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SIBCON 2022 Interview: Co-Convenors offer insights into Singapore’s upcoming Digital Bunker Document Standard

Eventual adoption of Digital Bunker Document Standard speeds up interoperability between stakeholders from both public and private sectors, learns Singapore bunkering publication Manifold Times.

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AARON Digital Bunker Document Standard

The following interview with Dennis Ho and Tan Sian Lip, both Co-Convenors for the Working Group on Electronic Documentation for Bunkering, is part of coverage for the upcoming Singapore International Bunkering Conference and Exhibition (SIBCON) 2022, where Manifold Times is an official media partner. 

Mr Ho, the Managing Director of ElbOil Singapore, and Mr Tan, the Founder & CEO of Halialabs, provide the bunkering publication with an update on the development of Singapore’s Digital Bunkering Document Standard standardisation.

MT: What is the new Digital Bunker Document Standard effort and how is it different from previous attempts? What is the status of this work?

The Digital Bunkering Document Standard standardisation project, an effort which started in October 2021, is a pro-competition and market-friendly initiative that specifies the characteristics of digital documents to be exchanged by participants within the bunkering ecosystem.  

This initiative aims to achieve several key outcomes:

  • The first is that the bunkering community will be able to create digital plug & play documents, usable by any IT solution or platform across the ecosystem without intermediaries.
  • The second is that structured data should flow together with these documents.  
  • The third is for the bunkering community’s graceful evolution wherein early adopters are not held back by slower ones and the slower ones are not forced to move in lock-step with their faster counterparts.

It is important to note the standardisation does not involve specifying or building IT systems. Market participants will, however, be encouraged to do so on their own as they adopt this new standard.

The standard working group is currently in the stage of validating working drafts of specifications to assess their fit towards specific business needs within the bunkering ecosystem.  

MT: What benefits does electronic documentation offer for the local bunkering sector? 

The advent of computers and digital communications have resulted in time spent waiting for couriers disappearing into history. However, friction points between the internal e-documentation systems of different stakeholders still exist.

Standardised e-documents seek to eliminate delays and errors from manual data-entry and the time and expense of adjusting one’s IT systems to accommodate counterparties’ different data-definitions.

Unlike physical documents, e-documents are less vulnerable to tampering as anyone who receives a copy will be able to independently verify their integrity.  

E-documentation also offers flexibility in business process design as any copy stored anywhere will be as (verifiably) reliable as an original copy. Knowing whether a document back-up is dependable will, consequently, also become simpler as there is no need to depend on the security of a document’s chain-of-custody.

Businesses’ ability to change IT service providers and business partners will increase because standardised e-documents will allow businesses to process documents and data coming from any organisation and system.

MT: Who are the parties driving the development of the Digital Bunker Document Standard?

This initiative is a national standard development effort under the Singapore Standards Council. The Technical Committee for Bunkering (Liquid Ambient Fuels) undertook the task of coming up with a standard specification for digitalisation in the bunker industry in 2021 and a working group (WG) was subsequently set up in 2021 with individuals drawn the bunkering industry.

The WG includes players from the various sectors: Bunker Suppliers, Traders, Oil Terminals, Vessel Owners/Operators, Surveyors, Laboratories, Business Associations (SCIC, SSA), meter vendors, government bodies (MPA, NMC, , IMDA) and relevant standards partners (Singapore Standards Council and IT Standards Committee); other allied supply-chain partner-groups included in this effort are, IT vendors, banks, and legal firms.  

MPA is actively encouraging key members of Singapore’s maritime community, especially those that have participated in Smart Nation initiatives, to participate in the standards setting process. This paves the way for the eventual adoption of this standard and speeds up the achievement of interoperability among bunkering participants from both the public and private sectors. 

MT: Bunkering seems to have remained mired in paper; what are the digitalisation challenges for this sector?

Previous digitalisation attempts have focused on interposing shared IT platforms between transacting parties. These initiatives also try to set standards (implicitly) by creating shared IT platforms. (i.e. because users of these platforms have to comply with their data/document standards.)

However, these platforms typically require transacting (pairs of) parties to be committed on the same platform – a form of consensus that is difficult to achieve. 

This is because the bunkering and shipping sectors operate in a decentralised dynamic and decentralised market that crosses multiple established business-industrial sectors, each with their own business traditions and processes, types of IT systems, and regulations. 

Add on the fact that a lot of bunkering is being carried out successfully without digital documents; this makes the power of status quo very difficult to overcome. Just how much more business is there to be gained through further digitalisation? Efficiency and risk arguments, while valid, tend to be much less compelling to businesses than those for revenue enhancement.

MT: Which parties are able to access electronic documentation after a bunkering operation? How is access decided and what is the purpose of each party having access to the data?

IT platforms that store documents (even momentarily) on behalf of multiple parties must implement data-access policies to maintain business confidentiality.

This standard, however, being a document-specification effort, does not envision, nor does it require, shared storage.  As such the issue of data-access policies does not arise as documents can be sent directly between businesses using a platform or simpler methods, e.g. email or whatsapp, or API calls.

Members of the Digital Bunkering Document Standard standardisation projectWG on Electronic doc process for bunkering 26 Oct 2021 1

WG on Electronic doc process for bunkering 26 Oct 2021 2

Other interviews conducted by Manifold Times for coverage of SIBCON 2022 are as follows:

Related: SIBCON 2022 Interview: MFMs relevant for custody transfer of future liquid-based marine fuels, confirms Endress+Hauser
RelatedSIBCON 2022 Interview: Singapore Bunkering TC Chairman shares republic’s direction on future marine fuels
RelatedSIBCON 2022 Interview: Clyde & Co discusses handling of bunker fuel quality disputes, alt fuels contracts

 

Photo credit: Singapore Technical Committee for Bunkering
Published: 3 October, 2022

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Legal

Singapore withdraws remaining 127 charges against Hin Leong founder OK Lim

Lim Oon Kuin, also known as OK Lim, was issued a stern warning and a district court granted him a discharge amounting to an acquittal for these charges on 17 July.

