50 Please click here to order a Bunker Index Subscription. 2% down on year. The minister also unveiled a set of new guidelines and procedures for ship bunkering to ensure safety and efficiency in Singapore waters. com Singapore-based bunker trading firm Synergy Asia Bunkering (SAB) has expanded operations to the Middle East with the start of its Dubai office. Measuring 103 m long and 19 m wide, the tanker is equipped with a 55-m 3 LNG tank with a fuel gas supply system on deck to supply gas to the engine. The strong month helped lift Singapore's 2018 marine fuel sales figures to the second highest on record, the data showed. 5 million litres to the receiving vessel. The operation, the first of such in Singapore, comprised a reload of 2,000 cbm of LNG onto a small-scale tanker at the newly-modified Secondary Jetty of the Singapore LNG (SLNG) Terminal, followed by a ship-to-ship transfer to the receiving heavy-lift commercial vessel. Singapore is the the world's largest marine refueling, or bunkering, hub. MPA detected magnetic interferences from Inter-Pacific's bunker tankers. The Maritime and Port Authority of Singapore (MPA) has revoked the bunker craft operator license of Southernpec (Singapore) Pte Ltd (Southernpec), with effect from May 8. In Singapore, Fuel Oil 180 cSt, 380 cSt, MGO and MGO(LS) futures prices dropped above 4% to $428 , $398, $565 and $573 respectively during the yesterday's session. Unresponsive Crewmember Hoisted from Cargo Ship off Texas; Sovcomflot Receives Newest Arctic Shuttle Tanker; Ocean Yield Buys Ethylene Gas Carrier with Long-Term Charter. The list comprises 49. Singapore bunker fuel sales volume down 5% on year in September. Flak Tower IV - one of two towers - was built in 1942 as an anti-aircraft bunker and was one of the Nazis' biggest fortresses, according to Hamburg. To ensure that the most stringent standards are followed in the Port of Singapore, MPA reviews these standards from time to time to stay relevant. 1012, ONE BKC, Wing C Bandra Kurla Complex, Bandra (East), Mumbai- 400051, Maharashtra, India. Singapore reports all bunker barges ready for 2020. 5% at port Singapore in USD (US Dollars. The company has replaced Sentek Marine & Trading as the biggest bunker supplier by volume. Check bunker prices for main ports. IBIA - Africa Office Post Net Suite 225 Private Bag X4 Hout Bay South Africa 7872 Tel: +27 (0)21 412 1593 Mob: +27 (0) 7999 07544. Mr Michael Chia, Chairman of FueLNG Ltd, said, “This is an exciting milestone for FueLNG as we establish ourselves as a safe, cost-efficient and reliable LNG bunker supplier. They were widely exhibited as curiosities and were "two of the nineteenth century's most studied human beings". Bunker premiums in Singapore have climbed to new historical highs, underpinned by the strength in the high sulfur fuel oil cargo market, on concerns of increasingly limited supply of the high. "Singapore retained its position as the world's top bunkering port in 2018, with annual bunker sales volume close to the 50 million-tonne mark for the second year consecutively," said the MPA in a statement. The festival falls on the 15th day of the eighth month in the Chinese calendar, and as such, the actual date varies slightly from year to year, but it is usually aro. The operation comprised a reload of 2,000 m3 of LNG onto a small-scale tanker at the newly modified Secondary Jetty of the Singapore LNG (SLNG) Terminal, followed by a ship-to-ship transfer to the receiving heavy-lift vessel. News involving the industry and Market Reports. The world’s biggest bunkering port Singapore has recorded a major fall in prices of heavy fuel oil closing in on ten-year lows from 2015. Crude Oil; Natural Gas; Singapore IFO 380 Historical Price;. Dan-Bunkering is pleased to announce the promotion of Emelia Yusope to Senior Bunker Trader as of February 1, 2019. The termination of Inter-Pacific's licence. Singapore specific, I have saw the demise of many bunker companies , which no one had ever predicted to fold. https://www. Singapore, the world's largest bunkering port, saw its marine fuel sales rise 4. The reason. pecia S 4 1 0. Glander International Bunkering (India) Private Limited Unit No. AEGEAN BUNKERING (SINGAPORE) PTE. We offer the following regional Bunker oil analysis and news coverage to keep you informed of factors and developments affecting prices in the Bunker oil marketplace. The nosedive in marine fuel prices follows suit of dwindling oil prices that stand at below $40 per barrel. Read more at straitstimes. 