Wiz, a tech-enabled full-stack freight forwarding platform for the modern-day, has announced the start of a new business entity exclusively for handling bulk cargo. The business division, headquartered in Singapore, will cater to the niche market of dry bulk shipping.
Wiz has also announced that Punit Oza has been appointed as the CEO of Wiz Bulk. He will start his new assignment on April 11, 2022. Punit is a veteran of dry bulk shipping and comes with over 29 years of rich experience in the industry. Over the years, he has held senior management positions in some leading shipping and trading companies. In his previous assignment, he spearheaded the digital transformation of Klaveness Dry Bulk before moving to the board of Klaveness Asia.
We are extremely excited to announce Wiz Bulk, a new business entity of Wiz that will cater to the dry bulk cargo market, and we will utilise our tech expertise to improve the customer experience for this market,” said Ramkumar Govindarajan, CEO, Wiz. It was immediately clear that Punit was the right choice to lead Wiz Bulk. I am looking forward to working with him to develop Wiz Bulk as a leading name for dry bulk cargo movements.”
Punit Oza said, “I am extremely excited to join the Wiz family and look forward to building a sustainable and customer-centric bulk shipping solution to provide greater transparency and value, leveraging technology to the maximum possible extent.” I am extremely impressed with what Wiz has achieved in the container freight solution space, and I hope that we can achieve the same success in the bulk freight solution space as well.
Punit will work with Wiz founders Ramkumar Govindarajan and Ramkumar Ramachandran to bring Wiz’s tech-enabled platform to the dry bulk industry, which has been growing very rapidly on the back of high demand from the emerging markets.