Q1: What's in it for us?
A1: Improves control and efficiency.

"Thanks to Recap Manager - our clients can operate and handle three times as many vessels than industry average." (quote from Koch Shipping Inc.)

Q2: What is Chinsay?
A2:

  • A leading provider of Shipping Management Tools
  • Staying Power - principally owned by large European banking group, Scandinavia’s largest     media group, the Boston Consulting Group, and the Gulf Agency Company
  • Proven Product - Chinsay Recap Manager has been in operation for >4 years
  • More than 25 customers globally - Charterers and Brokers
  • Most tanker operators accustomed to the Recap Manager - 160+ companies globally have used     or received Chinsay Recaps/CP’s through Chinsay Recap Manager system
  • Quality assured - due diligence completed by major tanker charterers.
  • Independent
  • Microsoft ASP .NET technology
  • Q3: What is the Chinsay Recap Manager?
    A3:

  • A web-based document management system
  • Manages all contracts in a chartering transaction
  • Recap Manager today comes in a Tanker version, tomorrow also in a Dry-cargo version
  • Recap Manager can easily be integrated with existing Voyage Management Systems 

    Q4: What are the improvements in the new version 2.0?
    A4:

  • Faster and more user-friendly
  • No broadband capacity required 
  • Line-numbering option for Recaps and Charter-Parties
  • Improved vessel description features
  • Other improved features based on two years of industry feed-back 

  • Q5: Why Chinsay Recap Manager?
    A5:

  • Summarises and confirms the correct version of a chartering agreement
  • Supervises all chartering agreements at work, home or traveling via the Web
  • One standard format of all Agreements easily shared between all parties
  • One secure place storage for all information accessible to demurrage, legal and general
  •     operations departments
  • Automatic integration into existing operations/VMS

  • Q6: And the benefits are?
    A6:

  • Efficient management of contractual relationships
  • Minimize administration work
  • Audit control
  • Greater security and quality control
  • Electronic integration to internal voyage management systems
  • Information sharing and collaboration on documents
  • No local hardware/software installation costs
  • Total privacy guaranteed
  • Q7: What does our customers say about us?
    A7: Koch Shipping, one of our 25 corporate clients, describe their 4 years experience as follows:

    Quote
    Recap Manager (RM) once integrated via XML to the post fixture system we can use the discreet data to further enhance our automated voyage order systems. Currently, we are benefiting tremendously in information accuracy and timesavings from our rudimentary automation and organization of the voyage order and voyage administration process.

    Our Voyage Operations Coordinators handle 25 - 30 ships each on average, more than 3 times the market average in efficiency. Furthermore, our timely knowledge of vessel and cargo status is invaluable to the overall oil logistics support of our physical trading business.

    In a business where knowledge is money aggregating our knowledge in a more usable accessible form is invaluable.
    RM is one of the critical links in the chain, which together with our internal post fixture management system, effortlessly distributes the Charter document across the company, around the world. With a secure centralized system we gain standards compliance across the chartering capabilities despite multiple chartering locations, diverse product requirements, and volatile market conditions. If there are terms that need to be amended in future charters, RM enables immediate compliance with the changes across all businesses. With RM we have confidence that our relationships with multiple owners through divers brokerage channels will maintain the same clearly defined terms and conditions. This allows us a wider reach to the market while capturing some of the benefits of alliance sourcing and consolidation.
    Unquote




    Chinsay AB, Riddargatan 23, S-114 57 Stockholm, Sweden
    Telephone +46 (0)8 611 14 20  Fax+46 (0)8 678 16 55