13 July 2011
This month’s Baltic magazine features an article on “E-trading for suppliers”. Although trust remains an issue when ship supplies and purchasers trade online, there are some innovative products out there which should cut costs for owners and shipmanagers.
You can read an extract of the article below or visit the Baltic website.
E-trading for suppliers
Although trust remains an issue when ship supplies and purchasers trade online, there are some innovative products out there which should cut costs for owners and shipmanagers.
Online trading is now a fact of life and the ship supply arena is no different, with marine and offshore e-marketplace ShipServ recording a “bumper” 2010 with trading volumes up 31% on 2009.
According to the company, during the course of last year over four million trading transactions were facilitated by ShipServ, with an annual value of $1.7 billion, with nearly three quarters of a million visitors coming to the site to source goods from over 35,000 suppliers – an increase of 134% on 2009.
“We’re delighted that so many marine and offshore businesses rely on ShipServ in their day-to-day operations,” says Paul Ostergaard, founder and chief executive of ShipServ. “With our growth in 2010 we can truly say ShipServ is the one place that maritime professionals come to do business.”
Companies that signed up to trade on ShipServ last year included ABCmaritime, Alpha Shipmanagement, BW Gas, Chellaram Shipping, Mowinckel Ship Management, OSM Ship Management, Pacific Basin, Prestige Cruise, Reederei F. Laeisz, SeaCor Dubai, Regent Seven Seas Cruises, Star Cruises, Tai Chong Cheang Steamship, Tolani Shipping and Wah Kwong.
Tags: ShipServ in the press