Connect with us

Technology

Malaysia JV firm developing AI-based vessel fuel tracking system

SMTrack and VFTech eyes commercial offering of the system in two to three months’ time.

Admin

Published

on

5a7004eb2ecfa 1517290731

Malaysia-listed SMTrack on 29 January entered into a collaboration agreement with VFTech to develop a vessel fuel intelligent tracker with real time vessel (GPS/AIS) tracking system worldwide.

Both companies will form a new limited liability joint venture (JV) company within the next 30 days to start the project; SMTrack and VFTech will respectively have a 51:49 share of the JV firm.

The JV will see the new company introduce a fuel tracking system for offshore oil vessels based on artificial intelligence technology, according to The Star.

“We are eyeing a commercial offering of the system in about two to three months,” said SMTrack executive director Azmi Osman.

“We hope that this joint venture will benefit us with returns for all shareholders in the near future,” adds SMTrack executive director Datuk Tan Choon Hwa .

Photo credit: The Star
Published: 30 January, 2018
 

Continue Reading

Bunker Fuel

SIBCON 2024: Singapore bunker suppliers must provide e-BDN from 1 April 2025

Senior Minister of State Amy Khor also announced MPA will reduce the frequency of verification checks for mass flow meters from twice a year currently, to once a year, from 1 April 2025.

Admin

Published

on

By

SIBCON 2024: Singapore bunker suppliers must provide e-BDN from 1 April 2025

From 1 April 2025, all bunker suppliers in the Port of Singapore will be required to provide digital bunkering services as a default, said Senior Minister of State for Transport and Sustainability and the Environment Amy Khor on Wednesday (9 October).

Khor said Singapore will be the first port globally to implement digital bunkering at scale. MPA launched the digital bunkering initiative on 1 November 2023, becoming the first port in the world to implement electronic bunker delivery notes (e-BDN).

“This initiative is expected to save the industry close to 40,000 man-days annually. In addition, MPA will introduce a centralised electronic Bunker Delivery Note record verification facility to enhance the transparency and integrity of transactions in bunkering operations,” she said in her speech at the 23rd Singapore International Bunkering Conference and Exhibition (SIBCON). 

She emphasised that the Maritime and Port Authority of Singapore (MPA) will work closely with industry partners and the unions to digitalise and streamline processes to improve efficiency in our port; strengthen our capabilities for the bunkering of future fuels and encourage adoption of these fuels; and upskill our workforce to facilitate the green transition. 

Khor also made the following announcements:

  • From 1 April 2025, MPA will reduce the frequency of verification checks for mass flow meters from twice a year currently, to once a year. Singapore was the first port globally to adopt mass flow meters in 2017, and this new move is expected to help the industry save approximately $300,000 annually.
  • From 1 January 2025, MPA will roll out two innovative AI applications, DocuMind and DocuMatch, developed in collaboration with cloud service providers to drive greater efficiency in our port. These are expected to accelerate certificate processing time from up to three days currently, to a few minutes for most transactions.
  • Two ammonia bunkering proposals by Mitsui and Fortescue-Equatorial Marine Fuels have been selected by the consortia for the next round of Request for Proposal to provide a low- or zero-carbon ammonia solution on Jurong Island for power generation and bunkering.
  • MPA will commit $50 million to support the implementation of the refreshed Maritime Singapore Green Initiative, to further encourage the early adoption of green fuels and technologies across the maritime industry.
  • Singapore will continue to strengthen international partnerships through initiatives like the Green and Digital Shipping Corridors (GDSCs) to enable the digitalisation and decarbonisation of shipping. On 9 October, MPA and the Shandong Provincial Transport Department will be signing the Singapore-Shandong GDSC at the sidelines of the 25th Singapore-Shandong Business Council co-chaired by Mr Chee Hong Tat, Minister for Transport and Second Minister for Finance, and Mr Zhou Naixiang, Governor of the Shandong Provincial Government.

 

Photo credit: Singapore Ministry of Transport
Published: 9 October, 2024

Continue Reading

Mass Flowmeter

Singapore-based Metcore and LR team up for MFM certification service

Both launched an independent accredited certification service to certify the accuracy and reliability of bunker fuel quantity received via Mass Flow Meters.

Admin

Published

on

By

Metcore master MFM ops

Singapore-based MFM system measurement solutions provider, Metcore International Pte Ltd (Metcore), and classification society Lloyd’s Register (LR) on Tuesday (8 October) launched an independent accredited certification service to certify the accuracy and reliability of the quantity of fuel received via Mass Flow Meters (MFM). 

