OCEAN CARRIERS

A BETTER ROUTE TO MARINE SHIPPING OPERATIONS

From optimizing global shipping and supply lanes, managing fleets and the myraid variables that enable global transportation, EXL offers a host of solutions for the marine cargo and shipping industry. With a roster of industry experts including ship captains and naval officers, EXL can help clients navigate the complexity of global trade across and between emerging and developed markets.

Through operations management and analytics EXL helps clients cut the complexity and improve results.

MARINE OPERATIONS MANAGEMENT

  • Post fixtures/pre-voyage planning
  • Fuel supply calculation and procurement
  • Appointment of port agents and surveyors
  • Procurement routing and communication
  • Stowage plan for optimum cargo intake and bunkers
  • Sea passage performance monitoring
  • Bill of lading validation
  • Discharge sequencing
  • Claims and damages, including bunker shortage, “off hire”, stevedore damages & cargo claims
  • Voyage finalization
  • Inventory management
  • Tide analysis and cargo maximization
  • Vessel performance analysis, including weather impacts and claim performance
  • Variance analysis and reporting
  • Customer master data management and customer support
  • Payment advances
  • Claims administration

ANALYTICS

  • Strategic customer identification
  • Customer rating
  • Credit risk analytics
  • Benchmarking and freight rate statistics
  • Daily updates on flow of vessel fixation

FINANCE & ACCOUNTING

  • Accounts payable including:
    • Bunker invoice
    • Chemical cleaning
    • Weather routing
    • Marine communication
    • Condition survey
    • Physical fixing
    • Paper trade
    • Paper settlements (FFA payments)
    • Global port disbursement account
    • Bunker quantity survey
    • Inspectorate invoice
    • INFRAMAR tax
    • Bunker detective survey
    • Margin call
    • Option premium
  • Accounts receivable including booking of freight and hire invoices
  • Port and other disbursements including payment settlements with global port agents and other vendors
  • Bank reconciliations
  • Bunker reconciliations
  • Inter-company reconciliations
  • Cash management and FOREX allocation
  • Credit and collections
  • Demurrage calculations
  • Lay-time calculations

DOCUMENT & DATA MANAGEMENT

  • Document digitations
  • Contract arte management
  • Digital vessel filing
  • Book wire and fixtures filing
  • Shipment data collection
  • Bill of lading analysis
  • Broker reports and port line up for tanker movement

65%

REDUCTION IN CYCLE TIME IN PORT DISBURSEMENT ACCOUNTS

33%

FASTER VOYAGE FINALIZATION PERIOD

100%

PAPERLESS PAYMENT APPROVALS

WHITE PAPER

The Myth of Managing Bottom Performers in Transportation Operations.

DOWNLOAD

CASE STUDIES

Transport analytics

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READY TO LOOK DEEPER?
CONTACT OUR TRANSPORTATION & LOGISTICS LEADERSHIP TEAM.

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280 Park Avenue, 38th Floor
New York, NY 10017

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