APAC News

Ship Arrested in Singapore

Offshore support vessel detained yesterday.

17 Sep 2020

Platts Sees VLSFO Pricing Basis Shift Away from Diesel Cargoes

There has been a 'gradual but steady shift' towards using Platts 0.50% sulfur fuel assessments instead of diesel cargo prices in Asia.

16 Sep 2020

First 0.5% Bunker Fuel Cargo Arrives in Bangladesh

From order first tendered in June.

15 Sep 2020

Stricken VLCC's Fuel Tank Plugged

Repairs continue on ship off Sri Lankan coast.

14 Sep 2020

Singapore Bunker Demand Jumped by 13.6% on Year in August

This year's total sales up to the end of August are now 5.3% higher than in the same period of 2019.

14 Sep 2020

Singapore Residue Stocks Drop to Eight-Month Low

Commercial onshore residue stocks sank by 6.6% to 20.735 million barrels in the week to September 9.

14 Sep 2020

GP Global Tanker Arrested in India: TradeWinds

The tanker had been waiting off Fujairah before coming to India last month.

10 Sep 2020

Products Tanker Explodes in Vietnam

One crew member was reported missing and the remaining 11 were rescued.

10 Sep 2020

FEATURE: Bunker Industry Warms to Wider Application of MFMs and Licences

The bunker industry may be coming around to the idea of applying Singapore's system of MFMs and bunker licences more widely.

9 Sep 2020

Zhoushan Bunker Sales Surged in August

A total of 420,000 mt of bonded bunker fuel was supplied at the Chinese port in August.

9 Sep 2020

Bunker Spill Reported After Fire on VLCC off Sri Lanka

The VLCC New Diamond is currently about 37 nautical miles off Sangamankanda Point.

9 Sep 2020

Japanese Firms to Develop Ammonia-Fuelled Tugboat Design

The companies previously worked together on Japan's first gas-powered ship in 2015, the tugboat Sakigake.

8 Sep 2020

Singapore Corruption Watchdog Charges Former Fratelli Cosulich Manager

The CPIB charged Wan Wei Hong, formerly a technical manager at Fratelli Cosulich Bunkers, with receiving payments between 2017 and 2019 to advance contractors' business interests.

7 Sep 2020

Fire Extinguished on VLCC off Sri Lanka

A fire broke out on board the New Diamond on September 3 as it was carrying 270,000 mt of crude from Kuwait to Paradip.

7 Sep 2020

Mining Giant BHP Charters Five LNG-Fuelled Bulkers From Eastern Pacific Shipping

The 209,000 DWT ships are scheduled to be delivered throughout 2022.

4 Sep 2020

No Oil Spill Reported Yet From VLCC on Fire Off Sri Lanka

A crack of about two metres has been observed near the port aft about ten metres above the waterline.

4 Sep 2020

Hin Leong Founder's Family May Be Allowed to Keep $75 Million in Assets

The family may be allowed to retain 5% of their assets, estimated at up to $1.5 billion.

3 Sep 2020

Fire Reported on VLCC Off Sri Lanka

The New Diamond is on fire on its way carrying a crude cargo from Kuwait to Paradip.

3 Sep 2020

Japanese Consortium Seeks to Trial Hydrogen-Powered Ferry by 2024

The companies plan to start a feasibility study for the vessel and its hydrogen supply from this month.

3 Sep 2020

Four Ships Arrested in Singapore

Banking giant HSBC is understood to be behind two of the arrests as a result of a cargo-related dispute.

1 Sep 2020