Fri 2 Jan 2009, 08:06 GMT

Deferment to benefit over 100 bunker tankers


MPA hopes decision will help industry adjust to changing business climate.



The Maritime and Port Authority of Singapore (MPA) has said that its decision to postpone the introduction of additional port dues for older bunker tankers will benefit the operators of more than 100 bunker tankers.

Commenting on the decision, Captain M Segar, Group Director (Hub Port) said "We hope this deferment will contribute towards helping the industry adjust to the changing business climate.

"The bunkering industry is an important component of Singapore's maritime cluster, and integral to our growth as a premier hub port," Segar commented.

Earlier this week, the MPA announced that it was deferring the implementation date of additional port dues for bunker tankers that are 16 years old and above from 1st January 2009 to 1st January 2010.

The MPA said the introduction of the surcharge was meant to discourage the operation of older bunker tankers due to their higher impact on the environment and lower operational efficiency.

The measures were part of the MPA's "continuous efforts to grow the industry as a younger, more efficient and environmentally-friendly fleet of bunker tankers in the Port of Singapore".

The port dues surcharge will be implemented from 1st January 2010 in accordance with the table below.


RINA employee on board vessel. RINA unveils Mermaid propulsion concept to navigate uncertain decarbonisation landscape  

Fuel-agnostic design claims savings of more than 1,000 tonnes per year in some applications.

Adinkerke and Aalter naming ceremony. Exmar names third and fourth dual-fuel ammonia-powered vessels  

Midsize gas carriers Adinkerke and Aalter named at formal ceremony.

Professor Lynn Loo, GCMD. GCMD outlines practical approach to quantity assurance in marine biofuel supply chains  

New report addresses verification of both total fuel volume and renewable content in biofuel transactions.

Steel-cutting ceremony of London Express class vessel. Hapag-Lloyd cuts steel for first vessel of new London Express class  

16,800-TEU LNG dual-fuel vessel is first of 12 newbuildings in the class.

Vessels at sea. DNV report warns regulatory uncertainty complicates fleet investment decisions  

CEO urges greater clarity to provide the confidence needed for long-term investment.

Blue Whale NxtGen Energy battery system. Corvus Energy launches LFP battery system developed with BYD Energy Storage  

Blue Whale NxtGen Power targets tugs, ferries and workboats with high power demand.

Welcome ceremony of Yampu vessel. World’s first battery-powered self-unloading bulk carrier enters service in Australia  

MV Yampu connects South Australia’s limestone trade with a battery-electric propulsion system.

Skipanes vessel. E-methanol-ready ro-ro vessel delivered to Smyril Line  

190-metre vessel is built for year-round North Atlantic operations and designed for future e-methanol conversion.

Belgium flag. Sunoil Biodiesel secures approval to supply biofuels in Belgium  

Dutch biofuel supplier expands its European footprint with Belgian market entry.

Tacoma Maersk naming ceremony. Maersk takes delivery of dual-fuel methanol-capable Tacoma Maersk in China  

9,000-TEU vessel is one of six mid-sized dual-fuel ships joining Maersk's fleet.