Connect with us

Digital platform

Glander to provide Asyad Shipping with AI-driven bunkering solutions

Signing ceremony between both parties officially kickstarted three projects including an AI-based propulsion system, a digitalised bunker procurement solution, and comprehensive bunker management.

Admin

Published

on

Glander to provide Asyad Shipping with AI-driven bunkering solutions

Glander International Bunkering and Asyad Shipping on Tuesday (20 February) announced a multi-fold agreement, signed this month by Carsten Ladekjær, CEO of Glander International Bunkering and Imad Said Al Khadouri, CCO of Asyad Shipping.

The signing ceremony symbolises collaborative efforts between the two companies, and officially kickstarted three projects including an AI-based propulsion system, a digitalised bunker procurement solution, and comprehensive bunker management.

Key Account Manager of Glander International Bunkering, Dimitris Mertikas, said: “We are especially pleased to work with Asyad Shipping in this pivotal move to drive sustainability, innovation and digitalization.”

“Fuel management is a critical component for any shipping company, which is why we are keen to help our clients optimise their voyages and set new benchmarks.”

This includes the integration of AI technology onboard Asyad Shipping’s fleet of VLCCs.

CEO Carsten Ladekjær, said: “This AI initiative reduces a vessel’s fuel consumption and CO2 emissions, which drives sustainability efforts towards the Oman Vision 2040. It also aligns with the IMO target to reduce carbon emissions by up to 40% by 2030.”

“Asyad Shipping’s commitment to invest in carbon emission reduction will be recognised by their business partners and serve as an example in both the Middle East and the shipping industry.”

The data-driven concept continuously monitors performance, utilising algorithms to optimise fuel consumption and ensure efficient propulsion in varying conditions. This ultimately guarantees operational efficiency in addition to reducing emissions and cost.

In a separate announcement recently, Arsyad Shipping said it signed a strategic collaboration agreement with Glander International Bunkering, to provide services for supplying various types of bunker fuel to the Asyad fleet in various international ports.

“The agreement comes in line with Arsyad Group’s strategy to strengthen its global reach, offering diverse shipping solutions through its 85 vessel fleet connected to over 120 ports in 57 countries,” it said in a brief social media post. 

 

Photo credit: Glander International Bunkering
Published: 21 February, 2024

Continue Reading

Bunker Fuel

Singapore: EnterpriseSG issues call for public comments on digital bunkering supply chain documentation

Call for public comments will be available for a two-month period from 5 April to 6 June 2024, learns bunkering publication Manifold Times.

Admin

Published

on

By

RESIZED SG bunker tanker

Government agency Enterprise Singapore (EnterpriseSG) on Friday (5 April) issued a call for public comments on the digital bunkering supply chain documentation standard, amongst others, learned bunkering publication Manifold Times.

The call for public comments will be available for a two-month period from 5 April to 6 June 2024.

Under the National Standardisation Programme, the public comment period is an important stage of standards development, states EnterpriseSG.

Members of the public are invited to provide feedback on draft Singapore Standards for publication and work item proposals for development and review of Singapore Standards and Technical References.

The establishment of Singapore Standards is done in accordance with the World Trade Organisation’s requirements for the development of national standards.

Specification for digital bunkering supply chain documentation

This standard specifies requirements for the main types of digital documents utilised and exchanged within bunkering supply chains, aligning with established business practices and bunkering standards such as SS 600, “Code of practice for bunkering by bunker tankers using tank gauging”, SS 648, “Code of practice for bunker mass flow metering” and SS 660, “Code of practice for bunker cargo delivery from oil terminal to bunker tanker using mass flow meter”.

This standard requires digital documents to conform to specific data specifications and document formats. Additionally, it requires users to adhere to defined processes for the issuance of these documents.

A Supplement that is in machine-interpretable format will also be provided when the standard is published. The Supplement is a data definitions file that programmers can use to automatically generate codes to promote data consistency across various IT systems.

