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Victory Petroleum Pte Ltd joins Marine Online’s Global Shipowner Alliance

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Victory Petroleum

Victory Petroleum Pte Ltd joins Marine Online's Global Shipowner Alliance

Victory Petroleum Pte Ltd has officially signed up as a Global Shipowner Alliance (GSA) member on 30th March 2020 on the Marine Online Platform.

Founded in 1986, Victory Petroleum Pte Ltd started out with one small tanker. Today, it operates a fleet of six tankers. Since the 1st of July 2019, the company has implemented the Mass Flow Metering system on all tankers to improve operational efficiency, transparency and productivity in the bunkering process.  

Through this strategic alliance, Marine Online will be able to help them achieve higher efficiency as they utilize the platform and reduce operational costs. In addition, they can immediately use Marine Credit facility – the industry’s first instant credit system with a self-activation function. Shipowners can use Marine Credit for payments at 700 ports, over 40,000 ship supplies, spare parts, and other services.

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.

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