What is Xact
Bunkering is the supplying of fuel for use by ships, and includes the shipboard logistics of loading fuel and distributing it amongst available bunker tanks.
Bunkering involves multiple stakeholders - The vessel-in-charge, Bunkering Vendor, Surveyor, Fuel Analysis Labs, Mediators and Insurance companies.
The procedure in most places is totally manual, requiring each party to maintain its own set of data. This requires extensive monitoring and ratification by all parties.