Blue Water Trade Winds Ltd, an India-based SaaS company, has announced its partnership extension with Shell International Trading & Shipping Company Ltd (STASCO) for an additional three years.
STASCO has been using Blue Water’s BOSS voyage planning application for the past five years, a solution which can reportedly improve fuel efficiency by between 4-6 per cent.
The new agreement is for an initial three-year period, with the option of extending it for another year.
Additionally, following a benchmarking exercise among competing industry systems and extensive trials, Shell is now in the process of rolling out BOSS for LNG application across its LNG Time Charter fleet as well.
This agreement will also be for a period of three years, with the option to extend it by another year.
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“The renewal of our contract, to serve a larger fleet in the coming years, is a testament to the success of BOSS,” said Kumaresh Gupta, Founder and Managing Director of Blue Water.
“The BOSS team remains indebted to Shell for its help in developing such an advanced system.”
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STASCO supports the Shell businesses by trading natural gas, electrical power, crude oil, refined products, chemical feedstocks, and environmental products.
It also commercially manages one of the world’s largest fleets of LNG carriers and oil tankers.
