Friday, Monday, March 27, 2000
in marine e-commerce race
Building on a proven electronic marine procurement system developed by Stolt-Nielsen S.A over the past five years,.PrimeSupplier Ltd., today launched what it declares is "the world's first Internet-based total marine procurement system to make all products and services needed for marine operations available virtually anytime, anyplace, at the lowest cost."
The system is said to enable ship operators
to electronically select, purchase and arrange delivery for all
the ship operators' needs for fuel, consumables, spare parts
and other services.
PrimeSupplier Ltd. is the second independent
PrimeSupplier's principal offering, SeaSupplier, currently serves 135 ships for seven ship operators. Last year the system processed more than 40,000 transactions with a value of $150 million. It will include a multi-channel logistics system specially designed to address the complex transportation and logistics challenges faced by ship operators in managing their inventories and supply chains. SeaSupplier is claimed to enable ship operators to obtain the lowest delivered costs by capitalizing on consortium contract purchasing, competitive spot quoting and consolidated freight management. The highly automated system is designed to reduce total transaction costs for suppliers and purchasers alike.
Jacob B. Stolt-Nielsen, CEO of PrimeSupplier Ltd., commented: "We know very well the need to lower ship operating costs without reducing standards. Intelligent material management is an important part of cost control. Through SeaSupplier, we have achieved substantial savings for ship operators. By automating and optimizing the purchasing and delivery process, SeaSupplier enables suppliers to preserve their margins while lowering the delivered cost."
Kvaerner Warnow Werft GmbH, is the biggest undertaking in Rostock Warnemünde employing around 1.200 workers. The former Eastern German shipyard was privatised in 1992 and was totally restructured with help of State aid approved by the Commission during 1993-1995.
The aid was approved in accordance with EEC Directives 90/684/EEC and 92/68/EEC on shipbuilding, which require the "genuine and irreversible reduction of the shipbuilding capacity in Eastern Germany." The maximum overall capacity for former GDR shipyards was accordingly set at 327,000 cgt. Germany allocated this capacity between the Eastern German yards and KWW was allocated 91 000 cgt for 1999. The capacity limitation is set for 10 years, that is until end 2005. In approving aid for KWW, the Commission stated clearly that if the capacity limitation is not respected, a corresponding amount of aid will be recovered.