3 September 2007
ShipServ TradeNet welcomes first shipyard as member
South Korean-based Orient Shipyard has become the first shipyard to join the e-marketplace ShipServ TradeNet to trade electronically with its suppliers.
Orient Shipyard has two yards in Busan and Gwangyang which this year will launch 5,598,000 DWT tonnes of shipping between them. The yards are specialised in building bulk carriers and LNG vessels for German, Japanese and Korean owners.
Gideon Lee, Managing Director, Orient Shipyard, comments: “We are very excited to become ShipServ’s first shipyard customer. From the moment we deliver a ship to a customer, they will know that all the parts in their ship can be ordered electronically.”
“There is a great overlap between our extensive supplier base already connected to ShipServ TradeNet and the suppliers used by shipyards around the world,” says Freddy Ingemann, ShipServ Senior Vice President of Sales. “Therefore we are easily able to provide yards with the same electronic purchasing benefits as shipping companies.”
“This agreement shows the strength of our network and solutions. We have been able to implement electronic purchasing in a new market, i.e. the shipyard segment, within a short time. This not only means an increase in the number of suppliers connected to TradeNet, but also enables our existing supplier members yet again to grow their business”, adds Freddy Ingemann.
The concept of creating an electronic database of the vessel’s parts will be required by future IMO regulations - especially the International Convention for the Safe and Environmentally Sound Recycling of Ships. These regulations will set new standards for documents on inventory onboard ships with the intention of creating a “digital ship” to follow the life of every physical ship.
Carsten Melchiors, Secretary General of BIMCO speaking at the ShipServ TradeNet Conference 2007, said that such regulations would not only apply to newbuildings but would also concern existing ships that must comply no later than five years after entry into force of the Convention. The regulations will require a complete Inventory of Hazardous Materials (IHM) identifying three types of hazardous material: material contained in the structure and equipment of the ship, operationally generated waste, and stores.
Orient Shipyard is not the only buyer joining ShipServ TradeNet this quarter: recent shipping company sign ups include ASP Procurement Services, Dampskibsselskabet TORM, RKOffshore Management, Sealion Shipping, SMT Ship Management & Transport, and Tidewater Marine, who between them added another 372 ships to the total of nearly 3,000 trading across ShipServ’s e-marketplace and bringing the number of buyers to almost 100.
- Ends -
For more information or to arrange to see a demonstration of ShipServ Pages and electronic Ship Supply Management (eSSM) Solutions, please contact:
ShipServ
Lone K. Jensen
Marketing Coordinator
+45 3341 1070
ljensen@shipserv.com
www.shipserv.com
www.shipserv.com/pages
Editor’s Notes:
ShipServ was founded in 1999 and is the world’s leading provider of maritime e-commerce solutions bringing business benefits to ship owners / managers and suppliers alike, via the TradeNet e-commerce trading platform and ShipServ Pages, the online sourcing tool for the maritime industry.
TradeNet, ShipServ’s web-based trading platform:
ShipServ TradeNet is the world’s largest independent trading platform for ship supplies and neutral, i.e. not controlled neither by buyer nor supplier interests. The advantages of TradeNet have already been proven to nearly 100 ship managers and owners with almost 3,000 vessels expected to do 2 Mio. transactions in 2007 with 5,000+ suppliers. At the end of 2007, we expect to reach an annual GMV run rate of $750 Mio.
ShipServ’s electronic Ship Supply Management (eSSM) Solution includes:
Sourcing, Order Management, Catalogue Management, Logistics Management and Business Intelligence.
ShipServ TradeNet and ShipServ’s electronic Ship Supply Management solutions simplify the procurement process for shipping companies and suppliers alike. Old-fashioned fax and paper transactions are replaced with electronic trade resulting in savings in time and money throughout the supply chain. The automatic transferring of data between the shipping company’s procurement system and the supplier’s order management system reduces misdeliveries and the need for clarification communications.
ShipServ provides eSSM solutions for participants across the entire range of the marine marketplace, from shipping companies with just a few ships to the largest multinational ship managers; from small local ship chandlers to the largest OEM’s, contract suppliers and trading houses.