5 million litres to the receiving vessel. "As the world's largest bunkering port, Singapore is committed to provide a range of bunkering solutions to meet the future energy needs of the global shipping industry," said Ms Quah Ley Hoon, Chief Executive of MPA. Company News Read More. ExxonMobil Asia Pacific has signed a two-year time charter agreement with Singapore-based Sinanju Tankers Holdings Pte Ltd to lease Singapore’s first liquefied natural gas (LNG) powered bunker tanker, Sinanju said in an statement. Vermont UM Bunkering and one of. WFS posts marine income rise despite new low in sales volume: Marine income from operations and gross profit both climb as WFS reports lowest quarterly and half-year sales volume since public records began in 2014. Singapore-based bunker tanker owner and operator Sinanju Tankers Holdings ("Sinanju") achieved a new. Denmark's state prosecutor charged the former manager of OW Bunker's Singapore subsidiary with fraud on Thursday but cleared the Danish management of the failed marine fuel oil supplier of any. com with over a decade of experience writing for news outlets such as iNVEZZ and SeeNews. Reuters, 16 Oct 2014 Singapore's exports in September rose less than expected as sales to Europe contracted and shipments to the United States slowed, adding to concerns that a sluggish global economy may bite into the city-state's exports. As of Sept 25, IPP still holds a bunker fuel supplier licence in Singapore, according to the MPA's website. Singapore Bunker Fuel Prices Today, IFO 380, IFO 180, MGO Prices per Ton, Live & Historical Price Charts. He was PSA Bunkering Services Manager (1988-1996). Lloyd's Register, LR and any variants are trading names of Lloyd's Register Group Limited, its subsidiaries and affiliates. Singapore, the world's largest bunkering port, saw its marine fuel sales rise 4. Being built to Bureau Veritas class requirements, the 7,990-dwt bunker tanker will deliver marine fuels to ocean-going vessels within Singapore port limits. To ensure that the most stringent standards are followed in the Port of Singapore, MPA reviews these standards from time to time to stay relevant. Avenir LNG to develop LNG bunkering in Malaysia Tuesday, 01 October 2019 09:30 Avenir LNG Ltd, alongisde MISC Berhad, has announced that PETRONAS, through its subsidiary, PETRONAS LNG Sdn. Singapore is the the world's largest marine refueling, or bunkering, hub. 91m) to boost liquefied natural gas (LNG) bunkering in the Port of Singapore. 5 million litres to the receiving vessel. "This new derivative product can help manage the risk of disconnection between cargo and delivered bunker markets," it added. ExxonMobil Asia Pacific, a subsidiary of Exxon Mobil Corporation XOM, has sealed a two-year charter deal with Singapore’s Sinanju Tankers Holdings for renting a bunker tanker, Marine Vicky. More information about the price reports we publish on Bunker oil. The Maritime and Port Authority of Singapore (MPA) will make available a list of licensed bunker suppliers of low-sulphur fuels by mid-2019, said Lam. The bunker craft operator licence of Universal Energy Pte Ltd will also not be renewed. A Selection of Participants Confirmed to Attend >. Company News Read More. The MPA had previously suspended Southernpec's operator licence "with effect from 25. The Republic aims to be ready to bunker LNG to ships in the. The minister said this at an LNG bunkering demonstration held at Jurong Port on Tuesday by Pavilion Energy's unit. Bunker & Lubricant Trader. Gazpromneft LNG bunkering operations for STS to start from 2021 16 October 2019. Lewis Hamilton surprised by Charles Leclerc, Ferrari Singapore GP surge World champion admits he hadn't seen Leclerc's pole-winning pace coming, but "grateful" for second; Can Mercedes recover in. Check bunker prices for main ports. A one-stop service provider for bunkering in Singapore, Equatorial is one of the few companies to be in control of its entire supply chain. This group will work with members -- mostly, but not limited to, small and medium-sized bunker companies to improve the quality of their business services. Singapore — Bunker premiums in Singapore have climbed to new historical highs, underpinned by the strength in the high sulfur fuel oil cargo market, on concerns of increasingly limited supply of the high sulfur fuel grade in light of last Saturday's attacks on key Saudi Arabian oil facilities. Japan starts 0. https://www. Yang said that to facilitate the change to the new bunker fuel standard, the SSA has appealed for information on fuel specifications and available quantities of IMO2020-compliant fuel. 27 June 2018. News involving the industry and Market Reports. aspx Ground-breaking trial. The problem is that since Singapore is a major bunkering hub, these fuels are likely to spread across the ASEAN countries, impacting proper functioning of the ships in the region. SINGAPORE, June 28 (Reuters) - Singapore's Maritime Port Authority (MPA) has suspended the bunker craft operator licence of Inter-Pacific Petroleum Pte Ltd, the MPA said in a statement on Thursday. 15 million mt from January to September 2019, 6. The Maritime and Port Authority of Singapore (MPA) has revoked the bunker craft operator license of Southernpec (Singapore) Pte Ltd (Southernpec), with effect from May 8. net/Employment/successful-trial-of-blockchain-and-dna-based-marine-fuels-tracking-solution-article-1152. Bunker oil news news and market information products from ICIS. German police said Friday they had busted a network hosting so-called Darknet platforms illegally trading drugs, stolen data and child pornography online on servers hidden in a former NATO bunker. 