VESSELINDEX offers digital tools for maritime professionals to benchmark vessel performance, analyze sale and purchase transactions, and manage emissions compliance. The platform provides calculators for vessel comparisons, project value assessments, and EEXI/CII impact simulations, streamlining fleet management and chartering decisions.
Funding
Funding not disclosed
Founders
Product
Problem
The maritime industry faces complexity in vessel benchmarking, sale and purchase analysis, and emissions compliance, leading to inefficiencies in chartering and fleet management. Accurately assessing vessel performance and navigating evolving regulatory landscapes requires specialized tools that are often fragmented or difficult to integrate.
Solution
VESSELINDEX provides a suite of digital tools designed to streamline operations and enhance decision-making within the maritime sector. The platform offers calculators for vessel benchmarking, enabling direct comparison and performance analysis against industry standards. For sale and purchase transactions, it delivers instant value guidance and project-specific net present value (NPV) and internal rate of return (IRR) assessments. The emissions tools assist in managing the economic impact of regulations like EEXI and CII by simulating ratings and providing guidance on optimal operational speeds for compliance. Furthermore, the performance reporting feature offers tangible, apple-to-apple comparisons of fleet earning potential and chartering performance.
Target Audience
The primary target audience includes ship owners, chartering professionals, maritime analysts, and financial stakeholders involved in vessel transactions and fleet management within the dry bulk and tanker segments.
Features
- Vessel Index Calculator: Benchmarks dry bulk and tanker vessels with features for storing multiple vessel profiles and inputting forward market data for efficient comparison. Includes immediate due diligence guidance on vessel speed and consumption.
- Sale & Purchase (S&P) Calculator: Provides instant Value Guidance (VG) for any dry bulk or tanker vessel and enables Project Value Assessments (PVA) with customizable options for NPV/IRR analysis. Generates structured decision support documentation.
- Emissions Tools (EEXI & CII): Calculates the commercial impact of EEXI on time charter earnings, provides guidance on maximum operational speed for compliance, and simulates CII ratings at various speeds and operational profiles.
- Performance Report: Compares and ranks vessel performance on an apple-to-apple basis, detailing TCE performance relative to fleet earning potential, size, and age, along with overall and segment-specific TCE rankings.
- Speed Indicator: Offers an aggregated view of optimal operating speeds based on prevailing freight and fuel market conditions, indirectly measuring market capacity and the extent of "slow steaming."
- Portfolio Management Support: Provides structured overviews of income potential and cost profiles for managing dry bulk vessel portfolios.