News on Singapore.
Trafigura and several other major commodity traders have applied for licenses to sell and deliver ship fuel in the world's biggest bunker port, Singapore, reports Reuters.
A Chinese bunker firm is now the biggest supplier of ship fuel in Singapore, shows a new list. Maersk company seems to have solidified top-ten ranking.
MPA Singapore screens passengers and seafarers from incoming ships for the corona virus that has cost several people their lives following an outbreak in China.
Keppel Offshore & Marine exits 2019 with a significantly better result on the bottom line. A tax gain pushed the company to its first net profit since 2016.
In the final months of 2019, more dry bulk and commercial vessels were attacked by pirates in the Malacca Strait off Singapore. This development raises concerns at an organization, which calls for increased cooperation among authorities in the region.
Singapore's port authority, MPA, revokes the bunker supplier license of Inter-Pacific Petroleum due to a fraud case involving the use of magnets to cheat fuel measuring.
Singapore's competition and consumer authority has raised concerns about Hyundai Heavy Industries and DSME's plans to merge.
Ship owners are waiting longer and paying more to refuel at the Asian hub of Singapore as the industry scrambles to prepare for the implementation of new ship-fuel rules in just a few weeks.
Two regional heads from the French banking major's Singapore department step down due to major losses in the bunker market, writes Reuters.
LNG is the only sustainable solution for the shipping industry here and now, says Singapore's Maritime and Port Authority, which is ready with an incentive program for shipowners to push them toward LNG-driven vessels.
Kystvagten og havnemyndighederne i Singapore har i en fælles aktion anholdt 11 personer for ulovlig handel med skibsbrændstof.
Temasek, Singapore's state investment unit, is set to buy a majority stake in Keppel Corp., which includes shipbuilder Keppel Offshore & Marine. Shares in the group halted trading on Monday.
Inter-Pacific Petroleum has lost its license to operate bunker vessels in Singapore. Authorities have caught Inter-Pacific using "magnetic interferences" to bypass mass flow meters on its ships.
Inter-Pacific Petroleum har mistet sin licens til at drive bunkerskibe i Singapore. Myndighederne har taget Inter-Pacific i at bruge "magnetiske forstyrrelser" til at omgå masseflowmetrene på sine skibe.
The world's biggest bunker port has spent the past few months boosting its floating storage of the new low-sulfur fuel. And for this reason, fears of fuel shortages as a result of the new sulfur requirements entering force in 2020 have subsided, assesses analyst.
Shipping company Norden dismisses 11 employees, who are losing their jobs because technical operation of the company's dry bulk ships is being outsourced to a Singapore-based operation. This happens as a part of Norden's strategy to shift its business toward buying and selling dry bulk vessels.
Wired Bunkering is no longer on Singapore's list of marine fuel suppliers. The number of bunker operators at the port has fallen drastically in recent years.
All 199 bunker barges in Singapore have been fitted with mass flow meters and are ready to deliver different fuel types starting at the turn of the year, says the Maritime and Port Authority of Singapore.
Alle 199 bunkerskibe i Singapore har fået installere masseflowmetre og er klar til at levere flere forskellige typer brændstof fra årsskiftet. Det meddeler landets maritime myndigheder.
Singapore-based engineering group Sembcorp Marine finished the first half of 2019 with a declining revenue, although its net deficit was reduced. The group remains plagued by a highly competitive market, which still holds little prospect for a lasting recovery.
Singapore's port authority continues its efforts to eliminate bunker fraud. Now, yet another company has lost its license to operate in the port, writes Reuters.
A bunker company has lost its license to supply ship fuel in Singapore. This happens following the country's maritime authority discovering that the company was using a powerful magnet to bypass mass flow meters.
Residue from scrubbers are be included on Singapore's official list of toxic industrial waste, warns the MPA. This means that shipping companies must pay to get rid of residue in the major port.
Myndighederne i i Singapore advarer rederierne om, at restaffald er på den officielle liste over giftigt industrielt affald. Det betyder, at rederier skal betale for at slippe af med restaffaldet i storhavnen. Rettet.
Singapore's GIC fund is investing in the terminal operator TIL, most of which is owned by MSC.
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