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Bunker optimisation specialist to be merged with StormGeo

Photo: StormGeo oil terminal from the air
Alfa Laval is to acquire Demark-based BunkerMetric, a bunker procurement specialist, and merge it with recently acquired subsidiary, StormGeo.

The BunkerMetric acquisition will provide another key metric in StormGeo’s software-based voyage decision support services, based primarily on weather intelligence.

BunkerMetric’s procurement optimisation tool will now become a subscription service within StormGeo’s existing s-Suite, a service that includes voyage planning, route optimisation, and fleet performance management.

Software developed by BunkerMetric will enable fuel variables to be taken into account, including ports, prices, volumes, and fuel grades. Shipping companies will be able to minimise costs while considering other variables such as operational, commercial, and environmental factors, Alfa Laval said. 

BunkerMetric CEO, Christian Plum, who set up the company five years ago, declared: “Combining BunkerMetric’s state-of-the-art optimisation algorithms and data platforms with StormGeo’s cutting-edge data science will mean valuable synergies for existing and future customers.”

Soeren Andersen, StormGeo CEO, commented: “BunkerMetric’s advanced procurement optimisation 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.”