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Fuel Insight
New DNVPS fuel management benchmarking web application

Bunker expenses represent a large fraction of a vessel’s operational costs and must be monitored carefully. But other
than bunker prices, volatile fuel quality trends, supply chain developments and increasingly stricter environmental
regulations are now equally important factors, effectively transforming today’s marine fuel management into a much
more complex process.

Improving the bunker purchase evaluation and decision-making processes can help charterers, ship operators and ship owners
achieve substantial cost savings and risk reductions, provided they have quick access to reliable data on supplier performance.

Fuel Insight, a cutting edge data-analytics tool by DNV Petroleum Services, is designed with these considerations in mind. A fast
and powerful online benchmarking tool, it helps fuel buyers and fleet operators get the best value for money from their bunker
purchases. At the same time, users can evaluate the fuel-related performances of individual vessels and fleets against industry
averages and identify potential improvements.

www.dnvps.com
Unique Features of Fuel Insight
■ Price Correction Calculator estimates corrected bunker
prices based on suppliers’ quoted prices, taking into consid-
eration their historical fuel delivery performances in density
deviations (values reported in Bunker Delivery Notes as com-
pared to tested results), sediment content and fuel energy.
The Energy component is included by comparing the energy
content in delivered bunkers to the global energy average for
the fuel grade.

From the calculated price correction, a financial loss/gain (in

US dollar) and a quantity loss/gain (in metric ton) are instantly
listed to give an easy to read benchmark.

■ Reporting Benchmark compares the selected supplier’s

Bunker Delivery Note values for density, sulphur and viscosity
against lab-tested results

■ Statutory Benchmark evaluates the compliance record of the

selected supplier’s deliveries in relation to sulphur and flash-
point regulatory requirements

■ Financial Benchmark is similar to the Price Correction Calcu-

lator, except that the reporting is on a 0-100 scale, instead of
US dollar or metric ton

■ Technical Benchmark analyses the technical quality of the

selected supplier’s products by evaluating critical ISO 8217
bunker quality parameters weighted according to their levels
of importance.

The score for each of the four benchmarks in Fuel Insight

ranges from 0 (worst) to 100 (best). When evaluating the
overall performance of the selected supplier according to these
benchmarks, users can assign different weights (Low, Medium
or High) to each as well as have the option of excluding any of
the benchmarks from the evaluation. The overall score is also
in the 0 to 100 range and is an arithmetic average of all selected
scores.

Accurate and Reliable Insights

Supported exclusively by the DNVPS marine fuel quality
database – the biggest in the industry – Fuel Insight connects
the whole bunker industry to a reliable online repository of
bunker intelligence.

Improve your risk management with fast, accurate performance

monitoring and decision-making, now available at your
fingertips.

Fuel Insight Enquiries

To arrange a Fuel Insight product demonstration in your office,
or request for a 30-day no-obligations trial, please contact your
nearest DNVPS regional office.

DNVPS Singapore
27 Changi South Street 1
Singapore 486071
Phone: +65 6779 2475
Fax: +65 6779 5636
Email: singapore@dnvps.com
DNVPS Oslo DNVPS Rotterdam DNVPS Houston DNVPS Fujairah
Veritasveien N-1363 Zwolseweg 1 318 North 16th Street Port of Fujairah,
Høvik, Norway 2994 LB Barendrecht La Porte, Texas 77571, USA P.O. Box 1227
Phone: +47 67 57 9900 The Netherlands Phone: +1 281 470 1030 Phone: +971 9 222 8152
Fax: +47 67 57 9393 Phone: +31 10 292 2600 Fax: +1 281 470 1035 Fax: +971 9 222 8153
Email: dnvps.oslo@dnv.com Fax: +31 10 479 7141 Email:houston@dnvps.com Email: fujairah@dnvps.com
Email: rotterdam@dnvps.com

www.dnvps.com DNVPS/FI/V0R0/1011