Listed Singapore company, Sinwa Limited, commits to e-commerce using ShipServ’s TradeNet

In time for the Asia Pacific Maritime 2006 Show, held at Singapore Expo this Wednesday to Friday; Sinwa Limited and ShipServ Ltd. have announced that the Sinwa order processing system will be fully integrated with ShipServ’s TradeNet.

Sinwa Limited is a fast growing, publicly listed, world-class quality-driven marine supply and logistics company, whose core business is supplying a wide range of ship stores, provisions and equipment to ships and oil rigs in the Asia-Pacific region.

ShipServ Limited is a leader in maritime electronic procurement services and solutions throughout Europe, North America and Asia.

Since 2002 Sinwa and their offices in Singapore, China and Australia have been transacting, individually, via TradeNet with their customers all over the world. With the centralization and integration of Sinwa’s offices worldwide due to ShipServ’s technology – all Sinwa offices will be able to manage their own transactions either locally or remotely, all via TradeNet and then to centralize the data in the order processing system at the Singapore HQ.

“We are delighted to embark on a closer co-operation with ShipServ, which will help us increase our competitiveness and serve our clients better. This integration will bring us significant benefits and savings.” said Mike Sim, CEO of Sinwa.

Lay Ling Tan, Executive Director of Sinwa said: “We are convinced of the merits of system to system integration on our sales and ordering process. This integration will enable us to respond faster to our clients by saving us time in data transfer throughout the purchasing cycle. Furthermore our overseas offices will also benefit from this shared service”.

“The Sinwa group of companies has always been a valued customer of ShipServ and we are extremely happy to see this integration of their order processing system and TradeNet.” said Paul Ostergaard, CEO of ShipServ.

He continued: “The adoption of ShipServ services by shipping companies has been growing rapidly. TradeNet volumes continue to increase steeply. We see a positive trend with important suppliers in key ports, like Sinwa, now integrating to TradeNet to take full advantage of the transaction monitoring and reporting provided when trading electronically.”

This entry was posted on Thursday, March 23rd, 2006 at 2:16 pm.