bunkering

MPA Singapore withdraws bunker craft licence from Inter-Pacific

The Maritime and Port Authority of Singapore (MPA) withdrew bunker craft operator licence of Inter-Pacific Petroleum Pte Ltd, beginning from 15 October 2019. Therefore, Inter-Pacific is not allowed to operate as a bunker craft operator in the Port of Singapore.

Bunker tracing test using blockchain successfully conducted

Key shipping players partnered and successfully trialled a project concerning the testing of a bunker fuel using blockchain and DNA-marked fuels, which will be able to manage risk for marine fuels by creating a transparent chain of custody.

Drewry, ESC jointly launch BAF transparent indexing mechanism

Drewry and the European Shippers’ Council launch a bunker adjustment factor mechanism and bunker charge guide to help shippers monitor and control bunker charges as shipping lines switch to the more expensive bunkers required under the IMO 2020 low-sulphur regulation.

Compendium on bunkering ops launched

The American Club published ‘Bunkering – A Compedium’ report, providing details on approaches towards loss prevention initiatives, demanded by both regulations and by supplying guidance on operations and management, ashore and afloat, aimed at obviating exposures with both a P&I and FD&D insurance implications.

Malaysia plans to advance its bunkering business

Malaysia is examining plans to enhance its bunkering sector, so as to catch up with Singapore’s performance in the similar industry, according to the Malaysian Minister of Transport Anthony Loke Siew Fook. Currently talks are underway, with the main problem being that Malaysia’s bunkering facilities are not big enough.

US: Iran sanctions regarding bunkering operations

In an updated FAQs document, US OFAC clarifies that, even for vessels carrying lawful cargo to and from Iran, the provision of bunkers is unlawful and subject to US secondary sanctions, wherever it takes place, in the event the bunkering operation involves, inter alia, US financial institutions.

Elenger conducts first LNG bunkering in Hanko port, Finland

Elenger, a subsidiary of Estonian energy company Eesti Gaas operating in foreign markets, began providing LNG bunkering services to LNG-powered vessels in the port of Hanko, Finland for the first time, in addition to Tallinn and Helsinki, where the company already operates. 

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