APAC News

Cargill: No Plans to Exit Singapore, China Fuel Oil Market
Rumours had previously speculated that the company was restructuring its oil trading portfolio.
22 May 2015
Canal to Bypass Straits of Malacca and Singapore "Hard to Justify"
Seatrade Global editor Marcus Hand argues that development of the Kra Canal faces economic, political, and geographic difficulties.
22 May 2015
Reports: Hin Leong Looking to Sell Stake in Singapore Storage Terminal Business
While Hin Leong has not itself commented on the news, it is said to be considering selling a $500 million stake in the Jurong Island terminal.
21 May 2015
Tauranga Harbour Bunkering Suspended in Wake of Bunker Spill Clean-Up
"We will not recommence refueling from the bunker pipeline until we have full confidence in its integrity," says Mobil New Zealand.
21 May 2015
Operator Says Fuel Oil Emulsion Trial Shows Promise of Emissions Reduction, Cost & Consumption Savings
"FOE has lower harmful emissions compared with normal fuels and this improves Health and Safety for those who have to work with it," says KiwiRail.
20 May 2015
Singapore Maintains Record High Bunkers Sales Momentum
2015's four month bunker sales total was 214,000 mt higher than the previous record high for the the period achieved in 2012.
20 May 2015
Thailand and China Deny Deal on Building Kra Canal to Bypass Singapore
Panitan Wattanayagorn, security advisor to the Thai deputy prime minister, said the reports from China might have been the result of a misunderstanding.
20 May 2015
Petronet LNG CEO: Kochi Could Become Southeast Asia's LNG Bunkering Hub
It is estimated that Kochi's bunkering growth is expected to grow by over 20 percent within the next year.
19 May 2015
MPA Provides "Largest Number of Recipients" 2015 Global Internship Award
Programme allows undergraduate students to gain hands-on experience in the maritime industry
19 May 2015
Armed Bunker Pirates Strike MT Oriental Glory Again, Steal 2,500 mt of Fuel Off East Malaysia
The incident is the second time fuel has been stolen from Oriental Glory in the last 12 months.
19 May 2015
Bunker Piracy in Straits of Malacca & Singapore "Remains a Key Concern": ReCAAP ISC
"Ship masters and crew are advised to deploy extra security watches," advises ReCAAP.
18 May 2015
Low bunker Prices Help Hanjin Shipping Swing to Profit in First Quarter
The company posted a net profit of $21 million this quarter after years of consecutive losses.
18 May 2015
Glander International Bunkering Cements Position in India
GIB announced Thursday that its Mumbai office has officially been registered as Glander International Bunkering (India) Private Limited.
15 May 2015
New Russian Far East Transhipment Centre Looks to Save Bunker Buyers Time and Money
The new Roads Transshipment Complex officially started operations in March of 2015 and could help double bunker volumes at Slavyanka port.
13 May 2015
Feeder Vessel Star Jupiter Arrested in Singapore
VesselsValue.com's VV@ service shows the Feedermax boxship is currently moored off Singapore's Eastern Anchorage.
13 May 2015
Analyst Links Singapore Bunker Players with Increase in Region's Fuel Piracy, says it's "the Perfect Product to Steal"
Experts suggest that Singapore's stringent bunker standards give fuel coming from the city-state a higher resale value.
13 May 2015
Singapore: Ocean Tankers to Boost Security Following Bunker Pirate Attacks
Ocean Tankers plans to strengthen its anti-piracy measures after one of its vessels was hijacked on May 2, the second hijacking in a year.
12 May 2015
Double Vessel Arrest Over Fuel Smuggling in East Singapore, Illegal Bunkering in Indonesia
One vessel was arrested for allegedly smuggling diesel fuel, while the other was suspected of being the supplier vessel to Urban Success.
12 May 2015
New HHI Propeller Attachment Promises 2.5% Bunker Savings
For a typical 8,600 TEU containership the shipbuilder says that the savings could amount to $19 million over 25 years.
12 May 2015
Brightoil's Singapore CEO Appointed Group Executive Director
Meanwhile, Brightoil's executive director and CEO of Brightoil Shipping Singapore Ptd. Ltd. resigns from the company.
12 May 2015