MARINE ONLINE RECORDS US$150 MILLION REVENUE IN Q3 2022

SINGAPORE, August 25, 2022 /PRNewswire/ — Navy Online (Singapore) Pte Ltd recorded its turnover at $150 million like a August 2022eclipsing the 2021 performance of $6 million. While this tremendous improvement highlighted the company’s resilience in the post-pandemic business landscape, navy online grew exponentially in Q3 2022 compared to 2021 – translating to a 25x increase.

As a world famous maritime e-commerce platform, navy online also has an extensive network of Authorized Service Providers (ASP) to serve customers worldwide. In addition, all partners are selected through a series of rigorous evaluations. This guarantees shipowners quality support almost 24 hours a day, from supply to maintenance and repair operations, including emergency assistance.

Yang Linggeneral manager of navy online noted, “We delivered growth exceeding our expectations despite a challenging business landscape due to our focus on execution. The configuration of our platform allows easy access to products and services for all shipowners. navy online service strategy is in the right direction. Additionally, receiving a request for quotation (RFQ) every 15 minutes a day confirms that we are moving in tandem with the fluid market conditions. We are extremely satisfied with our results. Maritime transport being the backbone of world trade, navy online will continue to improve its user interface to provide quality service to shipowners.”

Available in desktop and app versions, Marine Online is a customer-centric platform offering maritime professionals a wide range of services. Developed for both shipowners and service providers, navy online aims to provide a simple, secure and efficient online procurement experience.

About Marine Online (Singapore) Pte Ltd

Marine Online is the world’s first integrated one-stop-shop platform specializing in marine services for the global market. Launched in 2019, it has provided various maritime services through its revolutionary AI- and Big Data-enabled platform to regional ship and cargo owners. With its portfolio of 8 major services – bunkering, chartering, crewing, port agency, ship supply, ship for sale, maritime and technical services, as well as features such as Shipping credit, Global Shipowners Alliance and the networks of authorized service providers open for registration on Marine Online are shaping the future of shipping by using cutting-edge technology to create business opportunities and connections. For more information visit marineonline.com

Contact:

marine online marketing
+65 9001 2168
[email protected]

THE SOURCE navy online (Singapore) Sdt. ltd.