Oil and products waterborne operations

Improve your market intelligence by tracking each vessel’s position, anticipating routes, and monitoring floating storage. Digitalize the communication with the captain to retrieve near real-time position, bunker consumption and Estimated Time of Arrival (ETA).

Satellite communications were expensive and provided very low bandwidth but recent progress is providing more competitive options to get real-time tracking.

The use of satellite images and low-orbit images allows to guess tank levels, demand pressure and get a negotiation advantage.

Allows to track historical position and routes from vessels. This can be used to identify who is the charterer, supply contracts and flexibilities, weather conditions and other risks. They can also be used for vetting (regarding SIRE inspections) and compliance to avoid any connection with sanctioned countries/companies.

They will host the AI-models that will enable new business models (new trip-wise services), reconciliate captain values against digital twins for ETA and bunkering consumption, automate port, terminal and captain workflows and deliver faster and with higher quality.

These platforms will manage companies’ portfolio for physical cargos and chartering, will include allocation processes between cargos and fleet, will track all secondary costs, support with operations and back-office tasks (recaps, contracts, quality and quantity statements, Bill-of-lading, settlements and invoicing.

Working together with the CTRM, agents will take the control of emails, regulatory reporting, information exchange with third parties (ports, terminals, counterparties…) updating the best-available information into the CTRM for the decision making process.