Singapore’s DBS and partners have concluded the country’s first live bunker delivery financing pilot transaction.
The pilot transaction was completed in collaboration with TFG Marine, Ocean Network Express (ONE) and Ascenz, with support from the Maritime and Port Authority of Singapore (MPA).
As part of the project, ONE and Ascenz offered the underlying technology for the digitalisation of the bunker delivery note (BDN).
A BDN is used as the primary method in bunker trade. It records the quantity...
https://www.ship-technology.com/news/dbs-digital-bunker-financing-pilot/