openPR Logo
Press release

Pay for your ship supplies with Marine Online credits

Full range of ship supplies available round the clock, plus available credits for payment

Full range of ship supplies available round the clock, plus available credits for payment

It is important for a ship to have adequate stores before any voyage. Long periods at sea involving big groups of crew can deplete provisions; anything from hardware, chemicals, galley equipment, charts and binoculars, foods and other supplies. It can be said that many items onboard are specialised in their nature.

Balancing supplies and cash flow
With a comprehensive list of items to procure, the captain cannot approach a random supplier with limited exposure to maritime needs. Every item ordered especially spare parts has to be of superior quality to ensure the vessel’s smooth operation, and the crew’s safety.

As the ship docks, the cycle of replenishing stock repeats – subject to availability. Apart from providing commodities, some ships would require cleaning, repair and maintenance services. Moreover, a chargeable commission is applicable for the bulk of orders placed.

Cash flow is a big issue for any shipowner or manager. Inability to pay bills timely leads to strained relationship with suppliers, or lawsuits in serious cases. With the current COVID-19 situation, cash flow became a common problem for numerous shipowners of small- and medium-sized vessels.

Bridging the cash flow gap
With most of the suppliers’ Cash-on-Delivery policies, it is a challenge for shipowners of smaller fleets to manage on-time payments. Marine Online offers a solution to bridge shipowners’ cash flow gap. Shipowners can source for their supplies across various providers and pay with ready credit issued by Marine Online. Not only will shipowners be able pay promptly for all purchases, they can be assured of receiving products of optimum quality.

All suppliers are stringently screened and selected to be Marine Online’s authorised service provider. Users can look forward to quick, professional, safe and secured transactions through its web and app integrated platform.

15-16F Mapletree Business City, 10 Pasir Panjang Road, Singapore 117438

Marine Online is an eCommerce company, focusing on delivering essential marine services to shipowners.
We integrate digital technology, big data, and Artificial Intelligence into the traditional shipping industry to streamline services, which in turn lead to cost savings for shipowners. With the transaction data gathered from Marine Online's platform, we are able to develop an efficient supply chain and credit rating system. This platform aids global shipowners in resolving cash flow issues and positively drives digital adaptation in the maritime industry.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Pay for your ship supplies with Marine Online credits here

News-ID: 2235370 • Views: 329

More Releases from Marine Online (Singapore) Pte Ltd

Marine Online’s Platform Offers Shipowners Direct Access To Marine Services
The pandemic’s devastation disrupted numerous worldwide maritime operations – with companies either ceasing operations or impaired by travel restrictions. This resulted in shipowners’ deadlock in finding reliable vendors and subjecting their vessels to neglected maintenance. ADK Maritime Pte Ltd enlisted the help of Marine Online for their vessel’s safety-related works to be carried out in China. A representative of ADK Maritime Pte Ltd commented: “We had a vessel in China
Marine Online Facilitates 2 Vessels’ Smooth Transit Through Singapore
Marine Online’s team of professionals recently facilitated 2 vessels’ smooth transits through Singapore. The vessel operators approached Marine Online for urgent assistance through the platform, including vessel and crew departure immigration clearance, and crew sign-on/off. Two vessels were originally scheduled to leave Singapore waters; one towing the other to Indonesia for dry-docking. Originally in Batam, Indonesia, the ships’ designated port agencies have either ceased operations due to the pandemic, or

More Releases for Cash

Cash Logistics Market Predicted By Top Players Like The Brink's Company, Cash Lo …
The "Global Cash Logistics Analysis to 2027" is a specialized and in-depth study of the cash logistics with a special focus on the global market trend analysis. The report aims to provide an overview of cash logistics market with detailed market segmentation by services, end-user and geography. The global cash logistics market is expected to witness high growth during the forecast period. The report provides key statistics on the market
Cash Logistics Market (By Segment, By Region): Trends, Opportunities and Forecas …
ReportsWeb.com has announced the addition of the “Global Cash Logistics Market Size Status and Forecast 2021”, The report classifies the global Cash Logistics Market in a precise manner to offer detailed insights about the aspects responsible for augmenting as well as restraining market growth. The global market for cash logistics services has been influenced positively by the rising security concerns amongst banks and corporate houses which require secure
Cash Sorting Machine, Forecast, machinery industry, cash , Banking, retail, gami …
An up-to-date research report has been disclosed by Market Research Hub highlighting the title “Global Cash Sorting Machine Sales Market Size, Growth, Share – Analysis Future and Forecast by 2025”which provides an outlook of current market value as well as the expected forecast including Rate on Investment (ROI) together with growing CAGR of XX% during 2018-2025. The report studies the Cash Sorting Machine market worldwide, especially in United States, China, Southeast Asia, Japan
Global Cash Logistics Market By Segment - Cash in Transit & Cash management : Co …
Albany, NY, 26th September : ResearchMoz presents professional and in-depth study of "Global Cash Logistics Market (By Segment, By Region): Trends, Opportunities and Forecasts (2016-2021) (By Segment - Cash in Transit, Cash management: By Region – North America, Europe, APAC, ROW: Market Entry Strategies: Company Analysis: Strategic Recommendations)". The global market for cash logistics services has been influenced positively by the rising security concerns amongst banks and corporate houses which
Global Cash Logistics Market Analysis and Forecast 2021 by Segment(Cash in Trans …
The global market for cash logistics services has been influenced positively by the rising security concerns amongst banks and corporate houses which require secure movement and management services for cash. Growing ATM market has resulted in rise in demand for cash logistics services. Browse the report: http://www.orbisresearch.com/reports/index/global-cash-logistics-market-by-segment-by-region-trends-opportunities-and-forecasts-2016-2021 The Global Cash Logistics market has witnessed stable growth in the demand for the cash logistics as well as management services. While apprehension to use
Countybank’s New “Kasasa Cash Back” Checking Account Rewards Consumers wit …
Countybank today introduces the simple and rewarding Kasasa Cash Back™ checking account, which offers major cash rewards on everyday debit card purchases. Greenwood, SC, April 05, 2012 - Countybank today introduces the simple and rewarding Kasasa Cash Back™ checking account, which offers major cash rewards on everyday debit card purchases. Kasasa Cash Back is a free checking account that rewards account holders with cash back on everyday debit card purchases, and without