LONDON, UK, 19 October, 2009 – ShipServ, the leading maritime e-marketplace, has strengthened its partnership with The International Shipsuppliers & Services Association (ISSA), the international association representing nearly 2,000 ship suppliers worldwide.

Under the terms of the new agreement, signed at the ISSA54 Convention in Istanbul, ShipServ will work with ISSA on an ISSA “Zone” on ShipServ Pages, the online marine suppliers directory. ISSA members will also benefit from a special offer to join Pages.

Pages currently features over 30,000 suppliers offering anything from stores and provisions to life saving equipment to main engine spares to paint. The new agreement raises the profile of ISSA on Pages, highlighting its members to visitors.

“This cooperation represents an excellent opportunity for our members to reach, cost-effectively, new customers and trade efficiently,” commented Jens Olsen, ISSA President. “And as a progressive association it was important to us to have an influence in what added value services we are able to offer our members,” he said.

Maritime buyers use Pages to find suppliers for a wide range of uses, from locating new suppliers in unfamiliar ports to sourcing alternative suppliers for existing contracts.  Trust is very often an issue in many transactions, especially when dealing with a new supplier. The ISSA Zone will exclusively feature those ISSA members signed up to Pages, giving prominence to a community of high quality, accredited maritime suppliers.

“Our community of buyers tells us that finding a new supplier is relatively easy but finding one you can trust is much harder,” said Paul Ostergaard, Founder & CEO, ShipServ. “With ISSA’s increased involvement with Pages, we can highlight those suppliers with ISSA accreditation, giving buyers greater peace of mind.”

For more information on ShipServ email John Watton or call +44 20 3051 0257.

For more information on ISSA, email Debbie Munford or contact Sean Moloney/Debbie Munford
, Elaborate Communications on +44 1296 682356.

About ShipServ

ShipServ is the leading maritime e-marketplace, helping the buyers and sellers of ship supplies to reduce the costs associated with doing business together. In 2008 ShipServ helped its members save an estimated $350m and transformed the way they do business. Whether a Buyer needs to streamline its purchasing operations or a Supplier wants to reduce the cost of attracting or retaining customers, ShipServ is unique in helping businesses of all sizes to find each other easily, connect cost effectively and trade efficiently. Today the ShipServ community numbers nearly 140 buying organizations, 4,700 vessels and 30,000 suppliers. For more information visit www.shipserv.com.

About ISSA

The International Shipsuppliers & Services Association (ISSA) is the international association representing nearly 2,000 ship suppliers throughout the world.  It boasts a total of 43 national ship supplier associations as full ISSA members as well as associate members in 52 other countries where no national association exists. For more information visit www.shipsupply.org.

Copyright © 2009 ShipServ Limited.  All other trademarks are property of their respective owners.

LONDON, UK, 8 October, 2009 – ShipServ, the leading maritime e-marketplace, today announced it had processed its 10 millionth transaction since the company’s inception.

Over 140 ship owner, managers and yards now use ShipServ to buy more than $1bn in ship supplies each and every year, ranging from stores and provisions to life saving equipment to main engine spares to paint. In recent years, ShipServ has seen significant growth in its business, with transaction volumes more than doubling since 2007 (see chart below).

The 10 millionth transaction was an order from the Keppel Shipyard in Tuas, Singapore to Engtek Pte Ltd., a marketing, sales, and engineering organization for marine, offshore and construction with more than 35 years standing and reputation in South East Asia. The order was timed at 05:48 GMT on 11 September, 2009.

“This is a great day for ShipServ, showing the scale and momentum of our business,” commented Paul Ostergaard, Founder & CEO, ShipServ. “We’ve seen our community more than double in two years, signalling that the time is now for ship managers to adopt ecommerce.”

The next 10 million transactions were kicked off by an order from Van Oord Shipmanagement BV, based in the Netherlands, to Hytorc Nederland B.V., a subsidiary of HYTORC USA, the oldest and largest manufacturer of Hydraulic Torque Tools in the world.

