Bunker Planners, Optimization, Refueling Planning , Refueling Optimization
BOptimum
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Welcome to BOptimum

An Optimization software application developed by Bunker Logistics division of LQM Petroleum Services, Inc. for Bunker Refueling Planning and On Board Fuel Inventory Management.

 BOptimum™ Comprises of:

Optimization via Dynamic programming
Solves refueling planning which is complex and requires making repetitive decisions in a dynamic shipping and supply market
Artificial Intelligence
Mimics and simulates the human intelligence of a company’s experts with incredible speed bringing together all internal and external parties with focus toward a common goal of fuel cost reduction and safety
Supply specialists and IT data management support available on line in addition to a integrated to industry recognized bunker information web site www.lqm.com
 
BOptimum
 
Optimize (Price) / Minimize (Volume)
 
Application recommends lowest priced port(s) in voyage port string to refuel consecutively to ensure completion of voyage with sufficient fuel (Min company defined safety margin) on board on arrival every port enroute and at last port in defined voyage.
 
Optimize (Price) / Maxmize (Volume)
 
Application recommends lowest priced port(s) to refuel to maximum ullage capacity available with net result to lower fuel cost per ton over consecutive refuelings and also ensuring safety margin met on arrival every port and at end of voyage.
 
Forecast
The forecasting module of  BOptimum™ uses state-of-the-art statistical techniques to combine historical pricing information with user’s own assessment of the future pricing dynamics. This blend of statistical and “gut-feel” forecasting allows user to predict
Adistribution of bunker prices at a selected port on a selected future date.
 
BIntouch
 
Open view and access to company’s bunker planners and buyers for vessel and fleet’s real time tank inventory, ullage, tank distribution, optimized refueling options and intentions. A built in distance table, price forecasting module and data base with 100’s of ports with historic and daily refreshed prices and fuel availability support a comprehensive operating schedule for tramp and liner vessels.
 
 
Real time alerts to a vessels safety reserve on board and also to the supply and situational risks impacting a ships schedule and planned future replenishment options and intentions.
 
 
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