ZeroNorth Makes Consequential US Acquisition of Marine Fuel Optimization Platform ClearLynx

NEW YORK, Jan. 11, 2022 /PRNewswire-PRWeb/ -- Technology company ZeroNorth, founded to accelerate the green transition of global trade, has today announced its acquisition of ClearLynx, the industry's leading online platform for the global marine bunker fuel market. Adding ClearLynx to the ZeroNorth platform will provide ship owners and operators with an integrated end-to-end solution for commercial and environmentally efficient optimization of marine fuel, voyages, and vessels.

This consequential acquisition expands ZeroNorth's data and product range and will allow users to take advantage of ClearLynx's best-in-class procurement, pricing and analytics, business intelligence, optimization and planning, Sulphur Cap compliance, and data feed products.

"Today's announcement is another big step forward in ZeroNorth's mission to support and enable decarbonization in the maritime value chain," said Søren Meyer, CEO, ZeroNorth. "Adding ClearLynx and their considerable expertise to our offering means that our customers will be able to make the most of a powerful trio of voyage, vessel, and marine fuel market optimizations that are linked and working in tandem.

Meyer continued: "The maritime industry needs to act now on its environmental impact, and we think this announcement provides players across the sector with an effective and accessible way to take immediate action. Optimizing voyages, vessels, and marine fuel will not only be important to cut emissions and improve revenue today but will also enable us to navigate the significant, imminent, and urgent complexity of the coming decade."

The acquisition also means that the maritime sector now has a single destination for voyage, vessel, and marine fuel optimization – the ZeroNorth platform - directly supporting and enabling the decarbonization transition within the value chain.

"We are delighted to be joining ZeroNorth and contributing to making global trade green at such a pivotal time for the shipping industry," said Gerry Van Geyzel, CEO, ClearLynx. "In the years since ClearLynx was founded, we have seen a rapid transformation in the marine fuel market driven by regulatory change and the demands for increased sustainability. We are proud to have been acquired by a company that is so dedicated and passionate in driving tangible and meaningful change to meet the decarbonization challenge for the betterment of operators, the industry, and the planet."

Once ClearLynx is integrated into the ZeroNorth platform, users will be able to make informed decisions through connected voyage, vessel, and bunker optimization recommendations. This comprehensive overview will directly support the industry's decarbonization pathway, providing players across the sector with an immediate and impactful means of reducing their environmental impact on the planet whilst improving their revenue.

The increased revenue generated by connected voyage, vessel, and bunker optimization recommendations can be injected back into the industry's decarbonization efforts, supporting the development of the future fuels and clean technologies that the industry needs to meet carbon targets.

ClearLynx will continue to offer its current bunker services via its platform and will also over time be integrated within the ZeroNorth platform bolstering optimization benefit to customers of both platforms, the industry, and the planet. The ClearLynx team will give ZeroNorth a physical presence in the US and create a foundation for continued growth and sales within the region.

ClearLynx will forge ahead and execute its product enhancement roadmap over the coming months with further features and developments for its customers to take advantage of. The company also plans to scale leveraging ZeroNorth's experience. Javier Sierra, ZeroNorth's current Head of Partnerships, will take on the role of General Manager of ClearLynx.

About ZeroNorth
Recognizing the challenges posed by climate change, technology company ZeroNorth was founded to accelerate the transition to greener global trade. By blending cutting-edge data-driven technology with human expertise, the ZeroNorth platform provides a range of software solutions that are helping the global shipping industry cut emissions and reduce its impact on the climate, whilst maintaining commercial performance.

ZeroNorth's platform and its Optimise software turn data into insights and actions, optimizing global trade for cargo owners, vessel owners, commercial operators, and bunker suppliers. The company's software improves vessel performance, lowers fuel consumption, and cuts the cost of compliance while increasing earnings and delivering emissions reductions.

For more information, please visit https://zeronorth.com.

About ClearLynx
Founded in 2014, ClearLynx has consistently pioneered software for the bunker industry. The company's current suite of products spans bunker procurement, pricing and analytics, business intelligence, optimization, planning, 2020 compliance, and data feeds. As an independent neutral transactional platform, ClearLynx is charting a new course in fuel management systems, bringing efficiencies to improved operational processes, enhanced visibility to support real-time business-critical decision making, and cost reductions through increased productivity.

For more information, please visit http://www.clearlynx.com.

For media requests, please contact:
Rhys Thomas
Senior Consultant
BLUE Communications
rhys.thomas@blue-comms.com
44 (0) 7934 297 547

Teena Touch
PR Consultant for ZeroNorth
teenatouch@gmail.com
415-310-3125
"Optimizing voyages, vessels, and marine fuel will not only be important to cut emissions and improve revenue today but will also enable us to navigate the significant, imminent, and urgent complexity of the coming decade."

Media Contact

Teena Touch, Teena Touch, 1 4153103125, teenatouch@gmail.com

SOURCE ZeroNorth