Tag: Compliance

Fixed Assets

Fixed AssetsFixed Assets module is designed for registration and grouping of assets per company and installation places. Ability to create automatic Purchase entries of new assets, and increase the value of an asset. Depreciation of all assets and automatic entries to Marine Accounting module are available. This module provides all the necessary tools to manage your maritime assets’ financial and tax reporting. Sophisticated depreciation features perform calculations quickly and easily. Reporting is available to print labels for each group item, and the Depreciation report for specific period that includes the previous, current and remaining amounts of each item. Vessel depreciation/amortization which depends on the remaining useful life (RUL) and the type of the vessel is inclusive

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Greek Accounting

Greek AccountingIncome and Expenses module presents company financial statements according to Greek General Chart of Accounts, (2nd Category Books). Taxable companies who keep category books and file VAT returns based on the type of their business entity (Ltd-SA) leverage on the automated functionalities of this module in order to create all required financial statements and reports based on the Greek Law Requirements. Income and Expenses Module monitors and ensures compliance with the Code of Tax Reporting of Transactions (KFAS) and all relevant provisions, circulars, guidance or Ministerial Decisions that have been issued in relation to the Code of Books and Records (CBR).
 Greek Supplement (3rd Category Books)


Greek Supplement module presents company financial statements according to Greek General Chart of Accounts, (3rd Category Books). Taxable companies who keep category books and file VAT returns based on the type of their business entity (Ltd-SA) leverage on the automated functionalities of this module in order to create all required financial statements and reports based on the Greek Law Requirements. Income and Expenses Module monitors and ensures compliance with the Code of Tax Reporting of Transactions (KFAS) and all relevant provisions, circulars, guidance or Ministerial Decisions that have been issued in relation to the Code of Books and Records (CBR).

Electronic Oil Record Book

Electronic Oil Record BookDanaos Oil Record Book Software (available as a native mobile app) is the complete solution for keeping Oil Record Book “clean of errors”. Vessels where MARPOL Convention is applicable should keep and update the Oil Record Book, where the Chief Engineer should record all oil or sludge transfers and discharges within the vessel.
DANAOS ORB offers:

  • Direct data recording
  • Electronic data backup
  • Electronic signature for data entry
  • Facilitating access and control for the Technical Department
  • Modification of wrong entries by verified user
  • Accommodate machinery and cargo operations

Danaos Oil Record Book Software enables the punctual monitoring and record keeping of Oil Record Book regulations, allowing both shore side and vessel side counter parties to have situation awareness, minimizing the risk of non-conformities

Risk Assessor

Risk AssessorThe Risk@Assessor is a structured risk assessment program for ships operation covering operational, accident, security and environmental risks with a unified approach. RAP considers risk assessment as an endless procedure utilizing business learning mechanisms based on industry and company previous experiences. An integration approach of hazardous processes risk estimation with evaluation of hazardous events consequences is provided to support:
Risk Assessor estimates risks with accuracy (according to the Code of Safe Working Practices for Merchant Seamen published by MCA, which is based on BS 8800 standard) and Risk Manager implements plan of actions to reduce the consequences or the probability of occurrence (Risk management definition BS 4778).