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  • "ShipServ is a vital tool for us as a leading European ship chandler and we need to be highly visible in the ports we serve as it is used by all the leading shipping companies."

    George Saris, President
    Atlas Ship Chandlers

  • "We started to use TradeNet just to save time and stop manual typing of orders, but now we get other substantial benefits including vital benchmark data on suppliers’ response times that help us in all our negotiations."

    Knut Ove Thuland Hansen, Purchasing Manager
    Utkilen

  • "Time is the biggest saving through ShipServ. We have detailed data that tells us that the amount of time we spend per vessel each week has dropped from 9.2 hours to 7.9 hours."

    Richard O'Malley, Purchasing Supervisor
    Crowley Maritime

  • "Encouraging our suppliers to adopt the e-commerce platform has been well worth the effort. We have reaped significant cost savings from streamlining our purchasing processes."

    Charles Ong, Purchasing Manager
    Keppel Shipyard

  • "Since joining ShipServ in 2012, we have gained 7 new clients in 18 months. It has helped our company be seen in the international shipping market as both ShipServ Pages and TradeNet are used by many different shipping companies and it also speeds up the process between buyer and supplier."

    Valeria Assandri,Machinery & Replacement Parts S.r.l

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12 April 2010

Frontier Drilling Goes Live with ShipServ

Offshore services company starts using maritime e-marketplace for improved supplies ordering.

LONDON, UK, 12 April, 2010ShipServ, the leading maritime e-marketplace, today announced that Frontier Drilling, an independent supplier of drilling and production services for the oil industry, has gone live on ShipServ TradeNet.

Frontier Drilling, domiciled in Norway with administrative offices in Houston, Texas, focuses on the operation and management of conventional drillships, semi-submersibles and floating production, storage, offloading (FPSO) vessels. The Company owns and operates a fleet of seven vessels.

“ShipServ lets us take the pain out of purchasing,” said Danny Campbell, Procurement Manager at Frontier Drilling. “With faster order times and less administrative overheads we’ll have more time to address the real challenge in purchasing – sourcing better value deals to drive down our costs.”

TradeNet is the world’s leading maritime trading platform, helping the buyers and sellers of ship supplies to reduce the costs associated with doing business together. Nearly 150 ship owners, managers, offshore operators and yards use TradeNet to manage the purchasing for close to 5,000 vessels & rigs. In 2010 ShipServ expects to handle more than 5,000,000 transactions.

“Frontier Drilling is representative of the wide variety of buyers now part of the ShipServ community,” commented Paul Ostergaard, Founder & CEO, ShipServ. “We’ve always been strong in commercial shipping companies such as container lines, bulk carriers, reefers, RoRo etc., but in recent years we’ve also seen LNG carriers, support vessels, shipyards, cruise lines and offshore all signing up to ShipServ to reduce the cost of doing business.”

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NOTES TO EDITORS

1. Contacts

General press enquiries should be directed to John Watton, Chief Marketing Officer, ShipServ on +44 20 3051 0257, email John Watton.

2. About ShipServ

ShipServ is the leading maritime e-marketplace, helping the buyers and sellers of ship supplies to reduce the costs associated with doing business together. In 2009 ShipServ helped its members save an estimated $400m and transformed the way they do business. Whether a Buyer needs to streamline its purchasing operations or a Supplier wants to reduce the cost of attracting or retaining customers, ShipServ is unique in helping businesses of all sizes to find each other easily, connect cost effectively and trade efficiently. Today the ShipServ community numbers nearly 150 buying organizations, 5,000 vessels and 30,000 suppliers. For more information visit www.shipserv.com.

Copyright © 2010 ShipServ Limited. All other trademarks are property of their respective owners.

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