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Blockchain bunker fuel assurance system takes next development step

Maritime Blockchain Labs, a partnership between Lloyd’s Register Foundation and BLOC, on the move.

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Maritime Blockchain Labs (MBL), a partnership set up between Lloyd’s Register Foundation and BLOC, on Tuesday said its bunker fuel assurance demonstrator system is set to enter a phase of further development as a key step towards commercialisation.

The next phase will involve the further development and scaling of the solution, capturing marine fuel deliveries and associated verified data into the system.

It is intended that this will be undertaken by a consortium formed of ship owners or operators, fuel suppliers, port authorities and a fuel testing body and MBL is inviting interest from stakeholders within these groups to join and co-sponsor this next phase of work. It is expected to begin January 2019.

The prototype digital system, providing fuel assurance for ship owners and suppliers, was developed earlier this year together with a consortium including the International Bunker Industry Association (IBIA), LR’s FOBAS team, Bostomar, Heidmar, BIMCO, Goodfuels and Precious Shipping. The demonstrator phase of the project was funded by Lloyd’s Register Foundation.

The successful development of a marine fuels quality tracing and compliance prototype involved testing in a simulated environment with the consortium in September this year.

The demonstrator closed with the prototype being used for the manual capture of the world’s first end to end fuel transaction on a blockchain in the Port of Rotterdam. The solution also won the team the prestigious MIT SOLVE competition, in the category of coastal communities.

“The recently concluded MEPC73 showed us that there are still burning questions about the availability of compliant fuels post-2020 – and the current epidemic of bad bunker, as it’s been called by Intertanko and others, shows that building traceability and trust in the marine fuels supply chain is one of the most vital issues facing shipping right now,” said Deanna MacDonald, CEO of BLOC.

“Our demonstrator phase has shown us that dealing with marine fuels’ quality and quantity assurance is an industry wide issue, and that the industry is looking to work together to solve this issue.

“We’ve built something that for the first time, will allow stakeholders across the global shipping industry to verify and validate transactions across the fuels supply chain.”

MBL’s bunker fuel assurance system uses Hyperledger Fabric blockchain technology. This technology creates an immutable chain of custody of quality analysis documentation and specification of fuels from the various actors transacting and transferring the fuels throughout the supply chain. The analysis results of the fuel supply are then associated or linked to the specific transaction offering this fuel.

Related: BLOC hails first blockchain bunker delivery
Related: BLOC announces bunkering consortium for blockchain
Related: Lloyd’s Register Foundation funds blockchain study

Photo credit: Matthew Henry/Burst
Published: 5 December, 2018

 

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Digital platform

Singapore-based Opulent Maritime selects ADP Clear e-BDN solution

Marine fuel oil trading firm Opulent Maritime will be utilising ADP Clear’s platform as their electronic Bunker Delivery Note solution for their fleet of four barges.

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Singapore-based Opulent Maritime selects ADP Clear e-BDN solution

Singapore-based marine fuel oil trading firm Opulent Maritime has selected ADP Clear to enable its digital bunkering operations, according to the latter on Wednesday (24 July). 

ADP Clear said more than 3,000 bunker deliveries have been performed over its platform.

Through this agreement, Opulent Maritime will be utilising ADP Clear's platform as their electronic Bunker Delivery Note (eBDN) solution for their fleet of four barges. 

ADP Clear said this ensured compliance with the Singapore MPA's eBDN requirements, promoting transparency and efficiency throughout the bunkering process.

"We are thrilled to implement the Advanced Delivery Platform across our bunkering operations in Singapore. Having tried other eBDN solutions, we feel that ADP is the best product on the market for our needs," said Matthew Ong, Shipping Manager at Opulent Maritime. 

"Our crews and customers find ADP intuitive to use and we are especially impressed with its superior connectivity as well as its offline capabilities which ensure the eBDN process always functions smoothly even when our vessels don't have access to wireless networks.”

“Cyber security is very important to Opulent Maritime and ADP's data protection standards and secure blockchain architecture provide us the surety that we need."

"We are excited to be entrusted by Opulent Maritime to lead their digital transition, adding efficiency to their operations and those of their customers by leveraging real-time data and electronic documentation," said Eunice Low, Business Development Manager at ADP Clear.

Related: Singapore: MPA adds ADP Clear as whitelisted solution provider for e-BDN

 

Photo credit: ADP Clear
Published: 25 July 2024

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Wind-assisted

NYK installs wind-assisted ship propulsion system on bulker “NBA Magritte”

NYK Bulkship (Atlantic) installed two wind-assisted ship-propulsion units on Cargill-chartered bulk carrier on 8 July at the port of Rotterdam, the Netherlands.

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NYK installs wind-assisted ship propulsion system on bulker “NBA Magritte”

NYK Line on Tuesday (23 July) said NYK Bulkship (Atlantic) N.V. (NBAtlantic) has installed two wind-assisted ship-propulsion units on the bulk carrier NBA Magritte on 8 July at the port of Rotterdam, the Netherlands.

The bulk carrier is engaged in a long-term charter contract with Cargill (USA). 

“This is the first time a unit of this type has been installed on an NYK Group vessel,” NYK said on its website. 

Sitting on a 20-foot-long (approximately 6-metre) flat rack container with no walls, VentoFoil has a 16-metre vertical wing that acts as suction sail which expects about 5 times as much force compared to no-suction versions.

