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Tricks of the Bunker Trade: Singapore Cappuccino Bunker Incident Report [Pictures]

Tricks of the Bunker Trade: Singapore Cappuccino Bunker Incident Report [Pictures]

Had this malpractice not been detected the client would have had a monetary loss of at least $36,000.

Three in Court Over Illegal Bunker Storage in Malaysia

Two directors of Malaysian bunker player Zone Arctic and a ship's captain have been bailed pending trial for illegally storing 190,857 of subsidised diesel.

South Korean Suppliers to Start 0.10% Sulfur Bunker Supply Mid-November

SK Energy will begin offering supply first.

Yangtze River LNG Bunkering to Get Government Support

A new fund set up by COSIG and the Jiujiang City government will invest in projects to create a LNG bunkering hub on the Yangtze River.

South Korean Refiners Mull Legal Action over OW Bunker Losses

Two South Korean refiners are said to be looking at legal action following potential losses resulting from OW Bunker's bankruptcy.

Singapore Monthly Bunker Sales Volume Edges Up in October

Year-to-date sales for all products are now 35.29 million mt, slightly behind the 35.51 million mt sold by the port at this point in 2013.

Singapore Bunker Tanker Arrested

The arrest claim was brought by Singapore-based trader Hin Leong and revolves around a 2,714 metric tonne cargo.

Singapore Bunker Market Experiencing Credit Crunch

OW Bunker's collapse has made suppliers in the area more cautious.

Brightoil Loses Two Trading Heads, Hires New Chief Executive in Singapore

Both the head of fuels and head of crude oil have left the company.

Singapore-Based Bunker Trader Vanguard Energy Files for Bankruptcy

The development appears unrelated to the collapse of now-bankrupt OW Bunker.

Update 1: Traders: Singapore in "Complete Chaos" Following OW Bunker Collapse, Others Disagree

Industry veteran Simon Neo, says chaos comments dramatically overstate the actual situation in the market.

MPA: OW Collapse Will Cause Minimal Disruption to Bunker Supply in Singapore

"MPA is working with the industry and the industry associations to mitigate any potential impact on bunkering operations in Singapore."

Singapore's Ezion Completes AusGroup Deal, Moves Ahead with Bunkering in Northern Australia

Ezion has sold its marine suppy base business to AusGroup, in which it holds 17.8 percent, and is building a 30 million litre fuel tank facility at Port Melville.

Brightoil Bid for Newfield Upstream Assets Could Run to $800M

Brightoil aims to continue investment in Chinese upstream operations with a bid for Newfield assets said to carry an $800 million price tag.

IBIA Gains Singapore MPA Accreditation for Mass Flow Meter Course

The IBIA has announced that its new MFM training course will have MPA accreditation.

China COSCO Expects 2 More Tough Years, Eyes Chinese Shipping Partnerships

China COSCO Chairman Ma Zehua says supply imbalance will remain for two years, but the company is looking into partnering with other Chinese shippers.

IEA: Asia Must Reform Market for LNG Expansion

The International Energy Agency said that Asian governments must address its "rigid and illiquid" natural gas markets.

South Korean Port Mulls LNG Bunkering

The Port of Ulsan is set to launch a feasibility study on LNG bunkering at the port.

Three New Ports Planned for Indonesia

The country has plans to issue US $1 billion in bonds to fund the project.

Japanese Yard Wins Eco-Ferry Order

The two 4,000-gt, 200-metre-long "eco-ferries" will be built for MOL Ferry.

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