S&P Platts Bunkering & Storage Conference 29 to 30 June ... · Buyers Suppliers Ports Services ......
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Transcript of S&P Platts Bunkering & Storage Conference 29 to 30 June ... · Buyers Suppliers Ports Services ......
S&P Platts Bunkering & Storage Asia Conference
29th to 30th June 2017
Challenges of bunkering in Singapore and the region
By
Simon Neo
Regional Manager Asia
IBIA Asia
IBIA MEMBERSHIP
Nearly 800 members in 91 countries covering all sectors Buyers Suppliers Ports Services
Office in London
Offices in Singapore Cape Town
• Providing an international forum to identify stakeholder concerns
• Consolidating industry views to find a BALANCED consensus
• Promoting high standards • Encouraging good, ethical practices • Increasing professionalism and competence • Delivering accurate, unbiased information as a basis for good
decision making • A powerful, unified voice to present the bunker industry • Bring the industry together
Issues and challenges
We influence and shape opinion by having strong links with other organizations
Governments
Shipping Associations
Port Authorities
Current engagement Getting down to business regarding 20:20 awareness
Looking at improving bunkering standards across many ports
Providing forums on the fuel options available particularly 0.50% S
Supporting the development of measurement, digitalisation of information.
Operating procedures (survey procedures)
Consistency of standards
Competence - training
Regulation
Consistent regulations and enforcement espousing a “level playing field”
Information services: World bunkering magazine, website Monthly newsletter
Representation at IMO Training Membership Directory Networking: Dinners, Convention &
Forums Discount to third party conventions ,
seminars and books IBIA Publications: Books and Guides Industry Development
IBIA Member Benefits
Bunkering Within South East Asia Main Bunkering Ports in S.E.A
1. Singapore
2. Malaysia
3. Indonesia
4. Thailand
5. Vietnam
6. Philippines
7. Myanmar
Malaysia
Around 10 physical suppliers
Annual estimated volume- about 6million mt a year
Key or main bunker ports
1. Port Klang, Penang, Malacca and East Malaysia
New Investments
Indonesia
1. Main supplier- only 1
2. The rest distributors
3. Pertamina Specs apply
4. Price
Philippines
1. Main Supplier – Philippines Nation Oil Company
2. 3 distributor
3. Spec-ISO specification
4. Price
Thailand
1. No of Suppliers- Total about 5
2. Volume- estimated about 20,000 to 30,000 a month
Vietnam
1. No of Suppliers- 1 Petrolimex, the rest are operators or distributors
2. Some ports no 380cSt
Myanmar
1. South Western Pipe Line to Kunming, China
2. How will it affect bunkering in S.E.A.
3. Any physical suppliers in Myanmar
Sino-Myanmar crude oil pipeline
Location
Country Myanmar, China
General direction south–north
From Kyaukphyu
Passes through Mandalay, Lashio, Muse, Ruili
To Kunming
Runs alongside Sino–Myanmar natural gas pipeline
General information
Type oil
Partners China National Petroleum Corporation
Myanma Oil and Gas Enterprise
Technical information
Length 771 km (479 mi)
Maximum discharge 240 thousand barrels per day
(38×103 m3/d)
Singapore
Implementation of Mass Flow Meter (MF)
How has the MFM transform the market in Singapore and the world main bunker ports like Fujairah, Rotterdam, Hong Kong, Gibraltar etc
4164500
3510000
4149800 4109700 4363700 4462200
3846400
4341900 4253300 4180600
0
500000
1000000
1500000
2000000
2500000
3000000
3500000
4000000
4500000
5000000
Jan Feb Mar April May
Bunker Volume Comparison Statistic based on MPA website
2016 2017
Has Singapore Volume go up or down after the implementation of the Mass Flow Meter (MFM)
What are the implications of the MFM
The challenges that MFM brought about
Problem faces the bunker industry in Singapore
1. Price
2. Loading Terminal
3. Quantity
4. Bunker Tanker Operational Cost
Emission Control
Year 2020 IMO mandate for low sulphur fuel
Avails on Low Sulphur Fuel
Are the shipping industry ready for it
IBIA Working with its members to keep the global marine fuels
industry on course
www.ibia.net
Thank you for your attention!
Contact us:
IBIA: [email protected]
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