Orient Shipyard has two yards in Busan and Gwangyang which this year will launch 5,598,000 DWT tonnes of shipping between them. The yards specialise in building bulk carriers and LNG vessels for German, Japanese and Korean owners.
"From the moment we deliver a ship to a customer, they will know that all the parts in their ship can be ordered electronically," said Gideon Lee, managing director of Orient Shipyard.
ShipServ also reports that this year has also seen a number of new shipping companies signing up to join the electronic purchasing network, including ASP Procurement Services, Dampskibsselskabet TORM, RKOffshore Management, Sealion Shipping, SMT Ship Management & Transport, and Tidewater Marine.
This adds a further 372 ships to the total of nearly 3,000 trading across the platform, and brings the number of buyers close to 100.