Companies face constant pressures to make effective capital planning decisions. Complex businesses like running a refinery, chemical plant or power station are no different. Therefore, being able to see the bigger economic picture is vital in effectively managing operational maintenance, regulatory requirements, energy efficiency and sustainability goals.

Liquid bulk shipping requires complex planning and scheduling. For many oil, gas and chemical companies, getting the business in shape to manage incoming and outgoing shipments drives competitive edge. As prices fluctuate on a daily basis, understanding the options on large crude oil vessels and having up-to-date market information is vital when bidding on spot cargo to accurately schedule your fleet. Being able to take all unassigned ships to a legal berth, with all constraints considered, is a logistic and economic challenge. So, how can companies maximize profitability and avoid unnecessary demurrage costs?