Unlocking Insights - Prosmar's World Map and Regional Adjustment Module
[Oslo, Norway - 18th March 2025]
What is Regional Adjustment Anyway?
In the competitive world of shipping, having oversight of your fleet's positional financial performance and risk profile is essential. Prosmar Risk's World Map and Regional Peg Adjustment Module empowers shipping companies to make properly informed decisions by providing a dynamic representation of fleet positions, and future earnings, with respect to the advantage or disadvantage of where the fleet is coming open.
Key Features and Benefits:
Geographical Exposure Mapping
The World Map module offers an intuitive and automated interface where users can:
View the geographical positions of their fleet and their next open position, categorized by a custom and client specific region setup.
Attach future cargos and COAs to their respective regions based on the loading port.
Identify ship types and classes for quick recognition and tracking of concentration of assets in a region or basin.
Exclude ships with no open exposure to declutter the view.
Display redelivery dates for ships with optional periods to assess potential value remaining on the books.
The Prosmar World Map
Designed for usability, and flexibility; with unlimited options to customize regions, settings and rules.
Pegging Your Future Voyages
Set up regional "Pegs" for future voyages to dynamically adjust the underlying benchmark or index percentage to ensure a specific basis for mark to market calculations.
Automatically remove existing pegs and prioritize new ones when new voyages are registered.
Access a dedicated Peg Editor tab to conveniently manage, edit, and remove pegs for each region. Pegs can be added on an ad hoc basis or via an automated logic setup.
Automatically update the World Map in addition to your risk and earning calculations when peg details are modified.
The Prosmar ‘Peg’ System
With either an automated algorithm or the flexibility to manually add adjustments by hand; the peg system can make adjustments to forward mark to market, without affecting other measures such as delta.
How It Works
Automated Data Importing: API connections with your data automatically pull relevant information on fixtures into the Prosmar system.
Positioning and Classification Prosmar’s algorithms automatically ensure ships and cargos are mapped based on the relevant ports and pushed onto the map.
Automated Peg Handling When a new voyage is entered, the system applies the most relevant peg based on the opening date and location. Manual adjustments can be made and override the automatic factors used, if needed.
Customizable Visualization Users can customize the interface to fit their fleet structure, benchmarking needs, and color-coding preferences.
Why these Adjustments Matter:
With this system, shipping companies can:
Efficiently monitor fleet positions and performance, especially build up per region.
Strategically plan future voyages, and assess synergies between you fleet and cargo book.
Optimize the value of their portfolio through accurate TCE estimation, adjusted for specific regional factors.
Enhance decision-making by building their risk profile on the basis of these adjusted benchmarks, adding more relevance to VaR and scenario simulations.
In Conclusion
Prosmar's World Map and Peg Adjustment System is an innovative and proven solution which can allow you to stay connected to the positional element of shipping. By integrating cleaned up data, visual insights and a customized regional system, this module streamlines chartering and unlocks new opportunities for maximizing profitability.
If you’re ready to gain a competitive edge, contact us to learn more about how Prosmar Risk can help transform your strategy.