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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

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    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

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6 August 2014

ID Shipmanagement signs up to ShipServ

For immediate release
Ship managing arm of leading Danish shipping fund chooses ShipServ’s suite of decision support tools for its e-procurement and sourcing activities

London, UK , August 5, 2014. ShipServ, the leading marine and offshore e-marketplace, has built further on its trusted position among ship managers with the signing of Hong Kong ship manager, ID Shipmanagement.

IDSM is the ship management arm of Investment Group Denmark A/S and is currently responsible for the technical management of 15 dry bulk vessels including handysizes and panamaxes.

The ship manager chose ShipServ on the strength of its ability to offer advanced sourcing and procurement tools alongside its core offering of increasing transaction speeds and improving purchasing efficiency.

These advanced tools and services include ShipServ Match, an automated supplier recommendation service that can cut purchasing costs by up to 10%, and a KPI benchmarking tool that provides specific purchasing KPIs based on the trading activities of over 8,500 vessels.

IDSM will use ShipServ Onboard – an onboard requisition tool – to connect to ShipServ’s web-based procurement platform, which will allow IDSM to upload purchase order information direct into its Navision accounting system.

Sharon Gill , VP of Sales of ShipServ said:
“We are delighted to welcome ID Shipmanagement to the ShipServ community and to provide them with tools such as ShipServ Match to enhance their procurement process and save both time and money.”

Mik Stoustrup, MD of ID Shipmanagement, said:

“With the tools that ShipServ provides such as benchmarking and Match we are able to improve purchasing efficiency from the moment the requisition is sent from one of our bulkers. ”

ShipServ has a number of leading ship managers and shipowners and operators using their platform and services such as the KPI benchmarking tool and ShipServ Match including AP Moller-Maersk, CMA CGM, Teekay Shipping and Anglo-Eastern.

(L-R) Kim Skaarup, Chief Operating Officer of ShipServ, Sharon Gill, VP of Sales for ShipServ with Mik Stoustrup, Managing Director of ID Ship Management.
Notes to Editors:
About ID Shipmanagement and Investment Group Denmark A/S
ID Shipmanagement is the ship management arm of Investment Group Denmark A/S and manages 15 bulkers from its offices in Hong Kong.
Investment Group Denmark A/S has total fleet of 22 bulk vessels with newbuilding contracts in China and Japan.
About ShipServ
ShipServ is an e-marketplace that connects buyers in the marine industry (shipowners, managers, yards and oil rigs) with over 52,000 suppliers of spares, stores and anything else that is used on a ship.
In 2014, ShipServ will facilitate close to $3bn of annual trade from over 200 buying companies managing over 8500 vessels and trading with over 52,000 suppliers in over 100 countries around the world.

For buyers, ShipServ works with existing ship management software and helps shipowners, managers and yards to reduce vessel operating costs by enabling seamless trading with maritime suppliers globally.

Users report up to 10% savings on operational spend by using tools such as ShipServ Match – a new automated supplier recommendation service – and a 30% reduction in the procurement department workload, along with the benefits of complete transparency that comes from all communication being captured in a standard format.

For suppliers: ShipServ offers an effective way to sell and market in the marine industry.

For more information visit: www.shipserv.com.

To find out more about ShipServ Match visit www.shipserv.com/info/save-time-and-money-with-tradenet/what-is-shipserv-match/
Media enquiries:
For ShipServ: Mark Warner: mwarner@shipserv.com +44 (0) 203 051 0256

To see all ShipServ’s recent media releases in one place, please see: http://www.shipserv.com/news