News on Singapore.
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.
Shipyard Sembcorp Marine declined in a first quarter in which earnings from offshore projects were lower. The Singapore-based yard is seeing bright spots in the shipping and oil markets, however.
Formanden i Brightoil Petroleum har forladt posten, efter at en domstol har erklæret ham konkurs. Den nu tidligere formand hæfter personligt for en mindre del af gælden i det kriseramte selskab i Singapore.
Since 2010, the number of bunker suppliers in the Port of Singapore has dropped from 80 to 50 companies, reports industry media Ship & Bunker.
Two cities stand out significantly in a new comprehensive survey about which maritime hubs are best at attracting the talents of the future. "Copenhagen has really made a big pull," CEO Mark Charman of recruitment firm Faststream tells ShippingWatch.
What keeps the shipping industry from being a sustainable business? Financially, but perhaps also in terms of the climate. The answer comes from someone who, if anyone, knows the industry, and knows what drives it.
Shipowners and captains who violate the upcoming global sulfur regulations in Singapore waters could face prison sentences of up to two years, says the country's Maritime and Port Authority.
ExxonMobil makes multi-billon dollars investment in its refinery fecilities in Singapore to be able to deliver even more low-sulfur fuel, the company informs.
Hafnia Management will open a new bunker office in Singapore, which will service the Hafnia pool's shipping company with fuel. The move is due in part to Hafnia Tankers' merger with BW Tankers.
A powerful magnet taped to a mass flow meter may have been used to trick the scales in relation to bunker deliveries in Singapore, warns an inspection company.
Authorities in Singapore have given the UK-based P&I club license to underwrite insurances in the island state. The license comes shortly after the company received a similar license in Hong Kong.
Hin Leong's bunker division was the largest bunker supplier in Singapore for 2018, while Maersk oil trading saw the largest boost.
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.
Managing Director Copenhagen
Legal Consultant for CO-Sea
Bunker Broker - Liberty Marine Fuels 
Accountant to TORM
Cash Management Specialist
Bunker Trader Officer - GMS in Dubai
Head of Finance & IT - Clipper
