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:
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Related: Interview: Hafnia shares IMO 2020 preparations, promotes transparency for bunkering operations
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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
‘If issues are related to stability and the fuel has flocculated, it cannot normally be saved; but using additives early in the storage period can prevent instability,’ says VPS.
Representatives of Oldendorff, Stena Bulk, Fratelli Cosulich, and TOTAL Marine Fuels Global Solutions discuss IMO 2020, activities in the last 12 months, and future bunker industry developments.
The 10,300 dwt bunker tanker is now the largest tanker in Monjasa’s Northwest Europe fleet, it highlights.
Bunkering firm borrows to refinance indebtedness and general working capital requirements.
New suggestion can cause confusion between the ship, bunker supplier, time charter etc, especially if the testing results turn out to be different, said BIMCO.
After failing to fulfil the resumption conditions set by HKSE, Brightoil Petroleum’s shares will be cancelled from 9:00 am on Tuesday, 20 October, it said.
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.
Claim relates to deliveries of MGO to the vessels Pacific Diligence, Pacific Valkyrie, Pacific Defiance, Crest Alpha 1, and Pacific Warlock between March 2020 to April 2020.
