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Our Expertise

Turkey’s largest port cost verification, training and auditing company

 

•    Handled ;

      More than 10,000 disbursement accounts in the past

      More than 15,000 transactions in the past

      More than 1,000 charterparty in the past

      More than 100 legal consultancy cases in the past

      More than 2.000 crew training

 

Turkey’s only (World’s Second) independent port cost specialist

 

•    Independent from port agents

•    Independent from shipping companies

•    Independent from port suppliers

•    Independent from software providers

 

Business model independent from customers’ spending

 

•    Our cashflow is not intertwined with that of our customers

•    Clean and transparent business model – agreed fee is only revenue

•    We can act 100% in our customers interest to protect your EACH type cost items

Disbursement Account Management

Disbursement Account Desk is serving to

shipping operators, completing around

10,000 D/A investigate in the past.

 

A) PDA LOSES 

(Harbour/Light Dues, Rebates, Discounts, Pilotages, Towages Charges etc.)   

 

B) FDA LOSES

(ROE costs, Incidental Costs, Bank Charges, Credit Notes etc.)

 

100 USD PER D/A
Transaction Management

Transaction Management Service Desk is serving to shipping operators, completing around 15,000 transactions in the past.

 

 

A) FX LOSES 

 

B) TRANSACTION LOSES

 

C) PAYMENT SUPPORTS

 

( All agents are requesting PDA amount before vessel’ berthing and some of them request it 2 days before. The agents’ argument that they request it as per port regulations, government regime, Central bank regime etc. We support to shipowners for this purposes. All the payments done by our Transaction desk on behalf of Shipowners and shipowners pay it back whenever they want.)

Transaction Management Service Desk is serving to shipping operators, completing around 10,000 transactions in the past.

 

A)TOWAGE and PILOTAGE LOSES

  • Many of agents are working with Pilotage company if available and they take comission from them. That is why shipowners can not take true and effective information from the agent in generally.The agents’ argument is “Strongly recommended by harbour master” etc.

  • We support to shipowners for this purposes. All the investigation has been done by our desk and decide together with Master and Shipowner what should be done

 

B) PORT OF CALL BENCHMARK

  • Many of master and shipbrokers are not aware dangerous sides of the port. (Hold inspectors mantality, weather factor, immediate cast off, raining hours etc.,Pilots/PSC/Harbour Master’ behaviour, Emergency preperadnes, Shipchandlers etc. ) That is why shipowners, Masters can not know what will happen during in negative situations port stay in generally.

  • We support to Masters/shipowners/ship brokers for this purposes. All the investigation has been done by our desk and give effective information to  Master and Shipowner.

Port Services
Turkish Straits Agency

CharterParty Management Service Desk is serving to shipping operators, completing around 1000 in the past. Many of Masters are read Recap clauses of the charter party. Many of Them do not read all c/p terms.

 

  • Especially NOR , Laytime , Stevedore damage,interclub agreement clauses etc.  are very important for all shipowners. This clauses are effecting of the voyage performance.  

  • We support to shipowners for this purposes. All the charterparty assessed carrefully and Voyage Instruction preapared for Masters as working language. Extra explanations and sample wordings/cases will add to Voyage instructions. Thus we  try to avoid any unforseen voyage expenses.

Marmara Sea Ports Agency

Charter Party Legal Consultancy And Claim Service Desk is serving to shipping operators, completing around 100 in the past.

 

  • Many of Shipowners havent got Legal Department in their Office. Also their Operation department do not fully aware of English law  and Arbitration regulations.

  • Especially small claims (under usd 30.000) are not chasing by shipowners due to legal consultancy and arbitration expenses.

  • The English Consultants are working as hourly basis. It means any ”legal advice”  (not for arbitration process) from them is minimum GBP 5.000 also shipowners should work a Turkish Lawyer for bridge between English lawyer and ownselves.

  • In Generaly, main problem is preparadness of the supportive documents and informations which serve to English Lawyer for right  advice. The other problem is mentioned case can not assess together with any Captain or Marine superintendent’ point of view.

  • We support to shipowners for this purposes. All the claims assessed carrefully and “Marine legal advice” preapared for Shipowners and Letter of Claim is issued by our lawyers. Masters as working language. Extra explanations and sample wordings/cases will add to Voyage instructions. Thus we  try to avoid any unforseen voyage expenses.

Other Turkish Ports Protective Agency

  • Many of Shipowners havent got special purchasing Department in their Office. Also their Operation/Technical department do not fully aware of common purchasing and finance practise.

     

  • Especially small purchasings operations (under usd 5.000) are not chasing by shipowners due to hasnt got purchasing manager in the Office.

  • In Generaly, main problem is cash flow management of the company. The other problem is mentioned purchasing operations has been done by technical and deck superintendents. Mentioned Marine superintendent’ main idea is solve the problem with easily and quickly. The Superintendents can not assess the operation as cash flow basis and financial point of view.

  • We support to shipowners for this purposes. All the purchasing operations  assessed carrefully and Necessary purchasing assessment forms preapared for Shipowners approval and purchasing is performing by our  personnel after Shipowners approval.

Advantages of Disbursement Account  Service

COUNTABLE SAVINGS;

 

  • Bank charges and FX savings

  • Courier savings – no courier fee charged to customers

  • Time savings throughout the organization

  • Improved cycle times

  • Superior cost control

  • Superior and effective process flow management

  • Transparency and accountability

  • Enhanced authority vs. agents

  • Reduced port cost spending

  • Reduced working capital usage

  • Increase operations staff capacity (high value activities)

  • Continued process improvement

  • Compliance with process and financial standards

 

ORGANIZATIONAL BENEFITS;

 

  • Time savings / opportunity costs (1.5 hours x gross hourly cost of $60)

  • Communication Costs (with agents suppliers and across offices)

  • Physical Archiving and storage, scanning / indexing

  • Turning a fixed costs into a variable voyage cost (not under- or over-staffed)

  • Reporting (customized reports / report presentation)

  • Process quality (ISO and Sarbanes Oxley)

  • Software savings (new releases / system integration)

  • Reduced DA cycle

  • Support Desk (24 / 7 / 365) for all staff, agents and suppliers

  • Continuous investments in the DA-Process and new value adding products

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