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Toyota Tsusho Corp launches ‘BunkerNote’, a blockchain bunker management service

Newly launched service is the bunker industry’s first cloud service that centrally manages orders using blockchain technology and will be offered from June 2021.
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Toyota Tsusho Corporation, the trading arm of Toyota group, on Tuesday (2 March) introduced BunkerNote which it claims is the bunker industry’s first cloud service that centrally manages orders for bunkering and marine lubricants using blockchain technology.

The service will be offered to companies operating coastal trading vessels, fuel suppliers, and companies operating bunkering vessels starting from June 2021.

Amid the rising necessity for workstyle reforms and the building of non-contact and non-face-to-face logistics systems toward productivity improvement and the maintenance and strengthening of international competitiveness, the delay of digitalisation in the bunkering industry has become an issue, said the company.

In Japan, there remains commercial practices such as the placing of orders via telephone or facsimile and the creation of delivery notes by hand onboard ships. A lot of time is therefore required to process documents and verify coherence.

The introduction of this service allows online processing of everything from the placing of orders for fuel to the confirmation of deliveries and the issuance and receipt of invoices. Relevant parties are able to share progress in real time, and tasks that have been necessary so far–such as the sending and storage of documents, verifying the coherence of information, and transfer of data by manual entry–will no longer be needed.

This allows significant reduction in the time taken for work related to bunkering orders. In addition, data integrity is guaranteed by using blockchains to register information of transactions regarding bunkering orders.

As a leading Japanese company in terms of bunkering sales volume the company said it aims to contribute towards productivity in the maritime industry through the offering of this service.

Toyota Tsusho will also deploy services for ocean trading vessels and undertake the development and provision of peripheral services centered on the management of bunkering orders.

Toyota Tsusho explained blockchain is a technology for maintaining accurate transaction history by using encryption technology to link transaction history stretching into the past up like a chain.

Information is not centrally managed using a specific server but is instead distributed across user terminals connected via a network through which it is shared and managed.

This allows the prevention of electronic information manipulation as well as damage or loss of such information due to server malfunction.

Photo credit: Toyota Tsusho Corporation
Published: 8 March, 2021

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Alternative Fuels

Singapore-based ONE celebrates maiden voyage of methanol-and-ammonia ready boxship

Following the successful deployment of “ONE Singapore” and its sister vessels, “ONE Solidarity” will be deployed on the Mediterranean Pacific South 2 (MS2) service.
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Singapore-based ONE celebrates maiden voyage of methanol-and-ammonia ready boxship

Singapore-based container shipping company Ocean Network Express (ONE) on Thursday (3 July) said it celebrated the maiden voyage of containership ONE Solidarity as the ship made its first-ever arrival in Shekou, China. 

“As one of our S-series methanol and ammonia ready container vessels, ONE Solidarity is another demonstration of ONE’s commitment to sustainable shipping,” the company said in a social media post. 

Following the successful deployment of ONE Singapore and its sister vessels, ONE Solidarity will be deployed on the Mediterranean Pacific South 2 (MS2) service. 

“Her deployment will boost our service capacity, ensuring faster, more reliable, and highly efficient shipping offerings across key global trade lanes,” the company added.

 

Photo credit: Ocean Network Express
Published: 3 July, 2026

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Alternative Fuels

“Lucia Cosulich” enters final preparation ahead of bunkering operations

Following delivery of the ship in China, it will now enter the final preparation phase ahead of its next operational steps, strengthening Fratelli Cosulich’s ability to provide reliable bunkering solutions.
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“Lucia Cosulich” enters final preparation ahead of bunkering operations

Fratelli Cosulich Marine Energy on Thursday (2 July) celebrated the delivery of Lucia Cosulich at Taizhou Maple Leaf Shipyard in China.

The vessel is the second of four sister methanol-ready IMO II bunker tankers developed within the Group’s fleet expansion programme and follows the launching ceremony held on 2 May 2026.

Designed to support the Group’s bunkering operations and future fuel requirements, Lucia Cosulich is part of the new generation of vessels developed by Fratelli Cosulich Marine Energy to combine operational reliability, safety and fuel flexibility.

Lucia Cosulich will now enter the final preparation phase ahead of its next operational steps, further strengthening the Group’s ability to provide reliable bunkering solutions.

“We wish Lucia Cosulich and her crew fair winds on the next stage of her journey,” the company said. 

Related: Fratelli Cosulich launches second methanol-ready bunker tanker in China

 

Photo credit: Fratelli Cosulich
Published: 3 July, 2026

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Business

Glencore backs FincoEnergies’ biofuel growth with majority stake acquisition

With Glencore’s support, FincoEnergies is well positioned to continue expanding its offerings in biofuels across multiple transport segments and to increase its presence in new geographies.
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Dutch biofuel supplier FincoEnergies on Thursday (2 July) announced the completion of global commodities trader Glencore’s acquisition of a majority stake in the company, forming a partnership with Coloured Finches.

FincoEnergies said its fuel distribution and logistics infrastructure, customer relationships and expertise in downstream fuel transportation will be complemented by Glencore’s global scale, sourcing capabilities and experience across the energy value chain.

With Glencore’s support, FincoEnergies added it is well positioned to continue expanding its offerings in biofuels and decarbonisation solutions across multiple transport segments and to increase its presence in new geographies.

Jan-Willem van der Velden, FincoEnergies CEO and Founder, said: “Today marks an exciting next step for FincoEnergies. Glencore already knows our business well, and this builds on years of collaboration, trust and shared ambition. With Glencore’s support and global reach behind us, we are in a strong position to continue growing our business and supporting our customers as demand for lower-carbon fuel solutions continues to evolve.”

Maxim Kolupaev, Head of Glencore Energy UK, said: “Glencore’s investment in FincoEnergies strengthens the presence of our business in Northwest Europe and creates a strong platform for future growth. We are looking forward to continuing to work closely with the FincoEnergies team and building on the successful relationship we have already developed together.”

Manifold Times previously reported FincoEnergies signing an agreement with Glencore for the acquisition of a majority shareholding in the FincoEnergies Group in a partnership with Coloured Finches.

Related: Glencore acquires majority stake in Dutch biofuel supplier FincoEnergies

 

Photo credit: FincoEnergies
Published: 3 July, 2026

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