Singapore bunker sales volume ended 2017 by surpassing the 50 million metric tonne (mt) mark, show Maritime and Port Authority of Singapore (MPA) data.
The total volume of bunkers sold in the port of Singapore grew 4.2% to 50.6 million mt in 2017, compared to 48.6 million mt in 2016.
Sales of marine fuel at the port in December 2017 was recorded at 4.3 million mt, an increase from 3.9 million mt sold during the similar month in 2016.
The port authority released the overall bunkering figures on Friday during the launch of the Sea Transport Industry Transformation Map (ITM) at the annual Singapore Maritime Foundation new year cocktail reception.
Developed by MPA in partnership with the industry, unions and other government agencies, the Sea Transport ITM builds on MPA’s strategic long term plans to develop Singapore’s next-generation port while strengthening its international maritime centre (IMC).
Specific initiatives have been laid out under the Sea Transport ITM to catalyse innovation, drive productivity improvements, as well as enhance the skills of the maritime workforce.
The aim is to grow the sector’s value-add by S$4.5 billion ($3.39 million) and create more than 5,000 good jobs by 2025.
Published: 12 January, 2018
BBC Chartering filed for the petition as a creditor of Sinopacific Shipping and a hearing has been scheduled for 5 February at the High Court of Singapore.
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Anders Grønborg will take on position as KPI OceanConnect CEO, replacing Søren Høll who’ll become the Head of Global Operations in Bunker Holding.
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‘We’ll start the application [to MPA] before the end of 2022 and hopefully to receive approval within six months or sooner,’ L. Y. Hwang, Director / General Manager of Oval Asia Pacific Pte Ltd, tells Manifold Times.
Digitalisation makes it easier for shipowners to conform to growing external regulations such as new sulphur regulations and ‘no scrubber’ zones; operators can identify better bunkering options to reduce costs.
Eventual adoption of Digital Bunker Document Standard speeds up interoperability between stakeholders from both public and private sectors, learns Singapore bunkering publication Manifold Times.
Rob Ashton, Market Manager of Infineum, explains how Infineum B402 is a relatively easy way for a ship operator to positively influence a vessel’s CII rating while improving its bunker fuel consumption performance.
Fifteen incidents of misappropriation of Shell gasoil worth USD 10,4 million went undetected by Shell between 2016 to 2017 due to Muhammad Ali Bin Muhammad Nor’s involvement, learned Manifold Times.
ISO delegates represented seven countries and were in Singapore to attend a three-day meeting of ISO WG13 to develop two new ISO bunkering standards, learns Singapore bunkering publication Manifold Times.
