Bunker News Singapore

Due to China’s own regulation to cap sulfur content in bunker fuel at 0. Bunkering Singapore is a practical and comprehensive 5 day all-inclusive residential bunker training course being held in Singapore from 6th - 10th June 2011. The course is designed for newcomers, as well as existing shipping professionals who may have been in the industry for a while. The new interactive graphs allow price fluctuations in the major bunkering hubs of Singapore and Rotterdam to be tracked. This section contains information concerning different aspects of bunkering, including the service providers, standards, accreditation schemes, licence application guidelines, bunkering. "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. Originally called Flakturm IV (Flak Tower IV), the Hochbunker in the St Pauli district of. In short Best Bunker Buy means all products, less worries, and more commitment. I enjoy working in a fast pace environment, therefore working in the bunker industry enables me to face new challenges and tasks daily. At the Singapore International Bunkering Conference and Exhibition (SIBCON) held in Singapore this week, several bunker suppliers and oil majors said they were ready to supply fuels that comply with the 0. 5 million litres to the receiving vessel. 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. For the first eight months of 2019, they totalled 31. 2 fuel oil, bunker B is No. ON 2 points at C B I S ng ering talki. 26 million mt compared to 33. It symobilizes a website link url. 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. The Port of Singapore continues to gear up for future needs of the bunker industry. They have since been recognized as a standard by various organizations from all over the world. SINGAPORE DATA: Sep bunker fuel sales fall 5% on year to 3. News about Singapore, including commentary and archival articles published in The New York Times. Namely, Singapore 380 cst bunker fuel stood at $209 per metric tonne (pmt) on Monday, according to data provided by Reuters. In addition to running Seatrade's maritime and offshore news website based from Singapore he is the Asia Editor of Seatrade Maritime. Due to China's own regulation to cap sulfur content in bunker fuel at 0. Three evenly spaced dots forming an ellipsis. Your bunkers focal point. Please register your details to keep up-to-date with KPI Bridge Oil’s latest markets news, events and seminars. The new interactive graphs allow price fluctuations in the major bunkering hubs of Singapore and Rotterdam to be tracked. Sinanju Tankers launches Singapore's first LNG-fuelled bunker tanker Singapore's first bunker tanker to run on liquefied natural gas signifies the momentum in the industry to adopt the clean-burning LNG as a marine fuel, says Maritime and Port Authority of Singapore chief executive Quah Ley Hoon. Gazpromneft LNG bunkering operations for STS to start from 2021 16 October 2019. Vermont UM Bunkering is a stakeholder of Vermont UM Shipping, according to information from Singapore's Accounting and Corporate Regulatory Authority (ACRA). I was born in Singapore and have a BSc in Maritime Business and Maritime Law from University of Plymouth, UK. http://soldersmoke. 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. This section contains information concerning different aspects of bunkering, including the service providers, standards, accreditation schemes, licence application guidelines, bunkering. Three of the sources said there were problems with the amount of metals and concerns about the flashpoint, or the temperature at which vapours of the fuel oil will ignite, of some of the bunker supply, which impacts the ability to store the fuel onboard a vessel. Singapore-based Sinanju Tankers Holdings, via its logistics services arm, has sealed a two-year time charter agreement with ExxonMobil Asia Pacific for a newbuild dual-fuel bunker tanker, five. The list comprises 49. Both FueLNG and Pavilion Gas have received grants of S$3. 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. GAC Bunker Fuels draws on our strong market relationships, trusted suppliers, up-to-the-minute information and global reach to give you the best bunker fuel prices and delivery options around the world to save you money on your bunker fuel procurement. The company procures product from various sources (such as refineries, oil producers, and traders) and resells it to a diverse group of customers across all major commercial. The reason. SINGAPORE: Marine fuel supplier Southernpec's bunkering licence has been revoked with effect from Wednesday (May 29) by the Maritime and Port Authority of Singapore (MPA). 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 business portfolio covers activities ranging from the supply of bunker fuels to lubricants and other services to the shipping industry. 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. The two companies will have a 50. of Singapore is revoking the bunker fuel supply license of. , 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 Republic aims to be ready to bunker LNG to ships in the. com Singapore-based bunker trading firm Synergy Asia Bunkering (SAB) has expanded operations to the Middle East with the start of its Dubai office. 