Marine Credit is a single credit facility from Marine Online and have access to global suppliers
1 Subjected to approval, terms and condition applies
Apply for Marine Credit from Marine Online Platform
Marine Credit as payment method
Place order using Marine Credit as payment method
Paid with Marine Credit
Top-up cash to repay the marine Credit used within credit terms
Redeem Marine Credit to cash upon credit due date, or apply to get advance payment2 by financing service
2 Subject to approval, terms and condition applies.
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.
To activate Marine Credit, you only need to submit the required documents stated below:
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 My Marine Credit 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 absolutely free 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.
You may do so by submitting further required documents to justify a higher Marine Credit to be granted to you.
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 3rd party insurance company, so your payment is 100% secured by both Marine Online and 3rd 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.
Click here for more information on the service fee schedule.
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. Contact us for more information.