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Singapore Sets April 2025 Deadline for Mandatory Digital Bunker Notes
From April 2025, Singapore’s marine fuel suppliers must issue digital bunkering notes. Singapore leads in bunkering, enhancing transparency and accuracy with a centralized e-BDN verification system.
Digitalization Transforming Bunkering Operations
Starting April 2025, marine fuel suppliers in Singapore are set to embrace digitalization, with a new mandate requiring them to provide digital bunkering service notes and issue digital bunker notes. This move signifies a forward step in integrating technology into maritime operations, aiming to streamline efficiency and bolster accuracy in the industry. The shift to a digital format aligns with global trends in maritime logistics, focusing on enhancing transparency and operational standards.
Singapore’s Prominent Bunkering Role
As the world’s preeminent hub for bunkering, Singapore offers unparalleled access to key shipping lanes and boasts an advanced infrastructure that supports its bustling maritime trade, selling over 50 million metric tons of marine fuel annually. Known for its stringent regulations and high-quality standards, Singapore ensures that vessels receive efficient and reliable fueling services. The city’s commitment to embracing modern technologies further strengthens its standing as a leading player in global maritime commerce.
Boosting Transparency and Transaction Integrity
In a bid to enhance transparency and transaction integrity within bunkering operations, the Maritime and Port Authority of Singapore (MPA) is set to implement a centralized e-Bunker Delivery Note (e-BDN) verification facility. This novel system will allow stakeholders to meticulously cross-check received e-BDNs against information transmitted to the MPA. Ensuring greater accuracy and reliability in the bunkering processes, this initiative underscores Singapore’s commitment to maintaining robust standards in its critical maritime sector.
| This article was first published by ASEAN Briefing , which is produced by Dezan Shira & Associates. The firm assists foreign investors throughout Asia from offices across the world, including in in China, Hong Kong, Vietnam, Singapore, and India . Readers may write to [email protected] for more support. |
Read the original article : Singapore Sets April 2025 Deadline for Mandatory Digital Bunker Notes
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