Voyager is a Demurrage Operations Management platform that enables bulk charterers to predict and optimize shipping costs by automating the processing of Statements of Facts (SoFs) and tracking voyage performance metrics. The platform reduces the complexity and financial impact of demurrage through real-time data integration and customizable dashboards, allowing users to make informed decisions throughout the voyage lifecycle.
Funding
$10.2M 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.
AV+3Founders
Product
Problem
Charterers face challenges in accurately predicting and optimizing shipping costs due to the complexities involved in processing Statements of Facts (SoFs) and tracking voyage performance. Manual processing of SoFs is time-consuming and prone to errors, leading to increased demurrage costs and reduced profitability. Lack of real-time data integration and customizable dashboards hinders informed decision-making throughout the voyage lifecycle.
Solution
Voyager offers a voyage management platform designed to streamline operations, predict costs, and optimize shipping for charterers. The platform automates the processing of SoFs using AI, enabling users to quickly digitize documents and extract key information. By integrating real-time data and providing customizable dashboards, Voyager allows charterers to monitor voyage KPIs, identify the root causes of demurrage, and quantify the financial impact of each contract clause. Voyager facilitates better decision-making in stakeholder selection, voyage planning, and charter party contract clauses by leveraging historical voyage, emissions, and demurrage data. The platform's integrated workflows support pre- and post-fixture operational tasks, including demand planning, demurrage and claims settlement, and communication with brokers, shipowners, and agents.
Target Audience
Voyager primarily targets charterers in the maritime industry seeking to optimize shipping costs, streamline voyage management, and reduce demurrage exposure.
Features
- AI-powered Statement of Facts (SoF) parsing for automated data extraction
- Automated laytime calculations factoring in clauses and commercial terms
- Customizable dashboards for real-time voyage KPI tracking and performance monitoring
- Demand planning module to match cargo demands with available vessels
- Cost management tools for tracking planned and actual costs with granularity
- Claims management module to manage the entire claim lifecycle
- API integration for seamless data transfer between existing ERP, CTRM, and accounting systems
- Emissions reporting for tracking and managing environmental impact