Charter Party Performance Monitoring

A charter party promises a speed and a consumption. Whether the vessel delivers them decides who pays. NAVGreen monitors every voyage against a live digital twin so deviations surface while you can still act on them.

The problem

Underperformance is often discovered only at voyage end, when evidence is cold.
Noon reports alone rarely separate weather effects from genuine underperformance.

How NAVGreen solves it

A digital twin reconstructs expected speed and consumption for the actual weather encountered, then compares it with reported performance hour by hour. Good-weather periods are isolated automatically, so any gap is defensible — for a claim or against one.

24/7continuous monitoring against the contract baseline, with alerts the moment performance drifts.

Book a demo

See your fleet against its charter party baselines. Book a demo and bring a voyage you want analysed.

FAQ

What is charter party performance monitoring?

It is the continuous comparison of a vessel’s actual speed and fuel consumption against the figures warranted in the charter party, adjusted for real weather, to detect underperformance.

How is weather separated from underperformance?

The digital twin models expected performance for the weather actually encountered, so only good-weather periods are used to assess warranted speed and consumption.