APAC News

Reports: Sri Lanka Sees June Bunker Sales Double
Despite weak petroleum prices, Sri Lanka is reported to have seen a sharp growth in the country's bunker fuel sales.
25 Aug 2015
Bunkers on Sunken Vessel Make For "Ecological Time Bomb" off New Zealand's Coast
The RMS Niagara, which sank off of New Zealand's coast 75 years ago, is said to pose an environmental threat as the vessel deteriorates underwater.
25 Aug 2015
Armed Attackers Target Six Ships Near Singapore in 30 Hours
However the attacks were unsuccessful, with no loss of cargo and no crew members harmed.
25 Aug 2015
COSCO Revenue Slides on Reduced "High Risk, Low Margin" Marine Fuel Activities
The company's bunker trading unit has been actively cutting down on high-risk activities.
24 Aug 2015
Indonesian Police Arrest Three Hijackers in Fuel Theft Case
The three are reportedly part of a wider group of 13 suspects.
24 Aug 2015
Drewry: COSCO-CSCL Merger Would Leave "Major Void" in a Container Alliance, Damage Competition on East-West Trades
Drewry also predicts there is "every chance" the merger will happen "at some point in the near future."
24 Aug 2015
NewOcean Looking to Enter Singapore Bunker Market
the number of accredited suppliers has been dropping in recent years.
21 Aug 2015
Low Bunker Prices "a Negative" for Dry Bulk
Low pricers discouraging slow steaming, Shippers worry that the dry bulk sector could be affected.
21 Aug 2015
ReCAAP: July Was First Month This Year With No Reported Fuel Siphoning Incidents
The overall number and seriousness of piracy attacks also decreased.
19 Aug 2015
Singapore's PSA Facing $61 Million Damages Claim from JNPT
The dispute is over a failed 2011 tender for a new container terminal.
19 Aug 2015
Insurers Say Tianjin Explosion Highlights Risks of Bigger Box Ships
The IUMI said that losses were indicative of a growing trend in the industry towards larger cargo values stored in ports and on large containerships.
18 Aug 2015
Royal Caribbean Signs Multi-Million Dollar Marketing Deal to Promote Singapore Cruise Industry
The cruise line has joined forces with the Singapore Tourism Board and Changi Airport Group.
18 Aug 2015
Recently Acquired Stake in Hong Kong Bunkering Company Drives Up NewOcean Energy Profits
The company re-acquired a 51 percent stake in Hong Kong's Success Pillar late last year.
18 Aug 2015
Singapore MPA Partners with Tech Giant IBM to Tackle Illegal Bunkering
MPA says their partnership with IBM will work toward increasing growth in vessel traffic in Singapore, as well as preventing illegal bunkering in the area.
18 Aug 2015
Evergreen Orders 10 Newbuild Eco-Boxships with 10% Reduced Bunker Consumption
Free trade opportunities inspired the order, says Evergreen executive.
17 Aug 2015
China: Bunkering Suspended, No Re-Open Date Set for Closed Fuel Oil Terminals at Tianjin
Last week's two explosions mean that all chemical, oil and liquefied petroleum gas terminals have been closed, along with bunkering operations.
17 Aug 2015
MMEA Says Vessel Involved In Bunker Theft from Singapore Tanker Has Been Identified
The unnamed ship was one of two ships that the authorities have been on the hunt for.
17 Aug 2015
COSCOL Vessel Arrested in Singapore
The arrest follows an action by Singapore-based Wong Partnership LLP.
14 Aug 2015
Singapore Bunker Sales Surge to 15 Month High
However sales of 500 cSt material took a notable 6 percent dip month-on-month to 681,900 mt.
14 Aug 2015
MMEA to Charge Two Bunker Tankers, 1 Laden With Fuel, 1 Empty, for Docking Illegally
The two Indonesia-flagged tankers allegedly failed to notify authorities when they entered Malaysian waters.
14 Aug 2015