i4 Insight tool adds bunker planning data

The addition of BunkerEx to the fleet management platform will help shipowners and operators achieve greater voyage and operational efficiency and improve performance. It follows the recent acquisition of C-MAP commercial and partnership agreements between i4 Insight and other maritime companies including Greensteam, FNT and Laros.

Joel Meltzner, i4 Insight chief executive said that fuel costs take up a large percentage of a ship’s operating costs. “We have formed an alliance with BunkerEx to obtain live pricing data and fuel availability from ports around the world to be incorporated into our platform,” he said.

The BunkerEx data provides the best recommendation using real-time, accurate price data, while identifying fuel availability and pricing for each location. The technology processes thousands of potential bunker options in seconds and combines that with distances and live pricing information to reveal the most cost-effective bunker option. It also lists any unexpected charges such as barge fees, calling costs and port charges.

Ishaan Hemnani, co-founder of BunkerEx said that access to fast, transparent bunker information was vital. “By collaborating with other maritime platforms, we can greatly improve the customer experience and grow with our partners,” he said.