Singapore-headquartered tanker operator Hafnia on Thursday (20 March) said it is set to launch FuelSure – a digital platform to combat ‘hidden costs’ in the global bunker supply, bringing greater transparency, accountability, and cost savings to the maritime bunker fuel market.

The platform has been developed in collaboration with Studio 30 50, a Venture Growth Team for maritime innovation.

Peter Martin Grünwaldt, VP Head of Bunkers at Hafnia, said: “Hidden costs in bunker supply have plagued the maritime world for decades, with unreliable fuel quality that can cause mechanical breakdowns or even vessel detentions and delivery discrepancies that can prove both costly and imply foul play somewhere in the delivery chain.”

“While bunkers themselves remain costly, these additional factors create significant losses on both a short-term and industry-wide scale. FuelSure addresses these issues head-on by centralising supplier reviews and performance metrics, empowering our crews and trading teams to make data-driven decisions that reduce risks and ultimately benefit the entire global supply chain.”

By integrating real-time vessel feedback, lab analyses, and financial loss data, FuelSure aims to quantify the “value of trust” for shipowners and traders navigating one of the shipping industry’s most opaque sectors – where quantity shortages alone can cost up to USD 5.2 billion annually.

FuelSure collects critical data points each time a vessel takes on fuel, such as barge condition, delivery accuracy, and overall supplier performance—and blends them with lab-verified chemical analyses of the fuel itself. The platform also tracks the downstream financial impact of bad bunkers, from engine damage to operational delays, to provide a comprehensive performance score for every supplier.

FuelSure is currently in beta testing with a select group of industry experts. The platform is set to debut at Singapore Maritime Week on 24 March, where the team will demonstrate its features and gather additional feedback before its wider release.

Hafnia and Studio 30 50 believe this early engagement will ensure the solution meets the rigorous demands of global shipping and paves the way for broader industry adoption. FuelSure’s go-to-market will involve strategic pilots with select fleets, partnerships with testing labs and classification societies, and phased rollouts in major global ports. This is set to lay the groundwork for a more transparent and efficient bunkering ecosystem worldwide.

Shanker Pillai, Head of Studio 30 50, said: “Through our collaboration with Hafnia, we discovered that industry players often have no clear way to evaluate the long-term cost of subpar bunkering. With FuelSure, we are not only shining a light on hidden costs; but also driving a culture of accountability and transparency that could reshape the maritime sector’s approach to fuel procurement.”

Studio 30 50 was launched by Hafnia in collaboration with Hafnia, Microsoft, DNV, IMC Ventures and Wilhelmsen in 2023. The studio’s objective is to identify new solutions which can address a broad range of ESG topics concerning the maritime industry, while also funding innovative proposals (built by startups) which seek to improve efficiencies across the whole maritime supply chain.

Photo credit: Hafnia
Published: 21 March, 2025

Ofiniti, a provider of digital solutions for maritime bunker operations, on Tuesday (11 March) said it has acquired 100% of Angsana, with the entire Angsana team joining Ofiniti as part of the acquisition. 

This move reinforces Ofiniti’s commitment to enhancing digital solutions for maritime fuel operations, focusing on serving existing customers and delivering the best solution for Singapore. 

“By integrating Angsana expertise, Ofiniti further strengthens its position as the leading provider of Digital Delivery solutions for maritime operations while ensuring extended 24/7 and global support for Angsana’s customers,” Ofiniti said in a statement. 

“With maritime fuel operations under increasing pressure to digitise, comply with new regulations, and reduce inefficiencies, this strategic acquisition positions Ofiniti as the driving force in transforming bunker delivery with e-BDNs and real-time analytics.”

Singapore’s recent mandate for digital bunkering solutions makes this deal especially timely, setting a precedent for the global industry.

Why Now?

With Singapore set to mandate digital bunkering by 1 April 2025, this acquisition is pivotal. Ofiniti and Angsana are uniquely positioned to support bunker suppliers and vessel operators in complying with new regulations while optimising operational efficiency. 

As digitalisation and sustainability reshape the industry, Ofiniti is taking charge of building a smarter and more transparent maritime fuel ecosystem.

Ofiniti was spun out of DNV in September 2024 after securing outside investment from Singapore-based ShipsFocus and a Nordic Family Fund, with DNV remaining the largest shareholder. Angsana, founded in 2021, was a pioneer in the Digital Bunkering initiative and among the first e-BDN providers to be added to the Singapore Maritime and Port Authority (MPA) whitelist.

With this acquisition, Ofiniti will enhance operational efficiency, transparency, and compliance for maritime bunker operations. The integration combines Ofiniti’s FuelBoss platform, which incorporates Digital Delivery and Live Delivery Insights, with Angsana’s BunkerFlow and DocuFlow solutions, creating a seamless and robust digital ecosystem for bunker suppliers, vessel operators, and port authorities.

“This acquisition accelerates our mission to digitise maritime fuel operations, driving efficiency and compliance at an unprecedented scale. With Singapore at the forefront of digital bunkering, we are poised to redefine how the global industry operates,” said Tue Nielsen, CEO of Ofiniti. 

“I’m humbled to welcome See Lin Ang and the rest of the Angsana team onboard. With Singapore as a key market, this move strengthens our leadership in Digital Delivery while laying the groundwork for global expansion.”

