Singapore: President of Equatorial Marine Fuel Management Services receives ‘Industry Icon Award’

Business

Published Fri, 1st December 2023
by Admin

‘First and foremost, I would like to thank my wife, who has been with me throughout the entire journey. I would also like to thank my team at Equatorial,’ expressed Mr Choong Kien Siong.

The President of Singapore’s top bunker supplier Equatorial Marine Fuel Management Services Pte Ltd (EMF) on Wednesday (29 November) received the ‘Industry Icon Award’ at the inaugural Marine Fuels 360 Awards 2023 Gala Dinner.

Mr Choong Kien Siong was pleased with the recognition and delivered the following speech:

“It is my great honour to receive this prestigious award. First and foremost, I would like to thank my wife, who has been with me throughout the entire journey. I would also like to thank my team at Equatorial,” he expressed.

“It is together with my wife and our team that we managed to make Equatorial to what it is today. Also, a big thank you to Informa for organising this amazing event.

“There have been so many changes since I first stepped into this industry. Over the years, I have seen Singapore grow into the top maritime and bunkering hub.

“Along the way, I have made many wonderful friends and memories. Today, the industry continues to face new challenges and opportunities. Digitalisation and decarbonisation are the two big things which I have asked the younger generation to embrace seriously.

“As the world becomes more and more complex, adoption of technology is a must to handle such complexities. At the same time, we are responsible for the world that our future generations will be living in.

“One thing that will not change is Equatorial’s commitment toward providing top quality services. We will continue to do our best and ensure that we provide reliable and quality service to the industry.”

The EMF office underwent a flurry of activities during the second half of 2023. The period saw EMF launching a sustainable energy business unit while conducting its first biofuel bunker sale and delivery in the Port of Singapore.

In November, EMF built upon an earlier development by working with CMS to exchange carbon credits and Proof of Sustainability certificates for a bunker fuel transaction on the SGTraDex platform.

Manifold Times in late November reported EMF placing orders for four 7,999 dwt IMO Type II Chemical and Oil Tankers that will be used as bunker tankers at the Port of Singapore.

The Maritime and Port Authority of Singapore (MPA) recorded EMF as the top bunker supplier (by volume) in 2022.

Photo credit: Informa
Published: 1 December 2023

Singapore: President of Equatorial Marine Fuel Management Services receives ‘Industry Icon Award’

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