EPS uses DeepSea AI to significantly improve accuracy of fuel consumption forecasts

DeepSea Technologies, the award-winning Al-led maritime technology company and energy efficiency experts, today announced it has delivered weekly fuel consumption forecasts accurate to within 1% after a transformative 6-month project with Eastern Pacific Shipping (EPS). Measured against a baseline of standard data inputs, improved data quality reduced the inaccuracy of weekly fuel consumption forecasts to …

EPS uses DeepSea AI to significantly improve accuracy of fuel consumption forecasts Read More »

Asia Fuel Oil-VLSFO premium eases; Singapore stockpiles extend recovery

Spot premium for very low sulphur fuel oil (VLSFO) dipped on Thursday, while onshore stockpiles at Singapore rose for a second consecutive week. The Singapore cash premium for VLSFO was pegged at $8.25 a metric ton, reflecting competitive offers and a weaker backwardation at the prompt months. Meanwhile, refining cracks LFO05SGDUBCMc1 dipped below premiums of …

Asia Fuel Oil-VLSFO premium eases; Singapore stockpiles extend recovery Read More »

Scroll to Top