Singapore-based bunkering firm Sing Fuels received the Enterprise 50 (E50) award on Thursday (29 November) recognising it as among the 50 most enterprising privately-owned local companies in Singapore.
“Winning the E50 Award is a huge achievement and we are thankful for the support we have received from our valuable customers, suppliers and staff, all of whom have contributed to this distinguished achievement,” says Sonnich Thomsen, Managing Director, Bunkers at Sing Fuels.
“This is a great start to our new financial year and a big encouragement to further improve our services and operations.
“Sing Fuels had a humble beginning in year 2012 and since then, we have evolved into a global bunker trading company.”
“Today, our footprint spreads across United Kingdom, United Arab Emirates, China, Turkey, India, Denmark, Nigeria, Taiwan and Greece.”
Sing Fuel’s products and services includes marine fuels, lubricants, risk management, cargo trading, and liquefied petroleum gas (LPG) trading.
The firm is also a member of the Singapore Business Federation (SBF), International Bunker Industry Association (IBIA) and Singapore Indian Chamber of Commerce & Industry (SICCI).
The E50 Awards, first established in 1995, recognises local, privately-held companies who have contributed to economic development in Singapore and abroad.
It is jointly organised by The Business Times and KPMG, and supported by Enterprise Singapore, Singapore Business Federation and Singapore Exchange. The E50 Awards is sponsored by OCBC Bank.
Photo credit: Manifold Times
Published: 30 November 2018
‘We need to keep in mind the saying “penny wise pound foolish”,’ says Captain Rahul Choudhuri, the Managing Director AMEA at VPS, who stresses on the essential role of the Bunker Surveyor.
Legal representatives met at the High Court on Tuesday to discuss the discharge of KPMG liquidators from all liability in respect of conduct in the course of winding up, show court documents.
Global sentence adjusts to 80 month’s imprisonment term for both Chang and Koh under application of the Masui sentencing framework; fine of SGD 6.2 million against Chang remains unchanged.
Company has been ranked EIGHTH for 2020; ‘we are humbled and proud to be placed amongst the top ten winners of the Enterprise 50 Awards,’ says Satnam Singh, COO, Sing Fuels.
Mads Bjornebye, Manager of Bunker Services at Teekay Tankers Ltd, shares about the company’s perspective of e-BDNs, bunker purchasing & planning tools, while offering his thoughts on future marine fuels.
Maritime sector may find it increasingly challenging to manage bunker prices, Dennis Ho, Managing Director at ElbOil Singapore tells Singapore bunkering publication Manifold Times.