Triple Point’s Softmar Chartering and VesselOps
Triple Point’s flagship solution for chartering and vessel operations provides the leading software for owners, operators, and charterers to manage commercial chartering and vessel operations.
Chartering and VesselOps efficiently handles all chartering, post-fixture activities, and financial aspects of commercial vessel operations. The next generation shipping solution provides a global view of vessel movements, availability of market cargos, and existing cargo commitments. Chartering and VesselOps enables the commercial maritime community to make more informed and proactive decisions, streamline day-to-day operations, and protect profits.
The solution increases profitability with better planning and chartering decisions; increased operator productivity and higher fleet utilization; and automated invoicing and streamlined processes between chartering, operations, and accounting.
Chartering and VesselOps manages all key areas of commercial vessel operations:
-Chartering Solutions — Provides the most comprehensive system to manage the pre-fixture activities of a commercial operation including voyage estimating, cargo management and vessel management.
-Vessel Operations — Enables operators to keep track of day-to-day operation, arrival, departure, loading, discharging, bunkering and disbursement accounting. Voyage results are updated in real time as new information is entered.
-Freight Risk Management — Analyzes position including Vessels, Freight Forward Agreements (FFAs), Contract of Affreightments (COAs), cargo bookings, cargo relets, and options. The advanced solution graphically displays a consolidated view of total physical and paper freight risk exposure, mark-to-market analysis and long / short position. Additionally, the solution provides a monthly breakdown of total days and value exposure, coupled with yearly and grand totals for the entire exposure period selected. The system also manages bunker exposure by combining the exposure from physical contracts and bunker swaps.
Chartering and VesselOps and Freight Risk Management are available as standalone solutions or integrated with trading and risk.