Geneva-based marine fuel and bunkering services supplier Minerva Bunkering on Tuesday (21 April) said it completed the first ever bunker delivery conducted entirely over Minerva’s new Advanced Delivery Platform (ADP) in collaboration with Hafnia.
The ADP is an innovative solution comprised of integrated hardware and software designed and developed by Minerva and its technology partner Curl Tech, it said.
The company explained that customers using the ADP benefit from visibility into all details of their bunkering operations including quality of fuel delivered, operational timelines, and quantity received as per mass flow meter profiles – all in real-time and viewed from anywhere via the customer portal.
Onboard documentation is conducted entirely digitally on both supplying and receiving vessels via the networked application, resulting in hours of saved time and reduced human error from manual entries. Back-end integration with customer software systems is supported via API to enable streamlined invoicing and business intelligence.
Furthermore, the platform’s audit functionality provides complete transparency into every barrel of fuel loaded onto and discharged from the supply vessel utilized in each customer delivery.
“We are very excited to introduce the ADP as it offers customers an unprecedented degree of transparency and efficiency, and represents a solution to some of the most significant challenges shipowners face when buying bunker fuel,” said Tyler Baron, Minerva CEO.
Minerva intends to launch commercial service of the ADP in early 2021 covering the ARA, Fujairah, and Singapore markets.
Hafnia, one of the world’s leading tanker owners and operators, collaborated with Minerva on critical design elements of the ADP, and has entered into a supply agreement with Minerva pertaining to these ports.
“We have been vocal about wanting to see this sort of technology and process applied to other major ports in addition to Singapore,” said Peter Martin Grünwaldt, Hafnia’s Vice President of Bunker Procurement.
“A supplier has stepped up to the task, and we are here to support it as promised. It is a big step towards more efficient operations for the industry-at-large, and will certainly be positive for vessel operations in these ports
Minerva said it also collaborated with Emerson Automated Solutions to work on elements of the ADP’s passive design compatibility with mass flow meter equipment.
“The ADP is one of a kind innovative technology that harnesses the precision of Coriolis mass flow meter measurements to provide customers valuable insights into their bunker deliveries,” said Daniel Kemp, Business Development Manager with Emerson’s marine business.
Related: Mercuria finalises oversubscribed USD 1.5 billion revolving credit facility
Related: Minerva Bunkering ‘excited’ to introduce its physical bunker supply model for SingaporeRelated: Singapore: Minerva Bunkering and TFG Marine obtain bunker supplier license
Related: GP Global, Mercuria, Trafigura reportedly aiming for Singapore bunker supplier status
Photo credit: Minerva Bunkering
Published: 24 November, 2020
The top three positive movers in the 2020 bunker supplier list are Hong Lam Fuels Pte Ltd (+13); Chevron Singapore Pte Ltd (+12); and SK Energy International (+8), according to MPA list.
‘We will operate in the Singapore bunkering market from the Tokyo, with support from local staff at Sumitomo Corporation Singapore,’ source tells Manifold Times.
Changes include abolishing advance declaration of bunkers as dangerous cargo, reducing pilotage fees on vessels receiving bunkers, and a ‘whitelist’ system for bunker tankers.
Claim relates to deliveries of MGO to the vessels Pacific Diligence, Pacific Valkyrie, Pacific Defiance, Crest Alpha 1, and Pacific Warlock between March 2020 to April 2020.
3,490 mt of LSFO from Itochu Enex was lifted at Universal Terminal; the same bunker stem was bought by Global Marine Logistics and delivered by bunker tanker Juma to receiving vessel Kirana Nawa.
Representatives of Veritas Petroleum Services, Maersk, INTERTANKO, ElbOil Singapore, and SDE International provide insight from their respective fields of expertise on what lies ahead.