According to Ship & Bunker, the average price of VLSFO at the world’s top 20 bunker (marine fuel) ports reached $987 per ton on Tuesday 4th of March, up 84% year on year. In two of the top four ports — Singapore and Fujairah, United Arab Emirates — the price of VLSFO reached $1,001 and $1,024 per ton, respectively. These price levels are unprecedented.

The fuel prices have doubled, but what should shipping company do with that? Our suggestion is to check where the actual fuel losses of your fleet are located.

It is obvious for maritime professionals that vessel efficiency is a complex thing with lots of different factors affecting it. Weather, the technical state of the vessel, just-in-time arrival, route geometry, and many others might affect your cost in the wrong direction. For our artificial intelligence solution, it takes only 1 minute to analyze the historical routes of your fleet and give you a clear understanding of where you can save money and what caused the inefficiency.

And we are glad to give you free trial access for one of your vessels to test the solution and understand in detail your voyage specifics. Only having the IMO of the vessel the algorithm is able to give you a lot of insights.

Our solution works within the following frameworks of efficiency analysis:

The special dashboard helps to understand the impact of the factors on fleet efficiency and ecological class. The Marine Digital advantage is that CII assessment is synchronized with SEEMP factor analysis. Take a close look at the Marine Digital Fleet intelligence platform

Since we are limited in hardware resources, we are ready to offer a free pilot project to only 20 shipping companies that are the first to respond to this exclusive offer and sign LOI + NDA. Contact the Marine Digital team via hello@marine-digital.com

Marine Digital for Marine Startups