18 hours ago · A huge former Nazi bunker in Hamburg, Germany is set to become a luxury hotel. Loke admitted there were shortcomings of the current bunkering facilities in Malaysia. Denmark's state prosecutor charged the former manager of OW Bunker's Singapore subsidiary with fraud on Thursday but cleared the Danish management of the failed marine fuel oil supplier of any. Soon to be christened Marine Vicky, the vessel will be the first bunker tanker powered mainly by liquefied natural gas (LNG) to be deployed in Singapore waters, Sinanju announced on Friday. Record-high bunker premiums in August have. Kaohsiung Taiwanese state-owned CPC Corp on Tuesday lowered IFO380 price by $15 and MGO prices by $10. ' The existence of multiple government agencies with differently set rules for each branch further complicates the situation. Vermont UM Bunkering is a stakeholder of Vermont UM Shipping, according to information from Singapore's Accounting and Corporate Regulatory Authority (ACRA). Accessing the mops and bunkerwire price of FO/MGO, Paperswaps, and deals done. Glander International Bunkering, a leading Bunker, Lubricant trading and brokering firm is pleased to announce the appointment of Kenneth Lim as Bunker and Lubricant Trader for the Singapore office. MPA: North Korean Ships Cannot Bunker in Singapore zoom The Maritime and Port Authority of Singapore (MPA) has informed the shipping community that Singaporean ships may lose their licence if dealing with North Korean individuals. Drewry and the ESC have defined and published a simplified BAF indexing mechanism and bunker charge guide to help shippers monitor and control. Incorporated in Singapore in 1981, Hong Lam Marine is one of the most established and leading bunker craft operators in Singapore. Flak Tower IV – one of two towers – was built in 1942 as an anti-aircraft bunker and was one of the Nazis’ biggest fortresses, according to Hamburg. 8 million tonnes of fuel in 2018. com with over a decade of experience writing for news outlets such as iNVEZZ and SeeNews. A Danish high court has increased the prison sentence for a former manager of OW Bunker's Singapore arm to five years, after prosecutors appealed against the original 18-month sentence for actions. 50 Please click here to order a Bunker Index Subscription. Singapore is one of the top bunkering ports in the world - 42. SINGAPORE, June 28 (Reuters) - Singapore's Maritime Port Authority (MPA) has suspended the bunker craft operator licence of Inter-Pacific Petroleum Pte Ltd, the MPA said in a statement on Thursday. In 2018, the company was the. Singapore — Bunker premiums in Singapore have climbed to new historical highs, underpinned by the strength in the high sulfur fuel oil cargo market, on concerns of increasingly limited supply of the high sulfur fuel grade in light of last Saturday's attacks on key Saudi Arabian oil facilities. Kenneth has in-depth knowledge and vast experience supplying Bunkers and Lubricants in Singapore, Hong Kong and Thailand. 6% lower than sales of 50. ICIS C1 Energy bunker market coverage provides readers with unrivalled pricing information and insights into Asia's bonded bunker markets. At KPI Bridge Oil. I was born in Singapore and have a BSc in Maritime Business and Maritime Law from University of Plymouth, UK. Singapore is the world’s largest marine. The International Bunker Industry Association (IBIA) is the voice of the global bunker industry and represents all stakeholders across the industry value chain. As the largest bunkering port in the world, Singapore has implemented bunkering standards covering documentation, equipment, procedures, quality of bunker fuel supplied, etc. ExxonMobil charters Singapore's first LNG-fueled bunker barge. About Us > News > Singapore: Monthly Bunker Sales Down Year-on-year. Credit: Malte Schwarz. Lloyd's Register, LR and any variants are trading names of Lloyd's Register Group Limited, its subsidiaries and affiliates. SINGAPORE, Aug 29 (Reuters) - Price reporting agency S&P Global Platts plans to launch its first assessments for prices of liquefied natural gas (LNG) bunker fuel ahead of new shipping rules. Inside Singapore's Battlebox bunker Get the latest news and updates emailed straight to your inbox. As informed, the measure will take effect from October 15, 2019. 88mn t, down by 42,000t from June and 158,000t from July last year, provisional data from Singapore's Maritime and Port Authority (MPA) show. Organised by the Maritime and Port Authority of Singapore (MPA), the two-day Singapore International Bunkering Conference and Exhibition (SIBCON) features key international speakers and brings together bunkering professionals, academic experts and high-level industry executives to exchange ideas on current. 35 million mt sold in the same period in 2018. The Vessel is on track to commence deliveries of compliant marine fuels from Q1 2020. The new standard, the Singapore Standard SS 600: 2008 – Code of Practice for Bunkering, or SS 600 in short, is the world's first national standard for bunker suppliers and surveyors. The 5th Biennial LNG Bunkering 2019 conference is back during the most important time when industry is transitioning to IMO 2020. 