Connect with us

Business

IBIA welcomes mandatory bunker measuring systems in major ARA ports and calls for more ports to follow suit

IBIA Bunker Licensing & MFM Working Group will continue to push for adoption of bunker licensing and uptake of MFM in other areas, especially major bunkering hubs.

Admin

Published

on

IBIA

The International Bunker Industry Association (IBIA) on Friday (6 January) released an announcement that it welcomed news on the move for mandatory bunker measuring system (BMS) to be used for bunker supply vessels operating in Rotterdam, Antwerp and Zeebrugge and encourage other ports to follow suit:

Port authorities have taken an important step toward improving transparency and reliability in the ARA bunker market by agreeing to mandate the use of a bunker measuring system (BMS) for bunker supply vessels operating in Rotterdam, Antwerp and Zeebrugge.

The decision follows an independent study, through interviews and surveys, undertaken by CE Delft for all three ports. The CE Delft study outcome is similar to the findings of an extensive survey undertaken by IBIA and BIMCO in the first half of 2022, which found strong industry support for bunker supplier licensing and more use of mass flow meters (MFMs). These are seen as key tools for improving market conditions and reducing disputes between bunker suppliers and buyers. The survey was created by the IBIA Bunker Licensing & MFM Working Group, which representatives from both port authorities have taken part in.

The Port of Rotterdam Authority and the Antwerp-Bruges Port Authority, which commissioned the CE Delft study, said the study showed “regular quantity issues”. They said that 65% of stakeholders interviewed and over 90% of survey respondents saw the introduction of the mandatory use of an official bunker measuring system on board bunker vessels as a solution to quantity problems.

IBIA supported the additional research effort by the port authorities by sharing information, and a link to the survey conducted by CE Delft, with our members.

“The ports have taken onboard complaints from various parties about regular bunker quantity irregularities. The result of the study into to the extent and nature of these complaints has given them impetus to act. IBIA applauds their decision and calls for other relevant authorities to follow suit,” says Unni Einemo, Director of IBIA.

During the first half of 2023, the port authorities will evaluate and identify suitable bunker measuring systems for the new requirement. They will also determine an “ambitious yet realistic deadline” for when it will become mandatory to use an approved BMS during bunkering operations in Rotterdam, Antwerp and Zeebrugge to give companies time to adapt to the new measure. The requirement will be included in the licence for bunker fuel suppliers.

According to the press release announcing their decision, 40 out of 170 bunker vessels currently operating in Rotterdam, Antwerp and Zeebrugge are equipped with a BMS. Some of these are mass flow meters (MFMs) of the type that are mandatory for bunker deliveries in Singapore. Others are volumetric flow meters.

IBIA has learnt that the BMS systems will need to be certified and comply with OIML regulations to be approved under the new requirement. OIML, the International Organization of Legal Metrology, enables standardisation when developing technical regulations.

Einemo concluded: “The introduction of certified and standardised bunker measuring systems as a requirement for bunker supply operations in Rotterdam, Antwerp and Zeebrugge should help to significantly reduce quantity issues and boost confidence in these ports’ bunkering services, which are already among the most efficient in the world. This should further improve efficiency and create a more level playing field for bunker companies in these ports.”

The IBIA Bunker Licensing & MFM Working Group will continue to push for adoption of bunker licensing and uptake of MFM in other areas, in particular major bunkering hubs where such measures will have the most impact.

Related: Bunker fuel measuring system to be made mandatory in Antwerp, Zeebrugge and Rotterdam
Related: Rotterdam keen to improve its bunkering sector, is hot on the heels of Singapore’s MFM mandatory adoption
Related: IBIA welcomes news of Rotterdam’s plans to mandate MFMs

 

Photo credit: IBIA
Published: 9 January, 2023

Continue Reading

Legal

Singapore withdraws remaining 127 charges against Hin Leong founder OK Lim

Lim Oon Kuin, also known as OK Lim, was issued a stern warning and a district court granted him a discharge amounting to an acquittal for these charges on 17 July.

Admin

Published

on

By

RESIZED Sora Shimazaki on Pexels

Founder of collapsed oil trader Hin Leong Trading, Lim Oon Kuin, also known as OK Lim, has had the remaining 127 charges against him withdrawn, according to The Straits Times on Monday (20 July). 

OK Lim was issued a stern warning and a district court granted him a discharge amounting to an acquittal for these charges, including those for cheating, on 17 July. The discharge means Lim cannot be prosecuted again for the same offences.

Lim, 84, is currently serving a 13½-year prison sentence after the High Court reduced his original 17½-year jail term in March 2026. He was convicted in 2024 on two cheating charges and one count of abetting forgery in a case prosecutors described as one of Singapore’s most serious trade finance frauds.

