Commodity traders are at the heart of the physical commodity supply chain. For each cargo, a trade execution team engages several counterparties, contracts, and demurrage payable and receivable claims. To calculate, track, and settle demurrage can be a complex and lengthy undertaking.

From our founding BV has been designed for speed, flexibility, and accuracy to meet the demanding needs of commodity traders across the dry bulk industry.

Commodity purchase and sale contracts done on a FOB or CIF basis include demurrage exposure, introducing uncertainty to your Profit & Loss. A single voyage may also include cargo for multiple suppliers/receivers, making calculating demurrage cost allocation complex.

With BV producers can quickly manage laytime for every kind of contract - making pro-rata demurrage settlement fast and efficient. 

For shipowners trading a fleet of bulk carriers on voyage charters worldwide, the work of recovering every dollar of demurrage is crucial given the lengthy time involved in settling demurrage claims.

With BV shipowners can quickly calculate laytime for complex port calls and lengthy Statement of Facts.

Shipbrokers and port agents are under constant pressure to deliver quality service faster and at a lower price.

BV's platform enables brokers and agents to process demurrage calculations quickly and accurately, decreasing overhead and providing their clients with greater value.