GCC Bunkers selects ION Commodities’ Aspect CTRM solution

Houston-based marine fuel supplier chooses ION Aspect CTRM software to support its bunker fuel business Houston, 22 October 2020 — ION, the largest global provider of trading, analytics, and risk management solutions for commodities and treasury management, today announced GCC Bunkers selected the ION Aspect CTRM solution to manage its complex physical oil and fuel business. Aspect, the leading multi-tenant SaaS CTRM solution, was selected for its extensive capabilities in the bunker fuels market, its quick implementation period, and its ability to adapt to changing international marine fuel regulations. GCC Bunkers is a supplier of marine fuel focused on supplying low-sulphur fuel oil as a solution to the international IMO 2020 and ISO 8217 regulations and ECA marine fuel compliance requirements. GCC Bunkers also supplies all other standard specification marine fuels and distillates to ship owners and operators calling on the Houston and Galveston ports, including Texas International Terminals. GCC Bunkers previously relied on a legacy platform but needed a robust, easy-to-deploy solution to manage its increasingly complex operations, and the necessary unit conversions for various individual contracts with international customers. “GCC Bunkers is on the forefront of responding to changing international regulations impacting ship owners and operators. We needed a fully… continue reading

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Source: CTRM Center

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