The Maritime and Port Authority of Singapore (MPA) on Tuesday (6 October) entered into a Memorandum of Cooperation (MoC) to form a Future Fuels Port Network with the Port of Rotterdam Authority and the Ministry of Land, Infrastructure, Transport and Tourism, Japan at the Singapore International Bunkering Conference and Exhibition (SIBCON) 2020.
The port network will align the efforts of signatory partners in driving the development of new fuels across participating ports.
Under the MoC, parties will undertake the development of a roadmap on the adoption of clean marine fuels in support of decarbonisation. Besides research and development, parties will cooperate on possible joint bunkering pilot runs with identified shipping lines to support the decarbonisation of the shipping industry.
“As a maritime nation, Singapore is committed to promoting the environmental sustainability of the maritime industry. We welcome like-minded partners to come on board and cooperate with us on the development and supply of clean marine fuels in reducing the impact of shipping on the environment,” said Quah Ley Hoon, Chief Executive of MPA.
Allard Castelein, Chief Executive Officer of Port of Rotterdam Authority, stated the COVID-19 pandemic has resulted in extraordinary and pressing times.
“This is also the moment to re-think our future and ensure we undertake proper measures that both address global warming and the global economic downturn,” he notes.
“The Future Fuels Port Network that we launch today, is an example how ports around the world can make a significant contribution in advancing decarbonisation of the global maritime sector. We can make a tangible difference with a clear roadmap and developing new infrastructure to enable supply and use of low-carbon and clean marine fuels.”
“Japan is pushing GHG reduction forward under the strong leadership of the government in response to the IMO Strategy on Reduction of GHG Emissions from Ships,” explained Takada Masayuki, Director-General of the Port and Harbours Bureau, Ministry of Land, Infrastructure, Transport and Tourism, Japan.
“Alternative fuels without emitting GHG will be used as marine fuels to achieve the reduction. In order to promote this utilisation, it is important that ports have a bunkering facility for alternative fuel.
“I strongly believe that Japan can contribute to the formulation of international standards for future marine fuels’ bunkering by the technical capabilities and knowledge developed through the projects of Tokyo Bay and Ise/Mikawa bay regarding LNG bunkering. Japan is going to contribute to the promotion of clean alternative fuels as marine fuels through its participation to the cooperation network of ports based on the MoC.”
A series of SIBCON 2020 related articles have been earlier written by Manifold Times:
Related: SIBCON 2020: Equatorial Marine Fuels provides view on local and global bunker markets post Covid-19
Related: SIBCON 2020: BIMCO Chief Shipping Analyst explains new business dynamics in bunker fuels sector
Related: Chairman of Technical Committee for Bunkering explains SS 660, TR 80; and cast an eye to the future
Related: SIBCON 2020: TR 48 reaps annual savings of at least SGD 80 million for bunkering sector
Related: SIBCON 2020: Singapore introduces new MFM bunkering standards SS 660 and TR 80
Related: SIBCON 2020: Powering Fuels of the Future, Driving towards Decarbonisation
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: 8 October, 2020
‘We need to keep in mind the saying “penny wise pound foolish”,’ says Captain Rahul Choudhuri, the Managing Director AMEA at VPS, who stresses on the essential role of the Bunker Surveyor.
Legal representatives met at the High Court on Tuesday to discuss the discharge of KPMG liquidators from all liability in respect of conduct in the course of winding up, show court documents.
Global sentence adjusts to 80 month’s imprisonment term for both Chang and Koh under application of the Masui sentencing framework; fine of SGD 6.2 million against Chang remains unchanged.
Company has been ranked EIGHTH for 2020; ‘we are humbled and proud to be placed amongst the top ten winners of the Enterprise 50 Awards,’ says Satnam Singh, COO, Sing Fuels.
Mads Bjornebye, Manager of Bunker Services at Teekay Tankers Ltd, shares about the company’s perspective of e-BDNs, bunker purchasing & planning tools, while offering his thoughts on future marine fuels.
Maritime sector may find it increasingly challenging to manage bunker prices, Dennis Ho, Managing Director at ElbOil Singapore tells Singapore bunkering publication Manifold Times.