TANKER OPTIMIZER
Optimization to allocate and schedule, owned or time and spot chartered tankers in order to meet forecasted demands at various ports, satisfying port and vessel constraints, minimizing costs and maximizing vessel utilization
WHY TANKER OPTIMIZER?
MAXIMIZE PROFITS
AND MINIMIZE COSTS
Maximize the utilization
of time or spot chartered
and owned vessels. Minimize the costs of vessel operations through smart scheduling.
SMARTER VESSEL
SCHEDULING
Scheduling of vessels in
order to match oil deliveries
from load to demand
locations.
SATISFY
CARGO DEMAND
Varying demand of oil
products, resulting in
demand volatility, being
met by fixed number of
time or spot chartered and
owned vessels.
VARIOUS PORT &
VESSEL CONSTRAINTS
Demand being satisfied
and ensuring that closing
balance at various
discharge ports do not
drop below safety stock.
THE OPTIMAL SOLUTION TO
TANKER OPTIMISATION CHALLENGES
The algorithms in our software optimizes for port and vessel constraints. With over 50 000 variables to consider,
manual planning simply cannot maximize profits or minimize costs. Tanker optimizer assists your planners and
ensures smarter vessel scheduling, cargo demand satisfaction, and all port and vessel constraints are taken into
account. This results in optimal utilization of your tanker fleet, reduction in time and costs and higher ROI.
SCHEDULE FOR
30 TO 90 DAYSScheduling & forecast demand
10+ vessels
2 Load Ports
7 Discharge Ports
Multiple grades
SCHEDULE FOR
90 TO 180 DAYSScheduling & Forecast demand
10+ vessels
2 Load Ports
7 Discharge Ports
Multiple Grades
WHY USE TANKER VESSEL
SCHEDULE OPTIMIZATION?
LOAD
SIDE
TANKER VESSELS
& SCHEDULING
DISCHARGE
SIDE
Optimal utilisation of terminal / loading jetty
Ensures satisfaction of load side annual
contract limits and choosing alternative load
site in case of production shortfall
Supply side annual constraints for quantity
and cargo grade
Maximize the utilization of time or spot
chartered and owned vessels
Minimize the costs of vessel operations
through smart scheduling
Scheduling of vessels in order to match oil
deliveries from load to demand locations
Creating vessel schedules with
- Lay can dates at load port
- Loading date nominations
- Arrival load jetty
- Arrival discharge jetty
Identifying the number, type, size of tanker
vessel, to time or spot charter, matching with
the constraints as defined at the load and
discharge ports.
Optimal utilization of oil terminals / jetty
infrastructure
Supplying the forecasted demand of
multiple grades at discharge ports with
congestion and berthing window constraints
Option to choose ship-to-ship transfer
OPTIMIZATION PROCESSES
OUR EXPERTISE
Within optimization across domains
OPTIMIZATION IN THE LINER SHIPPING
- Container vessel Stowage Optimization
- Liner Fleet Optimization
- Vessel Scheduling Optimization
- Equipment repositioning Optimizer
- Vessel utilization with customer & cargo selectio
- Maximizing intake of laden TEUs, reefers and empty TEUs
- Route Network Optimizer
OPTIMIZATION
FOR THE OIL & TANKER
INDUSTRY- Fleet planning, scheduling
and optimization
- Fleet planning, scheduling
LOGISTICS
- Optimizing warehouse capacity and location planning
BULK
SHIPPING- Bulk cargo, fleet
planning and
scheduling - Bulk carrier loading
maximization
- Bulk cargo, fleet
OPTIMIZATION
PROGRAMMING
EXPERTISE- Linear programming
- Mixed integer programming
- Mixed integer linear programming
- Mixed Integer Non-linear
programming - Heuristics algorithms
AI & MACHINE
LEARNING PLATFORM- AI/ Machine Learning
algorithms - Deep Learning Algorithm
- AI/ Machine Learning
CLOUD-BASED
SOLUTION- Software as a service (SaaS)
- Subscription based service
- Data integration with REST API
- ETL Platform for data export &
transformation - HTTPS for security
Professionals with varied
experience in large scale
optimization model.
Professionals with varied
experience in large scale
optimization model.
Years of experience in
optimization, application
development and ai /
machine learning.