Bunkers typically represent upwards of 50% of a vessel’s operating costs. Deriving the best bunker procurement strategy is a very complex process. One must consider fuel prices, port calling costs, tank sizes, commercial schedule, fuel consumption rates, commingling issues, ECAs, and sailing margins, among others. In many shipping organisations, this complexity is aggravated by the fact that different departments hold different pieces of the puzzle.

The bunker purchasing desk will have a good view of fuel prices but perhaps does not understand the vessel schedule’s flexibility or the vessel’s consumption pattern. The operations desk understands the schedule well but knows far less about fuel prices and availability. The vessel master understands the current RoB and consumption rate better than anyone on shore, but may not have a detailed view of the commercial requirements of a voyage.

s-Insight | Bunker cuts through this complexity by bringing all the relevant information into a single platform where all stakeholders can discuss and align. It leverages advanced algorithms and data analytics to identify the best bunkering plans and recommends the optimal location, volumes, and grades to be lifted for each voyage.

s-Insight | Bunker empowers operators and fuel purchasers to generate additional value for your fleet by crafting superior bunker procurement plans.