APAC News

Chinese Port Launches CNY200M Low-Sulfur Incentive Scheme
Shenzhen's local government will offer cash rebates to shipping companies voluntarily switching to low-sulfur bunkers.
30 Sep 2014
LNG Bunker Demand to be 77 million tonnes in 2035
Liquefied Natural Gas is looking to become a significant portion of the global transport market share.
30 Sep 2014
Shenzhen Pushes For "Very Aggressive" 2018 Deadline for Pearl River Delta ECA
Local government in port city Shenzhen is pushing for an emissions control area covering the Pearl River Delta by 2018.
30 Sep 2014
India to Exempt Export-Import Shippers from Bunker Duty
India's Shipping Secretary announced the government would exempt shippers from duty.
29 Sep 2014
Gard: Using a Bunker Surveyor is Still Important, Even When Singapore has Mandatory MFMs
Bunker Surveyors should still conduct bunker surveys to check for signs of cappuccino bunkers and other malpractices, says Gard.
29 Sep 2014
Chinese Player Chooses Antifouling Coatings to Boost Fleet Efficiency
Jotun COSCO Marine Coatings will handle antifouling solutions for China Merchant Energy Shipping Co. newbuild VLCCs.
26 Sep 2014
Malaysian Player Cleared in "Bunkering Not Anchoring" Case
Komas Energy has avoided a fine of up to $30,000 having been acquitted in High Court appeal.
26 Sep 2014
Hong Kong Pleased with Shenzhen Green Initiative
Shenzhen will incentivise ships to use low-sulfur fuel, contributing to environmental goals.
25 Sep 2014
Cosco Orders 14,500 TEU Bunker Saving Box Ships, Warns They Could be "a Double-Edged Sword"
Guo Huawei, Cosco's Board Secretary noted that "the ships need to be filled for the cost savings to be achieved."
25 Sep 2014
Another Ship Arrested in Singapore
The Singapore flagged passenger ship Wavemaster 7 was arrested on September 19, 2014.
25 Sep 2014
If You Want to Make Money, Your Ships Need to be Fuel-Efficient, Says Analyst
"The shipping industry is no longer just about rates. It's also about who can cut costs more effectively."
22 Sep 2014
Singapore Continues Its 'Clamp Down' on Illegal Bunker Sales
"The Coast Guard will continue to conduct enforcement operations."
22 Sep 2014
German Vessel Arrested in Singapore
Singapore's admiralty sheriff arrests Buss Group MPP
19 Sep 2014
Singapore Sees Increase in Arrests for Illegal Bunker Fuel Trade
10 times more oil by volume has been illegally traded so far in 2014 than full year 2013, although the rise is largely attributable to a single large transaction.
17 Sep 2014
Singapore Bunker Sales Show Steady Growth
August sales volumes were up some 5% year-on-year, as year-to-date sales for all products continues to closely track 2013's performance.
16 Sep 2014
Singapore's Swire Pacific Takes Delivery of Fuel Efficient Newbuild
The new vessel, Pacific Gannet, increases SPO's offshore services fleet.
16 Sep 2014
SIBCON Participant List – First Cut Unveiled
With six weeks to go, 1000+ participants are confirmed from over 300 companies and 40 countries.
15 Sep 2014
Singapore Shipping Corporation Purchases New Pure Car and Truck Carrier
The company said the carrier will deploy to a "blue-chip shipping major."
12 Sep 2014
Chemical Tanker Arrested in Singapore
Details over the detention of the 2008 built Glory Ocean were said to be unclear.
12 Sep 2014
Wärtsilä: No New Engine Joint Ventures in China
"We are well ahead of our competition in China," says Vice President Jaakko Eskola.
11 Sep 2014