Thursday, September 30, 2021
Wednesday, September 22, 2021
Shell To Launch Singapore’s First Fully Electric Ferry
Shell has ordered at least three electric ferries to transport its Singapore employees. Expected to set sail in the first half of 2023, the new 200-seater single-deck ferries will be...
Friday, September 17, 2021
Vitol Building Two Hybrid Battery-Powered Bunker Tankers Bound for Singapore Harbor
V-Bunkers, the Singaporean bunker arm of Dutch-based Vitol, has placed an order to build two electric-hybrid bunker tankers. V-Bunkers intends to deploy these bunker tankers for harbor operations in Singapore,...
Tuesday, July 20, 2021
China Challenges Singapore as Asia’s Top Bunker Supplier
By Bloomberg News (Bloomberg) Singapore is facing the greatest competition yet to its status as the dominant marine fuel supplier in Asia, with China luring more ships to its shores following...
Monday, July 19, 2021
Singapore Prepares to Swap Oil Hub Status for Greener Future
By Andrew Janes and Dan Murtaugh (Bloomberg) — Royal Dutch Shell Plc announced late last year it would slash capacity by half at its biggest oil refinery. For Singapore, where the plant has...
Monday, May 24, 2021
Collapsed Singapore Oil Trader Founder Appeals $20 Million Order
By Chanyaporn Chanjaroen and Alfred Cang (Bloomberg) — Lim Oon Kuin, the founder of collapsed Singapore oil trader Hin Leong Trading (Pte.) Ltd, is appealing a court order to return funds...
Monday, May 3, 2021
Singapore-Based Sembcorp Marine Faces COVID-19 Headwinds, Skilled Worker Shortage
Singapore-based marine and offshore engineering Sembcorp Marine expects losses to continue this year as it faces COVID-19 constraints and a shortage of skilled workers. Sembcorp Marine provided the outlook in...
Sunday, May 2, 2021
Crew Change Crisis 2.0 – Singapore Bans South Asian Seafarers
Seafarers have been the invisible victims of COVID-19. Thanks to local restrictions and logistical challenges, hundreds of thousands have been stranded at sea – marooned on vessels for, in some...
Wednesday, April 21, 2021
Singapore Launches $90 Million Decarbonization Fund for Shipping
SINGAPORE, April 21 (Reuters) – The Maritime and Port Authority of Singapore (MPA) announced two initiatives on Wednesday to reduce the shipping industry’s greenhouse gas emissions, including a S$120 million ($90 million)...
Wednesday, April 7, 2021
Singapore Is The World’s Busiest Cruise Port (For Now)
By Chen Lin (Reuters) – Singapore currently accounts for a third of the world’s cruises its tourism body said on Wednesday, owing to the roaring success of its “cruises to...
Friday, April 2, 2021
Royal Caribbean Sees ‘Overwhelming Demand’ for Singapore’s Cruise to Nowhere
By Joyce Koh (Bloomberg) — Royal Caribbean Cruises Ltd. is extending the season for one of Asia’s largest cruise ships, because of what it said was “overwhelming demand” for its voyages...
Friday, March 5, 2021
Monday, March 1, 2021
VLCC Fire Sale – Singapore Tanker Tycoon O.K. Lim Liquidates One-Third His Fleet To Repay Billions Of Debt
By Jessica Jaganathan (Reuters) – About one-third of the roughly 150 ships owned by companies controlled by Singapore tycoon Lim Oon Kuin and his family have been sold as part...
Wednesday, February 24, 2021
Singapore Port Authority Backs Ammonia Fuel Project
SINGAPORE, Feb 24 (Reuters) – The Maritime and Port Authority of Singapore (MPA) has joined an industry-led project to advance the use of ammonia as a marine fuel to reduce...
Tuesday, January 19, 2021
Singapore Seeks to Vaccinate 10,000 Maritime Workers in January
Singapore has unveiled plans for an aggressive vaccination blitz for frontline maritime workers that aims to put some 10,000 needles in arms by the end of the month. The COVID-19...
Thursday, January 14, 2021
Shell Unit Named Singapore’s Top Marine Fuel Supplier of 2020
SINGAPORE, Jan 14 (Reuters) – Shell Plc’s Singapore bunkering unit, Shell Eastern Trading Pte Ltd, moved up a notch to be the top marine fuel supplier in the world’s biggest...
Tuesday, December 29, 2020
Losing Bet on Covid Is Changing Oil-Trading Industry Forever
By Alfred Cang (Bloomberg) — In January, as a mysterious illness ripped through the Chinese city of Wuhan, global oil prices plunged. Two thousand miles away in the island state of Singapore,...
Wednesday, December 9, 2020
Singapore’s ‘Cruise-to-Nowhere’ Ends Early Amid COVID Scare
By Chen Lin and Yi Shu Ng SINGAPORE, Dec 9 (Reuters) – A Royal Caribbean “cruise-to-nowhere” from Singapore began disembarking its nearly 1,700 passengers who were confined to their cabins...
Friday, November 6, 2020
Thursday, November 5, 2020
Shipping Fuel Demand Back to Pre-Pandemic Levels -Traders
By Roslan Khasawneh SINGAPORE, Nov 5 (Reuters) – Asian refiners’ profit from producing very low sulphur fuel oil (VLSFO) climbed to six-month highs this week as output cuts keep supplies...
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