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SIBCON 2022: SGTraDex enters MOU with six bunkering sector tech providers

Collaboration with ADP Clear, Angsana Technology, Brightree, BTS, Bunkerchain and PSA Marine signed on the sidelines of SIBCON 2022.

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SGTD MOU Group Photo

A memorandum of understanding (MOU) was inked between Singapore Trade Data Exchange Services (SGTraDex Services) and maritime tech providers ADP Clear, Angsana Technology, Brightree, BTS, Bunkerchain and PSA Marine on the sidelines of Singapore International Bunkering Conference and Exhibition (SIBCON) 2022 during Wednesday (5 October).

Graced by Mr Chee Hong Tat, Senior Minister of State for Finance and Transport, the MOU solidified the partnership between the signatories and SGTraDex Services to jointly improve efficiency and resilience for bunkering sector by reducing duplicative effort and providing access to documents from trusted sources.

About SGTradex’s Bunkering Optimisation Use-Case

Launched on 1 June 2022, the Singapore Trade Data Exchange (SGTraDex) is a digital utility that facilitates the sharing of data between supply chain ecosystem partners, streamlining information flows through a common data highway where data can be shared in a trusted, secure and inclusive manner.

SGTraDex was mobilised to solve supply chain industry pain points based on a “use case” led approach and “value focused’ principles”. It means identifying problems that are relevant to participants and the industry as a whole, sharing business processes and experiential challenges between the participants, offering best practices and, as a result, aligning on the flow of information and data exchange, fundamental to solving the pain points identified.

SGTraDex represents the foundation that provides the infrastructure that allows all counterparties to operate more securely and efficiently. Partnerships with technology providers are key to achieving that efficiency and trust.

The bunkering optimisation use-case (Use Case C) digitalises the exchange of commercial (documents) and operational (event) data between ecosystem partners like storage facility operators, cargo owners, bunker suppliers, barge operators, bunker buyers and financial institutions.

The exchange also unlocks value for the ecosystem by collaborating with industry platform providers like the signatories of the MOU.

“With this ecosystem of partners, participants can connect with SGTraDex to access multiple partners and platforms, thereby expanding their own network of trade data partners” said Antoine Cadoux, CEO of SGTraDex Services.

Building a future-ready bunkering sector

By digitising trade documents for the bunkering and adjacent industries, SGTraDex and the maritime tech providers will:

  1. Improve operational efficiency through digitisation of trade documents
  2. Reduce the risk of trade finance fraud and increase confidence in financing by allowing financing institutions to validate the authenticity of trade documents via data obtained directly from trusted parties and sources.

“Our core belief is that underpinning a well-functioning supply chain and trade ecosystem, is the need to efficiently communicate commercial and operational data between stakeholders. To do so, we need to move away from paper-based processes since they are highly inefficient and more susceptible to the risk of fraud,” said Antoine Cadoux.

“The bunkering sector is no exception. As a neutral digital highway, working closely with maritime tech providers, together, we can build a future ready bunkering sector that is more effective and more resilient.”

“As a major hub port and bunkering centre, we need to leverage on digitalisation to increase efficiency and transparency,” said Kenneth Lim, Assistant Chief Executive (Industry & Transformation), Maritime and Port Authority of Singapore.

“MPA welcomes the partnership between SGTraDex and the marinetech technology community to develop innovative solutions to promote greater data sharing and exploitation of data for insights. We look forward to the industry adoption of digital solutions to deliver better services and enhance their business competitiveness.”

 

Photo credit: Singapore Trade Data Exchange Services
Published: 6 October, 2022

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Ammonia

Singapore: EMA, MPA shortlist two consortia for ammonia power generation and bunkering

Chosen consortia are Keppel’s Infrastructure Division and Sembcorp-SLNG, and the bunkering players in these consortia are Itochu Corporation, NYK Line and Sumitomo Corporation.

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The Energy Market Authority (EMA) and the Maritime and Port Authority of Singapore (MPA) on Thursday (25 July) said they have shortlisted two consortia that will proceed to the next round of evaluations of proposals to provide a low- or zero-carbon ammonia solution on Jurong Island for power generation and bunkering. 

The two consortia were selected from a total of six that were earlier shortlisted in 2023 to participate in a restricted Request for Proposal (RFP), following an Expression of Interest (EOI) called in 2022. The bids were assessed based on the technical, safety and commercial aspects of their proposals. 

The two consortium leads are Keppel’s Infrastructure Division and Sembcorp-SLNG, and the bunkering players in these consortia are Itochu Corporation, Nippon Yusen Kabushiki Kaisha (NYK Line) and Sumitomo Corporation. The two consortia will proceed to conduct engineering, safety and emergency response studies for the proposed Project.

At the next phase, we will select one of the two bidders as the lead developer of the project. The lead developer will develop the end-to-end ammonia solution comprising (i) generating 55 to 65 MW of electricity from imported low- or zero-carbon ammonia via direct combustion in a Combined Cycle Gas Turbine; and (ii) facilitating ammonia bunkering at a capacity of at least 0.1 million tons per annum (MTPA), starting with shore-to-ship bunkering followed by ship-to-ship bunkering. 

