ZeroNorth Makes Consequential US Acquisition of Marine Fuel Optimization Platform ClearLynx
Technology company ZeroNorth, founded to accelerate the green transition of global trade, has 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.
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Meyer continued: “The maritime industry needs to a****** 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.”
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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.
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