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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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Photo 3 of High Court

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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Environment

Singapore: Allision between dredger and bunker tanker was not caused by port congestion, says Transport Minister

‘Investigations are still on-going, but preliminary findings show that the allision on 14 June was caused by the dredger experiencing sudden loss of engine and steering controls,’ says Chee Hong Tat.

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Singapore: Allision between dredger and bunker tanker was not caused by port congestion, says Transport Minister

The allision between Netherlands-registered dredger VOX MAXIMA and stationary bunker tanker MARINE HONOUR on 14 June was not caused by port congestion, Transport Minister Chee Hong Tat said on Tuesday (18 June). 

Netherlands-flagged dredger Vox Maxima crashed into a stationary Singapore-flagged bunker vessel Marine Honour on 14 June, causing oil from the bunker vessel’s cargo tank to spill into Singapore waters. 

Chee said some members of the public have asked if this incident was due to congestion in our port waters.

“Investigations are still on-going, but preliminary findings show that the allision on 14 June was caused by the dredger experiencing sudden loss of engine and steering controls,” he said a social media post.

“It is not due to port congestion as our port waters and anchorages are not congested. The earlier reports on delays experienced by container vessels are a separate matter that is due to the bunching of container vessels arriving at PSA.”

Chee added it will take time for Maritime and Port Authority of Singapore (MPA) to complete the full investigations and progressively clean up the oil spill. 

“We seek the understanding of members of the public and businesses who are affected by this incident. We will do our best to complete the clean up as soon as possible.”

Manifold Times previously reported MPA stating that it saw large increases in container volumes and the “bunching” of container vessel arrivals over the previous months due to supply chain disruptions in upstream locations.

Later, MPA confirmed that since the beginning of 2024, Singapore saw a significant increase in vessel arrivals.

In the first four months of 2024, MPA said the monthly average tonnage of container vessel arrivals reached 72.4 million gross tonnage (GT). This is an increase of more than one million GT per month, compared to the same period last year. 

On 20 June, in a joint statement, authorities said the northern part of the Pasir Panjang Container Terminal (PPT) is cleared of oil slicks following the deployment of the Current Buster, an oil recovery and containment system, since 18 June. 

Thorough cleaning of the oil-stained Berth 36 near the allision area using high-pressure jets is on-going.

PPT was the location of the oil spillage following the 14 June allision between Netherlands-registered dredger VOX MAXIMA and stationary bunker tanker MARINE HONOUR. 

“The deployment of the Current Buster at this upstream location is important to prevent surface oil from flowing westwards towards West Coast Park which is unaffected till date, and also eastward towards downstream locations, including Sentosa beaches, Sentosa Cove, Southern Islands, and Keppel Marina,” authorities, including MPA, said.  

Three Current Buster systems have been deployed. Two systems capable of five tonnes of recovered oil per load are deployed off western affected areas at PPT and Sentosa. The other system capable of 35 tonnes load is deployed off eastern affected areas off East Coast and Changi East as a precaution to recover any oil and prevent further spread. Another 35 tonnes-load Current Buster system will be deployed shortly.

Total length of booms deployed since 14 June is 3400 meters. This is more than the approximate 3100 meters originally planned.

Note: The full statement by Singapore authorities including progress of the shore clean-up effort can be found here

Related: Singapore: Oil spill cleanup after allision between dredger “Vox Maxima” and bunker tanker “Marine Honour”
Related: Singapore sees large increases in container volumes, bunkering activities remain unaffected
Related: MPA reports ‘significant increase’ in vessel arrivals in Singapore

 

Photo credit: Singapore Transport Ministry / Chee Hong Tat
Published: 20 June, 2024

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Methanol

Mitsubishi Shipbuilding receives orders for Japan’s first methanol-fuelled RoRo cargo ship duo

Two ships will be built at the Enoura Plant of MHI’s Shimonoseki Shipyard & Machinery Works in Yamaguchi Prefecture, with scheduled completion and delivery by the end of fiscal 2027.

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Mitsubishi Shipbuilding receives orders for Japan's first methanol-fuelled RoRo cargo ship duo

Mitsubishi Shipbuilding Co., Ltd., a part of Mitsubishi Heavy Industries (MHI) Group, on Wednesday (19 June) said it has received orders from Toyofuji Shipping and Fukuju Shipping for Japan's first methanol-fueled roll-on/roll-off (RORO) cargo ships. 

The two ships will be built at the Enoura Plant of MHI's Shimonoseki Shipyard & Machinery Works in Yamaguchi Prefecture, with scheduled completion and delivery by the end of fiscal 2027.

