Crude & refined trading
SHIPTECHLITE
INDUSTRY-LEADING BUNKER FUEL PROCUREMENT AND MANAGEMENT SYSTEM
Supporting the Needs of Small and Medium-Sized Ship Operators
A Powerful, Compact Solution
ShiptechLite is a real-time, complete cloud-based fuel management software designed for all types of operators from dry bulk, cargo, tankers and containers with a fleet size of up to 40 vessels. It is built on modern architecture and equipped with powerful analytics. An off-the-shelf product, it can help you
Profitably and effectively transition to cleaner alternative fuels
Automate your bunker procurement and integrate it into voyage planning
Minimize operational and counterparty risks
With real-time insights, it equips you to make informed fuel purchasing decisions based on fuel price, quality, compatibility and availability. Moreover, it 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 Fuel Procurement-Major Roadblocks
Since we have worked with top shipping companies around the globe, we understand your needs. With impetus on the decarbonization of marine fuels and the adoption of alternative sources of energy, bunker procurement will become more complex with the addition of alternative fuels and port, arbitrage. It has become important to optimize fuel procurement to make it commercially profitable as well as environmentally compliant.
We have specially designed ShiptechLite to help small and medium-sized ship operators get complete visibility and insights on your procurement process including
- Who are you buying from and why?
- Where are you buying bunkers and why?
- How are you buying (spot or contract) and why?
- How do your prices compare to the market?
With ShiptechLite, you will get the right answers, eliminating the need for manually coordinating data across multiple systems and departments!
Do More with Less
If you are into marine fuel procurement, your focus would be to automate marine fuel procurement and secure the best fuel deals.
ShiptechLite, a real-time, decision-support system gives you the right insights to plan proactively, negotiate and understand the true value of the fuel delivered, handle claims and quality in one place, forecast and monitor bunker costs, as well as deeply understand the procurement of alternative fuels. Most importantly, it netts out the carbon credit obligation, allowing carbon credits to be valued and traded alongside commodities.
Wondering how to profitably manage the increasing costs of bunkers?
Want to know how you can expedite planning and decision-making with ShiptechLite?
A Proven Solution for Your Business
We have utilized our experience of working along with some of the world’s top shipping companies to identify the real challenges and offer cost-effective, scalable tools that offer complete control over fleet operations.
Let us understand how ShiptechLite is transforming bunker fuel management.
Complete automation
Automates the entire RFQ process at a glance, managing everything from creating, sending out requests and conducting multiple stakeholder negotiations, to finally stemming an order.
Powerful negotiation
Utilise supplier and port directories for powerful negotiations. Make the best deals by analyzing the price, quality and negotiating tactics of suppliers based on previous orders. Plus, you also have access to vessel position tracking and market data.
Versatility
Buy and manage multiple product types and alternative fuels including HSFO, LSFO, VLSFO (0.5%), ULSFO (0.1%), IFO, LNG, sludge and additives.
Leaner Operations
Streamline and automate operations, eliminating manual processes and a reliance on spreadsheets to buy bunkers with confidence.
Simplified auditing
Easily capture any alterations, creations, or deletions within the system.
Data-driven decisions
Conveniently access data and alerts through an interactive dashboard to plan and react quickly to ever-changing market conditions.
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.
Why Delay? Seal the right deals with ShiptechLite!
Press Release
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
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.
INATECH & CQUANT.IO PARTNER TO PROVIDE ADVANCED RISK MANAGEMENT WITHIN TECHOIL
Arte is using Inatech’s energy trading risk management software Bunkertech to bring its worldwide network together, Inatech said in an email statement on Tuesdsay.
Frequently Asked Questions
A fuel management system not only provides you with the tools to optimize planning, it streamlines fuel procurement through process automation and workflows. With the right fuel management software, you can manage the complete end-to-end fuel management system from planning and procurement, through to contracts, labs, reconciliation, finance and claims. Moreover, automation reduces errors, increases operational efficiency, provides an audit trail for compliance, simplifies the procurement process and improves performance.
Integrated control and fuel monitoring systems help your business with environmental and regulatory compliance, real-time insights and a complete overview of fuel, engine and vessel performance. With such systems, you can have end-to-end control over the fuel management system from bunkering to consumption.