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Home » News » Asia & Oceania News - August 2008


Asia & Oceania News - August 2008

Fuel costs hit CSCL first-half profit
29 Aug 2008 09:42 GMT
Profit plunges 44% on surging costs and a fall in demand.

OW to launch operations in Australia
29 Aug 2008 08:03 GMT
Trading office to be opened in Melbourne in September.

Titan records half-year loss
28 Aug 2008 11:20 GMT
Restructuring plan aims to focus resources on storage and shipyard businesses.

TSA announces record bunker surcharge
27 Aug 2008 10:02 GMT
New floating bunker surcharge to come into effect from September 1st.

MRPL sells 80,000mt fuel oil cargo
26 Aug 2008 10:42 GMT
380-cst parcel is sold by Indian refiner at a premium for the first time.

Indian firm offers 380-cst parcel
26 Aug 2008 09:25 GMT
30,000-tonne fuel oil cargo is scheduled for loading in September.

Chemoil acquires terminal in the Philippines
26 Aug 2008 07:37 GMT
CEO: Terminal will help Chemoil extend its presence in key regional markets.

Hyundai launches new BAF finder
20 Aug 2008 09:56 GMT
BAF calculator is based on shipping firm's new BAF formula.

T.S. Lines drops bunker levy
20 Aug 2008 08:01 GMT
Container carrier decides not to impose Emergency Bunker Surcharge.

New trader at International Bunkering Middle East
19 Aug 2008 11:41 GMT
Ex-ABN Amro Executive joins trading team in Dubai.

LMS granted extension to vacate land
19 Aug 2008 10:06 GMT
Supreme Court gives bunker supplier until September to vacate premises.

Singapore refinery cuts crude runs
18 Aug 2008 08:04 GMT
Reduction in processing rates set to have knock-on effect on local bunker market.

Singapore bunker sales rise above 3m tonnes
14 Aug 2008 10:25 GMT
Accumulated bunker sales for 2008 surpass the 20m-tonne mark.

Petrobras eyes Sri Lanka market
13 Aug 2008 10:08 GMT
Brazilian firm's interest follows Ceypetco fuel oil contract deal.

OOCL raises BAF by 13.5 percent
12 Aug 2008 10:31 GMT
China to Europe and the Meditteranean BAF to come into effect in September.

Fujairah supplier secures 380-cst cargo
11 Aug 2008 10:41 GMT
UAE firm buys 60,000-tonne fuel oil parcel for end-August delivery.

Wärtsilä-Hyundai wins dual-fuel engine order
11 Aug 2008 09:10 GMT
Ships to be fitted with duel-fuel engines that run on natural gas, MDO or heavy fuel oil.

FEFC announces its final BAF
07 Aug 2008 11:10 GMT
Next month's BAF will be the last before FEFC ceases operations in October.

Indian firm coats ship in bid to reduce bunker costs
07 Aug 2008 09:58 GMT
Shipping company aims to lower fuel consumption with latest coating technology.

Singapore MGO drops to lowest price since April
06 Aug 2008 15:10 GMT
Marine gas oil price has plummeted by 23 percent since hitting record last month.

Titan and K Line sign agreement
06 Aug 2008 10:18 GMT
Oil logistics firm to receive US$25m to develop its ship repair facilities in China.

NIOC says fuel oil exports will not be halted
05 Aug 2008 15:31 GMT
Managing Director quashes claims that Iran will stop exporting fuel oil.

2,000-litre bunker spill in Yellow Sea
05 Aug 2008 10:07 GMT
Clean-up work in progress after bunker tanker leaks fuel oil following collision.

Japanese firm to cut fuel oil output
05 Aug 2008 09:27 GMT
Decrease in fuel oil production could impact on Japanese supplier's marine fuel business.

August output to fall in South Korea
04 Aug 2008 08:03 GMT
90,000 bpd drop in crude runs predicted on refinery maintenance in Yeosu.

Iran stops fuel oil exports
01 Aug 2008 10:04 GMT
Decision looks set to have repercussions on bunker supplies in Fujairah.



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