International commodities trader and transporter Trafigura is rolling out the platform across its 350-vessel fleet of ships
Singapore-headquartered Trafigura has taken an equity stake in Denmark-based maritime software provider ZeroNorth. Details of the contract were not released, but ZeroNorth said the deal includes installing its voyage optimisation systems, emissions analytics and vessel reporting tools across Trafigura’s controlled fleet.
As part of the agreement, Trafigura will join ZeroNorth’s group of strategic partners, contribute practical industry insights to product development and play an active role in shaping the company’s long-term direction.
“The implementation of ZeroNorth’s solutions is expected to deliver reductions in both fuel consumption and carbon emissions across Trafigura’s chartered fleet,” ZeroNorth said.
ZeroNorth’s platform combines artificial intelligence and data points such as live weather conditions, vessel specifications, ship performance data and fuel availability, to optimise operational performance.
“The ZeroNorth platform will help us optimise fleet performance through enhanced monitoring of fuel and emissions while improving data collection and quality. It will also strengthen our relationships with vessel owners through more effective communication and information sharing,” Trafigura head of shippinng Andrea Olivi said.
ZeroNorth, which launched in 2020 through a spin-off from Maersk Tankers, already counts Cargill, PSG Equity and Maersk Tankers as investors and said the addition of Trafigure would allow the company to further expand.
“Trafigura’s insight, scale and ambition will be invaluable to our strategic direction and will help accelerate the impact of our platform across the industry,” ZeroNorth chief executive Søren C Meyer said.