4 million metric tonnes of bunkers are reported to have been sold in 2014. “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. "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. The availability, quality and pricing of fuel continue to take center stage and our showcase of key bunker markets will address market transparency concerns. IMO 2020: No Fear of Compliant Low Sulfur Bunker Shortage, says Maersk » Will IMO 2020 Introduce Mayhem Or Opportunity To The Refining And Marine Sectors? » Asia bunkering industry preparing for IMO 2020 sulfur deadline » Global: Trident Alliance Urges Hard Line But Pragmatic Approach to IMO 2020 Compliance ». Watch CNA live. Get the news that matters in your inbox every morning! TRY AGAIN. SINGAPORE DATA: Sep bunker fuel sales fall 5% on year to 3. Safe and efficient bunkering management. We have built up a reputation of being steadfast in carrying out our operations with utmost integrity, reliability and safety. 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. In that role, he promoted and developed Singapore as the world’s top bunker port. Singapore specific, I have saw the demise of many bunker companies , which no one had ever predicted to fold. 5% in January, the price of blending stocks to produce 0. Singapore bunker prices spike over Saudi supply jitters On Monday, bunker volumes transacted at highest prices seen since January. Aegean owns the largest and most modern fleet of bunker tankers operated by any independent physical supplier and maintains the broadest network of supply hubs globally. THE BUSINESS TIMES bunker - Find bunker News & Headlines, insight and analysis in Singapore, Asia-Pacific & global markets news at The Business Times. , has awarded a time charter party for the provision of its first 7500 m3 LNG carrier. 5 percent, from 3. Singapore-based bunker tanker owner and operator Sinanju Tankers Holdings ("Sinanju") achieved a new. This section contains information concerning different aspects of bunkering, including the service providers, standards, accreditation schemes, licence application guidelines, bunkering. Supply Locations. Kaohsiung Taiwanese state-owned CPC Corp on Tuesday lowered IFO380 price by $15 and MGO prices by $10. Singapore aims to be liquefied natural gas (LNG)-bunker ready in the next three years, according to the country’s Senior Minister of state for Trade and Industry, Koh Poh Koon. The strong month helped lift Singapore's 2018 marine fuel sales figures to the second highest on record, the data showed. MORE small-scale marine fuel traders and suppliers are being ensnared in an industry shake-up amid a fast changing business landscape that is signalling further consolidation ahead. Singapore www. Express News Service Bengaluru’s tech start-ups could provide a new foundation for improving bilateral trade relations between Singapore and India, Singapore’s minister-in-charge, Trade relations, S Iswaran said on Friday on the sidelines of TechSparks, a …. Singapore reports all bunker barges ready for 2020. A Selection of Participants Confirmed to Attend >. July 17, 2019 / 7:20 AM / 3 months ago. By Roslan Khasawneh 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. Video by CBS News. 15 million mt from January to September 2019, 6. http://soldersmoke. This requires an excellent knowledge of the major bunkering markets in areas such as Singapore, Rotterdam, Fujairah, and Houston. The increased bunker demand in Singapore helped push Asian fuel oil market premiums to record highs last week, with suppliers in the city. All these deeply motivated me to adapt to fast changes to the bunker market and be creative to maintain my lead. To date, bunker sales at Singapore have drifted down by over 6% year-on-year. A huge former Nazi bunker in Hamburg, Germany is set to become a luxury hotel. Singapore’s first dual-fuel bunker tanker has been named Marine Vicky, Keppel Offshore & Marine (Keppel O&M) said. The MPA had previously suspended Southernpec's operator licence "with effect from 25. The Maritime and Port Authority of Singapore (MPA) will not be renewing the bunker supplier licences of Panoil Petroleum Pte Ltd and Universal Energy Pte Ltd when they expire on 31 August 2017. The International Bunker Industry Association (IBIA) is the voice of the global bunker industry and represents all stakeholders across the industry value chain. 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. 5% at port Singapore in USD (US Dollars. 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. 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. net/Employment/successful-trial-of-blockchain-and-dna-based-marine-fuels-tracking-solution-article-1152. 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. Singapore Bunker Fuel Prices Today, IFO 380, IFO 180, MGO Prices per Ton, Live & Historical Price Charts. 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. The Singapore authorities are continuing their clampdown on errant bunker suppliers with Transocean Oil the latest to lose its bunker supplier and bunker craft licenses. Both companies. Ravish Chada employed as Bunker Trader with Dan-Bunkering in Singapore. The bunker craft operator licence of Universal Energy Pte Ltd will also not be renewed. To date, bunker sales at Singapore have drifted down by over 6% year-on-year. 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. In that role, he promoted and developed Singapore as the world’s top bunker port. 1012, ONE BKC, Wing C Bandra Kurla Complex, Bandra (East), Mumbai- 400051, Maharashtra, India. 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. “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. 