Tag: Singapore

Impact & Regulations

Singapore’s EU ETS liabilities of €330 million can accelerate green shipping initiatives

April 10, 2024

Via: Container News

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 […]


Singapore supports maritime decarbonisation projects with new funding

October 12, 2022

Via: Offshore Energy

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 […]


Singapore tops another maritime hub survey

July 11, 2022

Via: Splash 247

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 […]


Shell Unit Named Singapore’s Top Marine Fuel Supplier of 2020

January 14, 2021

Via: gCaptain

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 […]


Singaporean seafarers get additional unemployment assistance

October 13, 2020

Via: Offshore Energy

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 […]


Singapore: Maritime technology startups to benefit from new initiative

June 26, 2020

Via: Offshore Energy

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 […]


Singapore approves over 4,000 crew change cases during coronavirus

June 12, 2020

Via: Offshore Energy

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 […]


Singapore Remains World’s Top Shipping Center

July 12, 2019

Via: World Maritime News

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 […]


Pacific International Lines Delivered Profit in 2017

April 17, 2018

Via: World Maritime News

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 […]

Impact & Regulations, Shipping

11 Nations Hammer Out Deal on Trans-Pacific Partnership

January 25, 2018

Via: World Maritime News

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 […]