# Burmester & Vogel

> Burmester & Vogel is a Boston-based maritime technology company that uses AI and machine learning to automate laytime calculation and demurrage claim management for the shipping industry. Founded in Hamburg in 1983 as a traditional laytime firm, it has reinvented itself as the maker of the Demurrage AI Copilot - software that digitizes shipping documents, calculates delay time, and audits demurrage claims in seconds. It serves industrial producers, commodity traders, bulk terminals and shipowners across several hundred companies worldwide.

- **Founded:** 1983
- **Headquarters:** Boston, Massachusetts, United States
- **Founders:** Evangelos Efstathiou (CEO (current leader who drove the AI transformation))
- **Team size:** ~15 employees
- **Products:** Demurrage AI Copilot, SailFast, Laytime, PortIQ, EverBL
- **Notable:** Launched the Demurrage AI Copilot platform (2024) after a two-year development effort., Featured in The Maritime Executive for its AI-driven approach to laytime and demurrage., Acquired Laysoft laytime software in March 2025.

## Products & services

- **Demurrage AI Copilot** — Cloud platform that processes, digitizes and standardizes shipping documents in seconds, compares Statements of Facts against demurrage claims, and delivers side-by-side comparisons for fast dispute settlement.
- **SailFast** — AI-powered laytime automation.
- **Laytime** — Laytime calculation and demurrage claims management.
- **PortIQ** — Analytics and data-lake platform with port intelligence.
- **EverBL** — Document AI and audit services for bills of lading and related cargo documents.
- **Glomaris** — Voyage optimization and satellite vessel tracking.
- **APIs** — Integrated laytime and demurrage portal with API access for system integration.
- **Laysoft (Laytime2000)** — Windows-based laytime calculation software acquired in 2025; users are migrating to the cloud Copilot platform.

## Achievements

- Launched the Demurrage AI Copilot platform (2024) after a two-year development effort.
- Featured in The Maritime Executive for its AI-driven approach to laytime and demurrage.
- Acquired Laysoft laytime software in March 2025.
- Reports 2M+ voyages calculated and 40+ years in the industry.

## Latest updates

- **2023-12** — Launched its AI demurrage platform after two years of development.
- **2024** — Released the Demurrage AI Copilot platform capable of processing documents within seconds.
- **2025-03** — Acquired Laysoft (Laytime2000) and began migrating ~200 users to the cloud Copilot platform.

## Links

- Website: https://burmester-vogel.com
- LinkedIn: https://www.linkedin.com/company/burmester-vogel/
- Twitter/X: https://x.com/burmestervogel
- Facebook: https://www.facebook.com/BurmesterVogel/

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Profile page: https://yespress.io/burmester-vogel
Published by YesPress — https://yespress.io
Last updated: 2026-06-07