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
Cyprus-based global commodity trading house looking to sell stake in Stargate Oil Terminal Rotterdam.
Likely due to lower prices in China and recent crew change restrictions following the discovery of a Covid-19 cluster on board a bunker vessel in the city-state.
With the theme “Fuelling the Future: Solutions & Challenges” speakers will address commercial and technical aspects of the outlook for oil and bunker markets.
In the short term, internal combustion engines will power all larger ocean-going vessels and the dual fuel engine looks set to be the prime choice for the coming years, it said.
Hapag-Lloyd Shipping containership received 5,460 mt of bonded low-sulphur bunker fuel at the Chuanshan Port Area of Zhoushan on 17 April.
Company has appointed an international law firm to attend the hearing at the Bermuda Court, which is scheduled to be held on Thursday (11 November).
Cash of SGD 4.43 million and USD 243,100, and one piece of 100-gram gold-coloured bar recovered in safe belonging to Abdul Latif Bin Ibrahim kept at Extra Space warehouse storage facility, show court documents.
Program introduces periodic assessments, mass flow metering data analysis, and regular training for relevant key personnel to better handle the MFMS to ensure a high level of continuous operational competency.
U.S. Claims Register Summary recorded a total USD 833 million claim from a total 180 creditors against O.W. Bunker USA, according to the creditor list seen by Singapore bunkering publication Manifold Times.
Glencore purchased fuel through Straits Pinnacle which contracted supply from Unicious Energy. Contaminated HSFO was loaded at Khor Fakkan port and shipped to a FSU in Tanjong Pelepas, Malaysia to be further blended.
Individuals were employees of surveying companies engaged by Shell to inspect the volume of oil loaded onto the vessels which Shell supplied oil to; they allegedly accepted bribes totalling at least USD 213,000.
MPA preliminary investigations revealed that the affected marine fuel was supplied by Glencore Singapore Pte Ltd who later sold part of the same cargo to PetroChina International (Singapore) Pte Ltd.
