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Home » News » Asia & Oceania News - November 2010


Asia & Oceania News - November 2010

Singapore launches fuel cell research initiative
29 Nov 2010 11:52 GMT
Project to focus on research, development and commercialization of fuel cell applications for the maritime industry.

Andatee CEO buys shares
29 Nov 2010 06:36 GMT
Purchase forms part of plan to buy back shares of the company's common stock.

Refined capacity up 45% for oil firm
26 Nov 2010 08:40 GMT
Storage capacity for refined oil products is reported to have risen by 45% in only five years.

PetroChina to acquire remaining stake in fuel oil unit
26 Nov 2010 06:21 GMT
Stake purchase is expected to be completed by June 2011.

Shell launches bunker barge in Sydney
25 Nov 2010 18:32 GMT
Double-hulled barge to carry out fuel deliveries in Port Botany and Sydney Harbour.

Petrobras appoints new Singapore manager
25 Nov 2010 14:13 GMT
Trader replaces previous bunker manager André Maximo in Singapore.

World Fuel Services opens office in India
25 Nov 2010 10:48 GMT
Leading fuels specialist launches bunker trading operation in Mumbai.

Abu Dhabi pipeline to Fujairah completed
25 Nov 2010 08:01 GMT
Pipeline allowing Abu Dhabi crude to bypass the Strait of Hormuz [pictured] has been completed.

Vopak Horizon Fujairah wins award
24 Nov 2010 18:47 GMT
Award recognizes firm for contributing to the economic development of the UAE.

Bahrain bunker spill could be 'catastrophic'
24 Nov 2010 08:03 GMT
Official warns that a 150-tonne bunker spill could take up to 50 years to repair.

Vopak concludes S$225m notes issuance
23 Nov 2010 18:34 GMT
Terminal operator secures second private placement notes isssuance in Asia.

Ship to transport fuel from Europe to China
23 Nov 2010 11:50 GMT
VLCC chartered to transport 275,000-tonne cargo in the first week of December.

Chemoil appoints credit analyst
23 Nov 2010 06:52 GMT
Newly-appointed analyst joins Chemoil's office in Singapore.

BP ordered to return items to former traders
22 Nov 2010 09:26 GMT
Court ruling orders oil major to return seized items to former members of its fuel oil and marine fuels trading teams.

Kochi LNG terminal to double capacity
22 Nov 2010 06:52 GMT
Petronet LNG to press ahead with plans to increase the capacity of its proposed LNG terminal.

Singapore releases wholesale trade data for bunkering
22 Nov 2010 06:09 GMT

Kochi terminal: Shortlisted companies under review
19 Nov 2010 17:05 GMT
Companies to submit business proposals to build Kochi bunker terminal.

Lanka Marine supplies ship at Hambantota
18 Nov 2010 16:12 GMT
Sri Lankan bunker supplier delivers fuel to cargo ship during the launch of Hambantota port.

New appointment at Dan-Bunkering Shanghai
18 Nov 2010 15:21 GMT
Kuan Hua Koh joins Dan-Bunkering's Shanghai team to work as a marketing executive.

Contract to build first LNG-fuelled fast Ro-Ro ship
18 Nov 2010 07:07 GMT
High speed passenger vessel to be the first of its kind to be powered by liquefied natural gas.

World's largest biodiesel plant opens in Singapore
18 Nov 2010 06:37 GMT
Neste Oil starts up its new renewable diesel plant in Singapore.

Conference offers discount to Bunker Index users (FREE)
16 Nov 2010 08:39 GMT
Special offer available to Bunker Index users for upcoming fuel management event.

Record 380-cst sales for Singapore in October
16 Nov 2010 05:53 GMT
Asian port records second-highest ever sales figures as 380-cst volumes hit another new record.

Shell to supply in Jebel Ali
15 Nov 2010 14:22 GMT
Oil major is reportedly aiming to launch a fuel supply operation in Jebel Ali next year.

Plan to build LPG terminal at Hambantota
15 Nov 2010 08:42 GMT
LPG supplier intends to construct an all-weather storage and discharge terminal at new Sri Lankan port.

Andatee Q3 net income jumps 74 percent
12 Nov 2010 19:25 GMT
'Solid' third quarter results spearheaded by 82 percent rise in sales volumes.

Exxon, SK Energy in 3-year bunker deal
12 Nov 2010 06:20 GMT
Agreement to supply marine fuel to ships calling at Singapore and South Korean ports.

Bunker siphoning almost complete
11 Nov 2010 13:24 GMT
Remaining fuel oil aboard abandoned ship is due to be siphoned by the end of this week.

Chemoil posts US$2.6 million Q3 net profit
11 Nov 2010 10:52 GMT
CEO says company is starting to capture some of the benefits of recovering demand.

'Off-spec' debunkering in Singapore
10 Nov 2010 09:06 GMT
Taiwanese firm arranges debunkering for one of its containerships in Singapore.

Maiden voyage for fuel-saving ship
10 Nov 2010 06:52 GMT
Latest NYK Line vessel, NYK Altair, is said to consume less fuel than ships with conventional engines.

Andatee to hold conference call
09 Nov 2010 17:05 GMT
Chinese supplier to discuss third quarter 2010 results in conference call later this week.

Ship paint cuts fuel consumption by 4 percent
09 Nov 2010 16:50 GMT
Sea trials are said to have shown that new paint improves fuel efficiency and reduces CO2 emissions.

International Bunkering appoints three traders
09 Nov 2010 09:05 GMT
Newly-appointed traders join the company's trading team in Dubai.

Paradip forecasts 175% rise in capacity
08 Nov 2010 09:01 GMT
Annual capacity is predicted to skyrocket at leading east coast port.

Bulk carrier cuts fuel consumption
05 Nov 2010 13:42 GMT
'Next generation' vessel is said to save fuel and reduce CO2 emissions by up to 30 percent.

OOCL joins Hong Kong low sulphur initiative
04 Nov 2010 06:22 GMT
OOCL vessels will switch to low sulphur fuel while at berth in Hong Kong.

RWE to launch fuel oil desk in Singapore - sources
03 Nov 2010 08:23 GMT
German utility expected to set up a trading desk in early 2011.

Fujairah 380-cst average rises $29 in October
02 Nov 2010 10:24 GMT
6.5 percent increase in the average price of 380-centistoke in Fujairah.

Trader in Rotterdam to Singapore arb play
02 Nov 2010 06:54 GMT
Trading firm scheduled to ship 270,000-tonne fuel oil cargo to Singapore later this week.

Singapore extends ISO 8217:2005 until July 2012
01 Nov 2010 10:09 GMT
Extension aims to provide the industry with enough time to be ISO 8217:2005 compliant.

Singapore 380-cst average up $26 in October
01 Nov 2010 06:09 GMT
Average price of 380-centistoke rises by 6.0 percent at the world's leading bunker port.



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