Singapore Bunker Market Players Establish New Association

Singapore’s bunker market has formed a new industry association, Association of Bunker Industry (Singapore) (ABIS), to improve and address the needs of the industry.

The new group said its core aims are to focus on working with small and medium-sized bunker firms so as to improve their business services, as well as working with national bodies to raise industry standards, and develop and deliver training programs for its members.

Kwok Fook Sing, honorary secretary of ABIS, said the new bunker association comprises of all bunker-related stakeholders, ranging from suppliers, shipowners, bunker buyers, traders, surveyors, fuel testers, legal counsels and mass flow meter (MFM) vendors.