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Vitol chooses ZeroNorth e-BDN solution in Singapore

Singapore-based Vitol Bunkers will be among the first suppliers to embrace use of an electronic bunker delivery note, which will eventually replace the physical documents that are currently still required.

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Vitol Bunkers and its logistics arm, V-bunkers, on Thursday (1 February) said they are collaborating with ZeroNorth to enhance the efficiency of the bunkering process in Singapore through digitalisation.

Vitol Bunkers, based in Singapore, will be among the first suppliers to embrace use of an electronic bunker delivery note (e-BDN), which will eventually replace the physical documents that are currently still required.

ZeroNorth is one of the few companies that has been approved by Singapore’s Maritime & Port Authority to provide this service.

V-Bunkers has delivered over 7 million metric tonnes (mt) of bunker fuels in 2023 for its customers, which was also a record year for Singapore. Its barges delivered around 190,000 tons of biofuels, which is nearly 36% of total biofuels volume delivered in Singapore last year.

Rishab Bahl, Managing Director at V-Bunkers, said: "We have chosen ZeroNorth as our partner to help digitalise our delivery process with their eBDN solution. Their deep domain knowledge, a secure and strong solution, and commitment to continuous investments towards digitalisation align well with our objectives for a global roll-out."

Kenneth Juhls, Managing Director for ZeroNorth Bunker, said: “Digitalising the bunker industry is a game-changer that accelerates the green transition. Our partnership with Vitol Bunkers marks significant strides towards innovative and sustainable industry practices, and we're excited to see how Singapore's leadership influences this globally.”

Manifold Times previously reported Singapore bunker supplier Golden Island Diesel Oil Trading Pte Ltd (Golden Island) will be fully adopting e-BDN for commercial bunkering operations from 1 December 2023 onwards after it chose ZeroNorth Bunker’s eBDN solution.

Manifold Times also reported the Maritime and Port Authority of Singapore (MPA) on Monday (1 November) launched its digital bunkering platform, becoming the world’s first port to implement e-BDN.

Related: ZeroNorth consolidates existing bunkering business following acquisitions
Related: ZeroNorth acquires Singapore’s bunker supplier software provider BTS
Related: MPA Chief Executive: Port of Singapore begins digital bunkering initiative today
Related: ZeroNorth enables Golden Island to become Singapore’s first 100% digital bunker supplier
Related: Singapore: MPA publishes guidelines for bunker suppliers in preparation of e-BDN launch
Related: Singapore set to become first port in the world to debut electronic bunker delivery notes
Related: Hong Lam Marine ‘fully supportive’ of e-BDN implementation for Singapore bunkering sector
Related: ONE completes e-BDN adoption trial with Shell in Port of Singapore
Related: Hong Lam Marine ‘fully supportive’ of e-BDN implementation for Singapore bunkering sector
Related: ONE completes e-BDN adoption trial with Shell in Port of Singapore
Related: IBIA: International Maritime Organization confirms acceptance for electronic BDNs (update)

 

Photo credit: ZeroNorth
Published: 1 February, 2024

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Digital platform

Singapore: TradeGo becomes fifth whitelisted e-BDN solution provider

TradeGo now joins ADP Clear, Angsana Technology Pte Ltd, ZeroNorth (BTS Pte Ltd) and Bunkerchain in MPA’s whitelisted Digital Bunkering solutions providers.

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The Maritime and Port Authority of Singapore (MPA) recently added TradeGo Pte Ltd and its solution, BunkerGo, to the list of approved digital bunkering solutions for the implementation of electronic bunker delivery note (e-BDN) in the republic. 

TradeGo now joins ADP Clear, Angsana Technology Pte Ltd, ZeroNorth (BTS Pte Ltd) and Bunkerchain in MPA’s whitelisted Digital Bunkering solutions providers.

Kitty Li, Regional Director of TradeGo, said TradeGo, a Singapore-based eBL platform, dedicated to digitising international trade processes, aims to offer paperless and innovative trade services to users across various trade-related sectors such as energy, mineral and metals, and shipping. 

