Vessel performance

METIS Cyberspace Technology has launched a software module to tackle the challenges shipping companies face in monitoring vessel performance effectively to meet charterparty agreement (CPA) reporting needs. The new functionality will enhance the productivity of operations and chartering departments, allowing operators to monitor and track their vessel’s CPA performance at a glance. Once all CPA terms are imported into the system the user can monitor all vessels concerned and identify potential deviations to specified consumption and speed terms. In addition, the system provides automated notifications in case the speed consumption curve exceeds certain predefined limits.