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Claritecs showcases bunker and shipping IT solutions in debut at SIBCON

Offers free one-month trial of vessel Asset Management solutions, which prices Singapore’s bunker tanker fleet.

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Singapore-based independent maritime technology firm Claritecs Pte Ltd is showcasing several of its bunker and shipping sector solutions at the Singapore International Bunkering Conference and Exhibition (SIBCON).

The Claritecs Auto Scheduling system, mass flowmeter (MFM) Auto Profiling system, and vessel Asset Management solution are products developed to enhance operations of the Singapore bunkering industry, says Claritecs CEO Wong Hong Lee.

“Claritecs was founded by maritime veterans who are passionate about addressing work inefficiencies with technology. We recognise that there are many homegrown small and medium-sized enterprises in the maritime industry who are keen in enhancing their operations by adopting digitisation and data analytics, but have difficulties in setting aside resources to drive the process or unable to gain access to the right expertise who understands their niche business. This is Claritecs’ forte,” says Wong, who is also the Managing Director of Sovereign Shipping Global Pte Ltd.

The Claritecs Auto Scheduling system to optimise bunker operations is a top 18 finalist project at the 2018 Smart Port Challenge organised by PIER71 – an innovation ecosystem for the maritime industry founded by the Maritime and Port Authority of Singapore and NUS Enterprise.  This acceleration programme encourages the maritime industry to venture into new growth areas through collaboration with technology start-ups.

Wong shared that the Auto Scheduling system is able to reduce manual and repetitive work of bunker suppliers by digitalising bunker tanker scheduling.  

It further applies data analytics and machine learning of the bunker suppliers’ fleet, taking into consideration its tank size, type of fuel and quantity carried, to take on additional jobs for maximised fleet utilisation.

“It is about time the bunkering industry progress from using excel worksheets as their scheduling platform, and move to using technology to reduce manual work and increase productivity,” states Wong.

Furthermore, other stakeholders within the bunker supply chain – such as shipping agents of the receiving vessels and oil terminals – will gain oversight of operational schedules affecting their areas of business.

The Claritecs Auto Profiling system for MFMs is an automated tool aimed at supporting users with an analysis of their bunker meter profiles to obtain insights into their bunker operations. It is able to decipher thousands of data points into a concise report which detects abnormalities for further investigation.

“Algorithm driven analysis founded on MFM expertise forms the basis of Claritecs’ Auto Profiling System.  Currently, the manual analysis of MFM raw data and writing of the report would take a few days. Our automated 3 stage analysis provides this in just a minutes on an intuitive dashboard and is easy to use,” notes Wong.

Thirdly, the Claritecs Asset Management solution is a no-frills valuation of 45,000 international vessels, mainly tankers and bulkers, through three levels namely: Historical transactions (level 1); Opinion based (level 2); and Discounted cashflow variables (level 3).

More interestingly, it is backed by a newly developed plug-in which is able to determine the value of each bunker tanker in the Singapore fleet. Manifold Times understands Singapore-registered bunker tankers undergo a different pricing structure from regular oil tankers due to their unique configuration.

“Having one of the largest bunker tanker fleets in the world, Singapore’s bunker tanker valuations are often used as a gauge, to provide an indicative value in the global ship Sale and Purchase market. As this is a very niche sector, accurate valuations are hard to come by but Claritecs has the expertise to formulate such valuations. We trust that users would find this information very useful,” says Wong.

Note: The Claritecs Asset Management solution is available for a one-month free trial period upon enquiry at the Claritecs booth (no.46) at SIBCON.
 

Photo credit: Claritecs
Published: 1 October, 2018

 

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GCMD: Project CAPTURED achieves two regulatory milestones for onboard captured CO2

CO2 captured onboard during the project has been formally recognised for compliance under the EU ETS while a proposal submitted to MEPC 84, based on the project, has received IMO’s in-principle support.

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Global Centre for Maritime Decarbonisation (GCMD) on Wednesday (21 July) said Project CAPTURED has achieved two regulatory milestones that strengthen the commercial case for onboard carbon capture and storage (OCCS).

This comes following its world’s first demonstration of an end-to-end value chain for onboard captured and liquefied CO2 (LCO2).

Completed in June 2025, the pilot showed that CO2 captured onboard a vessel can be offloaded ship-to-ship, transported overland and permanently bound through carbon mineralisation—a process that converts captured CO₂ into stable materials for industrial use.

The CO2 captured onboard during Project CAPTURED has been formally recognised for compliance under the European Union Emissions Trading System (EU ETS). This means the verified tonnage of captured CO2 can be deducted from emissions requiring the surrender of EU Allowances (EUAs).

To qualify for this recognition, the CO2 must be chemically bound permanently in eligible products. Project CAPTURED demonstrated that CO2 captured onboard vessels can meet this requirement through carbon mineralisation.

The data and learnings from the same demonstration formed the basis of a proposal submitted to MEPC 84. This proposal received in-principle support from the International Maritime Organization (IMO) for recognising carbon mineralisation as a form of permanent CO₂ storage.

