OpenTug

OpenTug secures $2.2M investment to amp up barge shipping

Yesterday, OpenTug, a maritime logistics software platform, announced a $2.2 million strategic investment led by TMV, an early-stage venture firm investing in the world’s leading entrepreneurs reshaping legacy industries through tech-enabled innovation. This latest funding brings OpenTug’s total raised to $5.3 million, building on the $3.1 million previously secured.

OpenTug, who spoke last week at Marine Log’s Tugs, Towboats & Barges (TTB) 2025 conference in Mobile, Ala., says the investment...

https://www.marinelog.com/inland-coastal/inland/opentug-secures-2-2m-investment-to-amp-up-barge-shipping/

Q&A: OpenTug’s use of AI in marine logistics

Sponsored Content: Jason Aristides, CEO of OpenTug, the marine logistics platform set up to connect freight with barges and terminals nationwide, recently sat down with Marine Log to discuss the company’s AI technology.

Aristides will be speaking at Marine Log’s Tugs, Towboats & Barges (TTB) 2025 conference in Mobile, Ala., on March 25-26.

Marine Log (ML): OpenTug has made significant strides in leveraging AI for marine logistics. Could you walk us through some of the ways AI is being utilized...

https://www.marinelog.com/inland-coastal/inland/qa-opentugs-use-of-ai-in-marine-logistics/

OpenTug prioritizes its BargeOS suit

OpenTug, the marine logistics platform set up to connect freight with barges and terminals nationwide, has announced a strategic shift in its business priorities from its original marketplace model to the continued expansion and advancement of BargeOS, a comprehensive cloud-based platform for barge and voyage management. It says that the move reflects its commitment to the industry’s growing need for streamlined, AI-powered tools that optimize booking, quoting and tracking processes across...

https://www.marinelog.com/inland-coastal/inland/opentug-prioritizes-its-bargeos-suit/

OpenTug raises $3.1M to grow marine operator network

Marine logistics software provider OpenTug announced Friday it has raised $3.1 million in a seed round led by Entrada Ventures with participation by SpringTime Ventures and Stout Street Capital to enhance its technology, expand its sales initiatives and grow its network of United States marine operators.

Since its founding in 2019, the company has raised $3.15 million, including an initial seed round led by SeaChange Fund in 2023. Its most recent round has valued the company at $10.1 million,...

https://www.freightwaves.com/news/opentug-raises-3-1m-to-grow-marine-operator-network

Among Piers: APM Terminals Elizabeth converts to green energy

APM Terminals Elizabeth at the Port of New York and New Jersey last month began using green power, an initiative that is expected to reduce carbon dioxide emissions by 45% this year.

APM Terminals Elizabeth said in a press release that it had “embarked on a decarbonizing plan in 2016 as part of a multiyear effort to reduce energy consumption through improved efficiency, equipment upgrades and electrification to reduce emissions and create a safer, cleaner working environment for employees.” 

The...

https://s29755.pcdn.co/news/among-piers:-apm-terminals-elizabeth-converts-to-green-energy