Asia/Pacific News

Japan's Defense Ministry Orders Bunker Tankers

by Ship & Bunker News Team

Friday May 22, 2020

Japan's Defense Ministry has put in an order with Shin Kurushima Dockyard to build bunker tankers for its navy, the shipbuilding company said Thursday.

The shipyard will build two 4,900 deadweight tonne (DWT) barges for delivery in April and June 2022, it said in a statement on its website.

The barges will be used to support the Defence Ministry's patrol vessels.

The contract is the company's first in its history with the Defence Ministry, it said.

Ship & Bunker News Team
To contact the editor responsible for this story email us at editor@shipandbunker.com

Oil Rises As Demand, Output Cuts Will Soon Cause Supply Deficits: Analysts

Bank of America upped its Brent prices for later this year to $86 per barrel.

Read in Full

Silverstream Retrofits LNG Carrier With Bunker-Saving Air Lubrication System

The system was installed in just 30 days on a 174,000 m3 LNG carrier owned by an oil major at Seatrium's Admiralty Yard in Singapore.

Read in Full

Carnival Continues to Back LNG Bunkers for New Builds

The cruise giant has just placed its second order of 2024 for LNG-powered tonnage.

Read in Full

	VLSFO		MGO
	$/mt	+/-	$/mt	+/-
Singapore	649.50	2.00	778.50	8.50
Rotterdam	602.00	0.50	748.00	6.00
Houston	624.00	5.00	792.00	3.50
Fujairah	649.50	2.00	898.00	3.00
APAC Average	709.50	0.50	907.50	0.00
Global 20 Ports Average	662.00	2.00	855.00	1.50
Global 4 Ports Average	631.00	1.00	804.00	0.50
Global Average Bunker Price	717.50	0.50	913.50	1.00

View Bunker Prices in 200+ Ports

24Apr

1US Ban on Non-Compete Clauses May Raise Salaries for Bunker Traders

Non-compete clauses have not always been used in a fair and reasonable way in the bunker industry, Maritime Recruitment Company Ltd's Vernon Jayanathan tells Ship & Bunker.
25Apr

2Marine Engine Maker Says it Falsified Fuel Consumption, Emissions Data for Decades

Government investigating after test results altered 'to make the fuel consumption data look better'.
26Apr

3BUNKER JOBS: ADNOC Seeks Bunker and Agency Officer in Abu Dhabi

The company is looking for candidates with bunker trading professional certifications and at least six years of experience in a similar role.
26Apr

4World Kinect Marine Profits Jumped to One-Year High in Q1 as Volumes Climbed

The firm had a Q1 profit margin on its bunker sales of $6.19/mt, up from $4.51/mt in Q4 and compared to an average since 2015 of $2.64/mt.
25Apr

5ATH Trading Hires Senior Bunker Trader in Madrid

The new hire was previously a marine fuel trader for Vilma Oil in Madrid from June 2017 to last month.

Asia/Pacific News

Japan's Defense Ministry Orders Bunker Tankers

Also in the News

Oil Rises As Demand, Output Cuts Will Soon Cause Supply Deficits: Analysts

Silverstream Retrofits LNG Carrier With Bunker-Saving Air Lubrication System

Carnival Continues to Back LNG Bunkers for New Builds

Key Bunker Prices More

Popular Now More