SwiftBulk partners with Fueltrax

SwiftBulk is installing the Fueltrax EFMS Photo: Fueltrax SwiftBulk is installing the Fueltrax EFMS Photo: Fueltrax

SwiftBulk Holding Co., a subsidiary of Tiptree, has partnered with Fueltrax to install an electronic fuel monitoring system (EFMS) and Fueltrax Vision on its Kamsarmax dry bulk carrier vessel.

SwiftBulk is implementing the EFMS on board the 2009-built, 82,000dwt Thestelia K. to improve operating efficiency, decrease environmental footprint with consumption tracking, and improve operating transparency.

Stefanos Kasselakis, chief executive of SwiftBulk, said the compay was excited to be working with the Fueltrax team. “The Fueltrax system allows SwiftBulk to increase operational efficiency and better manage operational costs while reducing our environmental impact,” he said. “The transparency Fueltrax provides greatly enhances our ship management capabilities, maximising both SwiftBulk’s and our customers’ return on investment.”

The EFMS includes direct fuel measurements via Coriolis flowmeter technology for the MITSUI MAN B&W 6S-60MC-C main engine and bunker monitoring for fuel quality detection upon loading.

With this installation, SwiftBulk also gains access to Fuelnet, the secure web portal which provides live updates of vessel location and vessel activities, completely independent from AIS.

Fueltrax Vision adds visual verification with 360° coverage of the vessel perimeter providing insights into vessel activities from anywhere in the world. All video footage collected by Fueltrax is coupled with existing fuel monitoring data and location tracking information to provide greater transparency in operations.


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