Singapore’s MPA completes first MFM acceptance test for distillates bunker delivery

The Maritime and Port Authority of Singapore has begun acceptance tests to roll out mass flow meters on bunker tankers for the delivery of distillates, with the first test completed last month, the MPA said Wednesday. “The first test was successfully completed in September 2018 and MPA is working closely with owners to schedule acceptance
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The Union Cabinet has given its ex-post facto approval to the Second Protocol amending the Comprehensive Economic Cooperation Agreement (CECA) between India and Singapore. The CECA was signed on August 24, 2018. Signing of the Second Protocol will enhance bilateral trade and deepen the economic cooperation between India and Singapore. It will also improve utilisation
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The Port of Singapore, one of the leading global bunker ports, is gearing up for the IMO’s new sulphur regulations that will change the landscape for the bunker industry. Namely, as of January 1, 2020, the shipping industry needs to switch to fuels containing 0.5 pct levels of sulphur, considerably down from the current 3.5
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 The Chinese Vice Premier Han Zheng, also a member of the Standing Committee of the Political Bureau of the Communist Party of China (CPC) Central Committee, was invited to visit Singapore from September 19 to 21. During his visit, Han inspected the Singapore City Gallery and PSA International Pte Ltd (PSA), and learned about the
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The Bomin Group, a supplier of marine fuels, announced that it will exit the bunker markets in Singapore and Antwerp. Going forward Bomin will operate from only two offices: Houston and Hamburg. The two offices will serve all Bomin customers in all German ports, the US Gulf Coast, Panama, Norfolk, and Ecuador. “The Bomin group
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German oil product trader Mabanaft’s marine fuel trading unit Bomin plans to close its Singapore and Antwerp, Belgium offices later this year, Bomin said. Bomin to operate only from Houston, Texas and Hamburg, Germany “The Bomin group is in a transformation and restructuring process and intense competition and low margins characterise the situation in all
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Supplier of marine fuels, the Bomin Group, has decided to exit the bunker markets in Singapore and Antwerp ahead of the 2020 sulphur cap. Following this move, the company will operate from Houston and Hamburg offices, serving its customers in all German ports, the US Gulf Coast, Panama, Norfolk, and Ecuador. “The Bomin Group is
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Singapore delivered bunker fuel demand is expected to see an uptick in September, compared with August when some shipowners opted to take their bunker fuel at other ports due to fuel quality concerns, market sources said this week. August bunker fuel sales in Singapore had dipped 9.2% year on year to 3.96 million mt, and
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Bunker fuel premiums in Singapore surged at the close of Asian trade Tuesday following a sharp uptick in ICE Brent crude oil futures during the Platts Market on Close assessment process, with prompt supply still seen as marginally tight. Singapore ex-wharf 380 CST bunker fuel premiums to the Mean of Platts Singapore 380 CST high
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BP Singapore has merged its fuel oil and gasoil trading teams ahead of the implementation of a tougher sulfur cap on bunker fuel from 2020, trade sources said this week. This could not be confirmed directly with BP at time of publication. The International Maritime Organization’s global bunker sulfur cap is due to fall to
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