Singapore Pte Ltd News

The Singapore Shipping Association (SSA) announced its president Caroline Yang has been reelected for another two-year term.In addition, seven ordinary members of the SSA were first elected during the association’s 27th AGM on June 28. The 2023/2025 council also co-opted four members into their council. There are two more members that the elected council will need to co-opt into the council.Yang has been at the helm of the association through some of shipping’s most challenging times.

Equatorial Marine Fuel Management Services Pte Ltd rose one spot to become the top marine fuel supplier at world's largest bunkering hub Singapore in 2022, official data showed on Monday.Equatorial overtook PetroChina International Singapore Pte Ltd, who dipped from its top ranking in 2021 to second spot in 2022, while Trafigura's TFG Marine Pte Ltd climbed two spots to become third-largest supplier, data from the Maritime and Port Authority (MPA) of Singapore showed.Vitol Bunkers Pte Ltd maintained fourth in 2022 as with the previous year, while Shell Plc's Singapore bunkering unit, Shell Eas

Keppel Offshore & Marine Ltd (Keppel O&M)’s wholly-owned subsidiaries, Keppel AmFELS in the U.S. and Keppel Shipyard in Singapore, have been awarded contracts worth around S$75 million (US$54.5 million) for the refurbishment and completion of two floating production units (FPU). The first contract is by Keppel AmFELS with Salamanca FPS Infra, LLC for the refurbishment of a floating production unit to be operated by LLOG Exploration Offshore, LLC, a private exploration and production company in the U.S.Keppel AmFELS’ scope of work on the production facility includes demolition…

Offshore services company Havfram announced it has been awarded a contract from MODEC Offshore Production Systems (Singapore) Pte Ltd. (MODEC) for the pre-installation of the subsea mooring system for a floating production storage and offloading (FPSO) in 2022.MODEC’s parent company, MODEC, Inc., will supply this facility to Woodside, for deployment in Senegal as part of the Sangomar Field Development Phase 1 project. This phase will target approximately 230 million barrels of…

Sinopec Fuel Oil (Singapore) Pte Ltd aims to raise its monthly bunker sales volumes by more than 50% after it received a license from the Singapore government this month, the company’s general manager said on Monday.Chinese refiners are expanding their foothold in the global marine fuels sector by increasing sales and output of 0.5% low sulphur fuel oil at key ports in Zhoushan, in China, and Singapore in recent years.The Maritime and Port Authority of Singapore (MPA) awarded the bunker license to Sinopec's Singapore fuel oil unit on June 1, the MPA said on its website, allowing the company to

Contaminated fuel supplied to some 200 ships in Singapore came from a tanker that loaded the oil from Khor Fakkan port in the United Arab Emirates, the Maritime and Port Authority of Singapore (MPA) said.MPA began investigations after it was notified on March 14 that a number of ships had been supplied with high-sulphur fuel oil (HSFO) containing high concentration levels of chlorinated organic compounds (COC) in Singapore.MPA said in April that the tainted oil was supplied by Glencore Singapore Pte Ltd.In further investigations to trace the oil's origin…

PetroChina International Singapore Pte Ltd climbed three spots to be the top marine fuel supplier in the world's biggest ship refueling hub in 2021 while the overall number of licensed suppliers fell by four to 41, official data showed on Monday.Shell Plc's Singapore bunkering unit, Shell Eastern Trading Pte Ltd, fell from the top ranking in 2020 to third, behind Singapore's Equatorial Marine Fuel Management Services Pte Ltd in second place, unchanged from 2020, the Maritime and Port Authority (MPA) of Singapore data showed.Vitol Bunkers Pte Ltd…

