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Home » News » Asia & Oceania News - February 2010


Asia & Oceania News - February 2010

Air blower project to cut CO2 emissions
26 Feb 2010 08:55 GMT
Experiments begin on air lubrication system to reduce CO2 emissions during marine transportation.

Trading platform to price fuel in Wocu
25 Feb 2010 13:34 GMT
Marine fuels trading platform to price bunker fuel in Wocu, alongside USD, from Q2 2010.

Chemoil: 75.6% drop in net profit in 2009
25 Feb 2010 12:52 GMT
Net profit decreases to $11.5 million as sales revenue falls by 33.6 percent in 2009.

Agreement to develop dual-fuel engine
25 Feb 2010 09:23 GMT
New gas-injection, dual-fuel, low speed engine burns any ratio of fuel oil and gas.

Oil firm imports 780,000 mt of HSFO
22 Feb 2010 09:31 GMT
10 cargoes of 65,000 tonnes to be delivered between March and April.

Iran aims for up to 25% of Persian Gulf market
22 Feb 2010 07:28 GMT
Director says Iran's market share in the Persian Gulf looks set to reach 20-25 % by the end of the year.

PSO rejects FAL fuel oil cargo - source
19 Feb 2010 10:58 GMT
Ship carrying LSFO is reported to have been returned for exceeding contracted sulphur levels.

SGX 380-cst contract gets green light in the US
18 Feb 2010 10:41 GMT
Market participants in the US are given the go-ahead to trade the SGX Fuel Oil 380-cst futures contract.

Shell launches lubricants facility in Jebel Ali
12 Feb 2010 08:14 GMT
New Jebel Ali Free Zone storage facility will be used to store product for the marine market.

New terminal development in Fujairah
11 Feb 2010 12:13 GMT
Swiss-based commodity firm announces the start of civil works on an oil storage terminal in Fujairah.

Trading platform to launch in March
10 Feb 2010 10:52 GMT
Marine fuels trading platform aims to create a forward bunker market and help develop a derivatives market.

FAL to shortly receive two new ships
05 Feb 2010 09:44 GMT
Sharjah-based firm increases its capacity with two more vessels from Asia.

New address for Praxis in Singapore
05 Feb 2010 08:02 GMT
Praxis Energy Agents (Pte.) Ltd relocates to new office address in the island city-state.

New Branch Manager for OW Bunker HK
04 Feb 2010 10:17 GMT
Hong Kong manager will also take on the role of Sales and Marketing Coordinator for Asia.

New Regional Manager for GAC Sharjah
03 Feb 2010 11:16 GMT
GAC appoints new Regional Manager for the Middle East & Indian Subcontinent.

Shipbuilder to develop LNG and fuel cell technology
03 Feb 2010 10:44 GMT
South Korean firm unveils its plan to build only eco-friendly ships from 2015.

BP remains top supplier in Singapore
02 Feb 2010 11:38 GMT
Top 20 bunker suppliers at the world's leading port are revealed.

Impact warning: Concession fee on bunkering
02 Feb 2010 08:04 GMT
Shippers warn of the potential economic impact of a new concession fee on bunkering.

New office for Bunkers International
01 Feb 2010 11:03 GMT
Singapore-based Bunkers International (S) Pte Ltd. relocates to new office premises.



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