The world’s most comprehensive marine fuel platform
It all comes down to data. The core element underpinning ENGINE’s unique place as the go-to tool for bunker and shipping professionals alike, is our data. Building a data pool is more of a journey, rather than a one-off effort. This is 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 is pricing. 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 market transactions occur giving users a unique view of the market, as it happens. No assessments, no perceptions, just real prices from concluded transactions.
ENGINE hosts the single largest fuel quality database in the world. Results produced by fuel testing labs are anonymised and added into ENGINE’s data pool in real time, giving users an unparalleled understanding of delivered fuel quality. No preliminary COQs, no estimates, this is the quality measured at ships manifold and the best predictor of what ships may 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 alike, is our data. Building a data pool is more of a journey, rather than a one-off effort. This is 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 is pricing. 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 market transactions occur giving users a unique view of the market, as it happens. No assessments, no perceptions, just real prices from concluded transactions.
ENGINE hosts the single largest fuel quality database in the world. Results produced by fuel testing labs are anonymised and added into ENGINE’s data pool in real time, giving users an unparalleled understanding of delivered fuel quality. No preliminary COQs, no estimates, this is the quality measured at ships manifold and the best predictor of what ships may receive.
The best price and quality data is meaningless if shipowners cannot see fuel availability. ENGINE’s data team contacts physical suppliers from around the world every day to assess the availability of various fuel grades. This is not a conceptual availability, this indicates whether the fuel can be delivered at the ship’s manifold and when, which is what matters most to ship owners.
Often the most overlooked aspect of marine fuels procurement, though by no means least relevant. ENGINE’s data team continuously collects, processes and compares GTCs of physical suppliers, so ENGINE users can consider the contractual risks when making procurement decisions.
ENGINE uncovers and shares the stories behind the data. Gathering and analysing relevant data, forming a view and providing users with accurate information to make smarter decisions. ENGINE offers proprietary expert research, news from the people on the ground, webinars and many more.
Forward markets are the key element of any risk management structure. Combining physical and paper markets data in one platform allows users to efficiently create and deploy their risk strategies. ENGINE has partnered with top brokerage firms to offer derivative markets data and information relevant to bunker buyers.