Singapore authorities have charged two individuals in court for alleged corruption in relation to the trade and supply of marine fuels, the Corrupt Practices Investigation Bureau (CPIB) said in a statement.Afzal Bin Mohamed Ekbar, a bunker trader at KPI Bridge Oil Singapore Pte Ltd at the time, had allegedly obtained at least $191,000 on multiple occasions between 2017 and 2018 from the director of Straits Bunkering Pte Ltd, Shafiq Bin Nezammuddin, as kickbacks for nominating Straits for the supply of bunker fuel to KPI's customers, the CPIB statement said on Tuesday."Afzal had also allegedly

Nine people have been sentenced in Singapore to up to three years in jail for cheating buyers out of $337,000 worth of shipping fuel, authorities said in a joint statement on Thursday.The group was found guilty of using industrial strength magnets to tamper with measuring equipment known as Mass Flow Meter (MFM) on board bunker tankers owned by a unit of marine fuel services provider Southernpec (Singapore) Pte Ltd, said the Maritime and Port Authority of Singapore (MPA), the Singapore Police Force and the Attorney-General’s Chambers.The tampering on board bunker tankers Southernpec 6 and Southernpec 7 allowed the group to record a higher volume of sales than what was actually delivered.Investigations revealed that between December 2018 and April 2019…

Maersk Tankers Singapore Pte Ltd and Scorpio LR2 Pool Ltd have filed separate claims in the Singapore High Court against Winson Oil Trading Pte Ltd for failing to fulfil its contractual obligations, court documents show.The filings are the latest fallout in the unravelling of Hin Leong—once one of Asia's top oil traders—which has left creditors scrambling to recoup about $3.5 billion in debt.Hin Leong's collapse has triggered competing claims for cargoes and assets and ensnared…

Singaporean shipbuilder Penguin said it has delivered Singapore’s first hybrid-powered pilot boat.Built, owned and operated by Penguin, the 15-meter vessel Penguin Tenaga is certified by Bureau Veritas with a "ZE" (zero emission) class notation and is capable of running in pure electric mode at 5 knots for more than 30 minutes. In conventional diesel mode, the vessel can reach a maximum speed of 24 knots.In addition, solar panels installed on the roof of Penguin Tenaga generate…

Singapore is looking to add liquefied natural gas (LNG) bunker suppliers amid increasing demand for the cleaner burning marine fuel in the world's top shipping hub.The Maritime and Port Authority of Singapore (MPA) on Wednesday launched a request for proposal (RFP) for parties seeking to supply LNG fuel to ships in the Port of Singapore.The city state’s annual LNG bunkering capacity is expected to hit 1 million tonnes by 2021, as shipping companies continue to turn toward cleaner…

The owners the New Diamond supertanker which caught fire with a cargo of two million barrels of oil aboard has agreed to pay 340 million rupees ($1.84 million) to Sri Lanka for its help in extinguishing the blaze and averting disaster.The interim claim is for services provided by the Sri Lankan navy, air force, ports authority and Marine Environment Protection Authority (MEPA) after the fire on Sept. 3 until Sept 15, said Nishara Jayaratne, coordination officer of Sri Lanka's Attorney General.Insurers of the vessel West of England will settle the bill…

Sri Lanka is seeking at least 340 million rupees ($1.9 million) from the owner of the stricken oil supertanker New Diamond for assistance given to the vessel since it caught fire on Sept. 3, the coordinating officer to the country's attorney general said.Nishara Jayaratne said the cost was for services provided by various departments including the Sri Lankan navy, air force, ports authority and Marine Environment Protection Authority, among others, up until Sept. 15.The fully-loaded vessel is still in Sri Lankan waters…

Sri Lanka has initiated repair work on the ruptured fuel oil tank in the engine room of a stricken fully loaded oil supertanker after plugging the leak, the country's Navy said.The supertanker is currently 52 nautical miles (96 kms) from the Sri Lankan coast, Navy spokesman Indika de Silva said. "Salvors are on board, they plugged the leak and the repair is still going...They have vacated the ruptured tank and transferred the dirty water into the ballast section," de Silva told Reuters. A fire broke out in the engine room of the Greek-owned New Diamond tanker on Sept.

