Understanding the Basics of Demurrage
In this first post of a series about Demurrage, we’ll cover the basics of demurrage and laytime, the relationship between charter parties and demurrage claims, and how statement of facts can be detrimental to the demurrage negotiation process. Demurrage represents a significant cost in most bulk shipping operations. Defined as a charge that is levied […]
Voyager Commodities & Freight Market Insights Chemicals – Sulphur, Sulphuric Acid, and Caustic Soda
Bulk marine logistics and commodities trading are fundamentally connected. Arbitrage opportunities that arise from markets and supply chain imbalances directly impact freight rates. Reliance on the world’s shipping routes isn’t at the forefront of our minds until we experience an event that completely disrupts the global supply chain. With roughly 90% of worldwide trade being […]
Episode 3: How do you know what processes within your company would be better managed using a workflow application?
In our multi-episode series, Voyager CEO Mathew Costello discusses workflows, technology & where the 2 intersect with the maritime industry. Today’s episode discusses how to think about whether your process is better managed using a workflow application like Voyager. Workflow Decision Table You can use the table below as a guide as to whether or […]
Episode 2: More than just productivity gains. Multi-party workflows can act as your data funnel
In our multi-episode series, Voyager CEO Mathew Costello discusses workflows, technology & where the 2 intersect with the maritime industry. Today’s episode discusses how to streamline communication while organizing and structuring data across your organization . The Struggle With Automation It is extremely hard to automate a process from your inbox and it is even […]
Episode 1: Multi-party workflows and why they should be a critical part for your company’s digital roadmap
In our multi-episode series, Voyager CEO Mathew Costello discusses workflows, technology & where the 2 intersect with the maritime industry. Today’s episode covers complexity with multi-party workflows and how technology can be part of the solution. In daily commercial marine operations, 99% of a team’s work requires executing workflows to get a job done. Whether […]