# Contract management for shipping companies Source: https://contracko.com/industries/shipping # Contract management for shipping companies From charter parties and COAs to ship management agreements and port service contracts, manage every maritime document in one place. Track laytime, demurrage, and hire payment schedules automatically. [Start 7-day free trial](https://app.contracko.com/register) No credit card required, cancel anytime. ## Never let a contract slip through the cracks Stay on top of every deadline, renewal, and obligation with powerful automation and AI-powered insights. ### Extract charter party terms without manual review Upload voyage or time charters and our AI identifies freight rates, hire rates, laytime allowances, demurrage provisions, off-hire triggers, and redelivery conditions so you can assess your position across your fleet. ### One platform for your entire fleet portfolio Organize charter parties, COAs, ship management agreements, and port agency contracts by vessel, counterparty, or trade route. Find any contract instantly when disputes or payment queries arise. ### Stay ahead of laycan and hire payment deadlines Configure reminders for hire payment dates, laycan windows, COA volume trigger dates, and drydocking milestones. Protect your revenue and vessel operations from missed contractual deadlines. ## Common contract types Store, track, and manage all your agreements in one centralized platform—no more scattered files or missed deadlines. ### Charter parties Voyage and time charter contracts between ship owners and charterers covering hire rates, laytime, demurrage, and redelivery conditions. ### Contracts of affreightment Long-term volume commitments between shipper and carrier covering freight rates, voyage frequency, and cargo description. ### Ship management agreements Contracts delegating vessel technical and crew management to third-party ship managers under BIMCO SHIPMAN or similar terms. ### Port agency agreements Agreements appointing port agents to handle vessel calls, cargo operations, and port disbursements on behalf of owners. ### Bunker supply contracts Agreements for fuel supply covering quality specifications, quantity, price, delivery point, and liability for off-spec fuel. ### Ship repair and drydocking agreements Contracts with shipyards for scheduled maintenance, emergency repairs, and class survey work covering scope, price, and delivery. ## Save time and reduce risk Automate tedious tasks, eliminate missed deadlines, and gain full visibility into your contract portfolio. ### [Charter party and COA repository](https://contracko.com/features/contract-repository) Store all charter parties, COAs, and ship management agreements in one searchable platform organized by vessel, route, or counterparty. ### [Hire and freight payment alerts](https://contracko.com/features/expiration-reminder) Get notified before hire payment dates, freight settlement deadlines, and laycan windows close so you never miss a critical payment trigger. ### [AI extraction of laytime and demurrage terms](https://contracko.com/features/ai-contract-analysis) Automatically extract laytime allowances, demurrage rates, dispatch provisions, and off-hire triggers from charter parties and COAs. ### [Drydocking and survey deadline tracking](https://contracko.com/features/contract-tracking) Track class survey dates, drydocking windows, and repair contract milestones so vessels stay compliant and off-hire time is minimized. ## Frequently asked questions Get answers to common questions about managing contracts in your industry. - **Q:** Can Contracko track laytime and demurrage across multiple charter parties? **A:** Yes. You can store laytime allowances, demurrage rates, and dispatch rates as custom fields on each charter party. The AI analysis feature extracts these terms from uploaded documents. While Contracko does not calculate laytime statements, it gives your operations team the contract terms they need quickly. - **Q:** How does Contracko handle BIMCO standard form charter parties? **A:** Contracko's AI analysis handles BIMCO standard forms including GENCON, BALTIME, and NYPE, as well as custom and rider clause addenda. It flags departures from standard terms and extracts key commercial provisions so your team can focus on what matters. - **Q:** We manage multiple vessels. Can each vessel have its own contract portfolio in Contracko? **A:** Yes. You can organize contracts by vessel using tags, categories, or custom fields. Each vessel's charter parties, management agreement, bunker contracts, and repair agreements can be stored separately while remaining searchable across your entire fleet. - **Q:** Can Contracko track COA volume commitments and voyage scheduling obligations? **A:** Contracko lets you store COA volume commitments and schedule dates as trackable fields and set reminders before trigger dates arrive. This keeps your commercial and operations teams aligned on upcoming obligations without relying on spreadsheets. ## Related industries Explore how Contracko helps similar industries streamline their contract workflows. ### [Logistics & Distribution](https://contracko.com/industries/logistics) ### [Manufacturing](https://contracko.com/industries/manufacturing) ### [Retail & Wholesale](https://contracko.com/industries/retail-wholesale) ### [E-commerce](https://contracko.com/industries/ecommerce) ### Keep your fleet contracts as well-maintained as your vessels Ship owners, operators, and charterers use Contracko to track charter parties, COAs, and management agreements. Start your free trial today. [Start 7-day free trial](https://app.contracko.com/register) [View pricing](https://contracko.com/pricing)