APAC News

Under Investigation China COSCO Exec Resigns
Some reports say a former COSCO Group chairman has been prevented from leaving China.
8 Nov 2013
Ten More Orders for Scorpio Bulkers
The ships, ordered from two Chinese shipyards, will cost a total of $278 million.
8 Nov 2013
Profits Jump for MISC on Floating Production System Income
The company's revenues held steady while reducing its expenses with smaller petroleum and chemical fleets.
8 Nov 2013
Singapore Takes Step Toward LNG Bunkering
With study completed, MPA seeks industry input before finalising standards.
7 Nov 2013
China COSCO Exec Under Investigation
The probe into Xu Minjie's dealings is suspected to be part of a crackdown on corruption across industries in China.
7 Nov 2013
Bunkering Business Will Shift to North Asia
But the IBIA chief says shifting global trade patterns won't result in any "big winners or losers."
7 Nov 2013
Seaspan Public Offering for Possible Vessel Purchases
The Hong-Kong based company has priced a $50 million public stock offering.
6 Nov 2013
Baltic Exchange Holds First Singapore Board Meeting
The group said it is taking steps to increase Asian representation on its board.
6 Nov 2013
MOL Reports Improved Results on Efficiency Measures, Falling Bunker Prices
The Japanese carrier said it has made headway with slow steaming and other efforts at cost reduction.
5 Nov 2013
MPA Approves Mass Flow Meters for 2 Singapore Bunker Tankers
ExxonMobil says the systems save time and ensure that the right quantity of bunkers is delivered.
5 Nov 2013
New Low-Sulfur Supply Planned for East China
Citing anticipated demand, Sinopec Zhoushan plans to begin selling the bunkers in Q1 2014.
4 Nov 2013
Titan Petrochemicals Sells Shipyard to GDZR
The shipyard and associated debt were transferred to Guangdong Zhengrong Energy.
31 Oct 2013
GS Caltex Doubles 500 cst Bunker Sales
The South Korean refiner says it increased its storage capacity for the grade.
29 Oct 2013
Monjasa Adds Trader in Singapore
The company moved Andreas Hoffman Kristensen to Singapore from Denmark.
28 Oct 2013
Dual Fuel LNG Vessels Planned for Southern China Rivers
The vessels will reduce fuel costs by 20 percent compared with diesel-only vessels, the shipyard says.
25 Oct 2013
Maritime Energy Test Bed Planned in Singapore
The facility will help academic and industry researchers develop green fuel and energy technologies.
23 Oct 2013
China Planning LNG Bunkering for 2014
"There is a big potential in the LNG bunkering market," China Gas Holding VP says.
23 Oct 2013
Brightoil Gets Approval for Chinese Terminal
The Waidiao Island terminal's four berths will accommodate up to 300,000 dwt, the company said.
22 Oct 2013
Singapore LNG CEO to Step Down
Neil McGregor to step down from December 1, 2013 and will be replaced by former YTL PowerSeraya Group CEO John Ng.
22 Oct 2013
LNG Shipping Deal for Indian Companies
A consortium including SCI will lease a carrier to Petronet LNG to import LNG from Australia.
21 Oct 2013