A testament to our purpose of ‘Empowering organizations to achieve their full potential by integrating people and information’ ShipNet are exploring options with our partners AutomationEdge and their Artifical Intelligence (AI) & RPA (Robotic Process Automation) Solution. While it's early days, we wanted to give you some background on the work we are exploring together - Watch this space! Continue Reading
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.
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.
On the 10th of April 2017, OCIMF (The Oil Companies International Marine Forum) released TMSA 3, the latest edition of the Tanker Management and Self-Assessment (TMSA) programme providing Tanker companies with a means to improve and measure their safety management systems. TMSA 3 revised and updated all twelve of the existing elements from the previous two editions and introduced a thirteenth – ‘Maritime Security.’ Continue Reading
The shipping industry is experiencing changing business environments through ever-evolving strategic levers, ecosystems, compliance agreements and market conditions which are driving increased pressure on business users to analyze more data and sharpen insights toward their business objectives. Continue Reading
We have proven to be successful in the ERP solutions’ market and have a tremendous client base who have been with us and trusted us for all of those years as their software provider. However, we as a company are aware that times are changing and that services expectations and thus offerings are too. Therefore, we want to provide hosting as an offering to our client base. Continue Reading