View all 800+ Maritime Companies details Sign up to Motion Ventures initiative, and access all companies and their details.
AlphaOcean is a digital freight risk management/trading technology company. Basically, the bunker engine manages risk and optimizes profit across the life of a voyage based on voyage selection, bunker grade & source, and emissions pricing & ratings.
AlphaOcean recently signed its first paid trial subscription with a public tanker company to manage its bunker risk exposure and the initial analysis of a single ship voyage found 10% cost savings from minimizing bunker purchases at expensive ports and 71% in risk reduction via hedging and refueling schedule. We have been getting very positive feedback so far as the AlphaOcean platform is addressing many risk management issues that are not covered by other platforms like Veson and Nautilus.
