Commercial Voyage Management
Live TCE | Connected workflow - From first estimate to final accounts in one platform.
Why use Commercial Voyage Management?
For most commercial shipping operations, the connection between a pre-voyage estimate and what actually happens at sea is broken.
Operational changes - port delays, bunker overruns, revised ETAs - accumulate in separate systems. The commercial impact only becomes visible at end-of-voyage reconciliation. By then, the opportunity to act has passed.
CVM fixes this. The Voyage Estimator, Chartering Voyages, and Vessel Itinerary are connected inside a single workflow inside OpenOcean STUDIO so every confirmed itinerary change recalculates your TCE in real time, actuals from vessel reports replace estimates as they arrive, and your commercial record stays accurate from first fixture to final accounts.
No manual reconciliation. No end-of-voyage surprises. One version of the commercial truth, updated as the voyage happens.
Features and benefits
Commercial Voyage Management is native to OpenOcean STUDIO. There is no middleware to maintain, no synchronisation lag, and no third-party dependency standing between your commercial team and accurate data.
Eliminate silos - seamless integration streamlines decision-making across teams.
Real-time insights - leverage our unique virtualVESSEL digital twin technology for highly accurate voyage estimates and continuous adjustments.
Effortless execution - convert estimates into detailed voyage plans with automatic population of key details such as itinerary, costs, and revenue items.
Live Profit & Loss - empower both operational and commercial teams to make real-time decisions for maximum profitability and efficiency.
Voyage estimation
Voyage nomination
Dynamic TCE
Actuals from voyage reports
Live P&L Tracking
Port cost management
Vessel itinerary sync
FIFO bunker pricing