A salvage team is still trying to plug a fuel leak from the fire-stricken New Diamond oil supertanker, Sri Lankan Navy spokesman Indika de Silva said on Friday.The tanker, which is carrying the about 2 million barrels of oil, caught fire on Sept. 3 and is currently 45 nautical miles (83 km), off Sri Lanka's east coast.The fire has been extinguished but the New Diamond has left two long trails of fuel oil after the Navy towed it out to sea.Authorities want to avoid damage to the…

Singapore-based container ship operator Pacific International Lines Pte (PIL) has agreed with most of its financial lenders to defer debt payments and is in talks with a unit of Singapore state investor Temasek Holdings for a potential investment.PIL said in a statement on Tuesday that it had made significant progress in cutting asset costs due to the challenges the sector has been facing but the coronavirus pandemic had made matters worse over the past month.“Due to the situation, the company had commenced discussions with 15 of its financial lenders with a view to concluding a formal agreement concerning a debt-reprofiling plan with these stakeholders…

The Sri Lankan navy has towed a fire-stricken supertanker further out to sea to keep it off the coast of the Indian Ocean island after the wind picked up strength and changed direction, a spokesman said on Thursday.The tanker, loaded with 2 million barrels oil, was 50 nautical miles (95 km) from the east coast and moving in a northerly direction, the navy spokesman, Indika de Silva, said. Earlier, it had been headed southwest.The stricken vessel has raised fears of an environmental disaster…

The largest cohort of 27 port masters, harbour masters and middle managers from maritime and port authorities from Africa, Asia, the Caribbean, Europe, Latin America and Oceania attended the sixth Maritime and Port Authority of Singapore (MPA) Academy’s Port Management Program (PMP).Developed and organized by MPA Academy, the five-day Program will be delivered by industry practitioners as well as senior officers from the MPA. Some of the key subjects that will be covered during the Program include maritime safety, port planning, digitalisation of the maritime industry, emergency preparedness and crisis communication. The Program includes lectures, practical sessions and site visits.

Singapore's Maritime Port Authority (MPA) has suspended the bunker craft operator licence of Inter-Pacific Petroleum Pte Ltd, the MPA said in a statement on Thursday.The MPA suspended the license, which allows Inter-Pacific to operate tankers used to load marine fuel, known as bunker fuel, onto ships, with effect from June 27 until further notice, the statement said.The license suspension occurred after "an enforcement check on a bunker tanker operated by Inter-Pacific Petroleum," the MPA said, without providing further details.The MPA did not immediately respond to requests for comment.Inter-Pacific could not be reached for comment…

The founder and director of Singapore oil-trading company Hin Leong Trading Pte Ltd (HLT) directed the firm not to disclose hundreds of millions of dollars in losses over several years, he said in a court filing reviewed by Reuters.The affidavit signed by Lim Oon Kuin, a Singaporean in his 70s widely known as O.K. Lim, is part of a Friday filing to the Singapore High Court by HLT and subsidiary Ocean Tankers (Pte) Ltd, seeking a six-month moratorium on debts of $3.85 billion to 23 banks.The filing cites a collapse in the oil price and the coronavirus pandemic…

The Maritime and Port Authority of Singapore (MPA) is investigating bunker craft operator Southernpec (Singapore) Pte Ltd for equipment tampering during a bunkering operation, the agency said in an email on Monday.The MPA had previously suspended Southernpec's operator licence "with effect from 25 April 2019 until further notice," it said in a statement released on Saturday."MPA is investigating the bunker craft operator and supplier ...

The Maritime and Port Authority of Singapore (MPA) revoked the bunker supplier license of Southernpec (Singapore) Pte Ltd., effective May 29, 2019. During a recent enforcement check, MPA found that Southernpec employees engaged in bunker malpractices, which include the use of magnets to interfere with the mass flow meter during bunkering operations. Its cargo officers also did not record the information in the bunkering documents accurately, which breached the terms and conditions of its bunker supplier license.