Marine Online Reinvents Vessels S&P Business Model
PR89040
SINGAPORE, April 19, 2021 /PRNewswire=KYODO JBN/ --
-Harnessing digital transformation for today's vessel sales and purchase
COVID-19 adversely disrupted shipping; world supply chains ground to a halt by
travel restrictions with numerous economies spiralling into recession. Marine
Online demonstrated its resilience against the pandemic with digitalised vessel
sales and purchase through one platform, with value-add services.
Marine Online replaces traditional vessel sales and purchase with technology;
its smart matching system integrates data of over 200,000 ships of various
makes, including new shipbuilding services from global shipyards. This
facilitates effective sourcing for the best-matched vessels according to
specifications, accompanied with a detailed listing of certifications and
surveys. The channel also offers insightful data such as vessel real-time
locations, valuation ranges, plus latest news in world maritime – to protect
clients' interests and enable informed decisions.
After the transaction, shipowners can access a comprehensive suite of maritime
services at competitive rates for their newly purchased vessel, including
towing, inspections or maintenance - all conducted by Marine Online's network
of global authorised service providers. Above all, shipowners have the option
to promptly pay for the services using Marine Online issued credits. Throughout
the whole process, both buyers and sellers are guaranteed of business
confidentiality.
Sam Ng, vice president of Marine Online's sales and purchase team remarked:
"Maritime is the backbone of international trade; with 80 per cent of global
trade volume and 70 per cent of global trade value are carried by sea and
handled by ports worldwide. Our platform converge buyers, sellers and service
providers to support the shipping ecosystem. It is our step to evolve from
traditional approaches to achieve sustainable shipping success with
digitalisation."
Marine Online is a client-centric platform providing maritime professionals
with value-add solutions. To date, Marine Online has transacted for both buyers
and sellers worldwide including Indonesia, China, Singapore and Vietnam.
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
SOURCE Marine Online (Singapore) Pte. Ltd.
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