Singapore-based Asia Pacific Exchange (APEX) has launched its first fuel oil futures contract for trading with an aim of creating a platform for energy industries and financial institutions to hedge and invest in the fuel oil market.

Singapore has once again topped the ranking of maritime capitals, and the city state is expected to be the most likely to remain among the five leading maritime centres globally in the future.

The Maritime and Port Authority of Singapore (MPA) has recently published a list of licensed bunker suppliers that are able to provide IMO 2020 compliant fuels in Singapore.

Singapore’s homegrown maritime solutions firm Claritecs has signed memorandums of understanding (MOUs) with several bunker operators to formalise collaboration to testbed its BunkerMaestro bunker operations scheduling platform.

Keppel Offshore & Marine (Keppel O&M) (B2 –F01), through its wholly-owned subsidiary Keppel Singmarine, has embarked on the development of an autonomous tug to be operated by Keppel Smit Towage.

Shell Marine will introduce its new two-stroke engine cylinder oil dedicated for use with ship engines running on 0.5% sulphur fuel into the Singapore market this year, ahead of the IMO 2020 regulation.

China's Belt and Road Initiative (BRI) is anticipated to create demand growth for shipping and Singapore is keen to continue playing an important role in the ambitious development strategy, according to Singapore’s minister for trade and industry...

Singapore Maritime Week (SMW) 2019 was officially launched on Sunday afternoon at Marina Square central atrium by, Khaw Boon Wan, Singapore’s Coordinating Minister for Infrastructure and Minister for Transport.

Vopak Terminals Singapore has kicked start its Sebarok tank expansion project that is set to add four new tanks to store marine gasoil (MGO) in anticipation of demand ahead of the IMO 2020 regulation.

The Singapore Maritime Week (SMW) 2019 has an eye on the future as the nine-day event is set to gather industry experts from around the world to delve deeper on how to drive connectivity, innovate and attract talent.