Asia Maritime Pacific streamline their voyage estimation using the ShipNetOne Commercial XE Solution

Asia Maritime Pacific streamline their voyage estimation processes using the ShipNetOne Commercial XE Solution

Who is Asia Maritime Pacific?

Asia Maritime Pacific is a privately-owned Hong Kong-based shipping company operating a fleet of Handysize and mini-MPP vessels. The company also have offices in Shanghai, Beijing, Tokyo, London, Douala, and Texas, and has a presence in Melbourne, Australia, through their association with Rhumb Maritime Pty Ltd.

The Challenge

Asia Maritime Pacific was looking for ways to streamline their Voyage Profit & Loss estimations. At the time, these were being conducted manually, taking up valuable time and resources.

With data analysis evolving within the Maritime sector, the management team at Asia Maritime Pacific was looking to increase the company’s outputs in researching previous voyage data, to increase efficiencies & profits for future voyages.

Asia Maritime Pacific began analyzing the market for a commercial solution that would help ensure a competitive position for the company in the Dry Bulk market.

The ShipNet Solution

ShipNet’s long-standing partnership with Asia Maritime Pacific began back in 2008 when Asia Maritime Pacific chose to utilize ShipNet’s Chartering & Operator solutions. The solutions consisted of the Voyage Estimator (SNICS), Manager & Accounts (SNAIR – Invoicing) to drive their commercial operations forward. Additionally, the Accounting Solution (SNACS) was implemented to handle the company’s financial processes.

More recently, in March 2019, Asia Maritime Pacific embarked on a solution upgrade. This upgrade saw the company utilize the current features and benefits of the (now known as) ShipNetOne Commercial XE & Finance XE Solutions.

The Result

Through continued use of the ShipNet Solutions, Asia Maritime Pacific have optimized their commercial and financial processes. This, in turn, has enhanced their ability to control and analyze their chartering, operations, voyage, and real-time financial data, and achieve revenue growth targets.

“ShipNet is like an innovative history book… enabling us to find our past, present, and provide guidance for our business for the future. The solution provides a complete business overview. Being able to see our P&L’s from previous years enables us to plan our voyages optimally for the future and ensure business growth.”

commented Lily Zhang Yuqing, Vessel Operator at Asia Maritime Pacific, adding

“The voyage manager solutions available within the ShipNetOne Commercial XE platform act as a working assistant, ensuring daily operations always run smoothly, while enabling us to track elements such as bunker procurement & time. These benefits, combined with comprehensive reporting and data analysis functionality, gives our management team a clear overview of how our fleet is performing, enabling them to make decisions to achieve revenue goals.”

Future Developments for Asia Maritime Pacific

Asia Maritime Pacific sees the partnership with ShipNet continuing to develop, with ShipNet playing an essential role in a prosperous shipping industry.

As ShipNet continues to develop innovative solutions tailored towards daily maritime operations, Asia Maritime Pacific will look to implement further ShipNet Solutions within their IT infrastructure. At the same time, Asia Maritime Pacific will continue to deepen their understanding of existing solution philosophies to improve business operational efficiencies through working closely with ShipNet.

For more information on how the ShipNet Solution can help your maritime business meet business objectives request a demo or download our brochure below today:

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