15+15 webinar: Getting what you pay for – a novel concept in bunkering?
27 March 2024Early in 2024 Adrian Tolson published a White Paper arguing for the global adoption of calibrated mass flow meters (MFMs) in the bunkering industry. He argued that this progress will bring much-needed transparency to bunkering by generating accurate, real-time data for all stakeholders along the marine fuel supply chain. Describing the problems for the industry caused by inaccurate quantity measurement he sets out a number of remedial actions. The paper recognizes the success of Singapore’s MFM based bunker licensing system and proposes this as a template for regulators in other regions across the world. It calls on all supply chain participants to actively support MFM-based deliveries, promote transparency and encourage digitalization in the long-term interests of the bunker industry and to help further the decarbonization goals of the shipping industry. This 15+15 will explore these ideas and assess if there is a chance for real progress.