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RESIZED Sora Shimazaki on Pexels

Founder of collapsed oil trader Hin Leong Trading, Lim Oon Kuin, also known as OK Lim, has had the remaining 127 charges against him withdrawn, according to The Straits Times on Monday (20 July). 

OK Lim was issued a stern warning and a district court granted him a discharge amounting to an acquittal for these charges, including those for cheating, on 17 July. The discharge means Lim cannot be prosecuted again for the same offences.

Lim, 84, is currently serving a 13½-year prison sentence after the High Court reduced his original 17½-year jail term in March 2026. He was convicted in 2024 on two cheating charges and one count of abetting forgery in a case prosecutors described as one of Singapore’s most serious trade finance frauds.

Lim was convicted in May 2024 of two charges of cheating the Hongkong and Shanghai Banking Corporation (HSBC) and one count of abetting forgery that proceeded to trial out of a total of 130 criminal charges.

He was first charged in court on 14 August 2020, and was subsequently handed further charges in court on 25 September 2020, 30 April 2021 and 24 June 2021 for his role in perpetuating fraud on various financial institutions. 

A total of 130 charges were eventually brought against him for cheating and forgery-related offences.

Related: Singapore: Hin Leong Founder OK Lim gets jail term slashed to 13.5 years

 

Photo credit: Sora Shimazaki
Published: 21 July, 2026

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Winding up

Singapore: Coastal Logistics Pte Ltd to be wound up voluntarily

Coastal Logistics was reportedly affiliated with troubled Singapore bunker player Coastal Oil (Singapore) Pte Ltd.

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RESIZED Drew Beamer

Several resolutions for Coastal Logistics Pte Ltd were made during an extraordinary general meeting held on 14 July, according to a notice in the Government Gazette on Friday (4 July).

The following resolutions were duly passed during the meeting:

As Special Resolution

  • That it has been proved to the satisfaction of the meeting that the Company cannot by reason of its liabilities continue its business and accordingly the Company be wound up voluntarily pursuant to Section 160(1)(b) of the Insolvency, Restructuring and Dissolution Act 2018 (No. 40 of 2018);

As Ordinary Resolutions

  • that Mr. Wong Pheng Cheong Martin and Ms. Koay May Yee, both care of FTI Consulting (Singapore) Pte Ltd, One Raffles Quay, #27-10 South Tower, Singapore 048583 be appointed as the joint and several Liquidators of the Company for the purpose of such winding up; and
  • that the Liquidators be at liberty to open, maintain and operate any bank account(s) or account(s) for monies received by them as Liquidators with such bank(s) as they deem fit; and
  • that a Committee of Inspection will not be formed.

Manifold Times previously reported Nicholas James Gronow, director of Heng Tong Fuels & Shipping and Coastal Logistics, filed statutory declarations for both companies stating the firms cannot continue their businesses due to liabilities.

Both companies were reportedly affiliated with troubled Singapore bunker player Coastal Oil (Singapore) Pte Ltd. 

In 2019, several vessels owned by both firms entered the sale & purchase (S&P) market in Singapore.

Related: Singapore: Director declares Heng Tong Fuels & Shipping’s inability to continue business
Related: Heng Tong Fuels & Shipping in court over DBS Bank bunker tanker loan
Related: Singapore: Bunker tanker “Coastal Neptune” arrested
Related: Heng Tong Fuels & Shipping, Coastal Logistics tankers enter S&P market

 

Photo credit: Drew Beamer
Published: 21 July, 2026

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LNG Bunkering

PIL’s LNG dual-fuel boxship “Kota Elok” arrives in Singapore on maiden call

As the first of 13 new 13,000 TEU vessels joining its fleet, Kota Elok is equipped to operate on LNG and low-sulphur fuel oil that helps reduce our greenhouse gas emissions.

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PIL's LNG dual-fuel boxship “Kota Elok” arrives in Singapore on maiden call

Singapore-based Pacific International Lines Pte Ltd on Monday (20 July) said its first 13,000 TEU LNG dual-fuel container vessel, Kota Elok, recently made her maiden call to Singapore on 15 July.

As the first of 13 new 13,000 TEU vessels joining its fleet, Kota Elok is equipped to operate on liquefied natural gas (LNG) and low-sulphur fuel oil that helps reduce our greenhouse gas emissions. 

The vessel also incorporated energy-saving features and digital technologies to reduce fuel consumption and enhance operational performance, as well as a bow windshield to improve aerodynamics, contributing to improved fuel efficiency and lower emissions over the course of long-haul voyages.

“Following Singapore, Kota Elok will continue her voyage on our East Coast Service 1 (ES1) route to South America, calling at ports in Brazil, Uruguay, and Argentina before returning to Asia,” the company said in a social media post. 

Kota Elok also became PIL’s first vessel to receive Lloyd’s Register certification for compliance with the IACS UR E26 and UR E27 cyber security requirements.

Developed by the International Association of Classification Societies (IACS), UR E26 and UR E27 are mandatory cyber resilience requirements for newbuild vessels contracted from 1 July 2024. 

 

Photo credit: Pacific International Lines
Published: 21 July, 2026

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