Blue Water Trade Winds extends fuel optimization partnership with STASCO

Blue Water Trade Winds Limited is pleased to announce that it has extended its fuel and voyage optimisation partnership with Shell International Trading & Shipping Company Ltd (STASCO) for an additional three years.

STASCO has been using Blue Water’s BOSS voyage planning application, which can improve fuel efficiency by between 4-6% and therefore help to curb carbon emissions, for its Crude and Products Time Charter Fleet for the past five years. The new agreement is for an initial three-year period, with the option of extending it for another year.

Additionally, following a benchmarking exercise among competing industry systems and extensive trials, Shell is now in the process of rolling out the BOSS for LNG application across its LNG Time Charter fleet as well. This agreement will also be for a period of three years, with the option to extend it by another year.

“The renewal of our contract, to serve a larger fleet in the coming years, is a testament to the success of BOSS,’’ said Captain Kumaresh Gupta, Founder and Managing Director of Blue Water. “The BOSS team remain indebted to Shell for its help in developing such an advanced system.’’

STASCO supports the Shell businesses by trading natural gas, electrical power, crude oil, refined products, chemical feedstocks, and environmental products. It also commercially manages one of the world’s largest fleets of LNG carriers and Oil tankers.

Blue Water Trade Winds Limited is an India-based SaaS company that provides voyage and fuel optimisation services. The company currently optimises over 782 vessels for maritime industry leaders and provides fuel efficiency savings through its benchmarking system, jointly developed with STASCO.

Source: Blue Water Trade Winds Pvt. Ltd