8 million metric tonnes (mt) of marine fuel was delivered at Singapore port in 2018, 1. 5% sulfur bunker fuel oil supply ahead of IMO mandate. Argus provides commodity news and insights from around the world, illuminating the markets. Kaohsiung Taiwanese state-owned CPC Corp on Tuesday lowered IFO380 price by $15 and MGO prices by $10. Bunker One expands Caribbean footprint to freeport Bahamas. Singapore-based Coastal Oil Singapore Pte Ltd (UEN 200413975N) filed for liquidation as part of a creditors’ voluntary winding up operation on Thursday (13 December), according to Accounting and Corporate Regulatory Authority (ACRA) documents obtained by. We offer the following regional Bunker oil analysis and news coverage to keep you informed of factors and developments affecting prices in the Bunker oil marketplace. Business News -Singapore retained its position as the world's leading bunkering port last year while also increasing the number of containers that passed through the docks. Singapore-based bunker tanker owner and operator Sinanju Tankers Holdings (“Sinanju”) achieved a new. Unresponsive Crewmember Hoisted from Cargo Ship off Texas; Sovcomflot Receives Newest Arctic Shuttle Tanker; Ocean Yield Buys Ethylene Gas Carrier with Long-Term Charter. 35 million mt sold in the same period in 2018. 8 million tonnes of fuel in 2018. Flak Tower IV – one of two towers – was built in 1942 as an anti-aircraft bunker and was one of the Nazis’ biggest fortresses, according to Hamburg. Price reporting. She is equipped with a 55m3 LNG tank paired with a fuel gas supply system on deck for engine propulsion. Gazpromneft LNG bunkering operations for STS to start from 2021 16 October 2019. SINGAPORE - A ship fuelling company has become the first firm to be charged with offences that involve concealing benefits accrued from alleged criminal conduct. September volumes fail to reach 4m mt. Singapore is the world's largest bunkering hub with sales of 49. There's a change in our strategy, says head of new trading and marketing unit,. The minister said this at an LNG bunkering demonstration held at Jurong Port on Tuesday by Pavilion Energy's unit. 90 mil mt "People are increasingly taking more low sulfur bunker volumes and the market is generally expecting more demand," a trader said. Major ports globally are strengthening their LNG bunkering facilities and firming up collaborative agreements, as a result of which the market is expected to exceed $12 billion by 2024. Glander International Bunkering Opens 8th Office Globally in Oslo The leading marine fuel and lubricant trading firm, Glander International Bunkering has started operations in Oslo, Norway. “As the world’s largest bunkering port, Singapore is committed to provide a range of bunkering solutions to meet the future energy needs of the global shipping industry,” said Ms Quah Ley Hoon, Chief Executive of MPA. Price reporting. Half of this sum has been set aside to co-fund the building of new LNG bunker vessels (LBVs) to facilitate the development of ship-to-ship. Singapore: Brightoil's Bunker Tanker Fleet Sold Off at Discount Prices Despite strong interest, local suppliers get discounts as high as 45% off vessel's valuation. Singapore is the world's largest bunkering hub and in 2018, the company was ranked the. SINGAPORE: The Maritime and Port Authority of Singapore (MPA) announced on Thursday (Dec 14) that it has pumped another S$12 million to boost Liquefied Natural Gas (LNG) bunkering in the Port of. According to news reports, the bunkering services industry in Singapore was valued at RM2 billion in 2017 but Malaysia's market size is estimated to be at least three times that of the little. Seven suspects were arrested in a series of raids Thursday targeting the operators of the "Bulletproof. Singapore retained its position as the world's leading bunkering port last year while also increasing the number of containers that passed through the docks. According to news reports, the bunkering services industry in Singapore was valued at RM2 billion in 2017 but Malaysia's market size is estimated to be at least three times that of the little. Major ports globally are strengthening their LNG bunkering facilities and firming up collaborative agreements, as a result of which the market is expected to exceed $12 billion by 2024. Travelers favorites include #1 Gardens by the Bay, #2 Marina Bay and more. "Singapore and Fujairah [bunker] markets will move independently after 2020 depending on the fundamentals of each port,"a trader said. Inter-Pacific Petroleum is no longer allowed to operate as a bunker craft operator in the Port of Singapore, with its license revoked by the Maritime and Port Authority (MPA) of Singapore, according to an announcement. close breaking news. Watch CNA live. Singapore www. Swap spreads also widened dramatically, signalling worries regarding tightening supply of high-sulphur fuel oil from any changes in trade flows. SINGAPORE: The Maritime and Port Authority of Singapore (MPA) announced on Thursday (Dec 14) that it has pumped another S$12 million to boost Liquefied Natural Gas (LNG) bunkering in the Port of. News Darknet cybercrime servers hosted in former NATO bunker in Germany. 