MoU

Singapore: MoUs on digital bunkering and eBDN signed at TechWaves conference

PIL signed MoUs with its bunker suppliers – TFG Marine, KPI Ocean Connect and bp; TFG Marine also signed MoU with Golden Ocean and Frontline to advance adoption of eBDNs.

Published

2 years ago

February 27, 2024

Admin

Singapore: MoUs on digital bunkering and eBDN signed at TechWaves conference

Singapore shipping line Pacific International Lines (PIL), together with Singapore Trade Data Exchange (SGTraDex), on Friday (23 February) signed three separate MOUs with PIL’s bunker suppliers including TFG Marine, KPI OceanConnect and bp respectively, at maritime conference TechWaves.

The MOUs pave the way for PIL and SGTraDex to explore opportunities with each bunker supplier in bunkering supply chain digitalisation, furthering the adoption of eBDN solutions and enhancing the bunkering ecosystem.

PIL, a shareholder of SGTraDex, also recently announced that they were the first shipping line to complete full integration with SGTraDex.

Mr. Chia Yujin, Head, Sustainability, Decarbonisation and Marine Fuels, Pacific International Lines, said, “As an early adopter of the technology, PIL believes that SGTraDex can improve efficiency and reliability of transactions in the marine fuels market. Through our efforts and close collaboration with our trusted partners, we now have in place all the digital enablers to adopt SGTradex as a solution to simplify transactional processes with our stakeholders in the marine fuel value chain.”

“With the confidence and convenience that SGTraDex can bring to buyers of marine fuels, we look forward to seeing more bunkering hubs adopting this solution, thereby paving the way for a more efficient maritime ecosystem.”

Bunker supplier TFG Marine signed an MOU with shipping lines Golden Ocean and Frontline committing to advancing adoption of eBDNs and related documents for their bunker deliveries in Singapore alongside SGTraDex.

With the launch of the Maritime and Port Authority of Singapore (MPA)’s digital bunkering platform in November 2023, Singapore was the first Port globally to implement e-BDNs to facilitate bunker deliveries to reduce the admin burden of filling in physical forms and ensure transaction transparency.

ADP Clear Pte Ltd, Angsana Technology Pte Ltd, Bunkerchain and ZeroNorth have since been whitelisted as e-BDN platform providers.

In a recent exclusive interview with Singapore-based bunkering publication Manifold Times, DNV announced that it was in the process of being whitelisted by the Maritime and Port Authority of Singapore (MPA).

The conference also featured addresses by maritime industry leaders and stakeholders.

Singapore Standards Council (SSC) shared an upcoming standard focused on the digitalisation of bunkering supply chain documentation, while Equatorial Marine Fuel Management Services (EMF) shared their journey with eBDNs and the future of digital bunkering.

Jurong Port Universal Terminal (JPUT) and Jurong Port outlined their respective initiatives on smart terminals and ship supplies digitisation.

Mr. Tan Sian Lip, Co-Convenor for the Working Group on Electronic Documentation for Bunkering, said: “It is important for us to adopt a holistic approach to drive the digitalisation of the maritime sector, which must include the development and implementation of robust standards and to ensure interoperability between different systems.”

“That is why the Singapore Standards Council is working closely with various industry stakeholders to introduce a new standard for digital bunkering documents, and help business adopt more secure and efficient reporting processes. The standard will be open for public feedback in the next few months, and we encourage all industry players and relevant businesses to share their inputs on the draft standard.”

A panel discussion moderated by the International Chamber of Commerce explored the paperless future of maritime, focusing on key documents such as electronic Bills of Lading, Bunker Delivery Notes, and Delivery Orders.

A diverse group of panellists from Singapore Standards Council, EMF, JPUT, Blackstone & Gold and SMU deliberated on strategies to expedite the industry’s transition towards digitalisation, the impact of digitisation on their respective organisations and institution as well as the implications for those employed in Singapore’s maritime and trade finance sectors.

Photo credit: SGTraDex
Published: 27 February, 2024

Related Topics:Business - Events Business - MoU Technology - Digital platform

Up Next

IBIA issues bunker activity report for Africa (February 2024)

Don't Miss

Vopak commissions 40,000 cbm capacity for bio-bunkering in Singapore

Ammonia

Peninsula and ITOCHU establish ammonia bunkering joint venture for European ports

I&P Marine Ammonia has been created to promote the supply of ammonia as a next-generation zero carbon bunker fuel, with an initial focus on major strategic European and Mediterranean hubs.

Published

2 weeks ago

July 9, 2026

Admin

Peninsula and ITOCHU establish ammonia bunkering joint venture for European ports

Global marine energy supplier Peninsula on Wednesday (8 July) announced the establishment of I&P Marine Ammonia Ltd. (IPMA), a joint venture with ITOCHU Corporation, to accelerate the development of ammonia marine fuel bunkering across key European ports.

IPMA has been created to promote the supply of ammonia as a next-generation zero carbon marine fuel, with an initial focus on major strategic European and Mediterranean hubs. These locations represent critical regions in global maritime logistics and will play a central role in enabling the adoption of alternative fuels at scale.

The formation of IPMA builds directly on the Memorandum of Understanding (MoU) signed between Peninsula and ITOCHU in September 2023, which established a framework for the joint development of ammonia bunkering infrastructure and supply chains.

Manifold Times previously reported the European Commission (EC) approving the creation of a joint venture by ITOCHU and Peninsula under the EU Merger Regulation.