In 2009 ShipServ expects to manage nearly 4 million transactions, meaning a transaction will be processed every 7 seconds, 24 hours a day, 7 days a week. On the buyer side these transactions include request for quotations and orders. And on the supplier side, these include quotes and order confirmations.

For more information on ShipServ email John Watton or call +44 20 3051 0257.

About ShipServ
ShipServ is the leading maritime e-marketplace, helping the buyers and sellers of ship supplies to reduce the costs associated with doing business together. In 2008 ShipServ helped its members save an estimated $350m and transformed the way they do business. Whether a Buyer needs to streamline its purchasing operations or a Supplier wants to reduce the cost of attracting or retaining customers, ShipServ is unique in helping businesses of all sizes to find each other easily, connect cost effectively and trade efficiently. Today the ShipServ community numbers nearly 140 buying organizations, 4,700 vessels and 30,000 suppliers. For more information visit www.shipserv.com.

Copyright © 2009 ShipServ Limited.  All other trademarks are property of their respective owners.

LONDON, UK, 29 September, 2009 – ShipServ, the leading maritime e-marketplace, today announced it won Bronze Medal in the Marketing Automation category at the 2009 Gartner & 1to1 Customer Awards.

The award is in recognition of the company’s innovative use of lead nurturing, customer relationship management (CRM) and social media tools to help market its business and stay in touch with existing customers.

The award was particularly notable given ShipServ were runners-up to RIM (the makers of Blackberry smartphones) and EMC (the $8bn storage technology company).

Gartner, Inc. is the world’s leading information technology research and advisory company. Founded in 1979, Gartner is headquartered in Stamford, Connecticut, U.S.A., and has 4,000 associates, including 1,200 research analysts and consultants in 80 countries.

“We’re honored to win such a prestigious award. A key part of what we do is providing a marketing channel for sellers looking to reach new buyers,” commented John Watton, VP Marketing, ShipServ. “So its good for them to know that behind the scenes we’re doing interesting, innovative things on their behalf.”

ShipServ use marketo for marketing automation and salesforce.com for CRM. In May 2008 ShipServ was awarded the SaaS Pioneer Award by salesforce in recognition of the company being salesforce’s longest-standing European customer.

For more information on ShipServ email John Watton or call +44 20 3051 0257.

About ShipServ
ShipServ is the leading maritime e-marketplace, helping the buyers and sellers of ship supplies to reduce the costs associated with doing business together. In 2008 ShipServ helped its members save an estimated $350m and transformed the way they do business. Whether a Buyer needs to streamline its purchasing operations or a Supplier wants to reduce the cost of attracting or retaining customers, ShipServ is unique in helping businesses of all sizes to find each other easily, connect cost effectively and trade efficiently. Today the ShipServ community numbers nearly 140 buying organizations, 4,700 vessels and 30,000 suppliers. For more information visit www.shipserv.com.

Copyright © 2009 ShipServ Limited.  All other trademarks are property of their respective owners.

LONDON, UK, 17 August, 2009 – ShipServ, the leading maritime e-marketplace, today announced that it signed an agreement with Columbia Shipmanagement (CSM), a leading force in ship management.

Under the terms of the agreement CSM will integrate its purchasing systems with ShipServ TradeNet, the e-commerce trading platform for operational supplies. With TradeNet in place requisitions and orders will flow seamlessly to the CSM supply base, reducing administrative overheads, shortening order cycle times and providing CSM with better intelligence on supplier performance.

“Columbia continues to be focused on finding ways in which it can lower operating costs while continuing to provide quality services to clients worldwide,” said Andreas Hadjipetrou, Managing Director, CSM Deutschland GmbH, “It was clear to us ShipServ can help us in this goal, by optimizing our purchasing processes and ultimately saving us money.”

