ViganSailors SocietyTelestackTMS Awards 2021TOC EventsPort of Stockton
  • Sailors Society
  • Van Aalst
  • The Wolfson Centre for Bulk Solids Handling Technology
  • Port of Stockton
  • Bühler GmbH
  • TBA Group

METIS introduces new CPA monitoring module

(Posted on 12/11/20)

 METIS Cyberspace Technology S.A. has launched a new software module to tackle the huge challenges shipping companies face in monitoring vessel performance effectively to meet Charter Party Agreement (CPA) reporting needs. The new module, announced today, addresses the challenge with functionality that will greatly enhance the productivity of both operations and chartering departments.

The new module allows operators to monitor and track their vessel's CPA performance at a glance through the online METIS platform using a set of visually rich dashboards. Once all CPA terms are imported into the system the user can monitor all vessels concerned and identify potential deviations to specified consumption and speed terms. In addition, the system provides automated notifications in case the speed consumption curve exceeds certain predefined limits.

“Monitoring performance to match CPA expectations is one of the biggest challenges a vessel owner can face,” says Mike Konstantinidis, CEO, METIS Cyberspace Technology. “The CPA module means the right information is always available during the voyage to take corrective actions and at the end of every voyage for performance evaluation and to address any potential claims.”

Konstantinidis adds that the analysis used is based solely on data collected automatically through METIS Ship Connect, the data acquisition system developed by METIS whose accuracy is approved by Lloyds Register. “The analysis involves the utilization of weather data, vessel manoeuvring states and all other remarks included in the CPA, to provide a holistic view of the vessel’s compliance,” he adds.

METIS Cyberspace Technology specializes in Data Acquisition, Real-time Performance Monitoring and Intelligent Analytics for the Maritime Industry, based on advanced Machine Learning and Artificial Intelligence techniques. Based in Athens, the core of METIS is its team of skilled engineers and researchers whose innovative thinking, maritime business know-how and expertise in high-end technologies are empowering shipping’s digital transformation. Established in 2016, METIS is majority-owned by maritime-focused environmental engineering group ERMA FIRST.

Latest News

Potential officer shortage looms

(Posted on 29/07/21)

Launched this week, the new Seafarer Workforce Report from BIMCO and the International Chamber of Shipping... Read more


DNV backs crew change programme in SE Asia

(Posted on 29/07/21)

DNV, the world’s leading classification society and risk management expert, is embarking on an... Read more


IMI and Columbia sign cooperation agreement

(Posted on 29/07/21)

International Maritime Industries (IMI), the largest maritime yard in the Middle East and North Africa... Read more


Ocean Technologies helps seafarers minimise distractions

(Posted on 26/07/21)

Distractions are recognised as one of the biggest causes of human error resulting in incidents, accidents... Read more


The BMA recognises first mental health training course

(Posted on 26/07/21)

The Bahamas Maritime Authority (BMA) has announced that it has recognised the Seafarer Mental Health... Read more


ClassNK grants innovation endorsement Tsuneishi

(Posted on 20/07/21)

Leading Classification Society ClassNK granted its first Innovation Endorsement “Provider Certification... Read more


Jamaica’s successful women can serve as an example

(Posted on 20/07/21)

World shipping can learn a lot from Jamaica when it comes to equality in the maritime workplace because... Read more


DNV verifies Survitec’s new firefighting foam tests

(Posted on 15/07/21)

Classification society DNV has issued a verification statement allowing global survival technology specialist... Read more


METIS contributes digital expertise to EU sustainability project

(Posted on 15/07/21)

METIS Cyberspace Technology is contributing to an EU-backed project that will test clean energy solutions... Read more


Wärtsilä launches major carbon-free solutions test programme

(Posted on 15/07/21)

The technology group Wärtsilä continues to lead the ongoing transformation of the energy and... Read more


Port of South LouisianaVan AalstBühler GmbHCoaltrans Asia 2021CimbriaThe Wolfson Centre for Bulk Solids Handling Technology
  • TMS Awards 2021
  • TOC Events

Subscribe to our newsletter

Keep up to date with the latest global news in bulk cargo handling and shipping