Maritime technology company Ofiniti has agreed to acquire ZeroNorth’s electronic bunker delivery note business, including Singapore-based BTS Pte. Ltd., as it expands its digital bunkering platform in the world’s largest marine-fuel hub.
On completion, ZeroNorth’s eBDN technology and customers will move onto Ofiniti’s Bunker Operating System. Financial terms and a completion date were not disclosed.
Singapore is central to the transaction
BTS is the Singapore legal entity and license holder behind the eBDN solution. Ofiniti said the acquisition forms part of a multimillion-dollar investment in Singapore and strengthens its position in a market that has been moving toward digital bunker documentation.
Electronic bunker delivery notes replace paper documents used to record marine-fuel deliveries. In Singapore, the technology sits within a broader digitalization effort around bunker transactions, compliance, and operational data.
Ofiniti currently serves about 200 customers and has processed more than 50,000 bunker operations, according to the company. Smart Maritime Network reported that Ofiniti estimates it has roughly 40 percent of Singapore’s digital bunkering market. Those market-share and usage figures are company-reported.
Ofiniti continues to consolidate bunker software
The deal is Ofiniti’s third acquisition since it became an independent company following its 2024 spinout from DNV. It previously acquired Angsana Technology and Teqplay.
The company’s strategy is to bring scheduling, delivery documentation, workflow, and operational data into a common Bunker Operating System rather than leaving those functions spread across separate products.
Adding ZeroNorth’s eBDN customers gives Ofiniti a larger installed base and strengthens its position in the documentation layer of marine-fuel transactions.
ZeroNorth narrows its bunkering focus
ZeroNorth said the sale reflects a decision to concentrate its bunkering investment on procurement, pricing, and planning rather than electronic delivery-note infrastructure.
The company has also been emphasizing how fuel purchasing decisions can be connected more closely with voyage performance, emissions, and vessel operations. ZeroNorth said it plans to increase the use of agentic AI across voyage-related workflows.
The split illustrates two different approaches to maritime software consolidation. Ofiniti is concentrating on the operational infrastructure around bunker delivery and documentation, while ZeroNorth is focusing more heavily on planning and optimization before and around the fuel purchase itself.
For Singapore, the acquisition is notable because eBDN adoption is becoming part of the port’s broader push toward digitized bunkering. The practical impact will depend on customer migration, integration quality, and whether a larger common platform can reduce duplicated data entry and reconciliation across suppliers, surveyors, vessel operators, and buyers.