Adopting pioneering technologies to promote efficiency and safety in the bunker sector
Singapore, June 12, 2025 (Globe Newswire) – iothree Limited (“io3” or “Company”) 
IOTRa pioneer in digital solutions for the maritime industry, the provider is proud to announce the deployment of the V.Sight Artificial Intelligence (AI) video analytics camera surveillance system across the Singer Group's Bunker Marine Fleet. This milestone is an important step in supporting Singhfa Group's digital journey. Strengthen real-time situational awareness, advance safety innovation, automate workflows, and send smarter fleet management and fuel optimization to maritime businesses.
The phased implementation of IO3's V.Sight AI system began in the second quarter of 2024, with plans to fully equip the entire SingFar fleet over time. V.Sight leverages advanced AI-driven video analytics tailored to meet the unique needs of vessel operation to provide real-time insights that enhance safety and improve operational efficiency. The system's ability to set AI-monitored thresholds also generates alerts and notifications, allowing SingFar to take proactive action on potential safety or operational risks. The initiative reflects SingFar's advanced approach to modernizing vessel operations and adopting digital transformation that cleans the entire maritime sector.
“Digital adoption at sea needs to provide measurable value and address real operational challenges. Our collaboration with the SingFar group reflects this principle: AI-powered video analytics is not novel, but a practical tool to enhance surveillance, strengthening responsibility and supporting smart decision-making,” said Joanna Soh, chief commercial officer of IO3.
In industries where cases can have significant financial and environmental impacts, SingFar's decision reflects a positive attitude towards risk management. The V.Sight system surpasses traditional surveillance by using AI to track critical vessel functions, providing early warnings, and reducing costs and risk of dangerous incidents. Furthermore, its robust analysis will encourage compliance with new regulations and strengthen SingFar's role as an industry leader in responsible and innovative practices.
“At SingFar, we recognize technology as a catalyst for change. We are now moving our industry forward while exceeding evolving regulatory and operational expectations.” “Integrating IO3's AI-driven systems will help us to enhance fleet efficiency, increase safety standards and redefine operational excellence within the bunker industry.”
Through this deployment, IO3 will not only help SingFar Group strengthen its leadership in technology adoption within the bunker industry, but will also accelerate its unique mission to provide scalable, efficient, tailored digital solutions to the maritime sector. The collaboration highlights the growing importance of innovation, adaptability and digital transformation in shaping the future of global maritime businesses.
About Singfar Group
Singfar Group is a Singapore-based company focused on sustainable maritime and maritime energy solutions. It operates an environmentally friendly logistics and trading platform that combines digital tools such as real-time fleet management, IoT sensors, and machine learning with physical measurements, including the use of alternative fuels and energy-saving technologies. SingFar aims to reduce emissions, improve operational efficiency and support transitions to cleanse marine transport.
About IO3
IO3 is a leading provider of Maritime Digital Technologies, offering a comprehensive range of solutions and services to optimize container operations, increase safety and improve overall efficiency. With its commitment to promoting digital innovation in the maritime industry, IO3 will enable shipowners to adapt to evolving market demands and embrace the benefits of advanced technology. For more information, see www.io3.sg and https://www.linkedin.com/company/io3-pte-ltd.
Forward-looking statements
In this release, all forward-looking statements expressed or implied are based solely on information currently available and are made only as of the date they were created. Investors can find many of these statements by using words such as “approximation”, “hope”, “expectation”, “estimation”, “estimation”, “project”, “intention”, “will”, “will”, “possibility”, “possibility”, or similar expressions in this release. Except as required by applicable law, we waive any obligation to publicly update our forward-looking statements to reflect events or circumstances beyond the date of this press release. These statements are subject to uncertainty and risk, including, but not limited to, uncertainty relating to market conditions and other factors discussed in the company's filing with the Securities and Exchange Commission (“SEC”). The Company believes that the expectations expressed in these forward-looking statements are reasonable, but cannot guarantee that such expectations will prove to be correct. The company warns investors that actual results may differ materially from the expected results, and encourages investors to consider other factors that could affect future results. Additional factors have been discussed in the company's submission to the SEC and can be reviewed at www.sec.gov.
Contact for media enquiries:
Joanna Thor
Chief Commercial Officer
Iothree Limited
E: Marketing@io3.sg/ js@io3.sg
M: +65 9672 2760
