HONG KONG's Anglo-Eastern and London based V.Ships, both shipmanagers, will consolidate purchasing activities worth US$1 billion through MARCAS, Marine Contracting Association, to support cost-cutting in challenging markets.
MARCAS, a well-established association founded in 1999, has a membership of owners and managers responsible for operating 1,200 ships. Anglo-Eastern and V.Ships will be contracting for some 1,700 vessels.
MARCAS negotiates and signs contracts with suppliers worldwide as agent on behalf of members all of whom retain management and control of their purchasing, logistics and invoicing.
As members of MARCAS deal direct with their suppliers, benefiting from the global frame contracts arranged by MARCAS, there will be no employee changes within the Anglo-Eastern or V.Ships.
Said Anglo-Eastern CEO Peter Cremers: "We have a duty to our clients to explore any partnerships which can deliver savings; these are paramount for our owners in these very tough markets".
V.Ships involvement with MARCAS over the past 15 years has allowed the aggregation of purchase volumes to obtain maximum value goods and services.
Anglo-Eastern's Ivan Blazina of group's purchasing department said additional advantages are confirmed by existing and new suppliers of "higher volumes leading to lower prices for owners and a more secure environment for suppliers".
All owners and managers who are members of MARCAS continue to operate their separate organisations, pursuing their own strategic development and promoting their competitive advantage.
WORLD SHIPPING
08 June 2014 - 21:53
Hong Kong's Anglo-Eastern ties up with V.Ships for joint purchases
HONG KONG's Anglo-Eastern and London based V.Ships, both shipmanagers, will consolidate purchasing activities worth US$1 billion through MARCAS, Marine Contracting Association, to support cost-cutting in challenging markets.
WORLD SHIPPING
08 June 2014 - 21:53
Hong Kong's Anglo-Eastern ties up with V.Ships for joint purchases
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