APAC News

Indonesia's Pertamina to Develop LNG Bunkering Infrastructure

PT Perusahaan Gas Negara and PT Pertamina International Shipping (PIS) will work together on the project.

29 Jun 2021

Singapore Arrests Two Ocean Tankers Vessels

Ocean Tankers is under judicial management following the collapse of Hin Leong Trading last year.

25 Jun 2021

Normal Operations Resume at Yantian

While operations at Yantian can now return to normal, disruption from its slowdown will continue to affect the global container market for several weeks.

25 Jun 2021

105 More Charges for Hin Leong Founder OK Lim

The charges comprise 68 charges of cheating, 36 of conspiracy to commit forgery and one of conspiracy to forge a valuable security.

25 Jun 2021

Oiltanking Karimun and Matrix Global Join Forces to Auction Bunker Storage Capacity

Oiltanking will provide the storage facility and Matrix Global the auction platform.

23 Jun 2021

Vitol Bunkers Signs Deal to Launch Yangshan Physical Supply Operation

Vitol is joining forces with Zhejiang Seaport International Trading to set up the operation, expanding existing bunker operations at Zhoushan and Ningbo.

23 Jun 2021

Sing Fuels Hires Team Leader in Asia From World Fuel Services

The new hire was previously international sales director for World Fuel Services.

23 Jun 2021

Sri Lanka Plans Increased Fuel Storage at Hambantota Hub

CPC has signed a memorandum of understanding with the Hambantota International Port Group to develop a separate storage terminal about 15 kilometres from the port.

18 Jun 2021

Japan's NYK Line Orders 12 LNG-Fuelled Car Carriers

NYK will have a total of 20 gas-powered pure car and truck carriers by fiscal 2028.

17 Jun 2021

Hong Kong Eases Restrictions on Bunker-Only Calls

Ships calling at Hong Kong for shipping services only -- including bunkering -- will from June 15 onwards be able to visit without undergoing quarantine.

15 Jun 2021

A DOT Marine Drops Off MPA Singapore Bunker List, Taking Total to 42

A DOT Marine was first registered as a Singapore bunker supplier in February 2014, supplying MGO only.

15 Jun 2021

Australia: Pandemic-Hit Cruise Sector Undermines Bunker Demand

Demand is down by up to half of pre-pandemic levels.

14 Jun 2021

S&B ANALYSIS: Singapore Bunker Volumes Slip to Lowest Since June 2020

The city-state's total demand reached 4.1 million mt in May, down by 4.3% from the previous month and up by 3.7% from May 2020.

14 Jun 2021

Australia Sees 30-50% VLSFO Sales Drop From Cruise Ship Inactivity

VLSFO sales in Australia are now 30-50% lower than the levels seen before the start of the pandemic.

11 Jun 2021

Samsung Heavy Industries to Develop Nuclear Power for Shipping

The project will involve developing a small modular reactor for use offshore, as well as working together on performance verification and the business model for offshore nuclear systems.

11 Jun 2021

Hin Leong Sues Deloitte Over Alleged Auditing Failures Before Collapse

The lawsuit, filed at Singapore's High Court on March 5, alleges that Deloitte "acted in breach of the terms of its engagement with the plaintiff."

11 Jun 2021

X-Press Pearl: Bunker Spill Fears Recede

No confirmed oil spill reports as of Wednesday evening according to ship's operators.

10 Jun 2021

Singapore: Residual Fuel Oil Stocks Hit Five-Week High

Weaker exports compared to import behind the fundamentals.

10 Jun 2021

Bunker Supplier Peninsula Targets 15 Million MT of Bunker Sales in 2021

The company is 'on trend for' 15 million mt/year of sales in 2021.

10 Jun 2021

Pavilion Energy Takes on 800,000 MT/Year of LNG From BP

The deal will apply for ten years from 2024.

10 Jun 2021