The continuous flow of information makes treatment and evaluation of the collected data necessary for judgment of the current situation and trends in the freight markets. Working in the chartering department therefore includes many hours of reading emails, doing voyage calculations, comparing the TCE for different vessels vs. the market trends and giving out offers via email.
Voyage calculations and a risk management system are important decision-making tools for people working in maritime chartering. So even though real-time data, machine learning, algorithms, and deep learning will dominate the years ahead, voyage calculations will continue to be the backbone for commercial decisions and investments.
By using Maritime Optima's «Pre-calc & Compare», you will save a lot of time each day that you can spend on other value-creating work.
Instead of spending hours on manually adding and punching, and doing voyage calculations one by one, you can calculate the TCE and carbon emission for a group of cargoes and vessels, and compare their TCE and carbon emissions on different alternative voyages and filter the TCEs results in seconds.
You can run voyage pre-calculations from many places in Maritime Optima:
In Maritime Optima you can do voyage pre-calculations for dry cargo vessels, tankers and LPG. We will continue developing the pre-calculations based on feedback from our users, so later you can also do voyage calculations for chemical vessels and LNG and we will offer different type of voyage calculations. From your workspace you can do voyage calculations for your teams fleet.
Set up your fleet of vessels and assign the commercial responsibility to your colleagues so each of you quickly can do voyage pre-calculations on a group of vessels and compare the TCE results for vessels in a position to lift the cargo. Each colleague will get a list of vessels under their responsibility.
Then the different voyage options combinations are calculated in the background while you are adding cargoes (and /or vessels) and the TCE, carbon emissions and days performing the voyage and when and where the vessel will be open, are automatically calculated and listed.
Benchmark your vessels with external vessels
Some vessels might give a better TCE if they carry grain while others are better with coal. Set up a portfolio of the cargoes (maybe your COAs) your fleet mostly carry and compare their TCE and also get their carbon emissions listed. Add the external vessels you want to benchmark vs your vessels.
Instead of spending a lot of time adding and punching and doing voyage calculations one by one, you can calculate the TCE for a group of vessels and/or cargoes in seconds and they are stored in your cargo library and workspace.
Select the grade of bunkers you prefer and the emissions will be shown in your voyage calculations. We will auto calculate the carbon emissions for each voyage calculation and you can can decide how you want to optimise your earnings and minimize the carbon emissions.
Add the cargo details of any cargo. The cargo will be added to your cargo library for later reference. On each cargo quote /card you add as many port combination as you like and all voyage calculations will be done in a couple of minutes. Contact us if you want to auto parse these cargoes into your cargo library.
Choose which segment you are in; dry-cargo, tankers, LPG or LNG. Create a workspace and name it as you like. For example: “Cargill 70 000 mt ex USG” , or “Open positions week 42 in Atlantic” etc. Now you can access the voyage calculations you have done, and add new cargoes to your workspace if new cargoes come in the market.
The TCE, the cargo emissions and days needed to perform the voyage for different vessels will be listed so you quickly can compare vessels and cargoes, sort and filter. Click on any of the voyage calculations and find how we have calculated the voyage.
If the vessels you add are missing some information or if your vessels are too late for the laycan dates or they can't load the minimum cargo, you get a warning.
If you are happy with the voyage calculations you can give an indication or an offer by selecting "Create offer" and access a pre-filled email opened directly from the voyage calculation card, with the cargo details and the freight rate you plan to offer. You can quickly adjust it and send it to your broker. A team user log will show all the team's activity.
Instead of spending hours on manually adding and punching, and doing voyage calculations one by one, you can calculate the TCE and carbon emission for a group of cargoes and vessels, and compare their TCE on different alternative voyages and filter the TCEs results in seconds.
By using the Smart voyage pre-calculations, you will save hours each day running voyage pre-calculations and sending offers and have more time to explore, study and understand the underlying drivers for change and the risk involved.
In Maritime Optima you can do voyage pre-calculations for dry cargo vessels, tankers and LPG. We will continue developing the pre-calculations based on feedback from our users, so later you can also do voyage calculations for chemical vessels and LNG and we will offer different type of voyage calculations.
Create a free user account today and start using My team fleet and the smart voyage calculations.
Our goal is to develop a modern, user-friendly maritime chartering software, and we think the best approach is to work together with the users. By using Maritime Optima, you will save many hours every day for reading e-voyage mails, calculations and writing emails with your offers. You will have more time available for market intelligence, strategy discussions, building sustainable business relationships, and exploring new value chains.
Therefore we have made it easy for you to get started with Maritime Optima. Register a free user account today and get started.