Connect with us

Business

Straits Energy Resources and Fendercare Marine to promote Labuan STS services

STS hub will be Straits’ sustainable energy flagship project in Victoria Bay deep water area spanning a vast 3,309 hectares supporting an initial six STS berths.

Admin

Published

on

post 51848

Malaysia-listed Straits Energy Resources (SER), formerly known as Straits Inter Logistics, on Wednesday (15 December) said its subsidiary Victoria STS (Labuan) Sdn Bhd (Victoria STS) has signed a Heads of Agreement (HOA) with Fendercare Marine (Asia Pacific) Pte Ltd (FCM).

The HOA aims to form an exclusive collaboration to provide ship-to-ship (STS) services together at the port limit of Victoria Bay, Labuan, Malaysia.

Ensuring the success of the STS transhipment hub, both parties will combine their synergistic resources and expertise to provide STS services at Victoria Bay Port Limit.

Victoria STS, a 70% owned subsidiary of Fajar Maritime and Logistics Sdn Bhd, which in turn is a 60% owned subsidiary of Straits, has been awarded a concession to develop an integrated offshore ship-to-ship energy transhipment hub at Victoria Bay Port Limit.

The STS hub will be Straits’ sustainable energy flagship project in Victoria Bay deep water area spanning a vast 3,309 hectares supporting an initial six STS berths with safe water depths of up to 30 meters.

Straits’ Group Managing Director Dato Sri Ron Ho Kam Choy said: “As a result of our diligent efforts the last few months in seeking the right and synergistic collaboration partner for this STS project, we are delighted to have gained a valued and important partner in Fendercare. 

“This collaboration will kickstart Straits’ foray into the sustainable and alternative energy space and together with Fendercare, our prime focus right now is to establish Victoria Bay Port Limit as a major energy transhipment hub in Asia. We are confident of being able to serve the needs of major global shipping line customers with our combined wide spectrum of energy related maritime solutions and infrastructure. 

“The STS hub is scheduled to commence operation by early 1st quarter 2022.”

“Straits as a fast-growing enlarged group is always looking for business opportunities to increase its earnings base, and this exclusive collaboration with Fendercare will definitely open up an array of numerous exciting opportunities not only for Victoria STS but also the other entities within the Straits Group that will benefit from the business spin-offs of this project.”

Fendercare’s Managing Director Elizabeth Skinner commented: “We are delighted to be collaborating with Straits Energy Resources on this new venture to establish STS exclusively at Victoria Bay Port Limit in Labuan, Malaysia.”

“Since we first met with Dato Sri Ron and his team it was clear their passion for quality and a safety-first philosophy mirrored that of our own, so we are excited to be working together.

“Fendercare are world leaders in STS with close to 60 STS locations globally and we pride ourselves on delivering safe and efficient operations for the world’s largest energy companies and commodity traders and this reputation has been built up over 25 years. 

“Our success is also due to the relationships we have with our local partners and with Straits we are confident we can develop Victoria Bay into an STS hub location for transfer of all oil and gas cargoes without restriction on vessel sizes.

“Furthermore, due to the favourable met ocean conditions at the STS location at Victoria Bay, we will also be conducting STS transfers of LNG. As the drive increases for the world to transition to cleaner and greener sources of energy, LNG STS is becoming more commonplace and where we have over a decade’s experience.

“So for us to offer transfers of LNG as well as all oil cargoes at Victoria Bay gives our customers additional options and flexibility which we anticipate an appetite for and hope to grow this venture together with Victoria STS and Straits.” 

Straits on 12 July 2021 received approval from the Marine Department Malaysia to develop Asia’s largest STS transhipment hub in Victoria Bay Port Limit, Labuan.

Related: Straits Inter Logistics receives government approval to develop STS hub
Related: Straits Inter Logistics subsidiary to become STS operator at Victoria Bay, Labuan
Related: Malaysia: Straits Inter Logistics gears up for USD 3.6 million STS hub project

 

Photo credit: Straits Energy Logistics
Published: 16 December, 2021

Continue Reading

Bunker Fuel

SIBCON 2024: EnterpriseSG to launch new Singapore standard for e-BDN

EnterpriseSG, through the Singapore Standards Council, will launch a new Singapore Standard 709 Specification for Digital Bunkering Supply Chain Documentation.

Admin

Published

on

By

SIBCON 2024: New Singapore standard on digital bunkering to be launched

Enterprise Singapore (EnterpriseSG), through the Singapore Standards Council (SSC), will launch a new Singapore Standard (SS) 709 Specification for Digital Bunkering Supply Chain Documentation, according to Maritime and Port Authority of Singapore (MPA) on Wednesday (9 October). 

