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
Developed for all three low-sulphur bunker fuel typess, Mobilgard 540 allows operators to switch between fuels without compromising on performance, says sales manager.
4.1 million mt of various marine fuels were sold at the world’s largest bunkering port in April, an increase from 3.93 million mt recorded during May 2020.
Notice was also given to creditors of the company to send their names and addresses and full particulars of their debts or claims to the company’s liquidator on or before 28 October 2022.
‘Despite freight rates being substantially lower than December, for bunker markets, week-on-week, we are seeing an increase in prices across all grades and locations that we cover,’ states analyst.
Three permanent LNG bunker vessels operating in port to date, with further four LNG bunkering specialists owning LNG bunkering licence.
Firm will invest about USD 4.83 million to prevent the recurrence of the incident based on its findings and published measures.
‘Bunker barges operate in very local areas so these vessels call at port very often which means it will be a good fit for women with families,’ states Elpi Petraki, President of WISTA International.
“Our Singapore branch is under preparation and is expected to start business at the republic before June 2023,” Managing Director Darcy Wong tells bunkering publication Manifold Times in an interview.
Development to supply B35 biodiesel blend officially takes effect on 1 February; local bunker suppliers will be able to deliver updated spec within March onwards, once current stocks of B30 avails run out.
VPS, Global Centre for Maritime Decarbonisation, Wilhelmsen Ship Management, and INTERTANKO executives offered a multitude of perspectives to 73 attendees during the VPS Biofuels Seminar, reports Manifold Times.
Headway will launch a new fuel supply system suitable for alternative bunker fuels such as hydrogen and ammonia; to focus on procurement and construction of carbon capture systems in 2023 following R&D.
Competition for FAME from aviation and road transportation sectors have resulted in some shipowners resorting to adopt more readily available CNSL blends as biofuel for vessels, explains Steve Bee.
