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SIBCON: Singapore gears up for future needs of the bunker industry

‘MPA will continue working closely with all stakeholders to ensure that Singapore is well positioned for 2020 and beyond,’ says Chief Executive.

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Singapore will be introducing several initiatives as part of efforts to cater for the future needs of the bunker industry, says the Maritime and Port Authority of Singapore (MPA) at the Singapore International Bunkering Conference and Exhibition (SIBCON) on Wednesday.

“This year marks the 20th edition of SIBCON and it remains the key global platform to provide thought leadership for the industry,” said Andrew Tan, Chief Executive, MPA.

“In light of the International Maritime Organization’s global sulphur limit from 1 January 2020, Singapore is committed to ensure a sufficient and broad range of solutions available to ship owners.

“As the world’s leading bunkering hub, MPA will continue working closely with all stakeholders to ensure that Singapore is well positioned for 2020 and beyond.”

The port authority will be introducing the following according to its press release:

PREPARING THE PORT OF SINGAPORE FOR THE FUTURE

A. Information sheet on fuel availability
To prepare the industry for the 0.5% global sulphur limit, MPA will publish an information sheet on the list of licensed bunker suppliers of low-sulphur fuels in Singapore by mid-2019. The information sheet will be made available online.
Several bunker suppliers and oil majors including Shell, ExxonMobil and BP have also affirmed their readiness to supply 0.5% compliant fuels by 1 January 2020. 

B. New work group to chart the future direction of our bunker industry
MPA will form a new work group with the industry to embark on an industry road mapping exercise to prepare the Singapore bunker industry for the future. Chaired by MPA, the work group will develop a roadmap that will include drivers such as digitalisation and innovation, and transparency and productivity in the sector. The work group will work towards completing the roadmap by fourth quarter of 2019.

FORGING GREATER INTERNATIONAL COLLABORATION ON LNG BUNKERING AND SUPPORTING DEVELOPMENT OF ALTERNATIVE CLEANER FUELS

C. Release of guidance document by LNG bunkering port focus group
In 2014, MPA formed an international focus group to deepen cooperation and information sharing on LNG bunkering. Since then, the LNG bunkering port focus group has grown from three to 11 participants. To provide guidance to the industry on the readiness of LNG bunkering facilities at each port, the focus group released an infographic jointly developed by the members.

D. First Middle East port joins the LNG port focus group
To add greater impetus towards making LNG bunkering a reality, today the MPA also welcomed the Suez Canal Economic Zone Authority, the first member from Middle East, into the focus group. The expansion was formalised via an MoU signing during the SIBCON opening ceremony. The addition of Suez Canal Economic Zone Authority will strengthen efforts towards building a global network of LNG bunker ready ports.

E. S$5 million for Green Energy Programme
Beyond the use of LNG as a marine fuel in the Port of Singapore, the MPA has allocated S$5 million to the Green Energy Programme (GEP) to support the development of other cleaner alternative marine fuels. Companies can tap on the fund to carry out various activities including the conduct of research and development for cleaner marine fuel solutions in Singapore. 

F. MPA joins SEALNG
Separately, MPA recently joined SEALNG’s membership coalition to further drive and align MPA’s efforts with the global LNG bunkering supply chain. SEALNG is a global coalition of players in the LNG shipping value chain who works collaboratively to drive the widespread adoption of LNG as a marine fuel. By joining SEALNG, MPA hopes to foster greater confidence in the availability and reliability of LNG as a marine fuel now and in the future.

LEVERAGING TECHNOLOGY TO IMPROVE BUNKER DELIVERIES  

G. Mandatory Use of Mass Flow Meters (MFM) for bunker tankers to deliver distillates in the Port of Singapore by 1 July 2019
Earlier this year, MPA announced the mandatory use of mass flow metering (MFM) system for delivery of distillates in the Port of Singapore from 1 July 2019, following the successful implementation of MFM for marine fuel oil. The use of the MFM system enhances transparency in the bunkering process, improves operational efficiency and increases the productivity of the bunker industry.

MPA has commenced the acceptance tests to roll out MFM on bunker tankers for the delivery of distillates. The first test was successfully completed in September 2018 and MPA is working closely with owners to schedule acceptance tests for all distillates bunker tankers. MPA is on track to implement the mandatory use of MFM on all bunker tankers delivering distillates by 1 July 2019.

H. Increasing productivity in Singapore’s bunker industry
In the coming months, MPA will pilot an electronic Bunker Delivery Notes (e-BDN) to drive greater productivity, efficiency and transparency in the bunkering process. e-BDNs allow important bunkering information to be transmitted almost instantaneously to both buyers and sellers. MPA will continue to work with the industry to roll out this initiative as early as 2020. 

WORKING WITH THE INDUSTRY TO ENHANCE INTEGRITY AND TRANSPARENCY OF BUNKER SUPPLY CHAIN

Separately, MPA and the Singapore Shipping Association (SSA) have formed a joint industry working group to further enhance the integrity and transparency of the bunker supply chain in the Port of Singapore. The working group will engage in efforts towards providing the industry with greater assurance and confidence in preventing marine fuel theft. Efforts would be geared towards developing and recommending pragmatic measures both in the short and long term.

