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ZeroNorth partners with Monjasa to bring the latest bunker prices to customers

12 May 2021

Tramp shipping industry digitisation platform ZeroNorth, a company under Maersk Tankers, on Tuesday (11 May) said it will be using Monjasa’s bunker price and key port availability information for its vessel optimisation platform, Optimise.

The partnership will also mean that Optimise will be able to access Monjasa’s view of fuel availability in a range of locations, from key bunkering hubs such as Singapore, Rotterdam, Houston and Fujairah, to smaller or more regional trading ports.

Monjasa operates as a physical supplier or trading partner in nearly 700 ports worldwide.

ZeroNorth and Monjasa have worked to seamlessly to integrate the bunker market information into Optimise. This means that customers will be able to start using this information to generate actionable insights on speed and bunker planning immediately.

“It’s fantastic to be able to announce this partnership with Monjasa, which puts some of the industry’s very best bunker market information right at the heart of our platform,” said Søren Meyer, CEO, ZeroNorth.

“The issue of having a clear view of the marine fuels market – and how this can impact your operations in a huge number of ways – is central to the ongoing challenge of vessel efficiency.

“That’s why this partnership will enable Optimise to make even stronger recommendations on route and speed, enabling tramp shipping operators to increase their revenue and cut emissions.”

Optimise will interpret Monjasa’s data alongside a range of other information – both from users and from third parties – to make its recommendations on speed, route and when, where and what to bunker. The software provides a clear indication of the upsides of any decision in both dollars and CO2.

“Embracing transparency and sharing data is the future of oil and shipping. Therefore, Monjasa is very proud to engage with ZeroNorth and start making our price indications available to the shipping industry through the Optimise platform,” said Mikkel Kannegaard, Managing Director, Monjasa.

“With our 10 offices across multiple time zones and around 12,000 supply operations yearly, we hold the knowledge and business intelligence to add value to platform users.”


Photo credit: ZeroNorth
Published: 12 May, 2021

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