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Bunker optimisation specialist to be merged with StormGeoBunker optimisation specialist to be merged with StormGeo

Alfa Laval is to acquire Demark-based BunkerMetric, a bunker procurement specialist, and merge it with recently acquired subsidiary, StormGeo.

Paul Bartlett, Correspondent

August 4, 2022

1 Min Read
oil terminal from the air
Photo: 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.”

About the Author

Paul Bartlett

Correspondent

UK-based Paul Bartlett is a maritime journalist and consultant with over four decades of experience in international shipping, including ship leasing, project finance and financial due diligence procedures.

Paul is a former Editor of Seatrade magazine, which later became Seatrade Maritime Review, and has contributed to a range of Seatrade publications over the years including Seatrade’s Green Guide, a publication investigating early developments in maritime sustainability initiatives, and Middle East Workboats and Offshore Marine, focusing on the vibrant market for such vessels across that region.

In 2002, Paul set up PB Marine Consulting Ltd and has worked on a variety of consultancy projects during the last two decades. He has also contributed regular articles on the maritime sector for a range of shipping publications and online services in Europe, Asia, and the US.

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