Bunker Tanker Held for Illegal Oil Siphoning Resumes Operations

A Singapore-registered bunker tanker arrested due to its participation in an alleged illegal marine gas oil (MGO) siphoning operation has resumed normal operations, reports Manifold Times.

Bunkering operations resume

Alex Ow Yong, Fleet Agency Director, Agency Division of Singapore-based ship management firm Iships Mgmt Pte Ltd. confirmed, “We have received clearance from the Police Coast Guard for Marmoris (SB802G) to resume bunkering operations.”

Crew arrested

Mr. Ow noted the bunker tanker’s...

https://mfame.guru/bunker-tanker-held-for-illegal-oil-siphoning-resumes-operations/

Key Indicators in the Asia Residual Fuel Market : May 17-21

Traders have said some storage costs of unsold oil are being offset, especially with weak bunker demand in Singapore, as the Asian low sulfur fuel oil market June/July contango widens, according to bunker suppliers says an article published in Platts.

The Asian high sulfur fuel oil market was witnessing contrasting indications of demand for power generation from the Middle East, led by Saudi Arabia, while heavy showers, rising infections, and falling demand in Sri Lanka cast a bearish sentiment.

M...

https://mfame.guru/key-indicators-in-the-asia-residual-fuel-market-may-17-21/

[Watch] How Digitalization Optimizes Bunkering at Port of Singapore

As part of its maritime innovation and digitalization series, MPA Singapore shared a video explaining how a web-based software simplifies and optimizes the bunkering process.

Disclaimer: This video is intended for informational purpose only. This may not be construed as a news item or advice of any sort. Please consult the experts in that field for the authenticity of the presentations. 

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Source: Safety4Sea

The post [Watch]...

https://mfame.guru/watch-how-digitalization-optimizes-bunkering-at-port-of-singapore/

India’s Covid Crisis Leads To Supply Disruptions

The ongoing second wave of the deadly coronavirus pandemic in India is expected to snowball into a major disruptor for the shipping and logistics industry as several ports globally are shunning ships which have called at any location along the South Asian coastline, S&P Global.

Mountains of disruptions

Bunkering operations could also come in the ambit of this catastrophic wave that has engulfed India, although no major disruptions have been noted yet as demand has been lackluster, bunker industry...

https://mfame.guru/indias-covid-crisis-leads-to-supply-disruptions/

TFG Marine To Kick Start UK Bunkering Operations

  • TFG Marine Pte Ltd will start bunkering operations at the Falmouth Anchorage, off the South West Coast of the United Kingdom.
  • TFG Marine will provide bunker operations from this month with two SIRE inspected barges and plans to add further barges to this operation over time.
  • The agreement will allow TFG Marine to access volumes from the terminal of VLSFO, LSGO, as well as HSFO for ships with on-board scrubbers.

TFG Marine, the global marine fuel supply and procurement company created by...

https://mfame.guru/tfg-marine-to-kick-start-uk-bunkering-operations/