BUNKER PROCUREMENT
Bunker Procurement
Bunker procurement has become complex with the adoption of cleaner and greener fuels to meet the decarbonisation goals. On top of that, port arbitrage has added to the challenges. The fleet operators now have to worry about profitability as well as environmental compliance.
This warrants the need for a smart fuel management system that proactively manages your bunker buying and also effectively handles functions across chartering, finance, and operations Dept.
Inatech’s Shiptech, a decision-support bunker fuel procurement system is the leading choice of shipping companies across the globe. It helps you make the best purchase decisions based on fuel price, quality, compatibility and availability and ensure the right governance across stakeholders with Its inbuilt best practices.
Functionalities
With Shiptech, you can effectively automate the following functionalities
Fuel and energy procurement
Contract management
Pre-deal analysis and decision support
Negotiation, and planning
Counterparty and invoice management
Claims and reconciliation
Find out more about Shiptech >>
What Our Customers Are Saying About Us
“This double whammy of market risk and regulatory risk has prompted Trefoil to rethink our entire operating system and to invest in maximizing our efficiency in dealing with these challenges,” said Max Braams, Strategic Project Manager at Trefoil in Rotterdam. “
It is a time-critical business model so “we needed a solution that could be configured to our way of working and Techoil provided that to us,” said Clint Werth, Vice President of Supply and Logistics.
“We operate in a complex and competitive business environment, so we need reliable and adaptable trading tools that function across our network and have the potential to grow with us,” said Seva Tkachenko, Commercial Manager at Arte Bunkering.
“Bunkertech gives us a complete system that is now being used across our offices—and it is scalable as we continue to expand.”
“Inatech was very convincing with its deep knowledge of the industry and its highly experienced team. It was essential to us that we have a system that will ensure support for the long term and Inatech provided this comfort along with better workflow and analysis opportunities. It gives us confidence in a rapidly evolving market.”
Inatech is not only supporting a CTRM but a fully integrated solution from front to back office including ERP and accounting. We are looking forward to a new era that will reduce our manual work and error-proneness significantly.
Smart Trader and Shiptech are now a crucial part of our operational infrastructure, ensuring that we are fully compliant and have complete visibility on all aspects of our fleets and bunker buying. This has been an important part of our preparation for 2020.
It is a time-critical business model so “we needed a solution that could be configured to our way of working and Techoil provided that to us
Since the COVID-19 pandemic, we have been grateful to have an ETRM solution like Techoil. We have been able to prepare all our financial statements and manage in real-time our inventory levels, our customers’ exposures and also looking at what’s coming down the pipeline.
Inatech is the right technology partner for PDI because the management truly understands our business and is willing to work with us to address our specific needs,” said Andy Hausig, President at Petro-Diamond Inc. “The adapted Techoil software will turbo charge our productivity and improve management decision making across our entire chain of business processes.
Get The Best Quality Fuel At The Lowest Price, Discover Shiptech
Blog
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Maritime fuel procurement or ‘bunker’ buying is central to shipping operations.
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