The Maritime and Port Authority of Singapore (MPA) will commit additional funds of at least $300 million to help the local maritime sector move more decisively on decarbonisation over the next 10 years.
The organisation on Wednesday (9 March) introduced the Maritime Singapore Decarbonisation Blueprint: Working Towards 2050 which charts ambitious and concrete long-term strategies to build a sustainable maritime Singapore.
Developed by MPA in consultation with industry partners, the Blueprint will contribute to Singapore’s commitments under the UN’s 2030 Sustainable Development Agenda, Paris Agreement and the Initial IMO Strategy on reduction of GHG emissions from ships.
It will also strengthen Singapore’s value proposition as a leading global hub port and International Maritime Centre.
The Blueprint takes on board the recommendations made by the International Advisory Panel on Maritime Decarbonisation, and inputs from a two-month long public consultation and sector-specific consultations.
The plan outlines seven key areas which MPA will focus on to support the decarbonisation of the maritime industry:
Photo credit: Maritime and Port Authority of Singapore
Published: 10 March, 2022
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‘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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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.
‘MPA had immediately contacted the relevant bunker suppliers to take necessary steps to ensure that the relevant batch of fuel was no longer supplied. Further investigations are currently on-going,’ it informs.
