Tech partnership aims to optimise marine fuel supply chain

The QuayChain system will become part of the Ascenz Premium Partnership Programme

Maritime technology provider Ascenz, part of the GTT group, has announced a new partnership with supply chain automation company rise-x.io, which will see the firms work together to support marine fuel supply chain optimisation.

The move will combine the Bunker Monitoring services provided by Ascenz with rise-x.io’s QuayChain platform, with the goal of automating elements of the marine fuel supply chain to optimise fuel spending and increase vessel profitability.

“QuayChain exploits advanced analytics, artificial intelligence, IoT, and blockchain technology to optimise a vessel’s bunker spend and make it easier for ecosystem participants to do business together,” said Rowan Fenn, Co-founder and CEO at QuayChain.

“Together with Ascenz, we have the capability to offer customers in the marine industry a comprehensive fuel management solution as a service including hardware, software, data and actionable insight.”

“The shipping industry has enormous potential for digitalisation, especially in the integration and optimisation of commercial and operations processes. We look forward to working with Ascenz to drive the industry forward faster.”

Ascenz will now include rise-x.io and QuayChain in its Premium Partnership Programme following the new agreement.

Share this story

Share on facebook
Share on twitter
Share on linkedin
Share on whatsapp
Share on print
Share on email

About the Author

Rob O'Dwyer
Rob O'Dwyer

Rob is Chief Network Officer and one of the founders of Smart Maritime Network. He has worked in the maritime technology sector since 2005, managing editorial for a range of leading publications in the transport and logistics sector. Get in touch by email by clicking here, or on LinkedIn by clicking here.

Further Reading

News Archive