In the business of buying bunkers for the fleet, great individuals can reach remarkable results based on their experience, wits and intuition. However, the power of a good algorithm supported by relevant data and most importantly the relevant constraints, will in the end win on its sheer ability to perform restless calculations of all possible solutions and not biased by the old learning.
To test this point, maritime technology company BunkerMetric launched BunkerPlanner Lite, a free-to-trial technology demonstrating Artificial Intelligence qualities applicable to bunkering decision process. Finally, vessel operators and bunker desk managers can experience BunkerMetric capability to build higher quality prescriptive models using intelligent automation instead of traditional manual methods.
By signing up to access BunkerPlanner Lite, an operator is able to compare their planning skills against a computer-based planner. Great examples of a human planner beating the automated planner will be highlighted in our monthly newsletter.
What can be found in BunkerPlanner Lite?
Automatic planning. This is the big one. It is the same technology that underlies our flagship fee-based product BunkerPlanner.
Our automatic planning engine accelerates everything that an operator does to decide about bunkers. It speeds up analysis of vessel’s bunkering needs to consider common problems solved by the operator: when to bunker? what price to pay? which port to call on? what additional port costs to expect? The engine automates prescriptive modeling by employing the best machine learning algorithms to generate optimized, cross-validated prescriptions for consideration by the operator and the bunker buyer.
All that is required by the user is to enter the vessel’s IMO number, port of departure, port of destination, and bunker on board at the time of departure (RoB). Press the button to generate the plan and immediately receive e-mail link to the result.
Is the vessel already en route? No problem. Upon entering the vessel’s IMO number, using AIS coordinates, BunkerPlanner Lite identifies current position of the vessel and its sailing direction. Upon manually entering RoB from the latest noon report, the automatic planning engine takes care of the rest.