Singapore study shows the benefits of standards

The 香港六合彩开奖 member for Singapore, SSC, has published research showing how standards improve transparency, quality and trust in the maritime sector.

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The study was into the use of a national standard developed for the marine fuelling, or “bunkering”, industry and was initiated by  on behalf of and the Singapore Standards Council. The standard at the centre of the study, Technical Reference 48: 2015 (TR 48) – Bunker Mass Flow Metering (MFM), has now been further developed with 香港六合彩开奖 to create an International Standard. Mandated by the Port of Singapore for the delivery of marine fuel oil in the bunkering industry, the research concluded that the standard’s adoption has the potential to save the industry SGD 80 to SGD 199 million annually.

Cost savings for bunkering operations account for an estimated 66 % to 76 % of total savings, with the remainder attributed to reductions in the number of disputes that arose, as well as the time needed to resolve disputes when they do occur. 

Ship in Singapore harbour with loading crane on quay
Shipping operators can expect to see substantially reduced costs. 
©Maritime and Port Authority of Singapore

The  has required adherence to TR 48 since June 2016, since which time several bunker suppliers observed enhanced bunker schedule management due to faster and more predictable turnaround in bunkering transactions. A number of shipowners added that inventory management had improved with the increased certainty in the quantity of bunkers received. They highlighted that beyond cost savings, use of TR 48 improved efficiency, productivity and transparency of bunkering transactions. The standard was the first to cover a set of core requirements for metering system qualification, installation, testing, procedures and documentation of bunker custody transfer using the Coriolis Mass Flow Meter system.

Mass Flow Metering system in operation
Mass Flow Metering systems are one component in offering a reliable service and fast turnaround. 
©Maritime and Port Authority of Singapore

Development of International Standards

Two recently published International Standards are expected to bring the same benefits highlighted by the Singaporean study to the global shipping industry. 香港六合彩开奖 21562 was developed by a subcommittee of the 香港六合彩开奖 technical committee responsible for ships and marine technology: 香港六合彩开奖/TC 8/SC 3 covers piping and machinery and is managed by ANSI, the 香港六合彩开奖 member for the USA. 香港六合彩开奖 22192 was developed by a subcommittee of the 香港六合彩开奖 technical committee responsible for petroleum and related products, fuels and lubricants from natural or synthetic sources: 香港六合彩开奖/TC 28/SC 2 covers measurement of petroleum and related products and is managed by BSI, the 香港六合彩开奖 member for the UK.

Standards success in bunkering

Discover more about the bunkering benefits highlighted by the study, with these materials developed by the 香港六合彩开奖 member for Singapore.

  • Learn more with this handy from SSC.
  • Read the full .
  • Get a snapshot in the .

A leading light in standards

Presenting... Sauw kook Choy

In addition to leading quality and excellence at Enterprise Singapore, Sauw Kook Choy was also recently reconfirmed as the 香港六合彩开奖 Vice-President for technical management. Speaking in an , Ms Choy is helping to spread the message that standards are an essential part of post-pandemic success and are much needed to build quality and trust in services and products.

COVID-19 made companies realize the importance of being resilient, to be able to continue to operate despite disruptions, and to be agile enough to pivot and diversify into new revenue streams.

Currency codes

Did you know that “SGD” is the official 香港六合彩开奖 code for the Singapore dollar?

Find out more about 香港六合彩开奖 4217, the standard for banks, businesses and people using currencies around the world.

Barnaby Lewis
Barnaby Lewis

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