• 2021 August 1 12:37

    Minerva Bunkering Partners with rise-x.io adding end to end workflow to the Advanced Delivery Platform (ADP)

    Minerva Bunkering announced a new partnership with rise-x.io to establish ADP Clear Pte. Ltd. in Singapore. The spin off digital business will combine Minerva’s Advanced Delivery Platform and rise-x.io’s proprietary DIANA Ecosystem Operating Platform (EOP) to enable end to end bunkering solutions in a digital ecosystem.

    The ADP is an innovative solution comprised of integrated hardware and software designed and developed by Minerva and its technology partner Curl Tech.

    Customers using the ADP benefit from visibility into all details of their bunkering operations including quality of fuel delivered, operational timelines, and quantity received as per mass flow meter profiles – all in real-time and viewed from anywhere via the customer portal.

    “Our partnership with rise-x.io allows us to extend the capabilities of ADP driving end to end digitalization and the resulting visibility and cost savings that reach from the front office to the to the back office and beyond,” said Minerva CEO Tyler Baron.

    rise-x.io is the company behind QuayChain Pte. Ltd., an open access market facing platform designed to facilitate the online sale, purchase, delivery and settlement of marine fuel. Established in 2018 QuayChain’s mission is to knit the industry together in a digital ecosystem for added transparency and efficiency across vessel owners and operators, fuel suppliers, terminal operators, regulators, port authorities, trade finance providers, insurance companies and other 3rd party service providers involved in the marine fuel industry.

    “With QuayChain Pte. Ltd. we tested early-stage concepts using our blockchain enabled DIANA platform to build out multi-party workflows for autonomous operations,” Explains Rowan Fenn, Co-founder and CEO rise-x.io.

    “We were looking for a forward-thinking partner, committed to bringing efficiency, trust and transparency to the global marine fuel market, and one who could bring scope and scale to the QuayChain concepts. In Tyler Baron and Minerva, we found that partner,” said Fenn.

    QuayChain and the ADP are directly complimentary and through ADP Clear Pte. Ltd. the two companies will integrate both solutions to create one seamless customer experience. The benefits of this new partnership include:

    Streamlined workflow from fuel purchasing, delivery, and settlement with end-to-end transparency from nomination through settlement;
    Simplified 1 click purchasing and contract nominations;
    Real time data analysis, compliance management and reporting to reduce regulatory risk and cost.

    About rise-x.io: rise-x.io is an intelligent technology company specializing in Ecosystem Operating Platforms (EOP) for the management of digital ecosystems to drive industry productivity and growth. DIANA, its core technology, is a cloud native, blockchain-based EOP that simplifies and automates multi-party workflows, aligning legal entities, physical assets, users, events and data across internal value chains and external supply chains to eliminate redundancy, waste and costs, reduce misalignment and risk, and to support new innovative business models. DIANA technology is legacy friendly connecting companies of all sizes to drive network resilience, flexibility and trust.




2021 September 27

14:48 DP World Stuttgart celebrates 25-year anniversary as business will invest €35m
14:33 Average spot market price for Russian M100 product rose to RUB 26,034 pmt as of September 24
14:12 Registration is underway for webinar on impressed-current protection against corrosion and corrosion monitoring of sea and harbor facilities
13:45 Gazprombank to finance creation of multifunctional cargo complex on Sakhalin
13:20 The Switch sweeps past milestone of 100 in-line PMM shaft generators sold
12:01 The fourth Russian supertrawler for the RFC was launched in St. Petersburg
11:26 Aqaba container Terminal invests in new customised machinery
10:56 DNV and Altera Infrastructure pilot new ABATE notation to reduce GHG emissions on offshore installations
09:54 MABUX: Upward evolution continues on Global Bunker Market on Sept 27
09:30 Crude oil prices continue rising
09:14 Baltic Dry Index as of September 24

2021 September 26

17:45 USCG, Japanese navy conduct exercise near Dutch Harbor
14:51 Hidden Gem’ arrives in Rotterdam to be transformed into nodule collection vessel for The Metals Company
13:21 LR projects win funding to accelerate research into maritime decarbonisation
12:28 ESVAGT takes delivery of third newbuilt SOV vessel
11:07 ABS Awards AIP to Ned Project’s wind turbine installation vessel design

