Trading firms Mercuria, Trafigura and GP Global have applied for bunker supplier licenses with the Maritime and Port Authority of Singapore (MPA), reports Reuters.
Applications for the license to the MPA closed at the end of January and two China-based companies have also purportedly submitted their applications.
A Mercuria source confirmed to Reuters the company has applied for a license. Trafigura declined to comment on the matter and GP Global, along with the MPA did not respond to comment requests.
According to the MPA website, companies must now apply for both bunker supplier and bunker craft operator licenses.
Applicants must also possess and operate a minimum of two dual fuel bunker tankers that run on dual-fuel technology.
Photo Credit: Maritime and Port Authority of Singapore
Published: 6 February, 2020
Uncertainty about the economic life of a ship ordered today that has to operate in a future world with uncertain regulations affects asset investment, said President.
Declaration targeting a ‘carbon-neutral and zero pollution’ maritime sector was signed in an informal meeting; draft to be presented at next full council meeting.
Members will be able to access vital fuel quality parameters such as viscosity, density, sulphur content, instability, etc. derived from observed average values, it said.
All departments of the organisation were involved in preparations at varying levels and a tailormade IMO 2020 in-house training program was rolled out, it said.
‘We look forward to continuing our commercial relationship and working together,’ says Paul Bradshaw.
To date, a total 1.9 million mt of marine fuel has been sold at Zhoushan port since January this year, show data.
The COVID-19 pandemic continues to evolve and MPA is working closely with other agencies to monitor the situation, both globally and in Singapore, the port authority tells Manifold Times.
Caroline Yang, President of SSA, addresses issues earlier raised by players; including PMC No. 04, the seven-day restriction, contactless bunkering, sampling point, hose connection, and more.
IBIA Asia, ABIS, sources from Singapore’s bunkering and surveying companies, and an industry veteran share with Manifold Times the issues expected from MPA’s latest Covid-19 measures.
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.
‘We will operate in the Singapore bunkering market from the Tokyo, with support from local staff at Sumitomo Corporation Singapore,’ source tells Manifold Times.
Changes include abolishing advance declaration of bunkers as dangerous cargo, reducing pilotage fees on vessels receiving bunkers, and a ‘whitelist’ system for bunker tankers.
