Singapore bunker sales rise amid Red Sea crisis

Sales of marine bunker fuel at Singapore climbed 8.5% in the first half of 2024, official data showed on July 15, as shipping disruptions in the Red Sea boosted global bunkering demand, though demand slowed month-on-month in June. In the first half of 2024, Singapore, the world’s largest vessel bunker hub, saw total bunker sales

ExxonMobil, Tata NYK completed a delivery of bio-based marine fuel oil

ExxonMobil successfully completed a commercial bio-based marine fuel oil bunkering in the port of Singapore on 26th September 2022. Tata NYK Shipping deployed its Sagar series of vessel (MV Sagar Moti), currently carrying salt from Mundra (in India) to Vietnam, which received ExxonMobil’s marine biofuel via a ship-to-ship transfer in Singapore waters before heading to

MSC to encourage use of biofuel in its fleet

Mediterranean Shipping Company S.A (MSC) has announced that it is a adopting ‘MSC Biofuel Solution’ for ocean operations at selected ports. The company offers customers the opportunity to join forces with MSC to decarbonise their supply chains and achieve their climate targets. The company sources have revealed that they procure bunkers and low-carbon certified sustainable

Maersk to go green early as new fuel options speed up transition

A.P. Moller-Maersk A/S, one of the world’s largest oil consumers, will reach its goal of becoming carbon neutral ahead of a 2050 deadline because the green transition in shipping is turning out to be easier than expected, its chief executive said. “It will go a lot faster,” CEO Soren Skou said. The Copenhagen-based company will