Potential users of the standard include bunker suppliers, oil traders, oil terminals, bunker buyers, bunker surveyors, bunker fuel testing bodies, digital service providers, financial institutions, industry associations for banking/shipping and relevant government agencies.

Click here for instructions to access and submit comments on this draft Standard

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

 

Photo credit: Manifold Times
Published: 17 April 2024

Continue Reading

Technology

SMW 2024: MPA partners with S&P Global and Bunkerchain in digital ship identity

MPA signed a MoU with S&P Global and Bunkerchain to use Singapore as test bed to trial and pilot use of digital ship identity in maritime applications such as digital port clearance and digital bunkering.

Admin

Published

on

By

SMW 2024: MPA partners with S&P Global and Bunkerchain in digital ship identity

The Maritime and Port Authority of Singapore (MPA) on Tuesday (16 April) announced it signed a Memorandum of Understanding (MoU) with S&P Global Market Intelligence and Bunkerchain to pilot the use of digital ship identity in the republic. 

The signing took place at the ‘Accelerating Digitalisation and Decarbonisation Conference’ at Singapore Maritime Week (SMW) on the same day.

The parties agreed to use the Port of Singapore as the test bed to trial and pilot the use of digital ship identity in maritime applications such as digital port clearance and digital bunkering.

Digital identity refers to the unique representation of an entity in the digital world, which consists of various attributes and data that distinguishes it from others.

“Electronic transactions may be vulnerable to various risks as such identity fraud and data integrity breaches,” MPA said.

“Digital ship identity plays a crucial role in making electronic transactions more secure, trusted, and efficient in the maritime sector. When deployed in tandem with electronic signatures, these digital technologies will eliminate the need for physical ship stamps and wet ink signatures, and accelerate the transition towards a truly digital, secure, and paperless operations.”

MPA, together with Esri Singapore, the Agency for Science, Technology and Research’s Institute of High Performance Computing and the Technology Centre for Offshore and Marine, Singapore, also developed a digital twin proof-of-concept of a methanol bunkering leak incident. 

“The digital twin runs on an interactive web application that integrates weather and ocean current predictions and AIS data to present visualisation of chemical plume dispersions in the event of a bunkering incident involving alternative fuels,” it said.  

“The capability can help enhance planners’ understanding of the behaviour of the plume clouds under various conditions and guide the development of safety and incident response plans and standards.”

The port authority also announced a collaboration with Amazon Web Services (AWS), an Amazon.com company, to support the maritime industry’s digital transformation and green transition. 

MPA will tap on AWS services including cloud, artificial intelligence (AI), and digital twins to enhance the industry’s efficiency, safety, and sustainability outcomes. 

As part of the collaboration, MPA and AWS will develop the maritime Artificial Intelligence and Machine Learning (AI–ML) Digital Hub, the first-of-its-kind in ASEAN region. 

The AI–ML Digital Hub will leverage AWS cloud to enable the maritime industry to pilot innovative AI and generative AI (GenAI) capabilities to trial on the Green and Digital Shipping Corridors, optimising routes and fuel consumption, carbon emissions accounting, and just-in-time arrivals to help ships operate more efficiently, reduce greenhouse gases emissions, and enhance safety of operations.

A memorandum of understanding was signed between Mr David Foo, Assistant Chief Executive (Operations Technology), MPA and Ms Elsie Tan, Country Manager, Worldwide Public Sector, Singapore, AWS.

Related: SMW2024: 18th Singapore Maritime Week opens with ‘Actions meet Ambition’ theme
Related: SMW 2024: MPA to set up facility for maritime workforce to train in handling new bunker fuels
Related: SMW 2024: Singapore-Rotterdam Green and Digital Shipping Corridor partners to implement first-mover pilot projects

 

Photo credit: Bunkerchain
Published: 16 April 2024

Continue Reading

Digital platform

ZeroNorth to launch new service enabling integration of eBDN data between suppliers and buyers

‘By directly and automatically transferring eBDN data into the procurement system, the new integration is a true step forward for transparency in the bunker market,’ says firm.

