APAC News

Cargo Ship Spills Fuel During Bunker Transfer
Authorities have begun a clean up effort after a used pipeline for bunkering broke during the transfer, spilling an unknown quantity of fuel into the water.
3 Dec 2015
China, Not OPEC, Holds Key to Oil Price Recovery
An HSBC advisor says OPEC slashing output won't necessarily result in better prices.
30 Nov 2015
MTI Extends Singapore BEO for Liner Shipping Agreements Another Five Years
The Ministry of Trade and Industry says it has extended the Competition Block Exemption for Liner Shipping Agreements Order until December 31, 2020.
27 Nov 2015
Singapore Arrests Russian Vessel Arrest for a Second Time in as Many Months
The vessel, Akademik Fersman, is a seismic survey vessel owned by Russian petroleum industry focused geophysical services firm JSC DMNG.
27 Nov 2015
Ardmore Shipping Opens Singapore Office
The company says the move is inteneded to in helps the company expand its operations in "important growing" Asian and Middle Eastern markets.
26 Nov 2015
3 Ships Caught Illegally Transferring Bunkers In Malaysia
The Malaysian Maritime Enforcement Agency has captured three vessels transferring fuel oil ship to ship without permits to do so.
24 Nov 2015
Box Shipping Unsustainable at Current Rates: Singapore Shipping Association
Association says there is "definitely" a consolidation trend taking place as a result of the poor market conditions.
24 Nov 2015
MXB Resumes Operations in Kochi After Upgrades for Faster Bunkering, More Capacity
The company says it has completed a four month long upgrade project on its facilities.
23 Nov 2015
Asia Piracy Down in October But 2015 Still on Course to Hit a Five Year High
ReCAPP reports no incidences of piracy and no hijacking for oil last month.
20 Nov 2015
China COSCO-CSCL Merger Approval Expected by January
Sources say that one of the priorities of the talks are to "avoid any layoffs from the merger overlaps."
20 Nov 2015
Bunker Jobs: Senior Bunker Trading Manager Required
MXB is seeking an experienced, senior bunker trader to further expand our bunkering activities.
19 Nov 2015
BMS United Bunkers Expands Singapore Team
Captain Yoric Rodrigues and Haikal Razak will both report to the Managing Director – Asia, George Kounalakis.
19 Nov 2015
New India-Based Trader for Glander International Bunkering
Ankita Batra is said to be familiar supplying in the ports of India, Singapore and Fujairah.
19 Nov 2015
CPC Details Further SLPA Bunkering Irregularities at Hambantota
Sri Lanka's Ports Minister, Arjuna Ranatunga has promised that action will be taken against those responsible, regardless of affiliations or status.
17 Nov 2015
Singapore Posts 22% Slide in 500 cSt Sales, But Remains On Track for a Record Year of Overall Bunker Volumes
500 cSt, Singapore's second most popular product, saw its lowest share of the sales since January 2013.
16 Nov 2015
Singapore Adds 53 More Ships to its Green Ship Programme
Another 10 maritime companies have also signed the Maritime Singapore Green Pledge.
16 Nov 2015
New Singapore-Based Trading Manager for Dan Bunkering
Grace Ong is said to hold have around 15 years of experience within the shipping and bunker industry.
16 Nov 2015
Singapore Interested in Development of Arctic Shipping Routes
It was noted that changes in the Arctic may have effects on Singapore far into the future.
13 Nov 2015
NOL Takeover Talks Fail to Lift Share Price, Highlights Market Scepticism Over a Sale
Thursday's close is a discount of 25 percent of the company's book value of S$1.380.
13 Nov 2015
Teapot Refinery Rule Change Could Put Asia Fuel Oil Prices Under Pressure in 2016
China's fuel oil imports could drop to the 200,000 bpd mark in 2016.
12 Nov 2015