APAC News

India Seeks Funds to Promote Coastal Shipping

The plan would use World Bank money to promote shifting cargo from land to sea transport.

8 May 2014

Titan Reaches 10% Payback Deal with Creditors

The debt arose from bareboat charters the parties agreed to in 2010.

7 May 2014

Shipowner Revenue Down as Ships Paused for Redelivery

Rickmers Maritime predicts no recovery in charter rates until 2015 as oversupply continues.

6 May 2014

Vessel Sinks, Evidence of Bunker Spill After MOL Motivator Containership Collision

Oil slick, debris spotted where a cargo vessel sank after colliding with MOL Motivator.

5 May 2014

New Managing Director for Dan-Bunkering in Singapore

Morten Mortensen was hired in February as Sales Manager at Dan-Bunkering (Singapore) Pte. Ltd.

5 May 2014

Skuld Welcomes Singapore Mass Flow Meter Mandate

Use of the meters reduces the potential for disputes among owners, charterers, and suppliers.

5 May 2014

KPI Bridge Oil Appoints Team Leader in Singapore

Keith Wong has been with the company for nearly 6 years.

2 May 2014

Bunker Price Drop Helps MOL Swing to Profit in FY2013

The Japanese carrier said lower bunker prices helped its results, as it continues to improve efficiency.

2 May 2014

Total Marine Fuels Expands Team in Singapore

Lee Min-Souk hired as Operations Executive to work alongside Rosli Danial.

1 May 2014

Bunker Tanker Catches Fire off Malaysia

The vessel's 11 crew members were rescued, while much of the ship was destroyed.

30 Apr 2014

Malaysian Authorities Detain Three Ships for Illegal Fuel Transfer

Malaysian authorities says an Indonesian containership was receiving fuel oil and lube oil illegally.

28 Apr 2014

Armed Bunker Pirates Strike Again off Malaysia

The incident occurred last week, but was not immediately reported due to damaged communications equipment.

28 Apr 2014

Police Suspect Malacca Strait Bunker Theft Was Inside Job

Three crew members who left the tanker with the robbers were the captain, first officer, and chief engineer.

25 Apr 2014

Hong Kong Energy Company in New China LNG Focus

Fairson Holdings has changed its name to China Oil Gangran as it builds its clean energy business.

24 Apr 2014

Bunker Pirates Strike in Armed Robbery off Malaysian Coast

3 million liters of diesel and three crew members were taken in the attack on a Japanese tanker in the Malacca Strait.

24 Apr 2014

Singapore: ExxonMobil to Deliver Majority of Bunkers Using Mass Flow Meters by July 2014

The supplier will double to 6 the number of its chartered vessels that have an MPA approved mass flow metering system.

23 Apr 2014

Singapore Firm Launches Last Ships in Fuel-Saving Series

The D-Class anchor-handling vessels are designed to serve rigs in harsh conditions.

23 Apr 2014

Deeper Channel Opens for Vietnam Port

The expansion cuts steaming time in half, reducing fuel costs, and accommodates Panamax ships.

23 Apr 2014

Fuel Prices, New Ships Drive Down Company's Profits

Harbor Star Shipping Services of the Philippines reports increased income from lighterage services.

22 Apr 2014

Chemoil's Last Day of Trading In Singapore Will Be May 2

The Singapore Exchange accepted the suspension of trading in the stock.

22 Apr 2014