Make Sure Your Firm Is Part Of Our Growing List!
Start Transacting Today.
Request A Demo Today



    Platform

    Price Assessment

    The Problem... Opacity

    Pricing is inherently one of the opaquest aspects of the bunker market, with transactions worth millions of dollars taking place With limited visibility in pricing which affects shipowners and suppliers alike. This limited visibility in part stems from the fact that currently there are no indexes or benchmarks that capture the market accurately, timely and widely enough to serve market participants in their day-to-day transacting. Most of the references available, cover only a selection of ports, their assessment methodologies are quite opaque themselves – reducing their usefulness – and their daily reporting on a backward-looking basis, fails to capture the intra-day movements that market participants require to conduct their trading.

    The Solution... Real-time pricing

    Leveraging on the large amount of data that the platform captures, ENGINE has the ability to assess and report market movements as they occur, sparing market participants the need to relay on indexes that, at best, capture the market that occurred rather than the one that is happening. On ENGINE, actual transactions are captured as they occur, information is anonymized and made available in real time so other users can form a judgement on how the market is behaving and adjust their decision making accordingly. As the information is completely anonymized, using ENGINE, users can go as granular as analysing each individual transaction; or, for a more immediate high level view, just relay on ENGINE’s price assessment, which is formed just on the basis of the transacting that is conducted through the platform.

    Price Assessment

    Pricing is inherently one of the opaquest aspects of the bunker market, with transactions worth millions of dollars taking place With limited visibility in pricing which affects shipowners and suppliers alike.

    LSMGO
    HSFO
    VLSFO
    Singapore
    0.2434%
    Houston
    0.2434%
    Fujairah
    0.2434%
    Rotterdam
    0.2434%

    Engine

    326.22

    Engine

    42.85

    Engine

    42.85

    Engine

    42.85

    Platform

    Price Assessment

    LSMGO
    HSFO
    VLSFO
    Singapore
    0.2434%
    Houston
    0.2434%
    Fujairah
    0.2434%
    Rotterdam
    0.2434%

    Engine

    326.22

    Engine

    42.85

    Engine

    42.85

    Engine

    42.85

    The Problem... Opacity

    Pricing is inherently one of the opaquest aspects of the bunker market, with transactions worth millions of dollars taking place With limited visibility in pricing which affects shipowners and suppliers alike. This limited visibility in part stems from the fact that currently there are no indexes or benchmarks that capture the market accurately, timely and widely enough to serve market participants in their day-to-day transacting. Most of the references available, cover only a selection of ports, their assessment methodologies are quite opaque themselves – reducing their usefulness – and their daily reporting on a backward-looking basis, fails to capture the intra-day movements that market participants require to conduct their trading.

    The Solution... Real-time pricing

    Leveraging on the large amount of data that the platform captures, ENGINE has the ability to assess and report market movements as they occur, sparing market participants the need to relay on indexes that, at best, capture the market that occurred rather than the one that is happening. On ENGINE, actual transactions are captured as they occur, information is anonymized and made available in real time so other users can form a judgement on how the market is behaving and adjust their decision making accordingly. As the information is completely anonymized, using ENGINE, users can go as granular as analysing each individual transaction; or, for a more immediate high level view, just relay on ENGINE’s price assessment, which is formed just on the basis of the transacting that is conducted through the platform.

    One screen, all the data

    No system will be able to predict where prices will go. But ENGINE goes as far as it can possibly go: giving users all the information available in a handy way for them to make an educated judgement of the market’s direction. In one single screen, users can not only see Engine’s Realtime Price Assessment, but also each and every pricing point that contributes to it.

    Compare multiple ports

    ENGINE’s modular architecture allows users to see markets alongside each other and understand arbitrages, trends and, mostly important, spot opportunities. Once the user has a sense of where the market is heading and which ports might be the optimal ones, jump to the Bunker Planner to confirm your strategies and execute accordingly.

    Map view

    See prices updated in real time across the globe for all the typical grades traded. Furthermore, select a port and let ENGINE show you spreads to that port for an easier understanding on where the most competitive alternatives lay.

    Mobile

    Harness all the power of ENGINE,
    while on the go on your mobile phone.
    Make sure your firm is part of our growing list!

    Start Transacting

    Request A Demo Today