The ships will be approximately 169.9 meters in overall length and 30.2 meters in breadth, with 15,750 gross tonnage, and loading capacity for around 2,300 passenger vehicles.

A windscreen at the bow and a vertical stem are used to reduce propulsion resistance, while fuel efficiency is improved by employing MHI's proprietary energy-saving system technology combing high-efficiency propellers and high-performance rudders with reduced resistance. 

The main engine is a high-performance dual-fuel engine that can use both methanol and A heavy fuel oil, reducing CO2 emissions by more than 10% compared to ships with the same hull and powered by fuel oil, contributing to a reduced environmental impact. 

In the future, the use of green methanol(2) may lead to further reduction in CO2 emissions, including throughout the lifecycle of the fuel. Methanol-fueled RORO ships have already entered into service as ocean-going vessels around the world, but this is the first construction of coastal vessels for service in Japan.

In addition, the significant increase in vehicle loading capacity and transport capacity per voyage compared to conventional vessels will provide greater leeway in the ship allocation schedule, securing more holiday and rest time for the crew, thereby contributing to working style reforms.

Mitsubishi Shipbuilding, to address the growing needs from the modal shift in marine transport against the backdrop of CO2 reductions in land transportation, labor shortages, and working style reforms, will continue to work with its business partners to provide solutions for a range of societal issues by building ferries and RORO vessels with excellent fuel efficiency and environmental performance that contribute to stable navigation for customers.

 

Photo credit: Mitsubishi Shipbuilding
Published: 20 June, 2024

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EU ETS

VPS and Normec Verifavia to offer data-driven and verified emissions data

Both firms signed a partnership agreement with Normec Verifavia to support improved vessel data for MRV / EU ETS reporting and beyond.

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VPS and Normec Verifavia to offer data-driven and verified emissions data

Marine fuels testing company VPS on Monday (17 June) said it has signed a partnership agreement with Normec Verifavia to support improved vessel data for MRV / EU ETS reporting and beyond. 

In the face of tightening regulations and focus, VPS said large parts of the maritime industry are in the midst of stepping up their efforts to collect high-quality emissions data from vessel operations. 

“To meet this demand, VPS and Normec Verifavia will offer vessel owners and the wider maritime ecosystem to have indisputable emission numbers produced in a data-driven way,” the firm said.

“For vessel owners, this ensures compliance with upcoming MRV and EU ETS requirements where reported emission numbers need to be verified by a certified verification body.”

The partnership will combine the strengths that VPS have in data-driven decarb and Normec Verifavia´s position as an agile and independent third-party data verifier. The two companies offer a plug-and-play setup, where the vessel owner can experience a seamless and integrated experience in the handling and verification of fleet fuel- and emission numbers. 

 The first step of the partnership is to offer verification for VPS customers using the Maress system for data-driven decarbonisation. Maress is a leading tool in the offshore industry, handling the complexities around fuels- and emissions optimization and assisting crew and onshore personnel in making informed decisions on how to reduce vessel and fleet footprint. Maress is used by a diverse set of stakeholders in the offshore sector, such as vessel owners, contractors, management companies, charterers and more.  

Further, VPS also offers the Emsys technology for precise and real-time measurement of the emissions going through the vessel smokestack. This data can be fed directly to Maress and subsequently verified by Normec Verifavia to provide full control of all aspects of the fuels- and emissions related to vessel operations.

Jan Wilhelmsson, COO, Digital & Decarbonisation of VPS

Jan Wilhelmsson, COO, Digital & Decarbonisation of VPS

Jan Wilhelmsson, COO, Digital & Decarbonisation of VPS, said, "We see a rapid development where the market is no longer willing to take the risk of not knowing -precisely- what the emissions from operations are. We are excited about the fact that the partnership with Normec Verifavia enables all Maress users to get their emission numbers verified. It will literally be a one stop shop for data collection, analytics, collaboration and verified emission reporting."

Yuvraj Thakur, Managing Director & VP Commercial, Normec Verifavia, said: “The maritime industry faces a crucial challenge: achieving transparency and driving progress towards a decarbonised future. Normec Verifavia's collaboration with VPS represents a significant step forward in this direction.”

“By leveraging their expertise in data-driven decarbonization tools like Maress, we can empower asset owners to streamline the entire emissions data lifecycle. This will not only enhance the accuracy of reported data but also significantly reduce the administrative complexities faced by many stakeholders. This collaborative effort strengthens the foundation for a more sustainable maritime industry.”

The ability for Maress customers to verify emission numbers will be immediately commercially available.

Photo credit: VPS
Published: 20 June, 2024

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