The total sales volume of marine fuel at Singapore port was marginally down by 0.5% on year in April, show Maritime and Port Authority of Singapore (MPA) data.
It recorded total sales of 4.23 million metric tonnes (mt) in April 2018, slightly lower than sales of 4.25 million mt in the same month last year.
In April, sales of 380 centistokes (cSt) grade (versus on year) was recorded at 3.02 million mt (3.19 million mt); 180 cSt product at 23,100 mt (23,200 mt); 500 cSt material at 926,300 mt (876,600 mt).
Marine gas oil (MGO) sales were 64,400 mt (57,500 mt); low sulphur (LS) MGO at 126,100 mt (101,900 mt); LS 180 cSt at 13,100 mt (versus zero); LS 380 cSt at 7,200 mt (8,700 mt); LS 500 cSt at zero mt (versus zero).
Sales of 380 cSt grade decreased 5% on year at Singapore port in April. Coincidentally, the similar month saw the Singapore bunkering sector being affected by a series of off-spec issues regarding cat fines and low flash point.
Local bunker players suggest increased regulation of the entire bunker supply chain could solve the issue.
Related: FOBAS: Cat fines plagued Singapore off-spec bunkers in April
Related: FOBAS alert: Low flash point residual fuels in Singapore
Related: INSIGHT: Off-spec issues reveal 'missing piece' of Singapore bunker supply chain
Related: Singapore’s March bunker volume marginally down by 4%
Related: Singapore February bunker volume up 7.5% on year
Related: Singapore: Strong start to January bunker sales volume
Photo credit: Maritime and Port Authority of Singapore
Published: 15 May, 2018
Glander International Bunkering (Norway) AS seeking payment of USD 115,963.52 (not including contractual compensation and interests) from the vessel’s demise charterer, according to court documents.
“In TotalEnergies, we already have projects along the e-Fuel value chain, from green electricity and green / blue hydrogen to e-Fuel production that will be integrated along the marine fuels value chain in time to come,” shares Louise Tricoire.
Buyers can nominate deliveries on platform and plan operations together with suppliers following ‘one single truth’ concept with all players aware of what has been agreed when and by whom, says DNV spokesman.
Rotterdam’s intention to mandate the usage of MFMs goes down well with licensed bunker supplier VT Group; MFM providers supportive of move but stressed continuous monitoring is needed for optimum performance.
Cost of alternative bunker fuels, bunker operations and technology advancement are some considerations to be examined by the maritime industry, says Neo, director of SDE International Pte Ltd.
Kim Hyung Joon and Han Donghoon were planning to join the Singapore entities of Hartree Group - either Hartree Partners Singapore Pte Ltd or Hartree Marine Fuels - in October, discovered management.