EverBL
EverBL harnesses the power of document AI to extract, analyze, and audit maritime trade documentation, unlocking insights that drive better commercial decisions.
Transform lengthy charterparties, contracts of affreightment, and bills of lading into structured, searchable digital formats. EverBL's AI-powered processing engine understands maritime terminology, extracts key commercial terms, and enables powerful auditing capabilities that reveal discrepancies and opportunities.
Core Capability
VCP Digitization
Voyage Charter Parties (VCPs) contain critical commercial terms that govern individual voyages—laytime allowances, demurrage rates, cargo specifications, and port requirements. EverBL's AI extracts these terms from complex, often lengthy VCP documents, transforming them into structured, searchable data.
The digitization process recognizes standard charterparty clauses, identifies custom terms, and structures the information for immediate use in laytime calculations, voyage planning, and commercial analysis. What once required hours of manual review can now be processed in minutes.
Key Terms Extraction
Automatically identifies laytime allowances, demurrage rates, cargo specifications, and port requirements from VCP documents.
Structured Format
Converts unstructured charterparty text into organized, searchable data that integrates seamlessly with BV Laytime and SAILFAST.
Rapid Processing
Processes lengthy VCP documents in minutes, eliminating hours of manual data extraction and entry.
Core Capability
COA Digitization
Contracts of Affreightment (COAs) are comprehensive agreements that govern multiple voyages over extended periods. These documents can span hundreds of pages, containing complex terms, cargo specifications, rate structures, and performance requirements. EverBL's Contract Registry digitizes these lengthy COAs, storing them in structured digital format for post-processing and analysis.
Multi-Voyage Management
Extracts terms that apply across multiple voyages, enabling consistent application of commercial terms throughout the contract period.
Rate Structure Analysis
Identifies and structures complex rate schedules, cargo allowances, and performance requirements for easy reference and analysis.
Once digitized, COAs become searchable repositories of commercial intelligence. Query specific terms, compare clauses across contracts, and identify patterns that inform trading and chartering decisions. The Contract Registry ensures that critical commercial information is never buried in lengthy documents.
Core Capability
BOL Digitization
Bills of Lading (BOLs) serve as receipts, contracts, and documents of title in maritime trade. EverBL digitizes BOLs, extracting cargo details, quantities, dates, parties, and special instructions into structured formats that enable comprehensive trade analysis.
The AI recognizes various BOL formats—straight bills, order bills, and negotiable instruments—understanding the commercial significance of each type and extracting relevant information accordingly.
Cargo Information
Extracts cargo descriptions, quantities, weights, and special handling requirements from BOL documents.
Party Details
Identifies shippers, consignees, notify parties, and carriers for complete trade documentation.
Trade Analysis
Enables analysis of cargo flows, trade patterns, and commercial relationships across your document corpus.
Core Capability
VCP vs COA Auditing
One of EverBL's most powerful capabilities is automated auditing between Voyage Charter Parties and Contracts of Affreightment. When a voyage is performed under a COA, the VCP terms must align with the master COA agreement. EverBL automatically compares these documents, identifying discrepancies, conflicts, and opportunities.
Automated Discrepancy Detection
The auditing engine compares VCP terms against the governing COA, flagging inconsistencies in:
Rate Discrepancies
Identifies when VCP rates deviate from COA rate structures or exceed agreed maximums.
Laytime Terms
Detects conflicts between VCP laytime allowances and COA requirements.
Cargo Specifications
Compares cargo types, quantities, and specifications to ensure compliance with COA terms.
Port Requirements
Verifies that VCP port selections align with COA geographic and operational constraints.
Compliance Assurance
Ensures that individual voyage agreements comply with master COA terms, reducing the risk of disputes and commercial conflicts.
Commercial Intelligence
Reveals patterns in rate negotiations, identifies opportunities for COA optimization, and provides insights into commercial relationships.
This automated auditing capability transforms contract management from a reactive, dispute-resolution process into a proactive, opportunity-identification system. By catching discrepancies early and understanding the relationship between COAs and VCPs, commercial teams can make more informed decisions and avoid costly conflicts.
Integration & Benefits
Seamless Integration
EverBL integrates directly with BV Laytime and SAILFAST, enabling digitized contract terms to flow automatically into laytime calculations and demurrage analysis.
Trade Insights
Analytics derived from your document corpus inform trading decisions, revealing patterns in cargo flows, rate structures, and commercial relationships.
Audit Trails
Complete audit trails for compliance and dispute resolution, with full visibility into document processing, term extraction, and discrepancy detection.
Contract Registry
Store lengthy COAs and BOLs in structured digital format for post-processing, analysis, and long-term commercial intelligence.
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