In the business of sea freight, the performance of time-chartered vessels is paramount. We4Sea understands this and has innovated a service that will revolutionize the industry.
When aiming to improve fleet performance, the actual performance of newly added time-chartered vessels is crucial.
Fixing better vessels for your long-term time-chartered fleet improves your TCE with up to 5% - resulting in commercial gains up to USD 200,000 annually using current market rates.
Picture this, a tool that assesses a vessel's performance before it's even hired.
With We4Sea's new pre-charter service, charterers can make informed decisions about new additions to their fleet.
No more blind hiring, no more unexpected inefficiencies.
This is about taking control, about knowing a vessel's capabilities before it is chartered by your company.
Using actual, recent operational data, We4Sea is now able to establish the actual performance of any speed-instructed vessel.
It could even be that a vessel that looks worse on paper, will outperform in reality. We will tell you upfront.
We4Sea's new pre-charter services are about maximizing commercial gains, based on using actual operational performance data.
All investments require a solid business case. So, let's see how pre-charter assessments helps you to boost financial gains.
Imagine you are being offered two Kansarmax bulk vessels, let's call them A and B. These vessels are described at 13 knots @ 25 MT/day, at identical dayrates.
In a pre-charter assessment, We4Sea analyzed the last 3 months of actual operational data. It revealed that there is a significant difference in actual performance between the two vessels, even though Vessel B met the CP - due to the traditional 0.5 knots margin for "about".
Due to this better actual performance, and using actuel market rates, we analysed that vessel A outperformed CP by USD 3.6 per mile, and has a USD 7.4 per mile better commercial performance as vessel B.
Based on an average 40,000 annual miles, the annual net gains for vessel A vs. B amount to USD 298,000.
Want to know more about siness case? Reach out to us via firstname.lastname@example.org.