Harbor Lab Funding

Harbor Lab, the maritime software company modernising outdated accounting practices across the shipping industry, has raised US$16 million to help it streamline port call cost management processes. The company’s platform optimises the port cost management process for shipping companies, thereby enabling a single individual to oversee disbursements for up to 50 vessels vs today’s ratio of 1 to 6 ships. Harbor Lab further states shipping companies can reduce the margin of error from 20% to just 3% per port call.