S&P Global Buys Firm to Bolster Capability to Track Commodity Shipments
S&P Global Commodity Insights said on Monday it had acquired UK-based technology firm Tradenet and its live vessel-tracking platform Market Intelligence Network (MINT) to bolster its capability to track and analyze commodity shipments. Demand for ship-tracking data has grown in the commodities sector in recent years, leading to the creation of new data analytics businesses such as Kpler, Vortexa and Refinitiv that compete with S&P Global. "The acquisition adds powerful new capabilities to our cargo…
AET Sign Up for ShipServ TradeNet Services
ShipServ, a leading marine and offshore e-marketplace, has been contracted by tankship operators AET to provide procurement software services for its fleet operations. AET will connect to ShipServ through its current ABS Enterprise system software suite. The global company’s procurement activities are based in Singapore and responsible for around 60 in-house managed vessels including VLCCs, Suezmax and Aframax tankers. “We are delighted to welcome such a major tanker owner-operator to the ShipServ community. To bring such a highly-respected company onto TradeNet really demonstrates that ShipServ is the preferred partner in this sector. ShipServ now has over 15 tanker owners and operators trading on ShipServ TradeNet.
RoRo Operator Joins ShipServ
Grimaldi Group Naples, has become ShipServ's 53rd member. They are also its first Italian shipping company client. Grimaldi Group Naples, which includes Grimaldi Compagnia di Navigazione, Atlantica di Navigazione, INARME, Malta Motorways of the Sea and Atlantic Container Line, has 47 vessels with another 12 on order. The Group is known for its purchasing organization and procedures, which has enabled it to achieve substantial efficiencies over the years. Grimaldi is a long time user of SpecTec AMOS Maintenance & Purchase system and it is the first SpecTec client to become a member of ShipServ TradeNet since SpecTec and ShipServ announced their new partnership in March.
ShipServ Launches New Sourcing Tool
ShipServ introduced ShipServ Pages on April 20m 2006, an online search engine for the shipping industry. ShipServ Pages makes immediate online search and listing access available to the 10,000 shipping companies and more than 30,000 marine suppliers operating in the world-wide ship supply market. ShipServ Pages enable all marine buyers to search for and qualify suppliers using a wide variety of criteria on as narrow or as wide a basis as required. They provide suppliers with a highly effective tool to market and advertise their services in an interactive manner. Fully integrated to ShipServ’s TradeNet and highly user friendly - ShipServ Pages provide shipowners / managers and their suppliers with further improved management and marketing tools.
ShipServ’s e-procurement Solutions Expand
ShipServ announced that Chevron Shipping Company and Seabulk International have contracted to conduct their procurement business via ShipServ’s TradeNet trading platform. ShipServ established a foothold in North America, by adding a number of blue chip clients and breaking into new sectors such as LNG, cruise ships etc. Chevron Shipping, San Ramon, California, signed on its tanker fleet currently at 25 ships, including the, Northwest Swan, an LNG vessel operated by an affiliate of Chevron Shipping on behalf of the North West Shelf Venture Gas Project. Seabulk International, Fort Lauderdale, Florida, who operate one of the largest USA tanker fleets, will use TradeNet for all purchasing for their fleet of ten petroleum product and chemical tankers.
E-Business: Growing in Maritime Industry
E-business means doing business on the Internet. This can include any business process - to include buying and selling, which is known as E-commerce. The arranging for transport by sea or the buying and selling of things needed for ships that sail from port to port are among the world's oldest professions. Many ship owners, operators or managers still conduct business the old-fashioned way, building and maintaining close and longstanding relationships with suppliers or customers. While the dot-com craze of a few years ago has passed, E-business is revolutionizing several important business processes in the maritime industry. Computers can aid in the design and construction of vessels, and the Internet can be used to transmit design information and changes instantaneously.
