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Express Petro & Kent Distributors Embraces Techoil Dispatch by Inatech to Modernize Fuel Transportation
As the demands on the fuel transportation industry evolve, leading companies are turning to cutting-edge solutions to streamline operations, cut costs, and boost efficiency. Express Petro Transportation and Kent Distributor’s have found such a solution with Techoil Dispatch (TOD) by Inatech, transforming their approach to managing fuel logistics and administration.
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Inatech Thrives as a Part of the ValSoft Portfolio
Fred Bendle, the CEO of Inatech, has been involved with the business every step of the way since helping to establish the vendor while still at Glencore. More recently, after Inatech’s acquisition by ValSoft, he has stepped into the CEO role, which he describes as ‘challenging’. In fact, Inatech is doing well it seems and despite the challenging nature of managing a CTRM vendor, Fred is pleased with progress.
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‘Techoil Dispatch’ has been a game-changer for our fuel wholesale & distribution business – Jernigan Oil
Amidst the dynamic environment of fuel wholesale and distribution in the United States, businesses face challenges driven by global market volatility, increasing regulatory scrutiny, and logistical hurdles
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VALSOFT CORPORATION ENTERS ENERGY TRADING & RISK MANAGEMENT VERTICAL WITH ACQUISITION OF INATECH, A GLENCORE COMPANY
Valsoft Corporation Inc. (“Valsoft”), a Canadian-based company specializing in the acquisition and development of vertical market software businesses, has announced its acquisition of Inatech, a rapidly expanding Energy trading and risk management solutions company, previously owned by Glencore.
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INATECH & CQUANT.IO PARTNER TO PROVIDE ADVANCED RISK MANAGEMENT WITHIN TECHOIL
The partnership will provide Inatech’s customers with an array of advanced risk analysis tools including what-if scenarios, portfolio & margin optimization, hedge effectiveness and value at risk (VaR) models.
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INATECH GROWS AND SEEKS TO DIVERSIFY VIA PRODUCT INVESTMENT AND ALLIANCES
Inatech grew at around 25% in 2021 yet its CEO, Jean Hervé Jenn, described the year as ‘disappointing” by comparison to 2020 when I spoke with him recently.
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BERGEN BUNKERS ‘FUTURE-PROOFS’ ITS OPERATIONS WITH INATECH’S ETRM SOLUTION
15 November 2021 –Norwegian marine fuel trader and broker Bergen Bunkers has mandated Bunkertech, the bunker trading risk management software from Inatech, to “future-proof” its operations.
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ARTE BUNKERING CONSOLIDATES GROWTH AROUND INATECH’S BUNKERTECH ETRM SOLUTION
Tallinn, 29th June 2021 – Estonian bunker trader Arte Bunkering has enlisted Bunkertech, the energy trading risk management (ETRM) system owned by Inatech, to streamline operations as it expands its global presence. Arte Bunkering is using…
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OIL TRADER EMAD ENERGY CHOOSES INATECH’S TECHOIL TO INTEGRATE ITS WORLDWIDE OPERATIONS
London, 12th October 2020 – Emad Energy has chosen Inatech’s Techoil oil commodity management solution to help it expand into new markets and scale up its operations. Geneva, Switzerland-based Emad Energy is using Techoil to implement an energy…
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INATECH LAUNCHES SHIPTECHLITE TO ASSIST SMALL TO MID-SIZE SHIP OPERATORS POST-COVID
Inatech’s ShiptechLite helps segment hit hardest by Covid-19 fallout Lite version retains tools critical to SMEs in simpler and cost-effective system As small- to mid-size shipping companies recover from the disruptions caused by the Coronavirus…
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ATLAS OIL TURNS TO INATECH’S TECHOIL TO SUPPORT ITS GROWTH STRATEGY
Atlas Oil Company, which is part of Simon Group Holdings and a leading nationwide fuel distribution and supply management company in the US, is using Inatech’s Techoil oil commodity management solution to streamline its operations during a period…
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SAL HEAVY LIFT ADOPTS INATECH’S ‘SMART TRADER’ TO NAVIGATE IMO 2020 MARINE FUEL COMPLEXITY
German fleet operator SAL Heavy Lift has hired Inatech, a unit of Glencore, to help compliance with new low-sulphur emissions rules and optimise bunker strategies. In the post IMO 2020 environment the speed of business and the scale of risk has…
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TREFOIL MANDATES INATECH TO HANDLE DUTCH ‘DOUBLE WHAMMY’ OF RISKS WITH IMO 2020
Leading Rotterdam, Antwerp and Hamburg bunker supplier Trefoil has mandated Inatech to overhaul its management systems in the face of new Customs rules that further complicate the region’s bunker business after IMO 2020. In the post IMO 2020…
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GREECE’S SHIPOIL MANDATES INATECH TO ASSIST WITH IMO 2020 PROFIT CHALLENGE
The Greece based global Bunker fuel and Marine lubricants trader Shipoil has appointed Inatech, a unit of Glencore, to digitalize its trading and supply operations as part of a strategy to prevent new low-sulphur emissions rules from 2020 eating…
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TORM JOINS INATECH ON APP TO TACKLE POST-2020 SHIPPING FUEL COMPLEXITY
Inatech, the energy trading risk management (ETRM) systems provider owned by Glencore, today announces that it has picked Romania as a new hub for IT development. Inatech has taken on five developers in Bucharest to work on new releases of its key…
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HAFNIA PLANS FOR SHIPPING EMISSIONS CHALLENGE IN 2020 BY MANDATING INATECH TO DIGITISE FUEL PROCUREMENT
2020 emission regulations spur shipping companies to rethink fuel procurement process Denmark’s Hafnia invests in digitisation to optimise bunker procurement and ensure compliance Clean energy rules being imposed on shipping companies in less than…
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MITSUBISHI OIL TRADING UNIT PETRO-DIAMOND INC. MANDATES INATECH FOR DIGITIZATION OF US GASOLINE SUPPLY CHAIN
Petro-Diamond Inc., the oil-trading firm owned by Mitsubishi Corp., has appointed Inatech to re-engineer and digitize its entire gasoline supply chain through implementing an innovative software platform. PDI owns a 600,000-barrel terminal in the…
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INATECH, PART OF GLENCORE, OPENS IN HOUSTON AS ‘PROFOUND CHANGE’ BRINGS OPPORTUNITY IN US OIL TRADING
Inatech, the energy trading risk management (ETRM) systems provider owned by Glencore, today expands its global operation with a new office in Houston, Texas, to better support its US clients at a time of unprecedented change in America’s oil…
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INATECH INCREASES ITS PRESENCE IN THE MIDDLE EAST BY SIGNING UP ALCHEMIST TRADING
Inatech, the energy trading risk management (ETRM) systems provider owned by Glencore, has deepened its footprint in the Middle East by signing up Alchemist Trading. Saudi-owned Alchemist, with offices in Dubai, has implemented Inatech’s Techoil…
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TORM JOINS INATECH ON APP TO TACKLE POST-2020 SHIPPING FUEL COMPLEXITY
5th March 2019 – As world shipping braces for a $60 billion hike in the industry-wide fuel bill from 2020, help is on its way in the form of a new toolkit that scours the globe in real-time for the optimal bunker ports.