BASS

BASS Adds New Customer in Singapore

BASS Adds New Customer in Singapore

BASS

OSLO, Norway, June 20, 2006 - BASS is pleased to announce a new contract with Tai Chong Cheang Steamship Co.(Singapore) Pte Ltd., (TCCS), a shipping company based in Singapore, which is also the "Ship Management Flagship of the TCC Group".

Under the terms of the agreement, BASS will implement BASSnetTM Planned Maintenance, BASS Accounting, BASSnetTM Procurement and SAFIR, a safety management system, throughout TCC's entire fleet of 19 vessels and offices on land. Work to implement all four integrated BASS modules is scheduled to be completed by 2006.

According to BASS regional manager Frank Liang, "The contract determined that the Asian shipping community is steadily adopting the Information Technology (IT) as part of daily operations. As shipping company's requirements and regulations continues to grow. more ship owners and ship managers realize that IT Solutions are the only tools to lessen their burden for the next expansion and enhancement to come. Altogether, by using the right tools to assist in ship management, one can easily maintain and monitor their fleet of vessels just like the TCC fleet."

According to Captain Vinay S. Patwardhan (General Manager) of TCCS, the decision to choose BASS came after an exhaustive review. "Our organisation has conducted evaluation of several systems during the past year and we were impressed by the seamless integration between the various modules of BASSnetTM Fleet Management Systems," he says.

"While the BASS solutions will help TCCS streamline its operations, the implementation process will be critical. As the applications may be helpful to assist in the daily ship management operations, it will take some time for system familiarization and mapping of internal procedures for TCCS's personnel" adds Liang.

"Once TCCS has the system up and running, we believe that efficiency and higher performance can be achieved throughout the fleet," says Captain Patwardhan. "All in all, we are confident that BASS solutions will enable TCCS to proactively and proficiently structure the work load, help manage crew and machinery risks and allow us to improve control over the operating budget."