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IBIA welcomes mandatory bunker measuring systems in major ARA ports and calls for more ports to follow suit

IBIA Bunker Licensing & MFM Working Group will continue to push for adoption of bunker licensing and uptake of MFM in other areas, especially major bunkering hubs.
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The International Bunker Industry Association (IBIA) on Friday (6 January) released an announcement that it welcomed news on the move for mandatory bunker measuring system (BMS) to be used for bunker supply vessels operating in Rotterdam, Antwerp and Zeebrugge and encourage other ports to follow suit:

Port authorities have taken an important step toward improving transparency and reliability in the ARA bunker market by agreeing to mandate the use of a bunker measuring system (BMS) for bunker supply vessels operating in Rotterdam, Antwerp and Zeebrugge.

The decision follows an independent study, through interviews and surveys, undertaken by CE Delft for all three ports. The CE Delft study outcome is similar to the findings of an extensive survey undertaken by IBIA and BIMCO in the first half of 2022, which found strong industry support for bunker supplier licensing and more use of mass flow meters (MFMs). These are seen as key tools for improving market conditions and reducing disputes between bunker suppliers and buyers. The survey was created by the IBIA Bunker Licensing & MFM Working Group, which representatives from both port authorities have taken part in.

The Port of Rotterdam Authority and the Antwerp-Bruges Port Authority, which commissioned the CE Delft study, said the study showed “regular quantity issues”. They said that 65% of stakeholders interviewed and over 90% of survey respondents saw the introduction of the mandatory use of an official bunker measuring system on board bunker vessels as a solution to quantity problems.

IBIA supported the additional research effort by the port authorities by sharing information, and a link to the survey conducted by CE Delft, with our members.

“The ports have taken onboard complaints from various parties about regular bunker quantity irregularities. The result of the study into to the extent and nature of these complaints has given them impetus to act. IBIA applauds their decision and calls for other relevant authorities to follow suit,” says Unni Einemo, Director of IBIA.

During the first half of 2023, the port authorities will evaluate and identify suitable bunker measuring systems for the new requirement. They will also determine an “ambitious yet realistic deadline” for when it will become mandatory to use an approved BMS during bunkering operations in Rotterdam, Antwerp and Zeebrugge to give companies time to adapt to the new measure. The requirement will be included in the licence for bunker fuel suppliers.

According to the press release announcing their decision, 40 out of 170 bunker vessels currently operating in Rotterdam, Antwerp and Zeebrugge are equipped with a BMS. Some of these are mass flow meters (MFMs) of the type that are mandatory for bunker deliveries in Singapore. Others are volumetric flow meters.

IBIA has learnt that the BMS systems will need to be certified and comply with OIML regulations to be approved under the new requirement. OIML, the International Organization of Legal Metrology, enables standardisation when developing technical regulations.

Einemo concluded: “The introduction of certified and standardised bunker measuring systems as a requirement for bunker supply operations in Rotterdam, Antwerp and Zeebrugge should help to significantly reduce quantity issues and boost confidence in these ports’ bunkering services, which are already among the most efficient in the world. This should further improve efficiency and create a more level playing field for bunker companies in these ports.”

The IBIA Bunker Licensing & MFM Working Group will continue to push for adoption of bunker licensing and uptake of MFM in other areas, in particular major bunkering hubs where such measures will have the most impact.

Related: Bunker fuel measuring system to be made mandatory in Antwerp, Zeebrugge and Rotterdam
Related: Rotterdam keen to improve its bunkering sector, is hot on the heels of Singapore’s MFM mandatory adoption
Related: IBIA welcomes news of Rotterdam’s plans to mandate MFMs

 

Photo credit: IBIA
Published: 9 January, 2023

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Winding up

Singapore: Xihe Holdings subsidiaries to be wound up voluntarily, creditors to submit claims

Creditors of Da Zhong Tankers and Xin Ying Shipping are required on or before 17 July 2026 to send in their names and addresses and particulars of their debts or claims to appointed liquidators, says notice.
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June 19, 2026

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Xihe Holdings Pte Ltd subsidiaries Da Zhong Tankers Pte Ltd and Xin Ying Shipping Pte Ltd will voluntarily wind up following resolutions that were passed by written means, according to a Government Gazette notice published on Thursday (18 June).

The resolutions set out below were duly passed:

  • SPECIAL RESOLUTION – WINDING-UP

That the Company be wound up voluntarily pursuant to section 160(1)(b) of the Insolvency, Restructuring and Dissolution Act 2018.

