Technology

Ofiniti raises USD 6.8 million to scale digital bunkering platform across major hubs

Company raised the fund in a growth round led by Verb Ventures, co-led by ShipsFocus with participation from DNV Ventures, Nysnø and other major investors.

Published

3 months ago

March 18, 2026

Admin

Ofiniti, the digital platform for maritime fuel operations, on Wednesday (18 March) said the company raised USD 6.8 million in a growth round led by Verb Ventures, co-led by ShipsFocus with participation from DNV Ventures, Nysnø and other major investors.

The growth round brings Ofiniti’s total funding to USD 9 million to date and will accelerate international scaling across the world’s major bunkering hubs.

Ofiniti handles scheduling, operational coordination, and digital documentation for all marine fuels, including conventional, LNG, methanol, biofuels, and ammonia. The platform processed more than 25,000 bunker operations in 2025, including 500,000 metric tonnes (mt) of alternative fuels, with volumes expected to increase tenfold in 2026.

The platform saves an average of 45 minutes per delivery, which across the industry translates into savings of up to 40,000 man-days annually. In Singapore, the world’s largest digital bunkering market, Ofiniti holds approximately 40% market share.

Tue Nielsen, CEO, Ofiniti, said: “Our customers are managing more fuel types, across more ports, under more demanding documentation requirements than ever before. Including major fuel suppliers and global trading houses, they rely on Ofiniti’s seamless scheduling and automated documentation to reduce operational costs, protect themselves through verifiable digital records, and provide full transparency across every delivery.

“This funding enables us to serve more customers, in more markets, as demand for digital bunkering operations continues to grow.”

Alex Chikunov, Founding Partner, Verb Ventures, said: “Ofiniti has rapidly established and maintained market leadership in a USD 250 billion industry that is being forced to digitise by regulation.

“From Singapore to Rotterdam to the EU’s new emissions reporting requirements, the pressure on shipping to move from unreliable paper documentation to verifiable digital records is coming from multiple directions at once. Tue and his team have built a platform that will be essential for the industry’s largest operators, and we can help them scale it globally.”

Chye Poh Chua, Founder, ShipsFocus Ventures, said: “We saw Ofiniti’s potential early and have been consistently impressed by its rapid progress and execution. We are now doubling down to support Tue Nielsen and his team as they scale the platform globally, expand into new markets, and deliver on Ofiniti’s tremendous potential.”

Maren Stangeland, Investment Manager, Nysnø Climate Investments, said: “We see Ofiniti as key digital infrastructure for the maritime fuel transition – turning bunker deliveries from paper-based processes into real-time, verifiable data that stakeholders can trust. This matters even more as shipping moves toward alternative and low-carbon fuels, where transparency and data integrity are critical. We’re excited to support Tue and the Ofiniti team in the next phase of growth.”

Kaare Helle, Venture Director, DNV Ventures, said: “DNV Ventures continues to back Ofiniti because of its impressive growth and clear market validation. Under Tue’s leadership, the team has proven it can win and retain key customers, and the company is already a market leader in Singapore with strong potential to expand globally. With fast revenue growth, disciplined execution, and a compelling vision, Ofiniti is well-positioned to become a global maritime operations platform.”

Ofiniti was established within DNV and became an independent company in 2024. It is headquartered in Oslo with operations across Europe, Singapore, and a growing global footprint. In 2025, Ofiniti acquired Singapore-based Angsana Technology, expanding its capabilities and customer base in Asia-Pacific.

It has since expanded into West Africa, the ARA (Amsterdam-Rotterdam-Antwerp) region, and Scandinavia as major fuel suppliers across those regions adopt the platform, and counts over 50 customers including trading houses, bunker suppliers, and shipping lines.

Photo credit: Ofiniti
Published: 18 March, 2026

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VPS debuts VeriSphere Webshop, enhancing digital access to marine fuel solutions

Key addition is the MySurveys application, designed to support bunker quantity survey processes by providing detailed insights into quantity losses, density variations, and bunkering performance.

Published

8 hours ago

June 26, 2026

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VPS debuts VeriSphere Webshop, enhancing digital access to marine fuel solutions

Marine fuels testing company VPS on Thursday (25 June) announced the launch of its VeriSphere Webshop, a major step forward in the evolution of its digital platform and customer experience.

The new webshop provides customers with direct, self-service access to a growing portfolio of VPS products and services, including digital applications, Application Programming Interfaces (APIs) and sampling equipment; enabling faster, more flexible engagement with VPS’s global offerings.

The VeriSphere Webshop has been designed to simplify how shipowners, operators, and stakeholders across the marine fuel value chain, access critical tools and data. Through a streamlined interface, users can:

Browse and subscribe to VPS digital applications
Purchase services and products directly online
Discover complementary solutions tailored to their operational needs from VPS as well as its ecosystem partners

Alongside the launch of the webshop module, VPS continues to expand the capabilities of its VeriSphere platform, introducing new applications and enhancing existing solutions to deliver deeper operational insights.

