Audit Services
Comprehensive audit of demurrage liabilities and recoverable losses across charterparty operations, laytime calculations, and port delay exposure.
- Charterparty demurrage clause analysis
- Laytime calculation verification across all voyages
- Port congestion and delay cost reconciliation
- Recoverable demurrage identification and quantification
- Counterparty dispute exposure assessment
- Historical demurrage trend analysis and forecasting
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Audit of freight contract performance against market rates, contracted terms, and operational execution. Identifies variance sources and recoverable amounts.
- Freight rate vs. market benchmark variance analysis
- Contract compliance verification across all routes
- Fuel surcharge and bunker adjustment reconciliation
- Volume commitment and minimum quantity exposure
- Carrier performance penalty assessment
- Route optimization and cost recovery recommendations
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Full reconciliation audit of trade finance instruments — letters of credit, documentary collections, guarantees — against underlying physical flows and settlement obligations.
- Letter of credit discrepancy identification
- Documentary collection compliance verification
- Physical vs. financial flow reconciliation
- Counterparty credit exposure quantification
- Settlement timing and FX exposure analysis
- Bank fee and margin cost optimization review
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Assessment of cargo loss exposure across commodity transport chains, including quality degradation, quantity shortages, contamination events, and insurance recovery gaps.
- Cargo quantity shortage analysis across all routes
- Quality degradation and contamination event audit
- Insurance coverage gap identification
- Claims recovery rate and timeline assessment
- Storage and handling loss quantification
- Liability allocation across transport chain parties
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