Insatech: Control could weaken Singapore bunker market

There are major challenges and ambitions tied to the Port of Singapore's decision to become the first port in the world to introduce the mandatory use of mass-flowmeters in order to get rid of bunker fraud, says flowmeter supplier Insatech.
Photo: Insatech
Photo: Insatech
BY JØRGEN RUDBECK

It could impact the entire bunker trade in the Port of Singapore when authorities during 2014 plan to introduce mandatory bunker control as an effort to protect bunker customers against fraud, says Carsten Hounsgaard, project sales manager at supplier Insatech, which delivers mass-flowmeters to control bunker transfers. This is exactly the kind of system Singapore plans to implement.

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