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Singapore: Scorpio LR2 Pool takes Winson Oil to court over USD 13.6 million oil cargo claim from OCBC

P&I Club Steamship Mutual Underwriting Association (Europe) Limited has issued letter of undertaking to STI Orchard assuring total liability of not more than USD 17 million, show court documents.

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Lawyers representing Scorpio LR2 Pool Ltd (Scorpio, the Plaintiff), in the business of providing vessel chartering services, and energy trading and bunkering firm Winson Oil Trading Pte Ltd (Winson Oil, the Defendant) will be meeting at the High Court of the Republic of Singapore on 10 June.

The legal representatives will discuss, amongst others, security between Scorpio and Winson Oil due to a letter of indemnity earlier received from the latter, according to court documents obtained by Singapore bunkering publication Manifold Times.

Scorpio receives Letter of Indemnity from Winson Oil

A central topic of the meeting will be the discussion of USD 13.6 million (exact: USD 13,608,000) worth of 36,016.480 mt Gasoil 10PPM Sulphur cargo (Subject Cargo) lifted by Winson Oil in Taiwan during February 2020, when the 10,999 dwt oil tanker STI Orchard was sub chartered from Scorpio for the operation.

In March 2020, Winson Oil requested Scorpio to order the STI Orchard to proceed to and deliver (amongst others) the Subject Cargo at Tanjung Pelapas, Malaysia via ship-to-ship (STS) discharge to the 318,445 dwt VLCC Chang Bai San to Hin Leong Trading (Pte) Ltd.

Scorpio received a letter of indemnity from Winson Oil for the STS operation, though the oil transfer between 5 to 6 March 2020 to the VLCC was conducted without production of the original BL.

OCBC claims for Subject Cargo from owner of STI Orchard

Subsequently in February 2021, Oversea-Chinese Banking Corporation Limited (OCBC) wrote to STI Orchard Shipping Company Limited, the owners of the STI Orchard, claiming to be the rightful owner of the Subject Cargo as it was in possession of the full set (3 out of 3) of the original Bill of Lading.

As such, OCBC demanded delivery of the Subject Cargo and held STI Orchard Shipping fully liable and responsible for the loss and/or non-delivery of the Subject Cargo; the bank has also obtained an Admiralty in rem Writ of Summons (HC/ADM 16/2021) which allowed it to potentially arrest and detain the STI Orchard.

Responding to OCBC’s demand, STI Orchard Shipping in March 2021 informed Scorpio of the development and required the charterer to indemnify any liability while providing security and funds to defend OCBC’s claim, amongst others.

Scorpia seeking Security and Protection from Winson Oil

Scorpio, which has earlier received a letter of indemnity from Winson Oil, is now in turn seeking security from the latter in order to protect STI Orchard Shipping and itself from OCBC’s claim.

“However, the Defendant had failed and/or refused and/or neglected to provide security in the form required by OCBC despite the multiple demands by the Plaintiff for the Defendant to do so,” it states.

“The Defendant has also failed and/or refused and/or neglected to fulfil its other obligations under the LOI, including but not limited to providing the Plaintiff funds for the purposes of defending OCBC’s claim in the suit HC/ADM 16/2021 commenced by OCBC against the Owners.”

Scorpio’s P&I Club Steamship Mutual Underwriting Association (Europe) Limited, meanwhile, has issued a letter of undertaking to OCBC assuring total liability of not more than USD 17 million (exact: USD 17,009,225.60) on behalf of STI Orchard Shipping and its vessel STI Orchard.

 

Photo credit: Manifold Times
Published: 25 May, 2021

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Mass Flowmeter

Hong Kong backs MFM adoption with voluntary scheme to boost bunkering competitiveness

Hong Kong’s Marine Department launched the Quality Bunker Operator Scheme to encourage bunker operators to install and use mass flow meter systems on their bunker vessels.

