BW LNG secures e-procurement deal with Procureshipfor global LNG fleet

Procureship, provider of the world’s leading digital e-procurement platform, has signed a deal with Norwegian shipowner and operator BW LNG to bring its platform to support the group’s procurement capabilities for its fleet of LNG carriers.

The deal will enable BW LNG to leverage Procureship’s e-procurement platform, which extensively utilises automation and Machine Learning, to bolster is purchasing capabilities. This will allow the Norwegian shipowner to optimize procurement strategies, reduce costs, and improve overall operational efficiency.

BW LNG’s fleet of 34 vessels is set to directly benefit from Procureship’s technology during a time of increasing global demand for LNG and cleaner energy solutions.

Grigoris Lamprou,
Co-Founder and Chief Executive Officer of Procureship

“Procureship is proud to be supporting BW LNG by ensuring their vessels have the procurement capabilities they need to keep their vessels moving, reducing their time spent in port and enabling their team to make smarter and quicker decisions that can support their day-to-day operations.”

 

Stefan Dahlström,
Head of Procurement of BW LNG

“We are thrilled to partner with Procureship and leverage their cutting-edge e-procurement platform to enhance our procurement capabilities. This collaboration will enable us to make more data-driven decisions, reduce costs, and provide better value for our services. By adopting Procureship’s technology, we are confident that our fleet will benefit from improved efficiency and streamlined operations, allowing us to meet the growing demand for LNG and cleaner energy options globally.”

This partnership reflects the growing trend within the maritime industry towards digital transformation, as shipowners like BW LNG increasingly adopt advanced technologies to stay competitive in a rapidly evolving market. By joining Procureship’s platform, BW LNG will gain access to real-time analytics, and streamlined workflows empowering their procurement teams to respond swiftly to market changes and operational needs.

BW LNG is the latest major client to join the Procureship platform following clients like Angelicoussis Group, Oldendorf Carriers, Starbulk Group, Technomar, Zeaborn Ship Management and TB Marine Ship Management. With the Norwegian shipowner and operator joining the platform, Procureship now boasts more than 2,000 vessels from over 85 fleet owners and operators on the platform, making it one of the world’s fastest growing digital systems in the maritime sector.

About Procureship

Established in 2016, Procureship is an innovative e-procurement platform based in Athens, Greece, with regional offices in Denmark and Singapore. The company manages a network of trusted suppliers across all major ports and regions, connecting them to over 85 buyers representing over 2,000 globally trading merchant vessels.

Procureship makes purchasing critical components, supplies, and services for vessels easier faster and more streamlined. Its automated platform optimises the procurement process by eliminating unnecessary manual work and recommending suppliers through its unique machine learning algorithm and service providers marketplace. The platform also offers unique features including IHM maintenance, e-invoicing, tenders/contracts management, freight forwarding optimisation and upcoming vendor management. Procureship offers an unparalleled level of customer support with its team of dedicated account managers that offer daily support to all buyers and suppliers.

For more information visit https://procureship.com

About BW LNG

A Leading Player in LNG.

BW LNG creates floating solutions for LNG to support progress towards a low-carbon society.

The world urgently needs to move to a low carbon society. LNG is a part of the solution, and BW LNG creates floating solutions for LNG to support this development.

We are a global company with over 40 years of experience owning and operating LNG assets from offices around the world. After an expansion in the early 2000s which secured us a number of longer-term charters, we now own a fleet of over 30 LNG carriers and Floating Storage and Regasification Units.

We strive to be a true long-term partner for responsible growth, delivering a positive impact for our customers, our communities, our planet, and ourselves, beyond providing competitive solutions for our clients’ gas infrastructure and shipping needs.

Media Contacts

Procureship
Maria Oikonomopoulou
Marketing Specialist
T: +30 210 6101250-Int 1012
E: marketing@procureship.com

Navigate PR
Tom Scott
Head of PR (London)
T: +44 (0)2033268458
E: tscott@navigatepr.com
www.navigatepr.com