“Ammonia is widely seen as the most reasonable option among zero‑carbon marine fuel alternatives, supporting the shipping industry’s transition in line with increasingly stringent regulatory and environmental requirements,” Peninsula said.

“The creation of IPMA marks a significant step towards the commercialisation of ammonia as a marine fuel.”

Peninsula has been advancing the alternative fuels landscape, with established capabilities across LNG, Bio LNG, biofuels and other alternative solutions such as methanol and ammonia. This joint venture represents a natural progression of the company’s strategy to provide customers with practical, scalable decarbonisation pathways.

The partnership combines Peninsula’s global bunkering expertise, an established global supply network and deep customer relationships covering over 500 ports across all major bunkering hubs with ITOCHU’s integrated approach, spanning fuel production and supply chain development.

“Together, Itochu and Peninsula will combine these strengths to develop a robust ammonia bunkering framework, pairing upstream supply and infrastructure with the customer-facing expertise required to deliver ammonia as bunker fuel reliably at scale,” the company added.

With an initial focus on Europe, IPMA is well positioned to accelerate the emergence of an operational ammonia marine fuel supply chain, complementing and reinforcing the broader industry initiatives already underway across the region.

Photo credit: Peninsula
Published: 9 July, 2026

Bunker Fuel

AD Ports Group and IRH Global Trading to advance bunkering at Khalifa Port

Both signed a MoU, outlining potential collaboration in bunkering services to vessels calling at Khalifa Port and the development of alternative bunker fuels such as LNG, biofuels, and methanol.

Published

3 weeks ago

July 1, 2026

Admin

AD Ports Group and IRH Global Trading to advance bunkering at Khalifa Port

AD Ports Group on Tuesday (30 June) said it has signed a Memorandum of Understanding (MoU) with IRH Global Trading Ltd. to explore strategic cooperation in bunkering services and alternative marine fuels at Khalifa Port.

The MoU outlines potential collaboration across a range of areas, including the provision of bunkering services to vessels calling at Khalifa Port, the development of alternative fuel solutions such as Liquefied Natural Gas (LNG), biofuels, and methanol, and the exploration of opportunities related to fuel storage infrastructure, terminal facilities, and fuel sampling and testing capabilities.

Saif Al Mazrouei, CEO, Ports Cluster – AD Ports Group, said: “This collaboration reflects our commitment to forging strategic alliances that create long-term, sustainable value.

“By working alongside trusted partners such as IRH, we are enhancing our capabilities and supporting the development of future-ready infrastructure and services that reinforce the UAE’s position as a leading global trade and logistics hub, in line with the vision of our wise leadership.”

Ali Rashed Alrashdi, Group CEO – International Resources Holding, said: “This collaboration with AD Ports Group reflects IRH’s commitment to build strategic partnerships that drive real economic impact.

“As we continue to develop our global energy trading platform, bunkering and alternative marine fuels represent a high-potential area of growth. We see Khalifa Port as an ideal base from which to explore these opportunities, and we look forward to working closely with AD Ports Group to bring them to life.”

Through this collaboration, AD Ports Group and IRH Global Trading aim to further enhance Khalifa Port’s value proposition as a multi-purpose, deep-water port that supports efficient, sustainable, and future-oriented maritime operations.

IRH Global Trading is a global commodities trading firm with interests across the mining and energy value chain and plans to build a diversified global minerals and energy trading platform, including LNG, Liquefied Petroleum Gas (LPG), crude oil, and petroleum products.

Photo credit: AD Ports Group
Published: 1 July, 2026

Methanol

Agastya inks MoU with Andhra Pradesh to develop green methanol hub at Mulapeta Port

Project will establish a 1 MMTPA green methanol export-oriented unit on the East Coast of India, positioning Andhra Pradesh as a global hub for sustainable bunker fuels and green industrial products.

Published

1 month ago

June 11, 2026

Admin

Agastya inks MoU with Andhra Pradesh to develop green methanol hub at Mulapeta Port

India’s clean energy conglomerate Agastya Group recently said it has signed a strategic Memorandum of Understanding (MoU) with the Government of Andhra Pradesh for the development of Agastya’s green fuels hub at Mulapeta Port, Srikakulam District, Andhra Pradesh.

The project will establish a 1 million tonnes per annum (MMTPA) green methanol export-oriented unit (EOU) on the East Coast of India, positioning Andhra Pradesh as a global hub for sustainable marine fuels and green industrial products.

With an estimated investment of over ₹54,000 Crore (USD 6.5 billion), the Agastya Green Fuels Hub will integrate large-scale green hydrogen production, green methanol manufacturing, carbon capture, renewable energy, and port infrastructure.

“Strategically located in the Indian Ocean Region, the facility will serve key global markets including Japan, South Korea, Singapore, Europe, and other emerging green shipping corridors, supporting the decarbonization of international maritime transport and industrial sectors,” the firm said.

The company added that the project represents a transformational step toward making India a net exporter of RFBNO RED III compliant green methanol to the world.

Manifold Times previously reported Agastya Green Fuels signing a long-term green methanol offtake agreement with Sri Lankan bunker supplier SAR Maritime Agencies, a SAR Group company, for the supply of 250,000 metric tonnes (mt) per annum of EU RFNBO RED III Compliant green methanol.

Photo credit: Agastya Group
Published: 11 June, 2026