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. 5% in January, the price of blending stocks to produce 0. net/Employment/successful-trial-of-blockchain-and-dna-based-marine-fuels-tracking-solution-article-1152. More than 30 oil tankers have anchored in the Malacca Strait off Singapore and Malaysia, according to Kpler, as traders stockpile fuel ahead of the biggest shake-up to the shipping industry in a. 91m) to boost liquefied natural gas (LNG) bunkering in the Port of Singapore. The bunker price page for port Singapore in Singapore displays latest bunker price at Singapore. Singapore Bunker Fuel Prices Today, IFO 380, IFO 180, MGO Prices per Ton, Live & Historical Price Charts. Watch CNA live. 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. As of Sept 25, IPP still holds a bunker fuel supplier licence in Singapore, according to the MPA's website. Sleep evades many in Singapore, partly because of the 24/7 economy and many distractions after dark. 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. Vermont UM Bunkering and one of. 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. Select ports also contain a price that is derived from actual bunker transactions taking place on the. Drewry and the ESC have defined and published a simplified BAF indexing mechanism and bunker charge guide to help shippers monitor and control. Seven suspects were arrested in a series of raids Thursday targeting the operators of the "Bulletproof. 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. Tsvetana is a writer for Oilprice. The Maritime and Port Authority of Singapore (MPA) has recently published a list of licensed bunker suppliers that are able to provide IMO 2020 compliant fuels in Singapore. The course is designed for newcomers, as well as existing shipping professionals who may have been in the industry for a while. , has awarded a time charter party for the provision of its first 7500 m3 LNG carrier. Bunker fuel is a type of liquid fuel which is fractionally distilled from crude oil. "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. According to the Maritime Port Authority of Singapore, Singapore is the number one bunkering port in the world since 1988 (in terms of volume of bunker fuel sold). RINGLE – A Wisconsin fugitive wanted on child sexual assault and child pornography charges hid out for more than three years in a makeshift bunker powered by solar panels and. On that archive page, just click on the blue hyperlinks and your audio player should play that episode. 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. 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. The physical supplier, that is now one of the largest suppliers in the Caribbean, will commence operations in Freeport from 1 June. 5% sulphur limit by the 1 January 2020 deadline. 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. 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. 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. The Maritime and Port Authority of Singapore (MPA) is investigating bunker craft operator Southernpec (Singapore) Pte Ltd for equipment tampering during a bunkering operation, the agency said in an email on Monday. SINGAPORE DATA: Sep bunker fuel sales fall 5% on year to 3. According to news reports, the bunkering services industry in Singapore was valued at RM2 billion (S$661 million) in 2017 but Malaysia’s market size is estimated to be at least three times that. The International Bunker Industry Association (IBIA) welcomes the efforts of the Maritime and Port Authority of Singapore (MPA) to ensure the integrity of the mass flow meter (MFM) systems that are mandatory for supply of marine fuel oil (MFO) in the port. Singapore reports all bunker barges ready for 2020. World’s leading independent tank storage company Vopak introduces new efficient and safe concurrent bunkering services at its Sebarok terminal in Singapore. To date, bunker sales at Singapore have drifted down by over 6% year-on-year. 18 hours ago · A huge former Nazi bunker in Hamburg, Germany is set to become a luxury hotel. The Oslo office is the company’s 8th location and aims to expand the reach of its main Norway office in Tønsberg. Bunker Holding is the parent company of a group of companies specialising in the purchase, sale and supply of fuel and lube oil to ships as well as risk management and associated services. ExxonMobil charters Singapore's first LNG-fueled bunker barge. A first milestone was reached by the IAPH Working Group on LNG Fuelled Vessels in 2014, when checklists for various modes of LNG bunkering were published. The International Bunker Industry Association (IBIA) welcomes the efforts of the Maritime and Port Authority of Singapore (MPA) to ensure the integrity of the mass flow meter (MFM) systems that are mandatory for supply of marine fuel oil (MFO) in the port. Glander International Bunkering (India) Private Limited Unit No. 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-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. Due to China's own regulation to cap sulfur content in bunker fuel at 0. Date Price +/-Low - High; 2019-10-14: 342. “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. The minister said this at an LNG bunkering demonstration held at Jurong Port on Tuesday by Pavilion Energy's unit. Already a subscriber?. The Maritime and Port Authority of Singapore has injected another S$12 million ($8. "Singapore and Fujairah [bunker] markets will move independently after 2020 depending on the fundamentals of each port,"a trader said. Yusope is Singaporean and joined Dan-Bunkering's Singapore office in 2015. 