Charter Party Platform
Polinoe PCM (Polinoe Contract Manager) is a secure, online platform which provides an excellent management of freight and commodity contracts.
PCM protects the original contract wording, structure and lines numbering, and the forms content cannot be altered in any way and all changes are clearly visible (shown by different formatting styles).
PCM is designed to:
Simplify and speed up fixture drawing process
Simplify the communication between fixture members
Increase the visibility of fixture creation process
from all fixture members
Allow users to access platform through
laptop desktop or mobile devices
Increase security and data integrity
To have access to your fixtures as a library
Statistics have shown that using Polinoe contract management, charter party creation time minimized significantly.
Statistics have emerged basis the whole procedure of drawing up a charter party and not only the typing, i.e. ,double checking, text format reconstruction, consulting the broker, if necessary, etc.
For a shipbroker company or those who write the Charter party, using Polinoe charter party software platform is not just an advantage—it’s a necessity in today’s fast-paced, technologically driven maritime industry. Here’s why:
1. Enhanced Efficiency and Productivity:
- Automation: Polinoe Charter party software automates many time-consuming manual tasks, such as drafting, editing, and distributing charter party agreements. This frees up brokers to focus on more strategic activities like negotiation and business development.
- Standardization: The software provides standardized templates and clauses, ensuring consistency and reducing the risk of errors or omissions. This streamlines the entire chartering process.
- Faster Turnaround Times: With automated workflows and electronic signatures, deals can be closed much faster, giving brokers a competitive edge.
2. Improved Accuracy and Reduced Risk:
- Error Reduction: Manual drafting of charter parties is prone to human error. Software minimizes these errors, reducing the risk of disputes and costly legal battles.
- Compliance: Charter party software helps ensure compliance with industry regulations and standards, reducing the risk of penalties or legal issues.
- Version Control: The software maintains a clear audit trail of all changes made to the charter party, making it easy to track revisions and ensure everyone is working with the latest version.
3. Better Collaboration and Communication:
- Centralized Platform: A charter party software platform provides a central hub for all chartering activities, facilitating collaboration and communication between brokers, owners, charterers, and other parties involved.
- Real-time Access: All parties can access the latest version of the charter party and track its progress in real time, improving transparency and communication.
- Secure Document Sharing: The software provides a secure environment for sharing sensitive documents, ensuring confidentiality and reducing the risk of data breaches.
4. Cost Savings:
- Reduced Administrative Costs: By automating tasks and reducing errors, charter party software can significantly reduce administrative costs associated with the chartering process.
- Lower Legal Costs: By minimizing disputes and ensuring compliance, the software can help avoid costly legal battles.
- Increased Revenue: By enabling faster turnaround times and more efficient deal-making, the software can help brokers generate more revenue.
5. Competitive Advantage:
- Improved Service: By using charter party software, shipbroker companies can provide a more efficient, accurate, and professional service to their clients, giving them a competitive advantage.
- Attract and Retain Talent: Using modern technology can help attract and retain top talent in the shipbroking industry.
In conclusion, Polinoe charter party software is an essential tool for any shipbroker company looking to thrive in today’s competitive market. It offers significant benefits in terms of efficiency, accuracy, collaboration, cost savings, and competitive advantage. By embracing this technology, shipbrokers can streamline their operations, reduce risk, and provide a superior service to their clients.
Why a shipbroker company might choose the Polinoe Charter Party platform, building on the general benefits of charter party software:
1. Strong Focus on Maritime Expertise:
- Industry-Specific Design: Polinoe is designed specifically for the maritime industry, with a deep understanding of the complexities and nuances of charter party agreements. This means the platform is likely to have features and functionalities that are highly relevant to shipbrokers’ needs.
2. Collaboration with ASBA:
- Authorized Use of ASBA Forms: Polinoe has a collaboration with the Association of Ship Brokers & Agents (USA) Inc. (ASBA) for the authorized use of ASBA’s copyrighted charter party forms. This is a significant advantage, as it ensures users have access to standardized, widely recognized, and legally sound forms. This can streamline negotiations and reduce the risk of disputes.
3. Emphasis on Innovation:
- First Greek Charter Party Platform: Polinoe is recognized as the first Greek company to provide a platform for charter party drafting, indicating a focus on innovation and technological advancement in the maritime services market. This suggests they are likely to be at the forefront of developing new features and functionalities to meet the evolving needs of the industry
