Connect with us

Emissions reporting

Singapore: SMF announces winning teams of MaritimeONE Digital Challenge 2023

Students from Nanyang Technological University and Singapore Management University were crowned champions of the third edition of the case competition.

Admin

Published

on

309

The Singapore Maritime Foundation (SMF) on Thursday (9 November) announced the winning teams of the MaritimeONE Digital Challenge 2023 at an awards ceremony.

Organised by SMF in collaboration with industry partners, the annual case competition invites students from Singapore’s universities and polytechnics to respond to challenge statements at the intersection of maritime and technology. This year’s edition is sponsored by leading multinationals Eastern Pacific Shipping, IMC Shipping and Pacific International Lines.

From an initial 190 students across 60 registered teams, the nine finalist teams comprise students coming from a diverse range of disciplines including maritime studies, supply chain management, business, economics, computer science, and data analytics.

The winners were Team NE who represented Singapore Management University, Team GRQ who represented Singapore Management University and Team MarinaBytes who represented Nanyang Technological University. 

Eastern Pacific Shipping’s challenge statement, tasked to Team NE, was to devise novel concepts towards an emissions digital tool that allows shipping organisations to visualise and compare vessel emissions across fleet and industry, forecast voyage emissions based on port-to-port data, account for various bunker fuel types and obtain a measure of fuel selection cost.

Brandon Sia, a Year 3 business management student from the Singapore Management University, and team leader of Team NE, champion for Eastern Pacific Shipping’s challenge statement, said: “Through our internship experiences, we understand the struggles and the importance of visualising carbon emissions in an automated and reliable manner. Having an emissions dashboard as a tracking system allows a company to know it’s on the right track of decarbonisation by telling the ‘how’s and ‘why’s’ to decarbonise.”

“With tightening regulations, emissions reporting must be more frequent and accurate, such that the industry can work on a concrete database to decarbonise efficiently. The EPS Challenge strikes the best balance for the skillsets of our team — with members with maritime knowledge, and others with data science skills; such that we synergise well to come up with a quality digital tool.”

Note: The full challenge synopsis of each team and full statement by SMF can be read here.

Photo credit: Singapore Maritime Foundation
Published: 10 November, 2023

Continue Reading

Digital platform

Days of making bunker decisions in isolation are over, says ZeroNorth MD

Nicolai Bendixen, Managing Director of ZeroNorth Bunker tackles fragmentation in bunkering by sharing his view on the strategic direction to make it a fully integrated part of shipping operations.

Admin

Published

on

By

Days of making bunker decisions in isolation are over, says ZeroNorth MD

Nicolai Bendixen, Managing Director of ZeroNorth Bunker on Friday (11 July) shared his view on the strategic direction to make bunkering a fully integrated part of shipping operations:

Traditionally, bunker procurement has been treated as a transaction – often disconnected from the operational, commercial, and environmental realities of shipping. But with intensifying regulations and increasingly complex fuel markets, this fragmented approach exposes companies to inefficiencies, rising costs, and compliance risks.

Since his appointment in 2024, Bendixen has led the development of a new strategy focused on transforming bunkering into an integrated, data-driven part of shipping operations – one that connects fuel buying directly to operational performance, commercial strategy, and emissions impact.

“The days of making bunker decisions in isolation are over,” says Bendixen. “We’re operating in an environment where every fuel decision has consequences – for cost, for emissions, and for operational performance.”

A growing challenge for operators

The complexity facing ship operators today is unprecedented. Fuel remains the industry’s single largest operating cost, but pricing is volatile, supplier networks are fragmented, and new regulations are fundamentally reshaping bunkering requirements. At the same time, the industry is under pressure to cut emissions, optimise performance, and manage multiple fuel types – from conventional bunkers to alternatives like LNG, methanol and biofuels.

“These are not isolated decisions,” Bendixen explains. “You can’t separate bunkering from voyage planning, from emissions reporting, or from your commercial strategy. But most of the tools in the market still treat them as separate processes.”

An integrated approach

ZeroNorth is closing this gap by embedding bunkering into its fuel optimisation ecosystem. Through the ZeroNorth platform, bunker procurement, planning, performance data, and emissions management are being connected – enabling operators to make informed, holistic decisions.

“Bunker procurement is part of a bigger operational puzzle,” says Bendixen. “Our role is to give operators the tools to solve it in real time – with data, with automation, and with alignment to both commercial and sustainability goals.”

ZeroNorth’s bunker products have already evolved significantly since the company entered the bunker space in 2022. Following the integration of ClearLynx and Prosmar Bunkering, the company has streamlined digital procurement tools, scaled its electronic Bunker Delivery Note (eBDN) solution across global ports. Over 95% of pricing volume is now automated, helping reduce manual workload and improve pricing accuracy.

Towards autonomous bunker management

Bendixen’s ultimate goal is what ZeroNorth calls “Autonomous Bunker Management.”

“The complexity will only increase,” he says. “More fuel types, more suppliers, more regulations – operators can’t manage that with disconnected systems. We believe the future lies in intelligent, connected environments where procurement, planning, and compliance are automated and aligned.”

This vision involves building AI-driven systems capable of continuously learning from operational data, predicting optimal procurement strategies, and executing transactions with minimal manual intervention. Work is already underway on autonomous planning capabilities, smart claim detection, and enhanced pricing indices designed to support greater transparency and reliability across the bunker market.

