Page 42: of Maritime Logistics Professional Magazine (Nov/Dec 2019)

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MARINE FUELS …by combining physical and digital information, it’s possible to create a two-layer system, where the physical and digital streams of information reinforce one another.” work with port authorities to start creating automatic reporting

Available Now using our application.

BunkerTrace successfully completed our frst pilot in Septem-

The marine fuels supply chain needs multiple parties to collab- ber, which was conducted in partnership with Cooperative Bebe- orate to ensure post-2020 fuels are safe and reliable. In doing so, ka. The Boskalis-owned dredger Prins der Nederlanden was bun- kered with 900 cubic meters (CBM) of DMA 0.1% sulphur ISO technology gives the vessel owner far better control of its supply 8217:2010 compliant fuel, supplied by Minerva with a unique chain. Although this is not the one-stop solution for compliance tracer added. Following this, the crew successfully detected this and traceability, BunkerTrace does provide the basis for systems that give owners, charterers, credit providers and fnanciers more mark with an on-board analysis case that took less than a minute, confdence in the fuels they buy, insurers a better picture of the with the result of the test logged in a blockchain-based transac- tion record. A tracer was then added to the fuel as it was loaded risks they must manage, operators more assurance in the fuels onto a Minerva bunker barge through a dosing pump on the fuel they combust, and enforcers better tools to use to effectively regu- line. Bureau Veritas verifed that the fuel line and receiving cargo late the fuels market. tanks were empty.

To tag the fuels, BunkerTrace uses “oligonucleotides” (short

Stuart Hall

The Authors single strands of synthetic DNA) to provide a virtually unlimited is the Technical Sales Director at BunkerTrace. Stuart has an engineering number of unique, secure codes (fngerprints), which are encoded background with extensive hands-on experience of capital plant, fuid handling and consumables in numerous industries. This involved the introduction of new with the information on quality and origin of fuels from the Bun- technology, training, management of change and improvement in proftability kerTrace solution. The prototype for BunkerTrace was developed with achievements in team building.

by the Maritime Blockchain Labs (MBL) consortium, funded by the Lloyd’s Register Foundation. Marc Johnson

Having carried out the pilot in Belgium and the Netherlands, is CEO at BunkerTrace. Marc brings his extensive experience in product development, implementation, and management from previous roles in the we commercially launched BunkerTrace at Aracon to indicate energy and fnance industries. For BunkerTrace, he leads the development our readiness for IMO 2020. We’re ready to receive requests for and execution of long-term strategies, which includes overseeing the technical commercial partnerships and adoption by bunker suppliers, ves- tracks of integrating our solutions, business models, and scaling processes. sel and barge operators, as well as surveyors. We also intend to

Marc holds an MSc in Sustainability Management from Columbia University.

42 Maritime Logistics Professional November/December 2019 | |