On-Line Tool Launched for Tanker Industry

Friday, August 17, 2001
A leading software supplier to the shipping industry said on Friday it had launched a new internet-based tool for the chartering and operation of tankers.

Strategic Software said in a statement: "The TankerIMX product being created by Stategic is a robust collection of tools for our industry - charterers, owners, brokers, agents..."

It said the system had been developed with support from three U.S. ship brokerages: Dietze, McQuilling and Weber.

Strategic said the product would: "target those areas where great productivity gains can be achieved through the intelligent use of web-based technology."

Strategic Software, which acquired its closest competitor Dataworks in May, has long dominated the shipping sector.

In the last two years it has come under increasing pressure from internet start-ups keen on taking a slice of the $120 billion per year maritime freight industry.

The system is likely to compete with the online services of London's Baltic Exchange, which will be launched next Monday.

To some extent it also competes with LSX-2, a product being developed for online ship chartering by London-based Levelseas. But unlike LSX-2, TankerIMX has no functionality for negotiating freight rates and concluding deals.


Tanker Trends

Big Tankers' Need for Retrofit Slows Use of New Panama Canal

The promise that some oil traders and brokers saw for an expanded Panama Canal to become a new route for large tankers will take longer to realize than expected

Pressure Mounting on VLGCs Rates - Drewry

A wave of cargo cancellations from the US is putting additional pressure on VLGC rates, according to the latest edition of the LPG Forecaster, published by global shipping consultancy Drewry.

Russian Tanker Detained in Malaysia

The Malaysian Maritime Enforcement Agency (MMEA) detained a Russian oil tanker Zolotoi Most along with 25 crew members for anchoring off Tanjung Piai without authorization,

 
 
Maritime Careers / Shipboard Positions Maritime Security Maritime Standards Naval Architecture Navigation Port Authority Salvage Ship Repair Ship Simulators Winch
rss | archive | history | articles | privacy | 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: 0.0613 sec (16 req/sec)