ao link
Business Reporter
Business Reporter
Business Reporter
Search Business Report
My Account
Remember Login
My Account
Remember Login

Singapore to mandate digital bunker notes starting April 2025

Linked InTwitterFacebook

SINGAPORE (Reuters) - Marine fuel suppliers at Singapore, world’s largest bunker hub, will be required to provide digital bunkering services and issue electronic bunker delivery notes starting April 1, 2025, Amy Khor, Singapore’s senior minister of state for transport, said at the SIBCON 2024 conference. 

 

The move aims to streamline ship fuelling, or bunkering, processes by making data sharing between buyers and sellers more efficient and transparent, saving the industry close to 40,000 man-days per year and reducing the risk of fraud.  

 

The announced mandate followed pilot trials with various bunker suppliers since November 2023.  

 

Singapore will be the first port globally to implement digital bunkering at scale for all bunker operations, according to the Maritime and Port Authority of Singapore. 

 

(Reporting by Jeslyn Lerh; Editing by Christian Schmollinger)

Linked InTwitterFacebook
Business Reporter

Winston House, 3rd Floor, Units 306-309, 2-4 Dollis Park, London, N3 1HF

23-29 Hendon Lane, London, N3 1RT

020 8349 4363

© 2024, Lyonsdown Limited. Business Reporter® is a registered trademark of Lyonsdown Ltd. VAT registration number: 830519543

We use cookies so we can provide you with the best online experience. By continuing to browse this site you are agreeing to our use of cookies. Click on the banner to find out more.
Cookie Settings