Marex Announces Significant Growth

Monday, April 09, 2001
Marex.com, Inc., a marine industry B2B e-commerce company, announced that it has achieved rapid and significant growth in the number of builders and suppliers currently online and using the company's two e-commerce products, MarExpress! and MarexPO!, to facilitate electronic procurement. The company reported that 15 builders and 50 suppliers are now "live" and utilizing the Marex system, an increase of 76% over the number of members online at December 31, 2000. Recently, Marex reported that since the launch of its e-commerce products in June 2000, more than $6 million worth of orders had passed through the Marex system in e-procurement transactions linking boat builders and suppliers -- more than 40% of which occurred in February and March alone. To date, 120 leading marine suppliers and 39 internationally recognized boat builders have signed contracts to use MarExpress! and MarexPO! "The speed with which we are bringing current members "live" and using the Marex system for e-commerce transactions is a major component of our success," said David Schwedel, Marex's CEO. "We are particularly pleased about the rapid growth in the number of suppliers online, because as we approach critical mass on the supply side, we can focus our efforts on enlarging the scope of our buy side."
Maritime Reporter October 2014 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Workboats

Seacor Takes Delivery of 10,800 HP Crewboat

Seacor Marine is building ever larger and more powerful mono-hull crew/supply boats. The first of these to be delivered is the 202x34-foot Alex F. McCall with some very impressive statistics.

A Classic Repower

The tug Falcon was built by Modern Marine Inc. in 1978. In the intervening years, companies that employed her have changed hands a number of times until 2013 when Vane Line Bunkering of Baltimore,

The Legal Consequences of 46 CFR Subchapter “M”

As the holiday season and the end of another year quickly approaches, the towing industry patiently waits for the Coast Guard to finalize the long-awaited towing vessel inspection rule.

 
 
Maritime Careers / Shipboard Positions Maritime Contracts Maritime Security Naval Architecture Port Authority Salvage Ship Electronics Ship Simulators Sonar Winch
rss | archive | history | articles | privacy | terms and conditions | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.1191 sec (8 req/sec)