Introducing
Bunker Procurement Powered by ENGINE Intelligence
Bunkering is
increasingly
complex, more
volatile than ever
and with large
amounts of money
at stake.
INTRODUCTION
Past
• Two main grades
• Relatively few bunker-only ports
Present
• Five main grades
• Quality issues more pronounced
• Many bunker-only ports
• Price dislocations
Future
• New alternative fuels
• Regular fuels with bio content
• Tighter emission regulations
• Carbon trading schemes
Information is
transforming the
way marine fuel
is procured.
ENGINE’s intelligence platform
has opened a whole new world
of real-time data to their users,
transforming the way the think
when buying bunkers.
WHY ENGINE X?
Introducing
Trade execution is
becoming the new
frontier in achieving
efficiency when
procuring bunkers.
WHY ENGINE X?
Once information is transparent and
available in real-time, traditional trading can
be a limitation to put in practice efficient
bunkering strategies.
ENGINE X comes in as the perfect solution
for those in need to execute transparent,
information-driven bunkering decisions.
1
Global reach
On the back of a network of vetted suppliers,
ENGINE X offers its customers a one-stop shop
for their bunkering needs across the world.
How does ENGINE X
Same data
transform bunker
2
Our traders use the same real-time data as
trade execution?
ENGINE users, making the transition from
decision-making to execution, seamless.
3
WHY ENGINE X?
Credit
Engine Trading is here to support its customers
with extended credit terms, thanks to its robust
balance sheet and credit lines.
4
5
6
Transparency
Enjoy the benefits of having all your stems in one
place, automatically migrated into your ENGINE
account, enhancing transparency and auditability.
Operations support
Our operational back-offices based in Singapore,
Dubai, London and Houston, ensures there is
always someone actioning your deliveries.
Claims
Eventually, deliveries may face operational
challenges. Our claims experts are the best and
most effective way to mitigate costs.
WHY ENGINE X?
How ENGINE X
makes a difference
in the execution of
your bunkering
decisions?
Head offices
at the main
trading hubs:
Dubai and
Singapore.
London
Athens
Houston
Dubai
Singapore
Existing office
Office opening in Q1 2024
Operations
across all
main ports in
the world.
J
F
M
A
M
J
J
Concept and design.
Development begins.
A
S
O
First live fuel quality
data available
N
D
2019
Shipowners start uploading
their own stems
First price benchmark
report produced
J
F
M
A
M
J
J
A
100 active users
milestone achieved
J
F
M
A
M
J
J
A
M
A
M
N
D
2020
J
J
S
O
N
D
2021
Journalism team
fully staffed in India
with +10 full-time
reporters
Hit the +500 transactions
captured per day mark
F
O
ISO 27001
certification achieved
Partnership with FIS introduces
live derivatives prices in Engine
J
S
A
S
O
N
D
2022
D
2023
1000 active users
milestone achieved
Setup and
incorporation of
Engine Trading
J
F
M
First ET
back-office
staff hired
A
M
First ET
traders
hired
J
J
Formally launching
Engine Trading
A
S
O
N
Today, reaching a
new milestone in a
journey we began
five years ago.
We are only
getting started.
True separation lays at the
core of the trading and
intelligence platforms.
Individual servers on separate
premises, fully certified ISO 27001to
ensure top level data protection.
Traders sit on different entities, different
companies operating on arm’s length
basis from the information platform.
Data cleansing, processing and analysis
team operating principally from
separate offices in India.
Traders have access to ENGINE just as
any other regular user of the platform.
As for any other ENGINE user, data is
available only through the platform
following anonymisation and
aggregation procedures.
ENGINE X sits outside of the legal
structure of the information platform to
ensure there is no mutual recourse
between businesses.
The intelligence
platform that
started it all.
Trend analysis and
price alerts
Real-time world-wide pricing
Highly customizable front-end to tailor
your unique decision-making process
Effortless admin with all
your stems in one place
Most up-to-date
quality information
Benchmark your
procurement
against peers and
assess your
performance in a
transparent way.
Information available
on the go, with
ENGINE’s mobile app
and our proprietary
WhatsApp chat bot.
We look forward to
assisting you in futureproofing your business
and taking your bunkering
execution to the next level.