Digital bunkering platform Ofiniti has appointed Torben Carlsen, former chief executive of ferry and logistics group DFDS, as its new chair, according to Ship & Bunker. The move signals the firm’s intent to expand its presence among marine fuel buyers after building its foundation on the supplier side of the bunkering industry.
According to Ship & Bunker, Carlsen’s appointment is intended to bring a shipowner and customer perspective to Ofiniti’s strategic leadership as the company enters what it describes as its next phase of international growth. Carlsen led DFDS from 2019 to 2025 and currently chairs investment funds at Copenhagen Infrastructure Partners and GRO Capital, in addition to serving on the board of Royal Unibrew, Ship & Bunker reports.
“What I find particularly interesting about Ofiniti is that the company is addressing a very tangible challenge in shipping: how do we better connect the many players involved in a bunker operation?” Carlsen said in an emailed press release cited by Ship & Bunker.
Expanding Beyond the Supply Side
Ofiniti CEO Tue Raguse said the company’s ambition extends beyond optimizing a single part of the bunkering value chain, according to Ship & Bunker. “We want to connect supply, demand and the infrastructure that enables the industry, and that requires us to understand the entire ecosystem – particularly the buyers of marine fuel,” Raguse said, as quoted by Ship & Bunker.
Raguse added that Carlsen would serve as a strategic sparring partner and play an active role in helping the company pursue both organic and inorganic growth, Ship & Bunker reports.
The firm anticipates rising operational complexity as methanol, biofuels, and eventually ammonia account for a larger share of the marine fuel mix, building on what it describes as an already strong position in LNG, according to Ship & Bunker. Planning, safety, quality, and documentation requirements are typically more demanding for these alternative fuels compared with conventional bunker fuel, the report notes.
Market Position and Corporate History
Ofiniti holds approximately 40% of the digital bunkering market in Singapore, the world’s largest bunker port, where digital bunkering has been fully adopted and bunker sales reached a record 56.2 million mt in 2025, according to Ship & Bunker. The company serves more than 200 customers globally.
Ship & Bunker reports that Ofiniti originated as FuelBoss within Norwegian classification society DNV before being spun out as an independent company in September 2024, with DNV remaining a shareholder. Other investors include Norwegian state-owned climate investment company Nysno, UK-based Verb Ventures, and Singapore-based ShipsFocus Ventures. The firm has since acquired Angsana Technology in Singapore and Teqplay in the Netherlands, and now operates offices in Copenhagen, Dubai, Oslo, Rotterdam, and Singapore, according to the report.
Does This Matter to You?
Ofiniti’s push toward the buyer side of the bunkering market could shape how fuel purchasing, documentation, and quality assurance processes evolve as alternative fuels such as methanol, biofuels, and ammonia gain a larger share of the fuel mix. Given the company’s substantial digital bunkering presence in Singapore, developments in its platform and leadership could influence how bunkering transactions are managed at one of the world’s busiest fuel hubs. The direct operational impact of this leadership change on individual fuel buyers or suppliers is not yet detailed in the source material.
Gulf Bunkering does not provide operational or security guidance. This article is for informational purposes only. Operators should consult flag state authorities, P&I clubs, and relevant advisories for decisions relating to transit planning.
Sources: Ship & Bunker