The selection of TradeNet is part of the installation of a state-of-the-art purchasing infrastructure at CSM, which also includes Microsoft Dynamics AX (formerly Axapta) software.

The signing of CSM follows on from the major contracts recently won by ShipServ at Wilhelmsen Ship Management, Nautisk Forlag and Alfa Laval.

Pictured (left to right) are Timothy Scheller, Business Development Manager, CSM Ltd.; Capt. Dirk Fry, Managing Director, CSM Ltd.; Lars Bratshaug, EMEA Sales Director, ShipServ and Andreas Hadjipetrou, Managing Director, CSM Deutschland GmbH.

For more information on ShipServ email John Watton or call +44 20 3051 0257.

About ShipServ
ShipServ is the leading maritime e-marketplace, helping the buyers and sellers of ship supplies to reduce the costs associated with doing business together. In 2008 ShipServ helped its members save an estimated €250m and transformed the way they do business. Whether a Buyer needs to streamline its purchasing operations or a Supplier wants to reduce the cost of attracting or retaining customers, ShipServ is unique in helping businesses of all sizes to find each other easily, connect cost effectively and trade efficiently. Today the ShipServ community numbers over 130 buying organisations, 4,600 vessels and 27,000 suppliers. For more information visit www.shipserv.com.

About Columbia Shipmanagement
Columbia Shipmanagement was founded in 1978 and has become one of the four largest ship management companies in the world. CSM provides its clients with a wide range of shipmanagement services including Full Management, Crew Management, Commercial Management, Financial Consultancy, New Building Supervision and the Sale & Purchase of Vessels. For more information visit www.columbia.com.cy

Copyright © 2009 ShipServ Limited.  All other trademarks are property of their respective owners.

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STOCKHOLM, SWEDEN, 30 June, 2009 – ShipServ, the leading maritime e-marketplace, today announced that it signed an agreement with Alfa Laval, a leading global provider of specialized products and engineering solutions.

Under the terms of the agreement Alfa Laval will integrate the sales operations of ten of its sales companies with ShipServ TradeNet, the e-commerce trading platform for operational supplies.

Over 130 top ship owners, managers and yards use TradeNet every day to order operational purchases for over 4,500 ships, trading with over 27,000 suppliers. Buyers love TradeNet as they benefit from reduced administrative overheads, better information to make smarter sourcing decisions, faster order cycle times and a fact-based relationship with their suppliers.

With TradeNet integration in place, Alfa Laval expects to reduce the total order cycle times jointly with their customers and support them in optimizing their procurement processes.

“Alfa Laval is a major supplier to the maritime industry, so we’re delighted to welcome them into the ShipServ family,” commented Paul Ostergaard, Founder and CEO, ShipServ. “I look forward to helping them provide unparalled customer service to the global market.”

 The agreement was signed at the Alfa Laval offices in Stockholm by Magnus Nordin, General Manager and Mats Ottosson, Strategic Project Manager, Parts & Service Equipment of Alfa Laval and Lars Bratshaug, EMEA Sales Director, ShipServ.

For more information on ShipServ email John Watton or call +44 20 3051 0257.

About ShipServ

ShipServ is the leading maritime e-marketplace, helping the buyers and sellers of ship supplies to reduce the costs associated with doing business together. In 2008 ShipServ helped its members save an estimated €250m and transformed the way they do business. Whether a Buyer needs to streamline its purchasing operations or a Supplier wants to reduce the cost of attracting or retaining customers, ShipServ is unique in helping businesses of all sizes to find each other easily, connect cost effectively and trade efficiently. Today the ShipServ community numbers over 130 buying organisations, 4,500 vessels and 27,000 suppliers. For more information visit www.shipserv.com.

About Alfa Laval

Alfa Laval is a leading global provider of specialized products and engineering solutions based on its key technologies of heat transfer, separation and fluid handling.

