APAC News

Japan, China Seek Share of LNG Carrier Newbuild Market

Chinese shipbuilders are working with Japanese companies to develop technical skills.

23 Dec 2013

Premium Up 36% in South Korea Fuel Deal

Hyundai Oilbank agreed to pay $15 per tonne above Singapore spot prices in 2014.

19 Dec 2013

Singapore: Tax-Free Bunkers Only for Direct Supply to Foreign-Going Ships

The nation's revenue authority issued new guidance clarifying the rules on marine fuel taxes.

18 Dec 2013

Singapore November Bunker Sales Grow 3% Year-on-Year

Month-on-month, sales were down some 11 percent to an eight month low.

17 Dec 2013

Police Charged After Wrongful Arrests Over Bunkering

Companies claim police made illegitimate fuel pilferage charges in October case.

17 Dec 2013

Death Sentences for Former Vinalines Execs

Despite the defendants' denials of guilt, the men were found to have violated rules on investment, bidding, and customs procedure.

16 Dec 2013

Chemoil Adani Plans Chennai Bunkering Facility

Chemoil says bunkering at the port could expand greatly, as it did at the company's Mundra facility.

16 Dec 2013

Class Society Releases Gas Fuel Guidelines

ClassNK said the new version of the guidelines came out of IMO discussions on safety.

13 Dec 2013

MPA in Consultation with IBIA on LNG Bunkering

The group has finished an industry consultation on bunkering standards and is now seeking IBIA feedback.

11 Dec 2013

Indian Shipper Orders Fuel-Saving Bulkers

GESCO is "rebuilding" its dry-bulk fleet after downsizing it in recent years.

11 Dec 2013

Shell Could Help with LNG Ship Conversions

Indonesian president seeks the company's help moving thousands of ships from diesel to gas.

11 Dec 2013

New Bunker Player in Singapore as Soon Tian Oon Pte Ltd Exits the Market

The MPA has added Raffles Bunkering, a division of Raffles Shipping Group, to its list of accredited suppliers.

10 Dec 2013

Delayed Bunker Cleanup Starts in Philippines

Authorities urge barge owner to hire a new contractor to handle response efforts.

9 Dec 2013

New Lab to Focus on Renewable Energy, Bunker Saving Technologies

Located in Osaka, Japan, the Aquarius Innovation Lab includes an indoor test centre plus an outdoor area.

9 Dec 2013

Singapore Bunker Trading Volumes "Down Some 25-30%"

Physical oil volumes traded were estimated to be down 15-20 percent with "no market for trading big volumes."

5 Dec 2013

GE Marine, Dalian Shipbuilding Plan "Next Generation" LNG Carrier

The design promises strong environmental performances and could boost Chinese shipbuilding, they say.

5 Dec 2013

Twenty New Companies Sign Singapore Green Pledge

The pledge is part of the comprehensive Maritime Singapore Green Initiative.

4 Dec 2013

New Chief Executive at the Maritime and Port Authority of Singapore

After four and a half years at the helm, Lam Yi Young will be replaced by Andrew Tan Kok Kiong on January 1, 2014.

2 Dec 2013

Barge Reportedly Barred from Indian Port After Allegations of Stolen Bunkers

The managing director of the shipowning company blamed "rogue elements" in the firm.

2 Dec 2013

Pacific Basin Adds Seven Newbuild Vessels

The company is purchasing the handysize and handymax ships from three sellers for $168.6M.

2 Dec 2013