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Seascale Energy backs Fuelsure to drive total commercial outcomes in bunker fuel procurement

Fuelsure addresses gaps in bunker procurement by enabling procurement decisions to be evaluated on total commercial outcome rather than nominal cost.

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Seascale Energy backs Fuelsure to drive total commercial outcomes in bunker fuel procurement

Seascale Energy, together with innovation studio 30 50, on Thursday (26 March) said it is supporting the continued development and commercial rollout of Fuelsure, a data-driven platform designed to improve transparency and commercial outcomes in marine fuel procurement.

Bunker procurement has historically been assessed on price, despite the well-known impact of factors such as quantity discrepancies, fuel quality, claims performance and counterparty reliability. Fuelsure addresses this gap by enabling procurement decisions to be evaluated on total commercial outcome rather than nominal cost.

To achieve this, Fuelsure aggregates and analyses historical bunker transaction data, including delivered quantities, fuel quality indicators, claims records and supplier performance to generate comparable, evidence-based benchmarks. Through a digital interface, users can compare suppliers and ports, assess historical performance trends, and evaluate procurement options based on expected total cost rather than headline price.

The Fuelsure platform has been developed in collaboration with Studio 30 50, a venture studio that works with maritime industry partners to build new businesses by combining domain expertise with product development capability.

Fuelsure has evolved through industry validation into a pilot tool that provides structured intelligence both before and after bunker purchases. It allows procurement teams to benchmark supplier performance across ports and counterparties, identify recurring risk patterns, and assess where value is achieved once quality and operational performance are accounted for.

This “true cost” view combines price with operational and performance factors, such as quantity delivered, net calorific value (NCV), claims frequency and counterparty reliability, providing a more complete basis for decision-making. For example, a supplier offering a lower nominal price may ultimately result in higher effective costs if deliveries are consistently short, or fuel performance is below expectation.

Seascale Energy has helped shape the platform by contributing transaction data, procurement expertise and commercial insights. At this stage, the dataset is based on the Hafnia fleets’ transaction data with the aim to eventually broaden the dataset from consenting third-party customers. The scale of the combined platform, including significant global bunker volumes, enables insights that would not be available at an individual company level and supports more consistent, evidence-based decision-making across the market.

Fuelsure is currently in its pilot phase, with Seascale Energy supporting the commercialisation towards a broader market rollout through 2026.

Allan Nexø Gundorph, Head of Strategy at Seascale Energy, said: “Seascale Energy was created by Cargill and Hafnia to bring greater transparency and efficiency to bunker procurement. Fuelsure directly builds on that by allowing us to measure performance across the full value chain beyond price. This is about providing us better control over cost and risk, to the benefit of our clients.” 

“By combining data and procurement expertise, we can support better decisions and more consistent commercial results.”

Shanker Pillai, Founder and Managing Director of Studio 30 50, shared: “The maritime industry has long relied on price as a proxy for value. Fuelsure changes that by making the full picture visible. We are proud to have helped build something that can genuinely shift how procurement decisions are made.”

Seascale Energy said it looks forward to scaling Fuelsure through 2026 as part of its broader ambition to standardise transparent, data-driven fuel procurement.

 

Photo credit: Seascale Energy
Published: 30 March, 2026

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Mass Flowmeter

Hong Kong backs MFM adoption with voluntary scheme to boost bunkering competitiveness

Hong Kong’s Marine Department launched the Quality Bunker Operator Scheme to encourage bunker operators to install and use mass flow meter systems on their bunker vessels.

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RESIZED EH dual mfm setup

Hong Kong’s Marine Department (MD) on Wednesday (3 June) launched the Quality Bunker Operator Scheme to encourage bunker operators to install and use mass flow meter systems (MFM systems) on their bunker vessels.

MD said the scheme aims to enhance Hong Kong’s bunkering service quality and the competitiveness of Hong Kong ports, thereby further consolidating Hong Kong’s position as an international maritime centre and a major bunkering port.

Under the Scheme, bunker operators of traditional maritime fuel and biodiesel that install and use MFM systems on their bunker vessels, with the MFM systems inspected and certified by an accredited body in accordance with the International Organization for Standardization’s ISO 22192 Standard or equivalent requirements, can apply to the MD for inclusion in the scheme’s “List of Quality Bunker Vessels”, provided they meet the relevant technical and operational requirements. 

Details of the bunker vessels successfully included in the List will be published on a dedicated page on the MD’s website for reference by shipping companies and relevant stakeholders.

Participation in the Scheme is voluntary. In addition to receiving recognition from the MD, participating bunker operators will benefit from enhanced corporate image and competitiveness through the adoption of MFM systems, thereby boosting customers’ confidence and helping to create new business opportunities.

 A spokesman for the MD, said: “As an international maritime centre supported by our country, Hong Kong has a strategic location adjacent to major international fairways. Coupled with years of development in marine fuel bunkering, Hong Kong possesses rich experience and talent in the field. For many years, Hong Kong has consistently ranked as the seventh-largest bunkering port globally, the second-largest in our country, and the largest in the Greater Bay Area, providing reliable and competitive fuel bunkering services to ocean-going vessels from around the world. 

“As the international shipping industry has an increasing demand for accuracy and transparency in bunkering services, service quality and measurement precision in bunkering operations have become important indicators of a bunkering port’s competitiveness. The Scheme will enhance bunkering accuracy and transparency, further enhancing the quality of Hong Kong’s bunkering services.

