TFG Marine, the global marine fuel supply and procurement company created by Trafigura and shipping firms Frontline and Golden Ocean, on Tuesday (21 April) was granted approval by the Maritime and Port Authority of Singapore (MPA) to become a Bunker Supplier and a Bunker Craft Operator serving the vessels visiting the country’s port.
“This is excellent news, particularly as Singapore is the largest bunkering hub in the world,” said Anders Grønborg, who joined TFG Marine as Chief Executive Office in April 2020 to oversee the company’s ongoing expansion efforts.
“TFG Marine adds value by providing an end-to-end service, integrating its expertise in commodity trading with marine fuels supply infrastructure and logistics.
“As a very strong counterparty in the marine market we look forward to serving the thousands of vessels visiting the Port of Singapore each year efficiently, reliably and responsibly.”
TFG Marine will supply HSFO, MGO and VLSFO bunker fuel to bulk carriers, oil tankers and container vessels calling at the Port of Singapore by May 2020, it says.
In time, TFG Marine notes its fleet in Singapore will include clean-energy dual-fuel bunker barges, to drive sustainable bunkering activities.
The operations will also benefit from Trafigura’s many years of experience supplying marine fuels to the Port and extensive local infrastructure including significant marine fuel storage, it adds.
TFG Marine states it aims to scale up its global footprint, which already includes extensive bunkering operations in South and West Africa, Panama and Ecuador, with plans to announce further developments in Asia, as well as in Europe and the Americas.
Related: Singapore: Minerva Bunkering and TFG Marine obtain bunker supplier license
Related: Anders Gronborg appointed new CEO of Singapore-based bunkering firm TFG Marine
Related: Trafigura joint venture TFG Marine starts bunker trading operations at Singapore
Related: Trafigura forms bunkering JV with Frontline and Golden Ocean
Photo credit: Manifold Times
Published: 22 April, 2020
Proactively buyers should clarify means of delivery and location of the sampler used to produce the binding contractual samples; Singapore is a notable exception, it said.
The LNG ready Ore Tianjin can sail between any two ports in the world without bunkering.
‘Digital Twin’ concept does not require hardware on vessel to track bunker fuel consumption and emissions.
‘[Singapore] protested, but we have assured them that it is in Malaysian waters, and not in theirs’, he says.
Orders for LNG-fuelled vessels more than tripled the average ordered between 2016 and 2018 in preparation for IMO 2030 and IMO 2050.
Trading notice describing the development was circulated in the Singapore bunker market on Friday.
Event welcomed over 1,100 attendees from 42 countries; delegates visited virtual booths about 4,800 times; while around 5,800 connections were made, according to data from organiser Informa.
Bunker suppliers and bunker craft operators may choose to carry out meter verification using either existing MIMO method OR with the use of a Master Meter.
Pai Kheng Pheng of Sentek Marine & Trading Pte Ltd on Thursday (8 October) was ordered remanded for a further week for investigations, AGC spokesperson informs Manifold Times.
INTERTANKO, BIMCO, SSA, IBIA Asia share what the technology brings to the waterfront, while operator Metcore International and manufacturer Endress+Hauser explain its benefits to the bunkering industry.
‘We still see circumstances where a product is ‘off-spec’ and the holder of the fuel is then trying to move it back ‘on-spec’ through the use of appropriate additive technology,’ says spokesman.
Captain Rahul Choudhuri, Managing Director AMEA at VPS, suggests a ban on the obsolete marine fuel quality standards of ISO 8217:2005 and 2012 which no longer apply to the shipping sector.
