Also introducing Navarik VEF, the trusted industry standard for VEF calculations.
Loss Control plays a vital part in determining the cost and timeliness of trade settlement based on the ability to review and validate shore tank measurements. Due to the nature of reported VEFs most organizations are not able to sequentially track vessel port call logs and benchmark against previous reports to catch anomalies.
Navarik is the leading provider of aggregated inspection data containing the vessel’s historical ship and shore volume measurements.
Navarik processes all complete independent inspection reports from across the oil industry to provide a comprehensive set of voyages for a VEF calculation. Navarik VEF is an independent calculation and therefore includes ALL voyage data unless it is incomplete or inaccurate.