Fueltrax Technology News

Fueltrax reports it has won a series of contracts from a group of deep sea and offshore support vessel operators working with a global oil company in Southeast Asia.Of 30 ships that implemented a fuel management system at the urging of their oil company customer to ensure accurate fuel usage transparency and emissions tracking, 28 of them chose the Fueltrax Electronic Fuel Management System (EFMS), the Texas-based company said.The patented Fueltrax EFMS measures direct fuel consumption and transfers on board, enabling vessel operators to reduce operational and fuel costs.

FuelTrax has partnered with Topl to use Topl’s Blockchain-as-a-Service (BaaS) platform to meet the demand for greater transparency in energy trading operations.With blockchain integrated into EFMS products, each step in the energy trading process has an equivalent digital step, including contract formation, asset tracking, and delivery of the product. As supply chain events occur in real-time, each is added to the Topl Blockchain, where a tamperproof record will live forever,…

Gulf Coast Fuel Supply, an offshore fuel supplier specializing in MGO and VLSFO deliveries at the Galveston Lightering area, has partnered with FUELTRAX to install its fuel monitoring solution on the chemical tanker Bonaire Trader. Bonaire Trader was built in 2007 and has previously operated at South African ports. She now serves customers in the Galveston area near Houston, Texas. The vessel's carrying capacity is 11255 t DWT, and her current draught is reported to be 5.6 meters. Her length overall (LOA) is 116.5 meters, and her width is 20 meters.

FUELTRAX will host a free one-day electronic fuel monitoring solution (EFMS) symposium in Lagos, Nigeria on June 28, to demonstrate the impact of FUELTRAX technology in the West Africa Region.Representatives from FUELTRAX  will inform how the electronic fuel monitoring solution can ensure fuel security, guarantee compliance and optimize the performance. The symposium at Four Points by Sheraton Lagos will includes technology demonstrations, expert advice, lunch, and Q&A sessions.The EFMS uses Coriolis mass-flow meters and operating a closed-loop system. It connects owners and operators to their fuel data in real-time, ensuring compliance with MRV regulations…

Nautical Control Solutions (NCS) announced that it has successfully defended its United States patent protection rights on its FuelTrax marine fuel management system (U.S. Patent Number 7,024,317).  NCS has settled recent claims regarding patent infringement in the marine fuel management market space which protects the investment in the FuelTrax technology and protects the customer’s right to the technology on all existing and future installations.

Nautical Control Solutions, LP (NCS) of Houston, TX announced the signing of a marketing agreement with McLean, Va.-based Alion Science and Technology (Alion). The agreement enables Alion to specify and add engineering value to Nautical Control Solutions' FuelTrax Suite for marine fuel monitoring and optimization. In turn, NCS will tap Alion for the company's marine engineering expertise in selected opportunities. NCS provides automated control solutions specifically designed to optimize marine performance through the patented FuelTrax technology and is continuing to develop complementary solutions. Through relationships with leaders in the marine industry…