Connect with us

Business

Singfar launches company website; provides update on construction of DF bunker tanker newbuilds

‘The launch of our company website signifies the readiness of Singfar to engage with relevant stakeholders to achieve our mission of enabling sustainable trade,’ Managing Director tells Manifold Times.

Admin

Published

on

Hong Yao 03

Singapore-based independent vessel owning, newbuilding management, and chartering firm Singfar International Pte Ltd (SFI) on Monday (26 July) launched its official company website [https://singfar.com.sg/].

“The launch of our company website signifies the readiness of Singfar to engage with relevant stakeholders to achieve our mission of enabling sustainable trade,” Pai Hong Yao, Managing Director of SFI, told bunkering publication Manifold Times.

“In developing the website, we have dedicated a lot of time and energy into evaluating our company’s values, strategy, and business operations, so that we may clearly articulate what we stand for and strive for to the broader ecosystem.”

Singfar is positioning itself to best contribute to the International Maritime Organization (IMO)’s goal of decarbonising the maritime industry, according to Pai.

The company has divested five of its older tonnage over the last eight months and launched its first Dual-Fuel (DF) bunker tanker project with the signing of a Memorandum of Understanding (MOU) with Lianyungang (LYG) shipyard for 5+5 newbuildings earlier in May.

“Since then, we are close to finalising the design and equipment list of the DF bunker tankers, which will adopt the latest DF liquefied natural gas (LNG) technologies and be built to provide the most efficient operational capabilities. We look forward to engaging with potential buyers and charterers for these vessels.

“We are also excited for the upcoming deliveries of our Suezmax newbuildings that have been designed and built to be IMO-Tier 3 and SOx compliant. These high-spec and efficient vessels which will be delivered in 2022 demonstrate our commitment towards sustainable shipping.”

Pai believes there will be increasing demand for greener, more efficient vessels due to the advent of the upcoming Energy Efficiency Existing Ship Index (EEXI) and Carbon Intensity Indicator (CII) rating scheme.

“We continue to see a growing emphasis on decarbonisation and sustainability in the maritime industry,” states Pai.

“The latest regulations adopted at the IMO Marine Environment Protection Committee [MEPC 76] to reduce greenhouse gas emissions from ships are testament to that.

“We further see strong interests from both buyers and charterers as they position themselves to comply with these international regulations.

“There is a real impetus behind this momentum as advancements are made in various segments of the ecosystem.

“As such, Singfar will continue to build a fleet of next-generation vessels, using our newbuilding expertise and networks, to support our customers and partners in their sustainability journey and promote collaborations towards decarbonisation.”

SFI and its subsidiaries currently own and manage 26 existing crude and product tankers, of which 23 are bunkering tankers.

Related: Interview: Singfar International aims to be a leading global player in sustainable shipping and bunkering
RelatedSingapore: Singfar International makes shipping market debut with 5+5 DF bunker tanker newbuilding order

 

Photo credit: Manifold Times
Published: 26 July, 2021

Continue Reading

Milestone

Singapore retains titles as Best Global Seaport and Best Seaport in Asia

Port of Singapore has been named the “Best Global Seaport” for the third consecutive year and the “Best Seaport in Asia” for the 35th time at the 2023 AFLAS Awards.

Admin

Published

on

By

Singapore retains titles as Best Global Seaport and Best Seaport in Asia

The Maritime and Port Authority of Singapore on Friday (29 September) said the Port of Singapore has been named the “Best Global Seaport” for the third consecutive year and the “Best Seaport in Asia” for the 35th time at the 2023 Asian Freight, Logistics and Supply Chain (AFLAS) Awards.

These accolades recognise the contributions by the Port of Singapore serving as a key node in the global supply chain, and Singapore’s leadership in driving maritime decarbonisation and transformation.

The annual AFLAS Awards is organised by freight and logistics publication, Asia Cargo News, to honour leading service providers in the supply chain community for demonstrating leadership as well as consistency in service quality, innovation, customer relationship management and reliability. Winners were determined by votes cast by readers of the publication.

singapore best seaport 2

Mr Chee Hong Tat, Acting Minister for Transport and Senior Minister of State for Finance, said: “Singapore is honoured to be named the Best Global Seaport and Best Seaport in Asia. These awards are the result of the shared effort and strong collaboration between the Government, industry, unions and workers. We will continue to grow our port as an efficient, sustainable, and trusted node in global supply chains.”

