Ascenz secures a first contract in Mexico for its Electronic Fuel Monitoring System solution


Paris – January 16th, 2023. Ascenz, a GTT Digital company, has been selected by a major Mexican ship-owner to equip a tanker with its Electronic Fuel Monitoring System (EFMS).

EFMS combines state-of-the-art digital technologies (mass flow meters, tank gauging sensors, on-board software, communication devices and cloud computing) in one single solution to provide seamless monitoring and optimization of fuel consumption, emissions, bunkering and vessel activities, in addition to reporting automation.

This digital solution will enable the ship-owner and the charterer to monitor and optimize the vessel’s economic and environmental performance.

The implementation of this EFMS on the tanker is part of the requirements imposed by the oil major who charters the vessel, in order to attain a higher level of transparency in fuel consumption measurement, and achieve tangible energy and cost savings.

Julien Glory, CEO of Ascenz, declared: “This contract is an important first step in the development of Ascenz in the Americas. As the cost of energy keeps increasing and environmental regulations become more demanding, we are convinced that our technology will be increasingly adopted by ship-owners and charterers all over the world.”

Media contact: / +33 (0)1 30 23 48 45

Investor Relations contact: / + 33 (0)1 30 23 20 87

Download in .pdf