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ShipServ makes online purchasing simple for ABCmaritime

News Release ShipServ (London Head Office) January 7, 2011
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<P><I><FONT size=2>Tanker owner and manager is second Swiss shipping company to
sign up to TradeNet </P></I></FONT><B><FONT size=2 face=Verdana,Verdana><FONT
size=2 face=Verdana,Verdana>
<P>London, UK, 5 January, 2011 &#8211; </B></FONT></FONT><FONT size=2
face=Verdana,Verdana><FONT size=2 face=Verdana,Verdana>ShipServ, the leading
marine and offshore e-marketplace, today announced the signing of ABCmaritime to
its marine and offshore e-marketplace, ShipServ TradeNet. </P>
<P>Headquartered in Nyon, just outside Geneva, ABCmaritime is the second Swiss
shipping company to sign up to ShipServ, which is increasing its marketing
presence among European shipowners and managers. </P>
<P>ABC will use TradeNet to source spares and </P>
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<P><FONT size=2>supplies for its fleet of chemical, oil and bitumen tankers and
offshore vessels. The company manages around 30 vessels with part of the fleet
owned by the ABC Group and part under management for third party owners. </P>
<P>"We are delighted to welcome ABCmaritime to the ShipServ community,"
commented Paul Ostergaard, Founder and CEO, ShipServ. "Switzerland is home to an
important shipping and trading cluster and ABCmaritime is a great example of a
quality operator with a focus of on innovative operations. We look forward to
helping them become a fully fledged member of ShipServ and find opportunities to
create value." </P>
<P>"ABCmaritime operates in specialised niches but with a global scope," said
Daniel Wolf, CEO of ABCmaritime Group. "We like to work with partners like
ShipServ who understand our business and have a track record of delivery to high
standards. We foresee considerable potential for our fleet and management
operations from this partnership with ShipServ." </P>
<P>ABCmaritime vessels are equipped with the BASSnet purchasing software which
is directly integrated to TradeNet. Using the BASS system, the ABC vessels can
connect to the ShipServ Pages supplier directory, raise requests for quotations
and place orders via TradeNet in co-ordination with shoreside offices. </P>
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