Features of VentoFoil

・VentoFoil creates propulsion with the pressure difference on both sides of the wing and is expected to help reduce greenhouse gas (GHG) emissions during vessel navigation.

・It takes in wind through its suction port and obtains greater propulsion by amplifying the pressure difference.

・The system can be easily activated and deactivated through a touch panel installed on the bridge, enabling operation without increasing the crew’s workload.

・It is smaller than similar wind equipment, making it easy to install and relocate.

・It can be folded in about 5 to 6 minutes, keeping it out of the way of cargo handling. (See video below.)

NBAtlantic will collect data on the propulsion generated by this equipment, as well as meteorological and ocean conditions during navigation, and measure the unit’s effectiveness in collaboration with Cargill International Inc. and NYK R&D subsidiary MTI Co., Ltd.

This initiative is part of NYK’s long-term target of net-zero emissions of GHGs by 2050 for the NYK Group's oceangoing businesses. The NYK Group will utilise the knowledge gained in this research and development to promote initiatives related to various energy-saving technologies, including the use of wind power.

 

Photo credit: NYK Line
Published: 24 July 2024

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Decarbonisation

DNV: Leading maritime cities driving decarbonization of shipping

Dr Shahrin Osman, Business Development Director, DNV Maritime Advisory and co-author of Leading Maritime Cities report, explains the central importance that decarbonization and digitalization occupy within shipping.

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Dr Shahrin Osman, Business Development Director, DNV Maritime Advisory

Dr Shahrin Osman, Business Development Director, DNV Maritime Advisory and co-author of the Leading Maritime Cities report, explained the central importance that decarbonization and digitalization occupy within shipping in this article published on Tuesday (23 July). 

He outlined how maritime cities are the centres of gravity driving this forward, facilitating innovation and coming up with the solutions which are needed for shipping to reach its ambitious decarbonization goals:

The Leading Maritime Cities report shines a light on the key cities driving the maritime industry forward. With decarbonization and digitalization key factors in today’s maritime world, the report’s co-author explains how these are being advanced by activities in the leading maritime cities.

The latest edition of the Leading Maritime Cities (LMC) report was published in April this year. The collaboration between DNV and Menon Economics delivers fresh insights into the maritime cities which offer the best policy measures, infrastructure and supporting institutions, and how these are driving advancements in the maritime industry.

Leading maritime cities in a world of transition

The LMC report recognizes the central importance that decarbonization and digitalization occupy within shipping. The impact of these two dimensions cuts across the traditional pillars that cities are benchmarked on. To address their transformative effect, this year’s report introduces new indicators – such as capabilities in the adoption of digital technologies and automated processes for port operations, and proactivity in implementing green and sustainable financing practices.

“The maritime industry is in the midst of a major transformation,” says Dr Shahrin Osman, Business Development Director, DNV Maritime Advisory and co-author of the report. “Decarbonization targets mean that the entire industry is looking at how it can undergo a transformation of technologies and fuels to reduce emissions, all of this being supported by advances in digitalization.”

Singapore dominates rankings with strong decarbonization efforts

“Maritime cities are the centres of gravity driving this forward. This is where the leading companies and talents are residing and where the real transformations are taking place. They provide platforms for progress and serve as conduits, linking the industry with the wider global economy.”

Like in the previous edition of this report in 2022, a combination of objective and subjective indicators are used to rank the different cities. Singapore was once again recognized as the leading maritime city, followed by Rotterdam and London, with Shanghai and Oslo making up the remainder of the top five. The Asian city-state hit the top spot in three out of the report’s five pillars, retaining its position as leader in Attractiveness and Competitiveness and overtaking Athens and Shanghai in Shipping Centres and Ports and Logistics. Much of this is due to Singapore’s strong positioning towards decarbonization.

The Silicon Valley of the maritime industry

“Driven by key bodies like the Maritime and Port Authority of Singapore and the Global Centre for Maritime Decarbonization, Singapore has a forward-leaning, future-ready approach. They look at things not just for the next few years, but for the next decade,” says Shahrin. “This includes policies towards building up a multi-fuel infrastructure, the electrification of harbour craft, and the promotion of green shipping corridors.”

“Overall, this has made Singapore an attractive location for shipping businesses, to the point where we now regard it as the Silicon Valley of the maritime industry.”

Government policies driving the green transition in key cities

As the example of Singapore has shown, strong, progressive government policy is one of the key factors behind the evolution of maritime cities, underpinning a forward-leading approach. This can attract companies and top talent to a city, while creating a competitive economic environment with well-developed infrastructure can encourage these actors to stay.

“This is especially relevant for decarbonization initiatives, where returns on investments take longer, and are dependent on wider infrastructure being in place,” says Shahrin. “Government support mechanisms can be crucial in facilitating innovation, so that new products and solutions can be developed.”

Shahrin points to the Norwegian Green Shipping Programme as a prime example of good government policy in action. This brings together public and private actors to overcome key decarbonization barriers, supported by funding from the Norwegian parliament.

Attraction of talent to cities key to progress

Central to the attractiveness and competitiveness of a maritime city is its ability to attract and retain top talent. The presence of research and educational institutions can help to develop talent within that location. The availability of professional opportunities and general high standards of living will encourage leading talents to relocate.

“Achieving technological progress is dependent on aggregating available knowledge that could otherwise be located in silos, and bringing it all together in clusters,” says Shahrin.

Note: DNV’s full Maritime Impact can be viewed here

 

Photo credit: DNV
Published: 24 July 2024

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