2021 September 25

15:03 Rolls-Royce and Sanlorenzo add new dimension to partnership with mtu engines and integrated bridge solutions
13:27 JAX LNG and TOTE complete first renewable LNG bunkering in the United States
12:41 Babcock cuts steel for Royal Navy’s Type 31 frigate HMS VENTURER at Rosyth
11:37 Höegh LNG Partners LP announces a new long-term FSRU contract for the Höegh Gallant
10:52 MYCRANE set to launch in four more countries as franchisees are appointed

2021 September 24

18:16 ABS and HHI design optimized LNG carriers
17:59 Admiralteyskie Verfi shipyard launches the Kapitan Martynov freezer trawler
17:55 Italian terminal operator orders two Konecranes Gottwald Mobile Harbor Cranes
16:12 Three Finnish icebreakers return to service after being repaired at Turku Repair Yard
15:03 Maersk invests in electrofuels startup company
14:40 International conference “Inland waterways: strategic potential for growth” focused on INFUTURE project was held on September 20
14:13 Dredge spoil disposal system planned for fairway deepening project
13:57 LAS Vice Admiral Kulakov went to the Atlantic
13:33 Wärtsilä ensures optimal performance and minimal carbon footprint for world’s most environmentally friendly ferry
13:09 Wan Hai Lines holds online ship naming ceremony for new vessels
12:38 Sredne-Nevsky Shipyard launched unmanned research ship Pioner-M
12:10 Record mid-year cargo volumes through the Port of Vancouver in 2021
11:46 SCF Group wins sci-tech award for development in Arctic exploration
11:02 Rolls-Royce and Overmarine continue cooperation with future-oriented mtu technologies
10:07 Tallink Grupp secures another short-term charter deal for vessel Silja Europa
09:59 MPA, SSA and GCNS sign MoU to raise carbon accounting capabilities amongst maritime companies in Singapore
09:41 MABUX: Global Bunker Market may continue firm upward trend on Sept 24
09:24 Crude oil prices continue increasing
09:09 Baltic Dry Index as of September 23

2021 September 23

18:05 Maersk calls Jafza home for its first Warehousing & Distribution facility in the UAE
17:25 GTT and Deltamarin receive AiP from American Bureau of Shipping for their new design applied for LNG fueled tanker
17:05 LR grows fleet optimisation offering with GreenSteam acquisition
16:25 The Port of Rotterdam Authority helps German DeltaPort to be a regional hydrogen hub
16:15 Panama Canal joins to the Call to Action for Shipping Decarbonization
15:39 Dry cargo vessel of RSD59 design, Alexander Ivanov, leaves for sea trials
15:21 ABS grants AIP for next generation liquified CO2 carrier JDP designs
15:05 Synergy Group to take over Maersk Tankers’ technical management business
14:37 DNV and LISCR award AiP to HHI for 40,000 CBM liquefied CO2 carrier design
14:17 Kaliningrad region and FESCO to cooperate in the field of logistics
13:48 Damen can build icebreaking ships for Russia’s Arctic projects within short timeframes
13:25 Sweden’s largest port solar cell system inaugurated at Stockholm Norvik Port
13:15 MABUX: Bunker Weekly Outlook, Week 38, 2021
12:56 Keel-laying of Damen tug series for Atomflot held in Saint-Petersburg
12:51 MSC invests in new efficiency solution to reduce emissions from fleet
11:00 13th Annual Capital Link Shipping & Marine Services Forum took place with great success on September 13, 2021
11:00 Rolls-Royce and Sea Machines sign partnership to cooperate on smart ship and autonomous ship control solutions
10:34 APM Terminals partners with Siemens for energy optimisation and emission reduction at terminals
09:58 Torqeedo and Fassmer Shipyard announce the CIT-E Ferry - a passenger ferry for public transport
09:46 MABUX: Global Bunker Market may demonstrate firm upward evolution on Sept 23