Alexander Prokopakis, CEO of global liquified natural gas (LNG) bunkering supplier Probunkers Holding on Wednesday (6 January) published a message to its stakeholders illustrating how the company strategised to overcome challenges in 2020 and how the LNG bunkering industry has evolved over the past year:
The much-discussed 2020, originally for IMO and then due to COVID-19, is behind us. The pandemic fundamentally changed the way we work but we responded quickly in order to continue our activities and move forward. Shipping, the industry that we serve, will be facing many challenges for the years ahead. From digitalization to crew training but most importantly decarbonization as it is on top of the agenda for regulators following the general public demand.
For Probunkers 2020 was a rich and intense year. We all experienced difficult and unprecedented circumstances. Undoubtedly, we faced uncertainty and delays, like most businesses, but we worked diligently in order to overcome the challenges.
The LNG market is evolving, the old fashion habits of long-term contracts and commitments are fading.
For 2021 the LNG fueled fleet will further expand and along with the increasing interest from charterers and shipowners for LNG as a marine fuel, Probunkers is poised to become the leading independent global LNG bunker supplier.
Photo credit: Probunkers Holding
Published: 7 January, 2021
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.