The Challenge
The Charter Party Comparison Challenge
During the pre-fixture process, chartering teams face a critical but time-consuming task: comparing their working charter party against their base template to ensure they haven't missed anything important or accepted unfavourable terms.
This manual review process often means scanning through dozens of clauses looking for missing terms, ambiguous language, or conflicts that could create operational or financial risks later.
The stakes are high. A missing time frame for bills of lading authority, unclear stevedore liability terms, or silent clauses around charterer exclusive rights can lead to disputes, unexpected costs, or operational complications down the line.
The Solution
AI-Powered Contract Comparison
Marcura’s risk analysis and comparator AI agent automates this entire process. The AI systematically compares your working CP against your base template, identifying:
Missing clauses that should be present
Silent or ambiguous terms that lack clarity
Charterer exclusive rights and options that may be disadvantageous
Liability issues around stevedoring, bills of lading, and other critical areas
Conflicts between your working and base charter parties
Instead of manually reviewing every clause, chartering teams can now spot potential issues in seconds and turn these insights into negotiation opportunities.
See it in action:
The risk analysis and comparator tool is one of a rapidly growing suite of AI capabilities now in production and ready for use by customers, either within the Marcura productivity suite or embedded into existing workflows via API integration.
