Software-as-a-Service (SaaS) company Closelink is now helping operators in the maritime industry make informed decisions regarding lubrication procurement.
Its new digital platform employs analytics driven by data to support ship managers and ship owners drawing up a strategy that cuts annual lubricant operating expenses (OPEX).
The platform is endorsed by lubricant leaders like Shell and Castrol. Both companies produce built-for-purpose products for the marine sector like hydraulic oil, marine grease and rust preventative oils that protect vessels from harsh environmental conditions that can cause corrosion.
Digitalisation in the shipping industry is rapidly changing conventional business models. It is also bringing data-powered insights and greater transparency to decrease fuel consumption, improve energy efficiency and reduce OPEX.
Now, Closelink is supplying this insight and transparency to the field of marine lubricant procurement.
Maritime managers and shipowners who employ Closelink’s online platform can now build their buying strategies while managing the inventory they retain for their fleet, driven by analytics from present and past lubricant data.
Enhanced planning for procurement can result in multiple benefits like greater cost savings, efficiency and reduced OPEX. The platform developed by Closelink is currently serving around 1,500 seafaring vessels in active service.
Regional manager for business development at Closelink, Aneeshmon Thankappan, commented on cost savings. Based on the data of existing customer experience, Closelink delivers five to 15 per cent savings on lubricant operational expenses. A staunch advocate of digital sustainability, Thankappan added that through data integration, the SaaS firm enables clients to make optimal decisions that ensure dependable supply.
