The startup offers voyage management software that digitizes maritime operations and provides comprehensive carbon dioxide emissions tracking. By enabling shipowners and charterers to monitor their positions and manage daily activities efficiently, the platform facilitates a transition to more sustainable maritime practices.
Funding
$1M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
The maritime industry faces increasing pressure to comply with tightening climate regulations and reduce greenhouse gas emissions, requiring shipowners and charterers to accurately track and manage their carbon footprint. Existing voyage management solutions often lack comprehensive tools for emissions monitoring, risk mitigation, and integration of financial and operational data.
Solution
Vasco Systems offers a cloud-based SaaS platform that digitizes maritime operations and provides end-to-end CO2 emissions management. The platform enables shipowners and charterers to monitor vessel positions, streamline daily activities, and gain a forward-thinking perspective on their business. By integrating commercial, financial, and operational data with advanced risk management and emissions tracking tools, Vasco Systems facilitates data-driven decisions and a transition to more sustainable maritime practices. The system's AI-driven algorithms and machine learning enhance the efficiency of emissions data, generating reliable benchmark estimates that factor in vessel size, age, and type.
Target Audience
The primary target audience includes shipowners, charterers, and risk managers seeking to streamline voyage operations, reduce emissions, and make data-driven commercial decisions.
Features
- Comprehensive voyage management, integrating commercial, operations, finance, and claims modules
- Real-time CO2 emissions tracking and reporting based on fuel usage, facilitating compliance with IMO standards
- Predictive analytics for forecasting CO2 emissions for upcoming voyages
- Integrated hedging tools for mitigating risks associated with price fluctuations in freight, fuel, and emissions
- Advanced scenario planning capabilities to measure the impact of market changes on P&L
- Customizable dashboards providing an overview of key performance indicators
- Integration with ERP systems for seamless financial management
- Pre-loaded master data, including forward curves, locations, distances, and bank holidays