Maritime Contract Intelligence

Laytime calculated.
Demurrage filed.
Before they open Excel.

Kario reads charter party terms, port logs, and statements of fact to auto-calculate laytime, flag every claimable exception, and generate a court-ready demurrage claim — in 18 minutes.

18 min
avg. calculation time
$40B
annual demurrage market
10×
analyst productivity lift
KARIO · VOYAGE ANALYSIS PROCESSING
Vessel & charter party
VesselMV Nordic Crown
CP FormBIMCO Gencon 2022
RouteRotterdam → Jurong
Extracted laytime terms
Rate10,000 MT/day SHINC
ConditionsWIBON · WIPON
ExceptionWeather · Holidays
Laytime computation
Time allowed72h 00m
Time used78h 45m
On demurrage6h 45m
Demurrage due
$0.00
Dispute risk: LOW 94% confidence
$40B+
Global demurrage value settled annually
2–3 days
Manual laytime calculation per voyage
6-fig.
Average value per demurrage dispute
700+
Active commercial ports tracked globally
The problem

Shipping runs on arcane math
done in spreadsheets and email

01
Document chaos across every voyage

A single voyage generates a 200-page charter party, handwritten statements of fact from port agents, NOR tenders via email, berth notes, and weather logs. None of it is structured. All of it is legally operative in a demurrage dispute.

02
Clause interpretation is a battlefield

WIBON, WIPON, SHINC, SHEX, FHINC — the same terms mean subtly different things depending on jurisdiction and custom. Shipowners and charterers each read the same clause to their own advantage. Both cite legal precedent. Both are right, partially.

03
Missed exceptions bleed six figures per year

The average manual calculation misses 3–7 claimable time exceptions per voyage. Each exception is worth $5K–$50K. Across a fleet, this is a systematic, invisible revenue leak that nobody has the tools to audit — until it's already lost.

04
Stale claims, weakened positions

Claims are filed weeks after discharge, by which point port agents have moved on, logs are incomplete, and counterparties know exactly how to exploit the delay. Speed is a legal advantage in demurrage — and most operators file dangerously slow.

The platform

Three layers of intelligence.
One defensible claim.

Contract Parser

Reads any charter party format — BIMCO, Shellvoy, Asbatankvoy, or fully bespoke — and extracts every operative laytime clause, its conditions, exceptions, and legal hierarchy. No templates, no manual tagging, no missed clauses buried in addenda.

BIMCOShellvoyAsbatankvoyCustom CPs
Laytime Engine

A deterministic, auditable rule engine — not a large language model — applies extracted terms to port logs and SOFs. Every second of allowed, excepted, or demurrage time is traced back to a specific source document line. Defensible at LMAA arbitration.

SHINC / SHEXWIBON / WIPONPort exceptionsHoliday DB
Dispute Predictor

An ML model trained on LMAA, SCMA, and AAA arbitration outcomes scores every contested time period before you file. Know exactly where your counterparty will push back, how strong their position is — and which disputes are worth taking to arbitration.

LMAA outcomesSCMA precedentsClause strengthCounterparty diff
How Kario works

From charter party to filed claim.
In 18 minutes.

01 — INGEST
Document intake

OCR and normalization of charter parties, SOFs, NOR tenders, and port logs from any format — PDF, scanned fax, emailed handwritten notes from port agents.

02 — PARSE
Clause extraction

Fine-tuned LLM reads the CP and extracts every laytime clause, its conditions, and exception hierarchy — tolerating the ambiguity of real contract language.

03 — CALCULATE
Laytime computation

Deterministic rule engine applies extracted terms to timestamped port events. Port-specific holiday calendar and local customs database applied automatically.

04 — FLAG
Dispute intelligence

Dispute model scores each contested time period for arbitration probability. Every flag annotated with relevant case law and clause interpretation strength.

05 — CLAIM
Claim generation

Auto-drafts a formal demurrage claim with full audit trail, source-traced calculation worksheet, and supporting exhibits. Ready to send. Ready to defend.

KEY ARCHITECTURE NOTE

Kario uses a hybrid architecture: an LLM only for document parsing — where tolerance for contractual ambiguity and varied phrasing is essential — and a deterministic rule engine for calculation, where every second must be auditable to its source. This separation is the product. "The AI calculated it" is not a defensible answer in arbitration. A timestamped rule trace is.

Before & after

What changes when Kario
runs your voyage operations

Without Kario

Ops team spends 2–3 days manually extracting CP terms and rebuilding a laytime sheet in Excel. One analyst, one voyage, one spreadsheet that no one else can read.

3–7 claimable exceptions missed per voyage because port holiday calendars and local customs live in nobody's head and certainly not in any system.

Dispute discovered when the counterparty files a counter-claim weeks post-discharge. No time to rebuild the case from stale logs and unavailable port agents.

Two teams, two spreadsheets, no systematic way to find where the numbers diverge — just competing emails and protracted, expensive negotiation.

With Kario

Kario reads the CP and SOF and returns a complete, source-traced laytime sheet in 18 minutes. One analyst now manages 10× the voyage volume with full audit trail.

Port exception database auto-applies local rules across 700+ ports. Every defensible minute is captured and cited to a specific source document line.

Dispute points scored at calculation time. Claim filed within days of discharge while evidence is fresh, logs are available, and port agents remember the voyage.

Counterparty diff engine pinpoints every disagreement to the hour, annotated with case law strength rating — shortening disputes from months to days.

Who uses Kario

Built for the operators who
carry the contractual risk

Primary buyer
Ship operators & owners

Dry bulk, tanker, and breakbulk operators running 50–500 voyages per year. Every day's delay on a demurrage claim is a day's cash flow lost. They have the most to gain from faster, more complete recoveries — and the most to lose from slow, incomplete ones.