The company’s equipment, systems and services are dedicated to assisting customers in optimizing the performance of their processes. The solutions help them to heat, cool, separate and transport products in industries that produce food and beverages, chemicals and petrochemicals, pharmaceuticals, starch, sugar and ethanol.

Alfa Laval’s products are also used in power plants, aboard ships, in the mechanical engineering industry, in the mining industry and for wastewater treatment, as well as for comfort climate and refrigeration applications.

Alfa Laval’s worldwide organization works closely with customers in nearly 100 countries to help them stay ahead in the global arena. For more information visit www.alfalaval.com.

Copyright © 2009 ShipServ Limited.  All other trademarks are property of their respective owners.

OSLO, NORWAY, 11 June, 2009 – ShipServ, the leading maritime e-marketplace, today announced at Nor-Shipping 2009 that it had signed an expanded agreement with Nautisk Forlag, one of the world’s largest agents of nautical charts and publications.

Under the terms of the agreement Nautisk Forlag will integrate its Singapore office with ShipServ TradeNet, the e-commerce trading platform for operational supplies.

Nautisk Forlag has grown from being the largest Norwegian distributor of nautical charts and publications to one of the leading agents worldwide, serving companies from Singapore and China to the US and Europe. It is an official distributor for the hydrographical offices of the UK, US, Norway, Sweden and Denmark, and holds extensive stocks of all charts and publications necessary for ocean-going vessels, both in paper and electronic formats.

Nautisk Forlag have been a TradeNet customer since 2004, and have already integrated their Oslo operations into TradeNet. The addition of Singapore means Nautisk Forlag now covers the majority of its customer markets.

“We’re delighted to extend our relationship with such a valued customer as Nautisk Forlag,” commented Paul Ostergaard, Founder and CEO, ShipServ. “They are an excellent example of a progressive supplier looking to innovate their business through e-commerce.”

Over 130 top ship owners, managers and yards use TradeNet every day for their operational purchases for over 4,500 ships. Members benefit from reduced administrative overheads, better information to make smarter sourcing decisions, fewer off-hire days due to faster order cycle times, lower shipment costs and the ability to handle more ships without the need to hire more staff.

The agreement was signed at the ShipServ booth at Nor-Shipping by Jarle Baade, Managing Director of Nautisk Forlag (pictured, 2nd from left) and Freddy Ingemann, SVP Sales of ShipServ (pictured, 2nd from right). Also in attendance were Ane Sivertsen, Sales Director of ShipServ (pictured, far left) and Captain Tin Lay Kyi, General Manager of Nautisk Forlag (pictured, far right).

For more detail on ShipServ email John Watton or call him on +44 20 3051 0257.

About ShipServ
ShipServ is the leading maritime e-marketplace, helping the buyers and sellers of ship supplies to reduce the costs associated with doing business together. In 2008 ShipServ helped its members save an estimated €250m and transformed the way they do business. Whether a Buyer needs to streamline its purchasing operations or a Supplier wants to reduce the cost of attracting or retaining customers, ShipServ is unique in helping businesses of all sizes to find each other easily, connect cost effectively and trade efficiently. Today the ShipServ community numbers over 130 buying organisations, 4,500 vessels and 27,000 suppliers. For more information visit the ShipServ website.

Copyright © 2009 ShipServ Limited. All other trademarks are property of their respective owners.
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OSLO, NORWAY, 9 June, 2009. ShipServ, the leading maritime e-marketplace, today announced at Nor-Shipping 2009 that it had signed an agreement with Wilhelmsen Ship Management (WSM), one of the world’s largest providers of third-party ship management services.

Under the terms of the agreement WSM will use ShipServ TradeNet to purchase operational supplies, spare parts, provisions and stores for the ships under its management. WSM manages about 130 commercial vessels, including Ro-Ros, container ships, bulk carriers, car carriers, seismic ships, LNG, LPG, product tankers, offshore supply ships, passenger vessels and specialised vessels.

