Marlo

Marlo is Enterprise Resource Planning (ERP) software for dry bulk, tankers, and commercial shipping companies. It helps users manage chartering, voyage P&L, accounts, and banking – all on one platform. The platform offers a suite of features spanning, accounting, receivables, payables, analytics, loans, and FX transfers. In addition, it comes with a sanction screening, covenant monitoring, CII rating management, emissions tracking, and a centralized maritime email inbox. 

What Is Marlo Best For? 

This platform is best known for its ‘Chartering’ feature through which maritime companies can compare routes, rates, and costs. They can also estimate voyage expenses and check vessel status in real-time. Using this feature, teams can compare voyage estimates, plan cost-effective routes, and manage freight contracts by sharing cargo and special teams. It also comes with additional tools for carbon cost calculations and CII ratings that can help assess environmental impacts and emissions trends across voyages.  

How Much Does Marlo Cost? 

Marlo has a starting price of £500/month for its Starter plan with maritime intellgience and utility management capabilities. There is also an Enterprise plan with custom pricing. It also has a 7-day free trial.  

In addition to the base subscription cost, organizations should keep the following potential hidden costs in mind: 

• Additional Users: £100/user/month ($135 to $150/user/month) 
• App Integrations And Accounting Add-Ons: £200 to £1,800/month ($270 to $2500/month) 
• Implementation And Onboarding: £1,000 to £6,000 (one-time fee) ($1400 to $8200) 

Disclaimer: The pricing is subject to change. 

Marlo Integrations 

Marlo integrates with: 

• Microsoft Dynamics 365
• NetSuite
• Oracle

How Does Marlo Work? 

Here’s how you can get started with Marlo after successful onboarding and setup: 

• Log in to the platform using the credentials provided to access the workspace and view the modules and information available to your organization 
• Navigate to the side menu in order to check modules such as Vessels, Estimates, Voyages, Receivables, Payables, Banking, and Analytics 
• Monitor live vessels, ongoing voyages, approval queues, payment schedules, and important alerts by means of the Overview Dashboard 
• Use the ‘Chartering’ module to create and analyze estimates, manage cargoes, and oversee voyage fixtures or time-charter activities 
• Review operational performance, profitability, receivables, payables, vessel valuations, credit scores, and other business indicators through the Analytics dashboards 
• Check notifications and approvals in the navigation area so that you can keep track of your workflow updates, pending actions, and reminders 

CFOs Avoiding Loan Covenant Breaches On Vessel Financing  

Marlo can help businesses manage reporting metrics like Debt-Service Coverage Ratio, Loan-to-Value, and debt-to-EBITDA to lenders on a set schedule through its ‘Loans’ and ‘Covenants’ modules. CFOs can input the specific covenant ratios required by the company’s financing agreements, with the platform alerting them when a metric approaches a critical limit. As a result, finance controllers can use the lead time gained to adjust voyage plans or DA forecasting. 

Commercial Managers Screening Counterparties And Monitoring CII Before Regulatory Reporting Is Due 

Marlo supports chartering and commercial managers in running sanctions screening against global sanctions lists before finalizing a contract using its ‘Sanctions’ module. This lets them know whether a counterparty, such as a charterer or broker, is on a sanctions list before fixing a cargo. In addition, with its CII Calculator, operations managers can track each vessel’s carbon intensity score with every voyage. They can thus track fleet-wide carbon intensity ahead of EU ETS and CII reporting deadlines.   

Is Marlo Right For You? 

If you run a shipping company and want to connect chartering decisions with voyage operations, Marlo might be a suitable choice for you. With its Estimate Builder, teams can compare route, rate, bunker, P&L, CII, and emissions scenarios before committing to a fixture. Meanwhile, the Operations module can track voyage costs against actual performance. 

Marlo helps finance teams through its receivables, payables, banking, loans, and covenant monitoring within the same environment. Vessel owners and operators can also utilize its Valuations and Dashboards to monitor fleet value, profitability, cash flow, and operational performance without maintaining separate spreadsheets.  

For teams looking to ensure maritime compliance, its CII ratings and emissions data make it a valuable asset.   

Still unsure about Marlo? Connect with us at (661) 384-7070 for further guidance!