OPTICS

Are you buying fuel
or trading fuel?

Book a 20-minute walkthrough;

OPTICS Chartering

Carries a live fuel price into every fixture, so the TCE you agree reflects what the voyage will really buy and burn.

OPTICS Operations

Prices every load and discharge option against the market and recommends where, when and how much to stem. It re-plans on its own as itineraries change.

OPTICS Procurement

Finalise a decision and OPTICS raises the purchase order, updates the voyage TCE and lines up the next stem. What took hours now takes under a minute.

OPTICS Risk

Shows fleet fuel and carbon exposure as vessels are fixed and stems are bought, so you can manage the exposure that decides how much alpha reaches the P&L.

OPTICS Trade Signals

Morning and afternoon signals rank hedging instruments by relative value across grades, locations and time.

Industry Experts Trust AlphaOcean

Hear from them in their own words:

AlphaOcean has changed the way we think about fuel decisions. It goes well beyond traditional optimisation. The platform reflects how decisions actually get made commercially.
It’s easy to use, quick to implement, and the value was clear almost immediately. We’ve seen consistent savings in both cost and time across the business.

George Saroglou, President, Tsakos Energy Navigation

OPTICS technology is so far ahead of the competition that it has to be evaluated by anyone who is seriously interested in generating superior fleet returns

Denis Petropoulos, Former Chairman of Baltic Exchange & Former Director of Braemar Tankers PLC

OPTICS brings a Formula One level of speed and precision to bunker planning and optimization

COO, Tanker Client, Currently on Trial

The team behind OPTICS

Trading desk expertise and quantitative research in one system

Martin Ireland

Founder & CEO

Two industry firsts at Shell. OPTICS is the third.
Shell Trading: Head of East of Suez; Head of Global Products Freight Trading; Head of Global Price Risk Management; Director, Derivatives Trading Atlantic
Project Silver: 50 MR product tankers in one deal, an options portfolio for the oil trading business. The first of its kind, and the blueprint for many others since.
The first ever oil derivative on a blockchain, traded on a real-time pricing and execution platform he seeded. Now an enterprise pricing and risk management service across Shell's global portfolio, handling over 8,000,000 bbls per day.
OPTICS: the first nerve in the central nervous system of a freight deal. It continually makes fuel decisions as prices, voyage optionality and voyage parameters change.
He founded AlphaOcean to measure what every desk he ran could not: the time it takes to make a decision, multiplied by the move in price over that time, the missing alpha in every P&L.

Dr Michael Coulon

Founder & Head of Research

Decoding the maths behind the markets. OPTICS is built on it.
15+ years of research at the Universities of Oxford, Princeton and Sussex
Energy price models: highly cited papers developing novel stochastic price models and derivative pricing techniques for electricity, natural gas and carbon markets.
Risk and valuation in practice: frequent collaborator with energy companies on practical risk management and asset valuation problems, as well as spells at JPMorgan and Goldman Sachs.
OPTICS: built the models inside OPTICS, combining optimisation, scenario analysis and price modelling into a fully automated dynamic bunker planning engine.
Michael co-founded AlphaOcean to bring his modelling expertise from power, gas and carbon markets to the biggest cost in every voyage, the fuel decision.