Somali Marine Trade (SMT)

Global Trade

Somali marine supply, connected to global markets

SMT is a structured B2B trade platform. It gives international buyers and Somali suppliers a single, transparent place to discover each other, agree terms, and move a transaction from enquiry through to delivered goods.

Verified counterparties

Every buyer and supplier is a reviewed business account before it can transact, reducing counterparty risk on both sides of a trade.

Structured RFQ → quotation

Buyers issue detailed requests for quotation; matched suppliers respond with pricing, lead time, and commercial terms, all recorded on the platform.

Contracts & orders

Accepted quotations flow into contracts and orders with agreed products, quantities, pricing, Incoterms, and payment and delivery terms.

Documented shipments

Orders link to shipments with carrier, container reference, milestones, and shipping documents from preparation through delivery.

Incoterms supported

Quotations, contracts, and invoices capture the agreed Incoterms so responsibilities and costs are explicit for both parties. Commonly used terms on the platform include:

EXWFOBCFRCIFCPTCIPDAPDDP