Singapore’s First Digital Bunker Delivery Note Success

o make progress in the digitalisation of Singapore’s bunkering sector, DBS, in partnership with Trafigura Group’s joint venture TFG Marine, Ocean Network Express (ONE) and Ascenz1, has successfully completed Singapore’s first live bunker delivery financing pilot transaction. It was done by an electronic bunker delivery note2 (BDN) and the transaction was supported by the Maritime and Port Authority of Singapore (MPA)…