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Tagged: laytime
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Ai · Saas · Logistics
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.
demurrage · laytimeRead →
Founder · Executive · Operator
Evangelos Efstathiou
Evangelos (Evan) Efstathiou is the CEO of Burmester & Vogel, a Boston-based maritime software company that turns the slow, paper-heavy work of laytime and demurrage calculation into AI-driven automation. An MIT-trained entrepreneur who has spent his whole career at the crossroads of shipping, software and capital markets, he bought the 40-year-old freight-tech firm in 2019 through a Series A and is rebuilding it into what he calls 'the Bloomberg of shipping.' He also runs the maritime M&A and strategy advisory Skysail Advisors, which he founded in 2016.
maritime tech · demurrageRead →