All Business News
Singapore: Over 10,000 maritime frontliners to receive Covid-19 vaccine by end January
MPA reported it has received about 6,000 registrations this week and more than 700 personnel have been vaccinated in past few days to prepare for the roll out.
Jan 19 2021
NewOcean proposal to adjourn court scheme meeting approved by creditors
Adjournment was proposed as NewOcean has been in ongoing discussions with creditors, which may have implications over the terms stated in the scheme.
Jan 19 2021
Panama bunker fuel sales volume falls by 19.8% on year in December 2020
Total bunker sales at Panama was 413,2130 metric tonnes (mt) in December 2020, compared to sales of 515,128 mt during the similar period in 2019.
Jan 19 2021
Chevron lubricant offers solution to abnormal liner wear caused by VLSFO
Some ships reported build-up of red deposits on piston crowns and top edges, since the switch to VLSFO particularly on older two-stroke marine engines, it said.
Jan 19 2021
MOL refutes ‘seriously flawed conclusions’ made in Forbes Wakashio article
There are numerous factual inaccuracies throughout the article in relation to MOL and other organisations and evidence or justification, it said.
Jan 19 2021
Petrochina officiates first bunkering operation at Zhoushan Shulan-Hubei anchorage
New anchorage boasts many advantages as the closest natural deep water location to the Yangtze River Estuary and is exempt from tonnage tax for foreign vessels.
Jan 18 2021
Hong Kong: Bunkering industry rallies for financial relief and relaxed Covid-19 measures
Bunker sales volume has fallen by 70% and the industry has staged a protest to rally for financial aid and more reasonable Covid-19 safety measures, reports RTHK.
Jan 18 2021
Aquametro to supply additional bunker monitoring systems at Ningbo-Zhoushan port
The order builds upon previous contracts placed by the port in 2020; delivery and commissioning of the systems on four tugs are expected in July 2021.
Jan 18 2021
BP denounces ‘baseless allegations’ of any involvement in ‘MV Wakashio’ oil spill
BP Singapore supplied VLSFO to grounded vessel MV Wakashio in July and that ‘is the limit of BP’s involvement with the vessel and the voyage in question’.
Jan 18 2021
Danica warns against increasing crew change complications as Covid-19 variants emerge
‘When a country has a citizen dying every minute from Covid-19, then a handful of seafarers of foreign nationality left on a vessel are not a high priority ,’ said MD.
Jan 18 2021
Singapore: MPA enhances measures to protect shore-based personnel against Covid-19
Given the evolving COVID-19 situation internationally, MPA has enhanced its safety measures and will prioritise relevant shore-based personnel for vaccination.
Jan 15 2021
Argus Media: Trafigura to enter China’s Zhoushan bunker market
Trafigura is the latest international company to enter the Zhoushan market and it has been awarded its license without needing to team up with a Chinese firm.
Jan 15 2021
MEBC21 bunkering event to center on post-pandemic recovery of marine fuels market
MEBC21 held on 26 to 27 January is free to access for delegates worldwide and will explore the theme of ‘building resilience in a challenging market’.
Jan 14 2021
Exclusive: Singapore top bunker suppliers reveal estimated sales volume for 2020
The top three positive movers in the 2020 bunker supplier list are Hong Lam Fuels Pte Ltd (+13); Chevron Singapore Pte Ltd (+12); and SK Energy International (+8), according to MPA list.
Jan 14 2021
JLC China Bunker Market Monthly Report (December, 2020)
Bunker demand in China increased amid bullish sentiments on transport demand and higher bunker prices; suppliers also offered discounts to boost sales for the year end.
Jan 14 2021
Singapore: Marine fuel sales dipped by 3.9% on year in December
In total, 4.29 million mt of various bunker fuels were sold at the republic in December, less than 4.47 million mt recorded during December 2019.
Jan 14 2021
Singapore: MPA reports 2020 bunker sales volume increased by 5% despite pandemic
In general, the Port of Singapore’s performance stood resilient throughout 2020 with bunker sales amounting to 49.8 million tonnes at a 5% year-on-year increase.
Jan 14 2021
CTI Group-Maritec integration complete, new testing facility set to open in Shanghai
‘Maritec is the only dedicated one-stop-shop capable of meeting all of the maritime industry’s fluid and materials testing, analysis and certification requirements,’ it said.
Jan 14 2021
U.S. first offshore LNG ATB ‘Q-LNG 4000’ now ready for operations with Shell Trading
Vessel is designed to provide ship-to-ship transfers of LNG to vessels and ship-to-shore transfers to
small scale marine distribution infrastructure along southeast U.S. coast.
Aon launches bunker fuel price insurance to safeguard customers against price volatility
Policy will cover the difference between the agreed price and the higher price, paid out monthly, to help companies manage their fuel cost exposure, it said.
Jan 13 2021
Orim Energy welcomes Maurice Elfrink as Head of Bunkering to achieve growth
Elfrink, previously COO at another bunkering company, will be responsible for extending Orim Energy’s bunkering activities in the ARA region and Malta.
Jan 13 2021
