Minerva and rise-x.io partner to create bunker management spin-off

Minerva Bunkering has announced a partnership with rise-x.io to establish a new spin off digital business, combining Minerva’s Advanced Delivery Platform (ADP) and rise-x.io’s blockchain-based DIANA Ecosystem Operating Platform (EOP) to create an end-to-end bunker management service.

The new ADP Clear company will be based in Singapore, offering an integrated package comprised of hardware and software designed and developed by Minerva and its technology partner Curl Tech.

The service will provide visibility into real-time details of bunkering operations, including quality of fuel delivered, operational timelines, and quantity received as per mass flow meter profiles. It will also allow workflows to be coordinated, with fuel purchasing, delivery and settlement linked to provide end-to-end transparency of the entire bunker process.

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

rise-x.io is the company behind QuayChain, an open access market facing platform established in 2018 to facilitate the online sale, purchase, delivery and settlement of marine fuel.

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Rob O'Dwyer

Rob is Chief Network Officer and one of the founders of Smart Maritime Network. He also serves as Chairman of the Smart Maritime Council. Rob has worked in the maritime technology sector since 2005, managing editorial for a range of leading publications in the transport and logistics sector. Get in touch by email by clicking here, or on LinkedIn by clicking here.

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