Marlo – Chartering

Modified on Wed, 25 Jun at 12:36 AM

Marlo’s Chartering module centralises your pre-fixture workflow—from vessel listing to estimate finalisation—giving your chartering team the tools to make profitable, well-informed decisions. Built to support both Owned and Time-Chartered vessels, the module seamlessly integrates with Operations and Finance once voyages are confirmed.

Concepts in the module

Concept	Description
Cargo Tolerance Option Types	Define how much over or under the agreed cargo quantity is permissible (e.g., +/- 10%). This affects freight earnings, laytime, and demurrage.
Voyage Types	Marlo supports four contract types: OV-VCO, TCI-VCO, OV-TCO, and TCI-TCO. Each affects ownership, cost structure, and revenue modeling.
Max Lift Calculations	Helps determine the maximum cargo that can be lifted based on vessel deadweight, draft limits, and port restrictions.
Piracy & ECA Routing	Users can choose safe and compliant routes by factoring in piracy zones and Emission Control Areas (ECA), ensuring both safety and regulatory adherence.
Worldscale Rates	Used to calculate freight for tanker charters based on the World scale Association’s published rates. Applicable when estimating voyage revenue.
Bunker Planning	Users can plan bunker consumption and costs per port and leg, considering grade, pricing, consumption rates, and port availability.
CII & Carbon Emission Calculations	Estimate the Carbon Intensity Indicator (CII) and total CO₂ emissions per voyage to stay aligned with decarbonization goals and IMO regulations.

Workflows in the Chartering Module

The Marlo Chartering module is built around five primary workflows that help chartering managers plan, evaluate, and prepare voyages efficiently. Each step can function independently or as part of a larger end-to-end process.

1. Create Vessel

Start by adding a vessel with its technical specs, consumption profile, and ownership periods. This vessel data powers estimates and cost calculations throughout the platform.

2. Create Estimate

Build commercial voyage estimates using either owned or time-chartered vessels. Set itinerary, cargo, bunker plans, and evaluate financial viability with integrated P&L and emissions metrics.

3. Evaluate Estimate

Compare estimates side-by-side using the column view. Dive deep into individual estimates to adjust inputs, model what-if scenarios, or re-calculate based on updated market data.

4. Create Cargo

Create cargo opportunities including charterer, laycan period, itinerary, freight terms, and billing instructions. These can be linked to estimates for commercial viability analysis.

5. Create Vessel Fixtures (Ownerships)

Manage vessel availability by logging Time Charter In, Time Charter Out, or Owned fixtures. These fixtures are used to determine vessel costs, ownership period, and availability during voyage planning.