BunkerMetric on Tuesday (1 October) announced the addition of new functionalities for assisting BunkerPlanner users in their transition towards the forthcoming IMO 2020 regulatory landscape.
Firstly, BunkerPlanner now has Sulphur Emission Controlled Area (SECA) speed optimisation logic that determines the optimal speed to sail inside and outside SECAs in order to minimise fuel expenditure while maintaining the vessel’s schedule.
This is in addition to SECA routing optimization, which determines the optimal path to follow in view of the overall sailing distance, SECA portions, and fuel price differentials.
Users can specify whether a scrubber has been installed on a given vessel. In this case, BunkerPlanner’s optimization logic will emphasise sailing along the shortest distances and at equal speeds inside and outside of ECAs. BunkerPlanner will automatically leverage the scrubber to the greatest extent possible and only use distillate fuels where required.
“Bunker procurement practices need to advance all the time to adapt to market and regulatory changes. This is why we believe bunker buyers will benefit from additional data and algorithmic decision support,” said Fernando Alvarez, BunkerMetric co-founder.
“In a volatile bunker market, bunker buyers can use BunkerPlanner to quickly find the cheapest and safest bunkering options for their fleet, depending on whether the vessel has a scrubber or not. This reduces cost and creates transparency.”
Secondly, BunkerPlanner now provides an option to transition a subset of vessels within the fleet to operate under the new legislative framework ahead of January 1st, 2020. With this, vessels without a scrubber will shift towards procurement and utilisation of VLSFO in global waters at the earliest opportunity.
Users will be able to specify a new tank configuration to enable carriage of VLSFO and gradually phase out remaining HSFO inventories.
“There is and will be so much turmoil and bunker buyers need a simple interface to help calculate and select from amongst a complex array of procurement options,” said Co-Founder of BunkerMetric, Christian Plum.
“Bunker buyers controlling a diverse fleet, requiring different types of fuel, sailing on a varied number of trades, combined with a very dynamic pricing market, is so complex that you will make better decision supported by a good system to help you navigate in this challenging environment.”
Thirdly, BunkerPlanner now offers a new and convenient way to specify the consumption quantities and fuel types for each fuel consumer in the vessel. The user is only required to make a few selections regarding the fuel capabilities of their main engines, auxiliaries, and boilers.
BunkerPlanner then uses internal logic to automatically select the optimal fuel type to be used by each engine type in each ECA zone. For customers in the tanker segment, the firm has added separate consideration for the consumption of boilers under different operating modes and ECA zones.
Photo credit: BunkerMetric
Published: 3 October, 2019
The top three positive movers in the 2020 bunker supplier list are Hong Lam Fuels Pte Ltd (+13); Chevron Singapore Pte Ltd (+12); and SK Energy International (+8), according to MPA list.
‘We will operate in the Singapore bunkering market from the Tokyo, with support from local staff at Sumitomo Corporation Singapore,’ source tells Manifold Times.
Changes include abolishing advance declaration of bunkers as dangerous cargo, reducing pilotage fees on vessels receiving bunkers, and a ‘whitelist’ system for bunker tankers.
Claim relates to deliveries of MGO to the vessels Pacific Diligence, Pacific Valkyrie, Pacific Defiance, Crest Alpha 1, and Pacific Warlock between March 2020 to April 2020.
3,490 mt of LSFO from Itochu Enex was lifted at Universal Terminal; the same bunker stem was bought by Global Marine Logistics and delivered by bunker tanker Juma to receiving vessel Kirana Nawa.
Representatives of Veritas Petroleum Services, Maersk, INTERTANKO, ElbOil Singapore, and SDE International provide insight from their respective fields of expertise on what lies ahead.