Importantly, Bendixen stresses that ZeroNorth’s approach is designed to complement – not replace – existing procurement models. The company provides technology that enables informed decision-making, whether operators manage procurement in-house or through trusted partners.

“Procurement will always involve relationships, but it needs to be underpinned by data, automation, and alignment to operational realities,” Bendixen concludes. “That’s how we move beyond fragmented decisions – and towards a future where fuel procurement helps drive both commercial performance and decarbonisation.”

 

Photo credit: ZeroNorth
Published: 15 July, 2025

Continue Reading

Milestone

Trafigura enters strategic alliance with maritime technology provider ZeroNorth

ZeroNorth’s platform will be installed across Trafigura’s controlled fleet of more than 350 vessels, with Trafigura taking an equity stake in ZeroNorth.

Admin

Published

on

By

Trafigura ZN signing MT

Commodities group Trafigura and maritime technology provider ZeroNorth entered a strategic alliance on Wednesday (9 July).

The development involves a roll out of ZeroNorth’s platform across Trafigura’s controlled fleet of more than 350 vessels, including its voyage optimisation systems, emissions analytics and vessel reporting tools.

Additionally, Trafigura will take an equity stake in ZeroNorth, further deepening the ties between the two companies.

ZeroNorth’s technology uses advanced artificial intelligence and real-time data, including live weather conditions, vessel specifications, ship performance data and bunker fuel availability to optimise operational performance continuously.

The implementation of ZeroNorth’s solutions is expected to deliver reductions in both marine fuel consumption and carbon emissions across Trafigura’s chartered fleet.

As part of the agreement, Trafigura will also join ZeroNorth’s group of strategic partners, contribute practical industry insights to product development and play an active role in shaping the company’s long-term direction.

Andrea Olivi, Global Head of Shipping at Trafigura, commented: “This partnership marks an important step in Trafigura’s commitment to improving efficiency and sustainability across its maritime operations. The ZeroNorth platform will help us optimise fleet performance through enhanced monitoring of fuel and emissions while improving data collection and quality. It will also strengthen our relationships with vessel owners through more effective communication and information sharing.”

Søren C. Meyer, CEO at ZeroNorth said: “We’re proud to partner with Trafigura – one of the largest players in global commodity trading and shipping. This partnership reflects a shared commitment to advancing the use of technology and high-quality data, sending a clear signal to the industry about the vital roles these play in the energy transition. Trafigura’s insight, scale, and ambition will be invaluable to our strategic direction and will help accelerate the impact of our platform across the industry.”

 

Photo credit: ZeroNorth
Published: 10 July 2025

Continue Reading

Digital platform

Ofiniti eBDN solution chosen by FincoEnergies for marine biofuel ops in ARA region

Development takes place on the back of complex logistics and opaque operational processes experienced by the marine (bio)fuel market; which Ofiniti’s FuelBoss eBDN solution seeks to simplify.

Admin

Published

on

By

FincoEnergies MT

Rotterdam-based FincoEnergies, an independent, leading supplier of (bio)fuels and decarbonisation services for the transport sector, will be adopting Ofiniti’s FuelBoss eBDN technology, with operational support from VT Group.

The development takes place on the back of complex logistics and opaque operational processes experienced by the marine (bio)fuel market; which Ofiniti’s FuelBoss eBDN solution seeks to simplify.

“Schedules are becoming increasingly tighter as demand for sustainable biofuels grows,” explains Leon Arets, Trading & Operations Director at FincoEnergies.

“We’re adopting a platform that enhances structure and responsiveness. This digital leap allows us to not only scale efficiently but also deliver greater transparency and operational excellence to our clients.”

A spin-off from global assurance and risk management leader DNV, Ofiniti brings together deep industry know-how with cutting-edge technology. Its flagship platform, FuelBoss, is designed to replace cumbersome manual processes with streamlined digital workflows that boost efficiency and data reliability.

“Our work with LNG suppliers laid the groundwork,” notes Oliver Brix Sparsø, Global Director of Sales at Ofiniti. “But this collaboration with FincoEnergies and VT Group marks the first large-scale commitment to digital delivery workflows for biofuels. It’s a turning point for the region.”

FincoEnergies’ mission, Decarbonising the transport industry together, is grounded in collaboration and innovation. The partnership with Ofiniti and VT Group exemplifies this spirit, combining technological leadership with operational expertise.

“As operators, we continuously look for ways to improve life on board and support our partners,” adds Wouter van Reenen, Business Development Manager at VT Group. “FuelBoss is a strong fit for our operations and those of our chartering clients.”

Related: Ofiniti to digitalise Azane ammonia bunkering operations across Scandinavia
Related: Ofiniti to roll out e-BDNs for Golden Island methanol bunkering operations in Singapore
Related: Global Fuel Supply to adopt FuelBoss by Ofiniti for e-BDN in West Africa
Related: Ofiniti appoints Oliver Brix Sparsø as new Global Director of Sales
Related: Ofiniti acquires Singapore-based Angsana Technology to advance digital bunkering solutions
Related: Singapore: FuelBoss by Ofiniti becomes sixth whitelisted e-BDN solution
Related: Digital bunkering platform Ofiniti successfully spun out from DNV
Related: FuelBoss to continue under new DNV company Ofiniti

 

Photo credit: Ofiniti
Published: 17 June 2025

Continue Reading
Advertisement

OUR INDUSTRY PARTNERS



Trending