Country for PR: Hong Kong
Contributor: PR Newswire Asia (Hong Kong)
Monday, May 31 2021 - 09:00
AsiaNet
Digital Chartering Quickens Pandemic-induced Slowdowns
SINGAPORE,May31,2021/PRNewswire-AsiaNet/--

-Keeping ships and cargo owners together during COVID-19 

Though COVID-19 did not immediately bring new technology in maritime, it nudged 
businesses practices more towards digital. In fact, the slowdown accelerated 
quicker adoption of digital procedures--with vessel chartering as a good 
example.

Traditionally, vessel chartering involves the long, drudging process of combing 
through high volume of shipbrokers' offers. They typically work in tandem with 
ship and cargo owners and are confined within their network. Another drawback 
working with shipbrokers is the geographical limitations.

Marine Online's platform eliminates all geographical restrictions. Both ship 
and cargo owners can source for their cargo or vessels just by inputting their 
requirements online. The platform's embedded A.I and Big Data enables quick 
take-ups; effectively speeding up chartering processes and voyages.

Kenny Phua, Vice President of Marine Online's chartering department, remarked: 
"As COVID-19 continues to disrupt our industry; we keep it moving through 
technology and constantly advocating its efficacy. Understanding it may be a 
major move for traditional businesses, our team of experienced professionals is 
ready to take clients through every step. It is also part of our initiative to 
encourage digitalised chartering-proven to simplify processes accompanied with 
cost-savings, as observed from our previous successful transactions."

A recent charter involved cargo owner, Cacao Paramount Sdn Bhd, who posted 
their consignment bound for East Asia on Marine Online's platform. They 
received a matching vessel notification shortly after. Pleased with the 
seamless process, a representative from Cacao Paramount said, "Marine Online's 
platform made our vessel search efficient with their extensive listing of 
available vessels matching our specifications; widening our options."

The shipowner agreed that sourcing for cargo is simpler with Marine Online's 
platform. Shipowners just need to update available tonnage regularly to ensure 
accurate cargo matching. The platform also assures client authenticity – making 
Marine Online a safe platform for both ships and cargo owners for chartering 
needs.

About Marine Online (Singapore) Pte Ltd

Marine Online is the world's first one-stop integrated platform specialising in 
maritime services for the global market. Launched in 2019, it has provided 
various maritime services through its revolutionary A.I and Big Data enabled 
platform to regional ship and cargo owners. With its portfolio of 8 major 
services, Marine Online shapes the future of maritime by using cutting edge 
technology to create business opportunities and connections. For more 
information, visit marineonline.com 


CONTACT

Media Relations
+65-6571-5888
marketing@marineonline.com


SOURCE  Marine Online (Singapore) Pte. Ltd.
Translations

Japanese