6 million mt in 2017, according to data from the Maritime and Port Authority of Singapore in January. The Maritime and Port Authority of Singapore (MPA) has played a key role in the initiatives to establish Singapore as an LNG bunker-ready port. They cover market activities throughout the area and serves as local partner for customers and suppliers based in Singapore. The MPA claims the use of a magnet to interfere with the mass flow meter breached terms and conditions. The strong month helped lift Singapore's 2018 marine fuel sales figures to the second highest on record, the data showed. Singapore reports all bunker barges ready for 2020. 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. Check bunker prices for main ports. 2% year on year to a record 50. 5% sulphur limit by the 1 January 2020 deadline. Loke admitted there were shortcomings of the current bunkering facilities in Malaysia. This Chapter is based on the second edition of the "Singapore bunkering procedure (for bunkers delivered by bunker barges/tankers to ships)", published by the Singapore Shipping Association (SSA) in association with the Maritime and Port Authority of Singapore (MPA) in 1992. 2012, my venture into mysterious & charming Vietnam allowed me to start my roots in bunkering in Vietnam. News emerged this week that the MPA has…. Hellenic Shipping News Worldwide Hellenic Shipping News Worldwide, Online Daily Newspaper on Hellenic and International Shipping. Sinanju Tankers Holdings Pte Ltd is a leading bunker tanker owner, operator and manager in Singapore. She is equipped with a 55m3 LNG tank paired with a fuel gas supply system on deck for engine propulsion. 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. In the contracted work, which has already commenced, Lloyd’s Register will identify technical specifications, LNG bunkering procedures, and development of crew competency for LNG bunkering in the Port of Singapore, to support Singapore in developing its ambitions to develop the capability and infrastructure to supply LNG as a fuel for ships. By Roslan Khasawneh 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. The Vessel is on track to commence deliveries of compliant marine fuels from Q1 2020. Keppel Corp said it entered into an agreement with Royal Dutch Shell to form a joint venture company, which will establish a LNG bunkering business in Singapore. This section contains information concerning different aspects of bunkering, including the service providers, standards, accreditation schemes, licence application guidelines, bunkering. 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. Argus provides commodity news and insights from around the world, illuminating the markets. KPI Bridge Oil Singapore Pte Ltd. net/Employment/successful-trial-of-blockchain-and-dna-based-marine-fuels-tracking-solution-article-1152. The Marine Vicky, named. 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. Wired Bunkering is no longer on Singapore's list of marine fuel suppliers. Check bunker prices for main ports. 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. The auction of these four bunker tankers will be watched with great interest by players in the Asian bunker tanker sector. 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. There's a change in our strategy, says head of new trading and marketing unit,. Sleep evades many in Singapore, partly because of the 24/7 economy and many distractions after dark. 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. An image of a chain link. He was PSA Bunkering Services Manager (1988-1996). Drewry and the ESC have defined and published a simplified BAF indexing mechanism and bunker charge guide to help shippers monitor and control. Singapore marine fuels sales in July totalled 3. 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. 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. LOCAL NEWS: Vopak offers new efficient LOCAL NEWS: Vopak offers new efficient concurrent bunkering services in Singapore 24 October 2017. Japan starts 0. SINGAPORE, Jan 19 (Reuters) - * Aegean Bunkering Pte Ltd on Friday said it had this week left the world's largest marine fuels market in Singapore after handing back its supply and craft operator. 1012, ONE BKC, Wing C Bandra Kurla Complex, Bandra (East), Mumbai- 400051, Maharashtra, India. SeaShipNews. 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. ' The existence of multiple government agencies with differently set rules for each branch further complicates the situation. News involving the industry and Market Reports. "Singapore and Fujairah [bunker] markets will move independently after 2020 depending on the fundamentals of each port,"a trader said. Glander International Bunkering, a leading bunker, lubricant trading and brokering firm welcomes Jacky Nguyen to the Singapore office as Bunker and Lubricant Trader. 2 million metric tons of bunker are reported to have been sold in 2015. Stay Tuned!. 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. 4 million metric tonnes of bunkers are reported to have been sold in 2014. 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. The company has replaced Sentek Marine & Trading as the biggest bunker supplier by volume. 