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IBIA on digital revolution: Days of physical bunker delivery notes are numbered

IMO formally confirmed the use of Bunker Delivery Notes in electronic format as an acceptable alternative to the conventional hard copy, if they conform to the regulations of MARPOL Annex VI.

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The International Bunker Industry Association on Tuesday (28 May) shared on the maritime industry shifting towards digitalisation including electronic bunker delivery notes: 

On 1 January global shipping passed a milestone in the acceleration of digitalisation in the sector that may have gone unnoticed by many. Under the Convention on Facilitation of International Maritime Traffic (FAL), governments are now required to use a single digital platform, the Maritime Single Window, to share and exchange information with ships when they call at ports, effective 1 January 2024.

The intention is to streamline procedures to clear the arrival, stay and departure of ships and greatly enhance the efficiency of shipping worldwide. More than 4.6 million port calls were recorded globally in 2022.

IMO Secretary-General Arsenio Dominguez said: “Digitalisation is critical for greater efficiency in shipping. The Maritime Single Window delivers information between ships, ports and government agencies quickly, reliably and smoothly.”

Meanwhile, in development directly affecting the bunker sector, the IMO has formally confirmed the use of Bunker Delivery Notes (BDN) in electronic format as an acceptable alternative to the conventional hard copy, if they conform to the regulations of MARPOL Annex VI.

This follows the 80th session of the Marine Environment Protection Committee last July, which agreed an additional unified interpretation to regulations 18.5 and 18.6 of MARPOL Annex VI concerning BDN. It is now included in the updated consolidation circular MEPC.1/Circ.795/Rev.8.

The minimum information to be contained in the BDN remains the same in hard copy or electronic format and is specified in Appendix V of MARPOL Annex VI. An electronic BDN should be protected against any edits/modifications/revisions and a verification method used to make authentication possible. As with a paper BDN, an electronic format must be retained onboard for a period of not less than three years from the date of delivery and made readily available for inspection as required.

IMO notes in a statement: “Certain ports are looking to implement electronic BDN as part of a wider move towards digitalisation, including documentation related to bunkering operations. Ship officers should be aware of these changes such as the method to digitally transfer an electronic BDN from the bunker barge to the receiving ship and the subsequent means to securely retain that electronic record onboard for not less than the required time period.”

In a sign of the way things are going, Singapore’s Maritime & Port Authority has approved several suppliers to trial the use of electronic bunker delivery notes (eBDN).

Vitol Bunkers says, with its logistics arm V-bunkers, it is collaborating with technology company ZeroNorth to enhance the efficiency of the bunkering process in Singapore through digitalisation. V-Bunkers delivered over 7 million tonnes of bunker fuels in 2023 for its customers, which was also a record year for Singapore. Its barges delivered around 190,000 tonnes of biofuels, which is nearly 36% of total biofuels volume delivered in Singapore last year.

Rishab Bahl, Managing Director at V-Bunkers, said: “We have chosen ZeroNorth as our partner to help digitalise our delivery process with their eBDN solution. Their deep domain knowledge, a secure and strong solution, and commitment to continuous investments towards digitalisation align well with our objectives for a global roll-out.”

Kenneth Juhls, Managing Director for ZeroNorth Bunker added: “Digitalising the bunker industry is a game-changer that accelerates the green transition. Our partnership with Vitol Bunkers marks significant strides towards innovative and sustainable industry practices, and we’re excited to see how Singapore’s leadership influences this globally.”

Back in November last year ZeroNorth said it had enabled its customer Golden Island Diesel Oil Trading Pte Ltd (Golden Island) to become the first marine fuel supplier in Singapore to go 100% digital in its use of Electronic Bunker Delivery Notes (eBDN).

Commenting on the news, Tomohiro Yamano, General Manager, Marine Fuel Department at Golden Island said: “A month after the Maritime and Port Authority of Singapore (MPA) launched its digital bunkering initiative as the first port in the world to implement eBDN, we are proud to be the first company to fully switch to eBDN in the Singapore bunkering market. To achieve this, we required a solution that would facilitate a seamless workflow to enhance the productivity and efficiency of our marine fuel delivery operations.

Kenneth Juhls, Managing Director for ZeroNorth Bunker at ZeroNorth, added: “Bunker procurement has been a traditionally cumbersome process, burdened by manual documentation. We’re delighted to be helping Golden Island eliminate these manual processes to streamline documentation, drive efficiencies and boost productivity across its operations as a global eBDN solution on the market.

In a separate development in the move towards shipping industry digitalisation, major container line Pacific International Lines (PIL) says it has completed full integration with the Singapore Trade Data Exchange (SGTraDex) platform, making it the first shipping line to do so. PIL says in a statement: “This achievement, realised through a collaborative effort with KPI OceanConnect, signifies a transformative step towards global digitisation in PIL’s maritime operations.”

