SK Energy secures MPA approval for Singapore’s first MFM ULSFO barge

SK Energy International secured approval on Monday from Singapore’s Maritime Port Authority to offer 0.1% ultra-low sulfur fuel oil bunker fuel with an MPA-approved mass flow meter system from August 9, a company source said Tuesday. The MT Wisdom, which was chartered by SK for ULSFO delivery, is the first and the only MPA-approved MFM
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Wilhelmsen Ships Service is one of only four companies to have received the funding, following a Call-For-Proposal (CFP) by CAAS and the Ministry of Transport. The CFP aims to support the development of systems and technologies to enable innovations within the wide-ranging use of UAS. The maximum funding available for each project is SGD1.5 million,
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New automated cranes and vehicles are on trial at the Pasir Panjang Terminal and can boost productivity substantially, potentially bolstering Singapore’s status as a port hub. Port and terminal operator, PSA Singapore, introduced details of the automated machines to Minister for Transport Khaw Boon Wan and the media during a briefing at Pasir Panjang Terminal
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Bunker fuel sales in Singapore in June rose 2.2% year on year to 3.92 million mt, preliminary data released Friday by the Maritime and Port Authority of Singapore showed. June sales were however, down 8.4% from 4.28 million mt in May. Sales in June are also at a one-year low. Singapore bunker sales were last
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The Asia-Pacific region now makes up 50% of the top 10, with three of those centres making up the top four LONDON: Singapore remains unmoved at the top of the International Shipping Centre Development (ISCD) Index for the fifth successive year, following a benchmark report published on 10 July 2018 by the Baltic Exchange and
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Commodities trading in Singapore, Asia’s main trade hub, generated close to $1.2 trillion in revenue in 2017, 33 percent more than a year earlier on the back of higher prices and surging demand, a senior government official said on Thursday. “Notwithstanding current uncertainties and rising trade tensions we face today, the commodities market is broadly
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LONDON: Singapore-based owners are set to take delivery of 251 ships by the end of the year, the highest number of vessels on record yet. The last record was set ten years ago when Singapore’s shipowners took over just above 200 newbuilding vessels. “There will be some slipping in these planned orders as market weakness
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An oil/chemical tanker has been arrested in Singapore waters, according to data provided by Supreme Court of Singapore.  The 2008-built Grand Ace 12 was detained in the evening hours of February 28, 2018. The reason for the vessel’s detention was not disclosed. Focal Investigation & Security Agency has been appointed for security and investigation purposes
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Singapore paved the way for a third derivatives exchange in the city, a month after Deutsche Boerse AG called quits on its ambition for a futures venue in the Asian nation. Asia Pacific Exchange Pte, backed by Chinese investors, has received licenses from the Monetary Authority of Singapore to operate a derivatives exchange and clearinghouse,
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Busan New Port BNCT Terminal welcomed on February 6 the 20,600 TEU CMA CGM Antoine de Saint Exupery, one of the largest containerships in the world. Built at HHIC-Phil’s Subic facility, the giant boxship was delivered to its owner, CMA CGM, in January 2018. CMA CGM Antoine de Saint Exupery is the largest container vessel
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