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SIBCON 2020: Equatorial Marine Fuels provides view on local and global bunker markets post Covid-19

EMF Director identifies some reversible and irreversible industry trends due to Covid-19, and shares its strategy to establish trust among stakeholders.

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Choong Sheen Mao, Director of Singapore bunker supplier Equatorial Marine Fuel Management Services Pte Ltd (EMF), on Tuesday (6 October) shared the company’s outlook on the impact of Covid-19 for the Singapore and international bunker markets.

He also explained steps taken to establish EMF’s brand as a trustworthy company at the 21st edition of Singapore International Bunkering Conference, also known as SIBCON 2020.

Coming a long way as a home-grown brand, EMF currently operates a fleet of 19 bunker tankers, three floating storage terminals and supplies a monthly bunker volume of 450,000 metric tonnes at Singapore port. 

Covid 19: Reversible and irreversible outcomes for the bunker industry 

REVERSIBLE TRENDS 

Shortening credit terms:

Increased uncertainty in relation to credit risk in the bunker industry due to Covid-19 related problems, has caused many shipowners to be concerned about shortening credit terms. In the past, the normal credit term was 30 days, but now it’s not uncommon to see a request for 15 days or cash in advance.

Crew Change:

Pre-Covid-19, a crew change could be done within two or three days. Now, shipowners will have to plan two to three months in advance. In fact, crew change has become a critical factor in considering which port to bunker at. It has caused operational expenditure to increase as shipowners now have to consider which ports to divert to in order to facilitate crew change. 

Shipowners prefer ports with MFMs:

EMF has observed shipowners now prefer ports which enforce the use of mass flow meters (MFM) such as Singapore. The company has received reports that because of Covid-19 related restrictions in other ports, shipowner’s surveyors, or owner’s representative are not allowed to go onboard ships during bunkering. As a result, ship owners and bunker suppliers can only rely on the figures reported by the ship’s crew. 

With an MFM in place, one would be relying on figures provided by the mass flow meter, which is a neutral machine, and thus the industry finds it more to be more transparent and reliable.

IRREVERSIBLE TRENDS

De-Globalisation: 

De-globalisation is a very real issue and a side effect of Covid-19 related lockdowns. This does not mean international trade will come to a halt, but rather that trade patterns will pivot towards regionalisation. Shipowners will now have to plan differently and consider how to divert vessels, bunkering ports, and even the amount of bunkers to procure.

Higher trade barriers:

Smaller bunker suppliers and traders are going to face much higher trade barriers due to shrinking credit lines provided by banks. So, what happens next? More consolidation in the market is expected as banks look to reduce their exposure in the current environment.

EMF sees trust between industry stakeholders as one of its core values as a company. The following are some steps taken by EMF to increase transparency and accountability to establish confidence in its brand:

  • Compliance with all regulations introduced by the MPA: Straightforward, but not easy to enforce as there are numerous steps such as ensuring all mass flow meters are constantly and properly calibrated, crew are well equipped and trained to implement said regulations.
  • Transparency with banks: Making sure that the company is ‘audit-ready’ at all times. EMF even allows banks to speak directly to its customers and remains proactive in communications with its banks in order to allay their concerns.
  • Pre-testing cargo for customers: EMF takes the initiative to pre-test bunker fuel and shares the test results with its customers in order to give assurance that even before the bunkers are loaded onto their vessels, quality is ensured.
  • Online bunker tracking tool: EMF recently launched a new online tracking tool known as OTT, where its customers can have real time access to information regarding bunker delivery. All documents like quality certificates and bunker delivery notes are consolidated on one platform to increase transparency with its suppliers and customers.
  • Digitalisation: EMF embraced the digitalisation and has had its own digital technology department since 2018. EMF invests in increasing the digital literacy of its workforce in order to future proof its operations. 

A series of SIBCON 2020 related articles have been earlier written by Manifold Times:

Related: Chairman of Technical Committee for Bunkering explains SS 660, TR 80; and cast an eye to the future
RelatedSIBCON 2020: TR 48 reaps annual savings of at least SGD 80 million for bunkering sector
RelatedSIBCON 2020: Singapore introduces new MFM bunkering standards SS 660 and TR 80
RelatedSIBCON 2020: Powering Fuels of the Future, Driving towards Decarbonisation
Related: SIBCON 2020: Senior Minister highlights ‘quality resilience and sustainability’ for bunkering sector
RelatedInfineum explains: ISO 8217:2017 should be viewed as a ‘minimum performance benchmark’ for VLSFOs
RelatedInterview: Hafnia shares IMO 2020 preparations, promotes transparency for bunkering operations
RelatedVPS: Shipowners face ‘tricky situation’ to balance VLSFO shelf life and wax appearance temperature
RelatedVPS: Big data analysis reveals link between Covid-19 and spike in low flashpoint MGO off-spec cases
RelatedInterview: Total Marine Fuels Global Solutions discusses sector growth, IMO 2020, and future plans
RelatedSIBCON 2020: Evolution to a ‘completely different’ bunkering industry event, says organiser
RelatedSingapore: SIBCON 2020 bunkering event to be hosted virtually

 

Photo credit: SIBCON 2020
Published: 7 October, 2020

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Business

IBT Bunkering & Trading appoints Kevin Döhmen to lead Singapore expansion

Döhmen will lead the new Singapore office, with responsibility for managing and developing the operation and strengthening relationships with customers and partners.

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IBT Bunkering & Trading appoints Kevin Döhmen to lead Singapore expansion

Hamburg-based marine fuels firm IBT Bunkering & Trading on Wednesday (12 August) said it has appointed Kevin Döhmen as Executive Vice President to lead the company’s new Singapore office. 

