Singapore’s bunkering industry will receive a boost with the implementation of a new national standard. As of June 1, 2007, all bunker suppliers in Singapore are required to be certified in accordance with the new Singapore Standard on Quality Management for Bunker Supply Chain (SS 524:2006), in order to renew their bunkering licenses. This was announced by Lim Hwee Hua, Minister of State for Finance and Transport at the opening of the 14th Singapore International Bunkering Conference (SIBCON 2006).
Total Marine Fuels has increased its bunkering capacity at the port of Le Havre and at the Port 2000 container facilities with the delivery of its new bunkering barge, FS Sara. At the same time, TMF is also making low-sulphur fuel oil available at the French port for the first time. The double-hulled seagoing FS Sara has capacity for 7,500 MT of fuel oil and 500 MT of MGO, and is to start work immediately.
BIMCO, in partnership with the International Bunker Industry Association (IBIA), has launched a new bunkering guide designed primarily for use by ships’ crew. BIMCO Asia Liaison Officer Thomas Timlen, and IBIA Chief Executive Ian Adams released the BIMCO and IBIA Bunkering Guide on October 27 to delegates in Singapore attending the 16th Singapore International Bunkering Conference. A limited number of hard copies of the electronic guide were offered to delegates
Jensen Maritime Consultants, Inc., a naval architecture and marine engineering firm owned by Crowley Maritime Corp., has developed two new liquefied natural gas (LNG) bunker barge concepts. The two new fully customizable concepts aim to offering customers maximum flexibility and improved safety features, the designer said. The first concept involves outfitting an existing barge with an above-deck LNG tank
Bunker trading company A/S Dan-Bunkering Ltd. introduced a new organizational structure effective August 1, 2014. The company said the move was made to maintain its position, continue expansion in the marketplace and to accommodate a newly implemented strategy. “We must secure our position in the Asian region and look for further opportunities in this for us very important region. In order to achieve this, Managing Director of Dan-Bunkering (Singapore) Pte. Ltd
DMCA focuses on key issues covering safety, environmental sustainability and dispute resolution in bunkering industry. Dubai Maritime City Authority (DMCA), the government entity in-charge of regulating and supervising all aspects of the maritime sector in Dubai, has announced that it is leading a new initiative that seeks to establish a professional bunkering standard in the UAE. DMCA has further revealed that it has gathered key stakeholders in the UAE bunkering industry
Ports of Stockholm claims first in the world to provide infrastructure for liquefied natural gas (LNG) fuel for large passenger ferries. A successful collaboration involving AGA, Viking Line, Ports of Stockholm and the appropriate government agencies has made an infrastructure for bunkering possible. "Our new passenger ferry, M/S Viking Grace, represents an environmental milestone, and the ability to provide LNG bunkering opportunities is a very important piece of the jigsaw in our
Shipping firms have paid millions of dollars into U.S. accounts to prevent their vessels from being detained due to non-payment of bills for fuel supplied by the bankrupt OW Bunker, indicating the impact from the collapse of the Danish firm was spreading. OW Bunker filed for bankruptcy in November after losing almost $300 million in alleged fraudulent trading in Singapore, leading to claims by distributors who sold shipping fuel on behalf of OW Bunker but had not been paid.
London - Freight Investor Services has expanded its rapidly growing commodity broking business into cleared, over-the-counter bunker swaps. The new service – the Fuel Oil Single Swap (FOSS) - comes in response to escalating bunker prices, which are hurting shipowner margins at a time of historically low freight rates. The new FIS offering will include three fuel oil contracts: Singapore 380 centistokes (CST), Singapore 180 CST and Rotterdam 3.5% sulphur barges FOB
BP Marine and Houston Marine Services (HMS) are joining forces to begin a new chapter in ship bunkering in the western U.S. Gulf. Effective, April 2, HMS became BP's dedicated logistics provider in an area from Brownsville, Texas to Lake Charles, La. BP Marine will serve as the marketing arm for bunker sales on behalf of the joint venture and will supply bunker fuel across a broad geographic area of the Gulf.
Calnetix Technologies, LLC has published a White Paper describing new processes for producing supplemental power for a ship’s electrical load. The White Paper, entitled New-Technology Shipboard System Converts Heat from Engine Jacket Water into Electrical Power
ME Production subsidiary Marine Exhaust Technology has been awarded a new contract for the DFDS vessel Finlandia sailing on the route Rosyth-Zeebrugge. The scrubber contract includes design, engineering, manufacturing, and installation.
U.S. based bunkering services firm Bunkers International Corp. announced August 28 that it has filed for reorganization under Chapter 11 of the Bankruptcy Code. Bunkers International and its affiliated companies were forced to file for Chapter 11 bankruptcy protection after their primary
The Maritime and Port Authority of Singapore (MPA) has fined JL Petroleum for supplying marine fuel in the world’s largest bunkering hub without a valid license. In an announcement on Wednesday, MPA said it brought charges against JL Petroleum for selling bunkers on 14
JL Petroleum Pte Ltd has been fined by Singapore after pleading guilty in court to supplying marine fuel in the world's top bunkering hub without a valid license, the Maritime and Port Authority of Singapore (MPA) said in a statement on Wednesday.
The Company: Amtech specializes in ship design integration and construction supervision dealing with new propulsion technologies, niche trades and operational efficiencies. Its South Korea office and staff have delivered over 250 ships and the U.S. offices are well versed in U.S
The International Bunker Industry Association (IBIA) will be holding a forum entitled: ‘Bunkering with new fuels – Building on strong foundations’ as part of London International Shipping Week, on Wednesday 9 September.
A new liquefied natural gas (LNG)-bunkering terminal may become operational at South Korea's Busan New Port by 2020. South Korean shipping company Polaris Shipping will reportedly invest $500 million (KRW 600 billion) to construct the facility.
German container shipping group Hapag-Lloyd aims to launch preparations for a stock market flotation in September, earlier than initially planned, four sources familiar with the transaction told Reuters on Thursday. That would permit the company's shares to trade on the Frankfurt stock exchange
DNV GL has developed a new class notation for gas bunker vessels that targets safer fuel transfer operations from one ship to another. Until now, the development of standards guiding gas fuel transfer operations in ports has lagged behind, as the maritime industry focussed on developing
The Maritime and Port Authority of Singapore has signed a memorandum of understanding with IBM to research ways to ease traffic congestion, improve safety standards and prevent illegal bunkering activity at the port, the MPA said in a statement.
Low bunker prices buoy owners' spot charter earnings. Freight rates for very large crude carriers (VLCCs), which have fallen to their lowest level in 10 months, are set to slide further next week as the volume of available tonnage outpaces cargo demand.
Singapore's Maritime Port Authority is seeking proposals on liquefied natural gas bunker supplies as it shifts away from fossil fuels towards gas while trying to maintain its role as the world's top bunkering hub. The move to issue bunker supplier licences to the gas sector complements the
The Port of Shanghai is aiming to reduce energy consumption per handling capacity unit by 7 percent in 2017 compared to 2010, the city’s transport commission said. It is aiming to cut carbon dioxide emissions by 9 percent compared with 2010
A fully-fledged cruise terminal is to be set up at Colombo port given the increasing number of calls by cruise vessels, according to Lakdas Panagoda, chairman of the Sri Lanka Ports Authority (SLPA). The SLPA plans to convert the Bandaranaike Quay (BQ) of Colombo port into a