The service provides an additional conformity assessment of the installed meters, positioned, used, maintained and continually certified to the ISO 22192:2021 standard.

The demand for greater accuracy in delivered bunker quantities, coupled with the need for greater transparency, security and process automation, is fuelling the widespread adoption of MFMs across the bunker industry. In 2017, the Maritime and Port Authority (MPA) of Singapore mandated the use of MFM for bunkering operations. SOHAR Port and Freezone has announced a mandate from the start of 2025 and the Port of Rotterdam and Antwerp-Bruges are also set to introduce mandatory use of MFMs in 2026.

To help address the concerns that shipowners and bunker buyers have with the use of MFM on bunker tankers, the LR-Metcore MFM certification service aims to minimise the likely causes of measurement error and ensure that the MFM system serviceability extends beyond its initial qualification at installation. Its post-approval conformity assessment program includes metering-data analysis to monitor crew competency to help maintain secure integrity for continual measurement performance. 

In the event of a dispute, the service also offers an independent bunker delivery MFM digital data review as part of the investigation process, helping ensure all parties can carry out a detailed review of the data.

Lewis Cox, LR’s FOBAS Business Development Area Manager, said: “With the potential to eliminate bunker quantity disputes, minimise turnaround time and boost confidence in delivery data – particularly as ship operators seek to account for emissions from the fuel they consume – using Mass Flow Meters seems to be a win for all stakeholders.”

“But the reality of adopting them is not necessarily as straightforward. With the new LR-Metcore MFM certification service, bunkering stakeholders will have peace of mind that their installed meters are certified in conformity with internationally recognised standards for enhanced transparency and trust.”

 

Photo credit: Metcore International
Published: 9 October, 2024

Continue Reading

Alternative Fuels

FuelBoss to continue under new DNV company Ofiniti

‘At Ofiniti, we will continue our dedication to digitalizing bunker operations for all marine fuels through our FuelBoss platform,’ says Martin Christian Wold, the firm’s new CEO.

Admin

Published

on

By

FuelBoss to continue under new DNV company Ofiniti

Digital bunkering delivery platform FuelBoss, which was established by classification society DNV, will continue to operate under a new company name, Ofiniti. 

Martin Christian Wold, in a social media post on Monday (7 October), said he is stepping into the role of CEO at Ofiniti, a newly established company born from a spinout of DNV.

“This marks a significant milestone in a journey that began five years ago, with the conception of an industry platform for LNG bunkering,” he said. 

“At Ofiniti, we will continue our dedication to digitalizing bunker operations for all marine fuels through our FuelBoss platform, and I’m incredibly proud of the strong team that will be joining me on this exciting venture.”

“Under this new home, we will continue and grow our FuelBoss platform for digital bunker deliveries and eBDNs.”

Manifold Times previously reported FuelBoss – initially focusing on LNG bunkering operations – expanded operations to include conventional bunker fuels. 

Related: Singapore: DNV FuelBoss and Equatorial Marine Fuel enter digital bunkering MoU
Related: StormGeo and FuelBoss in new partnership to support digitalisation of bunker workflow
Related: DNV FuelBoss coverage expands to include conventional bunker fuels, whitelisting by MPA in process
Related: FuelBoss paves way into Singapore’s LNG and future marine fuels bunkering sector
Related: Singapore: DNV and Pavilion Energy partner to bring fully digital LNG bunkering
Related: Claritecs, Teqplay, DNV/FuelBoss: Bunkering cost reductions possible through digital technology and collaboration
Related: DNV GL: FuelBoss pushes digitalization of bunkering services
Related: DNV GL launches ‘FuelBoss’ – an integrated hub for LNG Bunkering

 

Photo credit: Ofiniti
Published: 8 October, 2024

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

OUR INDUSTRY PARTNERS

  • 102Meth Logo GIF copy
  • SEAOIL 3+5 GIF
  • Singfar advertisement final
  • HL 2022 adv v1
  • Triton Bunkering advertisement v2


  • Cathay Marine Fuel Oil Trading logo
  • Uni Fuels logo advertisement white background
  • Innospec logo v6
  • Trillion Energy
  • E Marine logo
  • Auramarine 01
  • Synergy Asia Bunkering logo MT
  • Mokara Final
  • intrasea
  • PSP Marine logo
  • Advert Shipping Manifold resized1
  • 400x330 v2 copy
  • VPS 2021 advertisement
  • Headway Manifold

Trending