  • ORDINARY RESOLUTION – APPOINTMENT OF LIQUIDATORS

That Paresh Tribhovan Jotangia and Ho May Kee of Grant Thornton Singapore Private Limited, 8 Marina View, #40-04/05 Asia Square Tower 1, Singapore 018960 be and are hereby appointed as joint and several liquidators to conduct the said winding-up and that their remuneration be fixed on the usual scale of their professional charges for the work involved.

  • SPECIAL RESOLUTION – POWERS OF LIQUIDATORS

That the liquidators of the Company be authorised to exercise any of their powers given by section 177, 144 (1) and (2) of the Insolvency, Restructuring and Dissolution Act 2018 and to distribute to members, in specie, any part of the assets of the Company.

In another notice, the liquidator of the company said creditors are required on or before 17 July 2026 to send in their names and addresses with particulars of their solicitors (if any) to liquidator Paresh Tribhovan Jotangia at Grant Thornton Singapore Private Limited, 8 Marina View, #40-04/05 Asia Square Tower 1, Singapore 018960. 

The liquidator may require creditors or their solicitors to “come in and prove their said debts or claims at such time and place as shall be specified in such notice or in default thereof, they will be excluded from the benefit of any distribution made before such debts are proved.”

Related: Singapore: Additional Xihe Holdings subsidiaries to be placed under judicial management

 

Photo credit: steve pb from Pixabay
Published: 19 June, 2026

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Winding up

Singapore: Liquidator of Parakou Shipping issues notice of dividend

Second and final dividend to admitted creditors of Parakou Shipping is payable by 14 July, according to Government Gazette notice.

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June 19, 2026

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A notice of dividend for Parakou Shipping Pte Ltd, which is currently in voluntary liquidation, was published on the Government Gazette on Thursday (18 June). 

The following are the details of the notice:

Name of Company : Parakou Shipping Pte Ltd (In Creditors’ Voluntary Liquidation)
Address of Registered Office : c/o KordaMentha, 50 Raffles Place, 25-01 Singapore Land Tower, Singapore 048623
Amount per centum : 0.55 per centum of admitted claims (in accordance with the Order of Court HC/ORC 4175/2024)
First and Final or otherwise : Second and Final Dividend to admitted creditors (in accordance with the Order of Court HC/ORC 4175/2024)
When payable : By 14 July 2026
Where payable : c/o KordaMentha Pte Ltd, 50 Raffles Place, #25-01 Singapore Land Tower, Singapore 048623

Related: Singapore: Notice of intended dividend issued for Parakou Shipping Pte Ltd

 

Photo credit: Benjamin Child
Published: 19 June, 2026

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Alternative Fuels

MOL inks bio-LNG bunker fuel supply deals with Titan and Axpo for car carriers in Europe

Titan, part of Amsterdam-based Molgas, will continue to supply bio-LNG fuel in Northwest Europe, while Axpo will take charge of supply in the Mediterranean region.
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MOL inks bio-LNG bunker fuel supply deals with Titan and Axpo for car carriers in Europe

Mitsui OSK Lines (MOL) on Thursday (18 July) said it has signed new supply agreements in Northern Europe and the Mediterranean region to expand the use of bio-LNG marine fuel on MOL-operated LNG-fuelled car carriers.

Titan, part of Amsterdam-based Molgas, will continue to supply bio-LNG fuel in Northwest Europe, while Axpo will take charge of supply in the Mediterranean region.

MOL said the agreement makes it possible for its company to supply bio-LNG fuel for automobile carriers in the Mediterranean region, specifically Port of Malaga and Barcelona in Spain, following the bio-LNG fuel supply agreement in Western Europe, which commenced in March last year.

The bio-LNG fuel to be supplied in this initiative has a lifecycle carbon intensity (carbon dioxide emissions per unit of energy consumption) of -15 g-CO2/MJ or less, from production through consumption. Furthermore, this bio-LNG fuel has obtained International Sustainability and Carbon Certification (ISCC-EU). 

“Through this supply agreement, MOL has established a framework that ensures a continuous and stable supply of bio-LNG fuel not only in Northern Europe but also in the Mediterranean,” the company said.

As part of the group’s efforts to adopt alternative fuels and achieve net-zero greenhouse gas (GHG) emissions, it is utilising LNG-fuelled vessels as a bridge solution to facilitate the transition to carbon-neutral fuels such as bio-LNG and synthetic LNG (e-methane).

In 2025, MOL signed a bio LNG fuel supply agreement in Northwest Europe with Titan, part of the Molgas, and MOL has continued this bio LNG fuel supply agreement with the same company in 2026 as well.

 

Photo credit: Mitsui OSK Lines
Published: 19 June, 2026

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