Digital bunker notes coming to Singapore’s marine industry
The digitalisation of marine fuel processes in Singapore aims to save 40,000 man-days annually.
Singapore is set to mandate digital bunkering services for marine fuel suppliers from April 2025. The move, announced by senior minister of state for transport Amy Khor at SIBCON 2024, will require suppliers to issue electronic bunker delivery notes.
New measure like this one is expected to enhance efficiency and transparency in ship refuelling processes by improving data-sharing between buyers and sellers. The streamlined system could save the industry around 40,000 man-days per year, while also helping to minimise fraud.
Singapore has been testing digital bunkering with several marine fuel suppliers since November 2023. Following the successful trials, the Maritime and Port Authority confirmed that Singapore will be the first port globally to adopt digital bunkering on such a scale.
The digitalisation of the bunkering process reinforces Singapore’s position as the world’s leading bunker hub, setting new standards for the maritime industry.
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