SECRO

Real Stories, Real Impact
From Businesses Leveraging Secro Core

Hear from the businesses transforming global trade with us across logistics, finance, and global supply chains

Simplifying Onboarding and Unlocking Working Capital Savings

Challenge

Needed a legally recognized, easy-to-use eBL platform for a global spot transaction involving six counterparties.

How Secro Helped

Onboarded all parties in four days and issued secure QR-coded eBLs to both bank and consignee.

Benefits & Outcomes
  • eBLs delivered 5 days earlier
  • Enabled faster cash-against-doc payments
  • Digital reissuance and mid-shipment changes
  • Customs and bank compliance
“The simplicity of the sign-up process and intuitiveness of the platform allowed for a seamless onboarding experience and easy adoption. Thanks to Secro we can save a substantial amount of working capital days and reduce the risk of our operations."

Felix Dostmann,
VP Special Projects,
Nitron Group

Modernizing B/L Processes
with Seamless Digitization

Challenge

Sought to modernize paper-heavy B/L processes across traditional chemical tanker trades.

How Secro Helped

Delivered a platform for QR-coded paper B/Ls, eBLs, and sea waybills—managing all flows on one cloud portal.

Benefits & Outcomes
  • Full digitization or hybrid flows
  • Bills drafted, issued, and amended in minutes
  • Delightful charterer experience with minimal change
“All our bills of lading can now be drafted, issued, and amended in minutes. Secro delivered an impactful, short-term win that modernizes the operator’s offering with little change to the end users."

Vessel Operator
Leading Norwegian Tanker Company 

Eliminating Risk and Enabling Confident Resales

Challenge

Two-day transit shipments relied on risky letters of indemnity.

How Secro Helped

Enabled shipper, trader, and agent to draft and approve B/Ls instantly; allowed surrender before vessel arrived at discharge port.

Benefits & Outcomes
  • No couriering or risk of lost docs
  • No letters of indemnity needed
  • Allowed mid-voyage resale with re-issuance
“Secro has been a breeze to implement and removed the liability of letters of indemnity. We feel safe to do resales again."

Head of Chartering
Major Soft Commodity Trading House 

Cutting Delivery Times from Days to Minutes

Challenge

Needed faster and more reliable delivery of original bills of lading to remote locations.

How Secro Helped

Mapped current processes and launched eBL flows—first shipment live in 21 days.

Benefits & Outcomes
  • Drafting and approval in under an hour
  • Delivery time cut to minutes
  • No in-transit paperwork or couriers
“We achieved a predictable and reliable way to receive original bills of lading, saving time and money."

Fuel Operations Assistant Manager,
Leading Power Utility 

Enhancing Compliance and Collaboration Through

Challenge

Sought to comply with digital trade regulations and improve control over charterparty B/Ls.

How Secro Helped

Enabled drafting and issuance of eBLs, QR-coded paper B/Ls, and sea waybills with real-time approval.

Benefits & Outcomes
  • Full control over signed documents
  • Auditable, traceable storage for 10 years
  • Secure, cloud-based collaboration
“Odfjell appreciates the efficient cooperation with Secro and the ability to run pilot projects to test and mature the product. We are very positive and excited about what the future holds."

Knut H. Holsen,
VP Special Projects
,
Odfjell Tankers 

Accelerating Settlements and Boosting Capital Efficiency

Challenge

Needed to shorten the cash cycle for complex, cross-border trades.

How Secro Helped

Issued and electronically transmitted title documents instantly to the trader’s bank.

Benefits & Outcomes
  • Settlements processed within minutes
  • 20% better capital utilization
  • Faster equity turnaround across trades
“We reduced the time it takes to get paid by 5 days, which means a 20% better utilization of our working capital across our trade book."

Trade Finance Manager
Prominent Fertilizers Trading House 

Gaining Full Control
Over Documentary Process

Challenge

Oldendorff Carriers needed greater control, efficiency, and trustworthiness over bills of lading issued under charter parties.

