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VPS and DNV GL launch fuel analytics system

Dr. Torsten Büssow, DNV GL's head of fleet performance management (left), and Gerard Rohaan, CEO of VPS (right) Dr. Torsten Büssow, DNV GL's head of fleet performance management (left), and Gerard Rohaan, CEO of VPS (right)

Veritas Petroleum Services (VPS) and DNV GL have announced the launch of a new Fuel Analytics application, used for systematic assessment of the impact of fuel quality on vessel performance.

{mprestriction ids="1,2"}The online benchmarking tool will form part of DNV GL’s ECO Insight fleet performance management portal, and aims to highlight the impact bunkered fuel quality has on performance, where to find good quality bunker locations and suppliers, and how the user’s bunker quality compares to a world fleet average of similar vessels in the same time period.

“We have been the largest fuel testing services provider since our inception in 1981, and as a result we have the world’s largest fuel sampling database – over two million tested samples,” said Gerard Rohaan, CEO of VPS.

“By extracting valuable information from this extensive database with state-of-the-art analytical tools, we help our customers get the best value from their bunker purchases through fast, accurate performance monitoring and decision making.”

Fuel quality is calculated in terms of four major benchmarks: technical quality (meeting the specifications of ISO standard 8217), financial quality (energy, water content), statutory compliance, as well as reporting quality (deviation from the bunker delivery note).

“By integrating Fuel Analytics within our ECO Insight solution, shipping companies can now get even more analytical depth from the most comprehensive fleet performance portal on the market,” said Dr Torsten Büssow, DNV GL’s head of fleet performance management.

“For the first time, shipping companies can now easily differentiate between the efficiency loss due to fuel quality, voyage performance, and hull, propeller, engine and systems degradation.”{/mprestriction}

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