BUNKER INDEX :: Price Index, News and Directory Information for the Marine Fuel Industry



« News Home
:: Monthly Archive

News Topics
:: Air Pollution
:: Agreements & M&A's
:: Alternative Fuels
:: BunkerBlog
:: Cargoes & Storage
:: Company News
:: Efficiency, Costs & Charges
:: Environment
:: Events
:: Financial
:: Fuel Quality & Testing
:: Lubes & Additives
:: Oil Spills
:: People
:: Port News
:: Projects
:: Regulation, Legal
:: Services, Products,Technology
:: Statistics & Research
:: Vessels

Regional Archive
:: Americas
:: Asia/Oceania
:: Europe
:: M.East/Africa


BUNKER INDEX :: Price Index, News and Directory Information for the Marine Fuel Industry
Home » News





Launch of world's first national standard for bunker mass flow metering

22 Feb 2016 09:12 GMT

New standard is said to provide 'a fair basis for custody transfer' between suppliers and buyers.



The world's first National Technical Reference [TR] for Bunker Mass Flow Metering (TR48 : 2015) was launched last week 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.

According to a statement by the MPA, the TR "sets out clear requirements measurement and system integrity that provides a fair basis for custody transfer between the bunker supplier and bunker buyer in Singapore".

The MPA has reported record bunker sales volume of 45.16 million metric tonnes (mt) in 2015, making Singapore the world's largest bunkering port. The TR was described by the MPA last week as being "crucial for the support of the further growth of Singapore's bunkering industry".

The MPA added: "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."

Wong Suan, Regional Sales Manager of ExxonMobil Asia Pacific Pte Ltd., remarked: "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 and US$5,000 per refuelling [for each 1,000-mt delivery at $300/mt]. 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."

Teo Choo Wee, Executive Director of Pacific International Lines (Pte) Ltd., said: "80% of Pacific International Lines' total bunker consumption comes from Singapore. The use of mass flow meters has enabled us to shorten the time for receiving bunkers at Singapore, and as a result, improve our vessels' service efficiency."

TR48 has been developed under the auspices of the Technical Committee for Bunkering of the Chemical Standards Committee (CSC). The CSC is one of the 12 Standards Committees of the industry-led Singapore Standards Council set up by SPRING Singapore, the national standards body.

"The Technical Committee for Bunkering pioneered TR 48, a new bunker fuel measurement standard, 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," said Seah Khen Hee, Chairman, Technical Committee for Bunkering.

The multi-stakeholder Working Group appointed by the Technical Committee for Bunkering comprising SPRING, MPA, A*STAR and stakeholders from the marine, shipping and oil and gas industry completed this standard after extensive consultation with various stakeholders which included the MPA-coordinated trials.

The trials used mass flow meters that were verified and sealed by SPRING and the trials data were analysed by A*STAR’s National Metrology Centre (NMC) to determine the performance of the MFM system.






Related Links:


Latest News:

Fenosa and Balearia ink Spain's first fixed-term LNG bunker supply deal
Cockett seeks credit controller in Dubai
Part-load optimisation delivers bunker savings for MAN auxiliary engines
Petrobras reveals barge fleet for Vitoria, Praia Mole and Tubarao
U.S. crude inventories continue to decline.
Oil and fuel oil hedging market update
Queen Elizabeth's fuel supply system equipment made in UK
Open season launched for Germany's first LNG terminal
Ivar Oil rebrands as ScanOcean, refreshes team with Carlberg and Ahlqvist
After closing earlier this week above $70, Brent is now around $68.8
Oil and fuel oil hedging market update
VPS tops Singapore list with most licensed bunker surveyors




Page Links:

Prices
Africa
Asia
Latin America
Middle East
North America
North Europe
South Europe
Index Summary
Price Highlights
Commentaries
Futures
Prices
Antwerp
Busan
Cape Town
Fujairah
Houston
Istanbul
Kaohsiung
Las Palmas
Maracaibo
New Orleans
Piraeus
Rio de Janeiro
Rotterdam
Santos
Singapore
News
Latest News
Blogs
Archive
Americas
Asia
Europe
Middle East
News
Air Pollution
Agreements & M&A's
Alternative Fuels
Cargoes & Storage
Efficiency, Costs & Charges
Environment
Events
Financial
Fuel Quality
Lubes & Additives
Oil Spills
People
Port News
Projects
Regulation/Legal
Services, Products, Technology
Statistics & Research
Vessels
Contact & Terms
Contact Us
Advertise
Terms & Conditions
Privacy Policy
Events
Upcoming Events