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ZeroNorth acquires Singapore’s bunker supplier software provider BTS

Deal will see ZeroNorth acquire BTS’s iBMS to help increase efficiency and profitability of bunker fuel suppliers, traders and brokers by digitalising their business ops.
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Technology company ZeroNorth on Tuesday (21 February) announced that it has acquired BTS PTE Ltd., a software platform for marine fuel suppliers, headquartered in Singapore. 

The deal will see ZeroNorth acquire BTS’s flagship suite of services – iBMS (Intelligent Bunker Management System) – which is software specially tailored for the marine fuel supply chain. iBMS helps to increase the efficiency and profitability of marine fuel suppliers, traders and brokers by digitalising their business processes through eliminating unproductive tasks, automating work processes, greater sharing of information and enhancing decision making.

iBMS was one of the first projects supported by the Maritime and Port Authority of Singapore (MPA) under the Maritime Innovation and Technology Fund (MINT) in the early 2000s. BTS is also the leading company within an industry consortium of seven organisations that has been tasked with developing mobile applications for bunkering documentation and workflows, as awarded by the MPA’s digital bunkering Call for Proposals in January 2022.

ZeroNorth will build a fully cloud-based iBMS solution, which will improve the overall offering to current and future clients. The service will eventually be incorporated into ZeroNorth’s unified platform for optimisations across maritime operations. The ZeroNorth platform functions as a collaboration point, where a seamless flow of data breaks down existing silos between stakeholders, and enables total visibility and alignment around shared goals. 

BTS brings more than 15 years of market expertise and marine fuel trading and supply processes to ZeroNorth, as well as a well-established presence in Singapore, the largest global marine bunkering hub. The ambition is to also expand these improved marine fuel services for suppliers to other global ports. 

The acquisition supports ZeroNorth’s growth strategy and focus specifically within the marine fuel industry and follows the acquisition of Prosmar Bunkering just 3 months ago. ZeroNorth is dedicated to accelerating the digitalisation and decarbonisation of the marine fuel industry by providing more accurate fuel prices and contextual insights that enable more sustainable strategies for bunker procurement, storage, blending and selling.  

Kenneth Juhls, Managing Director of ZeroNorth Bunker, said: “The marine fuel industry is taking centre stage in shipping’s green transition. With the increasing pressure to digitalise and optimise your marine fuel supply chain, and the influx of alternative fuel options becoming available, equipping our customers with the ability to make better decisions in regards to procuring, storing and selling fuel is becoming a key priority for ZeroNorth. 

“By acquiring BTS, we are taking the next step towards delivering an end-to-end marine fuel service that aligns all stakeholders across the same data through the ZeroNorth platform. Moreover, by building a bridge between stakeholders, we are increasing collaboration across the maritime value chain and accelerating our goal to drive decarbonisation alongside the wider industry.”

Dharma Sreenivas Reddy, Managing Director of BTS, added: “BTS is proud of the value we deliver to the marine fuel supply chain through our end-to-end solutions. This partnership with ZeroNorth will enable us to modernise our solutions to deliver greater user experience for our  customers, and ultimately accelerate the digital transformation of the marine fuel industry.”

 

Photo credit: ZeroNorth
Published: 22 February, 2022

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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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LNG Bunkering

CIMC SOE secures order for 12,000-cbm LNG bunkering vessel from Sinopec Clean Energy

Once operational, the vessel is expected to strengthen Sinopec’s domestic coastal LNG bunkering network and help address gaps in China’s alternative fuel bunkering infrastructure.
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CIMC SOE secures order for 12,000-cbm LNG bunkering vessel from Sinopec Clean Energy

China’s Nantong CIMC Sinopacific Offshore & Engineering Co., Ltd. (CIMC SOE) recently signed a contract with Sinopec (Beijing) Clean Energy Co., Ltd. to build a 12,000-cubic metre (m3) LNG bunkering vessel, according to Chinese maritime media.

The vessel is scheduled for delivery in 2028 and will support Sinopec’s efforts to expand its presence in the marine clean energy sector.

Once operational, the vessel is expected to strengthen Sinopec’s domestic coastal LNG bunkering network and help address gaps in China’s LNG bunkering infrastructure.

With this signing , CIMC Pacific Offshore Engineering’s LNG bunkering vessel orderbook is further strengthened, maintaining its leading position in the global market for small and medium-sized LNG bunkering vessels.

The contract also marked another milestone for CIMC SOE, which has seen a sharp increase in orders and business performance this year amid a surge in domestic LNG vessel demand.

 

Photo credit: Nantong CIMC Sinopacific Offshore & Engineering
Published: 21 July, 2026

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Nuclear

ABS awards AiP to Korean institute for SMR-powered container ship concept design

KRISO says AiP recognises the technical feasibility and safety of its concept design, marking an important milestone toward the development of next-generation nuclear-powered commercial ships.
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ABS awards AiP to Korean institute for SMR-powered container ship concept design

Korea Research Institute of Ships & Ocean Engineering (KRISO) on Thursday (16 July) received Approval in Principle (AiP) from the American Bureau of Shipping (ABS) for its concept design of a 15,000 TEU Small Modular Reactor (SMR)-powered container ship utilising Molten Salt Reactor (MSR) technology.

KRISO said the AiP recognises the technical feasibility and safety of its concept design, marking an important milestone toward the development of next-generation nuclear-powered commercial ships.

“This achievement demonstrates international recognition of KRISO’s technological capabilities in the rapidly evolving field of nuclear-powered shipping, supporting the transition toward low-carbon maritime transport,” it said. 

Building on this milestone, KRISO will continue advancing basic and detailed ship design, paving the way for future demonstration and commercialisation of SMR-powered vessels. 

Through continued R&D and international collaboration, KRISO remains committed to strengthening next-generation maritime technologies and contributing to the safe deployment of nuclear propulsion in the maritime industry.

 

Photo credit: Korea Research Institute of Ships & Ocean Engineering
Published: 21 July, 2026

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