BPMarine, FAMM LLC, and Shell Marine Products Sign Agreement to Develop E-commerce Site for Sale of Marine Fuels; Issued Jointly by BPMarine, FAMM LLC, and Shell Marine Products.Business Editors WHITE PLAINS, N.Y.--(BUSINESS WIRE)--Jan, 20, 2000 BPMarine, Fuel and Marine Marketing LLC (Logical Link Control) See "LANs" under data link protocol. LLC - Logical Link Control (FAMM FAMM Families Against Mandatory Minimums foundation FAMM Full Array Memory Mirroring ), and Shell Marine Products today announced that they have signed an agreement to develop a marine industry-backed portal on the Internet Internet Publicly accessible computer network connecting many smaller networks from around the world. It grew out of a U.S. Defense Department program called ARPANET (Advanced Research Projects Agency Network), established in 1969 with connections between computers at the that will feature an auction site and e-mail-enabled transactions for the purchase and sale of marine fuels. Called OceanConnect.com, the site will be an independent marketplace for all buyers and sellers of marine fuels and services. Tom Reilly Tom Reilly may refer to:
v. gov·erned, gov·ern·ing, gov·erns v.tr. 1. To make and administer the public policy and affairs of; exercise sovereign authority in. 2. by several companies is an effective means of ensuring an open, unbiased venue for the exchange of products and information. We believe an opportunity now exists in the marine fuels marketplace to replicate rep·li·cate v. 1. To duplicate, copy, reproduce, or repeat. 2. To reproduce or make an exact copy or copies of genetic material, a cell, or an organism. n. A repetition of an experiment or a procedure. the commercial success of other, similar websites through OceanConnect.com.&uot; The site is scheduled to become operational during the second quarter of 2000. It is anticipated that it will facilitate more efficient transactions for buyers and sellers of marine fuels and services, which in turn should lead to cost savings for shipping customers purchasing fuel and for suppliers selling product through the site. It will also provide users with up-to-the-minute market information, weather updates and other services ship owners rely on to run their businesses successfully. &uot;This e-commerce capability will enhance, not replace, the quality of direct contact between buyers and sellers,&uot; said Reilly. &uot;Customer/supplier relationships will not only be strengthened by faster information exchange, but also through the choice of a wide range of suppliers that will be immediately available to customers,&uot; he added. To ensure OceanConnect.com evolves into a truly independent venture, additional partners from the marine industry and the information technology sector will be encouraged to participate in the venture through ownership and on-going development work. NOTES TO EDITORS: BP Marine is a wholly owned subsidiary Wholly Owned Subsidiary A subsidiary whose parent company owns 100% of its common stock. Notes: In other words, the parent company owns the company outright and there are no minority owners. of BP Amoco Plc. Fuel and Marine Marketing LLC is a joint venture between Texaco and Chevron in the marine fuels and lubricants lubricants preparations for the lubrication of passages to reduce frictional injury, e.g. oily preparations, including petroleum jelly, lanolin or water-soluble preparations such as methyl cellulose. businesses. Shell Marine Product Ltd. is a wholly owned subsidiary of the Royal Dutch/Shell Group of Companies. For more information about OceanConnect.com, visit the website at www.OceanConnect.com or e-mail the development team at info@OceanConnect.com. |
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