APAC News

China Confirms Process for Auctioning of Arrested Bareboat Charter Vessels
The country's highest court also confirmed that ship arrest and auction cases will be dealt with by coastal provincial maritime courts.
2 Apr 2015
Brightoil's Head of Fuel Oil Trading in Singapore Resigns
Junior derivatives trader Lionel Kong is also reported to have left the company.
2 Apr 2015
Australian MP Suspended Over Bunker Protest
"With other developed nations banning it in ports, it's long overdue to do the same thing in Australia," says MP of burning HFO while at berth.
2 Apr 2015
Another Australian Port Sees Complaints Over Cruise Emissions
Residents near the Port of Melbourne have reportedly contacted the Australian EPA and the port authority over pollution and health concerns
1 Apr 2015
Malaysian MGO Supplier Plans to Expand Through Acquisitions
"Our new companies will still be in the oil and gas segment and utilities segment," says MD.
31 Mar 2015
Shippers Living "Hand to Mouth" Despite Low Bunker Prices, Near 100% Utilisation
"We have no margins in this [dry bulk] segment and are absolutely in a hand-to-mouth situation at present," says Shipping Corp. of India.
31 Mar 2015
Malaysian Bunker Supplier Looks to Share Listing in 2016
The move is aimed at raising capital for expansion and future development.
31 Mar 2015
Skuld Warns Members to Be Prepared for Hong Kong Emissions Rules
"Vessels should be prepared, so that they have the requisite fuel on board prior to berthing," says the P&I club.
30 Mar 2015
Chevron Looks to Sale Stake in Australia's Caltex
The company hopes to sell 135 million shares for $3.6 billion.
30 Mar 2015
Update 1: MPA Rejects Claim it Could Have Averted OW Bunker Bankruptcy
MPA also says no malpractice was found at Noble, and that its exit from bunkering was because they decided not to renew their bunker supplier licence.
26 Mar 2015
Tight Bunker Supply in Japan Drives Business Elsewhere
Hong Kong and South Korea are seeing enquiries rise as Japanese traders have little to offer the market.
26 Mar 2015
Australian Cruise Operators Address Local Emission Fears
Both Cruise Eden and Carnival Australia said that current berthed ships were not forming a health hazard for local residents near the Port of Eden.
25 Mar 2015
ReCAAP: High Probability of Repeat Attack by Gang in Singapore-Malacca Strait
The same gang is believed to be behind two, largely fruitless, attacks in Indonesian waters within 5 hours of each other on Saturday.
25 Mar 2015
Singapore Bunker Supplier Arrests Tanker Over Unpaid Bill
Gagasan Carriers failed to pay Sky Oil & Gas Asia Pte for bunkers worth SGD 44,747.
25 Mar 2015
Singapore's MPA Urges More Cooperation In Battling Piracy
The city-state reconfirmed its own commitment to the cause.
23 Mar 2015
Reports: Armed Bunker Pirates Steal 1,500 tonnes of Fuel in SE Asia
The hijacked Malaysian ship has since been found off Indonesia with its crew unharmed, but without the cargo of bunkers it was carrying from Singapore.
20 Mar 2015
Hong Kong Sulfur Cap Sees Shippers Mull New Bunker Surcharges
"We may implement surcharges similar to what we are doing in North America and Europe," says shipping company manager.
19 Mar 2015
K-Line Sets Goal To Cut CO2 Emissions in Half as it Aims for Ultimate Target of Zero Emissions
The goal is part of a list of four environmental priorities which includes tackling oil spills and introducing alternative fuels into its fleet.
19 Mar 2015
New Singapore Hire for Dan-Bunkering
Emelia Yusope was appointed as Bunker Trader effective from the middle of last month.
18 Mar 2015
China's Rongsheng Signs MOU to Sell Shipbuilding Business
The struggles of its shipbuilding arm, Jiangsu Rongsheng Heavy Industries, had been interfering in efforts to expand in energy services.
18 Mar 2015