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RESIZED EH dual mfm setup

Hong Kong’s Marine Department (MD) on Wednesday (3 June) launched the Quality Bunker Operator Scheme to encourage bunker operators to install and use mass flow meter systems (MFM systems) on their bunker vessels.

MD said the scheme aims to enhance Hong Kong’s bunkering service quality and the competitiveness of Hong Kong ports, thereby further consolidating Hong Kong’s position as an international maritime centre and a major bunkering port.

Under the Scheme, bunker operators of traditional maritime fuel and biodiesel that install and use MFM systems on their bunker vessels, with the MFM systems inspected and certified by an accredited body in accordance with the International Organization for Standardization’s ISO 22192 Standard or equivalent requirements, can apply to the MD for inclusion in the scheme’s “List of Quality Bunker Vessels”, provided they meet the relevant technical and operational requirements. 

Details of the bunker vessels successfully included in the List will be published on a dedicated page on the MD’s website for reference by shipping companies and relevant stakeholders.

Participation in the Scheme is voluntary. In addition to receiving recognition from the MD, participating bunker operators will benefit from enhanced corporate image and competitiveness through the adoption of MFM systems, thereby boosting customers’ confidence and helping to create new business opportunities.

 A spokesman for the MD, said: “As an international maritime centre supported by our country, Hong Kong has a strategic location adjacent to major international fairways. Coupled with years of development in marine fuel bunkering, Hong Kong possesses rich experience and talent in the field. For many years, Hong Kong has consistently ranked as the seventh-largest bunkering port globally, the second-largest in our country, and the largest in the Greater Bay Area, providing reliable and competitive fuel bunkering services to ocean-going vessels from around the world. 

“As the international shipping industry has an increasing demand for accuracy and transparency in bunkering services, service quality and measurement precision in bunkering operations have become important indicators of a bunkering port’s competitiveness. The Scheme will enhance bunkering accuracy and transparency, further enhancing the quality of Hong Kong’s bunkering services.

The spokesman added that comprehensive port services are one of Hong Kong’s key advantages as an international maritime centre.

“We will also mandate the use of MFM systems on all methanol bunker vessels this year to ensure that Hong Kong continues to provide high-quality bunkering services in the era of green maritime fuels.” 

Note: The application form for the Scheme can be found on the MD’s website. Interested bunker operators can download the application form from the website or contact the MD’s Green Maritime Fuel Team via email ([email protected]) for details.

 

Photo credit: Manifold Times
Published: 4 June, 2026

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Alternative Fuels

MPA and MSC ink MoU to support adoption of alternative bunker fuels

MPA and MSC will explore new routes and services to strengthen connectivity, support the adoption of alternative marine fuels such as bio-LNG, and advance technologies to improve vessel energy efficiency.

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MPA and MSC ink MoU to support adoption of alternative bunker fuels

The Maritime and Port Authority of Singapore (MPA) on Wednesday (3 June) said it signed a Memorandum of Understanding (MoU) with MSC Mediterranean Shipping Company to strengthen collaboration in maritime decarbonisation, digitalisation, innovation, and manpower development. 

The MoU was signed on 25 May 2026 by Mr Ang Wee Keong, Chief Executive of MPA, and Mr Soren Toft, Chief Executive Officer of MSC.

The MoU underscores the shared commitment of MPA and MSC to foster a sustainable, digital, and future-ready maritime sector, while enhancing MSC’s operational and business activities in Singapore. This year also marks the 30th anniversary of MSC establishing its Asia Regional Office and local office in Singapore.

Under the MoU, MPA and MSC will explore new routes and services to strengthen connectivity, support the adoption of alternative marine fuels such as bio-LNG, and advance technologies to improve vessel energy efficiency and operational performance.

MPA and MSC will also collaborate on maritime digitalisation initiatives to improve operational efficiency, including streamlining vessel arrivals and port operations. 