“TradeGo, as the only digital platform globally to support both eBL and e-BDN services, is capable to integrate its eBL solution to provide digital services for innovative trade finance business for bunker suppliers, as well as to support for green shipping to maritime participants,” Li told Manifold Times.

Manifold Times previously reported Singapore becoming the first port in the world to implement e-BDN when MPA launched its digital bunkering initiative on 1 November 2023.

Licensed bunker suppliers, ship owners, operators and crew are encouraged to utilise the mobile and cloud solutions approved by MPA to complete and issue digital bunkering documents, which can save close to 40,000 man-days per year for the bunker industry. 

Over 100 e-BDN trials have been conducted since January 2023, involving more than 20 companies in the Singapore bunkering ecosystem. Feedback from users will continue to be gathered to improve these solutions with plans to make digital bunkering a mandatory requirement by end 2024. 

Meanwhile, MPA will continue to explore and work with the industry on other enhancements, including automating the data flow from Mass Flow Meters.

MPA also published guidelines for the use of digital bunkering service for the bunker supplier, bunker craft operator and the vessel receiving bunkers as well as a sample of eBDN issued in Singapore.

In February, Singapore shipping line Pacific International Lines (PIL), together with Singapore Trade Data Exchange (SGTraDex), signed three separate MOUs with PIL’s bunker suppliers including TFG Marine, KPI OceanConnect and bp respectively, at maritime conference TechWaves.

The MOUs pave the way for PIL and SGTraDex to explore opportunities with each bunker supplier in bunkering supply chain digitalisation, furthering the adoption of eBDN solutions and enhancing the bunkering ecosystem. 

In the same month, classification society DNV announced its digital bunkering delivery platform, FuelBoss, was in the process of being whitelisted by MPA.

Related: Singapore: MoUs on digital bunkering and eBDN signed at TechWaves conference
Related: DNV FuelBoss coverage expands to include conventional bunker fuels, whitelisting by MPA in process
Related: Singapore: MPA adds ADP Clear as whitelisted solution provider for e-BDN
Related: Singapore set to become first port in the world to debut electronic bunker delivery notes
Related: MPA Chief Executive: Port of Singapore begins digital bunkering initiative today
Related: Singapore: MPA publishes guidelines for bunker suppliers in preparation of e-BDN launch
Related: ZeroNorth enables Golden Island to become Singapore’s first 100% digital bunker supplier
Related: Photo essay: e-BDN trial of “One Truth” at Singapore port
Related: Hong Lam Marine ‘fully supportive’ of e-BDN implementation for Singapore bunkering sector
Related: ONE completes e-BDN adoption trial with Shell in Port of Singapore
Related: Singapore: Golden Island switching to 100% e-BDN operations from 1 December
Related: IBIA: International Maritime Organization confirms acceptance for electronic BDNs (update)
Related: IBIA: MEPC 80 confirms acceptance for electronic bunker delivery notes
Related: IBIA: IMO sub-committee accepts use of electronic BDNs after long discussion

 

Photo credit: Manifold Times
Published: 25 April 2024

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Alternative Fuels

Platts proposes to launch Singapore bio-bunker fuels market-based assessment

Proposal is on the back of growing interest for blended bio-bunkers in Singapore, the world’s largest bunkering hub, amid increasing pressure on the shipping sector to decarbonise.

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Platts, part of S&P Global Commodity Insights, on Tuesday (23 April) proposed to launch a new daily market-based delivered Singapore bio-bunker assessment, effective 1 August.

This proposal is on the back of growing interest for blended bio-bunkers in Singapore, the world's largest bunkering hub, amid increasing pressure on the shipping sector to decarbonise.

The new assessment would reflect marine fuel blend of biodiesel with low sulphur fuel oil. Platts would publish the Singapore bio-bunkers market-based assessment as a differential to Platts Marine Fuel 0.5% (AMFSA00), and as an outright value.

The assessment specifications would be as follows:

Platts proposes to launch Singapore bio-bunker fuels market-based assessment

Other delivery periods and volumes may be considered in the Platts Market on Close assessment process and normalised back to the above specifications.

