APAC News

Oiltanking Sells 45% of Singapore Storage Terminal
The company said the deal with Macquarie Capital brings more financial flexibility to the facility.
14 Aug 2013
Cosco Shipping in Arctic Voyage First
The company said the voyage will cut the time from Asia to Europe by a third and reduce fuel consumption.
14 Aug 2013
Japanese Bonded Bunker Sales Up in June
With supply strong, premiums for fuel in Tokyo ports have fallen in recent months.
13 Aug 2013
NOL Says Bunker Savings Helped Cut Losses
The company said market conditions in Q2 were worse than a year prior, but cost-saving efforts paid off.
7 Aug 2013
New Crankshaft Promises 9% Fuel Savings
Kobe Steel of Japan says a new iron stamping process makes a light, durable crankshaft with a long radius.
6 Aug 2013
Sri Lanka Commissions China-Funded Container Terminal
The facility will be the first of three at Colombo and will be comparable to Singapore and Duabi terminals.
6 Aug 2013
China Pushes for Vessel Scrapping
The initiative is part of a plan to restructure the nation's shipbuilding industry.
5 Aug 2013
International Bunkering Hires New India Head
Chandan Samaiyar has 30 years of experience in the bunkering industry.
2 Aug 2013
Press Release: Industry Partners with Informa on Launch of Intermodal Asia
Intermodal Asia will take place from 1-3 April 2014 at the Shanghai World Expo Centre.
2 Aug 2013
VAT Cut Boosts Bunkering at Cochin Port
The port has the potential to increase fuel sales from 1.6 mtpa to 20 mtpa, officials say.
1 Aug 2013
New Vessel Expands Bunkering Options at Cochin
The vessel will help fuel ships during monsoon season and at night.
1 Aug 2013
Sri Lanka Wants LNG Bunkering at Hambantota
A strategic plan calls for an LNG terminal with a power plant, as well as ship refuelling facilities.
31 Jul 2013
Fuel-Saving Efforts Help MOL Return to Profit
The company said slow steaming and other fuel-saving efforts helped boost its results.
31 Jul 2013
Deltamarin Designing Fuel-Efficient Car Carriers for Wallenius Lines
The company is working with a Chinese shipyard to help it focus on more sophisticated vessels.
31 Jul 2013
Vessel Detained Over Australia Oil Spill
If a company is found responsible it could face fines of $10 million plus cleanup costs.
30 Jul 2013
Bomin Appoints Managing Directors in Singapore, Hong Kong
The appointments are effective September 1, 2013 and will follow the departure of Raymond Kong on August 31, 2013.
29 Jul 2013
New Player for Indian Coastal Shipping
Logistics company Indev Group wants to provide "last-mile" transport with ships stopping at smaller ports.
26 Jul 2013
Brightoil Starts Zhoushan Bonded Bunker Supply
Four suppliers are now operating in the east China port.
24 Jul 2013
Call for Shore Power in Hong Kong
Environmental group says new cruise terminal creates dangerous pollution levels.
18 Jul 2013
Creditors Seek to Liquidate Chinese Carrier
CSC Phoenix has had assets frozen, and trading in its shares has been suspended.
17 Jul 2013