Credit Line Up to 5 Million
Payment Terms Up to 60 days
Repayment within 30 days with 0% interest
All shipowners and ship management companies who registered and verified on our Marine Online Platform are eligible to apply for Marine Credit subject to approval.
Marine Online will notify you of your approved Marine Credit within 3 working days from your application.
Login Marine Online, go to user center, find on the side menu, all your Marine Credit will store here as well as the balance information.
The number of Marine Credit you could be granted is subject to approval based on the required documents you provided.
It’s to apply for Marine Credit. Besides, we will not charge any credit fee if you replenish the Marine Credit used within the credit term provided always that late repayment would invite late payment penalty (0.05% per day).
You may top-up or replenish your Marine Credit by way of T/T transfer to your online account designated by Marine Online which can be found in your user centre.
Supplier will have to accept Marine Credit as payment method.
Not only will you enjoy an increase in the number of orders, by choosing Marine Credit as a preferred mode of payment, your services and goods shall be supplied with a guaranteed payment.
All Marine Credit you received in your online account could be redeemed to cash when credit term is due. The redeemed cash shall be paid directly from (i) the relevant shipowner; (ii) in the event the said shipowner were to default on the payment, Marine Online shall make the said payment to you without delay
Guaranteed payment by Marine Online is made based on the synergy and support of reputable 3 party insurance company, so your payment is 100% secured by both Marine Online and 3 party insurance company.
Upon credit due date, you will be able to redeem cash using your Marine Credit in the account management and withdraw to your designated bank account directly.
Choosing Marine Credit as your preferred payment mode will not incur any cost from you. The orders you collected from the Marine Online Platform will be subject to a nominal service fee despite the payment method.
Yes. You may choose not to prefer Marine Credit as the mode of payment. You are encouraged to accept Marine Credit as the preferred mode of payment as this will exponentially increase your sales which comes with a 100% guaranteed payment as 90% of the shipowners prefer to pay with Marine Credit.
Advance Payment is a financing service provided by Marine Online and partners. This service will enable you to collect instant cash from Marine Online immediately upon delivery. Up to 100% of the order value will be remitted into your online cash account instantly after deduction of financing interest. for more information.
In 2019, Marine Online developed over 5,000 suppliers, covering 700 global ports with essential marine services globally. These services include ship supplies, bunkering, port agency, crewing, ship insurance and shipboard services leading to over 10,000 product/service listings. According to our internal data, services like ship supplies or marine services are 10% lower in comparison, which we hope to achieve for the rest of the services.