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IBIA welcomes news of Rotterdam’s plans to mandate MFMs

Rotterdam and Antwerp ports received a letter in July 2021 from 40 ship owners, bunker suppliers and others requesting MFMs to be made mandatory, says IBIA.

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The International Bunker Industry Association (IBIA) on Monday (31 October) released an announcement that it welcomed news the Port of Rotterdam appears to be moving toward making the use of mass flow meters (MFMs) mandatory for bunker deliveries:

“We believe this is a logical next step for the Port of Rotterdam, which introduced a license requirement for bunkering vessels operating under its jurisdiction on 1 February 2021,” said Unni Einemo, the Director of IBIA.

IBIA is very supportive of a move toward mandating MFMs not just in Rotterdam, but in all ports in the ARA region as well as other bunkering hubs around the world. It aligns with the goals of the Board of IBIA and the IBIA Bunker Licensing & MFM Working Group.

A survey created by the IBIA Bunker Licensing & MFM Working Group, which BIMCO takes part in, found strong industry support for bunker supplier licensing and more use of MFMs, which are seen as key tools for improving market conditions and reducing disputes between bunker suppliers and buyers.

IBIA has shared the results of the joint survey with press, on our website, in IBIA’s magazine World Bunkering and most recently in an information document co-sponsored by BIMCO submitted to the next meeting of the IMO’s Marine Environment Protection Committee. We did this to raise awareness among IMO Member States and stakeholders of the benefits of adopting effective bunker licencing programmes and MFM technology. (More information on THIS LINK)

The Port of Rotterdam has been working on improving conditions in its bunker market for years. The license requirement for bunkering vessels introduced in February 2021 was the outcome of a detailed consultation process with a full range of stakeholders, both local and international, including IBIA. Ron van Gelder, working as a senior adviser for the Harbour Master Division, has been key in this work. He explained to IBIA in a Q&A back in 2021 why MFMs were not part of the initial bunker barge license requirements. (More information on THIS LINK)  

This year, in the wake of the IBIA and BIMCO survey, the Harbour Master’s Division of Rotterdam and the Port of Antwerp commissioned the independent research and consultancy CE Delft to investigate alleged problems with the quantity of fuel supplied in these ports and make recommendations for how to solve it. Both ports also received a letter in July 2021 from 40 ship owners, bunker barge operators/transporters and bunker suppliers requesting MFMs to be made mandatory. IBIA supported this research effort by sharing information and a link to the survey conducted by CE Delft with our members.

IBIA understands that the final report from CE Delft will be ready soon and hopes that Antwerp will also move toward mandating MFM on barges operating in the major Belgian port.

IBIA realises that mandating MFMs will be a bigger financial burden for bunker suppliers in the ARA region than it was in Singapore, where the Maritime and Port Authority provided financial support covering half the cost of installing the mass flow metres.

But estimates suggest the extra cost associated with installing an MFM per tonne of bunkers delivered is minimal. Moreover, the use of MFMs improves efficiency because it saves time compared to traditional manual measurements, thereby enabling higher supply turnover for each bunker barge.

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Einemo observes: “In Singapore, they have estimated time savings ranging from one to four hours for each bunkering operation. These operational benefits and reduced manpower time, as well as time and cost savings thanks to less time and resources spent on dispute resolution, have the potential to make up for the cost of installing and certifying MFMs within a relatively short time.”

Figures from a study published by Enterprise Singapore in 2020 estimated that the implementation of TR 48 had resulted in an estimated potential annual saving of US$59.3 to US$146.6 million for the Singapore bunkering ecosystem, mainly due to efficiency gains (66.3% -76.0%) but also savings on time and resources associated with quantity disputes (33.9% – 25.6%).

TR 48 was the precursor to Singapore’s SS 648 standard which covers the requirements of bunker quantity measurement using a Coriolis MFM system. These requirements include metering system qualification, installation, testing, procedures, and documentation for bunker custody transfers.

Bunker licencing and MFMs are among the topics up for discussion at the IBIA Annual Convention 2022 which will be held in Houston on November 15-17. The event will start with a welcome reception followed by a series of keynote speeches, presentations, panel sessions and networking opportunities over the following two days. For more information, refer to the IBIA Convention website on THIS LINK or contact IBIA’s events team via Tahra Sergeant at [email protected].

Photo credit: IBIA
Published: 1 November, 2022

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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.

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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

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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.

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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

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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.

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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

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