Fast Energy joins Marine Online's Authorized Service Provider

Fast Energy has officially become an Authorized Service Provider (ASP) member on the Marine Online Platform.

Fast Energy, formerly known as Techfast holdings is an upcoming bunker supplier in Malaysia. Since the beginning of 2021, Fast Energy has been actively laying down the foundation for the continued growth of its new business to supply marine fuel oils. So far, Fast Energy has successfully secured several contracts to deliver a range of marine fuel oils to prominent customers in various industries and acquire 35% stake of CKK Petroleum.

Through this strategic alliance, Marine Online will  be able to help Fast Energy achieve wider clientele coverage with exclusive orders from over  400 shipowners. In addition, Service providers will  be paid directly by Marine Online, thus avoiding  counter parties risk and situation of payment default.

Marine Online is a one-stop integrated maritime platform that introduces eCommerce model in to the traditional maritime industry, combining the 8 major maritime services, to bring convenience for shipowners and improve efficiency. Marine Online integrates digital technology, big data, and artificial intelligence into the traditional shipping industry to streamline services, which in turn lead to cost savings for shipowners. With the transaction data gathered from Marine Online’s platform, the company is able to develop an efficient supply chain and credit rating system. This platform aids global shipowners in resolving cash flow issues and positively drives digital adaptation in the maritime industry.