We help shippers optimize ocean freight spend by cutting marine fuel costs. The unlocked savings potential can reach 25-30% when compared to the traditional shipper BAF.
We track each shipment. Our solution provides for transparency and reduces marine fuel costs.
Fuel costs account for up to 30% of the shipper's annual ocean freight bill. Managing this cost component properly results in significant savings. In the ever-changing regulatory environment, fuel prices continue to be extremely volatile. This creates fundamental risks for the shipper supply chain. Ecumene enables shipper's to manage these risks in a transparent and fact-based manner.
Traditional BAF mechanisms result in a high level of distortion. Vital parts of fuel costs calculation such as vessel fuel consumption, relevant fuel grades, vessel routes, fuel prices are entirely ignored in a typical BAF.
Ecumene built the indsutry’s first per shipment, per voyage CO2 emissions calculation tool.
We track each shipment. Our algorithm accounts for every aspect that affects the ultimate carbon footprint of an individual container.
In the ever-changing regulatory environment, shippers will soon be liable for their emissions. Companies should only pay for what they emit. Without an effective mechanism, carriers tend to pass through costs in a non-transparent manner, which leads to unnecessary costs for the shipper.
Ecumene is an active participant of regulatory discussions with
the relevant authorities in the EU and beyond. We firmly believe
that at the heart of any supply chain is the Benecificial Cargo
Owner. Thereofore, shippers’ perspective is essentail in creating
emissions reduction policies in maritime sector.
To advance this vision, we formed a partnership with the European Shippers Council (ESC). As part of this joint work, we participate in various disucssion formats, one of them being the European Maritime Emissions Report (EMTER).