APAC News

Shanghai Exchange Plans Bunker Fuel Futures Listing

The exchange intends to list crude futures to set a benchmark for oil prices in Asia.

29 May 2014

Global Risk Management Expands Team in Singapore

New hire a result of "increased trading activities" says the hedging solutions company.

28 May 2014

Supplier Warns of Loading Delays at Kaohsiung

CPC Corporation says the main engine of one of its fuel oil barges broke down last Friday.

28 May 2014

OW Bunker Reorganises Asia Operations for Regional Growth

The company will have regional groups for Greater China, Korea/Japan, and East Asia.

27 May 2014

Singapore Supplier Pleads Guilty in Illegal Bunkering Case

Progressive Power supplied fuel without a valid licence, misusing another firm's bunker delivery notes.

27 May 2014

Supplier Relocates Barge to Meet Change in Demand

The move from Colombo was in direct response to increased volumes, rising demand, and expanding marine operations in the region, says GAC.

26 May 2014

Higher Bunker Demand Predicted for Asia

Global economic growth will drive the increase as the region's refineries reduce production the fuel.

23 May 2014

Safe Passage Guide Issued for Straits of Malacca and Singapore

The Safe Passage pamphlet is intended to be a handy tool for users of the SOMS on navigational guidelines and best practices to be observed.

21 May 2014

Ship Owner Pays $50,000 Over Bunker Spill, Could Still Face Criminal Charges

But in response to the payments, the provincial government has dropped a planned civil suit against Seen Sam Shipping.

21 May 2014

Japan Sees Rise in Bonded Bunker Sales

Sales in March were up 9.9 percent month on month to 2.1 million barrels, but down 6.9% over last year.

21 May 2014

First LNG Bunkering Station Opens on Yangtze River

The Chinese fuelling facility has a daily capacity of 135,000 cubic meters.

20 May 2014

Another Prison Sentence in Singapore Bunker Fraud Case

Bunker supplier boatman was sentenced to six weeks in prison and a $200 fine over the buyback scam.

20 May 2014

CPC Suspends 380 cSt Supply at Taichung

The state-owned company will resume sales in 2.5 months, after maintenance of a bunker barge.

20 May 2014

India: Bunker Sales at Cochin Could Triple in Three Years

The port's construction of a new liquid bulk terminal, along with changes to procedures and taxes, supports the industry.

19 May 2014

Chinese Bunker Supplier Swings to Loss

Andatee China Marine Fuel Services says the general slowdown in the Chinese economy hurt its sales.

19 May 2014

Singapore Bunker Sales Surge 20%

Volumes rose 20% month-on-month to their highest level in almost 2 years.

15 May 2014

China Fast Ferry Promises 20% Fuel Reduction

The passenger ferry is one of five ordered by Shenzhen Peng Xing Ferry.

14 May 2014

ExxonMobil Interview: Customer Demand is Driving Singapore Mass Flow Meter Expansion

"We don't find people are asking to do it the old way," Iain White, field marketing manager, tells Ship & Bunker.

13 May 2014

Oil Shock Would Hurt Asia Most

India could face particular problems because of a lack of oil stocks.

13 May 2014

Death Sentences Upheld in Vinalines Case

The Supreme People's Court of Vietnam lets sentences stand in corruption case.

12 May 2014