• 2018 June 4 15:28

    MPA awards S$6 million to FueLNG Pte Ltd and Pavilion Gas Pte Ltd for building of two LNG bunker vessels

    The Maritime and Port Authority of Singapore (MPA) says it has awarded S$6 million to FueLNG Pte Ltd and Pavilion Gas Pte Ltd for the building of two Liquefied Natural Gas (LNG) bunker vessels, in a move that will help promote ship-to-ship LNG bunkering in Singapore.

    FueLNG Pte Ltd and Pavilion Gas Pte Ltd will each receive a co-funding grant of up to S$3 million for their respective LNG bunker vessel. The vessels are slated for delivery in 2020, and will be amongst the first of their kind in Asia. This is a significant step towards cementing Singapore’s position as a leading LNG bunkering hub in the Far East, catering to large ocean-going LNG-fuelled vessels.

    Mr Andrew Tan, Chief Executive of MPA, said, “LNG is a viable marine fuel solution to meet global environmental regulations such as the International Maritime Organization’s (IMO) 0.5% global sulphur cap from 1 January 2020. As the world’s largest bunkering hub, we are pleased to support the building of the first two LNG bunker supply vessels for the Port of Singapore. We look forward to the successful applicants contributing to the growth of ship-to-ship LNG bunkering in the Port of Singapore.”

    Mr Chris Ong, Chairman of FueLNG, said, “The MPA grant boosts our plans to provide ship-to-ship bunkering in addition to truck-to-ship bunkering for ship owners. Leveraging expertise from both Keppel and Shell, FueLNG aims to provide safe, cost-efficient and reliable solutions in LNG bunkering for global customers who pass through the Port of Singapore, which will encourage the adoption of LNG as a marine fuel.”

    Mr Frédéric Barnaud, Group Chief Executive Officer of Pavilion Energy said, “We are pleased to receive the MPA grant for the construction of an LNG bunker vessel. Pavilion Gas’ commitment to build its LNG bunkering business and infrastructure in Singapore and globally is a strong signal to shipowners and the bunkering community that LNG is a credible solution to achieve IMO’s 2020 ruling.”




2018 August 14

11:29 Rosterminalugol’s seven-month coal throughput hits the 13-million tonne mark
11:11 Crude oil futures price rises to $73.28 (London) and $67.81 (New York)
11:01 Diana Shipping announces continuation of time charter contract for m/v Protefs and a new time charter contract for m/v Nirefs with Hudson
10:58 GeoSea has taken delivery of self-propelled DP2 jack-up vessel ‘Apollo’
10:09 Safe Bulkers announces acquisition of a Capesize class dry-bulk vessel
09:30 Consolidated Marine Management selects ABS Advanced Solutions Enterprise Asset Management
09:14 Baltic Dry Index gains 18 points edging up to 1800pts mark
09:00 ABP to develop new technologies with Rolls Royce and Svitzer

2018 August 13

18:41 Port of Helsinki seven-month volume grows 10% to 8.88 million tonnes
18:27 Russian Gov’t to lend a helping hand to BAM and Transsib modernization project
18:23 HII awarded advance planning contract for CVN 74 RCOH
17:54 Nord Stream 2 submits application and EIA for an alternative route in Denmark
17:47 Board of Harbor Commissioners promotes Casey Hehr as Port of Long Beach Security Director
17:42 NYK to participate in demonstration project to remotely operate a ship
17:15 VT Halter Marine, Inc. launches VDOT's new ferry Powhatam
16:43 Swire Seabed's Seabed Worker commences new project with the Norwegian Petroleum Directorate (NPD) to collect seabed data in the Norwegian Sea
16:38 Spot market price for Russian M100 product ended last week higher at nearly RUB 18,000 / pmt
16:24 RKS-ENGINEERING chosen as the Krasnoyarsk Dam Shiplift overhaul project contractor
15:19 Cammell Laird launches Leander Frigate website following worldwide interest
15:03 Sea Port of St. Petersburg spends RUB 15,8 mln on OH&S programmes
14:05 Yang Ming named Provider of the Year 2018
13:43 PortNews to host live webcast of Marine Robotics: Laws, Applications, Technologies Roundtable, in Moscow and Vladivostok, August 24
13:27 Hapag-Lloyd posts net loss of US$115.3m in H1 2018
13:27 Cargo traffic at Port of Riga in Jan-Jul up 4.4% to 20.8 million tonnes
13:04 Norwegian Cruise Line reports financial results for Q2 2018
12:27 Coldharbour opens Singapore office, plans expansion in Asia
12:03 SEA\LNG welcomes Mexico-based ÉNESTAS to its membership coalition
11:03 Diana Containerships announces time charter contract for m/v Pamina with HMM
10:35 Crude oil futures price falls 0.34% to $72.56 in London and 0.28% to $67.44 in New York
10:21 The fire in the Port of Antwerp may continue for several days
10:09 Cheniere and CPC sign 25-year LNG sale and purchase agreement
09:51 Cargill opens innovation center to help raise fish farming standards in Indonesia
09:32 Leaders of five Capsian states sign Convention on legal status of the Caspian Sea
09:18 Baltic Dry Index edges down to 1691 points

2018 August 12

10:23 Viking Supply Ships AS sells three Icebreakers
10:14 Long Beach Board of Harbor Commissioners appoints Security Director
08:21 Polarcus awarded 3D project in West Africa
07:16 CMA CGM announces PSS from Brazil to West, South and East Africa, Middle East, Indian Ocean & West Coast of North India

2018 August 11

09:18 Major ports of India register growth of 4.13% in April - July 2018
08:07 CMA CGM announces FAK rates from Asia to the Middle East Gulf
07:12 Freeport of Riga Authority renews its integrated management system certification
07:10 LNG carrier Pskov loads first cargo from Yamal LNG second train

2018 August 10

18:29 HHLA Real Estate announces new appointments
18:19 Gulf Island Fabrication reports Q2 results
17:35 Yang Ming reveals H1 2018 financial report
17:05 CMA CGM announces FAK rates from Asia to Red Sea
16:23 Port of Hamburg welcomes MSC Meraviglia with over 5000 guests on board
16:16 Russian Railways: Loading of export cargo bound for domestic ports up 5.3% to 178.8 million tonnes in 7M’18
15:54 Hapag-Lloyd posts results for H1 2018
15:44 Throughput of Russian seaports in 7M’18 grew by 3.1% to 463.70 million tonnes
15:02 Polarcus announces termination of support service agreements
14:32 m.v. Amstelborg delivers wind turbines at the Great Lakes
14:02 GE Transportation pilot project begins at the Port of Long Beach
13:32 Port of Antwerp introduces innovative autonomous sounding boat with unique technology
13:25 Vasily Strugov appointed Deputy General Director for Fleet of FSUE Rosmorport
13:02 Maersk Line announces implementation of Star Care Reefer Service (CAS) - Philippines to World
12:31 Port of Long Beach container volumes drop by 4.4 percent in July 2018
12:01 Maersk and IBM introduce TradeLens blockchain shipping solution
11:39 Aker Solutions secures work on Johan Sverdrup
11:39 Port of Rotterdam Authority to replace a section of the slopes