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Singapore grants two new bunker supplier licenses

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The world’s largest ship refuelling hub – Singapore – has given to new bunker supplier licenses as volumes rise in the first quarter despite the COVID-19 pandemic.

The Maritime & Port Authority of Singapore (MPA) has granted new bunker supplier licenses to Minerva Bunkering and TFG Marine, following a call for applications in December last year.

It brings the total of licensed bunker suppliers in the Port of Singapore to 45. “Minerva Bunkering and TFG Marine will also be required to each operate at least two clean energy dual-fuelled bunker barges. This will help drive more sustainable bunkering activities in the Port of Singapore,” the Maritime & Port Authority of Singapore (MPA) and Enterprise Singapore (ES) said in a joint statement.

In the first quarter of 2020 Singapore reported a 5.4% growth in bunker sales to 12.72m tonnes compared to 12.07m tonnes a year earlier, despite the ongoing COVID-19 pandemic.

“MPA will continue to work closely with industry stakeholders to carry out periodic reviews to establish a robust regulatory framework that ensures the quality and availability of bunker in the Port of Singapore.  Singapore continues to undergo a successful IMO 2020 transition to serve the needs of the industry during COVID-19 whilst maintaining its position as the global bunkering hub,” the statement said.

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