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Home » News » Asia & Oceania News - November 2012


Asia & Oceania News - November 2012

Relationships and trust key to managing counterparty risk
29 Nov 2012 13:07 GMT
Møller says industry must be wary of developing a 'too scientific' approach, which may stifle deals and progression.

First decline in five weeks for light distillates
29 Nov 2012 12:44 GMT
Light distillates are below 10 million barrels for the first time since November 7.

Fuel oil stocks rise to highest in 21 weeks
29 Nov 2012 11:34 GMT
Stocks of fuel oil rise for the fourth consecutive week in Singapore.

Stolt Tankers orders fuel-efficient ships
28 Nov 2012 16:39 GMT
Owner says new ships were designed to deliver 'substantial improvements' in fuel efficiency.

ICS at climate change conference
27 Nov 2012 12:14 GMT
ICS will report on the progress being made by shipowners to improve fuel efficiency and reduce CO2 emissions.

Trader leaves Singapore bunker firm
27 Nov 2012 10:25 GMT
Staff departure at Singapore-based supply company.

Plan to build refinery in Vietnam
26 Nov 2012 08:26 GMT
New refining plant would have a capacity of 660,000 barrels per day.

Tender to purchase fuel oil cargoes
23 Nov 2012 17:58 GMT
Oil firm is seeking up to 13 cargoes of fuel oil for delivery in early 2013.

Starfuels appoints fuel oil brokers
23 Nov 2012 15:12 GMT
Eight fuel oil derivative brokers are hired for new Singapore operation.

Brightoil announces bunker appointments
23 Nov 2012 12:38 GMT
Managerial appointments made at Brightoil Petroleum. Crude oil team 'at full strength'.

Fuel oil inventories at highest level since July 4
22 Nov 2012 12:55 GMT
Stocks of fuel oil rise for the third consecutive week in Singapore.

Jazan Refinery contracts signed
22 Nov 2012 07:21 GMT
Ceremony held to sign the engineering, construction and procurement contracts of the Jazan Refinery and Terminal.

HK regulations 'badly required' to control ship emissions
20 Nov 2012 13:57 GMT
Hong Kong government is urged to act quickly to improve air quality.

SLNG awards terminal expansion contract
19 Nov 2012 15:29 GMT
Expansion plans include the installation of additional facilities to increase annual capacity to 9 million tonnes.

Fuel-efficienct ship to be built in Japan
19 Nov 2012 13:22 GMT
Supramax vessel is expected to provide an improved fuel efficiency of around 10 percent.

Middle distillate stocks dip in Singapore
15 Nov 2012 13:22 GMT
Despite the decrease, inventories of middle distillates are at their second-highest since March.

Second-highest fuel oil stocks since Aug 7
15 Nov 2012 12:04 GMT
Inventories of fuel oil rise for the second consecutive week in Singapore.

Survey of shore-based operators in Singapore
14 Nov 2012 13:41 GMT
Annual survey to be conducted by ML Research Consultants Pte. Ltd.

Singapore: Lowest 3-monthly sales since Feb-Apr 2011
14 Nov 2012 07:05 GMT
Bunker sales rise in Singapore, but 3-monthly sales between August and October are the lowest since February to April 2011.

Lower fuel consumption with modified system
13 Nov 2012 06:40 GMT
New modified system will use patent pending technology to reduce fuel consumption and emissions.

Port of Singapore announces bunker amendments
12 Nov 2012 18:24 GMT
The Singapore Standard Code of Practice for Bunkering and the Singapore Standard Specification for Quality Management for Bunker Supply Chain are amended.

COSCON announces bunker adjustment
09 Nov 2012 13:03 GMT
Emergency bunker adjustment will be effective from November 15.

Middle distillates: Largest percentage rise in 18 months
08 Nov 2012 13:35 GMT
In unit terms, middle distillate stocks rise the most since July 2011.

Fuel oil stocks rise in Singapore
08 Nov 2012 12:41 GMT
Inventories of fuel oil rebound from last week's decline in Singapore.

'Large orders' for emissions monitoring system
07 Nov 2012 08:03 GMT
Manufacturer says over 100 of its systems have already been installed, clocking up millions of operating hours.

Bunker Award up for grabs in Singapore
06 Nov 2012 11:11 GMT
The 2013 edition of the Singapore International Maritime Awards (IMA) is now open for nominations.



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