CheMatch and laycan ASA Form a Strategic Alliance

24-Apr-2001
CheMatch.com and laycan ASA announced today that they have formed a strategic alliance. The services of CheMatch.com, a leading internet-based marketplace and information resource for buying and selling bulk commodity chemicals, plastics, feedstocks and fuel products will be supplemented with the services of laycan ASA, a pioneering online ship-brokering company, backed by in depth domain expertise in the chemical, gas and tanker markets. laycan ASA will provide chartering and fixture information to the CheMatch site via a fully integrated service branded “CheMatch Freight Matrik”, and offer CheMatch users instant access to laycan’s online chartering application. These services will provide CheMatch users with invaluable information, including rate estimates and speedy market access for securing short and deep-sea transportation of cargoes. “With laycan’s information and chartering systems, CheMatch traders are offered instant, secure and easy access to the chemical, gas and tanker shipping markets. We also believe the tools and fixture information to be provided by laycan will be useful for traders on the CheMatch site for determining cif and fob commodity prices” said Tor A. Svelland, CEO of laycan ASA. “Freight cost and availability can be the deciding factor in a transaction.” said Carl McCutcheon, CheMatch.com’s Chairman and CEO. “CheMatch Freight Matrik” allows those involved in ship chartering to offer their services and expertise to the trading participants on CheMatch. We are excited about our alliance with laycan and their participation as the inaugural member of this service.”

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