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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.

Savings Examples by Operating Mode

Underway

By taking advantage of the BestEconomy™ throttle optimization feature 75% of the time while in transit between shore base and offshore installation, vessels reduced total fuel expenditure by 7.5%.

DP

Savings were achieved by studying the numbers of engines running during DP operations. Comparing minute-by-minute data, an overall 5.4% savings were achieved by adjusting standard DP operations from 4 engines to 2 engines used at least 75% of the time spent in DP. 

Standby

Similar to DP mode, by comparing vessel engine use with single minute fidelity, significant savings were achieved by reducing from 2 engines to 1 engine. This change to engine use was made 75% of the time and the operator was able to achieve an additional 2.5% savings. 

Dock

Optimizations resulted from managing the type of machinery used while in port. By ensuring the selection of more efficient generators and monitoring consumers in real-time, the operator further reduced fuel spend by 3.9%.

Meet Net-Zero Emissions while saving big on vessel fuel costs with FUELTRAX

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