Business

Indonesia: Krakatau International Port to offer bunkering services at Sunda Strait

Collaboration with Pertamina Patra Niaga to provide low sulphur 180 cSt fuel oil at Indonesia’s Sunda Strait will benefit country, says minister.

Published

5 years ago

August 5, 2021

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Representatives of PT Krakatau Bandar Samudera (Krakatau International Port) and PT Pertamina Patra Niaga on Wednesday (4 August) entered into a Memorandum of Understanding (MOU) to establish bunkering services providing low sulphur 180 cSt fuel oil at the Sunda Strait in Indonesia.

The signing of the MOU was carried out at the Office of the Coordinating Ministry for Maritime Affairs and Investment (Kemenko Marves).

CEO of Krakatau International Port, Akbar Djohan, said the bunkering service for marine fuel oil by Krakatau International Port is a strategic step to strengthen Indonesia as a maritime axis, especially in the Sunda Strait.

“This collaboration is Krakatau International Port’s commitment to provide the best service, especially serving ships crossing the waters of the Sunda Strait who want to refuel,” said Akbar.

Deputy for Coordination of Maritime Sovereignty and Energy at the Coordinating Ministry for Maritime Affairs, Basilio Dias Araujo, said the MOU is a realisation of Indonesia’s commitment to create and improve bunkering services for marine fuel oil (MFO) at various strategic ports in Indonesia.

“MFO with a sulphur content of a maximum of 0.5% mass by mass (m/m) is a ship fuel that is in accordance with the International Maritime Organization (IMO) mandate regarding ship fuel with a maximum sulphur content of 0.5% wt which is effective from 1 January 2020,” explained Deputy Basilio.

Deputy Basilio estimated US$173 billion worth of opportunities are available from bunkering services, crew change, and logistics provision for ships passing through the Malacca Strait, Singapore Strait, Sunda Strait, and Lombok Strait.

Referencing data for 2020, he pointed out the number of vessels passing along the Sunda Strait to be 53,068 ships (with 150 ships passing per day), while traffic at the Malacca Strait and Singapore Straits was around 120,000 ships (with 350 ships passing per day in the Malacca Strait).

“We have prepared hot spots for several strategic ports along these straits with this MFO business,” said Deputy Basilio.

“We believe that this collaboration can increase state revenues and extraordinary benefits, especially for state revenue, public welfare, and most importantly Indonesia is ready and able to provide MFO services in our strategic waters.

“In the future, ports in Indonesia will be able to provide the best service and compete with other neighbouring countries.”

PT Pertamina Patra Niaga Marketing and Commercial Director, Hasto Wibowo, said he welcomed the collaboration.

“The spirit of this program must be started immediately, it is hoped that in the next 6-12 months there will be many ocean going ships bunkering at KIP [Krakatau International Port],” he said.

Photo credit: Krakatau International Port
Published: 5 August, 2021

Winding up

Singapore: Notice of intended dividend issued for Xihe Holdings’ subsidiaries

Creditors will need to produce proofs of debt to liquidators of Da Xin Tankers and Nan Chiau Maritime by 5 August, according to Government Gazette notice.

Published

1 hour ago

July 23, 2026

Admin

Two notices to declare the intended dividend of Xihe Holdings’ subsidiaries to their creditors have been posted on the Government Gazette on Wednesday (22 July).

The subsidiaries are Da Xin Tankers Pte Ltd and Nan Chiau Maritime Pte Ltd.

The following are the details of the notices of intended dividend:

Name of Company : Da Xin Tankers (Pte) Ltd (In Creditors’ Voluntary Liquidation)
Unique Entity No. / Registration No. : 198400895W
Address of Registered Office : c/o Grant Thornton Singapore Private Limited, 8 Marina View, #40-04/05 Asia Square Tower 1, Singapore 018960
Last Day for Receiving Proofs : 5 August 2026 at 5:00 pm by email to [email protected]
Name of Liquidators : Paresh Tribhovan Jotangia and Ho May Kee
Address : c/o Grant Thornton Singapore Private Limited, 8 Marina View, #40-04/05 Asia Square Tower 1, Singapore 018960

