P&O NEDLLOYD BUYS STAKE IN MARINE FUEL DOT-COM
Anglo-Dutch container shipping line P&O Nedlloyd has signed a letter of intent to become an equity partner in OceanConnect.com, a global online marketplace for the purchase and sale of marine fuels, products and services.
Rutger Van Slobbe, director of fleet assets and procurement for P&O Nedlloyd, said that a global, on-line bunker market “will develop to supersede the current fragmented and opaque markets.”
P&O Nedlloyd intends to exclusively use OceanConnect.com when purchasing bunkers online.