SMM VOYAGE PERFORMANCE

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.