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Benefits of Maritime Software in the Shipping Industry

  In today’s world, shipping plays an important role in the economy, with over 90% of the world’s trade carried by sea. To enhance the safety as well as the efficiency of   maritime transport , protect the sea and the marine environment, it is inevitable to have modern amenities that support communication.  The use of digital technologies helps with collecting, storing, processing, presenting, and distributing data to the participants in the maritime industry. Effective communication between various entities of any industry keeps the flow of knowledge intact, hence the information exchange in the maritime industry proves to be equally important.    How is maritime software important?   It offers better trade A good software system will aid in improving the scope of global trade. The cargo information about ships leaving from various ports, connecting ships’ schedules can all be communicated and improve trade.    Looks out for the safety of ships A...

Marine E-Procurement Platforms

  Developments in technology, connectivity, and the digital transformation of the shipping industry have made progress with factors like weather routing software, fuel-efficiency management, futuristic monitoring systems, and   procurement solutions . A proven way for ship operators to facilitate, enhance, and optimise trade in improving operations now has a solution- this goes by the name of eProcurement platforms.    This two-decade-old platform has a multitude of advantages over traditional procurement methods. An efficient attainment and supply chain management depends on the working efficiency of information technology tools that make it possible for handling big data volume and analysing it functionally to gain the best results from using the company’s assets. Digitisation has made its way into the maritime field, also proving that it is a fundamental tool to increase procurement efficiency. Intelligent optimisation will aid in the planning of a company’s strat...

Tanker Management and Self Assessment (TMSA) – An Overview

What is Tanker Management and Self Assessment?  Meeting the high standards and best practices of safety is a prerequisite in the   shipping industry . The Tanker Management and Self Assessment (TMSA) program lends shipping companies a method to ameliorate and calibrate   safety management systems   (SMS) that they use.  This can be done by hand holding ship management systems’ improvement plans. The process involves a thorough assessment of the safety management systems measured up against listed   Key Performance Indicators (KPIs) . The results to the KPIs range from level 1 representing a minimum expectation increasing to three levels suggestive of best practices. Shipping companies must review the results of their self assessment on a regular basis against the KPIs to spearhead targets for improvement.  This program supplements quality codes which are in place within the shipping industry by acting as a means to self-regulate. The results of TMSA an...