APAC News

Mercuria, Trafigura, GP Global Eye Singapore Bunker Supplier Role: Report

A spate of fresh bunker licence applications may add new players to southeast Asian premier bunkering hub.

5 Feb 2020

Coronavirus Could Cut 0.7% from 2020 Global Container Throughput Growth: Alphaliner

The extended Lunar New Year holidays will cut cargo volumes at Chinese ports by more than 6 million twenty-foot equivalent units (TEU) in the first quarter.

5 Feb 2020

NYK Signs Deal to Build Second LNG-Fuelled Car Carrier

The ship is due for delivery in 2022.

4 Feb 2020

Eastern Pacific Shipping Reports 4.6% Drop in Carbon Emissions in 2019

The company's carbon emissions per tonne mile have fallen by 14.2% since 2015.

4 Feb 2020

Crude Plummets as Coronavirus Causes Huge Refinery Cuts

Crude will remain "reactionary" to media headlines, says CIBC analyst.

3 Feb 2020

India Exempts VLSFO From Import Tax: Reuters

The country's federal budget for 2020/21 includes the exemption, Reuters reported Saturday.

3 Feb 2020

MOL CFO Warns of Potential Coronavirus Delays to Scrubber Retrofits: Reuters

The delays may tighten freight markets, Reuters cited MOL's chief financial officer as saying Friday.

3 Feb 2020

Brightoil Releases Unaudited Results Showing $329 Million Loss in 2018-19

The results, released on Friday, show a loss of HK$2.544 billion in the year to 30 June, 2019.

3 Feb 2020

Fratelli Cosulich to Announce New Physical Supply Location in Q1: Platts

The company sold more than 6 million mt of bunkers worldwide last year, according to Platts.

30 Jan 2020

Scorpio Bulkers Sees Scrubber Retrofit Off-Hire Time Reach 40 Days

Delays are adding 15 days to off-hire time, according to Scorpio.

28 Jan 2020

Straits Inter Logistics to Take Over Malaysia's Labuan Liberty Terminal

The contract is set to last for six years from 1 April.

28 Jan 2020

Petrochina Takes Top Slot Among Singapore Bunker Suppliers for 2019

2018's top supplier, Ocean Bunkering Services Pte Ltd, dropped to third place last year.

24 Jan 2020

Don't Expect to See China VLSFO Supply Boost Before Q2: Reuters

It would take at least three months to add refinery infrastructure and adjust production plans, according to an official at a Sinopec plant.

24 Jan 2020

Coronavirus May Cause 'Short-Term Headwinds' for Tanker Market: Analyst

The consultancy cited the SARS epidemic in 2003 in analysing the potential impact on the tanker market if the virus spreads further.

24 Jan 2020

Chinese Exporters Seek Combined 24 Million Tonnes of Fuel Oil Export Quotas: Platts

China is set to apply a value added tax rebate on fuel oil from 1 February.

22 Jan 2020

Port of Karachi Joins Open-Loop Scrubber Ban Club

Pakistan's government has advised shipowners with scrubbers either to switch to compliant fuels or to operate them in closed-loop mode when visiting the port.

21 Jan 2020

Shipowners Debunkering HSFO in Hong Kong Ahead of Carriage Ban: Platts

Suppliers have been purchasing debunkered HSFO from shipowners at a discount to resell it to others with scrubbers equipped to their vessels.

17 Jan 2020

Singapore Bunker Supplier Count Falls to 45

Costank (S) Pte Ltd no longer on MPA's official list of licensed suppliers.

16 Jan 2020

Indian Oil to Produce More Than 1 Million mt of VLSFO in 2020: Reuters

The company may also start buying crude from Russia, its chairman told Reuters.

16 Jan 2020

PIL Still Facing Singapore VLSFO Delays: Alphaliner

Some ships have been waiting at Singapore for as long as three weeks, according to the shipping intelligence service.

15 Jan 2020