Chain of custody fuel transfers are a contentious issue in the maritime industry. In fact, a 2022 study* showed that 1 in 60 custody transfers end in formal quantity disputes, costing buyers an average of $27,790 per incident.
The reason for this? Traditional measurement practices which give inaccurate readings and create the opportunity for bunker fraud.
Fueltrax EFMS features unique flow meter hardware that is only designed, produced and installed by Fueltrax. So wherever your vessels may be in the world, rest assured that Fueltrax is accurately measuring, monitoring and keeping a real-time record of what enters and leaves your fuel bunker.
Our secure technology not only records fluid quantity but can also tell the difference between target fuel grades and contaminants such as water or waste chemicals as well as detecting air bubbles in the flow. All of which eliminates opportunities for suppliers to deviate from the bunker delivery note.
Again, when your vessels are at sea, Fueltrax EFMS monitors fuel consumption at all times, making sure your vessels are consuming exactly the right amount of fuel they should be for the type of voyage they are on.
Any attempt to interfere with the system or any patterns of fuel consumption that deviate from expectations will immediately trigger an alarm to notify you and, if you’re taking advantage of our Active Fleet Management Service, you’ll receive a direct phone call from our 24/7 operations center too.