Asia/Pacific News
Singapore: Singfar Orders Tanker Newbuilds
Singapore-based bunker, shipping and logistics firm Singfar International has ordered four, medium-range newbuild tankers.
The ships will be built at the Chinese shipyard of Chengxi and the move has been widely reported by maritime trade media.
The company's activities cover shipowning, vessel management and trading, according to its website.
It has been in the shipping busines for over three decades and recognises the importance decarbonisation in the maritime space. It is committed to the adoption of alternative fuels and achieving greater operational efficiency through digitisation, its website said.
Last year, the company joined a study on how methanol as an alternative marine fuel could be best developed in the southeast Asian shipping and bunkering hub.
