Tag: Singapore

April 10, 2024

Singapore-registered vessels will be required to contribute a significant €330 million (US$355 million)m share of Asian shipping’s total emissions liabilities under the EU ETS, underlining the importance of the Lion City as a key maritime hub for both global trade […]

October 12, 2022

The funding will serve NTU to support the research efforts of the Maritime Energy & Sustainable Development (MESD) Centre of Excellence over a new five-year period until 30 September 2027 from this September. The funding targets a total of 14 […]

July 11, 2022

The accolades for Singapore’s maritime prowess show no sign of drying up. The Southeast Asian city-state has secured the top spot once again in the Xinhua-Baltic International Shipping Centre Development Index Report released today. It is the ninth consecutive year […]

January 14, 2021

Shell Plc’s Singapore bunkering unit, Shell Eastern Trading Pte Ltd, moved up a notch to be the top marine fuel supplier in the world’s biggest ship refuelling hub in 2020, official data showed, while the overall number of suppliers steadied […]

October 13, 2020

Since May 1, 2020, the Maritime and Port Authority of Singapore (MPA), together with Singapore Maritime Officers’ Union (SMOU) and Singapore Organisation of Seamen (SOS), have provided up to $800 per month in financial assistance to each Singaporean seafarer who […]

June 26, 2020

SEEDS Capital, the investment arm of Enterprise Singapore (ESG), has appointed six co-investment partners to provide the maritime ecosystem a strong leg-up by catalysing a combined S$50 million of investments into maritime technology startups. The six partners are Innoport, KSL […]

June 12, 2020

To date, the cases involved some 500 ships that include tankers, bulk carriers, containerships and offshore vessels, according to MPA. Despite the COVID-19 pandemic, Singapore continues to facilitate the disembarkation of seafarers on medical grounds, for compassionate reasons and for […]

July 12, 2019

The index provides an independent ranking of the performance of the world’s largest cities that offer port and shipping business services. Based on objective factors including port throughput and facilities, depth and breadth of professional maritime support services, as well […]

April 17, 2018

Singapore-based Pacific International Lines (PIL) returned to profitability in 2017 due to an increase in shipping revenue, container sales and initiatives which improved operational efficiency. The company reported a net profit of USD 119.5 million for the twelve-month period ended […]

January 25, 2018

Eleven countries, including Australia, Brunei Darussalam, Canada, Chile, Japan, Malaysia, Mexico, New Zealand, Peru, Singapore and Vietnam, finalized their agreement on the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) in Tokyo, Japan on January 23, 2018. It is expected […]