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Tanker Owners Look to New Ships, Not More Ships

Tanker owners are looking to replace ships, rather than grow their fleets in the current market, says AET Tanker Holdings CEO.

GAC: HullWiper Diver-Free Hull Cleaning Technology Now Available in Singapore

A clean hull significantly decreases carbon emissions and fuel consumption, says GAC EnvironHull.

OOIL: Box Ship "Arms Race" is Terrible for Shipping Industry

"Investing in mega-vessels will often be the best choice for the individual carrier, although it is a terrible thing for the industry as a whole," says OOIL Chairman.

Sri Lanka: SLPA Seeks Private Sector "Bail Out" for Hambantota Bunkering

"We are now reaching out to the private sector to 'bail out' the SLPA and desperately looking for a partner for a joint venture," says Hambantota official.

Chinese Floating Islands Could Become New Bunkering Locations

Large "floating islands" proposed by a Chinese shipyard could be used as new bunkering hubs.

Arrests Made as China Cracks Down on Bunker Smugglers

Authorities shut down two gangs who are thought to have smuggled roughly 440,000 tonnes of bunker fuel.

Chimbusco, S-Oil in Second South Korean 40,000mt Fuel Oil Deal

The deal was reportedly concluded at a $1.20 pmt FOB premium over the mean Singapore price.

DNV GL Launches Singapore Customer Support Service Centre

The centre will focus on helping customers troubleshoot operational issues.

Bunker Tankers Arrested in OW Bunker Fallout Sold at Auction in Singapore

Two tankers were sold earlier this month, while a third is going through its third round on the auction block.

Western Australia Looks for Closer Collaboration with Singapore on LNG

"If Singapore is going to develop as a trading point and storage point for LNG, it will need to access long-term supplies of gas," says WA Premier.

COSCO Sells Old Vessels, Improves Overall Fleet Fuel Efficiency

The sales include a containership and 13 bulk carriers.

Malaysia Seizes Bunkers, Boats, Drugs, in Illegal Fuel Sales Raid

Six boats and 5.1 metric tonnes of marine products were involved in the MMEA seizure.

Singapore Hits Record Q1 Bunker Sales

The world's top bunkering port by volume records its highest ever first quarter bunker sales of 10,653,600 mt for all products.

Singapore Dry Bulk Market Might Not Be "So Bad" in 2015

Comapnies are focussed on driving efficiencies while ship orders have "ground to a halt," says Precious MD.

Room for "Cautious Optimism" in Singapore Maritime Industry

Singapore shipping should invest in R&D, particularly LNG, if it is to be prepared for a future bounce back in bunker prices.

IBIA Hires New Singapore Head for Asia-Pacific Expansion

Jason Leong will help the organization raise its profile and boost membership in the region.

Pirates Steal Fuel Cargo From Malaysian Tanker

The ship was carrying an estimated 4,000 tonnes of petrol and 1,000 tonnes of diesel

Low Oil Prices Have "Limited Effect" On Lube Prices

Supply and demand issues for lubricant oils have meant there has been little impact on prices

SISI: Chinese Fleet to Become World's Largest by 2030

The country's ships will represent 17 percent of global "shipping volume" by 2030, surpassing the Greek fleet, according to a SISI report.

Bunker Theft Will Continue to Fuel SE Asia Piracy

"A high demand for illicit oil will continue to drive fuel theft and the targeting of small, low freeboard tankers in the region," says PGI.

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