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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 May 2010

ShipServ extends TradeRank to include “amazon.com style” reviews

Maritime supplier trust mark to include reviews from the buying community

COPENHAGEN, DENMARK, 12 May, 2010 ShipServ, the leading maritime e-marketplace, today announced at Connect10 that its unique supplier rating system, TradeRank, is being extended to incorporate “amazon.com-style” reviews.

TradeRank is devised by ShipServ to indicate a supplier’s popularity in the market and is fast becoming the industry standard way to assess a supplier’s capabilities. TradeRank is based upon a supplier’s activity on ShipServ TradeNet, the world’s most widely used maritime e-commerce trading platform. A high TradeRank indicates that the supplier is widely used by the ShipServ TradeNet buyer community.

With this new functionality, Buyers will be able to submit reviews of suppliers they have traded with on TradeNet. The addition of reviews aides the sourcing process, giving buyers further information on which to make decisions.

Suppliers will be provided with a rich toolset to help build and manage their online reputation. Reviews have been proven to help win new business and suppliers will be able to solicit reviews from their customers and respond to any reviews that are posted.

“The addition of reviews marks a trend towards more transparent communication, and a desire by our community to share opinions and information,” said Stuart May, VP Product Management, ShipServ. “It also marks our continued journey to break down the trust barriers and further facilitate e-commerce in shipping.”

The new review functionality will be made publicly available by the end of June 2010.

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.