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Singapore Players Looking to Trade LNG Bunkers

In preparation for the start of LNG bunkering in 2017 in Singapore, traders in the local market are said to be in talks with new LNG bunkering licencees.

Vessel Sinks in Indonesia After Grounding, No Reports of Spilled Bunkers

A 1980s-era cargo ship KM Bunga Melati XV has sunk in the port of Tagulandang.

Daiichi Chuo Kisen Kaisha Submits Rehabilitation Plan Ahead of Schedule

The bulker operator could receive an injection of JPY2.88 billion ($35 million) from investors.

South Asia Suppliers Address Bunker Quality Rumours

Buyers avoid buying "cheap or unrealistic fuel," a local player tells Ship & Bunker.

India's Gulf Petrochem Initiates Bunkering at West Coast Port of Pipavav

The company is said to be currently providing 380 CST and MGO via truck-ship bunkering.

Reconstruction of Russian Bunkering Facility to be Complete by End of Year

Modernisation to tanks for both light and dark fuels was said to have already been completed.

Singapore's BW Group Looking to Pick Up Distressed Dry Bulk Assets

With the dry bulk sector in turmoil, opportunity-minded BW Group has established BW Dry Cargo.

VPS: Bunker Surveyors Still Needed With Mass Flow Meters, Quantity Issues Will Persist

Surveyors will be needed "in a vast number of areas" says VPS managing director Rahul Choudhuri.

Creditors of Singapore Dry Bulk Owner Press for Auction of Arrested Vessel

The MV Garv Prem is one of five bulk carrier vessels that the company had already agreed to sell to them in January 2016.

Players Highlight Importance of MPA Role in Mass Flow Meter Roll Out

In other ports there is no dominant port agency that certifies mass flow meters, potentially leading to discrepancies.

Buy and Sell Frenzy in Singapore Market is First Big Bunker Battle of 2016: Reports

The activity has also caused an unjustified backwardation, say analysts.

Korean Dry Bulk Owner Sees Rehabilitation Plan Vetoed

Indebted Korean shipper Samsun Logix has until April 8th to come up with a more realistic repayment plan.

Seoul Supports HMM Restructuring, as Separate Reports Suggest Finances Worse than Previously Stated

Audited financial statements of HMM said to reveal slightly larger 2015 losses.

Hanjin Shipping Seeks KRW500 Billion in Savings to Gain Eligibility to Government Fund

The savings are needed to lower its debt-equity ratio, and are expected to be obtained via lay-offs and operating expense reductions.

LNG Bunkers Facing an Uncertain Future in Asia

Cheap oil is slowing the adoption of the alternative fuel in Asia, an IBIA forum has heard.

Singapore: MPA Reaffirms ReCAAP's Role in Regional Anti-Piracy Efforts

The MPA Thursday highlighted the "instrumental role" the ReCAAP has played in addressing piracy and armed robbery against ships in Asia.

"If You're Walking through Hell, Keep Walking" Says Singapore MPA Chairman of Difficult Maritime Markets

Lucien Wong's comments came in his opening remarks at the Asia Pacific Maritime 2016 exhibition in Singapore.

Critics Question Tendering Process for Hambantota Bunker Facility Operation

Sources say the call for tenders ran for only two weeks, failing to allow proponents' enough time for proper application.

Japan's January Bonded Bunker Sales Swell 8.7% Month on Month

Japan's bonded fuel sales reached 2.52 million barrels during the month of January, achieving 36% year on year rise.

Spill Reported During Bunkering at Melbourne

Bahamas-flagged ICS Allegiance is said to have been linked to the estimated 30 litre spill after sheening was observed in the port's waters.

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