ZeroNorth
- Category
- Voyage Optimization
Technology Score
91
Methodology MTI v1.0 · as of 30 September 2026
Scaled optimization/operations platform; keep current-serviced and cumulative vessel metrics distinct.
Momentum
86 / 100
Separate from Technology Score
Evidence Confidence
90 / 100
19 approved evidence records
What it does
Maritime intelligence and operations platform spanning voyage and vessel optimization, bunker procurement, emissions/compliance and increasingly agentic AI workflows.
ZeroNorth has expanded beyond voyage optimization into a broader maritime operating and decision-support stack. Its scale, strategic shipping relationships and bunker-software acquisitions support a strong platform position; the next test is whether Propel converts early-access partnerships into sustained production use.
Watch itemPropel production adoption and expansion beyond early access.
Key metrics
Dated snapshots. Historical values are retained, never overwritten.
Key Metric
230+ customers (Feb 2025)
Key Metric
6,000 vessels serviced current
Key Metric
ARR just under $40M (FY2024)
Co2 Saved Reported
5.2M+ t
Metric tonnes CO2 saved since 2022 (company-reported outcome, not independently verified) · as of 2026-09
Customers
~200
Customers relying on the platform · as of 2026-09
Vessels Used Cumulative
13,400+
Vessels that have used the platform since 2020 (cumulative, not current active) · as of 2026-09
Data Points Processed
1.3T
Data points processed (cumulative) · as of 2026-09
Acquisitions Completed
6
Acquisitions completed since founding in 2020 · as of 2026-09
Employees
550
Employees · as of 2026-01
Vessels Serviced Current
6,000
Vessels currently serviced (distinct from cumulative vessels used) · as of 2026-01
Customers
230+
Customers served at Feb 2025 financing announcement · as of 2025-02
Arr
just under $40M
Annual recurring revenue, FY2024 (USD) · as of FY2024 (reported 2025-02)
Products & capabilities
iBMSProduct
Bunker-supplier software suite.
Propelproduct
ZeroNorth BunkerProduct family
Consolidated brand formed Nov 2023.
Customers, deployments & partners
Partnership, pilot, trial and deployment are distinct states and are never merged. Deployment scope comes from the cited evidence.
production
Named Propel early-access launch partner; commercial scope not established
Named Propel early-access launch partner; commercial scope not established
Rollout across 350+ controlled vessels announced
Ownership & investors
Investors
Acquisitions made
Funding rounds
Each round is dated and sourced. Totals are never summed from unverified figures.
Competitors
Company timeline
Product launch · 4 August 2026
ZeroNorth launches Propel with named early-access partners
Funding · February 2025
Debt facility · $20M
Other · November 2023
ZeroNorth consolidates ClearLynx, Prosmar Bunkering and BTS under ZeroNorth Bunker
Ownership · February 2023
Acquisition of BTS Pte Ltd
Ownership · November 2022
Acquisition of Prosmar Bunkering
Funding · June 2022
Series B · >$50M
Ownership · 11 January 2022
Acquisition of ClearLynx
Other · Date not recorded
ZeroNorth reports first year of operating profit (2025)
Evidence & sources
Every material claim above traces back to one of these records.
January 2026 leadership announcement said ZeroNorth serviced 6,000 vessels, employed 550 people and had six offices.
Trafigura announced rollout across 350+ controlled vessels and an equity stake in ZeroNorth.
Series B exceeded $50M in June 2022 with PSG Equity plus A.P. Moller Holding and Cargill.
Source: ZeroNorth — Equity funding
CIBC Innovation Banking provided a $20M debt facility in February 2025 to support M&A.
Source: ZeroNorth — Financial scale
2024 ARR was just under $40M; first positive EBITDA month was December 2024; platform served 230+ customers at the Feb 2025 financing announcement.
Source: ZeroNorth — Financial scale
In November 2023 ZeroNorth consolidated ClearLynx, Prosmar Bunkering and BTS under ZeroNorth Bunker.
ZeroNorth acquired BTS Pte Ltd. in February 2023, including the iBMS bunker-supplier software suite.
Source: ZeroNorth — Acquisition
ZeroNorth acquired Prosmar Bunkering in November 2022; Prosmar Risk and Price Matrix were excluded from the transaction.
Source: ZeroNorth — Acquisition
ZeroNorth acquired ClearLynx in January 2022, adding bunker procurement, pricing, analytics and planning.
Source: ZeroNorth — Acquisition
Propel, an agentic AI partner for maritime operations, was introduced August 4, 2026.
Source: ZeroNorth — Product Event
ZeroNorth says it has completed six acquisitions since founding in 2020.
Source: ZeroNorth — Scale
ZeroNorth says it achieved its first year with operating profit in 2025.
Source: ZeroNorth — Scale
Company reports 5.2M+ metric tonnes of CO2 saved since 2022.
Source: ZeroNorth — Scale
13,400+ vessels have used the platform since 2020; around 200 customers rely on it; 1.3T data points processed.
Source: ZeroNorth — Scale
Cargill states all its time-chartered voyages used ZeroNorth technology in 2025.
Source: Cargill — Cargill states all its time-chartered voyages used ZeroNorth technology in 2025.
Cargill announced investment in ZeroNorth and commitment of its operated fleet to Optimise.
Source: Cargill — Cargill announced investment in ZeroNorth and commitment of its operated fleet t
ZeroNorth launched Propel, an agentic AI product for maritime operations.
Source: ZeroNorth — ZeroNorth launched Propel, an agentic AI product for maritime operations.
Cargill, Ultrabulk and CMB.TECH were named as Propel launch partners under early access.
Source: ZeroNorth — ZeroNorth launched Propel, an agentic AI product for maritime operations.
All time-chartered voyages used ZeroNorth technology in 2025
Source record pending attachment.
Last verified: not recorded · Profile state: Public / Advanced