Complementing geological sequestration, which is already accepted by the IMO, this recognition broadens the downstream options for CO2 captured onboard vessels, and supports the development of maritime carbon value chains. Beyond providing a permanent storage pathway, carbon mineralisation also creates the potential for captured CO2 to serve not only as a waste stream requiring permanent storage, but also as a feedstock for industrial applications through carbon mineralisation, extending emissions reductions beyond the shipping value chain.

Professor Lynn Loo, CEO, GCMD, said, “Project CAPTURED has moved OCCS beyond technical demonstration. The acceptance of the EU ETS deduction gives captured CO₂ a compliance value. At the same time, IMO’s in-principle support for carbon mineralisation will help clarify how captured CO2 can be treated after it leaves the vessel. Together, these milestones turn a pilot into a verified reference case for maritime carbon logistics, one that links regulatory recognition, commercial value and emissions impact.”

 

Photo credit: Venti Views on Unsplash
Published: 22 July, 2026

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Technology

Singapore: Ofiniti, ONE trial direct platform integration to streamline bunker workflows

Ofiniti started a trial in Singapore, integrating FuelBoss directly with a bunker buyer’s own platform, with Ocean Network Express as its first buyer-side integration partner.

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Singapore: Ofiniti, ONE trial direct platform integration to streamline bunker workflows

Ofiniti, the digital platform for maritime fuel operations, on Tuesday (21 July) said it has started a trial in Singapore, integrating FuelBoss directly with a bunker buyer’s own platform.

The company announced Singapore-headquartered container shipping firm Ocean Network Express (ONE) as its first buyer-side integration partner. 

“It is no coincidence we start in Singapore, as the Maritime and Port Authority of Singapore (MPA) remains at the forefront of digitalisation of all things bunkering,” the company said in a social media post.

In November 2023, MPA launched its digital bunkering platform, becoming the world’s first port to implement e-BDN. 

Ofiniti said every bunker delivery still runs on retyped data. 

“The buyer’s system says one thing, the supplier says another, and someone reconciles the gap by email, phone, or PDF. On every stem,” the company said. 

“We built FuelBoss to change this reality.”

With the integration, operational data now flows without manual re-entry, fewer reconciliation errors and faster processing and data, instead of documents, are readily available for procurement and claims workflows. 

“One connection will not transform the industry on its own, but digitalisation gets built one integration at a time. We are grateful to ONE for being willing to go first,” Ofiniti added.

Manifold Times previously reported ONE completing its successful trial of the electronic Bunker Delivery Note (e-BDN) with Shell. 

The e-BDN trial, using the digital bunkering solution developed by Angsana Technology, was conducted on 9 September 2023 at the Port of Singapore, with support from the MPA.

In March 2025, Ofiniti acquired Singapore-based Angsana Technology, with the entire Angsana team joining Ofiniti as part of the acquisition.

Related: MPA Chief Executive: Port of Singapore begins digital bunkering initiative today
Related: Singapore set to become first port in the world to debut electronic bunker delivery notes
Related: ONE completes e-BDN adoption trial with Shell in Port of Singapore
Related: Ofiniti acquires Singapore-based Angsana Technology to advance digital bunkering solutions

 

Photo credit: Ofiniti
Published: 22 July, 2026

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Technology

Genevos and Koedood Marine Group team up on maritime hydrogen fuel cell deployment

Collaboration will explore how ready-to-use marine fuel cell systems can support shipowners and shipyards in the transition towards zero-emission operations.

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Genevos and Koedood Marine Group team up on maritime hydrogen fuel cell deployment

Marine fuel cell systems provider Genevos recently said the company signed a Letter of Intent (LOI) with engine supplier Koedood Marine Group to explore the deployment of hydrogen fuel cell systems for inland and coastal maritime transport. 

The LOI was signed by Phil Sharp, co-founder and CTO of Genevos, and Mühlheim, Business Development Director of Koedood Marine Group during the 2026 Advanced Maritime Technology Show in Amsterdam.

Building on Koedood’s proven experience in hydrogen maritime projects – including its ongoing work with Mitsubishi Heavy Industries and TNO on hydrogen engine development – the collaboration will explore how ready-to-use marine fuel cell systems can support shipowners and shipyards in the transition towards zero-emission operations. 

“Koedood has a strong reputation in the maritime sector and a deep understanding of vessel operators’ needs. This LOI is an important step in exploring how Genevos’ hydrogen fuel cell systems can be deployed more widely across inland and maritime applications, helping shipowners reduce onboard emissions with robust, practical and scalable clean power solutions,” said Sharp.

The collaboration aligns with growing market demand for rapidly deployable hydrogen solutions and the wider need to accelerate the adoption of zero-emission technologies across the maritime sector. 

“With this collaboration, we are further strengthening our portfolio of maritime energy solutions. Together with Genevos, we are exploring how we can support our customers in the adoption of hydrogen technology,” said Mühlheim.

 

Photo credit: Genevos
Published: 20 July, 2026

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