Marine voyage management platform Dataloy VMS on Wednesday (12 February) announced its integration with bunker procurement optimization tool – BunkerPlanner.
BunkerMetric, the parent company of BunkerPlanner intends the integration with Dataloy will further facilitate the process by expediting the use of the latest vessel and voyage information stored in the client’s VMS.
Traditionally, bunker procurement professionals rely on a few general rules of thumb to make their decisions. However,with increasing environmental regulations, price volatility, and new fuel grades, these rules of thumb may lead to uneconomical decisions.
A proper evaluation of all the relevant bunkering alternatives might save tens of thousands of dollars on a single voyage, yet in most cases, these alternatives will go unexplored.
BunkerPlanner’s advanced algorithms collect all necessary data and crunch through hundreds of alternative procurement plans. The top alternatives are then presented to the planners, who have the discretion to refine the plan using a web-based user interface.
The result is the best of both worlds – enabling planners to make better decisions based on their considerable expertise, while BunkerPlanner’s algorithms ensure an unbiased and consistent assessment of all attractive fueling alternatives.
“The fragmented nature of today’s shipping industry creates a complex landscape and presents unique challenges that the industry must overcome to maximise revenue,” says Hege Jacobsen, Managing Director of Dataloy Systems.
This integration will help the customers to unlock the value of an optimised procurement process through strategic sourcing, helping in cost optimisation, bunker procurement savings, and reducing business risk and volatility.
Photo credit: Dataloy
Published: 13 February 2020
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Representatives of Veritas Petroleum Services, Maersk, INTERTANKO, ElbOil Singapore, and SDE International provide insight from their respective fields of expertise on what lies ahead.
