• Long-term contract with Hafnia commences with ADP service now available for all customers
• Emerson published white paper details the data integrity and innovative solution set of the ADP
• Continued rollout of ADP service to additional ports across the Minerva network

25 February 2021

GENEVA: Minerva Bunkering is pleased to announce the commercial launch of the Advanced Delivery Platform (ADP) service in the ARA, Fujairah and Singapore markets. Hafnia, one of the world’s leading tanker owners and operators, has now commenced a long-term supply contract for deliveries conducted utilizing the ADP.

The ADP is available to all customers and offers ship operators complete transparency over the quality and quantity of fuel they purchase combined with the efficiency and significant time savings of a fully digital bunkering process. The integrated hardware and software solution facilitates seamless operations onboard and provides insight into all attributes of the bunkering transaction, viewable in real-time and from anywhere via the ADP Online customer portal.

“Without transparency, bunker buyers are forced to rely on price as an often flawed proxy for value. The ADP provides the complete transparency that is necessary for customers to discern and achieve the best overall value for their bunkering spend,” said Minerva CEO, Tyler Baron.

Minerva anticipates the continued expansion of ADP service availability across its physical supply network, including to a location in which the ADP will be a port-wide standard.

“The progression of the ADP from a successful proof-of-concept to a commercial service with productionized hardware and software in less than three months’ time has been exciting to see. We are very happy to now be able to demonstrate to our clients the cost savings and enhanced value with which the ADP can provide them,” said Alistair Cross, Chief Operations Officer for Mercuria.

About Minerva Bunkering

Minerva Bunkering is an international marine fuel logistics company that markets and physically supplies fuel and lubricants to ships in port and at sea. The company procures product in bulk from diverse sources and delivers to over 600 customers across all major commercial shipping sectors including container ships, dry bulk carriers, cruise ships, tankers, and ferries.

Minerva Bunkering is a 100-percent-owned subsidiary of Mercuria Energy Group, one of the largest privately-held energy and commodities companies in the world. For additional information, please visit www.minervabunkering.com.

SINGAPORE – November 23 — Minerva Bunkering and Hafnia completed the first ever bunker delivery conducted entirely over Minerva’s new Advanced Delivery Platform (ADP). 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.

Onboard documentation is conducted entirely digitally on both supplying and receiving vessels via the networked application, resulting in hours of saved time and reduced human error from manual entries. Back-end integration with customer software systems is supported via API to enable streamlined invoicing and business intelligence.

Furthermore, the platform’s audit functionality provides complete transparency into every barrel of fuel loaded onto and discharged from the supply vessel utilized in each customer delivery.

“We are very excited to introduce the ADP as it offers customers an unprecedented degree of transparency and efficiency, and represents a solution to some of the most significant challenges shipowners face when buying bunker fuel,” said Minerva CEO Tyler Baron.

Minerva intends to launch commercial service of the ADP in early 2021 covering the ARA, Fujairah, and Singapore markets. Hafnia, one of the world’s leading tanker owners and operators, collaborated with Minerva on critical design elements of the ADP, and has entered into a supply agreement with Minerva pertaining to these ports.

“We have been vocal about wanting to see this sort of technology and process applied to other major ports in addition to Singapore. A supplier has stepped up to the task, and we are here to support it as promised. It is a big step towards more efficient operations for the industry-at-large, and will certainly be positive for vessel operations in these ports,” stated Peter Martin Grünwaldt, Hafnia’s Vice President of Bunker Procurement.

Emerson Automated Solutions also worked closely with Minerva on elements of the ADP’s passive design compatibility with mass flow meter equipment.

“The ADP is one of a kind innovative technology that harnesses the precision of Coriolis mass flow meter measurements to provide customers valuable insights into their bunker deliveries,” said Daniel Kemp, Business Development Manager with Emerson’s marine business.

About Minerva Bunkering

Minerva Bunkering is an international marine fuel logistics company that markets and physically supplies fuel and lubricants to ships in port and at sea. The company procures product in bulk from diverse sources and delivers to over 600 customers across all major commercial shipping sectors including container ships, dry bulk carriers, cruise ships, tankers, and ferries.

Minerva Bunkering is a 100-percent-owned subsidiary of Mercuria Energy Group, one of the largest privately-held energy and commodities companies in the world. For additional information, please visit www.minervabunkering.com.