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Saturday, January 20, 2018

MPA TO LAUNCH WORLD'S FIRST BUNKER SURVEYING CODE AND INTERNET PORTAL FOR E-TRADING OF BUNKER FUEL

The Minister for Communication and Information Technology, Mr. Yeo Cheow Tong, opened the 11th International Singapore Bunkering Conference (SIBCON) 2000 in Singapore and announced two initiatives to further boost Singapore's standing as the world's leading bunker port, which last year supplied a record 19 million tonnes of bunker fuel worth nearly $3.2 billion. MT Lim, Assistant to the Senior Vice President was among the delegates.

Mr Yeo announced that The Singapore Productivity and Standards Board (PSB) has, in collaboration with industry experts, formulated a new code, viz, the Code of Practice for Bunker Surveying or CP 77. Noting there is currently no standard practice for verifying the quality and quantity of bunker deliveries, he said the new code of practice for bunker surveyors, known as CP77, will result in a "more systematic, objective and accurate survey job on bunker quality”. “What this means to the shipowners, charterers and operators, is assurance of quality whenever the vessels take bunkers in Singapore”. Mr. Yeo believes that CP 77, the first of its kind, could well serve as a benchmark for the international bunkering industry.  

CP77 is now undergoing a two-month public comment period with training courses and implementation to follow. The Maritime and Port Authority of Singapore (MPA), together with the Singapore Maritime Academy, will be conducting training on CP 77 from November for bunker surveyors. Surveyors need to pass an examination and have a minimum of six months’ working experience to receive the Bunker Surveyor License. MPA expects to license the estimated 200 surveyors in Singapore by 1 January 2002.  

During his speech, he also announced that MPA will be developing an e-bunker system to bring the benefits of the IT revolution to the bunker industry. He said “ This will elevate the industry to the next competitive plane through attainment of greater transparency and efficiency”. 

For a copy of the full speech, please send your request to mt.lim@intertanko.com