APAC News

New Anchorage May Allow Further Growth for Zhoushan Bunker Market

So far 7,380 mt of bunkers and fresh water have been supplied at the new Qushan anchorage to the north of the port.

26 Feb 2021

MPA Awards Total Singapore LNG Bunker Supply Licence

Total is now the third supplier -- after FueLNG and Pavilion Energy in 2016 -- to be allowed to bunker ships with LNG in Singapore.

26 Feb 2021

Singapore: MPA Joins Ammonia Bunker Fuel Project

Multi-firm project focused on ammonia-fuelled tanker design.

25 Feb 2021

Singapore's First LNG Bunker Barge Starts Commercial Operations

Container line Hapag Lloyd's new gas-powered ships are likely to be some of the vessel's biggest customers.

24 Feb 2021

Hin Leong-Linked Tanker Arrested in Singapore

Shipping intelligence service VesselsValue lists the ship as being operated by Ocean Tankers and beneficially owned by Xihe Group.

24 Feb 2021

GP Global's Singapore Creditors May Recover Just 9% of Their Losses

GP Global APAC is reported to owe its top 20 creditors more than $464 million.

23 Feb 2021

Ex-Shell Men Charged With Bribing Surveyors

More charges laid against three accused in Shell Eastern Petroleum gasoil fraud case.

23 Feb 2021

Hin Leong Judicial Managers Make Winding-Up Application

The application will be heard at Singapore's High Court on March 8, with creditors invited to attend to support or oppose it.

22 Feb 2021

Pavilion Energy Takes on 500,000 mt/Year of LNG From Chevron

As part of the deal Chevron will supply data evidencing the well-to-wake emissions of the natural gas.

22 Feb 2021

Japan: Refinery Shutdown may Impact Bunker Supply

Recent earthquake hits plant operations.

18 Feb 2021

Straits Inter Logistics Takes on New Bunker Barge to Expand HSFO Sales

Sierra Pioneer Marine, an investment holding company controlled by Straits Inter Logistics, has agreed to buy the MT Guo Kang No 1 from Ocean World Inc.

17 Feb 2021

Two-Tier VLCC Market Emerges With Only Scrubber-Equipped Tonnage Making Profit

Widening bunker price spreads are making themselves felt in the tanker markets.

17 Feb 2021

S&B ANALYSIS: Singapore Bunker Demand Kicks Off 2021 Near Highs of IMO 2020 Shift

The world's largest bunker hub has seen sales almost hold up from the artificially high level of January 2020.

15 Feb 2021

Singapore: Bunker Sales Figures Firm in January

Overall volumes holding up well with rebound in sales of high sulfur 380 cst bunker fuel.

15 Feb 2021

Asian Firms Strike LNG Bunkering Sales/Supply Deal

Move designed to leverage off each other's infrastructure, assets to gain market share.

11 Feb 2021

Australia: Exxon to Shut Altona Refinery

Which becomes an import terminal for oil products.

11 Feb 2021

Petronas Seeks to Build Global LNG Bunker Supply Network

The company has signed a memorandum of understanding with Japanese power supplier Jera Co to collaborate on a wide range of decarbonisation projects.

11 Feb 2021

Jurong Port Takes Over Hin Leong Stake in Singapore's Universal Terminal

Hin Leong owned 41% of the terminal.

10 Feb 2021

Singapore VLSFO Jumps Above $500/MT

VLSFO at Singapore hit the highest level since February 21, 2020 yesterday.

10 Feb 2021

Japan Eyes Greater Ammonia use for Domestic Market

With power plants and shipping seen as viable end users.

9 Feb 2021