APAC News

MPA: Singapore Bunker Spill Vessels Were Issued Warnings Prior to Collision
Good progress reported on clean up operations, no significant patches of oil now sighted in the waters.
3 Jul 2013
Lloyd's Register to Support First Chinese Built Dual-Fuel LNG Carriers
Ships will be fitted with medium speed MAN B&W dual-fuel diesel engine systems, enabling them to burn both gas and fuel oil.
2 Jul 2013
Bunker Spill in Singapore After Bulk Carrier Collision
MPA says approximately 100 metric tonnes of fuel oil spilled from Oriental Pioneer after it collided with Atlantic Hero.
2 Jul 2013
Singaporean Bunker Tanker Owner's Profits Hit By High Fuel Costs
Yujin International say higher fuel costs contributed to a 50% slide in profits for its 2012 financial year.
2 Jul 2013
Another Bunker Supplier Exits Singapore Market After BDN Misuse
Coast-Channels Marine Services Pte Ltd found to have breached the terms and conditions of its bunker supplier's licence.
1 Jul 2013
Pakistan Stops Two LNG Import Projects
The nation's new regime will seek tenders for a new project, promising more transparency.
1 Jul 2013
Kogas Eyes LNG Bunkering Deal with Japan
A pilot project to supply LNG to ferries plying the South Korea-Japan route has already been discussed.
28 Jun 2013
Source: Singapore Firm Plans to Enter Hong Kong Bunker Market
South Horizons International Petroleum said to be entering the market in late July.
28 Jun 2013
Stake in LNG Tank Tech Company Up for Sale
Total and a private equity firm are selling 60 percent of cryogenic hull linings maker GTT.
26 Jun 2013
Asia-Pacific Marine Coatings Market Growing
Anti-fouling and foul-release coatings to improve fuel efficiency are becoming increasingly popular.
26 Jun 2013
Bunker Spill Reported in Philippines
Authorities say problems with a storage facility allowed the oil to escape.
25 Jun 2013
MAN Diesel Building Turbochargers in China
The company said local production helps reduce delivery times and costs for Chinese shipbuilders.
24 Jun 2013
MPA Cancels Two Singapore Bunker Licences
Licences for Golden Lights HS Bunkering and Shing Li Shipping revoked effective today.
24 Jun 2013
TMT's Single-Ship Companies File for Bankruptcy
The Taiwanese shipping company said the Chapter 11 proceedings are part of a broad restructuring program.
21 Jun 2013
7 Suppliers Exit Singapore Bunker Market in Last 12 Months
And sources say the number of accredited bunker suppliers is set to drop even further as smaller suppliers look to consolidate.
21 Jun 2013
New Trader Joins OW Bunker in Hong Kong
Andrew Lee joins OW Bunker from Noble Chartering Ltd.
20 Jun 2013
STX Pan Ocean Stock Sinks After Receivership Filing Accepted
A court accepts the carrier's receivership petition, opening the way for creditors to take equity in the company.
19 Jun 2013
Brightoil Zhoushan Oil Storage Project Begins
The company has signed a contract for construction of the facility, with plans to complete it by late 2014.
19 Jun 2013
South Korean Nuclear Plant Shutdowns Won't Hurt Bunker Supply
With a limited capacity of oil-fired electrical plants, power companies are relying more on coal and liquefied natural gas (LNG).
18 Jun 2013
Singapore Low Sulfur Bunker Prices Down Week-on-Week
However prices for both HSFO 380 cSt product and MGO made gains on last Monday's price.
17 Jun 2013