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SGTraDex platform used by EMF and CMS to exchange carbon credits and Proof of Sustainability certificates for a bunker fuel transaction. Singapore bunker supplier Equatorial Marine Fuel Management Services (EMF), commodities decarbonisation platform Carbon Management Solutions (CMS), and the Singapore Trade Data Exchange (SGTraDex) on Monday (6 November) entered into a collaborative milestone for a bunker.
Singapore bunker supplier Equatorial Marine Fuel Management Services Pte Ltd (EMF) has launched a sustainable energy business unit to support maritime decarbonisation, learned bunkering publication Manifold Times. “The Sustainable Energy business unit started in July 2023 and we created this dedicated business unit to show our commitment towards a sustainable future,” explained Choong Zhen Mao, Executive.
The past few years have thrown an intense spotlight on shipping’s global role in emissions, and the industry faces a multitude of challenges in the years ahead as it moves toward net zero. The International Maritime Organization, the governing body, has set ambitious targets to reduce greenhouse gas emissions from ships, and there indeed is.
Singapore bunker supplier Equatorial Marine Fuel Management Services (EMF) in late June completed a carbon credit transaction with commodities decarbonisation platform Carbon Management Solutions (CMS). The purchase, conducted through a collaboration between CMS and carbon credit exchange Xpansiv, was for ‘lower carbon’ marine fuel oil. Bunker fuel from this transaction will be utilised by EMF.
Equatorial is proud to announce that we have been ranked as the top bunker supplier in Singapore for 2022! We are grateful to all our valued customers and partners for their strong support in helping us achieve this. We will continue to do our best to deliver top quality products and services. Maritime and Port.
Several stakeholders in Singapore’s bunkering industry, including Equatorial Marine Fuel, provided insights on Singapore’s marine fuels landscape in the near future. Equatorial sees Singapore as still being the leading bunkering hub in the world, especially with the focus on a multi-fuel future. Singapore is not just a hub for bunkering, but a hub for many other aspects, such as financing, trading and digitalisation.
Equatorial participated in a panel discussion at SIBCON 2022 and discussed the commercial realities of the bunker markets. A wide range of topics were covered such as medium-term volume projections, current trade market behaviours and risk, supply chain visibility and origination issues, as well as credit.
Singapore bunker supplier Equatorial Marine Fuel, the second-largest supplier at the world’s largest bunkering hub, has launched sales of biofuel blends.
Equatorial spoke on the topic “Shaping up to the fundamentally same but radically different bunker industry”, sharing its insights on the fundamental principles of the business of bunkering; price, quality goods and services, and trust.
Efficiencies gained from using the platform, Equatorial told TradeWinds, could result in savings in the region of 50,000 man-hours as it cuts out many time-consuming manual processes.
The seven SGTraDex-linked bunker tankers, namely Sea Diligence, Sea Fortitude, Sea Bountiful, Sea Reliance, Golden Bravo, Sea Loyalty, and Sea Brilliance, represents part of Equatorial’s perpetual push towards the implementation of trust and transparency in business operations.
Equatorial participated in a panel discussion at InnoFest 2022 and discussed the realities of how the maritime industry is progressing with the increasing significance of technology and how we can steer the course collectively as an ecosystem.
The expansion of what is known as the Singapore Trade Data Exchange (SGTraDex) was announced at the Asia Tech x Singapore (ATxSG) event on Wednesday (June 1) organised by the Infocomm Media Development Authority (IMDA). SGTraDex is designed to reduce long-standing supply chain inefficiencies, including a heavy reliance on manual, paper-based processes that undermine efficiency, transparency and sustainability.
As part of PIER71’s Smart Port Challenge 2022, Equatorial Marine Fuel Management Services is looking to use modern and advanced technologies to more effectively monitor and assess equipment conditions and predict maintenance requirements in order to optimise usage and reduce unplanned failures, overstocking of parts and other operational disruptions.
Despite the many challenges in 2021, we are proud to continue our strong performance as the leading bunker suppliers in Singapore. Thank you to all our valued customers and partners!
Stakeholders along the bunkering value chain, comprising of a top bunker supplier, marine fuel quality laboratory, shipowner and legal experts discussed marine fuel quality issues at a lively event of over 300+ delegates on Wednesday (10 November).
Equatorial spoke on the topic “Charting a Course to the Future: Succeeding in the Green Transition”, providing our perspectives on decarbonisation in the maritime sector and emphasised on the key roles of alternate marine fuels and carbon offsetting.
We will continue to strive our best to deliver quality products and services to all our valued customers. Thank you for your support! Maritime and Port Authority of Singapore (MPA) reveals its list of top bunker supplier by volume for 2020. Please find the full list of bunker suppliers by volume (2020) at this link:.
Equatorial participated during the Singapore International Bunkering Conference and Exhibition (SIBCON) 2020 on Thursday (8 October).
Covid-19 for the Singapore and international bunker markets
