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    AP Companies: How physical and mental well-being shape happier ships

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    Ferry sinks off Bali with multiple casualties

    Year in Review: How the Russian invasion of Ukraine affected shipping in 2022

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SAFETY4SEA

Bunker data management platform enhances efficiency for shipping industry

by The Editorial Team
March 19, 2024
in Smart
data management platform

Credit: Fuelink

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Fuelink reports that it has launched a new bunker data management platform offering functionality for fuel strategy forecasting, bunker price comparisons and compliance with the European Union’s Emissions Trading System (EU ETS), including inventory management of EU Allowances (EUAs).

The bunker-specific software combines information taken automatically from AIS and noon reports with an AI-based management tool and third-party benchmarking to simulate and compare both conventional and alternative fuels on different routes.

As informed, users can then make data-based decisions on where and when to bunker to achieve the most cost-effective voyage, taking into account real-time bunkering readiness data at each port.

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Voyage schedules can also be uploaded to calculate ETS costs, with EUAs simulated at different prices before being purchased through the platform at the optimum time.

The shipping industry requires a digital bunker data management system developed by bunkering and ship operations professionals that gives full visibility and enables better decisions in optimising the bunker value chain.

..said Konstantin Bronetskyi, General Manager, Fuelink.

The power of this combined data will streamline the user’s operations. Being able to access useful, and digestible information at the touch of a button has never been more critical. By aiding transparency and significantly improving efficiency, Fuelink supports confident and informed decision-making that will aid regulatory compliance while also saving time and money. 

…Konstantin added.

Bunker data management platform enhances efficiency for shipping industryBunker data management platform enhances efficiency for shipping industry
Bunker data management platform enhances efficiency for shipping industryBunker data management platform enhances efficiency for shipping industry
Tags: alternative fuelsArtificial IntelligenceEmissions Trading System (ETS)smart
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