APAC News

South Korea Will "Support HMM by Executing Mega Container Ship Contracts"
The troubled shippers' debt adjustment process is in the final stage and said to be a success.
10 Jun 2016
ReCAAP Releases Latest Report, Asia Piracy and Armed Robbery Incidents at 4 year Low
ReCAAP says eight incidents of piracy and armed robbery against ships in Asia were reported during May, a 65 percent year on year decrease.
9 Jun 2016
NYK Line to Partner on Study to Bring LNG Bunkering to Port of Yokohama
NYK Line is said to be partnering with Tokyo Gas Co and Japan's transport and economy ministries on the study.
7 Jun 2016
Malaysian Firm Receives Shareholder Approval to Move into Bunker Markets
The company is hoping for its license to start providing bunkering services at the Pasir Gudang Port area by the end of the year.
7 Jun 2016
9% Non-Compliance in New Shanghai ECA
The inspections, which were carried out in April and May, are reported to have examined 108 ships.
7 Jun 2016
India's First Solar Powered Ferry Expected to Launch in August
The solar ferry is expected to make savings of INR 3 million ($45,000) per year in bunker costs.
6 Jun 2016
Maiden Voyage for Methanol Bunker-Powered Tanker
"We believe methanol as a marine fuel has immense potential in helping the shipping industry meet environmental regulations," says the vessel owner.
6 Jun 2016
Properly Enforced Environmental Regulations are a Competitive Advantage: WWL
Creating a level playing field through enforcement is not a liability for a country, says Anna Larsson, Global Head of Sustainability at WWL
2 Jun 2016
Chemoil Anounces New Physical Supply Location
A new barge, Valiant III, will be deployed on June 23.
2 Jun 2016
Hyundai Merchant Marine Comes One Step Closer to Stabilizing Its Business and Financial Status
Bondholders have agreed to swap more than half the company's debt with HMM stocks.
1 Jun 2016
South Korea-Based KTB Joins KPI Bridge Oil Group
KTB, which will be now be known as KPI Bridge Oil South Korea, will complement "the group's long established Singapore presence."
31 May 2016
Royal Vopak Sells 40% Stake in Japanese Terminals
Royal Vopak says it has sold its stake in Nippon Vopak to Macquarie Asia Infrastructure Fund for approximately €26 million after capital gains.
31 May 2016
Tanker May Be Linked to 15 Tonne Fuel Oil Spill in Malaysia
A Port Klang-registered oil tanker is said to be suspected of causing Friday's fuel oil spill in Penang's North Channel.
31 May 2016
Australia Well Positioned to Use LNG Bunkers, but There's Little Motivation to Do So
Comments came from an expert panel at the LNG as Marine Fuel seminar, held as part of the LNG18 conference.
27 May 2016
Production Disruptions and Demand Growth Will Lead To A "Fundamental Price Recovery": Gammel
The Jeffries analyst says there are already signs of a much better market balance.
24 May 2016
Call For Change After Authorities Fail to Recover Cost of Bunker Spill
Local authorities were reported to have been short NZ$90,000 on clean up costs for the 2015 Tauranga Harbour bunker spill.
23 May 2016
Sri Lanka Moves to Include MARPOL Annex VI in National Legislation
"Air pollution caused by emissions of ships has rapidly increased," the government stated.
23 May 2016
Adani Bunkering Adds New Trader
Polson previously worked as a trader for Glander International for almost three and a half years.
19 May 2016
Update: Carnival Australia Appeals Fine After NSW EPA Says it Used Non-Compliant Bunkers
Cruise operator says NSW EPA did not consider available technical information showing it completed a fuel switch within the prescribed time.
19 May 2016
Vietnam PM Gives Green Light to Ship Pollution Plan
The plan is aimed at controlling environmental impacts of shipping by boosting environmental inspection at the country's ports, among other activities.
19 May 2016