APAC News

Singapore Sees Marginal Decline in Bunker Demand in May

Total demand at the world's largest bunkering hub fell to 3.925 million mt in May, down by 2% from a year earlier and by 4.6% from the previous month.

15 Jun 2020

VLSFO Now Available in Pakistan

The max 0.50% sulfur fuel is a straight run product with a viscosity range between 40 and 180 cSt.

12 Jun 2020

Vopak, ITOCHU to Research Ammonia as Bunkers in Singapore

The companies will seek to promote both the supply of the fuel and the development of zero-emission ships capable of burning it.

12 Jun 2020

Brokerage NSI Warns Shipwoners to Prepare for Lower Korean Sulfur Limit

The rule will just apply at berth and anchorage from September, but is due to be extended to cover all of South Korea's waters from January 1, 2022.

12 Jun 2020

South Korea to Build LNG Bunker Barge

The government plans to provide 15 billion won ($12.6 million) to cover about 30% of the cost of building the ship.

10 Jun 2020

Great Eastern Shipping Calls Off Planned Scrubber Installation

The company is spending about $3 million for each of its scrubber installations.

9 Jun 2020

Bunker Jobs: Bunker Trader, Singapore

Proven experience, network and successful history from the industry is a must for anyone applying.

8 Jun 2020

LNG Bunkering to Launch in China at Shenzhen

Energy company PetroChina, Shenzhen Gas and Shenzhen Yantian Port Group signed a deal Wednesday to build an LNG bunkering facility at the southest Chinese port.

4 Jun 2020

Singapore VLSFO Price Jumps to 10-Week High

The price advanced by $25.50/mt in May, its first monthly gain since December, with early signs of shipping activity increasing again as COVID-19 lockdown measures are eased.

2 Jun 2020

Singapore's First LNG Bunker Barge Launches in China

Construction of the ship is due to be completed in the fourth quarter of this year.

1 Jun 2020

Indian Bunker Suppliers Lower Prices to Take On Sri Lanka

Over the past two weeks the discount for very low sulfur fuel oil at Mumbai to Colombo's levels has widened by $21/mt, reaching $42/mt on Thursday, according to Ship & Bunker pricing.

29 May 2020

Shanghai Exchange to Test VLSFO Futures Trading Next Month

The contract will be for 10 mt lots with physical settlement, denominated in RMB.

29 May 2020

SDE International Sees Singapore's 2020 Bunker Demand Holding Steady

In January-April of this year sales were 6.6% higher than in the same period a year earlier.

28 May 2020

Singapore Bunker Margins Post Small Rally on Signs of Increased Demand

The premium for very low sulfur fuel oil (VLSFO) delivered in Singapore over local cargo prices gained $3.18/mt to $14.57/mt in the week to Friday.

27 May 2020

Chinese Fuel Oil Output Surged in April

Fuel oil output gained 68% on the year to hit 3.09 million mt in April.

25 May 2020

K Line Renews Push for Wind Propulsion in Decarbonisation Efforts

Firm said to be sending a clear message to the industry and policy makers that wind propulsion is a credible, viable and increasingly attractive solution.

25 May 2020

Woodside Petroleum to Alter Vincent Crude to Target VLSFO Market

The company plans to shut off the Cimatti field in Western Australia to raise the average flash point of the Vincent blend.

22 May 2020

Straits Inter Logistics Revenue Almost Triples From Bunker Expansion

Revenue from oil trading and bunkering jumped to 659 million ringgit ($151 million) in 2019, up from 256 million ringgit a year earlier.

22 May 2020

Japan's Defense Ministry Orders Bunker Tankers

The shipyard will build two 4,900 deadweight tonne (DWT) barges for delivery in April and June 2022.

22 May 2020

Sinopec's Chinese Bunker Sales Head for 4.8 Million MT/Year

China has applied a long-awaited rebate on value added tax on fuel oil from February this year, incentivising domestic refiners to produce VLSFO in large quantities.

21 May 2020