Top Industry Leaders in the Marine Fuel Optimization Market
*Disclaimer: List of key companies in no particular order
Latest Company Updates:
October 2023
Leading dry bulk ship owner Berge Bulk has announced the introduction of a newcastlemax bulk carrier equipped with four WindWings—a wind-powered technology that lowers emissions and fuel consumption.
Equipped with four BARTech WindWings from Yara Marine Technologies, the M/V Berg Olympus will sail between China and Brazil, which are both known for having ideal wind conditions. The 20-meter-wide and 37.5-meter-tall steel and composite-glass rigid sails can be adjusted to maximize the ship's fuel efficiency. The four wings' combined surface area of 3,000 square meters is actually more than three times larger than the wings of the A380, the largest passenger plane in the world.
Berge Bulk's ambitious goal to become carbon neutral by 2025 includes the installation. The company's Marshall Plan, a four-pillar decarbonization strategy, is centered on increasing fleet efficiency, utilizing cutting-edge maritime technology, testing new fuels, and making investments in carbon capture.
October 2023
StratumFive, a well-known maritime tech company, has been successfully acquired by Pole Star Global, the industry pioneer and leader in maritime intelligence technology with the largest blue water fleet under management. Regulatory compliance, performance analytics, fleet monitoring, and voyage optimisation are all combined into one potent platform with StratumFive's Podium5, an award-winning voyage informatics platform.
With PurpleTrac and MDA, which are used by major government agencies, international banks, and vessel operators worldwide, Pole Star already leads the industry in vessel compliance and tracking solutions; this acquisition enhances this leadership. Using advanced model-based route optimisation, the Podium5 platform improves vessel performance and safety. It does this by utilising the FleetWeather capability that was previously acquired.
Top listed global companies in the industry are:
- DNV-GL AS (Norway)
- ABB Ltd. (Switzerland)
- Siemens AG (Germany)
- Eniram Oy (Finland)
- Krill Systems (U.S)
- Nautical Control Solutions LP (U.S)
- Bergan Blue (U.S)
- Banlaw Systems (Europe) Ltd (U.K)
- The Emerson Electric Company (U.S)
- Interschalt Maritime Systems GmbH (Germany), and others.