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Home » News » Asia & Oceania News - February 2009

Asia & Oceania News - February 2009

Japanese firm to cut refinery runs in March
25 Feb 2009 09:52 GMT
Decrease in fuel oil output expected as refiner predicts 22 percent drop in production.

Two 380-cst cargoes sold via tender
24 Feb 2009 08:09 GMT
Lower discounts for 30,000-tonne parcels due to recent decrease in fuel oil supplies.

Ships detained over illegal fuel transfer
23 Feb 2009 08:02 GMT
Singapore-owned vessels are seized after being spotted carrying out 'suspicious' activities.

Exxon to shut Singapore visbreaking units - sources
20 Feb 2009 09:54 GMT
Shutdown may lead to more residual fuels being made available for the local bunker market.

Singapore fuel oil futures dates revealed
19 Feb 2009 10:15 GMT
Futures and options dates up until the end of April 2009 are announced.

Singapore: January sales rise by 10.4 percent
19 Feb 2009 08:55 GMT
180-cst volumes drop by 24.2 percent year-on-year as sales fall below those recorded during the whole of 2008.

Indian firm offers two 380-cst cargoes
18 Feb 2009 09:11 GMT
30,000-tonne fuel oil parcels are scheduled for loading in March.

Chemoil appoints Credit Manager in Singapore
17 Feb 2009 09:13 GMT
Appointment aims to strengthen the company’s financial and risk management strategy.

Shell mulls sale of New Zealand businesses
17 Feb 2009 08:04 GMT
Divestment of some or all of its downstream businesses are under consideration.

Russian supplier named in Top 100 company list
16 Feb 2009 09:13 GMT
21 percent sales growth earns bunker firm a high ranking in sales volume category.

Scandinavian Bunkering files lawsuit against MISC
13 Feb 2009 16:57 GMT
Lawsuit filed against Malaysian shipping line for alleged breach of contract.

MPA introduces new port dues concessions
13 Feb 2009 08:02 GMT
New measures include 20 percent concession for bunker suppliers operating in Singapore.

380-cst cargo sold for March loading
12 Feb 2009 09:41 GMT
Low deal discount reported on increasing demand for fuel oil from the United States.

Vitol sells stake in Fujairah storage facility
12 Feb 2009 08:03 GMT
President says sale will allow the company to focus on the development of UAE refinery.

South Korea: Less shutdowns expected in 2009
10 Feb 2009 11:09 GMT
Improved availability prospects for bunker market if less capacity is shut down for maintenance.

Asian refiner offers 380-cst cargo
09 Feb 2009 08:09 GMT
80,000-tonne fuel oil parcel is scheduled for loading in March.

GAC meeting signals confidence despite global gloom
06 Feb 2009 16:13 GMT
Operating income expected to grow by 13 percent in 2009.

Jebel Ali terminal to open in February
06 Feb 2009 09:48 GMT
55 percent capacity increase bodes well for bunker sales volumes at UAE port.

Fujairah expansion on hold -sources
06 Feb 2009 08:02 GMT
Terminal project postponement set to affect bunker volume growth in Fujairah.

Maersk to raise bunker surcharges
05 Feb 2009 15:47 GMT
Revised rates for trades between the Middle East, Indian Subcontinent, Red Sea and Europe.

MF Global expands fuel oil broking team
03 Feb 2009 07:46 GMT
Seven fuel oil brokers join OTC energy brokerage in Singapore.

Vopak committed to growth in Fujairah
02 Feb 2009 10:24 GMT
Terminal operator dedicated to continue the growth of Fujairah as a strategic hub.

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