Non-governmental organisation Society for Gas as a Marine Fuel (SGMF) on Saturday (4 April) welcomed five new members for the first quarter of 2020.
Joining ranks with over a hundred international SGMF members are Sinanju Tankers Holdings Pte Ltd, Corsica Linea, Gothia Tanker Alliance, MISC Berhad, and Wessels Marine GmbH, it said.
Sinanju Tankers Holdings is the owner and operator of Singapore’s first and currently only liquefied natural gas (LNG) powered dual fuel bunker tanker Marine Vicky.
Related: SGMF video explains why LNG as marine fuel can cut emissions from shipping
Related: SEA\LNG and SGMF respond to ICCT negative analysis of LNG as marine fuel
Related: Sinanju Tankers takes delivery of “Marine Vicky”, ranks amongst fastest growing local firms
Photo credit: SGMF
Published: 6 April, 2020
“K” Line is in charge of the technical management of the vessel owned by FueLNG, a joint venture between Keppel Offshore and Shell Eastern Petroleum.
April bunker sales results released on Wednesday caught several players, who expected volume to fall due to lower international trade and COVID-19, by surprise.
The period saw about 645,000 mt of marine fuel sold at the port and offshore terminals.
Move is ‘first step’ in demonstrating how firm will digitalise its service offerings to customers in the future.
Development combines Bunker Monitoring capabilities and services of Ascenz with rise-x.io’s QuayChain platform to optimise fuel expenditure and increase vessel profitability.
The closure of the operations in Singapore and Antwerp are scheduled to take place this year.
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.
NBF mulls use of blockchain-based registry of trade finance transactions as secure central database for the banking industry to streamline documentation processes and resolve transparency issues.
