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Singapore ship brokering mobile application enhances global S&P scene

Local shipbroking company Sovereign Shipping Global (SSG) is leading the way in digital transformation by developing a mobile application for ship sales and purchase (S&P). Mr Wong Hong Lee, Managing Director of Sovereign Shipping Global said, “Small shipbroking firms have archaic and simplistic data mining methods. Shipbrokers typically sieve through hundreds of emails on a daily basis to collate information on available and transacted vessels from market reports, and then manually key the data into an excel worksheet for reference when meeting their clients. “The SSG app conveniently solves this issue for free. Vessel S&P information in the app’s database is verified from various sources before being made available for use and is continually being updated, so users can confidently rely on the data to make informed decisions at the convenience of a single click,” shared Mr Wong.

SSG is sharing the app globally on a complimentary basis with all involved in vessel S&P. As a shipbroking veteran of 15 years, Mr Wong said, “To attract and groom successful shipbrokers, we need to provide them with innovative tools for increased work productivity and effectiveness, so that they, in turn, can provide the necessary expertise to develop strong relationships with shipowners, shipyards, financiers and everyone concerned.” The SSG application is available in both iOS and Android versions, easily downloadable to mobile devices from iTunes or Google Play store via search keyword “Sovereign Shipping”. It allows registered users to:

• Search and filter past vessel sales transactions in the market of tankers, product carriers, bulkers, container ships, gas carriers, MPP (multipurpose vessels), ROPAX (rollon/roll-off passenger) and RoRo (Roll-on/roll-off) ships.

• Make vessel sale and purchase enquiries directly to Sovereign’s shipbrokers

Sovereign Shipping Global is exhibiting at the Asia Pacific Maritime 2018 at booth E-P06 located within the Singapore Pavilion at Level B2 of the Marina Bay Sands Expo & Convention Centre.

Sovereign Shipping Global Pte Ltd (SSG) is a Singapore-based shipbroking firm with in-depth expertise of the shipping industry. Besides predominantly acting as a vessel Sales and Purchase (SNP) intermediary between buyers and sellers of various types of ships, SSG also provides a comprehensive range of services. These include consultancy in newbuilding and vessel demolition projects, contract negotiations, liaising with naval architects, equipment vendors and sourcing of shipyards, amongst other services offered for the benefit of its clients in South East Asia. In 2017, SSG ventured into innovative technology by developing a mobile application platform for shipowners and financiers. This complimentary app “Sovereign Shipping Global” allows users to access historic ship sales data of conventional vessels to encourage productivity improvement.
Source: Sovereign Shipping Global Pte Ltd. (SSG)

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