Vitol Bunkers and its logistics arm, V-bunkers have teamed up with Denmark-based tech company ZeroNorth to enhance the efficiency of the bunkering process in Singapore through digitalization.
Vitol Bunkers, based in Singapore, will be among the first suppliers to embrace the use of an electronic bunker delivery note (eBDN), 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 delivered over 7 million tons of bunker fuels in 2023, 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.
“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,” Rishab Bahl , Managing Director at V-Bunkers, 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,” Kenneth Juhls , Managing Director for ZeroNorth Bunker added.
ZeroNorth has recently reached a deal with Belgian shipping company Euronav to acquire and manage the tanker major’s Fleet Automatic Statistics and Tracking (FAST) platform. As part of the deal, Euronav will become a customer of ZeroNorth’s full platform offering.