World News
Alfa Laval Buys BunkerMetric
Engineering company Alfa Laval is set to acquire marine fuels analytics firm BunkerMetric.
The acquisition will be merged with weather intelligence software company StormGeo, which it bought last year, Alfa Laval said in a statement on its website on Thursday. The deal is still subject to regulatory approval, BunkerMetric CEO Christian Plum told Ship & Bunker.
BunkerMetric's software is designed to help ship operators and bunker procurement teams optimise their bunker purchases.
"The acquisition of BunkerMetric will further strengthen the StormGeo suite of software products and services," Soeren Andersen, CEO of StormGeo, said in the statement.
"BunkerMetric’s advanced procurement optimization tool is a welcomed addition to our route advisory services, giving shipping customers timely data for choosing the best bunkering options.
"It will help optimise scheduling, fuel and voyage performance."
BunkerMetric's procurement optimisation tool will become a subscription service within StormGeo's s-Suite.
The firm's BargeTracker software that tracks bunker barge movements and loadings will still continue, Plum told Ship & Bunker.
"That will carry on as it is," Plum said.
"But the BunkerPlanner software will be the main focus."
Key Bunker Prices More
| VLSFO | MGO | |||
|---|---|---|---|---|
| $/mt | +/- | $/mt | +/- | |
| Singapore | 571.00 | 1.50 | 685.50 | 5.50 |
| Rotterdam | 516.50 | 1.50 | 677.50 | 3.50 |
| Houston | 556.00 | 6.00 | 679.00 | 1.00 |
| Fujairah | 565.00 | 4.50 | 755.00 | 1.50 |
| Global 20 Ports Average | 589.00 | 3.00 | 764.50 | 3.50 |
| Global 4 Ports Average | 552.00 | 3.00 | 699.00 | 2.50 |
| Global Average Bunker Price | 635.50 | 1.00 | 811.50 | 11.00 |
Popular Now More
-
Nov 21CCO Christoffer Berg Lassen is stepping down from the company to be replaced by Anders Grønborg, while Peder Møller becomes its first chief operating officer. -
Nov 20The ISO 6853:2024 specifications, the first of their kind, cover the general requirements and properties for methanol specifically being used as marine fuel. -
Nov 21CTI-Maritec reports on undeclared quantities of cashew nut shell liquid found in VLSFO samples from Rotterdam and Singapore.