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Sealogistics, Inc.

Media:Web
Type:Corporate Site
Features:
Interactive account maintenance
Online cargo bidding
Trigger notification system
Backend reporting of data
The Technology:
Domino Web Server
LotusScript
Javascript
DHTML
Tiered Security
Java
The Challenge
The Solution
The Benefits
About SeaLogistics, Inc.
SeaLogistics.com was formed as a neutral electronic exchange for the shipping industry.

SeaLogistics offered a broad range of content and services for the entire shipping industry and initially focused on on-line chartering for the shipment of crude oil and petroleum products.

"Due to the fragmentation of charterers, shipowners and sources of information, the current chartering process is inefficient, expensive and opaque," says Craig H. Stevenson, Jr.. president and CEO of OMI, and chairman and interim CEO of SeaLogistics. "By using e-commerce tools, SeaLogistics is creating an electronic marketplace to directly address these issues and benefit charterers and shipowners through:

Reduced total shipping costs and elimination of inefficient processes
More efficient cargo-vessel match through broader access to ship owners, information about cargo availability, and opportunity to actively bid on back-haul opportunities
Creation of a transparent and 'demystified' shipping market that will enable more effective trading
Access to a ship safety and environmental history
Creation of a liquid forwards market for petroleum shipping

SeaLogistics involved major charterers and shipowners to determine levels of participation. OMI has retained McKinsey & Company to act as strategic advisor in connection with the launch of SeaLogistics.


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