Alfa Laval to acquire BunkerMetric
DUBAI, August 22, 2022
Alfa Laval, a world leader in heat transfer, centrifugal separation and fluid handling, has signed a deal to buy BunkerMetric, a Scandinavian software firm that develops advanced decision support tools for marine bunker vessels.
The acquisition is part of Alfa Laval’s strategy to expand its digital marine service offering and will be part of the recently acquired StormGeo, a global leader in weather intelligence software and decision support services. Closing of the acquisition is expected during Q3, 2022.
BunkerMetric, headquartered in Denmark, supports ship operators in finding the best bunker procurement plan and improving voyage margins by using sophisticated algorithms. The optimisation tools, together with StormGeo’s advanced route services, will enable ship owners to streamline operations to help them improve their bottom line. BunkerMetric’s procurement optimisation tool will become a subscription service within StormGeo’s existing offering.
“BunkerMetric will be a valuable complement to our expanding portfolio of solutions built upon advanced digital technologies,” says Sameer Kalra, President of the Marine Division, Alfa Laval. “This acquisition will strengthen our ability to support our customers in voyage routing and operational decision making, thereby helping them improve their vessels’ operational costs.”-- TradeArabia News Service