Latest News
26 Sep 2022
Argus Media: Volatility rocks Singapore gasoil bunker prices
Uncertainty regarding supply availability and demand, amongst others, is leading to price swings in gasoil cargo prices and also delivered LSMGO bunker prices in Singapore.
26 Sep 2022
Singapore: Annual general meetings set for Dong Nan Tankers
Annual general meetings of companies/creditors will be held electronically on 18 October for the company, according to Government Gazette notices on 23 September.
Singapore: Diamond Star Shipping Pte. Ltd. to be wound up voluntarily
Notice was also given to creditors of the company to send their names and addresses and full particulars of their debts or claims to the company’s liquidator on or before 24 October 2022.
26 Sep 2022
China: Bunker vessel “Xin Ao Pu Tuo Hao” to load LNG bunker fuel cargo in Zhoushan
Ship will be loaded with 8,000 cubic metres of LNG at Zhoushan Xin'ao LNG Terminal before heading to Shenzhen Yantian Port for LNG bunkering operations.
26 Sep 2022
SEA-LNG calls UCL report on LNG capable ships ‘a flawed academic exercise, detached from reality’
Paper ignores fact that LNG dual fuel engines already provide ship owners with insurance against stranded assets, says the global multi-sector industry coalition.
26 Sep 2022
Furetank orders two more LNG dual-fuel tankers in the climate friendly Vinga series
Vinga vessels are capable of running on LNG/LBG bunker fuel; designed with a battery hybrid solution and several features that reduce fuel and energy consumption.
26 Sep 2022
Canada and United Arab Emirates first to back maritime sector’s green bunker fuel initiative
Clean Energy Marine Hubs Initiative is backed by more than 150 CEOs and government representatives, who voted to take forward plans for its creation at an ICS summit in June this year.
26 Sep 2022Featured News
Singapore: Last call to join available flights for IBIA’s charity golf event at SICC during SIBCON 2022!
Captain Segar, MPA Assistant Chief Executive, Operations, to be also joining IBIA for the game where proceeds will be channelled into an IBIA Bursary Fund for supporting students to obtain a maritime studies degree.
Singapore: Consort Bunkers welcomes first of seven 7,999 dwt ‘K’ series newbuild bunker tankers to bunkering fleet
‘Consort Bunkers will be operating the youngest bunkering fleet in Singapore after complete delivery of the ‘K’ series vessels by late-2023,’ Mr SK Yeo, Founder of Consort Bunkers, tells Manifold Times.
Singapore: “Ore Shangdong” owner in damages claim against PetroChina International over off-spec marine fuel
‘Vessel suffered inter alia damage to her engines as well as other losses and expenses, including but not limited to salvage costs, costs of repairs and time lost,’ states legal document obtained by Manifold Times.
Bunker claim case against ‘Lila Shanghai’ owner at U.S. Court of Appeals ends; Judge left with ‘feeling of unease’
‘It is undisputed that Sing Fuels furnished fuel in Port Elizabeth that enabled the M/V Lila Shanghai to continue on its way […] and it is undisputed that Sing Fuels was never paid for this fuel,’ states Judge.
Inter-Pacific Petroleum JMs to question former auditors over USD 90 million Mercuria Energy invoice discrepancy
JMs wanted to confirm if both of IPP’s former auditors ‘were reasonably assured that its assessment that the receivables owed by Mercuria Energy were not in any way doubtful’, according to court documents.
Shell MGO bunker heist: Former Intertek, Inspectorate surveyors receive fines, jail sentences
A Duraisamy received a SGD 42,870.60 fine and 10-month jail sentence while Lee Been Lian was fined SGD 6,795 and received a two-month jail term due to offences under the Prevention of Corruption Act.
Expert's Opinion
Marine fuel quality: Where do we go from here?
The issue of contaminated marine fuel within the bunkering sector will likely to continue past 2020, forecasts the Group Managing Director of Veritas Petroleum Services.
Traditional bunker price reporting is transitioning to a new era
Bunker price assessments are keeping up with shipping’s change to a low carbon future, informs the Deputy Editor, Marine Fuels at Argus Media.
De-bunkering specialist: Choosing the right pump for the job
Relying on vessel pumps to extract contaminated marine fuel from bunker tanks, though convenient, might be a bad choice, explains the Director of Pro Liquid.
Positive influence: Additives potential ‘lifesavers’ for off-spec VLSFOs
TSP, cat fines, and water content are parameters which marine fuel additives can positively influence to save an otherwise off-spec product, shares the Technical Manager (APAC) of Aderco.
After Hin Leong, Is Singapore Still A Premier Commodity Trading Hub?
Murmurings of recent commodity trading incidents suggest an impact on Singapore’s ability to attract commodity traders. The MD of Helmsman LLC examines if this is true.
SNP broker tells: Why the premium for bunker tankers?
Ever wonder why bunkering vessels are 20 to 30% more expensive than their conventional oil tanker cousins? The Managing Director of Sovereign Shipping Global explains.
Maritime consultancy: Global interest in MFMs picking up
Adoption of MFM systems have caught the attention of bunker players in China, Hong Kong, Taiwan, Fujairah, Gibraltar and Greece, says Metcore’s Managing Director.
Marine fuel additives: A drop-in solution for IMO 2020 fuels
Infineum additives can positively influence TSP and TSA to improve stability and compatibility of treated fuel, shares its Marine Fuel Additive Business Development Manager.
Singapore bunker contamination different from earlier Houston cases
‘Irreversible damage’ inflicted to vessel engine components due to hydrochloric acid exposure, explains the General Manager of Eurofins Singapore.
Mysterious engine damages Post IMO 2020 caused by VLSFO?
Poor combustion affects between 4-20% of the worldwide fleet and stems ultimately from the source of bunker fuel, shares the Marine Regional Sales Manager Asia Pacific of Innospec.
