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Loudoun County Attorneys > Blog > Bunkerspot > Digital Bunker Delivery Notes ( BDNs / BDRs): Trash the Paper!

Digital Bunker Delivery Notes ( BDNs / BDRs): Trash the Paper!

Bunker delivery notes (BDNs, or BDRs – bunker delivery receipts) remain on the of the few parts of a bunkering transaction still done on paper. This is despite the widespread digitization of all other aspects of the bunkering industry. Paper is lost, it takes up space, and paper entries easily changed or even counterfeited. In this article Steve Simms presents how digitization is an essential part of the solution to deter fraud fraud in bunkering transactions, and crucial to monitoring compliance with and enforcement of the IMO’s 2020 sulfur cap. Properly prepared digital bunker delivery note systems comply with legal requirements and also can speed up billing and collections, making bunkering operations more profitable.

Access the full article at the link here

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