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SIBCON 2020: Powering Fuels of the Future, Driving towards Decarbonisation

07 Oct 2020

The 21st edition of the Singapore International Bunkering Conference and Exhibition (SIBCON) returns from 6 to 8 October 2020.

Organised by the Maritime and Port Authority of Singapore (MPA), SIBCON 2020 takes place on an interactive virtual platform for the first time. 

In line with growing industry focus on reducing greenhouse gas emissions, the theme of SIBCON 2020 is ‘Powering Fuels of the Future, Driving towards Decarbonisation’.

The conference covers topics ranging from emerging fuels and responsible shipping to issues on compliance and the impact of changes to global trade patterns. 

The biennial event gathers prominent industry players and thought leaders of the marine fuel industry across the global bunkering community online to address challenges and opportunities to transform the bunkering sector amidst COVID-19 circumstances.

Around 1,200 delegates from 42 countries participated in the virtual conference.

They include bunker suppliers and traders, shipowners and operators, surveyors, port operators, representatives from oil and gas majors, as well as finance and legal professionals.

The online platform Swapcard enables participants to customise their agenda, tune in to sessions on demand, participate in interest group discussions and network based on artificial intelligence-powered recommendations. 

Delivering the opening address, Mr Chee Hong Tat, Senior Minister of State, Ministry of Transport and Ministry of Foreign Affairs, shared that the Port of Singapore saw year-on-year growth in bunker sales.

Singapore remains the largest bunkering hub in the world. Bunker sales volume in Singapore stood at 32.9 million tonnes from January to August 2020, a 5.3% increase in volume from the same period in 2019. 

He added that there are opportunities to transform the bunkering industry in the areas of decarbonisation and digitalisation. He challenged participants to re-envision the industry for the future. 

A series of SIBCON 2020 related articles have been earlier written by Manifold Times:

Related: SIBCON 2020: Senior Minister highlights ‘quality resilience and sustainability’ for bunkering sector
Related: Infineum explains: ISO 8217:2017 should be viewed as a ‘minimum performance benchmark’ for VLSFOs
Related: Interview: Hafnia shares IMO 2020 preparations, promotes transparency for bunkering operations
Related: VPS: Shipowners face ‘tricky situation’ to balance VLSFO shelf life and wax appearance temperature
Related: VPS: Big data analysis reveals link between Covid-19 and spike in low flashpoint MGO off-spec cases
Related: Interview: Total Marine Fuels Global Solutions discusses sector growth, IMO 2020, and future plans
Related: SIBCON 2020: Evolution to a ‘completely different’ bunkering industry event, says organiser
Related: Singapore: SIBCON 2020 bunkering event to be hosted virtually

Photo credit: SIBCON 2020

Published: 7 October, 2020

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