Achieving TMSA 3 Compliance with ShipNet – Part 4

Achieving TMSA 3 Compliance with ShipNet – Part 4

In this third installment, we review the 7th, 8th, and 9th elements of TMSA 3 and how can ShipNet assist with them. The elements being: Management of change, Incident reporting, investigation, and analysis, Safety management Continue Reading

Achieving TMSA 3 Compliance with ShipNet – Part 3

TMSA 3 compliance part 3

In this third installment, we review the 7th, 8th, and 9th elements of TMSA 3 and how can ShipNet assist with them. The elements being: Management of change, Incident reporting, investigation, and analysis, Safety management Continue Reading

Achieving TMSA 3 Compliance with ShipNet – Part 2

achieving TMSA 3 compliance with ShipNet - Part 2

In the first part of this series of TMSA 3 articles, we took a closer look at how ShipNet can assist tanker companies with implementing TMSA 3 compliance. We reviewed the first three key elements consisting of Leadership and the safety management system, recruitment and management of shore-based personnel, and recruitment, management, and wellbeing of vessel personnel, and how exactly ShipNet can help to ensure compliance with these elements. In this next article, we review the following three elements from the thirteen key elements of TMSA 3, which are: Vessel reliability and maintenance including critical equipment, Navigational safety, Cargo, ballast, tank cleaning, bunkering, mooring, and anchoring operations. So, let’s get started. Continue Reading

Achieving TMSA 3 Compliance with ShipNet – Part 1

ShipNet discusses TMSA3 elements: Leadership & the safety management system, recruitment & management of shore-based personnel and wellbeing of vessel personnel

Here at ShipNet, we have made it easier for tanker companies to meet compliance standards laid out in TMSA 3 through the deployment of our planned maintenance module from our Technical XE application. Through a series of four articles, we intend to discuss each of the 13 key elements of TMSA 3 and show how ShipNet can help support tanker companies with each element starting with Leadership and the safety management system, recruitment and management of shore-based personnel, recruitment, management, and wellbeing of vessel personnel Continue Reading

Make Real-Time Business Decisions while Increasing Operational Efficiencies with Banking Integration

Banking Integration Module from ShipNet

For many of our customers within the Maritime Industry who utilize our Finance XE application, being able to process and execute payments is a critical function, particularly for Shipping Technical Managers due to the high volume of accounts payable.A current challenge faced within the industry is when payments are processed manually or are duplicated to ensure data is consistent. This challenge increases the amount of time and resources required for the process, decreasing overall operational efficiencies. More importantly, this challenge increases the probability of risk and fraud, while making it increasingly difficult for businesses to comply with internal policies and external regulations that are set by the banks individually.
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The benefits of Trade Management Software for the Shipping Industry

Shipping can be a risky and volatile industry, and market rates are declining or increasing in a short period. Projection can, therefore, be very tough in the short-term and mere impossible in the long-term. Managing your risk and potential exposure in this day and age of shipping has never been so important and through the use of ShipNet Trade Manager, fully integrated to other ShipNet Solutions and the Baltic Index you can manage your exposure through FFA, your CoA as well as your Time Charter fixtures.
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