MARITIME FINANCIAL SUITE

Visibility and control on assets (CAPEX) and operations (OPEX) in a multi-business-unit financial and resource management system

MARITIME COMMERCIAL SUITE

A Fleet operations suite that integrates derivative data from operations, chartering and accounting and improves operational performance

MARITIME TECHNICAL SUITE

Technical management, procurement and supply-cycle optimization along with quality/safety management, reducing administration costs and risk

Web Enterprise Financial Suite

Marine Accounting & MIS

DANAOS Financial Suite is aligned with GAAP Standards and SARBANES OXLEY ACT OF 2002 – Compatible with SOX and SOX404 Requirements and Rules.

Support of Voyage Accounting and Analysis, Running Cost Reporting, Cash Flow Analysis including accruals.

Suitable for Ship management, Ship owning, Ship holding Groups, Operators, Agents, Bunker Traders, etc.

Payments

Application software specially designed for the Treasury Department. Selection of Outstanding Payables due in certain period.

Supports partial payments, the use of advance or upfront payments and intercompany bank/cash transfers.

Supports Multiple bank accounts for each Creditor for each payment currency. Automatically creates a payment entry that includes automated intercompany and exchange differences.

Budgeting System

Application Software specially designed for the Accounting Procurement and Management department of a Shipping company.

Designed to support all types of calculations, the user can budget: Running Costs, Income, Profit, Financing Costs, Credit Line, Project Budgeting, etc. Consolidated budgeting for a group of projects or group of companies that can be compared with Historic Accounting Information are included in the system.

Fixed Assets Register

Designed for registration and grouping of assets per company, this module provides all the necessary tools to manage your maritime assets’ financial and tax reporting.

Ability to create automatic Purchase entries of new assets. Depreciation of all assets and automatic entries to Marine Accounting module are available.  Sophisticated depreciation features perform calculations quickly and easily.

Bunker Trading Financials

Bunker Trading Financials is specially designed for the traders involved in bunkering, fuels and lubricants providing continuous online information such as the status of bunkers deliveries, past or future payments and customer’s/ supplier’s exposure from suppliers involved to the agents and ship owners.

The system automates invoicing and sequentially all accounting files.

Protocol (Financial
Document Controller)

The Financial Document Controller module automates the procedure of protocol registration assigning a unique protocol number to any incoming invoice or other official document. It also stores the scanned image of the physical document.

This module is fully integrated with all relevant DANAOS applications such as Supply, Accounting, Bunkering, Crew Ticketing etc.

Marine Claims & Insurance

Streamline your claims handling operations with the Marine Claims Manager Module. This module is designed for registration and grouping of Claims per company.

Ability to retrieve entries from Marine Accounting module, modify and group in order to calculate amend the value of the claim (Receipts/payments). Reporting is available to print the Outstanding Claims or the total history of a specific Claim.

Web Enterprise Commercial Suite

Voyage Estimation
(Chartering / Pre-Fixture)

Designed to support all types of calculations associated to a Voyage Estimation.

Including a large and extensible port distances data base, the system permits on line checking of more than one vessel for the same job, permits “What if” suppositions by interactive variation of all associated figures when modifying one of the estimation parameters.

All necessary terms are already included in the system and easily retrieved. The system handles multiple cargos/parcels and unlimited number of loading and discharging ports.

Vessel Scheduling

Monitors, manages and administers all tasks and procedural activities involved in the operations of bulkers, tankers, containers/liners and LNG/LPG. General dashboard provides consolidated information in terms of all operations and crucial alerts, providing an overall situation awareness. Plan voyage based on C/P and voyage order is taking into consideration original chartering estimations, derived during fleet scheduling.  Generates reports or shows alerts that assist the operations department to manage ‘by exception’ the voyage. Real time post analysis reports.

Vessel Operation
(Telegrams Report)

The function of inputting the daily telegrams form the vessel to the system can be outsourced to DANAOS, where our data center receive these telegrams from the client’s vessel and remotely update the system within a specified time frame, allowing the client to view updated vessel positions and consumption at any point in time.