8 million mt in 2018, according to data from the MPA. The Maritime and Port Authority of Singapore (MPA) has revoked the bunker craft operator licence of Inter-Pacific Petroleum, effective from 15 October. 5% sulphur limit by the 1 January 2020 deadline. Seven suspects were arrested in a series of raids Thursday targeting the operators of the "Bulletproof. Bunker One (Gulf of Mexico) SA is pleased to announce the newest addition to its Offshore US Gulf and Caribbean fleet, M/T Waltz. 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. SINGAPORE DATA: Sep bunker fuel sales fall 5% on year to 3. Argus provides commodity news and insights from around the world, illuminating the markets. Sinanju Tankers launches Singapore's first LNG-fuelled bunker tanker Singapore's first bunker tanker to run on liquefied natural gas signifies the momentum in the industry to adopt the clean-burning LNG as a marine fuel, says Maritime and Port Authority of Singapore chief executive Quah Ley Hoon. More information about the price reports we publish on Bunker oil. 91m) to boost liquefied natural gas (LNG) bunkering in the Port of Singapore. The Singapore bunker industry has formed a new group, the Association of Bunker Industry (Singapore) to address the needs of the industry. Pavilion Energy has performed the first commercial ship-to-ship LNG bunkering in the Port of Singapore. News emerged this week that the MPA has…. Unresponsive Crewmember Hoisted from Cargo Ship off Texas; Sovcomflot Receives Newest Arctic Shuttle Tanker; Ocean Yield Buys Ethylene Gas Carrier with Long-Term Charter. 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. "Singapore and Fujairah [bunker] markets will move independently after 2020 depending on the fundamentals of each port,"a trader said. The minister also unveiled a set of new guidelines and procedures for ship bunkering to ensure safety and efficiency in Singapore waters. a news aggregator on singapore from alternative sources. A total 49. Loke admitted there were shortcomings of the current bunkering facilities in Malaysia. Established in 2008, Monjasa's Singapore office in Southeast Asia houses a smaller team of bunker traders and colleagues in both compliance and finance. The International Bunker Industry Association (IBIA) welcomes the efforts of the Maritime and Port Authority of Singapore (MPA) to ensure the integrity of the mass flow meter (MFM) systems that are mandatory for supply of marine fuel oil (MFO) in the port. 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. Sleep evades many in Singapore, partly because of the 24/7 economy and many distractions after dark. 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. 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. Singapore-based Sinanju Tankers Holdings, via its logistics services arm, has sealed a two-year time charter agreement with ExxonMobil Asia Pacific for a newbuild dual-fuel bunker tanker, five. The International Maritime Organisation (IMO) is introducing new rules on marine fuels from 2020, limiting the sulphur content to 0. Glander International Bunkering (India) Private Limited Unit No. Tech start-ups could foster trade relations with India: Singapore minister S Iswaran. LEARN MORE. 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. The auction of these four bunker tankers will be watched with great interest by players in the Asian bunker tanker sector. Key decision makers from the shipping and marine fuels community will converge in the World’s Largest and most influential Bunkering Event. LNG Bunker Checklists. The MPA claims the use of a magnet to interfere with the mass flow meter breached terms and conditions. “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. Global shipping prices, market and other tanker information. 90 mil mt "People are increasingly taking more low sulfur bunker volumes and the market is generally expecting more demand," a trader said. Accessing the mops and bunkerwire price of FO/MGO, Paperswaps, and deals done. 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. The physical supplier, that is now one of the largest suppliers in the Caribbean, will commence operations in Freeport from 1 June. Ship & Bunker Prices include indications from select local and global physical bunker suppliers, traders, and brokers, as well as market place pricing from online bunker buying platform ClearLynx. Vermont UM Bunkering is a stakeholder of Vermont UM Shipping, according to information from Singapore's Accounting and Corporate Regulatory Authority (ACRA). Singapore is the world's largest bunkering hub with sales of 49. Due to China’s own regulation to cap sulfur content in bunker fuel at 0. Bunkering Singapore. 35 million mt sold in the same period in 2018. The minister said this at an LNG bunkering demonstration held at Jurong Port on Tuesday by Pavilion Energy's unit. 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. Oct 15 Cartagena Public Holiday - Day of Hommage for the late king Father (Norodom Sihanouk). As the largest bunkering port in the world, Singapore has implemented bunkering standards covering documentation, equipment, procedures, quality of bunker fuel supplied, etc. Drewry and the European Shippers' Council publish a bunker adjustment factor indexing mechanism for shippers' reference and guideline. Bunkering Singapore is a practical and comprehensive 5 day all-inclusive residential bunker training course being held in Singapore from 6th - 10th June 2011. MPA committed $12M for LNG-fuelled vessels. The availability, quality and pricing of fuel continue to take center stage and our showcase of key bunker markets will address market transparency concerns. “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. The following news was published by Singapore bunkering publication Manifold Times at 6:00pm (Singapore time) on Thursday 13 December. Please register your details to keep up-to-date with KPI Bridge Oil's latest markets news. 