Fuel Savings
The FUELTRAX system increases operational efficiencies and reduces costs using real-time and historical consumption at one-minute resolution, analytics tools, and operational alerts - all without additional capital investment or human intervention.
A case study performed with an International Oil Company demonstrated 19.3% in consumption savings throughout the implementation of FUELTRAX best practices and benchmarking analysis.
Optimization Method
FUELTRAX automatically captures fuel consumed in various operational MODES through geo-fencing and custom behavioral triggers (such as speed or engine use).
The primary MODES used by Upstream Marine Logistics operators include Underway (or Transit), DP, Standby, and Dock.
Once fuel expenditure was captured in these modes, the following savings were achieved in the four primary MODES.
Throttle Optimization
Utilizing FUELTRAX’s BestSpeed and BestEconomy optimization tools in FUELNET gives captains throttle recommendations in real-time. Helping achieve emissions reduction goals while saving on fuel spend.
FUELTRAX calculates real-time throttle optimizations as standard, which helps the captain obtain the best setting for each voyage. This delivers maximum vessel efficiency in accordance with the voyage’s objective, with significant fuel cost savings attained for small reductions in speed.
BestSpeed: Maximum speed with the minimum fuel.
BestEconomy: Maximize savings with small loss in speed.
