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
‘CSM Taurus arrived in Singapore during mid-September and is currently undergoing final preparations before starting commercial operations,’ General Manager of CSM tells Manifold Times.
Firm managed by staff all formerly of Arkas Bunker has secured a physical supply licence on 27 June, it says.
DNV GL’s ECO Insight to also gain engine and systems data from WinGD and VAF Instruments.
‘[...]The IHS Markit’s data reveals we are the second largest port network in the international marine lubricants segment,covering a total of 93 countries,’ said Total Lubmarine.
Commission CEO visited GOIL’s MGO facility at the Port of Takoradi and Sekondi Naval Base, reports local media.
Survey aims to further understand the quality of new compliant fuel oils and possible safety implications of IMO 2020 fuels.
‘This biofuel bunker delivery represents a new chapter for Eng Hua as we are now moving with the times towards the era of decarbonisation,’ Mike Sin, Director at Eng Hua, tells bunkering publication Manifold Times.
MPA has also asked Glencore to improve its internal procedures to ensure that prompt action is taken in future when it becomes aware of, or reasonably suspects, any irregularity in fuel quality, it states.
Dynamic Asset Investments Limited and Goldsland Holdings Co Ltd helped Vermont UM Bunkering maintain a “Cash Float” of about SGD 100,000 to facilitate “buyback” bunker transactions at Singapore port.
Senior Cargo Officer gained SGD 48,800 worth of commission from “buyback” bunker transactions and illegally obtained SGD 410,712.257 by cheating Vermont, a Singapore court heard on Thursday (21 July).
Firm hopes to leverage partnership in Greece as a springboard to expand into neighbouring and overseas markets including Europe and China, says Robin Van Elderen, Regional Head Bunkers, Europe, Sing Fuels.
Singapore can help less developed countries in SouthEast Asia through ‘piloting and scaling fuels and technology as well as a leading hub for green finance’, said DNV Group President and CEO Remi Eriksen.
