A ‘one-stop shop’ for bunker data management

The platform enables effective fuelling 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 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.

”We have developed the Fuelink platform to bring together real time data, allowing machine learning to simulate fuel cost scenarios, create automated reporting and alerts, measure bunkering performance and support GHG emissions management.”

Streamlined operations

Mr Bronetskyi said that the power of this combined data will streamline a user’s operations at a time when 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,” he added.

Combining information taken automatically from AIS and noon reports with its AI-based management tool and third-party benchmarking, Fuelink allows the simulation and comparison of both conventional and alternative fuels on different routes.

This enables users to make informed decisions on where and when to bunker to achieve the most cost-effective voyage.

Fuelink also supports EU ETS compliance and inventory management of EUAs. Users are able to upload voyage schedules and calculate ETS costs instantaneously, simulating EUAs at different prices before buying through the platform at the optimum time and automatically keeping a record of all those purchased in a standalone inventory system.

The platform has been developed in conjunction with maritime energy solutions provider, Baseblue and diversified fleet owner, Schoeller Holdings. The two organisations provided valuable insights in the development phase and many of their customers are already benefitting from using the platform.