DBS Partners Maritime Players And MPA To Complete Singapore’s First Live Bunker Delivery Financing Pilot

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To up the ante on the digitalisation of Singapore’s bunkering sector, DBS, in partnership with Trafigura Group’s marine fuels supply and procurement joint venture TFG Marine, leading maritime players Ocean Network Express (ONE) and Ascenz1, and supported by the Maritime and Port Authority of Singapore (MPA), have successfully completed Singapore’s first live bunker delivery financing pilot transaction. The transaction was done by way of an electronic bunker delivery note2 (BDN).

Singapore is the...

https://www.marineinsight.com/shipping-news/dbs-partners-maritime-players-and-mpa-to-complete-singapores-first-live-bunker-delivery-financing-pilot/

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