Maritiech Services, part of the Clarksons Group, has announced that it has agreed a deal to integrate its Sea/ Charter Party Documentation system with the Veson IMOS Platform (VIP), allowing data to be automatically exchanged between the respective software platforms.
A native API integration will enable mutual clients to opt-in to data transfers between VIP and the Sea/contracts application, allowing them to develop and fix contracts within Sea/contracts and then transfer relevant details into VIP.
Alternatively, clients can first perform voyage estimates within VIP and evaluate opportunities side by side before committing to a contract negotiation. Once an acceptable deal has been identified and a vessel has been chosen, clients can then feed that data into Sea/contracts to agree on terms with their counterparties.
Contract details are entered immediately and correctly and are visible throughout their lifecycle, while organisations can also keep track of which Charter Party Contracts are still outstanding.
“Terms from Charter Party Contracts have ramifications to the commercial viability of each fixture, therefore requiring important contract details to be entered manually is not only time consuming and error prone, but also opens up the possibility of operational and business risk,” said Jere Richardson, Chief Commercial Officer, Veson Nautical.
“Through this charter party integration with Sea/, we can reduce these risks for our clients and unite the entire fixture lifecycle under one synergistic workflow.”
“Sea/ is giving the industry a smarter, easier way to create and manage contracts, all in one place. As one of the leading Charter Party Documentation solutions providers that will be available to Veson clients through the Veson Partner Network, their drive for innovation and collaboration makes us well aligned as we continue working together for the success of our clients.”