Bio-bunkers stems must be incompliance with the EU's Renewable Energy Directive, or RED requirements, and meet sustainability requirements such as ISCC or RSB sustainability criterions.

Platts will not consider bio-bunkers that use palm oil as a bio-component.

International Organization for Standardization is revising the ISO 8217 standards to include additional requirements for blended bio-bunker. The assessment would reflect standards set in the document ISO 8217:2024 Petroleum products -- Fuels (class F) -- specifications of marine fuels, as well as standards set by Singapore's Maritime Port Authority on specifications of marine biofuels (WA 2:2022). Platts is seeking specific feedback on these standard requirements.

Platts is also seeking specific feedback on the reference density of blended bio-bunkers.

The assessment would be published on Platts Biofuels Alert (PBF2500), in the Bunkerwire Report, Bunkerwire Monthly, Biofuelscan report and Biomass-Based Diesel Report.

The new daily bio-bunkers assessment would be timestamped to 5.30 pm Singapore time and follow the Singapore publishing schedule.

Platts spot price assessments consider market information reported to Platts and published throughout the day, including firm bids and offers, transactions and indications of value. In the absence of observable spot market activity, Platts may consider other verifiable data reported. This information will be published as price heards.

At present, Platts publishes a daily cost-based B24 Singapore bio-bunkers assessment reflecting a ratio of 76% fuel oil based on Platts benchmark Marine Fuel 0.5% Bunker Dlvd Spore $/mt assessment (MFSPD00) and 24% used cooking oil methyl ester based on the Platts UCOME FOB Straits $/mt assessment (UCFCB00). This calculated price assessment will continue to be published alongside the proposed new assessment and will be renamed “Platts B24 calculated bio-bunker Singapore.”

Related: Platts launches new blended bio-bunkers assessment in Singapore

 

Photo credit: Justin Lim on Unsplash
Published: 25 April 2024

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Alternative Fuels

Peninsula adds tanker “Aalborg” to supply bio bunker fuel in Port of Barcelona

Chemical tanker is capable of supplying B100, in contrast to traditional fuel barges that cannot exceed 25% bio component; also has ability to blend multiple bio feedstocks and traditional fuels on board.

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Peninsula adds tanker “Aalborg” to supply bio bunker fuel in Port of Barcelona

Marine fuel supplier Peninsula on Wednesday (24 April) announced the introduction of the Aalborg, an IMO II chemical tanker dedicated to sustainable fuel distribution in the Western Mediterranean. 

The Aalborg is capable of supplying 100% biofuels (B100), in contrast to traditional fuel barges that cannot exceed 25% bio component.  

The vessel supplies FAME (Fatty Acid Methyl Esters) produced from vegetable oils and allows for neutral emissions (depending on the origin of these vegetable oils) thereby reducing a receiving vessel’s carbon footprint. 

The Aalborg will play a pivotal role in the Port of Barcelona's ongoing commitment to promoting cleaner fuel initiatives across the region.

The vessel’s ability to blend multiple bio feedstocks and traditional fuels on board, together with a certificate detailing the bio component percentage, allows ship owners to comply with impending Fuel EU Maritime regulation using the same engine.

“The importance of having a biofuel supply vessel permitted to supply up to 100% bio component, will provide Port of Barcelona users with a solution to decarbonise their activity and to fully comply with EU regulations,” explained Lluís Salvadó, president of the Port of Barcelona.

“The Port of Barcelona, as part of its Energy Transition Plan, is committed to transition and alternative fuels such as LNG, green methanol or green ammonia, as well as biofuels, which will help to reduce the maritime sector’s carbon footprint.”

Alejandro Morales Moreno, Supply Manager at Peninsula, emphasised the collaborative efforts between Peninsula and the Port of Barcelona, highlighting a shared vision for emissions reduction.

"The addition of the Aalborg creates a meaningful, new decarbonisation solution for our customers and we’re grateful to the Port Authority for facilitating its deployment in Barcelona,” he said.

 

Photo credit: Peninsula
Published: 25 April 2024

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