5% in January, the price of blending stocks to produce 0. The operation, the first of such in Singapore, comprised a reload of 2,000 cbm of LNG onto a small-scale tanker at the newly-modified Secondary Jetty of the Singapore LNG (SLNG) Terminal, followed by a ship-to-ship transfer to the receiving heavy-lift commercial vessel. 2 million metric tons of bunker are reported to have been sold in 2015. LEARN MORE. Asia Malaysia aims to boost bunkering industry, says transport minister but most of the time bunkering is happening in Singapore," Mr Loke was quoted as. To date, bunker sales at Singapore have drifted down by over 6% year-on-year. World’s leading independent tank storage company Vopak introduces new efficient and safe concurrent bunkering services at its Sebarok terminal in Singapore. September 5, 2019 / 6:33 AM / a month ago. close breaking news. Aegean Marine Petroleum is the leading independent physical supplier of marine bunker fuels and lubricants worldwide. Wired Bunkering is no longer on Singapore's list of marine fuel suppliers. MPA committed $12M for LNG-fuelled vessels. Singapore: Brightoil's Bunker Tanker Fleet Sold Off at Discount Prices Despite strong interest, local suppliers get discounts as high as 45% off vessel's valuation. Check bunker prices for main ports. In an effort to ensure fair and accurate measurements in the delivery of bunker fuels, enhance productivity and mitigate possible corrupt practices, the Maritime Port Authority of Singapore (MPA) will be requiring the use of approved mass flow metering (MFM. News involving the industry and Market Reports. Bunkering is the process of supplying fuels to ships for their own use, and Singapore is one of the largest and most important bunkering port in the world. In another notable bunker-related development, the port of Sohar has announced that it is now offering a bunker supply service for customers of the Omani port. is pleased to announce that effective from 1st November 2014, Kasper Bækkegaard Christiansen has transferred from Dan-Bunkering's head office in Middelfart to the Company's office in Singapore. Stay Tuned!. Singapore's bunker tankers are said to be working flat out due to increased demand from ships bypassing Fujairah Photo: Jonathan Boonzaier. The 5th Biennial LNG Bunkering 2019 conference is back during the most important time when industry is transitioning to IMO 2020. Measuring 103 m long and 19 m wide, the tanker is equipped with a 55-m 3 LNG tank with a fuel gas supply system on deck to supply gas to the engine. Please register your details to keep up-to-date with KPI Bridge Oil’s latest markets news, events and seminars. Enjoy the videos and music you love, upload original content, and share it all with friends, family, and the world on YouTube. The International Bunker Industry Association (IBIA) and S&P Global Platts, the leading independent provider of information and benchmark prices for the commodities and energy markets, have agreed on a collaboration agreement to help market participants across the shipping ecosystem prepare ahead of the implementation of the International. Denmark's state prosecutor charged the former manager of OW Bunker's Singapore subsidiary with fraud on Thursday but cleared the Danish management of the failed marine fuel oil supplier of any. 91m) to boost liquefied natural gas (LNG) bunkering in the Port of Singapore. 50 Please click here to order a Bunker Index Subscription. , bunkering arm of Hin Leong Group, is widely recognized as leading supplier of quality bunker fuels in Singapore, the world's number one bunkering port. The World Bunker Index consist of a range of prices for 380 HSFO, 180 HSFO and MGO (Gasoil) continued downward trend yesterday. “The current barging fees in Singapore for IFO 380 CST is around $6-$8/mt, but it’s likely to trend up due to less barge turnarounds in 2020,” a bunker supplier in Singapore said last week. 88mn t, down by 42,000t from June and 158,000t from July last year, provisional data from Singapore's Maritime and Port Authority (MPA) show. pecia S 4 1 0. ' The existence of multiple government agencies with differently set rules for each branch further complicates the situation. Singapore-based bunker tanker owner and operator Sinanju Tankers Holdings (“Sinanju”) achieved a new. Oct 15 Cartagena Public Holiday - Day of Hommage for the late king Father (Norodom Sihanouk). SINGAPORE, Aug 29 (Reuters) - Price reporting agency S&P Global Platts plans to launch its first assessments for prices of liquefied natural gas (LNG) bunker fuel ahead of new shipping rules. Chang and Eng Bunker (May 11, 1811 - January 17, 1874) were Siamese-American conjoined twin brothers whose fame propelled the expression "Siamese twins" to become synonymous for conjoined twins in general. To check bunker prices for all the ports in Singapore click on Singapore. Although the bunker industry is highly regulated, this Insight highlights some of the most common issues and