Ofiniti strengthens global position with acquisition of ZeroNorth’s eBDN solution

Oslo/Copenhagen/Singapore, 22 September 2026 – Maritime technology company Ofiniti has

agreed to acquire the eBDN solution from ZeroNorth and will, on completion, bring its

technology and customers onto Ofiniti’s Bunker Operating System.

The transaction marks the latest step in Ofiniti’s rapid expansion since becoming an

independent company in 2024. Through a combination of acquisitions and organic growth,

Ofiniti is bringing together technology, capabilities and customers that have historically been

spread across separate solutions.

The acquisition further strengthens Ofiniti’s position as it builds the Bunker Operating System

connecting supply, demand and infrastructure across the bunkering ecosystem.

The transaction will, on completion, bring ZeroNorth’s eBDN solution and customers into

Ofiniti’s digital delivery, while ensuring continuity for existing customers.

Accelerating the continued development of eBDN

For ZeroNorth, the transaction is a deliberate portfolio decision, as the company concentrates

its investment in bunkering on the parts most closely connected to core shipping operations –

procurement, pricing and planning.

“eBDN has an important role to play in the continued digitalization of fuel operations, and we

are proud of what we have built. We believe Ofiniti is well placed to take eBDN forward and

continue developing it for the industry. ZeroNorth will continue to invest in bunkering, focusing

on the areas where we can create the greatest impact for the industry – connecting fuel

decisions more closely with voyage and vessel operations, while increasingly applying agentic

AI across the voyage.” Says Søren Andersen, CEO of ZeroNorth.

BTS Pte. Ltd. – the legal entity and license holder behind ZeroNorth’s eBDN solution – is Ofiniti’s

third acquisition, following Singapore-based Angsana Technology and Dutch maritime

technology company Teqplay, as Ofiniti continues to bring complementary capabilities together

within its Bunker Operating System.

“Bunkering has been built around fragmented systems, data and ways of working, and we see a

huge opportunity to change that,” says Tue Raguse, CEO of Ofiniti. “We are deliberately 

building Ofiniti to connect supply, demand and infrastructure in one ecosystem. That means

growing organically, but also bringing together strong businesses and technology where that

can create better solutions for customers and a more connected industry.”

Since its spin-out from DNV in September 2024, Ofiniti has grown to serve more than 200

customers globally and has processed more than 50,000 bunker operations to date.

Singapore at the center of Ofiniti’s growth

Singapore has been central to Ofiniti’s growth and will play an increasingly important role in the

company’s next phase.

As the world’s largest bunkering hub, Singapore has established itself at the forefront of the

industry's digital development, bringing regulation, standards, technology and industry together

to accelerate new ways of working.

Ofiniti today holds a significant share of Singapore’s digital bunkering market and is increasing

its multimillion-dollar investment into technology, talent and presence in the country as it

continues to expand internationally.

“Singapore shows what can happen when an industry moves forward together,” says Raguse.

“It has created an environment where regulation, standards, technology and industry can

develop alongside each other. That makes Singapore important not only to our business today,

but to what we want to build globally.”

Ofiniti works within Singapore’s maritime ecosystem alongside organizations including the

Maritime and Port Authority of Singapore (MPA), Singapore Shipping Association (SSA),

Singapore Standards and Enterprise Singapore, as well as customers and industry partners.

“We are here to invest, contribute and build for the long term. Our ambition is to continue

strengthening our capabilities in Singapore and use what we learn here to help connect

bunkering operations across markets around the world,” says Raguse.

Following the transaction, Ofiniti and ZeroNorth will work together with the customers to ensure

a smooth transition and continuity of service.