Malaysian offshore services company Vestera and Fueltrax have formed a strategic partnership to provide a leasing solution for advanced fuel monitoring systems designed for offshore vessels.
This innovative offering allows vessel owners to install new technology without incurring high capital expenditure (Capex). Vestera’s and Fueltrax’s partnership aims to enhance operational efficiency and fuel management for offshore vessel operators, providing real-time data and analytics to optimise fuel usage and reduce costs.
Capt Ahmad Imran, MD Vestera said: “We are excited to partner with Fueltrax to deliver a solution that not only improves operational efficiency but also supports the industry’s transition toward smarter, more sustainable practices.”
Faiz Azani, Operations Director (Southeast Asia) , Fueltrax added: “By offering a leasing model, we eliminate the barriers of high upfront costs, enabling more vessel owners to benefit from our cutting-edge fuel monitoring technology.”
Image: MoU signing, from left – Capt Khalid Bin Mohamad, Vestera; Capt Ahmad Imran Bin Mohd Azmi, Vestera; Puan Rashidah Alias, Petronas; Faiz Azani,Fueltrax; Hakim Amir Bokori, Fueltrax (source: Vestera)