Crude & refined trading
BUNKERTECH
MARKET-LEADING MARINE FUELS TRADING AND SUPPLY MANAGEMENT SYSTEM
The trusted choice of bunker traders and suppliers everywhere
Driving Your Business Towards Profitability
Bunkertech is a dedicated cloud-based marine fuels trading, risk and supply management software for bunker physical suppliers and back-to-back traders. It is built on modern architecture and equipped with in-built ERP and powerful analytics. With Bunkertech, you can
Make rapid decisions
Optimize trading cash flows
Get an integrated, real-time view of your bunkering operations
Bunkertech automates and easily manages various functionalities using a modern, integrated workflow. This translates to seamless operations, reduced errors, and effective utilization of time and resources!
Bunker Supply Chain Management-Real Barriers
We grew out of a bunker supply business and understand the challenges you face around price volatility, credit risk, balancing inventory, valuing your positions, and regulatory compliance.
We have built Bunkertech to help you understand your business performance in real-time including
- What inventory do you hold and where?
- What are your trade and operating costs?
- What has priced in and what has not?
We will help you find answers without the need to manually coordinate information from multiple departments and systems!
Overcoming Challenges
For back-to-back traders, the focus is on optimizing cash flow and managing credit risk. Bunkertech includes a sophisticated credit management capability that will easily deal with complex credit issues such as exposure across multiple related entities.
Whereas inventory and risk management remain a priority for physical suppliers. Bunkertech has world-leading functionality for managing your inventory positions, including negative inventories and virtual inventory. It has the flexibility to handle all variations on costing for both inventory and COS.
Tired of waiting for more than 15 days after the month-end to know how well you did?
Want to know how you can seamlessly integrate Bunkertech into your business operations?
What Makes Bunkertech Stand Out
A specialised solution adopted by leading bunker suppliers, comprising best practices and superior functionalities
Complete front, mid, and back-office automation and support
True cloud-based solution with NO recurring implementation cost
Best-in-class tools for advanced risk analytics, real-time position, risk reduction, margin optimisation, hedge effectiveness, stress testing and more
Seamless integration with external systems and data feeds for smooth operations
Robust customer service support on utmost priority for every business process request
A One-Stop Solution for Your Entire Business
We use our experience of working with bunker traders and suppliers in the world’s biggest bunker locations to deliver effective solutions to real-world problems. Moreover, we have now extended Bunkertech to cover low carbon and alternative fuels.
Here’s how Bunkertech serves as an intelligent intermediary between the supplier and the customer.
Visibility & Control
Access real-time views of inventory, credit lines, trading PnL, exposure, and operations. Get relevant information including counterparty performance, historical data related to vessels, market prices, and the minimum selling price.
Cost Optimization
Get a holistic view of the tank balances and movement schedules to plan deliveries, reducing delivery and operational costs.
Inventory management
Know fuel quantity and volume, calorific values, contracts that are priced and unpriced; the cost and the mark-to-market value of inventory, its location as well as the profit and loss of each sale. Moreover, gain visibility on inventory gains and losses.
Risk management & regulatory compliance
Promote best practices across the organization, and minimize operational risk with Bunkertech’s in-built workflows automate checkpoints.
Supply chain optimization
Calculate the expected quantity and quality of the inventory, based on physical movements. Clearly see the difference between what is expected and what is available once the physical tank balances are integrated into the system.
Better Cashflow
Improve payment collection and visibility across the company and optimise cash flow using reconciliation and financial accounting applications.
What Our Customers Are Saying
“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.
So, why delay? Make the Right Decisions with Bunkertech!
Press Release
ARTE BUNKERING CONSOLIDATES GROWTH AROUND INATECH’S BUNKERTECH ETRM SOLUTION
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…
BERGEN BUNKERS ‘FUTURE-PROOFS’ ITS OPERATIONS WITH INATECH’S ETRM SOLUTION
Norwegian marine fuel trader and broker Bergen Bunkers has mandated Bunkertech, the bunker trading risk management software from Inatech
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
Frequently Asked Questions
A Bunker Trading and Supply Management System is a software application that is used by bunker suppliers to automate business processes involved in the trading, sale, distribution and delivery of crude oil and refined products. Bunkertech is a market leading bunker trading and supply management system
Many bunker suppliers trade, sell and distribute petroleum products using manual processes or outdated computer systems. A Bunker Supply Management System will automate these processes increasing efficiency, saving money, and streamlining a whole range of bunkering operations ranging from trading, hedging and risk management to inventory and financial accounting.
A Bunker Supply Management System helps solve many of the challenges facing today’s bunker suppliers including
- Matching supply and demand
- Effectively monitoring credit and liquidity
- Handling fuel price volatility
- Quoting competitive prices
- Managing operational complexities
- Accurately managing inventory and associated costs
- Managing financial instruments
Bunkertech handles all of these challenges smoothly and seamlessly
Yes, Bunkertech has an in-built ERP that makes it an end-to-end solution. This feature gives you control over real-time position management and intra-day profit and loss statements.
Our strong and experienced project team can remotely and seamlessly integrate a true cloud-based system within two weeks.