Online Marketplace News

Seably, the global online marketplace for bespoke maritime training, has hired Captain John Carlo Gatti as Director for Maritime Training Institutions. The youngest pilot to ever qualify as the Chief Pilot of Genoa, Captain Gatti brings with him a distinguished portfolio of knowledge, experience and hands-on expertise in navigation and vessel maneuvers that sets the bar within the maritime industry.Captain Gatti earned his command stripes within the merchant navy, before taking over the role as a Pilot, and then Chief Pilot of the Port of Genoa.

IHS Markit has announced that its energy price-reporting arm, Oil Price Information Service (OPIS), has signed a strategic agreement for an end-to-end LNG trading solution with GLX, an online platform to transact physical LNG cargoes.OPIS, an internationally-referenced price reporting agency serving the oil, natural gas, chemical, coal and biofuels industries has been a long-trusted industry leader for energy price indices, real-time news and expert analysis across the global fuel supply chain. OPIS was at the forefront in adopting IOSCO Oil Price Reporting standards having completed its first independent audit in 2013, with a global…

Amazon.com Inc is aggressively expanding its logistics operations in China as part of a broader effort to control the rising cost of shipping billions of packages. Its plans in China, outlined in filings there, include handling cargo and customs for goods headed to ports in Japan, Europe and the United States. Some analysts say the move could help position Amazon to offer shipping services to other companies, eventually competing with the likes of United Parcel Service Inc and DHL Worldwide Express BV. That would mirror the strategy of Amazon's cloud computing arm, Amazon Web Services, which is now the company's fastest growing unit. The service was launched to serve Amazon's own retail operations but now hosts data for other companies.

Kestrel Liner Agencies, a pre-eminent ocean freight provider serving the Caribbean, has started offering capacity on the Haven Platform. Haven, the private marketplace for buying and selling ocean freight capacity. The new partnership offers shippers a growing selection of port pairs. The Haven Platform enables shippers to easily search, compare, and reserve slots across 10 of the world's leading ocean carriers at more than 1500 ports. Capacity partners such as Kestrel use Haven's technology to reach new customers and to streamline their operations. "The addition of Kestrel's services provides our customers with streamlined access to Caribbean trade," said Matthew Tillman, Haven CEO.

Los Angeles Mayor Eric Garcetti today announced that Cargomatic, a Los Angeles-based, privately-owned technology company that matches trucking capacity with shipments, is testing its mobile app to speed up the flow of containerized cargo at the Port of Los Angeles (POLA). Cargomatic has developed a peel-off shipping concept that it calls the “Cargomatic Free Flow” program, a web-based solution that optimizes container moves for cargo owners, terminals, and trucking companies. Testing began in early January and preliminary results are encouraging, POLA said.

Chevron has formed Silicon Valley Oil Co., (SVOC), an online marketplace that plans to enable sales of fuels and lubricants to commercial and industrial customers through the Internet. Various large petroleum marketers, such as Hasco Oil and Thomas Petroleum, have joined in on the site from its commencement - providing feedback during live testing. Chevron collaborated on this project with Computer Sciences Corp. during the initial strategy formulation, market research and creation of SVOC, which is scheduled to be launched during the third quarter. The site will allow transactions such as placing orders for diesel fuel and bidding to fill these orders - leveraging current business practices with the convenience and efficiency of the Internet.

OceanConnect.com, the independent online marketplace for the purchase and sale of marine fuels, products and services introduced an innovative feature called OceanConnect.com Credit Solutions. Through the website, up to $1 million of credit protection could be available per ship owner closing business on the OceanConnect.com site. OceanConnect.com Credit Solutions provides the opportunity for suppliers to be covered for losses due to insolvency or default by buyers. Coverage is provided by an underwriter rated "A+XV" by A.M. Best Company. When an auction is created, available coverage is calculated instantly and can be viewed by buyers and invited suppliers on the auction monitor. OceanConnect.com Credit Solutions provides benefits to both suppliers and buyers alike.

OceanConnect.com, the global online marketplace for the purchase and sale of marine fuels, products and services has entered into a joint marketing and services agreement with integrated shipping services group H. Clarkson & Co., effective March 31. The operating alliance between the two companies combines the transparent marketplace of online auctions with the personal service and post fixture support of a leading marine fuel broker. This alliance, which offers a variety of new options transaction options, was developed in response to customer feedback. Several new transaction options are now offered, such as the ability to log on to OceanConnect.com and transact business without any further assistance.

The St. Lawrence Seaway Management Corporation (SLSMC) and the Saint Lawrence Seaway Development Corporation (SLSDC) announced today the launch of their E-Business Application Suite. Designed after extensive consultation with the marine industry, the suite provides a range of applications that will enhance the Seaway and Great Lakes as a key transportation artery within North America and gateway to global trade. Comprised of four applications, the suite enables stakeholders to efficiently plan transits, calculate costs, and coordinate activities with other stakeholders. Users can access the suite on the Seaway's www.greatlakes-seaway.com Web site. The subscription fee for 2002 is $1,000 (Cdn.).

Equilinx, a business-to-business e-commerce hub for the marine industry, will launch the world's first international online marketplace for ship repair and replacement parts, equipment and services in the second quarter of 2000. This new global maritime procurement gateway will combine comprehensive databases of catalogs with a sophisticated search engine that allows buyers to locate parts for ship repairs and maintenance. Sapient, a leading e-services consultancy, is providing the digital business strategy, creative design, and implementation to power this new gateway. Commerce One, a leader in global e-commerce solutions for business and Vitria Technology, a leading provider of eBusiness infrastructure software, will provide the technological foundation of the initiative.

OceanConnect.com, the global online marketplace for the purchase and sale of marine fuels, announced that the company has reached the million-ton milestone for bunkers sold by offering the only comprehensive online and offline bunker purchasing system. Neptune Orient Lines Ltd (NOL), one of the world's largest container shipping lines, created the transaction that put OceanConnect over the top. Their enquiry generated fourteen bids by four suppliers and closed online with Fuel and Marine Marketing LLC (FAMM). Each company was proud to be part of OceanConnect's historic milestone. "We were excited that our auction accounted for OceanConnect's millionth ton. Their service saves us time and money, and is the best platform for bunker purchasing.