Singapore

Articles mentioning Singapore

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Splash247
operations April 26, 2026

Boluda Expands in Southeast Asia with Seatrium Asset Acquisition

European towage leader Boluda has acquired tug assets and operations from Seatrium Group in Singapore, enhancing its presence in one of the world's busiest maritime hubs, as reported by Splash247. The acquisition includes Seatrium's harbor tug fleet and towage services linked to its shipyard activities.

Singapore (SG)
Splash247
operations April 20, 2026

NYK, Golden Island, Yara Partner for Ammonia Fuel in Singapore

Nippon Yusen Kaisha, Golden Island, and Yara Clean Ammonia have signed a non-binding term sheet to explore the joint marketing and supply of low-carbon ammonia as a marine fuel in Singapore, as reported by Splash247. This initiative aims to introduce ammonia fuel to the world's busiest bunkering hub.

Singapore (SG)
Splash247
market March 10, 2026

Hormuz Closure Drives Bunker Prices to New Highs

Bunker prices have surged to record levels due to the ongoing conflict involving Iran and the US/Israeli coalition, as reported by Splash247. Ship & Bunker notes that the average global price for IFO380 heavy bunker fuel reached $841.50 per ton, surpassing the previous record of $760. The price in Singapore, a key maritime hub, has also seen significant increases.

Singapore (SG)
Splash247
fleet February 23, 2026

Teekay Tankers Exits VLCC Sector with $84.5m Sale

Teekay Tankers has exited the VLCC sector by selling the 2013-built Singapore Spirit for $84.5 million, as reported by Splash247. The vessel, formerly known as Hong Kong Spirit, was linked to Sinokor over the weekend. This follows a similar sale by CMB.TECH earlier this month.

Singapore Spirit (tanker) Hong Kong Spirit (tanker) Ingrid (tanker) Singapore (SG)
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