Maersk Tankers’ software spin-off ZeroNorth has announced the launch of a new bunker recommendation software, to be added to the tools available within the company’s Optimise platform.
The new BunkerAction system uses data analytics to provide tramp shipping operators with recommendations about where, when and what to bunker for vessels across their fleet.
Launching as a Beta product, with additional features expected to be added over time, BunkerAction uses currently available vessel data, such as position, route, ETA, and tank capacity, as well as ZeroNorth data about bunker prices, weather, port details, sailing distances and market rates, to generate bunker planning advice.
For example, depending on weather, market rates and dynamic speed and consumption, BunkerAction may recommend that a vessel takes on bunkers at an alternative port, if it calculates that cost and efficiency savings can be generated.
“We are delighted to get BunkerAction into the hands of owners and operators. We believe that the power of this new tool – in tandem with other actionable insights created in our Optimise platform – will help operators to unlock meaningful and transparent cost savings for their operations,” said Katrine Hastrup, Product Owner, ZeroNorth.
“Fuel is the single largest cost for most owners and operators in tramp shipping, so it makes sense that we apply the power of cutting-edge digital technologies to drive a meaningful impact. By taking available data from a vessel or fleet, we can generate immediate recommendations that we believe have the potential to revolutionise the way operators execute bunker planning.”