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MOL Nordic Tankers extends trial of bunker optimisation solution

MOL Nordic Tankers has decided to extend the trial of BunkerMetric's fuel management and planning tool that it has been piloting on five of its vessels since the end of 2018. 

{mprestriction ids="1,2"}BunkerPlanner is a tool to help shipowners and operators make bunkering decisions and ensure they obtain compliant and cost-efficient fuel, based on the trade route of each individual vessel, the price of fuel, how much fuel the vessel uses, the planned port for bunkering, and other factors. BunkerPlanner then suggests the most economical way for the operator to purchase bunkers for any vessel on its planned voyage. By optimising the fuel procurement process, BunkerMetric estimates between two and four per cent fuel savings can be achieved.

The Danish company that developed BunkerPlanner allows operators to pilot the technology before committing to purchase.

Andreas Sund Poulsen, VP Global Operations, commented: “The shipping industry is going through a rapid digitalisation, and it is critical that we embrace these new technologies and innovations to help manage the challenges that we face as the sector evolves.

“Access to data that can provide real insights into our fuel procurement strategy, and help us to make informed decisions on how, when and where we buy our fuel in a way that reduces our overall fuel spend is invaluable; particularly as we move into 2020 where the price of fuel will inevitably rise, in conjunction with the added pressures of consistency in product availability and quality.”{/mprestriction}

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