On manpower development, MSC will support internship and scholarship opportunities through Singapore Maritime Foundation’s Maritime Outreach Network (MaritimeONE) platform, an industry-led tripartite partnership comprising industry, government and institutes of higher learning that aims to raise awareness of the maritime industry and attract quality talent into the maritime sector.

Mr Ang Wee Keong, Chief Executive of MPA, said: “This partnership reflects the strong collaboration between MPA and MSC in driving sustainability and digitalisation in the maritime sector. By working together on decarbonisation, operational efficiency and talent development, we aim to strengthen Maritime Singapore’s position as a trusted and future-ready global maritime hub.”

Mr Soren Toft, Chief Executive Officer of MSC, said: “Singapore is a strategically important hub for MSC and a key gateway to the broader Asia region. As we mark 30 years in Singapore, this MOU reinforces our long-term commitment to strengthening our presence here. MSC and Singapore are closely aligned on the priorities shaping the future of global shipping, and we look forward to deepening this partnership to drive the continued growth and resilience of the maritime industry.”

 

Photo credit: Maritime and Port Authority of Singapore
Published: 4 June, 2026

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Emissions reporting

StormGeo and OceanScore link emissions data, compliance workflows

Cooperation combines StormGeo’s expertise in operational vessel and emissions data with OceanScore’s expertise in emissions compliance workflows across EU ETS, FuelEU Maritime and UK ETS requirements.

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StormGeo and OceanScore link emissions data, compliance workflows

Weather intelligence and decision support solutions provider StormGeo and Hamburg-based technology platform OceanScore on Wednesday (3 June) said they have deepened their ongoing cooperation through the signing of a collaboration agreement during Posidonia 2026 in Athens on 2 June.

The cooperation combines StormGeo’s expertise in operational vessel and emissions data with OceanScore’s expertise in emissions compliance workflows across EU ETS, FuelEU Maritime and upcoming UK ETS requirements.

Together, the companies aim to help shipping companies seamlessly navigate increasing regulatory complexity more efficiently — from emissions reporting and data validation to compliance exposure management, pooling and financial settlement.

As emissions regulation becomes an increasingly important part of commercial shipping operations, the need for reliable operational data and streamlined compliance processes continues to grow. The cooperation between StormGeo and OceanScore is designed to support shipping companies with more connected, transparent and actionable processes across operational and commercial teams.

“From the outside, companies like StormGeo and OceanScore may sometimes be perceived as competitors because both operate around emissions and compliance workflows,” said Albrecht Grell, Managing Director at OceanScore. 

“But in reality, the industry increasingly needs both perspectives working together: trusted operational emissions data on one side and commercial compliance execution on the other. Our cooperation reflects that shipping companies are no longer looking for isolated solutions — they need connected processes, automated across different systems and reliable decision-making throughout the full compliance chain.”

By connecting validated operational emissions data with commercial compliance management, the cooperation supports workflows across:

  • emissions reporting and validation 
  • compliance management across EU ETS, FuelEU Maritime and upcoming UK ETS requirements
  • exposure visibility and cost transparency
  • pooling, settlement and financial processes 

The cooperation also aims to improve commercial transparency and coordination across operational and commercial stakeholders.

“StormGeo plays a central role in helping shipping companies turn operational vessel and emissions data into trusted, decision-ready insights,” said Espen Martinsen, Chief Commercial Officer at StormGeo. 

“As emissions regulations become more complex, this data is essential for transparent and efficient compliance management. By working with OceanScore, we can help customers connect StormGeo’s validated operational data with commercial compliance processes, creating a more integrated and practical approach to emissions management.”

The signing ceremony took place at the StormGeo booth during Posidonia 2026 in Athens and was attended by representatives from both companies.

Both companies expect the cooperation to continue evolving alongside upcoming regulatory developments, including FuelEU Maritime, EU ETS, the upcoming UK ETS and future emissions-related frameworks affecting global shipping.

 

Photo credit: StormGeo
Published: 4 June, 2026

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