Standardised bunker delivery procedures helped Singapore to grow tremendously, since its adoption in early 1990s. Its bunker sales volume shot up to 45.16 million metric tonnes (mt) in 2015, making Singapore the world’s largest bunkering port.
How to sustain the Lead?
The adoption of the mass flow metering system for bunkering at the Port of Singapore, commencing with the first MFM system approved under this project in 2012, will provide both the bunker buyers and suppliers with better assurance of the quantity of bunker delivered.
The world’s first National Technical Reference for Bunker Mass Flow Metering(TR48 : 2015) was launched on 16th February, 2016 in support of the Maritime and Port Authority of Singapore (MPA)’s and industry’s initiative to use the mass flow metering (MFM) system for marine fuel oil deliveries in Singapore with effect from 1 January 2017. This TR sets out clear requirements for measurement and system integrity that provides a fair basis for custody transfer between the bunker supplier and bunker buyer in Singapore.
Experts are confident that this new TR 48, a new bunker fuel measurement standard, is for the benefit of the bunkering industry in Singapore. This TR ushers bunker fuel measurement into the digital age and will help Singapore’s efforts to maintain its position as the world’s top bunkering port in terms of tonnage.
“The mass flow metering system has a number of key benefits; most importantly transparency, efficiency and security. It can also help marine vessel operators save up to an estimated three hours [1] and US$5,000 [2] per refuelling. Looking ahead, we will continue to invest in innovation that can help to set new standards of transparency and reliability for fuel measurement, throughout each stage of the supply chain,” said Mr Wong Suan, Regional Sales Manager of ExxonMobil Asia Pacific Pte Ltd.
Source: MPA