Manifold Times previously reported the company announcing that it is opening its doors in Singapore and will be running a trading desk in the city-state after trading bunkers out of Hamburg since 1976.

The company said Kevin Döhmen will lead the new Singapore office, with theresponsibility for managing and developing the operation and strengthening relationships with customers and partners.

IBT said the Singapore office represents an important first step in strengthening its presence in Asia.

“At the same time, we are actively exploring further opportunities to expand our activities and establish new partnerships in this key maritime hub,” the company said. 

Döhmen said: “Singapore is the heartbeat of global bunkering. Bringing IBT’s Hamburg roots — 50 years of them — onto the ground in this hub is a real privilege, and I couldn’t be more ready for it.”

IBT said it will maintain the service approach established through its Hamburg operations while building its activities in Singapore.

The company described the move as bringing together its Hamburg roots and Singapore presence through a global bunker network. 

Related: German firm IBT Bunkering & Trading establishes Singapore presence, adds second trading desk

 

Photo credit: IBT Bunkering & Trading
Published: 13 August, 2026

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Bunker Alerts

Low flashpoint found in Indonesia bunker fuels, alerts Maritec-Naias

Firm tested eight bunker samples representing LSMDO and B40 fuel grade from vessels that took fuel oil /bunkered in Indonesia ports, which indicated flashpoints as low as 39.5°C.

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RESIZED Shaah Shahidh on Unsplash

Bunker fuel testing and marine surveying business Maritec-Naias on Wednesday (12 August) issued an alert regarding bunker samples from vessels that took fuel oil/bunkered in Indonesia showing flashpoints as low as 39.5°C:

During the period of 21 July to 04 August 2026, Maritec-Naias tested eight bunker samples representing Low Sulfur Marine Distillate Oil (LSMDO) and B40 fuel grade from vessels that took fuel oil /bunkered in Indonesia ports, which indicated Flashpoints as low as 39.5°C.

All eight fuel samples tested were sourced from a single supplier.

Regulatory Implications:

Based on the results of the eight samples tested, the fuels do not comply with the minimum flashpoint requirement of 60 °C set by SOLAS and ISO 8217.

As per SOLAS requirements, the minimum flashpoint of any fuel carried in the tanks of a ship should be not less than 60 °C (with exception of fuel for lifeboats, which can be grade DMX with a flash point min of 43 °C).

ISO 4259 interpretation for tested flashpoint temperature is not taken into consideration here as the safety of onboard crew and vessel is of higher precedence.

Since 01 May 2024, it has been a MARPOL Annex VI requirement that the Bunker Delivery Note (BDN) includes either the actual flashpoint of a fuel as supplied or a declaration that its flashpoint has been determined as being at or above 70°C.

From 1 January 2026, SOLAS amendments clarified that the flashpoint requirement applies to fuels, which were specifically intended to have a flashpoint not less than 60°C as required under SOLAS II‑2/2.1.1 These amendments now align with MARPOL by requiring flashpoint details to be recorded on the BDN. Additionally, prior to bunkering, suppliers must provide the ship’s representative with a signed declaration confirming that the fuel meets the SOLAS flashpoint standard.

MARITEC-NAIAS RECOMMENDATIONS

When ordering fuels from Indonesia it is advised to insist on getting the actual flash point values from the supplier. If your vessel has bunkered a low flashpoint fuel it is prudent to observe/implement the precautions below:

  • Flame screens on tank vents should be maintained in good condition and there should be no sources of ignition in the vicinity of the vents. This will assist in safe natural ventilation of volatile components in the fuel.
  • No Smoking, no naked flame and no hot work must be allowed at any areas near to tank air vents.
  • Send additional tank(s) samples upon arrival in port to check the fuel properties and flash point results especially if there has been co-mingling of fuels in bunker tanks
  • If the vessel is out at sea, it may be possible to obtain dispensation from your Flag State Administration up to the next arrival port.
  • Put the supplier on notice promptly and notify your P&I club.

 

Photo credit: Shaah Shahidh on Unsplash
Published: 13 August, 2026

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Methanol

China: Xiamen issues safety guidelines for methanol bunkering operations

New guidelines establish safety requirements across the full methanol bunkering process, supporting the expansion of green marine fuel supplies at Xiamen Port.

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Xiamen, China

Xiamen Free Trade Zone on Monday (10 August) said its Administrative Committee recently jointly issued the Safety Guidelines for Marine Methanol Fuel Bunkering in Xiamen Waters with Xiamen Port Authority and Xiamen Maritime Safety Administration, establishing a framework for methanol bunkering operations in the port.

The guidelines are the first safety operating standard in Fujian province specifically covering marine methanol fuel bunkering. They apply to methanol bunkering operations conducted by bunker vessels in Xiamen waters and set out safety requirements covering the entire operation, from preparation through completion.

The guidelines specify requirements for bunkering companies, equipment and materials used on bunker vessels, hose inspection intervals, personnel certification and personal protective equipment.

They also require operators to conduct dedicated risk assessments and prepare emergency response plans before operations begin. During bunkering, operators must maintain continuous monitoring and comply with specified weather restrictions. After completion, pipelines must undergo procedures including purging and inerting.

Xiamen Port has previously carried out ship-to-ship bunkering of biofuels and LNG. The new guidelines provide a regulatory framework and operational basis for methanol bunkering and are intended to support the safe and orderly conduct of such operations.

The move is also expected to help Xiamen Port expand its market and bunkering capacity for green marine fuels. 

 

Photo credit: Woo Winter on Unsplash
Published: 13 August, 2026

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