Vessel Port Expenses
(Port DA’s)

Port Expenses Module is specially designed for vessel port expenses and payment follow up. Initial offer and proforma invoice are entered into the system together with the final invoice. The updating of DANAOS Marine Accounting is fully automated.

The payment approval to the agent can be done through the system. Various reports specifying Disbursement Accounting department activity, i.e. number of invoices approved, checked, pending, paid, etc. are produced. The system is fully integrated with DIABOS/DA DESK.

Bunkering Managing System

Monitors bunkering events and specially designed to provide continuous on line information for any company involved in the bunkers supply business, including oil companies, bunkers suppliers, brokers, intermediates, etc.

The system automates invoicing & information system can update accounting files. Apart from the follow-up of the client’s payment status, the company exposure and telex and official invoices, on-line information concerning the status of bunkers deliveries, past or future payments and customer’s/ supplier’s exposure, is also available.

Freight Collection System
(Freight & Hire)

This Module is specially designed for Post-fixture information, Creating Debit Notes, Credit notes sent charterers, automatically created vouchers for accounting record non Debit Notes and Credit Notes issued, recording charterer’s payments and preparing vouchers for Accounting records. Keeping track of voyage revenues and expenses.

Laytime / Demurrage Calculator

This Module is integrated with the timesheet of the loading/discharging activity which comes from the vessel directly. It has been designed to assist users with laytime/demurrage/dispatch calculations. It caters for all modern charter party clauses regarding commencement and cessation of laytime, thus allowing users to establish the demurrage /dispatch due seamlessly in various scenarios. Depending on the terms and consequently the parameters inserted in the program, the system assesses laytime generating a detailed Statement of Facts mentioning all relevant data essential for the calculation.

With DANAOS powerful but user-friendly Laytime and Demurrage Calculation software, you need only minutes instead of hours for error-free calculation. That means you save time and effort as well as money.

Weather Navigator

DANAOS Weather Navigator is an Onboard and complementary office applications that enables the collaboration on navigation to find the safest and most efficient routes. Track the progress of your voyage and spot easily C/P non- compliance.

MRV / SEEMP

DANAOS SEEMP module encompasses the full spectrum of IMO regulations and guidelines regarding ship efficiency. SEEMP module enables the management to identify the root causes of operational deficiencies and achieve above the competition performance level for each vessel type.

Energy Efficiency Module is a performance monitoring tool in terms in technical, financial & statutory (EEOI, MRV, etc.) terms. The maritime Energy Efficiency Design Index (EEDI) was made mandatory for new ships and the Ship Energy Efficiency Management Plan (SEEMP) for all ships at MEPC 62 (July 2011) with the adoption of amendments to MARPOL Annex VI, by Parties to MARPOL Annex VI. This was the first legally binding climate change treaty to be adopted since the Kyoto Protocol.

eORB (Electronic Record Book)

DANAOS Electronic Oil Record Book Software (available as a native mobile app) is the complete solution for keeping Oil Record Book “clean of errors”. Vessels where MARPOL Convention is applicable should keep and update the Oil Record Book, where the Chief Engineer should record all oil or sludge transfers and discharges within the vessel.

Web Enterprise Technical Suite

Planned Maintenance System (PMS)

Planned Maintenance System (PMS) is specially designed for maintenance monitoring on any marine or industrial plant. Provides flexible specification of required maintenance integrating with the spares usage. Integrates maintenance with class surveys. Permits decoupling of maintenance continuity from personnel changes. Semi-annual concise maintenance and survey planning and full maintenance plan for any required period. Spare parts usage monitoring and future requirements prediction.

Creation of the entire PMS, related technical forms and Survey Status into the system for the entire fleet can be outsourced to DANAOS. These services are performed by Marine Chief Engineers having extensive sea and rank experience.

Dry-Docking

This Module offers the creation of the dry-docking report, the sending to the various shipyards for quotations, the evaluation of the quotes, the final order placement and the follow up of the jobs done during the dry-docking. Has a user friendly interface, utilizing the “drag & drop” functionality which is offered by the Windows.

In one screen the user can select, define and create all that is required for the Dry-docking report generation. When the shipyards receive the files then they will be able to fill up their quotes and send them back to the office. Also the user will be able to import the quoted prices from the yards and thereafter from the DANAOS Supplies Module to do the yard comparison. All the Dry-docking information will be saved on separate tables and in that way the user can retrieve historical information.

