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SeaCard extended to online spot market.

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| December 01, 2006 | COPYRIGHT 2006 Financial Times Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

(From Lloyds List)

THE US Defense Energy Support Centre's SeaCard online bunker procurement system will be extended to an online spot market from the first quarter of next year, writes Neville Smith in Puerto Rico.

The centre awarded the contract to operate SeaCard last January and the system has been live since April, processing close to $100m worth of processed transactions.

Some 140 US Navy, Coast Guard and Sealift Command vessels are enrolled in the programme, which has the full support of the Department of Defense.

BP Marine has been appointed to develop the market and ...

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