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2 min read

Marlo vs. Nextvoyage: Why Mid-Size Shipping Companies Need More Than Voyage Management

Marlo vs. Nextvoyage: Why Mid-Size Shipping Companies Need More Than Voyage Management

 

Nextvoyage delivers core voyage management. For shipping companies whose primary requirement is chartering, operations, and voyage accounting, it covers the fundamentals the workflow demands.

The problem is that voyage management is no longer the whole job.

Regulatory obligations around EU emissions, CII scoring, and counterparty sanctions have expanded materially. CFOs increasingly need real-time cashflow visibility tied to operational data, not monthly reports produced outside the system. Finance teams are managing loans, covenants, and multi-currency accounting in tools that were never designed to connect to voyage data.

The real cost of a system that handles voyages but not finance, compliance, or banking shows up at month-end, during a regulatory audit, or when a lender asks for a cashflow projection and the answer requires three spreadsheets.

Marlo is built for what comes after the voyage.

 

What Nextvoyage Covers

Nextvoyage offers voyage estimation, chartering and fixture management, voyage operations tracking, laytime and demurrage calculation, bunker management, and voyage accounting. Its core strength is the voyage management workflow. For companies whose operational need is squarely in that lane, it delivers.

 

What Marlo Adds

Marlo starts where Nextvoyage finishes.

Finance and banking, native to the platform. Marlo is the only maritime platform that combines voyage management with a built-in business banking account, FX transfers, corporate cards, and loan tracking. You manage money where you manage voyages.

Real-time analytics, not basic reports. Marlo's dashboards deliver live visibility into voyage P&L, cashflow, fleet valuations, and counterparty credit scores. Nextvoyage offers basic data visualisation. Decisions made while a voyage is in progress carry more weight than reports reviewed after it closes.

Compliance without bolt-ons. Sanctions screening, CII monitoring, and EU ETS emissions tracking are native to Marlo. No third-party add-on, no manual spreadsheet process, no compliance gaps. Nextvoyage does not include these capabilities in its platform.

Covenant and loan tracking connected to voyages. Marlo connects debt management to operational performance. Finance teams see loan obligations and covenant thresholds alongside voyage financials in the same view. Nextvoyage does not offer loan or covenant tracking.

Accounting software sync. Marlo connects natively to Xero and QuickBooks, pushing voyage-level financials directly into your ledger. Invoices, payments, accruals: all mapped and synced automatically. Nextvoyage does not offer native accounting software sync.

Cashflow forecasting from operational data. Project future cashflows based on open voyages, pending invoices, loan repayments, and expected freight. Marlo connects the operational layer to financial projections automatically. The CFO does not need a separate tool or a separate process.

 

A Transparent Look at Pricing

Marlo starts at £500 per month, or £5,400 per year on an annual subscription. Five users are included. Additional users are £100 per month. A seven-day free trial is available with self-service sign-up.

Nextvoyage does not publish pricing. 

 

Who Marlo Is Built For

Marlo is purpose-built for mid-size shipping companies that have outgrown spreadsheets and disconnected tools, but do not need the cost and complexity of enterprise freight platforms. The scope included in Marlo's base plan covers the full platform: voyage management, finance, banking, compliance, and analytics.

If your team needs those functions to work together in one system, Marlo is designed for that.

Start a free 7-day trial at marlo.co

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