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.