According to PIL, the integration, initiated early last year and concluded in December, has enabled it to leverage SGTraDex to improve the way transactions are conducted with its stakeholders, including suppliers and financial institutions. This is another key step forward in improving efficiency and transparency in maritime operations.

As part of the integration, PIL successfully executed an overseas bunkering transaction with KPI OceanConnect, demonstrating the feasibility of using SGTraDex for transactions beyond Singapore. PIL says the transaction highlighted the data highway’s potential to streamline complex processes and facilitate smoother collaborations between shipping lines and their beneficiary chain of organisations.

Since the successful overseas bunkering transaction, PIL has completed more than 40 transactions through SGTraDex. The adaptability of SGTraDex is evident in its ability to handle a diverse range of transactions, showcasing its relevance across the maritime sector.

Prior to this integration, PIL had to export and email documents to suppliers, who then manually uploaded key information onto the e-invoicing portal.

Related: IMO: Maritime Single Windows becomes mandatory for all ports from 1 January 2024
Related: MPA: Maritime Single Windows mandated for all ports from 1 January 2024
Related: Singapore: Golden Island switching to 100% e-BDN operations from 1 December
Related: ZeroNorth enables Golden Island to become Singapore’s first 100% digital bunker supplier
Related: Vitol chooses ZeroNorth e-BDN solution in Singapore
Related: Singapore: PIL becomes first shipping line to complete full integration with SGTraDex
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
Related: MPA Chief Executive: Port of Singapore begins digital bunkering initiative today
Related: IBIA: International Maritime Organization confirms acceptance for electronic BDNs (update)
Related: IBIA: MEPC 80 confirms acceptance for electronic bunker delivery notes
Related: IBIA: IMO sub-committee accepts use of electronic BDNs after long discussion

 

Photo credit: International Bunker Industry Association
Published: 29 May 2024

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Technology

ZeroNorth debuts new agentic AI partner for maritime operations

Propel will ultimately operate across voyage, vessel and fuel workflows, monitoring operations continuously, and handling actions within the boundaries operators define.

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ZeroNorth debuts new agentic AI partner for maritime operations

Maritime technology solutions provider ZeroNorth on Tuesday (4 August) introduced Propel by ZeroNorth, a new agentic AI partner for maritime operations. 

Propel uses AI agents to take action on repetitive manual tasks in operations, freeing operators to focus on decisions that require their judgement.

The launch comes as shipping faces growing operational complexity from geopolitical disruption, regulatory change and volatile fuel prices. Operators coordinate decisions across multiple vessels and disconnected systems, and better coordination can compound into meaningful time and fuel savings across a fleet.

At the same time, agentic AI is now making it possible for software to move beyond insight and recommendation. It can understand intent, respond to changing conditions and help carry out work across complex operational processes. Propel is designed to do exactly that.

Today, Propel takes on repetitive manual tasks related to voyage optimisation that were previously handled by operators. It generates a voyage plan, manages the communication with the master, incorporates feedback into the plan and updates it, while keeping the operator in the loop throughout.

It is always on duty and responds as conditions change, helping operators act sooner on voyage opportunities while saving hours of manual coordination across organisations’ operations teams and fleets.

The voyage optimisation agent has been in use by ZeroNorth’s Professional Services team over the past three months and ZeroNorth is now giving early-access to key customers Cargill, Ultrabulk and CMB.TECH.

New agents will be released on an ongoing basis. ZeroNorth is testing each new capability with its partners so Propel is shaped by real operational conditions across different shipping segments from the start. Propel will ultimately operate across voyage, vessel and fuel workflows, monitoring operations continuously, and handling actions within the boundaries operators define. Wider commercial availability is planned for later in 2026.

Søren Andersen, CEO of ZeroNorth, said: “Our ambition with Propel is to help change the way shipping works by changing what technology can do inside maritime operations. There is immense potential to move towards operations that are more connected, continuous and precise, where technology takes on more of the coordination work and people can focus their judgement where it creates the greatest value.”

“Cargill, Ultrabulk and CMB.TECH were among our very first customers and helped build ZeroNorth from the beginning. Now, they are partnering with us again to shape what comes next for shipping. Their experience will be invaluable in ensuring that Propel is grounded in the realities of the industry today, while helping transform how maritime operations work tomorrow.”

 

Photo credit: ZeroNorth
Published: 5 August, 2026

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Bunker Fuel

Shipergy inks energy-adjusted bunker procurement deal with European operator

Technology-led marine fuels trading company announced that it has signed what it believes to be the marine fuel industry’s first energy-adjusted procurement contract.

