This system is mainly aimed to keep a track of each and every transaction for the company. This will be able to give a exact idea about the transactions and where the company stands in the open market, what are the options available for the company, which all shipping make profit for the company, So that the core group can make their decision immediately, more precisely and accurately same time in a very fast pace.
Features :
 
 
Quick entries of the transaction details from any part of the world.
 
Online interfaces of the Master as well as transaction detail forms.
 
Extensive reports for each and every transaction according to the authorized users requirment..
   
Transaction forms can have different load port as well as discharge ports.
 
Autogeneration of demurrage rate and different other charges..
 
Working :
 
Application mainly consists of two engines
  Admin Section:
         It provides interfaces for the one-time entries of different master forms as well as each and every transaction detail forms and load port(S)as well as discharge port(S) details.
  User Section:
       
    It provides interfaces for the entry of various transaction details.The core committee on the basis of the market position finalizes the transactions to be done on various boards of trades all over the world.Single interface is used for the entry of future, options, paper and physical type of transactions
       
    It provides on line view of transaction details on the selection of a specific commodity and shipment period. Profit and Loss account is generated party wise according to consolidated sales and purchase figures.
       
    It facilitates on line conversion of paper type transaction to physical transaction. User can insert additional information
like delivery port and discharge port details in the already entered paper type transactions to make it physical type
contract
       
    It provides facility for the on line settlement of paper type transaction. All the paper type sales or purchase transactions of a specific commodity for a specific shipment period can be viewed and settled online.
       
      It generates Mark to Market report for the future and options type transactions with automatic contract settlement facility.
Contracts finalized by a specific broker for a specific shipment period are settled automatically. Color coding and commodity wise, party wise categorization is done for quick analysis of figures.
       
    Shipment information of the physical transactions can be recorded and viewed on line. It facilitates alteration of the
predefined payment conditions for a physical contract.
     
Synopsis :
 
Vessel Management System is a total integration and management information system. It provides decision support, report generation and demurrage settlement, additional expense handling.Vessel Management System is a total integration and management information system. It provides decision support, report generation and demurrage settlement, additional expense handling.