The world’s most comprehensive platform for marine fuel
It all comes down to data. The core element underpinning ENGINE’s unique place as the go-to tool for bunker and shipping professionals in general, is it’s data. Building a data pool is more of a journey, rather than a one-off effort. That’s why ENGINE puts at the center of its strategy the relentless growth of its existing data streams, and the incorporation of new ones.
Arguably, the single most important data stream are prices. They are the essence of ENGINE’s price assessment and the most sought after feature within the platform. Prices are fed in real time as transactions occur giving users the unique view of the real action as it happens. No assessments, no perceptions, just real prices.
ENGINE put together the single largest quality data base in the world. Testing results produced by fuel labs are anonymised and added into ENGINE’s data pool in real time, giving users an unparalleled understanding on quality of delivered fuels, as it happens. No COQs, no quality at shore tanks, this is quality measured at ships manifold and the best predictor of what ships will receive.
It all comes down to data. The core element underpinning ENGINE’s unique place as the go-to tool for bunker and shipping professionals in general, is it’s data. Building a data pool is more of a journey, rather than a one-off effort. That’s why ENGINE puts at the center of its strategy the relentless growth of its existing data streams, and the incorporation of new ones.
Arguably, the single most important data stream are prices. They are the essence of ENGINE’s price assessment and the most sought after feature within the platform. Prices are fed in real time as transactions occur giving users the unique view of the real action as it happens. No assessments, no perceptions, just real prices.
ENGINE put together the single largest quality data base in the world. Testing results produced by fuel labs are anonymised and added into ENGINE’s data pool in real time, giving users an unparalleled understanding on quality of delivered fuels, as it happens. No COQs, no quality at shore tanks, this is quality measured at ships manifold and the best predictor of what ships will receive.
The best price, the best quality are meaningless if shipowners can’t have visibility on real availability. On a daily basis, the ENGINE Data Gathering team contacts physical suppliers around the world to assess what is the availability of the various grades. And this is not availability in a general sense, this is availability at the ship’s manifold, which is what matters to ship owners.
Probably the most overlooked aspect of marine fuels procurement, but by no means the least relevant. To make an difficult aspect simple, ENGINE’s Data Gathering team continuously collects, processes and compares GTCs of the main physical suppliers, so ENGINE users can have them ready in a simple format at the moment of making procurement decisions.
Telling a story behind the data. That’s what ENGINE’s journalism is about. Gathering what’s relevant, making sense of data to support market our view and giving users relevant information to make smarter decisions. ENIGINE’s News feed comprises our own proprietary pieces and articles, and a collection of the most interesting content by third parties, all in one place.
Forward markets are a key element of a proper risk management structure. Combining physical delivered markets with paper transactions, gives users a unique platform to deploy their strategies. ENGINE has partnered with top brokerage firms to put in one single place all the derivatives markets that are relevant to bunker buyers.
