Wednesday, 31 May 2017


Description of Software

SMM - Voyage Performance is the solution for providing performance analysis and tracking for your entire fleet, offering shore-side managers extensive insight into historical, present and even future performance. It delivers analytics to manage assets more efficiently and improve operational and strategic decision-making. SMM - Voyage Performance is easy to use and provides critical information when you need it. Whether you’ re monitoring in-progress or past voyages, SMM - Voyage Performance provides an integrated set of tools to help you manage your fleet to its full potential.

Benefits and Advantages

  • With the software in place, the user can then evaluate the SMM - Voyage Performance against Charter Party terms and provisions.
  • For the SMM - Voyage Performance module, the solver is based on the monitoring and reporting of basic parameters during the voyage, their comparison against reference values under actual conditions, charter party terms and warranty conditions.
  • Overall Voyage Assessment = Function {Fuel Consumption Calculation, Time Calculation, Charter Party Claims } .
The SMM - Voyage Performance assists by establishing systematic records for the evaluation of the SMM - Voyage Performance against Charter Party: fuel consumption calculation, time calculation, Charter Party claim and overall voyage assessment. Considering that in Charter Party (CP) agreements; speed and consumption warranties are incomplete or vaguely defined in engineering terms. Thus it has always been a challenge to determine whether ship performance is due to adverse external factors or due to a badly maintained engine system, giving rise to disputes between charterers and operators.

Friday, 19 May 2017


Being M.R.V. Ready
before the Deadline of 31st August 2017


As a first step towards cutting greenhouse gas emissions from maritime transport, the EU requires operators of ships exceeding 5,000 GT to monitor and report their carbon emissions and transport work on all voyages to, from and between E.U. ports.


All ships exceeding 5,000 GT regardless of their flag, port of registry or home port are concerned, except warships, naval auxiliaries, fish-catching or fish-processing ships, wooden ships of a primitive build, ships not propelled by mechanical means, and government ships used for non-commercial purposes.


In reference to M.R.V. Compliance, the most urgent part consists of Monitoring Plan with deadline on 31st August 2017.

At SMM with our long experience in Vessels’ Performance and having recognized the potential inconsistencies involved during emissions monitoring, we are your best alternative for preparing your Monitoring Plan.

Also, concerning Verification requirements, independent verification of Monitoring Plan can be provided by our accredited verifier.

More specifically the Reporting Scheme, kindly note that development of an M.R.V.-Specific Software for fully automatic generation of Emissions Reports in line with E.U. Commission requirements is underway based on the published templates.

Also, verification of Emission Reports can be likewise performed by our accredited verifier on a voyage and annual basis.


Also, please consider that our software will ensure harmonization of the daily reported ship consumption figures with the upcoming reported emitted amounts in line with the M.R.V. Scheme, given that data input will be derived from the daily vessel’s standard reporting.

Also, please note that this stand alone software could be combined besides the electronic reporting templates for seamless and consistent input of necessary variables/parameters, with the voyage performance which, amongst others, allows very accurate and transparent evaluation of the daily reported ship consumption and speed figures.

Wednesday, 10 May 2017


Description of Software

The electronic reporting templates (ie. noon reports, COSP, EOSP, Inbound, Inport, Outbound, Stoppage, etc.) ensure seamless input of necessary variables/parameters, providing simultaneously restrictions and guidance for correct and reasonable relevant values (ie. RPM, Speed, Position, Weather Data, etc.).

Benefits and Advantages

Gains are summarized as follows:

  • Ease of use.

  • Tailored to Company’s Reporting Policy.

  • Good Data Quality of reports.

  • Minimization of human errors to vessel’s reporting due to ship-specific limits and standardization of typing/wording.

  • Easy transmission of reported data for further processing as well as for assessment of Voyage Performance and compliance to new regulations (ie. MRV).

  • Simple generation of automatic email with all the required data for easy reporting to all the concerned parties.

  • Smooth and care free integration of the stored data to third party software products.

  • Consistent records of reported data that can be retrieved for any period.

  • Allowance of monitoring historic reported data with statistical analysis and KPIs integrations (ie. EEOI, Fuel Benchmarking).

  • Uniformity of reporting method.

Friday, 5 May 2017

Fuel requirements in Panama Canal waters reformed

Panama Canal Authority issued a Marine Advisory, reminding that vessels must complete the switch (changeover) from heavy fuel oil (residual fuel) to light fuel (distillate fuel) to their propulsion engines, auxiliary engines, boilers and other ancillary equipment, prior to arriving at Panama Canal waters, and also informing on the modifications of the requirement.

Thursday, 4 May 2017

EIB, ABN to promote greener shipping in EU

The European Investment Bank and Dutch bank ABN Amro will sign an agreement to support investments for greening the European shipping fleet. The framework guarantee agreement will ensure that promoters of sustainable projects in the maritime transport sector can benefit from favourable financial terms, as a result of the EIB’s AAA rating.
EIB informs that the facility is open for both retrofitting of existing shipping, as well as for projects that envisage the construction of new vessels with a green innovation aspect. It also applies to both inland shipping and seagoing operators.
EIB vice-president, Pim van Ballekom, said the Investment Plan for Europe enabled the creation of a new instrument that helps shipping companies to achieve compliance with the European sustainability standards.
EU Commissioner for Transport, Violeta Bulc, said: “Financing the transition to more sustainable transport systems and networks requires a commitment to invest. Today’s agreement demonstrates that the Investment Plan can play an important role in mobilising private finance to support this transition.”
This framework is the first with a financial institution in the Netherlands and is supported by the “Connecting Europe Facility”, while it was made possible by the ”EFSI” (European Fund for Strategic Investments), central pillar of the Juncker Commission’s Investment Plan for Europe. This is the second agreement under a EUR 750 million EFSI Green Shipping Guarantee Programme.
EIB explains that this sector risk bearing programme is meant for projects that will improve the environmental performance of transport vessels, in terms of diminishing the emission of pollutants, as well as increasing fuel efficiency. Projects should be proposed to the ABN Amro Bank and will be subject to their eligibility and risk acceptance criteria.