Commercial ship management
Chartering, voyage operations, laytime and post-fixture accounting for crude oil tankers — run by people who answer for the numbers they report.
About us
Meridian Compass is a commercial ship management company. We fix the vessel, run the voyage, calculate the laytime and chase the freight until it is in the owner’s account. Technical management stays where it belongs — with the technical manager.
Most of the money on a tanker voyage is won or lost after the recap is agreed: in the notice of readiness, in the hours that do and do not count, in the demurrage claim that is presented on time with the documents behind it.
We work for owners only, so there is no question whose side the calculation is argued from. Commissions are disclosed in full, every voyage is reported in writing, and you talk to the person who actually fixed the ship.
Speak with usServices
Five functions, handled end to end by one team, so nothing is dropped between the fixture and the final account.
01
We put the vessel in front of the right charterers and argue the terms that decide the voyage result, not just the rate.
Result: a fixture you can actually perform, on terms that hold up when the voyage goes wrong.
02
From port nomination to hoses off, the voyage is run against the charter party rather than improvised as it goes.
Result: fewer disputes at the end, because the record was kept from the start.
03
Laytime is calculated line by line from the statement of facts, and the claim is presented inside the time bar with the documents attached.
Result: demurrage that is recovered, not written off because a deadline passed.
04
The voyage is not finished when the cargo is discharged. It is finished when the account is settled and agreed.
Result: you know what the voyage earned, and why, in one statement.
05
Fuel is the largest variable cost on the voyage, so it is bought deliberately rather than at the last port with a berth free.
Result: a lower fuel bill, and a case to make when the delivered quantity is short.
Why owners appoint us
We do not act for charterers. There is no second interest on the other side of the laytime calculation we are presenting on your behalf.
One trade, learned properly. Tanker laytime runs in running hours, not weather working days, and the terms that matter are not the ones a dry cargo desk watches.
No account manager between you and the desk. The same people negotiate the charter party, run the voyage and defend the claim.
Every address and brokerage commission on the fixture is shown on the voyage account. You see the gross and the net, not a single figure.
Demurrage is lost to time bars more often than to argument. Claims go out inside the window with the supporting documents already attached.
Position and operations while the voyage runs, then one closing statement showing what the voyage earned against what it was expected to earn.
How it works
We look at the vessel, her trading pattern and what the last few voyages actually returned.
Scope, reporting and commission structure agreed in writing before anything is fixed.
We market the vessel, negotiate the terms and circulate the recap with our comments on it.
Operations, notices, port calls and daily reporting, with the record kept as the voyage runs.
Freight collected, laytime calculated, claims presented, and one closing statement issued.
Frequently asked
Contact
Send the particulars and where she is trading. You will get a considered reply from the desk that would actually handle her — not a brochure.
