MON. FEB. 21 2022 / Paola Onorato
Agents, the global brand of Catalano Shipping Services, has been actively investing to introduce a new digital portal to their clients: LogNav. LogNav is an exclusive web-based application which was conceived to facilitate the monitoring and management of commercial yachts, in regard to some of their most demanding tax and fiscal obligations. LogNav is built on top of a parametric algorithm that enriches raw AIS (Automatic Identification System) data with information related to a vessel’s geo-location and its navigation. With this algorithm yacht captains, managers, brokers and fiscal representatives can monitor in real-time some complex criteria which are crucial to validate a vessel’s ability to operate with VAT exemption in France and Italy. It also allows to calculate the pro rata due VAT on charters (on time spent in E.U. waters only) offering potential significant savings to charterers. LogNav will display the generated graphics and tables and also create the necessary reports that our clients can download in PDF or CSV formats with high standards of data integrity and data security.
News provided by:
Julien Guesdon - Business Development Manager - Catalano Shipping Services – email@example.com