Admin

Published

on

By

Kenneth Juhls, Managing Director, ZeroNorth Bunker,

Technology company ZeroNorth on Thursday (11 April) announced it was launching a new service to enhance data integration between bunker suppliers and buyers using its eBDN (Electronic Bunker Delivery Note) solution.

The new solution will transition eBDN data into procurement systems and facilitate automatic matching with corresponding supplier orders. Payment processes are then initiated automatically without manual intervention.

 “The bunker market’s legacy manual processes mean that data entries commonly contain inaccuracies, which leads to raised claims and additional costs,” ZeroNorth said in a statement.

“By directly and automatically transferring eBDN data into the procurement system, the new integration is a true step forward for transparency in the bunker market; improving operational efficiency, fostering stronger supplier relationships, and ensuring adherence to payment schedules.”

The initial rollout of ZeroNorth’s eBDN solution has taken place in Singapore, one of the world’s most important bunkering hubs. Singapore has currently established itself as a hub for a digitalised bunker market, with the Maritime and Port Authority of Singapore (MPA) looking to make eBDN mandatory in the second half of 2024.

With 44,746 bunker deliveries conducted in Singapore in 2023, the city state’s share of fuel volumes was close to 23% of all marine fuel delivered in 2023 (51.8 million mt out of approximately 225 million mt globally).

“It is clear that the adoption of eBDN in Singapore will create the foundation for the global rollout of the technology, significantly improving transparency across the bunker value chain in the years to come,” the firm added.

ZeroNorth said it was clearly seeing interest and enthusiasm for the integration. 

“Effectively and digitally transferring key delivery data from the eBDN between supplier and buyer marks a pivotal moment in strengthening the exchange of data between all parties,” it said.

Kenneth Juhls, Managing Director, ZeroNorth Bunker, said: “We are dedicated to leveraging technology to drive efficiency and sustainability in the maritime sector. The integration of eBDN dataflows is a testament to our commitment to innovation and our vision for a more connected, digital future for bunker fuel transactions.

“eBDNs represent the next frontier for bunker optimisation and hold the potential to be a true accelerant of digitalisation of the bunker value chain. It shows the latent power of the data we have at our fingertips and the positive impact that we can have if we are able to make that information available at speed. By breaking down the data silos between bunker suppliers and buyers, we’re helping everyone work together better.

“This makes it easier to build fuel strategies that are resilient to market complexities and that enable compliance with stricter regulations. We are grateful for the support of our customers and partners as we embark on this journey to transform the industry together.”

Related: Vitol chooses ZeroNorth e-BDN solution in Singapore
Related: ZeroNorth enables Golden Island to become Singapore’s first 100% digital bunker supplier
Related: ZeroNorth acquires Singapore’s bunker supplier software provider BTS
Related: MPA Chief Executive: Port of Singapore begins digital bunkering initiative today
Related: Singapore: MPA publishes guidelines for bunker suppliers in preparation of e-BDN launch
Related: Singapore set to become first port in the world to debut electronic bunker delivery notes

 

Photo credit: ZeroNorth
Published: 12 April 2024

Continue Reading
Advertisement
  • EMF banner 400x330 slogan
  • v4Helmsman Gif Banner 01
  • SBF2
  • Aderco advert 400x330 1
  • Consort advertisement v2
  • RE 05 Lighthouse GIF

OUR INDUSTRY PARTNERS

  • Singfar advertisement final
  • 102Meth Logo GIF copy
  • HL 2022 adv v1
  • Triton Bunkering advertisement v2


  • Auramarine 01
  • E Marine logo
  • 300 300
  • Central Star logo
  • Kenoil
  • Uni Fuels logo advertisement white background
  • endress
  • SMS Logo v2
  • Golden Island logo square
  • Energe Logo
  • 400x330 v2 copy
  • VPS 2021 advertisement
  • Headway Manifold
  • Advert Shipping Manifold resized1

Trending