“We’re delighted to welcome such a prestigious company as WSM to the ShipServ community,” commented Paul Ostergaard, Founder and CEO, ShipServ. “We look forward to helping WSM further innovate their business, and use the power of the internet to save money in their purchasing operations.”

Over 130 top ship owners, managers and yards use TradeNet every day for their operational purchases for over 4,500 ships. Members benefit from reduced administrative overheads, better information to make smarter sourcing decisions, fewer off-hire days due to faster order cycle times, lower shipment costs and the ability to handle more ships without the need to hire more staff.

The agreement was signed at the ShipServ booth at Nor-Shipping by Knut Persson of WSM (pictured, 2nd from left) and Mikael Weis of ShipServ (pictured, far left). Also in attendance were Jijo Kuriokose of WSM (pictured, 2nd from right) and Ane Sivertsen of ShipServ (pictured, far right).

For more detail on how ShipServ helps ship managers save money visit http://www.shipserv.com/savemoney or email John Watton, phone +44 20 3051 0257.

About ShipServ
ShipServ is the leading maritime e-marketplace, helping the buyers and sellers of ship supplies to reduce the costs associated with doing business together. In 2008 ShipServ helped its members save an estimated €250m and transformed the way they do business. Whether a Buyer needs to streamline its purchasing operations or a Supplier wants to reduce the cost of attracting or retaining customers, ShipServ is unique in helping businesses of all sizes to find each other easily, connect cost effectively and trade efficiently. Today the ShipServ community numbers over 130 buying organisations, 4,500 vessels and 27,000 suppliers. For more information visit www.shipserv.com.

Copyright © 2009 ShipServ Limited. All other trademarks are property of their respective owners.

LONDON, UK, 4 June, 2009 – ShipServ, the leading maritime e-marketplace, today announced that it estimated that the European shipping industry is wasting up to €1.8bn each and every year due to inefficient sourcing and purchasing practices.

And in the week in which 375 million European citizens are poised to vote in the European Parliament elections, ShipServ is urging European ship managers to vote “YES” to saving money on their operational supplies.

ShipServ’s analysis was based on its experience working with thousands of ship management professionals around the world, helping them to reduce the cost of purchasing the services and supplies they need to keep their ships operational.

“Its frustrating to see such waste still going on especially as we know how quickly such waste can be eliminated”, commented Paul Ostergaard, Founder and CEO, ShipServ. “When the shipping market was growing at a rate of knots, watching your costs might not have been a priority. Now its almost criminal.”

A typical company using the ShipServ e-marketplace to assist in sourcing suppliers, issuing request for quotes and/or placing orders saves anywhere between 5% and 20% of its operational spend every year. Based on an estimate of annual operational supplies spend of €9.3bn by European managers, this equates to a maximum 20% potential savings (and therefore wastage) of €1.8bn.

These savings can come from many areas including reduced administrative overheads, better information to make smarter sourcing decisions, fewer off-hire days due to faster order cycle times, lower shipment costs and the ability to handle more ships without the need to hire more staff.

“Its time for change in the shipping industry. It’s the duty of every ship manager to vote “YES” to saving money and to join ShipServ”, continued Mr. Ostergaard. “I’d go as far to says it’s their democratic duty!”

For more detail on how ShipServ saves ship managers money click here or contact John Watton on +44 20 3051 0257, email jwatton@shipserv.com.

About ShipServ
ShipServ is the leading maritime e-marketplace, helping the buyers and sellers of ship supplies to reduce the costs associated with doing business together. In 2008 ShipServ helped its members save an estimated €250m and transformed the way they do business. Whether a Buyer needs to streamline its purchasing operations or a Supplier wants to reduce the cost of attracting or retaining customers, ShipServ is unique in helping businesses of all sizes to find each other easily, connect cost effectively and trade efficiently. Today the ShipServ community numbers over 130 buying organisations, 4,500 vessels and 27,000 suppliers. For more information visit the ShipServ website.