concerns arising out of bunker sales in Singapore. In April 2017, it launched its first technical guidelines for LNG bunkering. A Selection of Participants Confirmed to Attend >. Fujairah troubles send bunker prices soaring in Singapore. Oct 15 Cartagena Public Holiday - Day of Hommage for the late king Father (Norodom Sihanouk). Reuters, 16 Oct 2014 Singapore's exports in September rose less than expected as sales to Europe contracted and shipments to the United States slowed, adding to concerns that a sluggish global economy may bite into the city-state's exports. com with over a decade of experience writing for news outlets such as iNVEZZ and SeeNews. The nosedive in marine fuel prices follows suit of dwindling oil prices that stand at below $40 per barrel. They were widely exhibited as curiosities and were "two of the nineteenth century's most studied human beings". The course is designed for newcomers, as well as existing shipping professionals who may have been in the industry for a while. Keppel Offshore & Marine (Keppel O&M) named Singapore's first dual-fuel bunker vessel under construction at the Keppel Nantong shipyard in China. About conference Bunker Fuel Asia 2020, 11-12 Mar, 2020 at Singapore. Besides obtaining a licence from the MPA to conduct bunkering business in Singapore's port, bunker suppliers, craft operators and surveyors will have to comply with SS 600 when carrying out their operations. News emerged this week that the MPA has…. The Maritime and Port Authority of Singapore (MPA) has revoked the bunker supplier and bunker craft operator licences of Hong Fatt Oil Trading and Tankoil with effect from Feb 9. The Oslo office is the company’s 8th location and aims to expand the reach of its main Norway office in Tønsberg. The festival falls on the 15th day of the eighth month in the Chinese calendar, and as such, the actual date varies slightly from year to year, but it is usually aro. The Bunkerspot website includes a subscription-based real-time news and pricing service, as well as information channels, industry announcements and updates on conferences, exhibitions and other key events. 2% down on year. As part of Singapore’s continued efforts to enhance bunkering processes and prepare the bunkering industry to meet future demands, the Maritime and Port Authority of Singapore (MPA) on Wednesday announced new initiatives. West Deptford, N. During that period, he formulated and implemented policies in Singapore that: established the regulatory and licensing framework,. "Bunker premiums in Singapore have become increasingly volatile and are expected to remain so because of the IMO 2020 implementation of a global cap on sulphur in marine fuels," the company said. Singapore-based Coastal Oil Singapore Pte Ltd (UEN 200413975N) filed for liquidation as part of a creditors' voluntary winding up operation on Thursday (13 December), according to Accounting and Corporate Regulatory Authority (ACRA) documents obtained by. Web Specials Sentosa Merlion to be demolished: 6 things to know about the Singapore icon. According to news reports, the bunkering services industry in Singapore was valued at RM2 billion in 2017 but Malaysia's market size is estimated to be at least three times that of the little red dot and worth about RM6 billion. DECEMBER 30, 2016 — A port circular from the Maritime And Port Authority of Singapore (MPA) notes that, with effect from January 1, 2017, it is mandatory to use an MPA-approved mass flow metering (MFM) system for all Marine Fuel Oil (MFO) bunker deliveries in the Port of Singapore. The Maritime and Port Authority of Singapore (MPA) will make available a list of licensed bunker suppliers of low-sulphur fuels by mid-2019, said Lam. The Oslo office is the company's 8th location and aims to expand the reach of its main Norway office in Tønsberg. Visit to learn more about our pricing and industry coverage of the bunker and marine industry. Glander International Bunkering, a leading Bunker, Lubricant trading and brokering firm is pleased to announce the appointment of Kenneth Lim as Bunker and Lubricant Trader for the Singapore office. Singapore-based bunker tanker owner and operator Sinanju Tankers Holdings ("Sinanju") achieved a new. Bunker premiums in Singapore have climbed to new historical highs, underpinned by the strength in the high sulfur fuel oil cargo market, on concerns of increasingly limited supply of the high. I was born in Singapore and have a BSc in Maritime Business and Maritime Law from University of Plymouth, UK. Price reporting. Reuters, 16 Oct 2014 Singapore's exports in September rose less than expected as sales to Europe contracted and shipments to the United States slowed, adding to concerns that a sluggish global economy may bite into the city-state's exports. SINGAPORE DATA: Sep bunker fuel sales fall 5% on year to 3. Bunker A is No. A total 49. Singapore, Singapore : IFO 380 IFO 180 MGO. ’ The existence of multiple government agencies with differently set rules for each branch further complicates the situation. ICIS C1 Energy bunker market coverage provides readers with unrivalled pricing