Bunkering in the context of "Marine fuel oil"

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⭐ Core Definition: Bunkering

Bunkering is the supplying of fuel for use by ships (such fuel is referred to as bunker), including the logistics of loading and distributing the fuel among available shipboard tanks. A person dealing in trade of bunker (fuel) is called a bunker trader.

The term bunkering originated in the days of steamships, when coal was stored in bunkers. Nowadays, the term bunker is generally applied to the petroleum products stored in tanks, and bunkering to the practice and business of refueling ships. Bunkering operations take place at seaports and include the storage and provision of the bunker (ship fuels) to vessels.

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Bunkering in the context of Port of Singapore

The Port of Singapore is a collection of facilities and terminals that conduct maritime trade and handle Singapore's harbours and shipping. Since 2015, it has been ranked as the world's top maritime capital. Currently, it is ranked as the world's second-busiest port in terms of total shipping tonnage, while also transshipping a fifth of the world's shipping containers, and half of the world's annual crude oil supplies, alongside being ranked as the world's busiest transshipment port. Furthermore, it was also ranked as the world's busiest port in terms of total cargo tonnage handled until 2010, when it was surpassed by the Port of Shanghai.

Due to the city-state's strategic location, Singapore has served as a significant entrepôt and trading post on an international level for at least two centuries. During the contemporary era, its ports have been regarded not merely as an economic boon for the country, but as vitally important for the country's economic development since Singapore lacks land and natural resources. Additionally, the port is regarded as particularly important for importing natural resources, and then later re-exporting products after they have been domestically refined and shaped in some manner, for example, wafer fabrication or oil refining to generate value-added revenue. The Port of Singapore is also the world's largest bunkering port. Moreover, the majority of ships that pass between the Indian Ocean and the Pacific Ocean go through the Singapore Strait. The Straits of Johor on the country's north are impassable for ships due to the Johor-Singapore Causeway, built in 1923, which links the town of Woodlands, Singapore, to the city of Johor Bahru in Malaysia.

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Bunkering in the context of Fuel oil

Fuel oil is any of various fractions obtained from the distillation of petroleum (crude oil). Such oils include distillates (the lighter fractions) and residues (the heavier fractions). Fuel oils include heavy fuel oil (bunker fuel), marine fuel oil (MFO), furnace oil (FO), gas oil (gasoil), heating oils (such as home heating oil), diesel fuel, and others.

The term fuel oil generally includes any liquid fuel that is burned in a furnace or boiler to generate heat (heating oils), or used in an engine to generate power (as motor fuels). However, it does not usually include other liquid oils, such as those with a flash point of approximately 42 °C (108 °F), or oils burned in cotton- or wool-wick burners. In a stricter sense, fuel oil refers only to the heaviest commercial fuels that crude oil can yield, that is, those fuels heavier than gasoline (petrol) and naphtha.

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