Lim was convicted in May 2024 of two charges of cheating the Hongkong and Shanghai Banking Corporation (HSBC) and one count of abetting forgery that proceeded to trial out of a total of 130 criminal charges.

He was first charged in court on 14 August 2020, and was subsequently handed further charges in court on 25 September 2020, 30 April 2021 and 24 June 2021 for his role in perpetuating fraud on various financial institutions. 

A total of 130 charges were eventually brought against him for cheating and forgery-related offences.

Related: Singapore: Hin Leong Founder OK Lim gets jail term slashed to 13.5 years

 

Photo credit: Sora Shimazaki
Published: 21 July, 2026

Continue Reading

Winding up

Singapore: Coastal Logistics Pte Ltd to be wound up voluntarily

Coastal Logistics was reportedly affiliated with troubled Singapore bunker player Coastal Oil (Singapore) Pte Ltd.

Admin

Published

on

By

RESIZED Drew Beamer

Several resolutions for Coastal Logistics Pte Ltd were made during an extraordinary general meeting held on 14 July, according to a notice in the Government Gazette on Friday (4 July).

The following resolutions were duly passed during the meeting:

As Special Resolution

  • That it has been proved to the satisfaction of the meeting that the Company cannot by reason of its liabilities continue its business and accordingly the Company be wound up voluntarily pursuant to Section 160(1)(b) of the Insolvency, Restructuring and Dissolution Act 2018 (No. 40 of 2018);

As Ordinary Resolutions

  • that Mr. Wong Pheng Cheong Martin and Ms. Koay May Yee, both care of FTI Consulting (Singapore) Pte Ltd, One Raffles Quay, #27-10 South Tower, Singapore 048583 be appointed as the joint and several Liquidators of the Company for the purpose of such winding up; and
  • that the Liquidators be at liberty to open, maintain and operate any bank account(s) or account(s) for monies received by them as Liquidators with such bank(s) as they deem fit; and
  • that a Committee of Inspection will not be formed.

Manifold Times previously reported Nicholas James Gronow, director of Heng Tong Fuels & Shipping and Coastal Logistics, filed statutory declarations for both companies stating the firms cannot continue their businesses due to liabilities.

Both companies were reportedly affiliated with troubled Singapore bunker player Coastal Oil (Singapore) Pte Ltd. 

In 2019, several vessels owned by both firms entered the sale & purchase (S&P) market in Singapore.

Related: Singapore: Director declares Heng Tong Fuels & Shipping’s inability to continue business
Related: Heng Tong Fuels & Shipping in court over DBS Bank bunker tanker loan
Related: Singapore: Bunker tanker “Coastal Neptune” arrested
Related: Heng Tong Fuels & Shipping, Coastal Logistics tankers enter S&P market

 

Photo credit: Drew Beamer
Published: 21 July, 2026

Continue Reading

LNG Bunkering

PIL’s LNG dual-fuel boxship “Kota Elok” arrives in Singapore on maiden call

As the first of 13 new 13,000 TEU vessels joining its fleet, Kota Elok is equipped to operate on LNG and low-sulphur fuel oil that helps reduce our greenhouse gas emissions.

Admin

Published

on

By

PIL's LNG dual-fuel boxship “Kota Elok” arrives in Singapore on maiden call

Singapore-based Pacific International Lines Pte Ltd on Monday (20 July) said its first 13,000 TEU LNG dual-fuel container vessel, Kota Elok, recently made her maiden call to Singapore on 15 July.

As the first of 13 new 13,000 TEU vessels joining its fleet, Kota Elok is equipped to operate on liquefied natural gas (LNG) and low-sulphur fuel oil that helps reduce our greenhouse gas emissions. 

The vessel also incorporated energy-saving features and digital technologies to reduce fuel consumption and enhance operational performance, as well as a bow windshield to improve aerodynamics, contributing to improved fuel efficiency and lower emissions over the course of long-haul voyages.

“Following Singapore, Kota Elok will continue her voyage on our East Coast Service 1 (ES1) route to South America, calling at ports in Brazil, Uruguay, and Argentina before returning to Asia,” the company said in a social media post. 

Kota Elok also became PIL’s first vessel to receive Lloyd’s Register certification for compliance with the IACS UR E26 and UR E27 cyber security requirements.

Developed by the International Association of Classification Societies (IACS), UR E26 and UR E27 are mandatory cyber resilience requirements for newbuild vessels contracted from 1 July 2024. 

 

Photo credit: Pacific International Lines
Published: 21 July, 2026

Continue Reading

Trending