Trefoil Mandates Inatech to Handle Dutch ‘Double Whammy’ of Risks with IMO 2020

Rotterdam, 13 February 2020 – Leading Rotterdam, Antwerp and Hamburg bunker supplier Trefoil has mandated Inatech to overhaul its management systems in the face of new Customs rules that further complicate the region’s bunker business after IMO 2020. In the post IMO 2020 environment the speed of business and the scale of risk has gone up. This requires quicker decision making on market risk management and better operational planning to cope with changing demand. To add to this potent mix, new customs regulations in the Amsterdam, Rotterdam and Hamburg region require a more robust audit trail of product movement. “This double whammy of market risk and regulatory risk has prompted Trefoil to rethink our entire operating system and to invest in maximizing our efficiency in dealing with these challenges,” said Max Braams, Strategic Project Manager at Trefoil in Rotterdam. “This also allowed us to consolidate all of our IT systems onto one platform as Inatech is not only supporting a CTRM but a fully integrated solution from front to back office including ERP and accounting. We are looking forward to a new era that will reduce our manual work and error-proneness significantly.” Trefoil assigned Inatech to deploy its end-to-end bunker… continue reading

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Source: CTRM Center

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