A forensic review of your vessel's operational expenditure at invoice level. Most vessels bleed 15–22% above the benchmark for their type and trade without ever knowing which line item is responsible. We find it.
Ship management OpEx overruns are rarely a single large item. They are usually a pattern of smaller overspends — procurement markups that compound over time, port disbursement accounts that are never reconciled against port tariffs, maintenance items that are deferred until they become emergency repairs, or crew costs that drift above market because the rotation is not managed tightly.
The answer is not in the summary report. It is in the invoices. Seavantek reviews OpEx at invoice level — cross-referencing actual spend against the benchmark for that vessel type and trade route, identifying which specific categories are above expected levels, and tracing each category back to the procurement or operational decision that created it.
The output is not a list of problems. It is a specific, actionable set of changes — with the numbers that justify each one.
Invoice-level OpEx review — 12–24 months of actuals
Benchmark comparison — by vessel type, age, and trade route
Category analysis — procurement, crew, port, maintenance, dry dock
Procurement audit — vendor pricing vs. market, markup identification
Port disbursement review — actual vs. tariff vs. approved budget
Maintenance pattern review — reactive vs. planned ratio, emergency repair cost
Crew cost analysis — wages, overtime, rotation efficiency
Written findings & recommendations — specific actions with estimated savings
We request 12–24 months of monthly OpEx reports and supporting invoices by category. All data is handled confidentially and not shared outside the engagement.
Invoice-level review category by category. Each category is benchmarked against the expected range for your vessel type, age, and trade. Anomalies are flagged and traced back to source.
Written report identifying which categories are above benchmark, by how much, and why. Each finding references the specific invoice or pattern of invoices that support it.
Specific recommended changes with estimated annual savings per item. Changes are ranked by impact and ease of implementation. We stay available for questions during implementation.
Summary reports show you the total. The overrun is in the individual invoice. We read invoices the same way we read a class survey record — looking for what does not match what it should say.
Every finding is compared against the expected range for your vessel type and trade. “High” is only meaningful when there is a reference point. We provide the reference point.
The output is not a general comment about procurement discipline. It is a specific invoice, a specific vendor, and a specific figure that is above where it should be.
Across vessels we have reviewed, operational spend 15–22% above the expected range for that vessel type is common when no independent review has been done in the prior 24 months.
We do not produce a report and leave. The findings come with specific recommended changes, estimated savings, and an indication of how difficult each change is to implement.
All financial information shared with us is handled under a strict confidentiality undertaking. We do not share, reference, or benchmark against your data outside the engagement.
Every vessel has cost leaks — in procurement, maintenance scheduling, crew overtime, or port disbursements. We map operational expenditure line by line against what a comparable, well-run vessel should cost, and show you exactly where the gap is.
If your operation isn't turning the margin it should, we run the same kind of review on your finances that we run on a vessel's documentation — and tell you exactly which cost centre is bleeding the most profit, not just that profit is down.
A vessel's annual spares budget running well above sister-vessel benchmarks usually isn't a sign the vessel needs more spares — it's a sign a vendor relationship needs scrutiny. We find the variance and show you which one it is.
Tell us about your fleet and where you think the problem is. We will tell you what an OpEx audit would involve for your specific situation.
Tell us about the problem →