Modernizing Marine Fuel Delivery Transparency, Digitalization, Decarbonization

TFG Marine (“TFG”), the global marine fuel supply and procurement joint venture company created by Trafigura and shipping firms Frontline and Golden Ocean, has sponsored the publication of a white paper on modernising marine fuel delivery, endorsed by key stakeholders in the bunker supply chain.

The white paper argues that the global adoption of calibrated mass flow meters (MFMs) will bring much-needed transparency to bunkering by generating accurate, real-time data for all stakeholders along the marine fuel supply chain. It describes the problems for the industry caused by inaccurate quantity measurement and sets out a number of remedial actions. It recognises the success of Singapore’s MFM based bunker licensing system and proposes this as a template for regulators in other regions across the world. In conclusion, it calls on all supply chain participants to actively support MFM-based deliveries, promote transparency and encourage digitalisation in the long-term interests of the bunker industry and to help further the decarbonisation goals of the shipping industry.

The white paper was written by marine fuel supply industry expert Adrian Tolson. Its conclusions and recommendations are endorsed by key stakeholders in the bunker supply chain.