Vessel performance management is difficult without a holistic view of technical and operational performance. However, this information is often siloed: owners have access to the technical profile of the ship, but charterers have jurisdiction over day-to-day...
Charter party agreements, in their current form, are often a stumbling block to owners and charterers collaborating on fleet optimization, cost reduction, and decarbonization. They are very old documents, built around archaic structures that are unsuitable for modern...
Ocean commerce is the backbone of the world’s economy, transporting 90% of global trade. But it’s also massively inefficient, resulting in carbon emissions amounting to 3% of global anthropogenic greenhouse gases. Nautilus Labs was founded with the mission to...
Last week, I went to Houston to speak at the S&P World Petrochemical Conference next week. A big topic was the profitable decarbonization of the industry in line with resilience and digitalization. Looking at solutions for emissions reductions that are already...
Charter parties are at the heart of the shipping industry, binding counterparties into relationships around vessels. Given a history stretching back centuries, these agreements have undergone few changes over time and have become living fossils of a bygone era. That...
The Financial Times Commodities Global Summit 2023 last week brought together some of the most influential individuals in the commodities industry to discuss the current and future states of the industry. The conference featured several keynote speeches, panels, and...
