New Tech Saves Time for Shipbrokers

Monday, April 27, 2009

Stelvio has reacted to demands from the shipbroking sector for faster and more accurate vessel positioning and cargo order data by developing software which it claims will cut the workload by half.

ShipDecision from Stelvio is designed to eliminate the need for brokers to search manually through the thousands of incoming daily emails. The Vessel Position feature of the system examines each incoming message and automatically extracts the critical vessel

information such as the name, ownership and tonnage of the vessel; its region and position; and its open date range.

Through a unique algorithm, the system also ‘learns’ to adapt to various formats of information, so that it can extract the relevant data regardless of the format in which it is written. The Cargo Order feature of the system makes it easier for brokers to

search for cargo orders by lay-can date range; cargo type and quantity; zone and port; and by latest date.

“Quickly matching the right ship to the right cargo, in the most cost effective manner, is a critical action in the maritime shipping industry,” said Albert Carbone, President, Stelvio. “The feedback we have had from the brokering community is that the Broker Module will make a real difference in day-to-day productivity,” he said.

ShipDecision is a secure, web-based system which fully integrates all the information and documents needed to manage cargo movement and vessel operations. With specific modules for Brokers, Operators, Charterers, Surveyors, Agents, Insurers and Registries, the system is intuitive to the industry and substantially improves the speed and efficiency of everyday processes.

Montreal-based cargo brokerage house Gresco recently signed a three-year contract to use the system to handle the myriad of emails, faxes and requests received on a daily basis. Gresco’s broking team receives more than 1,000 emails each day together with

hundreds of phone calls and approximately 400 faxes per month.

Perhaps the single biggest benefit of the ShipDecision Broker Module is that it eliminates the need for Gresco to search manually through the thousands of incoming daily emails.

Maritime Reporter August 2014 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

People & Company News

Shell CEO: US Should Export Oil, Embrace Global Markets

The head of energy company Royal Dutch Shell said on Tuesday that U.S. policymakers should lift the crude oil export ban because allowing the shipments would make global energy system more stable.

SUNY Maritime Takes the Ice Bucket Challenge

Taking full advantage of one of the summer’s hottest days, twelve administrators and staff at the State University of New York (SUNY) Maritime College today took the Ice Bucket Challenge,

Fraunhofer Researchers Improve Underwater Images

Videos and images of the submarine world are important for the maritime industry. Researchers from Fraunhofer IGD will show how underwater images can be improved

 
 
Maritime Security Maritime Standards Naval Architecture Offshore Oil Port Authority Salvage Ship Electronics Ship Repair Shipbuilding / Vessel Construction Sonar
rss | archive | history | articles | privacy | terms and conditions | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.1536 sec (7 req/sec)