PortStats is an interactive dashboarding service where users can access near-real time fuel quality statistics in an intuitive and user-friendly way. In the primary PortStats application, users are able to benchmark and compare fuel quality data from any fuel supplier, from any bunkering port where VPS has performed fuel quality testing. As market leader of the global marine fuel quality testing market, VPS offers access to the most reliable and complete dataset available in the market through the PortStats platform.
Immediate Added Value
PortStats offers two key value propositions to its users:
- Cost saving: PortStats offers its users insights into the calorific value, water and density of marine fuels offered in the market. By knowing these commercial parameters of marine fuels in certain regions, or from certain suppliers, users will be able to optimise their decision-making, for example in the areas of bunker sourcing & procurement, trading, selling & distribution. This means that, whilst one fuel may be cheaper on paper, based on the output from the PortStats system you may choose to go for the more expensive fuel, simply because this would generate more value (energy) for money.
- Risk mitigation: PortStats provides its users with intel on the off-spec fuels that were bunkered and reported in a certain port. Being aware of these off-specs before procuring the fuel can mitigate some of the risk of consuming marine fuels that you would typically not know the quality of. Furthermore, by pro-actively anticipating potential quality issues, consumers of marine fuels can inform their fleet and crew accordingly and adapt their fuel treatment processes.
The goal of the PortStats data analytics platform is to offer transparency to the maritime industry when it comes to fuel quality. As part of a growing portfolio of data-driven services, VPS will release several digital applications through this platform in the near future for other service lines, such as lube oil condition monitoring and separator performance monitoring. VPS also offers custom dashboards to its customers, which are designed and developed from the ground-up for the customer’s specific purposes.
If you are interested in the value that the PortStats platform can unlock for you or wish to request a product demo or trial account, please click here to register and we will reach out to you as soon as possible. Existing VPS customers may also contact their local VPS Account Manager.