Shipping technology company ZeroNorth has announced the acquisition of ClearLynx, an online platform for the bunker fuel market which will be added to ZeroNorth’s software to provide an integrated system for optimisation of bunker fuel, from initial enquiry through to supply.
ZeroNorth users will be able to take advantage of ClearLynx’s procurement, pricing and analytics, business intelligence, optimisation and planning, Sulphur Cap compliance and data feed products following the deal, the companies said.
ClearLynx will continue to offer its current bunker services via its platform and will also over time be integrated within the ZeroNorth platform to improve efficiency for customers of both platforms. The addiotin of the ClearLynx team will also give ZeroNorth a new physical presence in the US.
“(This) announcement is another big step forward in ZeroNorth’s mission to support and enable decarbonisation in the maritime value chain. Adding ClearLynx and their considerable expertise to our offering means that our customers will be able to make the most of a powerful trio of voyage, vessel and bunker optimisations that are linked and working in tandem,” said Søren Meyer, CEO, ZeroNorth.
“Our industry needs to act now, and we think this announcement provides players across the sector with an effective and accessible way to take immediate action. Optimising voyages, vessels, and bunkers will not only be important to cut emissions and improve revenue today, but will also enable us to navigate the significant, imminent and urgent complexity of the coming decade.”
Javier Sierra, ZeroNorth’s current Head of Partnerships, will take on the role of General Manager of ClearLynx following the deal.