PR88717

SINGAPORE, March 29, 2021 /PRNewswire=KYODO JBN/ --

World's first smart vessel matching powered by artificial intelligence and big

data

Marine Online's one-stop integrated platform successfully matched a vessel for

a commodity cargo owner's shipment - demonstrating digitalisation is the answer

to all chartering challenges faced by ships and cargo owners today.

Cacao Paramount Sdn Bhd posted their cargo bound for East Asia on Marine

Online's platform, and received a matching vessel notification shortly after.

Pleased with the seamless transaction, a representative from Cacao Paramount

said, "Marine Online's platform made our vessel search efficient and seamless.

There was also an extensive listing of available vessels matching our

specifications; widening our options. We strongly recommend cargo owners to try

Marine Online's platform for quick and efficient vessel chartering."

A representative of the shipowner seconded, "Sourcing for cargo has become much

simpler with Marine Online's platform; shipowners just need to update available

tonnage regularly to ensure accurate cargo matching. The platform also assures

client authenticity – making Marine Online a safe platform for both ships and

cargo owners for chartering needs."

Gary Jin, Chief Technology Officer of Marine Online, remarked: "Observing the

synergistic relationship between data and A.I., we leveraged big data with

efficient algorithms to enable A.I.-based vessel matching. We are pleased that

our technology based initiative is able connect Cacao Paramount to the right

vessel. Cacao Paramount is proof Marine Online is the answer to today's

chartering needs."

Kenny Phua, Vice President of Marine Online's chartering department, added "Our

platform is an extension of our quality service to clients. As the industry

evolves towards technology-based operations, we are confident that Marine

Online is in the right direction to ease our clients' transition into

digitalised maritime business."

Source: Marine Online