Given the nascency of the technology and global supply chains, the Government will work closely with the appointed lead developer to implement the Project. We aim to announce the lead developer by Q1 2025.

The project is part of Singapore’s National Hydrogen Strategy launched in 2022, which outlines Singapore’s approach to develop low-carbon hydrogen as a major decarbonisation pathway as part of the nation’s commitment to achieve net zero emissions by 2050.

A key thrust of this strategy is to experiment with the use of advanced hydrogen technologies that are on the cusp of commercial readiness. Ammonia is currently one of the most technologically-ready hydrogen carriers with an established international supply chain for industrial use.

“If successful, the project will position Singapore as one of the first countries in the world to deploy a direct ammonia combustion power plant and support the development of ammonia bunkering for international shipping, EMA and MPA said.

“This will help to unlock the potential of low-carbon ammonia as a low-carbon fuel.”

 

Photo credit: Manifold Times
Published: 25 July 2024

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LNG Bunkering

China: River-sea LNG bunkering vessel named and delivered in Shanghai

The 14,000 cubic metre ship, “Huaihe Nengyuan Qihang”, was independently developed, designed and built by Hudong-Zhonghua Shipbuilding (Group) for Huaihe Energy Holding Group.

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China: River-sea LNG bunkering vessel named and delivered in Shanghai

China’s river-to-sea LNG bunkering vessel, which was built locally, was named and delivered in Shanghai on Monday (19 July), according to the Shanghai Association of Shipbuilding Industry (SASIC). 

The 14,000 cubic metre (cbm) ship, Huaihe Nengyuan Qihang, was independently developed, designed and built by Hudong-Zhonghua Shipbuilding (Group) Co., Ltd for Huaihe Energy Holding Group as part of China’s "Gasification of the Yangtze River” project.

The ship is capable of travelling through the Nanjing Yangtze River Bridge all year round and has been dubbed a “Customised Yangtze River” LNG refuelling and transportation ship.

The ship is equipped with the B-type LNG containment system independently developed by Hudong-Zhonghua and authorised by a national patent.

According to SASIC, this was the first time such a system has been applied to a domestic LNG  refuelling and transportation ship, marking a major breakthrough in the B-type LNG containment system developed by China with independent intellectual property rights.

Related: China’s first river-sea LNG bunkering ship completes inaugural bunkering operation

Disclaimer: The above article published by Manifold Times was sourced from China’s domestic market through a local correspondent. While considerable efforts have been taken to verify its accuracy through a professional translator and processed from sources believed to be reliable, no warranty is made regarding the accuracy, completeness and reliability of any information.

 

Photo credit: Shanghai Shipbuilding Industry Association
Published: 25 July 2024

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Environment

Singapore-flagged tanker “Hafnia Nile” to be moved to safe location for cargo transfer

“Hafnia Nile” and the Sao Tome and Principe-flagged “Ceres I” collided and caught fire about 55km northeast of Pedra Branca on 19 July.

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Singapore-flagged tanker “Hafnia Nile” to be moved to safe location for cargo transfer

Shipowner Hafnia, the operator of Singapore-flagged tanker Hafnia Nile, is in discussion with The Maritime and Port Authority of Singapore (MPA) on a safe location to transfer the ship’s cargo, MPA said on Wednesday (24 July). 

They are also discussing towage plans for repairs to be approved by MPA.

Hafnia Nile and the Sao Tome and Principe-flagged Ceres I collided and caught fire about 55km northeast of Pedra Branca on 19 July.

“An additional tug with deep-sea towing capacity has arrived on site on 23 July 2024, joining four other tugs equipped with oil response and firefighting capabilities,” MPA said. 

In a meeting with MPA on 23 July, Hafnia informed MPA of light oil sheens near Hafnia Nile

“As part of the towage plan, Hafnia will arrange for repairs, containment and clean-up of the assessed localised seepage,” it added.

Reuters reported Hafnia stating that an initial assessment by a team of specialists conducting inspections of damaged areas of the tanker, showed Hafnia Nile's engine room had suffered damage from the fire.

Hafnia also reportedly said a salvage team has boarded the vessel and transferred equipment from one of the attending tugs on site to contain and stop any localised seepage.

Manifold Times previously reported Ceres 1 allegedly leaving the site of the collision as of 20 July and turned off its Automatic Identification System (AIS) but was believed to be in Malaysian waters.

The Malaysian Maritime Enforcement Agency (MMEA) was able to locate Ceres 1 some 28 nautical miles northeast of Pulau Tioman.

Related: “Ceres 1” goes dark after collision with Singapore-flagged tanker, located by MMEA
Related: MPA: Fire breaks out on two ships near Pedra Branca, search and rescue underway

 

Photo credit: Malaysian Maritime Enforcement Agency
Published: 25 July 2024

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