Bulugo and FrontM collaborate to introduce bunker e-procurement onboard vessels

Technology company Bulugo and FrontM on Tuesday (5 October) said it has entered a partnership to offer maritime personnel the ability to procure bunker fuel and lubricants, digitally, onboard vessels.

The collaboration is intended to enhance FrontM’s marketplace by bringing e-procurement directly to remote customers.

The new procurement integration will be freely available to all existing customers and their fleets, globally.

The technology will allow shipping companies to connect with new suppliers, seek quotes, assess responses, negotiate price, and make informed decisions on fuel and/or lubricant offers instantly.

Furthermore, for those dealing with engine issues and corrosive wear, this provides a convenient and straightforward way to order lubricants, enabling them to take corrective action more quickly and helping to minimise costly failure or expensive unplanned maintenance.

“As more shipping companies and operators leverage digital and platform technologies to obtain and automate their purchasing and workforce automation processes, we believe the alliance with Bulugo enables our clients to better align their purchasing requirements during their online fuel procurement process,” says Lisa Moore, Chief Commercial Officer, FrontM.

“The combination of FrontM’s marketplace approach to service consumption and Bulugo’s fuel quoting and procurement delivery platform offers our partners and their customers a transformative shopping experience by reducing procurement lead times and providing time-critical quotes that match them to the best carrier.”

“Digital behaviours are constantly evolving with e-commerce and onboard solutions being a big part of the digital shift. This is an ideal enhancement for existing FrontM customers and for those operators who make spot purchases, especially, where flexibility is key due to limited route planning or tramp trade. Bulugo is now at the heart of vessel activity. As partners, Bulugo and FrontM can leverage each other’s expertise in shipping and technology to transform ways of working,” says Peter Rossi, Founding Director, Bulugo.

Rossi continued, “Bulugo was built to be secure and scalable. We are a platform that integrates at the core of the maritime ecosystem, and FrontM is a perfect example of this. We are excited to collaborate with their global team to maximise the value delivered to shipping companies through their advanced onboard solution.”

Photo credit: CHUTTERSNAP from Unsplash
Published: 7 October, 2021