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. 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. The premium over the Mean of Platts Singapore 380 CST high sulfur fuel oil assessments struck a record high of $37. The termination of Inter-Pacific's licence. 2M) to put towards their LNGBV newbuildings as part of the MPA’s LNG Bunkering Pilot Programme. Namely, Singapore 380 cst bunker fuel stood at $209 per metric tonne (pmt) on Monday, according to data provided by Reuters. 5% sulfur in 2020" is now available. 78/mt at the Asian close on Monday, a brand new all-time high since Platts first published the bunker fuel assessments in 1990, according to S&P Global Platts data. MORE small-scale marine fuel traders and suppliers are being ensnared in an industry shake-up amid a fast changing business landscape that is signalling further consolidation ahead. , has awarded a time charter party for the provision of its first 7500 m3 LNG carrier. Supply Locations. "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. Welcome to Manifold Times. LNG Bunker Checklists. Three of the sources said there were problems with the amount of metals and concerns about the flashpoint, or the temperature at which vapours of the fuel oil will ignite, of some of the bunker supply, which impacts the ability to store the fuel onboard a vessel. Bunker oil news news and market information products from ICIS. 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. Cappuccino effect become negligible but bunkering market not fully embracing MFM Bunker fuel tank gauging still being used in Singapore despite flow meter implementation :: Lloyd's List We use cookies to improve your website experience. Loke admitted there were shortcomings of the current bunkering facilities in Malaysia. It is written by experienced bunker journalists and a team of highly-respected industry experts. I enjoy working in a fast pace environment, therefore working in the bunker industry enables me to face new challenges and tasks daily. Unresponsive Crewmember Hoisted from Cargo Ship off Texas; Sovcomflot Receives Newest Arctic Shuttle Tanker; Ocean Yield Buys Ethylene Gas Carrier with Long-Term Charter. 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. He was PSA Bunkering Services Manager (1988-1996). 8 million mt in 2018, according to data from the MPA. 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. The 5th Biennial LNG Bunkering 2019 conference is back during the most important time when industry is transitioning to IMO 2020. Just go to http://soldersmoke. This is being achieved through a partnership agreement with Singapore-based Triscorp. Seven suspects were arrested in a series of raids Thursday targeting the operators of the "Bulletproof. News about Singapore, including commentary and archival articles published in The New York Times. Ship & Bunker - News, Exclusive Features, Bunker Price Indications - The World's Most Read Publication for the Marine Fuels Industry. 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. A stylized letter F. The tanker will deliver ExxonMobil’s new low-sulphur marine fuels to ocean-going vessels within Singapore port limits, starting from the first quarter of. Bunker oil news news and market information products from ICIS. Read more >>. Keppel Offshore & Marine (Keppel O&M) named Singapore's first dual-fuel bunker vessel under construction at the Keppel Nantong shipyard in China. SINGAPORE, Jan 19 (Reuters) - * Aegean Bunkering Pte Ltd on Friday said it had this week left the world's largest marine fuels market in Singapore after handing back its supply and craft operator. Wired Bunkering is no longer on Singapore's list of marine fuel suppliers. 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. 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. 78/mt at the Asian close on Monday, a brand new all-time high since Platts first published the bunker fuel assessments in 1990, according to S&P Global Platts data. The Maritime and Port Authority of Singapore (MPA) is investigating bunker craft operator Southernpec (Singapore) Pte Ltd for equipment tampering during a bunkering operation, the agency said in an email on Monday. Singapore is one of the top bunkering ports in the world – 42. 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. 1012, ONE BKC, Wing C Bandra Kurla Complex, Bandra (East), Mumbai- 400051, Maharashtra, India. I was born in Singapore and have a BSc in Maritime Business and Maritime Law from University of Plymouth, UK. Read more >>. I enjoy working in a fast pace environment, therefore working in the bunker industry enables me to face new challenges and tasks daily. 6% lower than sales of 50. To check bunker prices for all the ports in Singapore click on Singapore. The Marine Vicky, named. The International Maritime Organisation (IMO) is introducing new rules on marine fuels from 2020, limiting the sulphur content to 0.