Mr Teo Eng Dih, Chief Executive of MPA, said: “These awards are testament to the partnership and collaboration between Maritime and Port Authority of Singapore (MPA) with industry and international partners, the research and enterprise community, as well as unions. MPA remains committed to fostering an environment that encourages enterprise, innovation, and talent development.”

“We will continue to work with our partners to enhance Singapore’s connectivity, advance digitalisation efforts, and accelerate the decarbonisation of international shipping in line with the 2023 IMO strategy on reduction of GHG emissions from ships.”

Photo credit: Maritime and Port Authority of Singapore 
Published: 29 September, 2023

Continue Reading

Employment

Melvin Lum appointed as KPI OceanConnect Global Accounts Commercial Director in Singapore 

Lum will take on the position of Commercial Director from Thomas Lee who was recently promoted to Head of APAC in a management restructure within KPI OceanConnect.

Admin

Published

on

By

Melvin Lum appointed as KPI OceanConnect Global Account Commercial Director in Singapore

Global marine energy solutions provider KPI OceanConnect on Thursday (28 September) announced the appointment of Melvin Lum as Commercial Director for its Global Accounts team in Singapore.

Lum will take on the position of Commercial Director from Thomas Lee who was recently promoted to Head of APAC in a management restructure within KPI OceanConnect. 

The Global Accounts team is an expert unit within KPI OceanConnect, specialised in providing long-term, tailored fuel strategy solutions to a portfolio of Key Accounts on a global scale. Dedicated regional teams located in London, Houston and Singapore work seamlessly across the world and around the clock to support their clients.

Lum joined KPI OceanConnect in 2021 as Senior Key Account manager and has made a significant contribution to the development of the team and optimisation of the daily operations of the unit in Singapore. Lum has vast experience across the supply chain and previously worked with TotalEnergies, Glencore and Global Energy Group prior to joining KPI OceanConnect.

Henrik Zederkof, Head of Global Accounts at KPI OceanConnect, said: "It is always a pleasure to witness the growth of our team members, and Melvin's progression is no exception. I have full confidence in Melvin's expertise, ability to lead the unit and dedication to his team. I look forward to seeing the progress of Melvin and his team, which will undoubtedly bring significant value to our numerous partners and the wider organisation.”

"Melvin will assume a pivotal role within the Global Accounts management team, leveraging his extensive experience in supply chain management and profound insight into emerging technologies. In his new role, Melvin will further enhance our team's skill set, aligning them with our ongoing objectives of supporting our partners in their green transition and digitalisation endeavours."

Melvin Lum, Commercial Director of KPI OceanConnect Global Accounts in Singapore, said: "I am very appreciative of the support and confidence from our management team as I take on this exciting new role. I am enthusiastic to work with the team as we continue to deliver an exceptional experience to our partners and stakeholders with dedication, innovation and passion."

Photo credit: KPI OceanConnect 
Published: 29 September, 2023

Continue Reading

Biofuel

TotalEnergies Marine Fuels renews ISCC EU certification for bio bunker fuel  

Firm’s operations teams in Singapore and Geneva successfully renewed its ISCC EU sustainability certification for the supply of biofuel bunkers, says Louise Tricoire, Vice President.

Admin

Published

on

By

TotalEnergies Marine Fuels renews ISCC EU certification for bio bunker fuel

Louise Tricoire, Vice President of TotalEnergies Marine Fuels recently said the firm’s operations teams in Singapore and Geneva successfully renewed its International Sustainability and Carbon Certification (ISCC) EU sustainability certification for the supply of biofuel bunkers.

“This means that TotalEnergies Marine Fuels can continue sourcing and supplying marine biofuels in accordance with EU renewable energy regulations ensuring the highest sustainability standards,” she said in a social media. 

“It's the third year in a row that we have successfully renewed this certification, after a deep and comprehensive audit which showed zero non-conformity.”

She added marine biofuels have grown in demand among shipping companies that want to cut greenhouse gas emissions immediately. 

“TotalEnergies Marine Fuels offers marine biofuels commercially in Singapore and we are starting in Europe. This certification enables us to accompany our customers in their decarbonisation journey with the best standard solutions available today.”

Photo credit: TotalEnergies Marine Fuels
Published: 29 September, 2023

Continue Reading
Advertisement

OUR INDUSTRY PARTNERS



Trending