The Seven Oceans Commercial software added one more important and useful feature. The Chartering Register.
This register allows the users and management of chartering and shipping companies to closely monitor P & L for each fixture. This is made possible from the time the vessel is fixed to anytime during the voyage until final payments/revenue settlement.
For each Fixture ID/ Voyage ID/ Vessel/ Owner/Charterer the system delivers Gross P & L for the voyage, Revenue, Demurrage, Operational Expenses, Port Expenses, Bunker Expenses, Hire Due(if any), Hire Paid(as required) and more as needed. A concurrent comparison between Initial P & L and Final P & L is shown at all times. This tool has been added with quality inputs from our customers. The management of Seven Oceans was quoted saying – This feature connects to fundamental pillars of the company philosophy of SIMPLE DESIGN and POWER TO USER.