BunkerEx Limited

BunkerEx Limited operates in the maritime sector, providing essential data insights for marine fuel pricing across global ports. The company streamlines fuel procurement processes for maritime operators and enhances decision-making capabilities through its innovative data solutions. BunkerEx Limited, founded in 2017 and headquartered in London, UK, focuses on maritime data insights, specifically marine fuel pricing. The company raised GBP 400,000 in Seed funding on April 26, 2017, from investors including Funding London and Seedcamp, valuing it at GBP 2.

11 million post-money. Information about the founder is not available. BunkerEx specializes in maritime data insights, focusing on reliable, near real-time information about marine fuel prices across over 500 ports worldwide. Their core offerings include an API solution and an intuitive dashboard that facilitate data-driven decision-making for maritime operators and fuel procurement professionals.

The API integrates seamlessly into existing systems, providing clients with tailored insights and continuously updated pricing data for various fuel types, including MGO, VLSFO, and HSFO. The dashboard enables users to access actionable insights with advanced charting and customization options to meet specific operational needs. BunkerEx serves diverse clients, including shipowners, fuel suppliers, and procurement platforms, targeting markets in Europe, Asia, and North America. BunkerEx generates revenue through subscription models and partnerships, delivering its maritime data solutions to a B2B clientele.

Clients typically engage by subscribing to the API or dashboard services, which provide access to accurate fuel pricing and market dynamics. The transaction structure generally involves monthly or annual subscription fees, allowing clients to utilize the platform's features without integration hurdles. BunkerEx’s flagship services include real-time pricing information and comprehensive data insights, which are integral to clients in the bunkering and maritime industries, enhancing operational efficiencies and mitigating risks associated with fuel price fluctuations. BunkerEx plans to utilize the GBP 400,000 raised in Seed funding to further develop their API and dashboard services, enhancing data offerings.

They are targeting expansion into new geographic markets, particularly in Asia and North America, by the end of 2023. The recent funding will support the design and launch of upcoming features that cater to the evolving needs of maritime operators.