May 26, 2021

Singapore ship operators choose SeaProc for procurement

POSH
PacificCarriersLimited
DigitalProcurement
DigitalTransactionModel
2 min
PACC Offshore Service Holdings (POSH) and Pacific Carriers Limited (PCL) have chosen SeaProc for their procurement activities across 170 vessels.

Two Singapore-based shipping operators, PACC Offshore Service Holdings (POSH) and Pacific Carriers Limited (PLC) have announced that they have chosen iMarine software, also known as SeaProc, to digitally process their procurement activities. Part of the Kuok Singapore Limited (KSL) Maritime Group of companies, POSH and PCL operate a fleet of 170 vessels including tankers, bulkers, and offshore support vessels. The two companies claim that all of these ships will receive the SeaProc software to manage their procurement. 

Peder Arstorp, Chief Commercial Officer, iMarine Software said: “We are pleased to announce that POSH and PCL have entered into an agreement with iMarine Software to provide e-Procurement services to its extensive global fleet holdings. It is part of a major overhaul of its marine IT infrastructure and follows a lengthy evaluation process. We are honoured to participate in these critical services and appreciate the trust bestowed by the Kuok Group and its subsidiaries”. The service aims to be fully integrated with the ABS NS Enterprise system, a partner of iMarine software, and a leading system in fleet management software. 

Transitioning to a purely digital transaction model

POSH and PCL say that the decision to use iMarine software for monitoring and processing the procurement activities of their vessels is part of a company transition plan to produce a “purely digital transaction model” for all shipping operations. The AWS-based platform aims to automate all standard procurement transactions and include electronic invoicing to allow for a “source-to-settle process” across the entire 170-vessel fleet. 

Tan Kian Chai, General Manager, Fleet Management of PACC Ship Management, added: “We surveyed the entire maritime e-Commerce solution offerings in the market, and we have selected the best solution for our needs”. 

Commenting on the company’s journey towards sustainability, Danny Chong, Head, Centers of Excellence, POSH, said: “Digitisation and innovation are key strategic pillars for POSH as we continue to accelerate our transition towards becoming a sustainable solutions provider for our industry,” said. “Being able to capture and analyse the sheer amount of data we work with daily on a single platform will enable us to be a leaner, more efficient outfit so that we can focus more on delivering what our clients need faster and better”.

 

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