APAC News

Petro Inspect Expands with New Office in Hong Kong

Mr. Stanley Kwok Junde has been appointed as Director Operations of Hong Kong / China region.

20 Jul 2016

Crude Benchmarks Soft for a Second Day

Bunker prices were somewhat softer in the primary ports.

19 Jul 2016

Japan Bonded Bunker Sales Grew Nearly 11% in May

Japan sold 1.418 million barrels of bonded bunker fuel in May, up 10.7 percent from the previous month.

19 Jul 2016

Bangladesh Issues Tender for 160,000 Tonnes of Fuel Oil

The move is said to be part of efforts to buy at cheaper rates, reducing direct-term deals.

19 Jul 2016

India The New Catalyst For Oil Demand, Libya The "Wild Card": RBC

India recently posted a four million bpd consumption rate.

19 Jul 2016

Searights Bunkering Vessel Among Several Recent Singapore Vessel Arrests

The action taken against physical bunker supplier Searights is understood to be over a S$15,000 payment dispute.

18 Jul 2016

South Korea Aims to Become Regional LNG Bunkering Hub

The country has noted that there is a growing demand for the fuel in the maritime sector stemming from stricter environmental regulations.

15 Jul 2016

Lukoil Marine Lubricants Aims to Increase China and Hong Kong Market Share with New Office

The company says it has opened a new office in Hong Kong to boost its regional market presence.

14 Jul 2016

Singapore Records Another Massive Month of Bunker Sales

June's total for all products was just over 4 million mt for all products.

14 Jul 2016

Aegean to Open Representative Office in Seoul, South Korea

The move "represents the next step in developing the group's presence in the Asian shipping and bunkering markets," the global player tells Ship & Bunker.

14 Jul 2016

China Announces Seven Terminals to Trial Shore Power

China's Ministry of Transport has also requested the applicable authorities make necessary preparations to implement the trials.

13 Jul 2016

Indonesia's Pertamina Aiming for 5-10% of Malacca Strait Bunker Market with New Venture

Dwi Soetjipto, Pertamina's president director, says it will establish a bunkering subsidiary by September.

13 Jul 2016

NYK Line Continues R&D on LNG Bunkers for Emission Reg Compliance

The news came as part of an announcement by NYK Line that it was recently presented an award for Sakigake, Japan's first LNG-fueled tugboat.

12 Jul 2016

New Malaysian Deepsea Port Expected to be Operational within 9 Months

The Samalaju deepsea port in Malaysia's Bintulu's Samalaju Industrial Park is a RM1.8 billion ($450 million) project.

12 Jul 2016

BP and Flinders Ports to Invest AUS$8 million in Ex-Pipe Bunkering Facility for Port Adelaide

At present, bunkers are supplied ex-truck only.

11 Jul 2016

Build-Up in Floating Storage A Simple Case of Nobody Wanting The Oil: Analyst

Clarksons estimates that 120 vessels are now at anchor off Singapore and other ports.

11 Jul 2016

ReCAAP: 2016 Half Year Results Show Decline in Ship Hijackings for Oil Cargo Theft

ReCAPP says only such 2 incidents occurred in 2016, compared to 10 in 2015.

11 Jul 2016

Malaysian Bunker Supplier Aiming to be Listed by December

The company's founder says the plan has no exact dates as of yet, but says they "must get everything done within the calendar year."

11 Jul 2016

Asia Demand Seen as a Far Bigger Problem than Brexit as Oil Drops 5%

John Kilduff worries that upcoming economic data from China will be "worse than we ever thought."

8 Jul 2016

Singapore's Keppel Partners with Shell on LNG Bunkering Business

The two companies have signed a shareholders agreement to develop LNG bunkering services to supply vessels in the Singapore port.

7 Jul 2016