MTS and SSL Integrate Services

Monday, August 29, 2005
SeaSupplier Ltd (SSL), the marine e-procurement unit of Stolt-Nielsen S.A., and Marine Transaction Services AS (MTS), a provider of second generation e-commerce solutions for the marine market, announced today the joint development of a new e-commerce interface between the parties, with the capability to fully automate the marine e-procurement process. The agreement links SeaSuppliers' shipping customers, including Stolt-Nielsen Transportation Group, Sea Bulk International, BP Shipping and Teekay Shipping - with the leading marine suppliers served by MTS - including Alfa Laval, Jotun, Unitor and Wärtsilä Corporation. "Through this collaboration, SSL and MTS have created an interface that gives the ship owner and supplier the opportunity to completely automate the marine e-procurement process," said Terry Kearney, Managing Director of SeaSupplier. "The integration of MTS' and SSL's capabilities enables a quantum leap in efficiency and volume for marine e-commerce transactions yielding significantly higher levels of value for our respective customers," added Brynjar Gevelt, Chief Executive Officer of MTS. By utilizing the interface, each order is evaluated automatically and routed down one of two paths. If the order is correct as submitted, then the supplier can proceed with an automated fulfilment of the order. Orders with inaccuracies are routed to a handler, with the incorrect items flagged. The inaccurate order is also routed back to the ship owner, providing feedback aimed at reducing inaccuracies in future orders. "We are in effect creating a holistic improvement cycle that will continually drive increases in process efficiency, leading to optimized cost savings," noted Gevelt. The integration of MTS' and SSL's customers has been in test for the last year. The joint platform is expected to be made available to the marine industry worldwide beginning in August 2005. Under the terms of the agreement, the cost of the new service to SSL's and MTS's respective customers will remain unchanged; neither party will charge the other party's customers.
Maritime Reporter September 2014 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

People & Company News

Coast Guard Foundation to Honor USCG in Miami

The Coast Guard Foundation, a nonprofit organization committed to the education and welfare of all Coast Guard members and their families, announced today that

Maritime Broadband Opens Office in Greece

Maritime Broadband has expanded its worldwide footprint by opening an office, Maritime Broadband Hellas, in Athens, Greece. The new office addresses the growing

Renewable Energy: Schottel Tidal Turbines Ready For Use

In the last months Schottel  successfully tested its hydrokinetic turbines in Strangford Lough, Northern Ireland. The full-scale tests included 260 operating hours under realistic conditions.

Navy

WWII Wrecks Found off North Carolina

German U-boat 576 and freighter Bluefields found within 240 yards A team of researchers led by NOAA’s Office of National Marine Sanctuaries have discovered two

US & ROK Navies to Participate in Exercise Clear Horizon

The U.S. and Republic of Korea (ROK) navies will participate in Exercise Clear Horizon, October 20-24, in waters south of the Korean peninsula. Clear Horizon

Mount Whitney Departs Batumi, Georgia

The U.S. 6th Fleet command and control ship USS Mount Whitney (LCC 20) departed Batumi, Georgia, Oct. 18 after completing a successful port visit. While in Batumi,

 
 
Maritime Contracts Maritime Security Maritime Standards Naval Architecture Navigation Offshore Oil Pipelines Pod Propulsion Salvage Sonar
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: 0.1415 sec (7 req/sec)