How Secro Helped

Secro enabled Oldendorff to digitally approve, sign, and release eBLs, while facilitating secure online coordination with Head Owners.

Benefits & Outcomes
  • Full control and visibility over drafting, approval, and re-issuing
  • Time and effort reduced to under an hour
  • Eliminated paper, couriers, and third-party dependency
“After testing the Secro eBL solution with one of our clients and a receiver in the UAE, we have seen the advantages of BL digitalization in our segment. We are pleased to see it working."

Lars Struwe,
Senior Operations Manager,
Oldendorff Carriers

Fast, Seamless Issuance
Of Original EBLs

Challenge

Needed a faster, more secure way to manage shipping documents and reduce delays in exchange.

How Secro Helped

Introduced a structured digital eBL workflow that enabled prompt, reliable interactions with charterers.

Benefits & Outcomes
  • BIMCO and IGP&I compliant
  • Reduced reliance on letters of indemnity
  • Streamlined approvals and faster collaboration
“We found the Secro platform truly promising. Its structure ensured the confidentiality and trustworthiness of our transactions and enabled us to interact promptly and confidently with our Charterers."

Capt. Dimitris Kouimtzis,
Operations Manager,
Niovis Shipping

Andrew Sanaghan
COO

Experienced fintech and banking leader with a strong track record in scaling businesses and driving digital transformation. He most recently served as Managing Director at My Pulse, a SAAS data analytics provider, rapidly scaling the company from concept to revenue generation. Previously, as COO and Global Head of Financial Services at Validis, he led major growth initiatives. Andrew has also held senior roles at Deloitte, Lloyds Banking Group, and HSBC, with deep expertise in commercial banking and technology-driven solutions.

Giovanni Agostinelli
Strategic Advisor

Giovanni “Gio” Agostinelli brings investment-grade technology assessment expertise that directly accelerates Secro clients’ scaling success. As Partner at Sway Ventures, Giovanni has mastered the art of identifying breakthrough technologies before they achieve widespread recognition, backing companies like Outbuild, Measurabl, Slingshot Aerospace, and Tally Technologies through their critical growth phases. His rigorous due diligence framework helps Secro clients answer the questions that matter most: Is this technology truly transformative? Can it scale commercially across global markets? What does successful adoption look like? Drawing from cross-sector experience spanning renewable energy infrastructure at ThomasLloyd Group to enterprise IT software investments, Giovanni provides Secro clients with the same analytical rigor and commercial scaling intelligence that guides multi-million dollar technology investment decisions across the US and Europe, enabling them to transform proven innovations into industry-wide solutions with confidence.

Nakul Malhotra​
Strategic Advisor

Nakul Malhotra is Vice President of Emerging Opportunities at Wilhelmsen Group, leading corporate venturing across internal venture building, external innovation partnerships and early-stage maritime VC investments. A marine engineer by training with over 30 years of international maritime commercial, operational and management experience, he holds qualifications in marine engineering, business management and has direct seafaring experience.

Active in the global maritime innovation ecosystem, Nakul serves on multiple boards and advisory boards, mentors in incubators and accelerators worldwide, and is a Fellow or Chartered Fellow of leading professional maritime institutions. He contributes to industry committees including the Singapore Shipping Association’s Digital Transformation Committee and the Maritime Innovation Committee of the Royal Institution of Naval Architects, and is an Investment Committee member for the Maritime and Port Authority of Singapore’s MINT Fund. He is a strong advocate for sustainability, inclusion and the fusion of maritime domain expertise with emerging technologies.

Christophe Salmon
Strategic Advisor

Christophe Salmon was CFO of Trafigura from 2015 to 2024. He previously led commodity finance at BNP Paribas. At Trafigura, he managed global finance operations and helped strengthen the firm’s capital structure before retiring, handing over to successor Stephan Jansma.