Singapore Archives — City Business News

April 2, 2024 No Responses

Chevron Charters First Electric Tanker For Maritime Customers

Chevron is chartering its first hybrid electric bunker tanker, a vessel that fuels other ships, from V-Bunkers, the Singaporean bunker arm of energy and commodities company Vitol. According to Chevron, the tanker, owned and operated by V-bunkers, arrived at Singapore...

March 17, 2024 No Responses

Shell To Deploy New ‘Cutting-Edge’ Vessel

Singapore-based shipbuilding player, PaxOcean Group, has delivered a vessel, scheduled to work off the coast of Brunei for Brunei Shell Petroleum (BSP), a subsidiary of the UK oil major Shell. The Vessel was delivered to Automac Mult...

February 6, 2024 No Responses

SIFAX Group Consortium To Collaborate With FG, LASG On Aviation Development

SIFAX Group and its aviation partner, Changi Airports International from Singapore have opened discussions on strategic collaboration with the Federal Government and Lagos State government to develop the country’s aviation sector. SIFAX Group, through one of...

February 4, 2024 No Responses

Firm Secures Contract For LNG Carriers Repairs, Upgrades

Singapore’s Seatrium, previously known as Sembcorp Marine, has secured a favored customer contract (FCC) with Greek shipping company, TMS Cardiff Gas for the repairs and upgrades of LNG carriers. According to Seatrium, the partnership will focus on achieving...

October 5, 2022 No Responses

LNG: TotalEnergies Targets Top Position, Tô Expand Bunker Services

French energy giant, TotalEnergies is ramping up investments in Liquefied Natural Gas (LNG) in a scenario that excludes Russia and is in a ‘very favourable’ position to benefit from the evolution of energy markets as a result of the energy transition....

July 13, 2022 No Responses

Group To Boost Shipping’s Decarbonisation Agenda

Singapore-based Global Centre for Maritime Decarbonisation (GCMD) and England-based law firm Ashurst have formalised their partnership by signing a coalition partnership agreement, committing to a long-term collaboration to accelerate the maritime industry’s...

June 30, 2022 No Responses

LNG: Shell, CMA CGM Seal Supply Deal

French shipping giant, CMA CGM Group and oil and gas company, Shell have entered into agreements to work together towards accelerating the decarbonisation of the marine sector. Specifically, the partners have signed a multi-year deal for the supply ...

January 15, 2022 No Responses

Again, Singapore Is World’s Leading Maritime City

Singapore has retained the number one spot in the Leading Maritime Cities (LMC) report conducted by Norwegian classification society DNV and Norwegian consultancy Menon Economics AS. The 2022 edition of the LMC report was launched on 13 Ja...

July 12, 2021 No Responses

Singapore Sustains Position As World’s Leading Maritime Centre

Singapore has been ranked as the top global shipping centre for the eighth year running, a new report found. As explained, Singapore has been rated as the top location due to the size of its port, number of internationally-focused shipbrokers,...

March 2, 2021 No Responses

Total Secures LNG License

The Maritime and Port Authority of Singapore (MPA) said it has granted its third LNG bunker supplier license to Total Marine Fuels. The port authority noted in a statement that the license is for a five-year term starting January 1,...

January 19, 2021 No Responses

Singapore To Vaccinate 10,000 Maritime Workers

Singapore has become one of the first nations to prioritize COVID-19 vaccinations of frontline maritime personnel as part of its national vaccination strategy to protect frontline personnel. Under the Sea – Air Vaccination Exercise (SAVE), over 10,000 ...

May 1, 2020 No Responses

Singapore Unveils $27m Maritime Support Package

The Maritime and Port Authority of Singapore (MPA) revealed it would provide further financial support to the maritime industry in the wake of the global COVID-19 outbreak. As informed, the MaritimeSG Together Package will take effect from 1 May 2020....

January 16, 2020 No Responses

Firm Receives 1st LNG-Powered Tanker

Marine Vicky, Singapore’s first LNG-fueled bunker tanker, has been delivered to its owner, Sinanju Tankers Holdings.The 8,000 dwt newbuild, which was named in September 2019, was built at Keppel Nantong Shipyard in China. Featuring a length of 102.8 meters a...

July 15, 2019 No Responses

Singapore Maintains Position As World’s Top Shipping Location

Singapore has topped the 2019 Xinhua-Baltic International Shipping Centre Development (ISCD) Index for the sixth year running, the Baltic Exchange said. The index provides an independent ranking of the performance of the world’s largest cities that offer por...