PIL completes first digital marine fuels deal outside Singapore


Pacific International Lines (PIL), KPI OceanConnect, and Bunker One have announced the completion of their first live electronic marine fuel inventory statement for an overseas delivery through the Singapore Trade Data Exchange (SGTraDex).

PIL’s Singapore-flagged container vessel, KOTA RAKAN, was bunkered with Very Low Sulphur Fuel Oil (VLSFO) by Bunker One at the Port of Lome in Togo, Africa, on 7 February.

KPI OceanConnect is a global marine energy solutions provider and trader.

Bunker One is a physical marine fuel supplier.

The bunker delivery note (BDN), bunkering sale invoice, and fuel delivery were submitted and exchanged on the same day through the SGTraDex.

Goh Chung Hun, Head of Fleet at PIL said: “Our participation in SGTraDex stems from our belief in the importance of leveraging digitalisation to build an efficient, reliable and secure supply chain.

“We also strongly endorse the drive for transparency in marine fuels transactions, to enable shipping lines like PIL to have safe and sustainable vessel operations.”

KPI OceanConnect has adopted SGTraDex to improve transparency in the marine fuels industry and to streamline invoicing and reduce manual processing time.

According to PIL, SGTraDex also serves as a secured channel for the transfer of various trade documents, including bills of lading, certificates of quality, and letters of credit.

READ: PIL resumes call to Zanzibar

Launched in June 2022 as a public-private partnership, SGTraDex is a common data infrastructure that facilitates the sharing of data between supply chain ecosystem partners, streamlining information flows through a common data highway where data can be shared.

Antoine Cadoux, CEO SGTraDex Services, said: “By leveraging on our common data infrastructure, parties involved in the transaction were able to streamline their document exchange processes with increased transparency and enhanced efficiency.”

This announcement comes less than a month after PIL partnered with Lloyd’s Register’s fleet optimisation experts i4 Insight to reduce emissions and maximise fleet performance.

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