Name of Company : Nan Chiau Maritime (Pte.) Ltd. (In Creditors’ Voluntary Liquidation)
Unique Entity No. / Registration No.: 200814296Z
Address of Registered Office : c/o Grant Thornton Singapore Private Limited, 8 Marina View, #40-04/05 Asia Square Tower 1, Singapore 018960
Last Day for Receiving Proofs : 5 August 2026 at 5:00 pm by email to [email protected]
Name of Liquidators : Paresh Tribhovan Jotangia and Ho May Kee
Address : c/o Grant Thornton Singapore Private Limited, 8 Marina View, #40-04/05 Asia Square Tower 1, Singapore 018960

Photo credit: steve pb from Pixabay
Published: 23 July, 2026

Biofuel

South Korea: S-Oil launches B30-VLSFO bio bunker fuel supply

Company says it has established an integrated operating system in the Ulsan region covering the entire value chain, from feedstock procurement and blending to supply.

Published

2 hours ago

July 23, 2026

Admin

South Korea: S-Oil launches B30-VLSFO bio bunker fuel supply

South Korean petroleum and refining company S-Oil on Wednesday (22 July) said it has started supplying B30 very low sulphur fuel oil (VLSFO), as the company seeks to support shipping’s decarbonisation efforts and growing demand for lower-carbon bunker fuels.

The company said its B30 VLSFO contains 30% sustainable biofuel blended with conventional VLSFO and can be used without requiring modifications to existing vessels, enabling shipowners to comply more readily with emissions regulations from the International Maritime Organization (IMO) and the European Union (EU).

S-Oil said it has established an integrated operating system in the Ulsan region covering the entire value chain, from feedstock procurement and blending to supply. The system combines VLSFO produced at its Onsan refinery with biofuel production facilities and storage infrastructure in the Ulsan region, allowing the entire process to be carried out within a single logistics hub.

According to the company, the integrated supply chain reduces transportation requirements during production while improving supply efficiency and reliability.

S-Oil also highlighted Ulsan Port as a strategic location for marine biofuel supply, noting the port has strong demand for bio-bunker fuels, particularly from car carriers, enabling prompt and stable deliveries to key customers.

An S-Oil official stated: “In the bio-marine fuel market, not only product quality but also securing a stable supply of raw materials and an efficient supply system are important competitive advantages.

“Based on our existing bunkering business capabilities and the excellent supply infrastructure in the Onsan area, we plan to supply stable and competitive low-carbon fuel.”

Photo credit: S-Oil
Published: 23 July, 2026

Decarbonisation

Yang Ming and PSA to develop integrated sea-land decarbonisation solutions

Both will explore solutions spanning emissions measurement and verification, a digital Book-and-Claim framework, and a joint maritime-land inset token package.

Published

2 hours ago

July 23, 2026

Admin

Yang Ming and PSA to develop integrated sea-land decarbonisation solutions

PSA International (PSA) on Monday (20 July) said it has signed a Memorandum of Understanding (MoU) with Yang Ming Marine Transport Corporation (Yang Ming) to jointly accelerate the adoption of low-carbon solutions across the maritime value chain.

Beyond emissions measurement and verification, the collaboration will focus on a digital Book-and-Claim framework and a joint maritime-land based inset token package.

“This synergy provides cargo stakeholders with a transparent and accountable sea-land pathway to achieve their decarbonisation targets,” PSA said on its website.

Yang Ming launched the green transport service, EcoSea+. This initiative integrates Yang Ming’s low-carbon navigation capabilities to empower customers with a flexible and transparent strategy to effectively reduce their Scope 3 transportation emissions. By joining forces with PSA, Yang Ming is able to expand the impact of these sustainability actions beyond the ocean.

Building on its position as a global port operator, PSA advances its Node to Network strategy through integrated port and supply chain capabilities that enable a green network of terminal and landside operations to reduce end-to-end supply chain emissions.

The agreement was officially signed by Mr Ivan Chiang, Chief Logistics Officer & Senior Vice President of Yang Ming, and Mr Eddy Ng, Group Head of Operations, Technology and Sustainability of PSA International.

Mr Ong Kim Pong, PSA International Group CEO, said, “As responsible stewards of tomorrow, PSA is committed to delivering sustainable impact across the global port and supply chain ecosystem.

“Tackling the challenges arising from climate change will require the collective efforts of all players in the maritime supply chain sector. We are excited to partner Yang Ming on the decarbonisation of global supply chains and support the transition towards a more sustainable global economy.”

Photo credit: PSA International
Published: 23 July, 2026