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Ascenz Offers Remote Fuel Monitoring Device On Lease

Seatrade Asia Week - The Voice of Asian Shipping Issue 201

17 April 2014 – Singapore-based technology firm Ascenz is offering its proprietary Remote Fuel Monitoring device on lease, a move that may prove helpful to vessel operators when the port of Singapore mandates the use of the mass flow meters.

Ascenz’s Remote Fuel Monitoring technology, a device that allows remote monitoring of fuel consumption onboard vessels from offices ashore, is now available on a flat monthly fee over three to five years of lease, according to Chia Yoong Hui, ceo of Ascenz.

The availability of such a remote fuel monitoring device will be timely in view of Singapore’s mandatory regulation to use mass flow meters for bunkering from 1 January 2017.

All existing bunker tankers operating in Singapore will have to be fitted with an approved mass flow meter by 31 December 2016. In addition, all new bunker tankers applying for Singapore’s harbour craft (bunker tanker) licence after 31 December 2014 will need to be fitted with an approved mass flow meter.

“As a technology solutions provider, we want to give additional value to the entire supply chain and offer the leasing model of our Remote Fuel Monitoring system,” Chia told Seatrade Asia Week. The remote system works by offering real-time flow rate of the fuel to be measured using mass flow meters.

He added that the remote device will allow operators to save the trouble of having to keep sending personnel onto the vessel as the fuel monitoring process can be done onshore.

Operators of commercial vessels or bunker tankers need not purchase the remote device if they prefer not to incur capital cost, though operating cost cannot be avoided. The Singapore homegrown firm is prepared to provide turnkey services for the operators to include the cost of installation and trials before the system is equipped onboard the ships.

“There is no upfront cost of installing the system and operators only need to pay a monthly fee,” Chia said.

Ascenz’s innovative Remote Fuel Monitoring system captures data on fuel consumption, combined with information such as the engine RPM and the results can be accessed via internet. The system also boasts other features such as weather routing, anemometer, fire alarm data, and vessel location.