APAC News

Japanese Coalition Forms to Develop Battery-Powered Shipping

The first phase of the project will be to develop the world's first battery-powered tanker, the group said, for launch in March 2022.

21 May 2020

Bunker Jobs: Sales Manager, Team Lead, Singapore

With a privately owned, global organization.

20 May 2020

Brightoil Reaches Settlement With Petrolimex Over $30 Million Debt

Brightoil's founder Sit Kwong Lam was forced to step down in April 2019 after being declared bankrupt over the debt to Petrolimex.

20 May 2020

Wärtsilä to Supply Engines for Japan's First LNG-Fuelled Ferries

Wärtsilä took an order earlier in the second quarter to supply the engine, gearbox and LNG storage, supply and control system.

19 May 2020

New Bunker Barge for BP in Australia

BP has chartered the MT Absolute I to supply bunkers in Fremantle, Kwinana and at local anchorages.

19 May 2020

Singapore Bunker Margins Weaken Further

The premium to FOB Singapore cargo prices slipped to $11.39/mt by Friday, down from $15.11/mt a week earlier.

18 May 2020

Port of Qingdao Completes First Bunkering of Large Vessel

Sinopec bunkered the VLCC New Vista with 1,600 mt of VLSFO at Qingdao on 11 May.

15 May 2020

Australian Refinery in Temporary Shutdown

On weak refining margins related to the Covid-19 pandemic.

14 May 2020

Singapore Bunker Demand Sees 10.8% Year-on-Year Gain in April

Total demand at the world's largest bunkering hub was 4.114 million mt in April, up by 10.8% from a year earlier but down by 4.8% from the previous month.

13 May 2020

Court Appoints Managers for Ocean Tankers

Two EY executives to run firm while it restructures.

13 May 2020

Drones to Carry Cargo: Report

Singaporean start up wants to fly 100kg over 100km

12 May 2020

Hin Leong Shipping Company Ocean Tankers Requests Judicial Management: Reuters

The website of Singapore's Supreme Court lists a hearing on Tuesday on an application by Ocean Tankers.

12 May 2020

Singapore Backs Next Generation Marine Tech Firms

Under scheme awarding grants to get product idea closer to market

11 May 2020

Delivered VLSFO Margins Easing in Singapore

The premium at Singapore was at $15.11/mt on Friday, Platts reported Monday, down from a nine-week high of $36.08/mt reached on April 30.

11 May 2020

Second Singapore Commodity Firm Has Legal Battle With Lenders: Bloomberg

HSBC claims the firm used the same cargo as collateral to secure credit multiple times

8 May 2020

Dry Bulk Carrier Detained in Australia Over Carriage Ban Violation

The ship was forced to debunker its fuel before being released.

5 May 2020

Chinese VLSFO Imports Decline After Local Production Boost

Fuel oil exports from Singapore and Malaysia to China dropped to 550,000-650,000 mt and 650,000-750,000 mt respectively in March.

5 May 2020

Australia Awards First Ship-to-Ship LNG Bunkering Licences

The Pilbara Port Authority has given licences to supplier Woodside Energy to provide ship-to-ship LNG bunkering services at the ports of Port Hedland and Dampier

4 May 2020

EMP to Trial Energy-saving Technology on Tanker

Project another step towards commercializing its Aquarius Marine Renewable Energy solution.

30 Apr 2020

Singapore ups Support for Maritime Sector

30% cargo ship port fee concession until end of the year.

30 Apr 2020