Copyright © 2009 ShipServ Limited.  All other trademarks are property of their respective owners.

LONDON, UK, 1 May, 2009 – ShipServ, the leading maritime supplies e-marketplace, today announced that Sharon Gill, Regional Director, will be the first speaker at ShipTek 2009 to be held at the Sing Expo, Singapore from 6-7 May 2009.

Sharon will be presenting a paper entitled “How E-Commerce is Improving the Profitability of the Shipping Industry” at 09:20 on Wednesday 6 May.

ShipServ’s position on the agenda is a recognition of the reputation the company has gained for being a technology leader in the shipping industry. The event follows hot on the heels of ShipServ winning the First Tuesday Award 2009 for the UK’s Most Promising Internet Company - a cross-industry award giving to the UK-headquartered internet company with the most inspirational business idea and vision for the future.

For more information on the event visit ShipTek2009. To meet with ShipServ at the event email John Watton.

About ShipServ

ShipServ is the leading maritime e-marketplace, helping the buyers and sellers of ship supplies to reduce the costs associated with doing business together. In 2008 ShipServ helped its members save an estimated $100m and transformed the way they do business. Whether a Buyer needs to streamline its purchasing operations or a Supplier wants to reduce the cost of attracting or retaining customers, ShipServ is unique in helping businesses of all sizes to find each other easily, connect cost effectively and trade efficiently. Today the ShipServ community numbers over 130 buying organisations, 4,500 vessels and 27,000 suppliers. For more information visit www.shipserv.com

Copyright © 2009 ShipServ Limited. All other trademarks are property of their respective owners.

LONDON, UK, 28 April, 2009 - ShipServ today announced that it had won the title “UK’s most promising internet company 2009″, awarded by firsttuesday

The award goes to the UK-headquartered company with the most inspirational business idea and vision for the future. Over 175 UK technology companies entered the competition, with the initial shortlisting done by a panel of experts from sponsors Cisco, FirstCapital, Intel and TerraFirma. This long list was then reduced to 8 and then to just 3.

The finalists (ShipServ, wonga.com and twitterjobsearch.com) were then asked to pitch “Dragon’s Den style” in front of a jury consisting of Sean Phelan, Founder of Multimap.com, Ien Cheng, Director of Product Management, Google EMEA and John Yeomans, Partner, FirstCapital. The final happened at this year’s Internet World Exhibition in Earl’s Court, London, and nearly 50 people watched our CEO, Paul Ostergaard, tell the ShipServ story. After much deliberation by the jury, we were proud to be announced winners.

“Its great to hear that our vision for the future has been warmly received by such an esteemed group,” commented Paul. “But I’m particularly delighted that the value we’re delivering to our customers in the shipping industry has been recognised more widely as innovative, compelling and world-class.”

For more information on ShipServ please email John Watton or call him on +44 20 3051 0257.

About ShipServ
ShipServ is the leading maritime e-marketplace, helping the buyers and sellers of ship supplies to reduce the costs associated with doing business together. In 2008 ShipServ helped its members save an estimated $100m and transformed the way they do business. Whether a Buyer needs to streamline its purchasing operations or a Supplier wants to reduce the cost of attracting or retaining customers, ShipServ is unique in helping businesses of all sizes to find each other easily, connect cost effectively and trade efficiently. Today the ShipServ community numbers over 130 buying organisations, 4,500 vessels and 27,000 suppliers. For more information visit the ShipServ website.

About First Tuesday
First Tuesday is Europe’s largest professional network for high growth technology companies seeking venture capital with 38,000 members and 10 offices hosting events the first Tuesday of every month. For free membership, newsletter and more information please visit: http://www.firsttuesday.org.uk

Copyright © 2009 ShipServ Limited.  All other trademarks are property of their respective owners.