MPA said the new standard will ensure data consistency and interoperability between digital systems and facilitate smoother transactions through trusted and verifiable digital bunkering documents. 

This comes following Amy Khor, Senior Minister of State for the Ministry of Sustainability and the Environment and the Ministry of Transport, announcing that from 1 April 2025, all bunker suppliers will be required to provide digital bunkering services and issue electronic bunker delivery notes (e-BDNs) as a default.

The move was decided following successful pilots conducted since 1 November 2023 with bunker suppliers, including the top 10 bunker players, in Singapore.

To further enhance transparency and transaction integrity in bunkering operations, MPA will also introduce a centralised e-BDN record verification facility. This enables key stakeholders to verify the e-BDN received against the information transmitted to MPA.

EnterpriseSG has also launched the revised Singapore Standard (SS) 648 Code of Practice for Bunker Mass Flow Metering to include data integrity and transmission requirements in line with this new digital standard.

In the first eight months of 2024, MPA said Singapore saw strong growth of approximately 7% in total bunker sales over the same period last year, reaching over 36 million tonnes. Biofuels and liquefied natural gas bunker sales surpassed 700,00 metric tonnes. 

To support the operationalisation of a higher mix of low-carbon alternative fuels, both EnterpriseSG and MPA are developing the Singapore standards for methanol bunkering and ammonia bunkering by 2024 and 2025 respectively. 

The standards will cover custody transfer requirements, safety procedures and crew competencies, to ensure safe bunkering operations and handling of these fuels.

MPA also announced that three major shipping lines — Hafnia, K-Line, and MOL — are in early discussions to join the Singapore - Port of Los Angeles (LA)- Port of Long Beach (LB) Green and Digital Shipping Corridor (GDSC) initiative.

Each partner would be expected to spearhead a project to advance the corridor’s decarbonisation and digitalisation goals, such as the adoption of net-zero fuels, Just-in-Time route optimisation, and energy efficiency technologies such as wind-assisted ship propulsion. 

The addition of the new partners will significantly strengthen the GDSC’s capacity to drive innovation in sustainable shipping practices and accelerate the adoption of zero/near-zero emission fuels and green technologies along the corridor.

Related: SIBCON 2024: Singapore bunker suppliers must provide e-BDN from 1 April 2025
Related: Singapore: TradeGo becomes fifth whitelisted e-BDN solution provider
Related: Singapore: MoUs on digital bunkering and eBDN signed at TechWaves conference
Related: DNV FuelBoss coverage expands to include conventional bunker fuels, whitelisting by MPA in process
Related: Singapore: MPA adds ADP Clear as whitelisted solution provider for e-BDN
Related: Singapore set to become first port in the world to debut electronic bunker delivery notes
Related: MPA Chief Executive: Port of Singapore begins digital bunkering initiative today
Related: Singapore: MPA publishes guidelines for bunker suppliers in preparation of e-BDN launch
Related: ZeroNorth enables Golden Island to become Singapore’s first 100% digital bunker supplier
Related: Photo essay: e-BDN trial of “One Truth” at Singapore port
Related: Hong Lam Marine ‘fully supportive’ of e-BDN implementation for Singapore bunkering sector
Related: ONE completes e-BDN adoption trial with Shell in Port of Singapore
Related: Singapore: Golden Island switching to 100% e-BDN operations from 1 December
Related: IBIA: International Maritime Organization confirms acceptance for electronic BDNs (update)
Related: IBIA: MEPC 80 confirms acceptance for electronic bunker delivery notes
Related: IBIA: IMO sub-committee accepts use of electronic BDNs after long discussion

 

Photo credit: Maritime and Port Authority of Singapore
Published: 10 October, 2024

Continue Reading

Alternative Fuels

SIBCON 2024: SGMF releases methanol and ammonia bunkering guidelines

SFMF published Bunkering Guidelines for Ammonia and Bunkering Guidelines for Methanol, as well as Emergency Response Guide for Ammonia; also revealed new brand to reflect four key future marine fuels.

Admin

Published

on

By

SIBCON 2024: SGMF releases methanol and ammonia bunkering guidelines

SGMF on Wednesday (9 October) announced the release of the Bunkering Guidelines for Ammonia and Bunkering Guidelines for Methanol, as well as the Emergency Response Guide for Ammonia.

During the 23rd Singapore International Bunkering Conference (SIBCON), SGMF also revealed its new brand reflecting the organisation’s current activities in the four key marine fuels for the future: LNG, methanol, ammonia and hydrogen.

SGMF is a membership-based organisation leading safe maritime decarbonisation with members across the full value chain of marine fuels, including suppliers, operators, owners, equipment manufacturers, class societies, port authorities, individuals and training organisations.

