TANKER OPTIMIZER

Optimization to allocate and schedule, owned or time and spot chartered tankers in order to meet forecasted demands at various ports, satisfying port and vessel constraints, minimizing costs and maximizing vessel utilization

WHY TANKER OPTIMIZER?

MAXIMIZE PROFITS
AND MINIMIZE COSTS

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Maximize the utilization
of time or spot chartered
and owned vessels. Minimize the costs of vessel operations through smart scheduling.

SMARTER VESSEL
SCHEDULING

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Scheduling of vessels in
order to match oil deliveries
from load to demand
locations.

SATISFY
CARGO DEMAND

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Varying demand of oil
products, resulting in
demand volatility, being
met by fixed number of
time or spot chartered and
owned vessels.

VARIOUS PORT &
VESSEL CONSTRAINTS

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Demand being satisfied
and ensuring that closing
balance at various
discharge ports do not
drop below safety stock.

THE OPTIMAL SOLUTION
TO TANKER OPTIMISATION CHALLENGES

The algorithms in our software optimizes for port and vessel constraints. With over 50 000 variables to consider, manual planning simply cannot maximize profits or minimize costs. Tanker optimizer assists your planners and ensures smarter vessel scheduling, cargo demand satisfaction, and all port and vessel constraints are taken into account. This results in optimal utilization of your tanker fleet, reduction in time and costs and higher ROI.

  • Asset 4

    SCHEDULE FOR
    30 TO 90 DAYS

    Scheduling & forecast demand
    10+ vessels
    2 Load Ports
    7 Discharge Ports
    Multiple grades

  • Asset 5

    SCHEDULE FOR
    90 TO 180 DAYS

    Scheduling & Forecast demand
    10+ vessels
    2 Load Ports
    7 Discharge Ports
    Multiple Grades

PRESENT DAY CHALLENGES
IN THE TANKER INDUSTRY

Tanker icon 1

EXTREME COMPETITION

Asset 9

ECONOMIC INSTABILITY

Tanker icon 3

SOARING FUEL PRICES

Tanker icon 4

TRADE WARS

Tanker icon 5

SUPPLY AND DEMAND IMBALANCE

Tanker icon 6

DEMAND FOR CONTINUOUS INNOVATION

WHY USE TANKER VESSEL
SCHEDULE OPTIMIZATION?

  • Tanker-icon-7-1

    LOAD
    SIDE

  • Tanker-icon-8-1

    TANKER VESSELS
    & SCHEDULING

  • Tanker-icon-9-1

    DISCHARGE
    SIDE

Optimal utilisation of terminal / loading jetty

Ensures satisfaction of load side annual
contract limits and choosing alternative load
site in case of production shortfall

Supply side annual constraints for quantity
and cargo grade

Maximize the utilization of time or spot
chartered and owned vessels

Minimize the costs of vessel operations
through smart scheduling

Scheduling of vessels in order to match oil
deliveries from load to demand locations

Creating vessel schedules with
- Lay can dates at load port
- Loading date nominations
- Arrival load jetty
- Arrival discharge jetty

Identifying the number, type, size of tanker
vessel, to time or spot charter, matching with
the constraints as defined at the load and
discharge ports.

Optimal utilization of oil terminals / jetty
infrastructure

Supplying the forecasted demand of
multiple grades at discharge ports with
congestion and berthing window constraints

Option to choose ship-to-ship transfer

OPTIMIZATION PROCESSES

Tanker-image-1-1-e1628586692389

WHY USE TANKER VESSEL
SCHEDULE OPTIMIZATION?

  • Tanker-icon-7-1

    LOAD
    SIDE

Optimal utilisation of terminal / loading jetty

Ensures satisfaction of load side annual
contract limits and choosing alternative load
site in case of production shortfall

Supply side annual constraints for quantity
and cargo grade

  • Tanker-icon-8-1

    TANKER VESSELS
    & SCHEDULING

Maximize the utilization of time or spot
chartered and owned vessels

Minimize the costs of vessel operations
through smart scheduling

Scheduling of vessels in order to match oil
deliveries from load to demand locations

Creating vessel schedules with
- Lay can dates at load port
- Loading date nominations
- Arrival load jetty
- Arrival discharge jetty

Identifying the number, type, size of tanker
vessel, to time or spot charter, matching with
the constraints as defined at the load and
discharge ports.

  • Tanker-icon-9-1

    DISCHARGE
    SIDE

Optimal utilization of oil terminals / jetty
infrastructure

Supplying the forecasted demand of
multiple grades at discharge ports with
congestion and berthing window constraints

Option to choose ship-to-ship transfer

OPTIMIZATION PROCESSES

Tanker-image-1-1-e1628586692389

OUR EXPERTISE
Within optimization across domains

  • 1

    OPTIMIZATION IN THE LINER SHIPPING

    • Container vessel Stowage Optimization
    • Liner Fleet Optimization
    • Vessel Scheduling Optimization
    • Equipment repositioning Optimizer
    • Vessel utilization with customer & cargo selectio
    • Maximizing intake of laden TEUs, reefers and empty TEUs
    • Route Network Optimizer

  • 2

    OPTIMIZATION
    FOR THE OIL & TANKER
    INDUSTRY

    • Fleet planning, scheduling
      and optimization

  • 3

    LOGISTICS

    • Optimizing warehouse capacity and location planning

  • 10

    BULK
    SHIPPING

    • Bulk cargo, fleet planning and
      scheduling
    • Bulk carrier loading maximization

  • 4

    OPTIMIZATION
    PROGRAMMING
    EXPERTISE

    • Linear programming
    • Mixed integer programming
    • Mixed integer linear programming
    • Mixed Integer Non-linear programming
    • Heuristics algorithms

  • 5

    AI & MACHINE
    LEARNING PLATFORM

    • AI/ Machine Learning algorithms
    • Deep Learning Algorithm

  • 6

    CLOUD-BASED
    SOLUTION

    • Software as a service (SaaS)
    • Subscription based service
    • Data integration with REST API
    • ETL Platform for data export &
      transformation
    • HTTPS for security

9

Professionals with varied
experience in large scale
optimization model.

8

Team with varied
experience in liner, bulk,
tanker and logistics

7

Years of experience in
optimization, application
development and ai /
machine learning.