information and insights into Asia's bonded bunker markets. News involving the industry and Market Reports. Keppel Offshore & Marine (Keppel O&M) has said the company is on track to deliver the first dual-fuel bunker tanker for Singapore on time and with a perfect safety record. The following news was published by Singapore bunkering publication Manifold Times at 6:00pm (Singapore time) on Thursday 13 December. In that role, he promoted and developed Singapore as the world’s top bunker port. SINGAPORE (S&P Global Platts) Singapore — France's Total and Singapore's Pavilion Energy, through their subsidiaries Total Marine Fuels Global Solutions and Pavilion Gas, have signed an agreement to develop the LNG bunker supply chain further in the port of Singapore, the two companies said in a. Get the news that matters in your inbox every morning! TRY AGAIN. Developments in Singapore will be covered in equal measure to give participants insight on market dynamics in the largest bunkering port. Petrochina retains second position having jumped from 12th in 2016. To check bunker prices for all the ports in Singapore click on Singapore. http://soldersmoke. As every aspect of the delivery process is managed by us, our clients can rest assured of the quality and standards of our services and products. Singapore-based harbour and terminal towage operator PSA Marine on Saturday (10 August) said it has successfully executed a truck-to-ship transfer of liquefied natural gas (LNG) to the company’s first LNG dual fuel tug PSA Aspen with several partners on 27 June 2019. We operate globally with clients in shipping lines and the shipping business. The vessel named Marine Vicki is owned and will be operated by Sinanju Tankers Holdings, and is set to deliver marine fuels to ocean-going vessels. Jacky Nguyen is from Vietnam and has been in the bunkering industry for 13 years. This group will work with members -- mostly, but not limited to, small and medium-sized bunker companies to improve the quality of their business services. To check bunker prices for all the ports in Singapore click on Singapore. Singapore bunker premiums scale new highs as HSFO market prices in Saudi attacks "There are concerns about fuel oil resupply with this situation [the uptrend] is heavily driven by [HSFO] flat prices and now fuel cracks are positive," a bunker supplier said. Get the news that matters in your inbox every morning! TRY AGAIN. THE BUSINESS TIMES bunker - Find bunker News & Headlines, insight and analysis in Singapore, Asia-Pacific & global markets news at The Business Times. As every aspect of the delivery process is managed by us, our clients can rest assured of the quality and standards of our services and products. The 12,000 cubic meter membrane LNG bunker vessel, the largest LNG bunker vessel set for. The problem is that since Singapore is a major bunkering hub, these fuels are likely to spread across the ASEAN countries, impacting proper functioning of the ships in the region. Web Specials Sentosa Merlion to be demolished: 6 things to know about the Singapore icon. Travelers favorites include #1 Gardens by the Bay, #2 Marina Bay and more. 5% sulphur limit by the 1 January 2020 deadline. The bunker craft operator licence of Universal Energy Pte Ltd will also not be renewed. Singapore-based Coastal Oil Singapore Pte Ltd (UEN 200413975N) filed for liquidation as part of a creditors' voluntary winding up operation on Thursday (13 December), according to Accounting and Corporate Regulatory Authority (ACRA) documents obtained by. Denmark's state prosecutor charged the former manager of OW Bunker's Singapore subsidiary with fraud on Thursday but cleared the Danish management of the failed marine fuel oil supplier of any. The vessel will join Sinanju’s 13-vessel bunker fleet in December 2019. SINGAPORE DATA: Sep bunker fuel sales fall 5% on year to 3. com with over a decade of experience writing for news outlets such as iNVEZZ and SeeNews. Maritec is yet to reply to World Maritime News with a comment on the matter. "Singapore and Fujairah [bunker] markets will move independently after 2020 depending on the fundamentals of each port,"a trader said. Asia’s leading maritime industry gathering of marine fuel thought leaders, bunker procurement decision-makers and innovators with timely industry discussions, practical applications and use case developments. Singapore is the world's largest bunkering hub, with bunker sales volumes totaling 49. Singapore marine fuels sales in July totalled 3. The Maritime and Port Authority of Singapore (MPA) on Thursday (24 January) updated its list of top bunker suppliers by volume in 2018. Inter-Pacific Petroleum is no longer allowed to operate as a bunker craft operator in the Port of Singapore, with its license revoked by the Maritime and Port Authority (MPA) of Singapore, according to an announcement. Finally some respite for shippers as HSFO Singapore bunker prices went from over $500 two weeks ago to dipping below $400 this week. The vessel named Marine Vicki is owned and will be operated by Sinanju Tankers Holdings, and is set to deliver marine