News Prices Demand Map
Free Registration
& Daily Email Subscribe

APAC News

Filipino Officials Fear Bunker Spill After Barge Grounding
"We are more concerned about a possible oil spill because bunker fuel would do a lot more damage than coal," says DENR.
7 Jan 2015
Oil Spill After Singapore Vessel Collision
4,500 tonnes of Madura crude oil was spilled from a tanker as a result of the incident.
5 Jan 2015
Malaysia's Shin Yang Says Low Bunker Prices Will Push Profits Up
Margins will increase by 7 or 8 percent as a result of dramatically lower bunker prices, says Syscorp.
2 Jan 2015
Brightoil to Benefit From Oil Tax Cuts in China
The threshold for tax-free will rise to $65 per barrel.
31 Dec 2014
Tanker Arrested in Singapore
The arrest was made due to a cargo owner's claims.
24 Dec 2014
Several Hundreds of Litres of Bunker Fuel Spilt in New Zealand
"I hope that the response will reassure the public, particularly our neighbours, that we take these things seriously," says the local harbourmaster.
23 Dec 2014
NYK, ClassNK to Team With Singapore Groups on Non-ECA Scrubbers
The organizations will work to make instalaltion easier and scrubber sizes smaller.
23 Dec 2014
NewOcean Energy Acquires Hong Kong Bunker Business "Seriously Affected" by OW Bunker Collapse
NewOcean Energy already owns the other half of Ego Time Group through a subsidiary.
23 Dec 2014
Maersk Line: We're Not Profiting from Low Bunker Prices
Maersk will only profit if low bunkers spurs economic and trade growth, says Maersk Line Asia Pacific CEO.
22 Dec 2014
Shipyards Fighting for $4.5 Billion Worth of 20,000 TEU Box Capacity Ship Orders
The estimated $150 million price tag for each ship will be lower than what Maersk Line paid for its Triple E ships.
22 Dec 2014
NAPA: Ships are Facing Pressure to Control Fuel Costs
The company also announced that K-Line would be installing NAPA's eco-efficiency software on three ships.
19 Dec 2014
Major Philippines Bunker Depot Ordered to Close By Mid-2015
The Pandacan Terminal site will be converted into a commercial zone.
18 Dec 2014
Asian Development Bank Announces $450m Loan for LNG, CNG Fuel Infrastructure in PRC
ADB will lend $450 million to China Gas Holdings to build gas refuelling infrastructure, including LNG bunkering stations along major river routes.
18 Dec 2014
Shanghai Tonya Petrochemical Considering Acquisition of Bunkering, Shipping Companies
The group of companies in question were not named.
17 Dec 2014
Singapore Shrugs Off "Chaos" from OW Bunker, Dynamic Oil Trading Collapse as Sales Volume Remains Steady
Volumes have remained steady both month-to-month, and year-to-date, despite reports of a credit crunch follow the collapse of OW Bunker.
16 Dec 2014
Singapore Credit Crunch Easing
Bunker markets are slowly returning to open credit terms, according to traders.
15 Dec 2014
LNG Orders Take Up Slack at Korean Shipyards
South Korea's shipbuilders are benefitting from orders of LNG ships as offshore project orders fall with oil price.
12 Dec 2014
Cash Rich Companies Have Clear Advantage in Singapore Following OW Bunker Exit
World Fuel Services, Sentek Marine and Trading, Transocean Oil and Searights Maritime are speculated to have benefited.
2 Dec 2014
3 Arrested Over Singapore Bunker Theft
Three of ship's crew in court over alleged theft of $43,700 worth of marine gasoil.
2 Dec 2014
Indian Shippers Call for India to Extend Bunker Duty Exemption
"This has been a long-standing demand of Indian ship owners and operators seeking a level playing field," says ICCSA President.
1 Dec 2014
Popular Now See all →