Rainmaking aims to achieve greater collaboration between clients and industry decision makers through its open innovation platform

The company is part of a consortium, including Bill Gates-backed TerraPower, that is bringing to market a small, modular, scalable nuclear power unit that is 95 times more efficient than conventional light water nuclear reactors, leaves minimal waste, has a lifetime fuel cycle of up to 30 years and running costs lower than marine gas oil and liquefied natural gas

The port, which is also the world’s top bunkering centre, suffered an outbreak of coronavirus on one of its bunker tankers earlier in January. MPA said harbourcraft and ocean-going crew who are Singaporeans and long-term residents will be given priority for vaccinations

Most mainline carriers have said they will stop accepting transhipment cargo into south China until after Chinese New Year as pandemic policies impact on feeder barge crews and cause an earlier than normal suspension of services

The system is anchored on Singapore’s TradeTrust standards and frameworks to increase transparency and visibility of a bunker transaction. Elements such as digital life cycle management, digital twin asset management capabilities, risk management and fraud prevention have become more important to bunker industry players in the wake of recent events such as the Hin Leong scandal

The vessel has been quarantined and has ceased operations, while the company operating it will have to review all its procedures before it is allowed to resume operating. MPA announced stepped-up control measures earlier this week after two shore-based workers tested positive for coronavirus after reportedly breaching safe management measures