fuels to ocean-going vessels. Measuring 103 m long and 19 m wide, the tanker is equipped with a 55-m 3 LNG tank with a fuel gas supply system on deck to supply gas to the engine. The Port of Singapore continues to gear up for future needs of the bunker industry. West Deptford, N. Inter-Pacific also holds a bunker fuel supplier licence in Singapore, the world’s largest bunkering hub. pilot programme which will span from 2017 to 2020, Singapore will test operational protocols, gain operational experience and continue to beef up Singapore’s capabilities in the areas of LNG bunkering to ensure LNG bunkering is carried out safely, efficiently and reliably. Minerva Bunkering is an international marine fuel logistics company that markets and physically supplies refined marine fuel and lubricants to ships in port and at sea. 67 million mt, Maritime and Port Authority of Singapore data released Friday showed. We serve every type of vessel. Although the bunker industry is highly regulated, this Insight highlights some of the most common issues and concerns arising out of bunker sales in Singapore. Competition within the marine fuels industry at Singapore will be on an ‘even keel’ by 2017 due to the installation of mass flowmeters (MFM) on all bunker tankers delivering fuel oil at the port, says the Executive Director of Piroj International. Ocean Bunkering was listed eighth on the list, which is published annually by the Maritime & Port Authority of Singapore (MPA), for 2017. Dan-Bunkering is pleased to announce the promotion of Emelia Yusope to Senior Bunker Trader as of February 1, 2019. Singapore is one of the top bunkering ports in the world – 42. All 199 bunker barges in Singapore have been fitted with mass flow meters and are ready to deliver different fuel types starting at the turn of the year, says the Maritime and Port Authority of Singapore. 90 mil mt "People are increasingly taking more low sulfur bunker volumes and the market is generally expecting more demand," a trader said. At KPI Bridge Oil. Southernpec will no longer be allowed to operate as a bunker craft operator in the Port of Singapore. Vermont UM Bunkering is a stakeholder of Vermont UM Shipping, according to information from Singapore's Accounting and Corporate Regulatory Authority (ACRA). Read more at. Bunker supplier Inter-Pacific Petroleum will no longer be allowed to operate in the Port of Singapore after the Maritime and Port Authority of Singapore (MPA) revoked its bunker craft operator license. Maritec is yet to reply to World Maritime News with a comment on the matter. Read more >>. Accessing the mops and bunkerwire price of FO/MGO, Paperswaps, and deals done. MPA: North Korean Ships Cannot Bunker in Singapore zoom The Maritime and Port Authority of Singapore (MPA) has informed the shipping community that Singaporean ships may lose their licence if dealing with North Korean individuals. 6% lower than sales of 50. 24/5 coverage of the global bunker markets Relevant and quality news, insights, features and analysis impacting the global bunker market Access to end of day bunker fuel prices and indications on major ports and Bunkerworld Index. Tech start-ups could foster trade relations with India: Singapore minister S Iswaran. 8 million metric tonnes (mt) of marine fuel was delivered at Singapore port in 2018, 1. Amongst which is a Memorandum of. Folk Beauty was detained in the southeast Asian bunkering hub on 21 March, court records show. In another notable bunker-related development, the port of Sohar has announced that it is now offering a bunker supply service for customers of the Omani port. Ship & Bunker - News, Exclusive Features, Bunker Price Indications - The World's Most Read Publication for the Marine Fuels Industry. Stay Tuned!. 5% sulphur limit by the 1 January 2020 deadline. Gazpromneft LNG bunkering operations for STS to start from 2021 16 October 2019. The 5th Biennial LNG Bunkering 2019 conference is back during the most important time when industry is transitioning to IMO 2020. DECEMBER 30, 2016 — A port circular from the Maritime And Port Authority of Singapore (MPA) notes that, with effect from January 1, 2017, it is mandatory to use an MPA-approved mass flow metering (MFM) system for all Marine Fuel Oil (MFO) bunker deliveries in the Port of Singapore. September 5, 2019 / 6:33 AM / a month ago. Daily news on bunker markets, ports and tanker business. I enjoy working in a fast pace environment, therefore working in the bunker industry enables me to face new challenges and tasks daily. The operation, the first of such in Singapore, comprised a reload of 2,000 cbm of LNG onto a small-scale tanker at the newly-modified Secondary Jetty of the Singapore LNG (SLNG) Terminal, followed by a ship-to-ship transfer to the receiving heavy-lift commercial vessel. Market temporarily divided into two segments, industry veteran tells Bunkerspot. Date Price +/-Low - High; 2019-10-14: 342. Maritime Reporter E-News is the maritime industry's largest. They cover market activities throughout the area and serves as local partner for customers and suppliers based in Singapore.