A key addition is the MySurveys application, designed to support bunker quantity survey processes by providing detailed insights into quantity losses, density variations, and bunkering performance. This capability represents an important step in the digitalisation of traditionally manual survey processes, enabling greater transparency and benchmarking across operations.

Further enhancements across the platform reinforce VPS’s commitment to delivering actionable, data-driven insights across fuel quality, equipment performance, and operational risk management.

With continuous improvements to applications such as PortStats and the broader VeriSphere suite, VPS is enabling customers to move beyond static reporting toward pro-active operational intelligence.

By combining its extensive global fuel quality database with advanced analytics and digital delivery, VPS aims to empowere its customers to identify risks early, optimise fuel performance, simplify compliance and improve operational efficiency.

Dr. Malcolm Cooper, CEO at VPS, said: “The launch of the VeriSphere Webshop marks an important milestone in our digital journey.

“We are making it easier than ever for our customers to access the data, insights, and tools they need, when they need them. As the maritime industry continues to evolve, our focus is on delivering scalable, digital solutions that drive better decision-making, improve operational performance of vessels, prevent downtime and support the transition towards more sustainable maritime operations.”

VPS added that the VeriSphere Platform will continue to evolve with an expanding portfolio of products, services, and ecosystem partnerships.

Photo credit: VPS
Published: 26 June, 2026

Engine

Eight classification societies oversee successful TAT of Everllence ammonia engine

Everllence announced the successful Type Approval Test of its ME-LGIA ammonia-burning engine at its Research Centre Copenhagen.

Published

5 days ago

June 22, 2026

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Eight classification societies oversee successful TAT of Everllence ammonia engine

Everllence recently announced the successful Type Approval Test (TAT) of its ME-LGIA ammonia-burning engine at its Research Centre Copenhagen (RCC).

Eight classification societies oversaw the testing that took place from 10 to 12 June, marking the latest phase in the engine’s journey towards its market debut.

Bjarne Foldager, Head of Two-Stroke Business, Everllence, said: “The TAT is yet another important step as we definitively move from concept development to seagoing engine operation. It confirms the Everllence B&W ME-LGIA as ready for on-board installation and is the last test before actual sea and gas trials.

“This engine sets new benchmarks in zero-carbon propulsion and digitally connected performance, and has attracted great interest since its development was announced in 2019. It stands testament to Everllence’s unique ability to meet demands and bring innovative fuels to market.”

Everllence officially marketed the ME-LGIA engines at a two-day event in Copenhagen in November 2025. Using the Diesel principle and the well-known, dual-fuel Liquid Gas Injection concept, the engine has a proven track record of several hundred thousand operational hours.

Ole Pyndt Hansen, Senior Vice President, Head of Two-Stroke R&D, Everllence, said: “The TAT is also important in relation to maturing IMO ammonia regulations as it is vital that rules and guidelines are in line with reality to optimise safety onboard vessels.

“This experience comes from industry and the first ammonia-driven ships, which are expected to operate at sea during 2026, will act as compelling input for the development of these guidelines.”

Everllence also noted that the ammonia TAT marked the end of an era with it being the final TAT at the RCC in Copenhagen before the company moves location to outside the city in late-2027.

Photo credit: Everllence
Published: 22 June, 2026

Engine

BeHydro secures LR’s first class approval for 100% hydrogen marine engine

Engine has been developed and tested at ABC Engines’ facility in Ghent and is designed to operate entirely on hydrogen, without the need for pilot fuels.

Published

1 week ago

June 19, 2026

Admin

BeHydro secures LR’s first class approval for 100% hydrogen marine engine

Classification society Lloyd’s Register (LR) on Wednesday (17 June) said it has issued the first Type Approval Certificate for a 100% hydrogen-fuelled, spark-ignited marine engine.

The approval has been awarded to the hydrogen engine developed by BeHydro and confirms the design meets LR’s requirements for safety, performance and reliability in marine applications.

The engine has been developed and tested at ABC Engines’ facility in Ghent and is designed to operate entirely on hydrogen, without the need for pilot fuels. This simplifies system design and removes onboard carbon emissions at source, positioning the technology as a practical option for operators exploring zero-carbon propulsion.

Claudene Sharp-Patel, Global Technical Director, Lloyd’s Register, said: “The issue of this Type Approval Certificate demonstrates that hydrogen-fuelled internal combustion engine technology is continuing to mature as a viable option for maritime applications.

“For shipowners and operators, independent certification is essential in building confidence that emerging fuel technologies can meet the industry’s expectations for safety, reliability and operational performance.”

Tim Berckmoes, CEO at ABC Engines, said: “This LRS type approval of our BeHydro 100% hydrogen engines with zero emissions is a confirmation of the future proof technology that BeHydro can offer to innovative shipowners worldwide.

“The 100% hydrogen engine range is available from 900 kW till 2670 kW for different marine applications.”

LR previously awarded Type Approval to BeHydro for its hydrogen-powered dual-fuel engine in 2023, which was the first Type Approval for a dual-fuel hydrogen engine.

Photo credit: Lloyd’s Register
Published: 19 June, 2026