See Lin Ang, Founder of Angsana and now Vice President of Technical Sales at Ofiniti, added: “This marks an exciting new chapter for Angsana. By integrating our expertise with Ofiniti’s strong industry presence, we can better serve our customers and improve digital solutions for bunker operations worldwide.”

Commitment to Innovation & Growth

Ofiniti’s acquisition of Angsana is more than just a business deal - it’s a commitment to revolutionising maritime fuel operations. Our combined expertise will drive seamless, transparent, and efficient bunker transactions, benefiting suppliers, vessel operators, and port authorities worldwide.

“Ofiniti will continue to support Angsana’s existing customers and maintain its BunkerFlow product under its current framework until further updates,” it added. 

To strengthen its presence in Singapore, Ofiniti will invest further in technology, customer support, and innovation, expanding its workforce in the near term. By refining and optimising solutions in the world’s leading bunker hub, this acquisition will serve as a launchpad for Ofiniti’s global growth strategy.

Related: Singapore: FuelBoss by Ofiniti becomes sixth whitelisted e-BDN solution
Related: ONE completes e-BDN adoption trial with Shell in Port of Singapore
Related: Singapore set to become first port in the world to debut electronic bunker delivery notes

Photo credit: Ofiniti
Published: 11 March, 2025

Voyage optimisation and weather intelligence solutions provider StormGeo on Thursday (6 March) shared how it is supporting Hapag-Lloyd’s sustainability journey with its s-Log and s-Insight digital solutions to comply with the new FuelEU Maritime regulation.

The following is an excerpt of the article: 

As the shipping industry continues its journey towards a decarbonized future with the new FuelEU Maritime regulation, Hapag-Lloyd relies on StormGeo’s future-proof digital solutions and services to stay compliant and achieve its long-term sustainability goals.

Operating around 300 container ships with a total transport capacity of more than 2.3 million TEU, Hapag-Lloyd is one of the world’s most prominent and leading liner shipping companies – and the largest fleet sailing under the German flag.

In addition to being one of the largest in the industry, Hapag-Lloyd is also one of the greenest. The company was the first to ever convert a large container ship to dual-fuel propulsion capable of using LNG and by end of 2025 will have a fleet of 13 LNG dual-fuel vessels in operation, thereby reducing CO2 emissions significantly. Furthermore, up to 50 of their ships already run on biofuels, such as bio-LNG and FAME, capable of reducing greenhouse gas emissions by up to 80% compared to conventional fuels.

Navigating FuelEU Maritime Compliance

With these sustainability initiatives, Hapag-Lloyd has taken crucial steps toward compliance with the FuelEU Maritime regulation that came into effect on January 1st, 2025. This EU-driven initiative dictates that shipping companies must decarbonize their operations by reducing the GHG intensity of their vessels and increasing the use of sustainable fuels, such as biofuels, green methanol, ammonia and others.

To become fully compliant, Hapag-Lloyd demands a robust biofuel-compliant reporting system that can efficiently align biofuel consumption data with the specific demands outlined in the new regulation.

With these 300 vessels requiring proper data reporting, validation, and verification by their emission verifier DNV, Hapag-Lloyd relies on StormGeo’s s-Log and s-Insight solutions to accurately monitor, report, and validate GHG intensity for FuelEU Maritime compliance and all other GHG emission reduction schemes (EU ETS, CII, MRV, IMO DCS, CCWG, and ESI).

“It’s crucial for us to work with partners like StormGeo, who share our commitment to drive the shipping industry toward a more sustainable future,” says Heribert Riesenhuber, Director Fleet Energy Management at Hapag-Lloyd Hamburg Head Office. “Our decade-long partnership has yielded great solutions for environmental compliance that have benefited not only us but the industry at large, and we’re excited to continue our work with StormGeo to advance our decarbonization goals and tackle new reporting requirements, such as FuelEU Maritime.”

The Role of Digital Tools in Shipping Decarbonization

Hapag-Lloyd leverages a comprehensive solution for the entire FuelEU Maritime compliance process, enabled by StormGeo’s ship-to-shore data reporting system s-Log to easily accommodate biofuel reporting in anticipation of the new regulation – in addition to the data validation system s-Insight and direct access to regulatory and industry experts.

With these solutions, Hapag-Lloyd can accurately calculate the GHG intensity of biofuels used across its fleet according to the specific requirements of the FuelEU Maritime regulation.

The data reporting system collects all fuel consumption data, including biofuels, and runs strict validation rules to identify and flag any reporting errors, improve data quality, and increase accuracy. The validated consumption data is then calculated into GHG intensity data, which can automatically be shared with all major emission verifiers globally, including DNV, through APIs.

Through its Hamburg-based Fleet Performance Center, StormGeo’s experts are available to support Hapag-Lloyd throughout the entire process, including proactive discussions with verifiers.

“Our collaboration with Hapag-Lloyd is an example of the power of partnerships in the decarbonization of the shipping industry,” says Till Braun, Strategic Account Manager and Sales Director at StormGeo. “Sustainable maritime operations require close collaboration between different industry players, and we’re excited to work with and learn from Hapag-Lloyd and their partners to simplify compliance and enable proactive sustainable strategies for the benefit of the industry as a whole.”

Note: The full story on how StormGeo is supporting Hapag-Lloyd’s sustainability journey can be found here.

Photo credit: Hapag-Lloyd
Published: 7 March, 2025