MPA

LNG Touted To be the Green Fuel of Tomorrow

Singapore is pushing the shipping industry to use cleaner fuels such as liquefied natural gas (LNG) in a bid to reduce the city state’s carbon emissions, reports Seatrade Maritime News.

MSGI gets a five year extension

A five-year extension of the Maritime Singapore Green Initiative (MSGI) to 2024 sees a shift in focus to decarbonisation and includes incentives related to the adoption of LNG as a marine fuel.

The extentions and new incentives were announced by Maritime & Port Authority of Singapore...

http://mfame.guru/lng-touted-to-be-the-green-fuel-of-tomorrow/

MPA-DNV GL Jointly Launched a Digital Initiative With Decarbonization Emphasis

According to an article published in The Port Technology, the Maritime Port Authority of Singapore (MPA) has officially launched ‘digitalPORT@SG’, a digital portal for one-stop regulatory transactions, as part of efforts to promote decarbonization and digital collaboration with DNV GL.

It made the announcement at the Global Maritime Forum (GMF) Annual Summit in Singapore, which was attended by Singapore Deputy Prime Minister and Minister for Finance, Heng Swee Keat.

What is it?

The...

http://mfame.guru/mpa-dnv-gl-jointly-lauched-a-digital-initiative-with-decarbonization-emphasis/

MPA Singapore Forges Ahead, Sets New Excellence Standards!

  • The Maritime and Port Authority Of Singapore is setting new standards of excellence globally.
  • It has been leveraging the Business Excellence framework to place a strong emphasis on continuous improvement, innovation, and customer-focused services.
  • It won the Singapore Quality Award (SQA) in 2016 and the Innovation Excellence Award this year and ranked as the “Best Asian Port”.

According to an article published in The Business Times, a key global maritime player, the Maritime and Port Authority...

http://mfame.guru/mpa-singapore-forges-ahead-sets-new-excellence-standards/

Inter-Pacific Petroleum Gets Its Bunker Craft Licence Revoked

The Maritime And Port Authority (MPA) of Singapore has stripped marine fuel services provider Inter-Pacific Petroleum (IPP) of its bunker craft operator licence in the port of Singapore, effective immediately, reports The Strait Times.

Interference in bunker measurements 

The agency noted, “MPA’s checks and subsequent investigations revealed magnetic interferences affecting measurements of bunkers supplied in numerous Mass Flow Meter readings across Inter-Pacific’s fleet of bunker tankers.”

The...

http://mfame.guru/inter-pacific-petroleum-gets-its-bunker-craft-licence-revoked/

Singapore Marine and Coastal Database GeoSpace-Sea, Launched by MPA

  • MPA launched a new database on Singapore’s waters, called GeoSpace-Sea, similar to SLA’s OneMap to provide geospatial data for port and environmental management. 
  • GeoSpace-Sea initiative is a joint venture between the MPA, NUS, SLA, PUB and the National Environment Agency. 
  • The system to be developed in phases, with the first phase including the collation of hydrographic data. 
  • The initiative benefits Singapore marine conservation, climate change adaptation and disaster response.

The Maritime...

http://mfame.guru/singapore-marine-and-coastal-database-geospace-sea-launched-by-mpa/

Singapore Delivered 0.5% Bunker Term Prices Leading-up To IMO 2020

  • Singapore is the world’s largest bunkering hub, with bunker sales volumes totaling 49.8 million mt in 2018, according to data from the MPA.
  • Due to China’s own regulation to cap sulfur content in bunker fuel at 0.5% in January, the price of blending stocks to produce 0.5% sulfur bunker fuel jumped at the same time.
  • Due to surging blending stocks prices, the premium for Marine Fuel 0.5% to the Mean of Platts Singapore 380 CST high sulfur fuel oil assessments hit a historical high of $135/mt on...

http://mfame.guru/singapore-delivered-0-5-bunker-term-prices-leading-up-to-imo-2020/

Interview: Industry’s Preparations for IMO 2020 Rule Shows ‘Significant Progress’

  • The shipping industry has been making ‘significant progress’ to prepare for the International Maritime Organization’s global sulfur limit rule for marine fuels.
  • There have been a number of announcements from both international as well as state oil companies about the availability of 0.50% sulfur compliant bunker fuels.
  • There is an availability of different types of fuels such as VLSFO, MGO, ULSFO, distillates, residual fuels with abatement technology, and alternatives such as LNG.
  • Major ports...

http://mfame.guru/interview-industrys-preparations-for-imo-2020-rule-shows-significant-progress/

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