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Shipergy, the technology-led marine fuels trading company, on Thursday (30 July) announced that it has signed what it believes to be the marine fuel industry’s first energy-adjusted procurement contract. 

Under the multi-year agreement, signed with a European operator, Shipergy procures and supplies marine fuels across the client’s fleet, with its performance formally benchmarked on the cost per unit of energy delivered, measured in dollars per gigajoule ($/GJ), rather than the industry’s traditional cost per tonne.

Shipergy said marine fuel has been bought and sold by the tonne since the industry began, but not all tonnes are equal. The energy content of fuel varies materially between suppliers in the same port, by as much as 5 to 7 per cent for VLSFO, meaning a cargo that looks cheaper on the headline market index can in fact cost more per unit of usable energy. Vessels bunkering lower energy fuel burn more of it to complete the same voyage, with direct consequences for cost, carbon emissions and regulatory compliance.

The new contract addresses this directly. For each covered port, a reference energy value is established from Energy Beacon data and agreed between the parties. Each quarter, Shipergy’s achieved cost of energy delivered, calculated from actual invoice values and laboratory-measured Net Calorific Value on every delivery, is compared against the energy-adjusted market benchmark. Where Shipergy delivers a demonstrated saving, the benefit is shared between the parties under a gain-share mechanism, fully aligning the interests of buyer and supplier for the first time in bunker procurement.

Supplier selection under the contract is driven by Energy Beacon, Shipergy’s proprietary analytics platform that predicts the energy content of marine fuel by supplier and port before purchase, and ranks firm offers on effective cost per megajoule rather than headline price per tonne. 

The platform has been independently validated by an external data scientist across more than 10,000 real production predictions spanning over 1,300 ports, demonstrating a 95 per cent confidence interval of just ±0.024 MJ/kg, equivalent to less than $0.30 per tonne of pricing uncertainty. Every prediction carries a confidence score, and the model is retrained monthly to stay calibrated as bio-blend prevalence and market conditions evolve.

The first stem under the contract, a marine gasoil delivery at a major North West European bunkering hub, was completed in July 2026. The delivery was covered by an independent survey verifying both quantity and quality, including laboratory testing of Net Calorific Value, allowing Energy Beacon’s predicted energy content to be validated directly against measured results. Supplier selection for the stem ran through the full Energy Beacon process: quality screening, energy content prediction by supplier, and ranking of firm offers on effective $/GJ.

Energy-based procurement aligns with where maritime regulation is already heading. FuelEU Maritime accounts for greenhouse gas intensity in energy terms (gCO2eq/MJ), the IMO’s Carbon Intensity Indicator rewards lower consumption, and the EU Emissions Trading System penalises excess carbon. Buying fuel on energy content rather than weight moves procurement onto the same basis as the compliance frameworks shipowners must now answer to.

Daniel Rose, Chief Executive Officer of Shipergy, said: “The market prices fuel in dollars per tonne, but ships do not run on tonnes, they run on energy. Two cargoes at the same price can differ by five per cent or more in the energy they actually deliver, and until now no procurement contract has recognised that.

“This agreement changes the basis on which marine fuel is bought. We are measured, and rewarded, on the true cost of energy delivered to the ship. We believe every fleet will buy this way within a decade.”

 

Photo credit: Shipergy
Published: 31 July, 2026

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Business

Shipergy names Lina Molfetas Trading Manager, promotes two traders

Lina Molfetas has been appointed Trading Manager in London, while Tasos Aliferis has been promoted to Head of Trading – Greece and Sotirios Tsesmelis to Senior Trader.

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Technology-led marine fuels trading company Shipergy on Tuesday (21 July) announced a series of appointments and promotions across its commercial team.

Lina Molfetas has been appointed Trading Manager, based in London. In this senior commercial role, Lina leads trading activity across the desk, oversees and develops trading activities, and continues to build on the client relationships she has cultivated since the firm’s earliest days. Lina has been with Shipergy from the outset and has been central to its growth.

Tasos Aliferis has been promoted to Head of Trading – Greece, taking responsibility for Shipergy’s trading and client relationships in Greece. Tasos has consistently been one of the firm’s standout performers, and the promotion reflects both his results and the leadership he already shows within the team.

Sotirios Tsesmelis has been promoted to Senior Trader, in recognition of his strong performance and his growing contribution to the business over the last two years.

Daniel Rose, Chief Executive Officer of Shipergy, said: “These appointments reflect the depth of talent we have built at Shipergy and the ambition we have for the years ahead. Lina, Tasos and Sotirios have each been central to what we have achieved, and I am delighted to see them take on these roles as we continue to grow. 

“Backing our people and rewarding their contribution has always been at the heart of how we operate.”

 

Photo credit: Shipergy
Published: 23 July, 2026

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