Vessel Performance & Emissions Intelligence
Vessel Performance Management is the art of monitoring vessel performance while applying scientific and analytical principles to draw conclusions for ultimately increasing profits by optimizing fuel costs. In the current scenario of the shipping industry and various stakeholders trying to cap emissions, it is now more imperative than ever, that ship owners and operators reduce energy consumption and improve the overall efficiency of their fleet.
A widespread difficulty for ship owners and operators is gaining access to experienced resources with strong commercial acumen, to be able to monitor their vessels 24×7 and generate tangible savings through a proven methodology. GeoPerform, as a team is proficient to monitor, evaluate and optimize vessel performance.
Emissions Management Solutions
Empower your sustainability journey with our comprehensive end to end emission management solutions.
750+
Vessels handled annually
50M+USD
Performance claims handled
25M+USD
Equivalent EUAs traded
What We Offer
PERFORMANCE AND CLAIMS MANAGEMENT
- Pool performance assessment
- Trip and period charter performance assessment
- Claim recovery and defense services
VESSEL
PERFORMANCE
OPTIMIZATION
- Daily voyage and port performance optimisation
- Hull and engine degradation assessment
- Predictive analysis using high frequency data reports
- Weather routing and voyage optimisation
REGULATORY & ENVIRONMENTAL COMPLIANCE
- EU ETS Management & EUA Procurement
- CII Management
- FuelEU Maritime
- Bio-fuels/alternative energy management & advisory services
What We Deliver
Regulatory and Environmental Compliance
Stay compliant with EU ETS, FuelEU, and CII — with full verifier-ready tracking.
EU ETS Management includes:
- EUA Procurement: Spot or nomination basis for Euros/ US $
- Future Alignment: To incorporate CH4/N2O and Hybrid Fuels
- Integration Capabilities: Custom solution which is capable of integrating with verifiers and traders
- Statement on Demand: Independent verifier VoV
FuelEU includes:
- CP Support: Emissions clauses and claim management
- GHG & Penalty Calculation: GHG & Penalty calculation, harness towards compliance management
- Penalty Management Market Place: Pooling / Borrowing / Banking / Sustainable Fuel
Vessel Performance Optimization
Voyage Optimization is sometimes restricted to weather routing, which does work well in the short term, but needs to be coupled with vessel performance to stay a step ahead and achieve savings. While the CP Performance follows a very binary approach – laden and ballast, vessels complete voyages under various dynamics – partial laden, different conditions of weather and sea, and varying engine loads/slip or even bunker mismanagement. Although ship-reported data is the primary source for understanding performance, relying solely on this data may result in inaccurate results due to its proneness to error. Some of the salient features of our service are as below:
- Digital Twin - statistical model based on ISO 19030 principles.
- ship specific characteristics to replicate sea performance.
- Analytical approach through dashboards which flag any outliers.
- 45-day extensive health check report.
Performance and Claims Management
Whilst vessel performance claims are regular points of contention in the Charter Parties, voyage re -structuring, and getting legal advice for interpretation of performance clauses often turns out to be an expensive and time taking proposition. We provide a holistic approach to Performance Claims Management where we proactively provide inputs on expected deviations in performance based on the Charter Party terms, apart from daily monitoring of vessel performance.
- Our in-house platform integrates with most of the industry standard voyage management systems.
- End-Of-Voyage (EOV) Reports based on CP Templates and agreed clauses.
- Expert team of Vessel Performance Analysts and seasoned Maritime Lawyers.
- In-depth voyage analysis to pursue performance claims or defend the same with reliable data and sound interpretation.
