ClearVoyage Updates in June 2024

ClearVoyage Updates in June 2024

ClearVoyage Updates in June 2024

Jul 1, 2024

ClearVoyage product update June
ClearVoyage product update June

June saw a real focus on commercial & pre-fixture features. These are designed to give you fast & accurate voyage calculations, and easier commercial management of your voyages. 

This month saw a very exciting new integration with a leading vessel reporting tool, TheShip. With its robust APIs for connectivity, ClearVoyage is always open to new integrations, especially with a market-leading service like TheShip

These updates are part of our ongoing commitment to provide you with the easiest way to handle your operations and maximize your productivity. 

It’s all part of ClearVoyage’s easy voyage management syste

Overview over ports and voyages

EU ETS estimation

Estimating EU ETS costs for a voyage within EU waters is a critical part of any voyage calculation. 

With ClearVoyage, you can see the estimated total cost, taking into account the rules for 2024, 2025 and beyond. It’s fast and flexible enough for you to play around with different cargos, vessels and EUA prices to see the effect on the voyage TCE. 

Ultimately, ClearVoyage is here to help with all aspects of your EU ETS strategy - 

  1. Estimate EUA costs

  2. Continuously monitor your actual emissions and expected EUA costs

  3. Enter purchased EUAs in ClearVoyage & allocate them to contracts within ClearVoyage 

  4. Build a strong understanding of your net EUA exposure 

  5. Do all this before the official the end of year EU ETS reporting to avoid nasty surprises

Estimate ETS costs


Invoice hire “per calendar month”

Invoicing with ClearVoyage is designed to be simple and powerful. Fundamentally, it’s driven by customer feedback. So when new customers requested that ClearVoyage handle monthly hire -  so we built it.

It doesn’t matter if your vessels are earning $20k per day or $600k pcm, ClearVoyage can streamline the invoicing & settlement process

As ever, you can also see what amounts are outstanding, or how many days due/overdue each invoice is with ClearVoyage’s dashboards. 

See and create invoices in clearvoyage


New Integration With TheShip.io 

TheShip is a leading provider of vessel reporting, including noon reports, arrival, departure, SOFs and more. The tool is easy to implement and can be set up in a matter of hours. 

They also provide a clean and powerful interface for shore based operations teams to monitor port operations, streamline demurrage claims and track emissions

Our customers saw that they could get the best of both worlds by combining TheShip’s vessel reporting with ClearVoyage’s commercial and financial tools

The integration was completed in June and is now live. Vessel reports flow into ClearVoyage’s contracts and are used for performance & emissions monitoring

To learn more about TheShip, visit their website here https://www.theship.io


There’s More To Come In July

Our philosophy is to make lots of incremental improvements. Over time, these compound to make your voyage management easier

Here are some of the upcoming improvements in July

✅ Historical snapshots of the voyage P&L: so you can see how P&L has changed over time

✅ Bareboat charter types; invoice items like capex & opex through a bareboat charter contract

✅ Fix a ship from one organisation to another within ClearVoyage. You can run multiple different organisations within one ClearVoyage account; and soon you will be able to fix a ship from one org to another without the double work

Interested in learning more?

We will talk about your Voyage Management needs and show you exactly how ClearVoyage can meet them