Technology business ZeroNorth revealed that it has actually obtained BTS PTE Ltd., a software program system for aquatic gas distributors, headquartered in Singapore.
The offer will certainly see ZeroNorth obtain BTS’s front runner collection of solutions – iBMS (Intelligent Bunker Management System), which aids aquatic gas distributors, investors and also brokers digitalize their service procedures via getting rid of ineffective jobs, automating job procedures, better sharing of info and also boosting choice production.
iBMS was just one of the very first tasks sustained by the Maritime and also Port Authority of Singapore (MPA) under the Maritime Innovation and also Technology Fund in the very early 2000s. BTS is additionally the leading business within a market consortium of 7 organisations that has actually been charged with creating mobile applications for bunkering paperwork and also process, as granted by the MPA’s electronic bunkering Call for Proposals in January 2022.
ZeroNorth stated it will certainly develop a totally cloud-based iBMS remedy and also at some point include the solution right into its unified system for optimizations throughout maritime procedures.
Kenneth Juhls, Managing Director of ZeroNorth Bunker, stated, “The marine fuel industry is taking center stage in shipping’s green transition. With the increasing pressure to digitalise and optimise your marine fuel supply chain, and the influx of alternative fuel options becoming available, equipping our customers with the ability to make better decisions in regards to procuring, storing and selling fuel is becoming a key priority for ZeroNorth.
“By acquiring BTS, we are taking the next step towards delivering an end-to-end marine fuel service that aligns all stakeholders across the same data through the ZeroNorth platform. Moreover, by building a bridge between stakeholders, we are increasing collaboration across the maritime value chain and accelerating our goal to drive decarbonisation alongside the wider industry.”
Dharma Sreenivas Reddy, Founder and also Managing Director of BTS, stated, “BTS is proud of the value we deliver to the marine fuel supply chain through our end-to-end solutions. This partnership with ZeroNorth will enable us to modernize our solutions to deliver greater user experience for our customers, and ultimately accelerate the digital transformation of the marine fuel industry.”
Dharma Sreenivas Reddy, Founder and also Managing Director of BTS
