Automating marine lubricants demand prediction

Closelink GmbH and Fraunhofer-Center for Maritime Logistics and Services CML agree on a common project to automate demand prediction for marine lubricants.

„Ship managers collect sufficient and continuous data onboard their vessels today to automatically determine future luboil demand, in particular for main and auxiliary engines”, says Philippe Lavarde, managing director from Closelink GmbH.

Once a future demand is predicted, it is possible to match the delivery window with the vessel’s schedule. By qualifying different ports of call based on product availability and pricing, suitable supply options can be determined automatically and presented to the purchasing manager as a decision support.

Even today it still occurs that lubricants, one of the main cost drivers in technical ship management, are purchased at high costs or ordered at short-term despite a purchasing software in place.

Data- and algorithm-based solutions, which make use of machine learning methods to allow continuous improvement, can help to simplify processes, reduce extra work and avoid unnecessary costs.

Closelink receives InnoRampUp sponsorship from IFB Hamburg

The Investment- and Development Bank Hamburg (Investitions- und Förderbank / IFB) supports young entrepreneurs with financial means and a broad network through its InnoRampUp program (https://innovationsstarter.com/home/innorampup/). The program is supported by the European Fund for Regional Development and aims at helping highly innovative start-ups from Hamburg to gain ground at an early stage of their venture.

In June, Closelink has been invited to present its business idea to an expert commission consisting of representatives from Hamburg's economy, administration and science. Good news followed: Closelink has been accepted to the InnoRampUp program and receives, among other things, financial support to successfully launch its platform approach within the maritime industry. An industry that plays a major role for Hamburg with its leading port and its globally connected shipping and logistics network.

We are proud and very thankful for this great recognition.

Great success at PitchBlue in Hamburg

A few weeks ago the Association of German Shipowners (Verein Deutscher Reeder), supported by the Maritime Cluster (Maritimes Cluster Norddeutschland), invited maritime start-ups from all around the globe to apply for the PitchBlue event in Hamburg (www.pitchblue.hamburg). The idea behind PitchBlue is to offer a platform for start-ups to present their solution to challenges for the maritime industry with a focus on ship owners and ship managers.

We were thrilled to have been selected by the expert jury - consisting of six managing directors from the industry - as one of 10 finalists that were given the chance to present their idea in front of a professional audience.

The event took place last Thursday. Each start-up had a three minutes pitch followed by a five minutes Q&A session. We had to go first. Given that three minutes is not much time to hold a long speech, we concentrated our pitch on the key benefits that Closelink as online platform provides to its customers: centralized information, cost transparency and process automation.

It seemed that our message has been well received. We are more than happy to announce that we have been rewarded with both the audience and the jury price! What an overwhelming night!

A big thank you to the event organizers, other participants and all spectators!

Bei Closelink läuft es wie geschmiert

Die Schifffahrt ist eine altehrwürdige Branche mit langer Tradition, gerade in einer so bedeutenden Hafenstadt wie Hamburg. Bei aller glorreichen Vergangenheit besteht aber die Gefahr, den Anschluss an die Zukunft verpassen. Junge Unternehmen wie Closelink helfen dabei, den Weg in die dringend notwendige Digitalisierung zu meistern. Dafür konnte das Startup kürzlich Investoren gewinnen.