East Of Suez Fuel Availability Outlook

Credits: Jens Rademacher/ Unsplash
  • Singapore’s fuel oil imports and exports both averaged 15% lower in December, with imports notably declining to a seven-month low.
  • Demand remains very healthy in Hong Kong, and lead times of around seven days are recommended for all grades.
  • VLSFO and LSMGO remain readily available in India’s Mumbai, with short lead times of 2-3 days.

Bunker demand for VLSFO has been average in Singapore coming off the New Year holidays, a source says. Recommended lead times...

https://mfame.guru/east-of-suez-fuel-availability-outlook/

Singapore’s US$14 Billion Mega-Port Desires To Solve Shipping Chaos

As economies worldwide struggle to untangle unforeseen congestions in the global supply chains, one of the busiest ports in the world is currently backing a modernization plan to provide next-gen solutions.

Singapore is forging ahead with a $14 billion assignment to build the biggest automated port in the world by 2040 — one that is double the existing space and boasts drones and driverless vehicles. The city-state kick-started the operations at two new berths in 2021, and the construction work...

https://www.marineinsight.com/shipping-news/singapores-us14-billion-mega-port-desires-to-solve-shipping-chaos/

Hydrogen-Powered & Zero-Emission Vessel Arrives In Singapore On Its World Tour

Hydrogen-powered And Zero-emission Vessel

The hydrogen-powered and zero-emission vessel will make its only Asia stopover at Marina ONE degrees15 from 10 to 20 March 2022. The vessel is on a world tour to promote sustainable solutions in newer energy technologies.

The arrival of the vessel coincides with the opening of the Franchophonie Festival 2022, an event that celebrates French language and francophone cultures.

MPA Singapore feels honoured to have our Chief Executive, Quah Ley Hoon, grace the opening of the festival. Ley Hoon said,...

https://www.marineinsight.com/shipping-news/hydrogen-powered-zero-emission-vessel-arrives-in-singapore-on-its-world-tour/

Singapore Heeds Tech To Support Shipping Industry

  • Singapore is looking to build on its pivotal role in the world’s oceangoing trade lanes.
  • The city-state is offering incentives to draw $15 billion in investment across all aspects of the marine freight business, with an eye on tech.

    According to an article published in The Wall Street Journal, Singapore is looking to build on its pivotal role in the world’s oceangoing trade lanes, aiming to bring in investment of $15 billion across all aspects of maritime trade—with an eye on tech.

    Technologic...

https://mfame.guru/singapore-heeds-tech-to-support-shipping-industry/

Singapore Receives Accolade for ‘Green Port’

  • The MPA of Singapore announced the Port of Singapore has been recognised as an Asia-Pacific Economic Cooperation (APEC) Port Services Network (APSN) Green Port in 2020.
  • This is the third consecutive time that MPA has received the accolade since it was launched in 2016.

Regional shipping and bunkering heavyweight Singapore has been named Green Port 2020 by the regional economic and business organization APEC, reports Ship & Bunker.

The award is in recognition that that Singapore has met the...

https://mfame.guru/singapore-receives-accolade-for-green-port/

SSA Clarifies Doubts On Latest Covid 19 Measures At Singapore Port

  • The Singapore Shipping Association (SSA) clarifies doubts raised by bunker suppliers & surveyors regarding the latest Covid-19 measures introduced at Singapore port.
  • The SSA says that several industry players believe the latest changes could adversely affect waterfront operations.
  • Caroline Yang, President of SSA, addressed comments earlier raised by them.
  • Topics related are Port Marine Circular (PMC No. 04), seven-day restriction, contactless bunkering, sampling point, hose connection, loading...

https://mfame.guru/ssa-clarifies-doubts-on-latest-covid-19-measures-at-singapore-port/

Singapore HSFO Sales Topped 1mn Tonne

  • HSFO sales in Singapore topped 1mn t in October and is an increase of 130,000t from September.
  • The premium of gasoil bunkers over HSFO bunkers declined significantly, to an average of $65/t so far this month.
  • HSFO bunker prices in few other ports were at an average of $7/t more than in Singapore in October.
  • Roughly 3,396 vessels called at Singapore to refuel in October, down from 3,455 vessels in September.

Singapore topped 1mn t HSFO bunker sales in October for the first time this year, says...

https://mfame.guru/singapore-hsfo-sales-topped-1mn-tonne/

Essential Maritime Services To Continue Amidst Lock-down

  • Port of Singapore will remain open for cargo operations and will continue to provide essential marine services, including bunkering, ship stores and ship supplies.
  • Essential maritime activities are exempted from the suspension.

As maritime is a key economic sector and the Port of Singapore is critical in ensuring the flow of goods, it will remain open for cargo operations and will continue to provide essential marine services including bunkering, ship stores and ship supplies, reads a press...

http://mfame.guru/essential-maritime-services-to-continue-amidst-lock-down/

Singapore Port : A Free Port With Strategic Position Becoming A Maritime Hub

According to a Ship Technology report, Singapore has topped the 2019 Xinhua-Baltic International Shipping Centre Development Index, which ranks cities that offer port and shipping business services, for the sixth consecutive year.

Here is a look at the city-state’s shipping history and the reasons for its continued success.

A Free Port Open To All

“The Port of Singapore is a free port, and the trade thereof is open to ships and vessels of every nation, equally and alike to all.”

So wrote British...

http://mfame.guru/singapore-port-a-free-port-with-strategic-position-becoming-a-maritime-hub/

World’s First LNG Ship-to-ship Refueling by Pavilion in Singapore

Image processed by CodeCarvings Piczard ### FREE Community Edition ### on 2019-02-18 17:41:56Z | |
  • Pavilion performed world’s first ship-to-ship LNG refueling operation 2000 cubic metres of LNG.
  • The refueling was done at Singapore port which has already become the world’s largest bunkering hub in 2018 with a fuel sale of 49.8 million tonnes.
  • The company along with its licensed bunker supplier Pavilion Gas, is planning to be the ultimate bunker supply solutions in the Singapore region.
  • This...

http://mfame.guru/worlds-first-lng-ship-to-ship-refueling-by-pavilion-in-singapore/