Reduce Charter Party Claims and Excess Emissions
Green Charter uses modern technology to update traditional charter parties, improving commercial outcomes for owners and charterers and cutting excess emissions and fuel consumption.
Redefine Chartering Contracts for More Efficient Fuel Consumption
Traditional charter party agreements hamper collaborative relationships between you and your stakeholders to meet emission targets, as they don’t reflect real challenges of maritime operations.
You can enable mutually beneficial agreements that empower optimal technical and operational performance across your fleet, improving efficiency and cutting carbon emissions. Green Charter allows you to create and manage dynamic clauses within a charter party contract, overcoming the limitations of static performance tables and clauses.
Dynamic Charter Party Clauses
Green Charter uses Nautilus Labs’ Digital Twin vessel models to create a digital simulation of the chartered vessel. This model provides an independent, single source of truth for the vessel’s performance.
This helps support transparent collaboration, providing both parties with technical and operational performance reports, email alerts, and voyage simulations.
The Digital Twin models allow for a range of dynamic clauses to be used within a charter party, eliminating the need for static performance tables and reducing claims.
Reduce Charter Party Claims
Green Charter helps address a lack of transparency that is often found in traditional charter party agreements by giving both sides access to the same data and predictive simulations of vessel performance.
For charterers, this transparency helps derisk multi-millions contracts, reduces the overhead of claims and improves operational decision making. For owners, it allows them to safely realize the true value of their vessels without putting themselves at risk of claims from charterers. And for both sides, increased transparency helps support more collaborative relationships, resulting in better commercial outcomes.
Explore more solutions
Increase Your Fleet Performance With Trusted Insights
Detect fouling and engine issues swiftly across your fleet. Align stakeholders with trusted performance data for faster action with Fleet Insights—an intelligent platform for streamlined fleet performance tracking, reducing manual analysis.
Reduce Fuel Consumption With Predictive Intelligence
Empower your operators to make complex trade-off decisions on voyages.
Using predictive intelligence, it helps meet commercial requirements, minimize fuel consumption, and execute the most profitable voyages.
Ensure your maritime operations run safeguarded.