HSQE (ISM System)

This Module is designed to provide the launch platform of the company preparation and certification to ISM requirements. It provides the backbone of the efficient maintenance of the ISM system once the company is certified and ensures continuity of compliance. The degree of automation provided ensures that minimum human intervention is required for application the closed – loop principle of the ISM code.

The basic structure of the ISM Administrator is consistent with the DANAOS Ship Management Suite for office and vessel. A complete and integrated safety, quality and information system can be built giving the shipping company the benefits of a unified platform to build its competitiveness.

Risk Assessor

The Risk@Assessor is a structured risk assessment program for ships operation covering operational, accident, security and environmental risks with a unified approach. RAP considers risk assessment as an endless procedure utilizing business learning mechanisms based on industry and company previous experiences.

Risk Assessor estimates risks with accuracy (according to the Code of Safe Working Practices for Merchant Seamen published by MCA (which is based on BS 8800 standard) and Risk Manager Implements plan of actions to reduce the consequences or the probability of occurrence (Risk management definition BS 4778).

Procurement (Supply)

DANAOS Supply has been conceived to minimize cost through complete supply cycle (supply chain) support, efficient evaluation of requisitions, comparison of quotations, order break up strategies, historic cost references and order follow-up to destination. Productivity is enhanced by the paperless distribution of all produced legal document to suppliers.

Digital Services of DANAOS Supply are also available via our DANAOSONE Platform.

DANAOS Supply is part of the Ship Management Suite and consists of 3 modules:

Spares, Stores & Provisions.

Each one has been optimized for the specific task and reporting requirements.

Crew / HR
(Crewing System / Planning)

Crewing System Module is specially designed for crewing departments or crew agents.

Crewing System, provides historical performance record for each seaman, personal card, seaman application, and follow up. Quick search for any combination of qualifications in seaman’s personal card and means for evaluating seaman point system reporting of past performance. Actual crew list by rank is obtained both present and past. Actually available or not available crew by rank. Possibility of allocating crew to vessels. Planning Reports for on board and ashore personnel. Multiple crew list generated for U.S. immigration and other authorities.

Payroll / MGA

MGA Module is designed in order to facilitate the Operation Department of a shipping company to automatically check Master’s Accounts. Handles multiple collective and individual crew agreements. Validates pay-slips received from the Master.

Processes monthly and extra allotments. Produces wages, tax statements and records of crew ledgers. Calculates retroactive wages and updates the accounting system with relevant entries. Reports for various statistics are included. Generates automatically list with payments of Monthly.

Marine Claims Manager / 
Insurance Manager

Streamline your claims handling operations with the Marine Claims Manager Module. This module is designed for registration and grouping of Claims per company. Ability to retrieve entries from Marine Accounting module, modify and group in order to calculate amend the value of the claim (Receipts/payments). Reporting is available to print the Outstanding Claims or the total history of a specific Claim.

Superintendent Inspection System

Superintendent Inspection software is specially designed for vessel survey and recommendation status monitoring. All surveys are followed up with windowing capability. Checking of survey execution within allowed windows is automated. Technical Department is informed at any stage about vessel’s survey and recommendation status, overdue surveys and surveys due at any future date.

TMSA Add On

TMSA Application is an integrated software system for effective calculation of KPIs for TMSA compliance. Most KPIs specified in the OCIMF questionnaire require the processing of data that are derived from multiple software modules and the execution of specific algorithmic calculations on that data. If the modules are not integrated then the automatic calculation of the KPIs is impossible and can only be performed manually, a process that will take a considerable amount of time.

Maritime KPIs

The integrated approach of all the functions of a ship management company in one integrated system provides the appropriate infrastructure to support maritime specific KPI’s setup and monitoring.

The new DANAOS Web Enterprise Solution has this functionality as built-in. A mechanism to enrich the maritime KPI’s library is available. KPI’s definitions and their arguments are user defined and may be published easily to the system. A framework of utilities is offered to cover the publishing procedure. Members of IT departments or even users can create, compile and test different KPI’s without risking the integrity of the system.