APAC News

Bunker Players to Benefit from Proposed Indian Shipping Rule Change
But foreign shipping firms would loose out to local players as part of the proposed new rules.
19 Oct 2015
MPA in Push for More SGX Listed Shipping Companies
The Maritime Port Authority of Singapore is leading a new tripartite working group to encourage more maritime listings on the Singapore Exchange.
19 Oct 2015
Cosulich: I Hope Mandatory MFMs Will Force Singapore's Second-Tier Bunker Players Out of the Market
"The market is big, but it's definitely not big enough for 60 suppliers," Timothy Cosulich says of the Singapore bunker market.
19 Oct 2015
COSCO And CSCL Merger Talks Rumoured to Be at an Advanced Stage
Speculations over a merger have been circulating for months.
16 Oct 2015
MMEA Thwart Attempted 90,000 MT Bunker Robbery in Singapore Straits
MT Almi Spirit was reported to have been boarded by 6 armed robbers on Thursday.
16 Oct 2015
MOL Addresses Speculation Over ¥5 billion Loss from Daiichi Chuo Kisen Kaisha Bankruptcy
"Net income for the first half of FY2015 is projected to exceed the media-reported figure," says MOL.
15 Oct 2015
China Could be the "Next Big Thing" for LNG Bunkers
Craig Eason, writing for Lloyd's List, says that new Chinese policies promoting gas powered shipping could translate into LNG becoming a main shipping fuel.
15 Oct 2015
Mumbai OPL Bunkering Now Fully Underway as Monsoon Restrictions are Lifted
Restrictions due to Monsoon Season have been lifted effective October 1.
14 Oct 2015
Call for Tougher New Zealand Bunker Spill Laws
About 39,000 litres of oil is reported to have spilled into harbours since 2011.
14 Oct 2015
Singapore Bunker Sales Surge Continues as MPA Posts Record 9 Month Volumes for January to September
The September total itself was an increase of 9.3 percent over last year, and the fourth highest ever monthly sales total.
14 Oct 2015
BLT Expects to Receive $10 Million Cash Injection
The chemical tanker company, which has been reported to be struggling, says they are expecting the investment to be made by two Indonesian businessmen.
13 Oct 2015
Arrested Singapore Bunker Tanker with $1 Million 380 cSt Cargo up for Auction
The bunker tanker also has bunkers onboard valued at a non-negotiable S$44,192.00.
13 Oct 2015
Second Bulk Carrier this Month Arrested in Singapore
The arrest took place on Friday October 9, 2015 at 2:00am local time following action by local law firm Joseph Tan Jude Benny LLP.
12 Oct 2015
33 Singapore Bunker Tankers Now Fitted with MPA Approved Mass Flow Meters
The 2,795 GT Pearl Jubilee and the 3,597 GT Armada were the latest bunker tankers to be approved.
12 Oct 2015
India Plans Box Ship Bunker Tax Break
The bunker tax exemptions have been extended to ships carrying containers domestically.
8 Oct 2015
Court Gives Daiichi Chuo Kisen Kaisha Until February 2016 to Submit Rehabilitation Plan
The shipping firm will work with creditors and partners to settle $1 billion in debt.
7 Oct 2015
Two Ships Detained in Malaysia for Illegal Bunkering
An Indonesia-flagged ship was reportedly caught transferring fuel to a Vietnam-flagged ship.
7 Oct 2015
Chemoil Sells Joint Venture Interest in Indian Bunker Player Chemoil-Adani
Chemoil-Adani Pte Ltd. will be renamed Adani Bunkering Pvt Ltd.
7 Oct 2015
Calls for New Bunker Terminal, Tax Free Bunkers in Gujarat as Part of Maritime Infrastructure Developments
The state is also set to receive an integrated port management system, as well as a maritime cluster focused on soft services.
7 Oct 2015
Marine Wind and Solar Power System Awarded Patent
"It will help clear the path towards full commercialization of the system," says Eco Marine Powers's Chief Technology Officer Greg Atkinson.
6 Oct 2015