PR89796

SINGAPORE,May31,2021/PRNewswire=KYODO JBN/--

-Keeping ships and cargo owners together during COVID-19

Though COVID-19 did not immediately bring new technology in maritime, it nudged

businesses practices more towards digital. In fact, the slowdown accelerated

quicker adoption of digital procedures--with vessel chartering as a good

example.

Traditionally, vessel chartering involves the long, drudging process of combing

through high volume of shipbrokers' offers. They typically work in tandem with

ship and cargo owners and are confined within their network. Another drawback

working with shipbrokers is the geographical limitations.

Marine Online's platform eliminates all geographical restrictions. Both ship

and cargo owners can source for their cargo or vessels just by inputting their

requirements online. The platform's embedded A.I and Big Data enables quick

take-ups; effectively speeding up chartering processes and voyages.

Kenny Phua, Vice President of Marine Online's chartering department, remarked:

"As COVID-19 continues to disrupt our industry; we keep it moving through

technology and constantly advocating its efficacy. Understanding it may be a

major move for traditional businesses, our team of experienced professionals is

ready to take clients through every step. It is also part of our initiative to

encourage digitalised chartering-proven to simplify processes accompanied with

cost-savings, as observed from our previous successful transactions."

A recent charter involved cargo owner, Cacao Paramount Sdn Bhd, who posted

their consignment bound for East Asia on Marine Online's platform. They

received a matching vessel notification shortly after. Pleased with the

seamless process, a representative from Cacao Paramount said, "Marine Online's

platform made our vessel search efficient with their extensive listing of

available vessels matching our specifications; widening our options."

The shipowner agreed that sourcing for cargo is 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.

About Marine Online (Singapore) Pte Ltd

Marine Online is the world's first one-stop integrated platform specialising in

maritime services for the global market. Launched in 2019, it has provided

various maritime services through its revolutionary A.I and Big Data enabled

platform to regional ship and cargo owners. With its portfolio of 8 major

services, Marine Online shapes the future of maritime by using cutting edge

technology to create business opportunities and connections. For more

information, visit marineonline.com

CONTACT

Media Relations

+65-6571-5888

marketing@marineonline.com

SOURCE  Marine Online (Singapore) Pte. Ltd.