Photo credit: Maritime and Port Authority of Singapore
Published: 3 October, 2018

 

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Legal

Singapore withdraws remaining 127 charges against Hin Leong founder OK Lim

Lim Oon Kuin, also known as OK Lim, was issued a stern warning and a district court granted him a discharge amounting to an acquittal for these charges on 17 July.

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RESIZED Sora Shimazaki on Pexels

Founder of collapsed oil trader Hin Leong Trading, Lim Oon Kuin, also known as OK Lim, has had the remaining 127 charges against him withdrawn, according to The Straits Times on Monday (20 July). 

OK Lim was issued a stern warning and a district court granted him a discharge amounting to an acquittal for these charges, including those for cheating, on 17 July. The discharge means Lim cannot be prosecuted again for the same offences.

Lim, 84, is currently serving a 13½-year prison sentence after the High Court reduced his original 17½-year jail term in March 2026. He was convicted in 2024 on two cheating charges and one count of abetting forgery in a case prosecutors described as one of Singapore’s most serious trade finance frauds.

Lim was convicted in May 2024 of two charges of cheating the Hongkong and Shanghai Banking Corporation (HSBC) and one count of abetting forgery that proceeded to trial out of a total of 130 criminal charges.

He was first charged in court on 14 August 2020, and was subsequently handed further charges in court on 25 September 2020, 30 April 2021 and 24 June 2021 for his role in perpetuating fraud on various financial institutions. 

A total of 130 charges were eventually brought against him for cheating and forgery-related offences.

Related: Singapore: Hin Leong Founder OK Lim gets jail term slashed to 13.5 years

 

Photo credit: Sora Shimazaki
Published: 21 July, 2026

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Winding up

Singapore: Coastal Logistics Pte Ltd to be wound up voluntarily

Coastal Logistics was reportedly affiliated with troubled Singapore bunker player Coastal Oil (Singapore) Pte Ltd.

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RESIZED Drew Beamer

Several resolutions for Coastal Logistics Pte Ltd were made during an extraordinary general meeting held on 14 July, according to a notice in the Government Gazette on Friday (4 July).

The following resolutions were duly passed during the meeting:

As Special Resolution

  • That it has been proved to the satisfaction of the meeting that the Company cannot by reason of its liabilities continue its business and accordingly the Company be wound up voluntarily pursuant to Section 160(1)(b) of the Insolvency, Restructuring and Dissolution Act 2018 (No. 40 of 2018);

As Ordinary Resolutions

  • that Mr. Wong Pheng Cheong Martin and Ms. Koay May Yee, both care of FTI Consulting (Singapore) Pte Ltd, One Raffles Quay, #27-10 South Tower, Singapore 048583 be appointed as the joint and several Liquidators of the Company for the purpose of such winding up; and
  • that the Liquidators be at liberty to open, maintain and operate any bank account(s) or account(s) for monies received by them as Liquidators with such bank(s) as they deem fit; and
  • that a Committee of Inspection will not be formed.

Manifold Times previously reported Nicholas James Gronow, director of Heng Tong Fuels & Shipping and Coastal Logistics, filed statutory declarations for both companies stating the firms cannot continue their businesses due to liabilities.

Both companies were reportedly affiliated with troubled Singapore bunker player Coastal Oil (Singapore) Pte Ltd. 

In 2019, several vessels owned by both firms entered the sale & purchase (S&P) market in Singapore.

Related: Singapore: Director declares Heng Tong Fuels & Shipping’s inability to continue business
Related: Heng Tong Fuels & Shipping in court over DBS Bank bunker tanker loan
Related: Singapore: Bunker tanker “Coastal Neptune” arrested
Related: Heng Tong Fuels & Shipping, Coastal Logistics tankers enter S&P market

 

Photo credit: Drew Beamer
Published: 21 July, 2026

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LNG Bunkering

PIL’s LNG dual-fuel boxship “Kota Elok” arrives in Singapore on maiden call

As the first of 13 new 13,000 TEU vessels joining its fleet, Kota Elok is equipped to operate on LNG and low-sulphur fuel oil that helps reduce our greenhouse gas emissions.

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PIL's LNG dual-fuel boxship “Kota Elok” arrives in Singapore on maiden call

Singapore-based Pacific International Lines Pte Ltd on Monday (20 July) said its first 13,000 TEU LNG dual-fuel container vessel, Kota Elok, recently made her maiden call to Singapore on 15 July.

As the first of 13 new 13,000 TEU vessels joining its fleet, Kota Elok is equipped to operate on liquefied natural gas (LNG) and low-sulphur fuel oil that helps reduce our greenhouse gas emissions. 

The vessel also incorporated energy-saving features and digital technologies to reduce fuel consumption and enhance operational performance, as well as a bow windshield to improve aerodynamics, contributing to improved fuel efficiency and lower emissions over the course of long-haul voyages.

“Following Singapore, Kota Elok will continue her voyage on our East Coast Service 1 (ES1) route to South America, calling at ports in Brazil, Uruguay, and Argentina before returning to Asia,” the company said in a social media post. 

Kota Elok also became PIL’s first vessel to receive Lloyd’s Register certification for compliance with the IACS UR E26 and UR E27 cyber security requirements.

Developed by the International Association of Classification Societies (IACS), UR E26 and UR E27 are mandatory cyber resilience requirements for newbuild vessels contracted from 1 July 2024. 

 

Photo credit: Pacific International Lines
Published: 21 July, 2026

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