Maron Systems (Part of Navarik)

Maron Systems is a software development company specialising in Oil Accounting and Shipping management in the oil refining, shipping, terminals, and specialty products manufacturing markets. Maron Systems offers its proven OAS (Oil Logistics, Accounting, and Shipping) web application to help refineries digitally support and modernize operations between operational and commercial spaces. Maron Systems provides end-to-end solutions for mass balance, inventory management, and berth planning. OAS has been installed in a number of countries, already counting many major multi-national oil companies amongst its users. Catering for a wide range of solutions, OAS has been developed in co-operation with real refineries and real users ensuring that it delivers real benefits. OAS offers reduced costs, more accurate information sharing, and improved process efficiency in an integrated solution. OAS is also very cost-effective. A typical implementation payback period could be as short as 12 months. In 2023, Navarik acquired Maron Systems, extending solutions offered to refineries, terminals, and hydrocarbon storage facilities. Navarik provides cargo owners with a proven framework to restore order to inspection nominations, results, and invoices for hydrocarbon trading with a single source of truth. Both Maron Systems and Navarik proudly operate under Vela Software and Carina, divisions of Constellation Software Inc (TSX: CSU). Carina and Vela offer vertical market software expertise to a diversified group of public and private sector markets. With a buy-and-hold forever philosophy, Vela and Carina provide operational support for long-term, organic growth while preserving the culture and leadership critical to the company's success.