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News on Singapore.

This week's top stories on ShippingWatch

The collapse of Hamburg carrier Hansa Heavy Lift, the bunker sector in Singapore, Maersk's credit rating downgrade as well as a temperature reading of the tanker and dry bulk markets were some of ShippingWatch's big stories this week.

Bunker company in Singapore being liquidated

Bad news keeps emerging from the strained bunker sector, in which bunker company Coastal Oil Singapore, a local player in the world's largest bunker port, is now in the process of being liquidated.

Singapore bans open-loop scrubbers

It will be illegal to use open-loop scrubbers in one of the key ports in the world. Singapore's Maritime and Port Authority will from Jan. 1, 2020 ban use of the technology.

Investment in Singapore gives Baltnav huge boost

One year after the opening of an office in Singapore, bulk operator Baltnav has doubled the expected number of vessels on the books. Partners Michael Bonderup and Martin Sato clarify the company's status in an interview with ShippingWatch.

Singapore to set newbuild record this year

The number of newbuilds to be delivered to Singapore this year is set to hit a decade high. The five players awaiting the largest share of the new vessels include tanker, bulk and offshore carriers, according to a study from VesselsValue.

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