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
Battery capacity of 1,458 kWh (equivalent to 40 electric cars) allows the vessel to sail for up to 50km with 2.5 hours of charging; saving 20.16 mt of bunker fuel annually.
Development will allow Aramco to ‘develop new partnerships and opportunities with our clients in Europe, North and West Africa,’ says President & CEO.
Necessary measures ‘may entail asking the client to find another bank’, it tells Danish media ShippingWatch.
Bunkers sold at the port totalled 35.15 million mt from January to September 2019, 6.2% down on year.
Port authority recorded total bunker sales of 403,908 mt at both ends of the Panama Canal.
MPA updated its list of top bunker suppliers by volume in 2019; the republic ended 2019 with 45 accredited bunker suppliers, lower than 51 in 2018.
The local bunkering sector has adapted to IMO 2020 requirements and LSFO is now available at more than two earlier locations, notes bunker supplier Trillion Energy.
Claiming USD 108,887.87 for the supply and delivery of 310.00 mt of low sulphur marine gas oil at the Port of Jeddah on or about 23 February 2020.
A sanitisation expert offers Manifold Times a summary of the processes involved in disinfecting a ship together with the equipment and products used in the operation.
‘As the saying goes without people buying things, manufacturing will slow, trade will also slow and shipping movements slows down. It’s a whole chain of reaction,’ says Simon Neo.
Laboratory looking to collaborate with Singapore bunker surveyors to roll out COVID 19 testing service, which has been successfully adopted by land-based industries, to the maritime sector.
Sinfeng Marine Services filed an application to the Court of Appeal to withhold information from the liquidators on October 2019; the appeal was dismissed a month later.