Pacific BasinDiana ShippingGolden Ocean
Highest ACV
Commodity trading houses

Trafigura, Vitol, Glencore, and Cargill move hundreds of voyages per month. They need to validate and contest owner claims at scale — one ops analyst cannot keep up. Highest contract value of any segment. Most resistant to status quo.

TrafiguraVitolGunvorCargill
Distribution channel
P&I clubs & maritime law

UK P&I, Gard, Steamship Mutual, and top maritime law firms in London, Singapore, and Houston handle hundreds of demurrage disputes annually. Kario offers white-label calculation infrastructure on a revenue-share basis — aligning incentives completely.

UK P&IGardHFWSteamship Mutual
Defensibility

Four moats that compound
with every voyage processed

Arbitration training data

LMAA, SCMA, and AAA arbitration awards are public but entirely unstructured. Building a clean, queryable dataset of outcomes, clause interpretations, and contested time periods is a 12–18 month head start that grows more valuable with every voyage Kario processes. Competitors start from zero — and the model improves continuously from both sides of every dispute.

Port exception database

700+ active commercial ports globally — each with its own public holiday calendar, local port customs, historical berth congestion patterns, and conventional exceptions. No competitor has this compiled. It requires continuous maintenance from port agents and local maritime counsel around the world, and Kario enriches every single calculation with it automatically, without the operator lifting a finger.

Two-sided network effects

When both owner and charterer use Kario, the dispute workflow is automated end-to-end: each side sees the same source-traced calculation and can challenge specific time periods with one click. Each dual-sided transaction improves dispute prediction accuracy for the entire network. Classic data flywheel — the more voyages, the better the model, the stronger the moat against any new entrant.

Charter party template lock-in

Once a trading house standardizes its bespoke charter party template parsing inside Kario, switching costs become enormous. Every internal workflow, every historical calculation, every settled dispute record lives in the platform. The more voyages processed, the harder it is to migrate — and the harder it is for any competitor to match the institutional knowledge embedded in a customer's Kario instance.

Competitive landscape

Why incumbents lose —
and why the timing is now

Orca Systems / Q88

Legacy vessel management platforms from the early 2000s. Offer manual laytime templates and spreadsheet exports. No AI, no document parsing, no dispute intelligence. The "technology" is Microsoft Excel with a maritime skin — and a price tag to match.

No AIManual input onlyNo dispute layer
Clarkson's / Braemar

Brokers and market data providers with deep fixture and rate data. They are not software companies and have no contract execution layer, no automation. Their data is valuable as an input to Kario — not competition for it.

Data, not softwareNo contract executionNo automation
Internal Excel tooling

Every major trading house has a bespoke laytime spreadsheet built by someone who left three years ago. Tribal knowledge. No audit trail. No exception database. No dispute prediction. The most common "competitor" — and the easiest to displace because the cost of staying is already enormous.

No audit trailTribal knowledgeNo exceptions DB
Kario — a new category

The only AI-native, document-first contract execution layer in maritime. Not a data provider, not a broker tool, not a spreadsheet upgrade — a new category entirely: maritime contract intelligence. First to own this position owns the workflow for the entire industry.

AI-nativeDocument-firstCourt-defensibleNew category
Pricing

Aligned with every dollar
you recover

Voyage
$80–$200
per voyage calculation
  • Operators running 50–200 voyages per year
  • Full laytime calculation + claim draft
  • Port exception database included
  • No annual commitment required
  • Scales directly with fleet activity
Get started
White-label
5–8%
of recovered demurrage claims
  • P&I clubs and maritime law firms
  • Full white-label branding available
  • Revenue-share aligns incentives completely
  • Massive upside per dispute resolved
  • Bulk portfolio management dashboard
Talk to us
Go-to-market

Start with the handler.
Win the house.

The person who loses sleep over demurrage is not a VP — it's the ops analyst processing 15 voyages a week. Land bottom-up through this persona. When one analyst saves 10 hours a week and recovers $200K in a missed claim, the platform sells itself upward.

Phase 01 · 0–12 months
Acquire the handlers

Free voyage calculator. Acquire demurrage claims handlers at Greek, Singaporean, and Scandinavian operators. Every free voyage processed is training data for the dispute model and the port exception database.

Phase 02 · 12–24 months
Convert and expand

Convert operators to paid voyage plans. Launch the dispute predictor product. Close the first trading house enterprise deal. Target one P&I club partnership for white-label distribution and bulk portfolio volume.

Phase 03 · 24–36 months
Own the network

Counterparty network live — both sides of disputes on-platform. Expand into the full charter party lifecycle: fixture recap automation, performance claims, cargo quality disputes. The contract intelligence layer for all of maritime.

The team

Built by someone who
understands the contract

AB
Amit Bhartiya
Founder & CEO, Kario

Kario exists because the maritime industry's most valuable workflows — laytime, demurrage, charter party disputes — have been completely untouched by modern software. The incumbents are ancient. The spreadsheets are tribal. And every day of delay costs someone six figures.

The opportunity isn't to digitize shipping — it's to build the contract intelligence layer the industry has never had: one that reads the documents operators actually use, applies the law as arbitrators actually interpret it, and produces claims that hold up when it counts most.

Company
Kario — Maritime Contract Intelligence
Focus
Charter party automation, laytime calculation, demurrage dispute resolution
Market
Dry bulk, tanker, and commodity trading — global
Contact
amit@kario.io
Get started

Your next claim should
take 18 minutes.

Kario gives demurrage teams the calculation infrastructure that's faster, more complete, and defensible under arbitration. Request a demo — we'll run a live calculation on your actual charter party.