Cargill has invested in ZeroNorth and has committed its entire operated fleet to using the Optimise software to reduce bunker consumption – and by extension CO2 emissions - through digital technology.
The increased scale is expected to support ZeroNorth, the recent spin-off from Maersk Tankers, in further developing its offering and growing its customer base. The collaboration will increase the number of vessels using the software to just under 1,000.
Commenting on the strategic partnership, Jan Dieleman, Business Leader for Cargill Ocean Transportation, said: ‘By using the quantitative data approach on vessel performance, Cargill’s customers will benefit from reduced CO2 emissions and bunker consumption.’
Dieleman added: ‘By partnering with ZeroNorth, we will combine Cargill’s experience in chartering and trading with ZeroNorth’s expertise in software engineering.’
In June 2020, ZeroNorth announced it was looking for a new investor alongside Maersk Tankers to grow and develop the company into an industry-wide platform for the global tanker and dry bulk fleet. As investor, Cargill is expected to play an active role in shaping the company’s strategic direction. Cargill has been a customer since 2019, testing the Optimise software on part of its chartered fleet.
Soren C. Meyer, CEO at ZeroNorth said having Cargill as a large-scale customer and investor represented ‘another step towards digitalising the tramp shipping industry to make a positive impact on the climate.’
Meyer said: ‘We are excited to have Cargill and Maersk Tankers, two industry leaders, as both owners and customers of ZeroNorth. They share our commitment to leading the industry to a more sustainable future and we will harness their insight to deliver value for our customers, and for the industry as a whole.’
Bunkerspot spoke to Meyer in July to find out how ZeroNorth translates data collection into action. Click here to read the full article.
Meyer will also be speaking with Bunkerspot Executive Editor Lesley Bankes-Hughes tomorrow (3 September) at 12.35pm as part of the Global Bunkering Summit 2020 which gets underway today. For more information on how to register for the free the virtual event, click here.