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May
April, 2020
Date Headline Image
Wed22Apr
The minister noted that it was 'fortuitous' that the country had invited new bids for bunker supplier licences in December.
Singapore Minister Sees Hin Leong Credit Disruption as 'Manageable'
Wed22Apr
In wake of Hin Leong collapse.
MPA Reassures Bunker Market
Wed22Apr
The premium for delivered very low sulfur fuel oil (VLSFO) over cargo prices at Singapore widened by $5.11/mt to $12.50/mt by Monday's close.
Hin Leong's Troubles Strengthen Singapore Bunker Premium: Platts
Wed22Apr
The price spread between HSFO and very low sulfur fuel oil (VLSFO) at Rotterdam narrowed by $8.50/mt to $46.50/mt Tuesday, and has been hovering around record lows for the past week.
Wed22Apr
The company is currently finalizing operational needs and is targeting a start date in early May, a company representative told Ship & Bunker.
Minerva Bunkering to Launch Singapore Physical Supply Operation in Early May
Wed22Apr
The bunker supply chain does not have the inventory or supply-chain pressure affecting crude.
S&B VIEWPOINT: Don't Expect to See Negative Bunker Prices Any Time Soon
Tue21Apr
Meanwhile, U.K. begins human trials for coronavirus vaccine.
Oil Experts Say Bankruptcies In May Might Lead To Better Outlook By June
Tue21Apr
First quarter results record weaker profits on diminishing scrubber orders.
Wartsila Sees Profit Halved
Tue21Apr
The company will supply high sulfur fuel oil, very low sulfur fuel oil and marine gasoil in Singapore.
TFG Marine to Join Singapore Bunker Market at Start of May
Tue21Apr
Sums owed to local and international finance houses close to $4bn.
Banks Exposed in Hin Leong Collapse
Tue21Apr
Remaining two cruise ships at sea disembark passengers.
Cruise Companies Trim Costs to Weather Covid-19 Storm
Tue21Apr
In a court filing that came to light last week the son of billionaire company founder Lim Oon Kuin (OK Lim) said his father hid $800 million in futures losses sustained over a number of years.
Singapore Police Open Investigation into Hin Leong
Tue21Apr
In many ports we cannot measure the barge's tanks, a cause for concern should a major discrepancy occur, Petro Inspect founder Kaivan Chinoy tells Ship & Bunker.
Bunker Surveyors Facing Operational Restrictions
Mon20Apr
Meanwhile, experts say up to 30 percent of producers must restructure or face bankruptcy.
May Oil Contracts Plunge To The Negatives As The Call To Reopen The Economy Intensifies
Mon20Apr
The addition of the two companies takes Singapore's number of accredited suppliers to 45.
Mon20Apr
Falling oil prices and the prospect of better deals keeping buyers away.
Bunker Markets Lacklustre as Pandemic Squashes Demand
Mon20Apr
Contract rate remains stable despite weak demand.
Box Lines Keep a Handle on Capacity Management
Mon20Apr
The four filings compare with eight posted in February and 44 in January.
FONAR Filings to IMO Drop to Four in March
Mon20Apr
The company has identified about $30 million of capital expenditure that can be cut in its tankers division, where scrubber installations have been the main capital cost.
Stolt-Nielsen to Cancel Scrubber Installations Where Possible
Mon20Apr
The HSFO-VLSFO spread at Rotterdam narrowed to a record low of $34/mt on Wednesday, around a tenth of its level at the end of 2019.
Scrubber Economics Under Pressure as Rotterdam HSFO Discount Narrows Below Key $50/MT Barrier