While the search for the perfect alternative fuel continues, SGMF said methanol and ammonia are two of the fuels that the global merchant fleet has identified and is looking to implement, emphasising the importance of these guidelines. 

Methanol – With the first vessels already running on methanol, and many more on order, methanol is ahead of the curve in terms of adoption. It has also overtaken regulation, meaning that these early adopters are having to put forward safety solutions that have not yet been documented, and bunker suppliers using existing chemical carriers are trying to second guess what conversion and equipment may be needed to make their vessels physically compatible with the ships being produced. These methanol bunkering guidelines have been published as a first draft to highlight the key safety factors that need to be considered when designing and bunkering a vessel of any type with methanol. 

Ammonia – Despite ammonia (NH3) not yet being commercially available as a marine fuel, this bunkering document provides guidance to all the stakeholders currently investigating and developing the bunkering of ships with fully refrigerated (-33°C) ammonia.

A range of potential hazards are expected with bunkering ammonia and to date there is very limited experience, with only one series of bunkering trials conducted as at March 2024. 

As a result, Bunkering Guidelines for Ammonia draws primarily on the current experience of LNG bunkering, the wider ammonia marine transport industry and the shoreside ammonia production and transport industry experience. 

“The overall aim of these guidelines is therefore to ensure that ammonia-fuelled ships are bunkered safely, reliably, efficiently and in an environmentally responsible way, targeting the avoidance of operational or fugitive emissions of ammonia,” SGMF added. 

These publications have been compiled with extensive input from the SGMF membership, as well as with collaborative support from the Global Centre for Maritime Decarbonisation (GCMD) and the Mærsk Mc-Kinney Møller Center for Zero Carbon Shipping (MMMCZCS).

Note: The bunkering guidelines are available in the shop on SGMF portal and the Emergency Response Guide for Ammonia can be downloaded through its free resources section.

 

Photo credit: SGMF
Published: 10 October, 2024

Continue Reading

Technology

SIBCON 2024: TFG Marine to launch ZeroNorth e-BDNs in Singapore

‘We are excited to work with providers such as ZeroNorth to roll out eBDNs to our customers, not only in Singapore but across our global operations,’ says Kenneth Dam, TFG Marine Global Head of Bunkering.

Admin

Published

on

By

SIBCON 2024: TFG Marine to launch ZeroNorth e-BDNs in Singapore

TFG Marine (TFG), the international marine fuel joint venture founded by Trafigura, Frontline and Golden Ocean, on Wednesday (9 October) said it will introduce ZeroNorth’s electronic bunker delivery notes (eBDNs) solution for its customers in Singapore by the end of the year. 

Kenneth Dam, TFG Marine Global Head of Bunkering, made the announcement during the International Trade and Fuel Market Trends panel discussion at the 23rd Singapore International Bunkering Conference (SIBCON).

Dam said: “We are excited to work with providers such as ZeroNorth to roll out eBDNs to our customers, not only in Singapore but across our global operations.”

“This technology will help digitalise the bunker delivery process, reduce administrative burdens, enhance digital documentation, and contribute to a smarter, more connected bunkering sector.”

“We are committed to advocating for the adoption of eBDNs as a global standard for bunker fuel delivery.”

The fully digital solution, accessible through TFG Marine’s mobile app and integrated with SGTraDex digital infrastructure, will enable the inclusion of additional data, such as mass flow meter readings during fuel deliveries. 

“This will drive substantial improvements in efficiency, accuracy, compliance, and sustainability across operations, complementing our global mass flow meter global rollout across our fleet and ensuring TFG Marine remains at the forefront of the bunkering industry,” the firm added.

 

Photo credit: TFG Marine
Published: 10 October, 2024

Continue Reading
Advertisement
  • v4Helmsman Gif Banner 01
  • Aderco advert 400x330 1
  • RE 05 Lighthouse GIF
  • SBF2
  • EMF banner 400x330 slogan
  • Consort advertisement v2

OUR INDUSTRY PARTNERS

  • SEAOIL 3+5 GIF
  • HL 2022 adv v1
  • Singfar advertisement final
  • Triton Bunkering advertisement v2
  • 102Meth Logo GIF copy


  • PSP Marine logo
  • Mokara Final
  • Synergy Asia Bunkering logo MT
  • E Marine logo
  • Auramarine 01
  • Kenoil
  • Innospec logo v6
  • Energe Logo
  • 300 300
  • endress
  • VPS 2021 advertisement
  • Headway Manifold
  • Advert Shipping Manifold resized1
  • 400x330 v2 copy

Trending