'mjunction' collaborates with SHIPNEXT to boost business

Leading e-commerce player mjunction, Tuesday said it has entered into a strategic alliance with a Ukraine-based company. mjunction forged alliance with SHIPNEXT Trading Ltd, a digital automated marketplace and network shipping firm.

mjunction has been providing online ocean vessel chartering services for the past four years to enable its clients to transparently discover charter rates through competitive bidding, a statement said.

With this alliance, mjunction plans to fulfil the emerging needs of its clients such as vessel tracking, price benchmarking and cargo consolidation. They will also get direct access to SHIPNEXTs panel of ship owners and operators, it said. This alliance will help mjunction buyers and sellers have complete visibility of their marine supply chain such as the location of ship.