The spokesman added that comprehensive port services are one of Hong Kong’s key advantages as an international maritime centre.

“We will also mandate the use of MFM systems on all methanol bunker vessels this year to ensure that Hong Kong continues to provide high-quality bunkering services in the era of green maritime fuels.” 

Note: The application form for the Scheme can be found on the MD’s website. Interested bunker operators can download the application form from the website or contact the MD’s Green Maritime Fuel Team via email ([email protected]) for details.

 

Photo credit: Manifold Times
Published: 4 June, 2026

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Alternative Fuels

MPA and MSC ink MoU to support adoption of alternative bunker fuels

MPA and MSC will explore new routes and services to strengthen connectivity, support the adoption of alternative marine fuels such as bio-LNG, and advance technologies to improve vessel energy efficiency.

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MPA and MSC ink MoU to support adoption of alternative bunker fuels

The Maritime and Port Authority of Singapore (MPA) on Wednesday (3 June) said it signed a Memorandum of Understanding (MoU) with MSC Mediterranean Shipping Company to strengthen collaboration in maritime decarbonisation, digitalisation, innovation, and manpower development. 

The MoU was signed on 25 May 2026 by Mr Ang Wee Keong, Chief Executive of MPA, and Mr Soren Toft, Chief Executive Officer of MSC.

The MoU underscores the shared commitment of MPA and MSC to foster a sustainable, digital, and future-ready maritime sector, while enhancing MSC’s operational and business activities in Singapore. This year also marks the 30th anniversary of MSC establishing its Asia Regional Office and local office in Singapore.

Under the MoU, MPA and MSC will explore new routes and services to strengthen connectivity, support the adoption of alternative marine fuels such as bio-LNG, and advance technologies to improve vessel energy efficiency and operational performance.

MPA and MSC will also collaborate on maritime digitalisation initiatives to improve operational efficiency, including streamlining vessel arrivals and port operations. 

On manpower development, MSC will support internship and scholarship opportunities through Singapore Maritime Foundation’s Maritime Outreach Network (MaritimeONE) platform, an industry-led tripartite partnership comprising industry, government and institutes of higher learning that aims to raise awareness of the maritime industry and attract quality talent into the maritime sector.

Mr Ang Wee Keong, Chief Executive of MPA, said: “This partnership reflects the strong collaboration between MPA and MSC in driving sustainability and digitalisation in the maritime sector. By working together on decarbonisation, operational efficiency and talent development, we aim to strengthen Maritime Singapore’s position as a trusted and future-ready global maritime hub.”

Mr Soren Toft, Chief Executive Officer of MSC, said: “Singapore is a strategically important hub for MSC and a key gateway to the broader Asia region. As we mark 30 years in Singapore, this MOU reinforces our long-term commitment to strengthening our presence here. MSC and Singapore are closely aligned on the priorities shaping the future of global shipping, and we look forward to deepening this partnership to drive the continued growth and resilience of the maritime industry.”

 

Photo credit: Maritime and Port Authority of Singapore
Published: 4 June, 2026

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Methanol

Seaspan and Hapag-Lloyd complete first of five methanol vessel retrofit

Following “Seaspan Yangtze”, the remaining vessels planned for retrofit under the methanol retrofit programme are “Seaspan Amazon”, “Seaspan Ganges”, “Seaspan Thames”, and “Seaspan Zambezi”.

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Seaspan and Hapag-Lloyd complete first of five methanol vessel retrofit

Seaspan Corporation (Seaspan) and Hapag-Lloyd on Wednesday (3 June) announced the successful completion of the first of the five vessel conversions under their methanol retrofit programme with the delivery of Seaspan Yangtze.

From the early SAVER (Seaspan Action for Vessel Energy Reduction) programme to today’s CleanBlue initiative, Seaspan has committed over USD 230 USD million across 86 vessels, executing more than 550 efficiency and retrofit projects.

Following Seaspan Yangtze, the remaining vessels planned for retrofit under the programme are Seaspan Amazon, Seaspan Ganges, Seaspan Thames, and Seaspan Zambezi. Each retrofit is expected to reduce well-to-wake CO₂e emissions by approximately 30,000 to 50,000 metric tonnes per vessel annually when operating on low-carbon methanol, while also extending vessel lifespan and enhancing fuel flexibility.

“Decarbonisation is not just about building the fleet of tomorrow, it is also about unlocking the full potential of the fleet we have today. Retrofitting and upgrades on existing fleets play a practical, immediate, and economical role in accelerating shipping’s decarbonization journey,” said Bing Chen, Chairman, President and CEO of Seaspan. 

“Project SAVER CleanBlue highlights Seaspan’s strong customer partnerships, deep technical expertise, and unique platform integrated with JV partners, such as WattSpan Maritime Technology, in executing complex and large-scale retrofit projects.”

“The successful conversion of the Seaspan Yangtze together with the planned retrofit of its four sister vessels is another important step on our ambitious path towards net-zero fleet operations by 2045,” said Silke Lehmköster, Managing Director, Fleet, Hapag-Lloyd. 

“Together with Seaspan, we are demonstrating that retrofitting existing vessels for low-carbon methanol can be a practical way to reduce emissions in shipping.”

 

Photo credit: Seaspan
Published: 4 June, 2026

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