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Enterprise Java Research Library
Product:  Charter
Company:  California Software
Type:  Software
Description:  Time chartering is a high-risk business for many reasons. leasing charges, port charges, brokerage and insurance charges are increasing every year. Secondly costs for fuel, diesel oil and demurrage all depend on the length of voyage, which can be affected by both natural causes like bad weather and man-made causes like war.

Charter aims to reduce risk by helping the time charter make prudent assessments of income and expenses in the bidding stage itself there by arriving at bid values, which will yield the expected profit in the business.

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Related Products:  Risk Management | Supply Chain Software

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