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Argus Media: Singapore HSFO bunker premiums ease with higher inflows

Surge in inflows to Singapore could have partially been because of a spike in delivered bunker premiums here owing to contamination issues previously, says a bunker trader.

May 27 2022

Malaysia: Straits Energy Resources Berhad Q1 2022 revenue up 117%

Firm experienced revenue increase in Q1 2022 due to expansion of its oil trading and bunkering services segment to Port Klang, says filing in Bursa Malaysia.

May 27 2022

Integr8 Fuels: Bunker market shifts focus to supply concerns – Will this last?

‘At the moment tightness in products is still the main price support and watching refining margins may well be a good place to focus in the next few weeks,’ shares Steve Christy.

May 27 2022

Singapore: Star Cruise Travel Service Pte Ltd to be wound up voluntarily

Alvarez & Marsal (SE Asia) Pte. Ltd. was appointed as joint and several liquidators of the company for the purpose of winding up the affairs and distributing the assets of the company.

May 27 2022

Singapore: High Court to hear An Rong Shipping winding up application on 4 July

Application for winding up of the Xihe Capital Pte Ltd subsidiary was filed by the company on 9 May, according to a notice on the Government Gazette.

May 27 2022

SAMSA: STS fuel transfers remain suspended in Algoa Bay, South Africa after oil spill incident

South African Maritime Safety Authority and several local authorities in Pretoria took several measures to contain an oil spill at sea that occurred on Monday.

May 27 2022

ENGINE: Americas Bunker Fuel Availability Outlook

East Coast distillate inventories slump to record lows; fuel oil flows from US storage surge; limited prompt availability in Latin American ports.

May 27 2022

Shell MGO bunker heist: Syndicate member’s nephew jailed over concealment of safe containing valuables

Cash of SGD 4.43 million and USD 243,100, and one piece of 100-gram gold-coloured bar recovered in safe belonging to Abdul Latif Bin Ibrahim kept at Extra Space warehouse storage facility, show court documents.

May 27 2022

Japan: MOU entered to develop ammonia-fuelled tugboat for Yokohama city

NYK Line, IHI Power Systems Co., Ltd., and Nippon Kaiji Kyokai have signed a MoU with Yokohama city for the acceptance of “A-Tug” at the port of Yokohama.

May 26 2022

Singapore: Creditors’ final meeting scheduled for ROSV Marine Pte. Ltd

Meeting will be held at 238A Thomson Road, Novena Square Tower A, Singapore 307684 on 21 June at 11.00 am, according to the Government Gazette.

May 26 2022

United Shipping and Trading Company welcomes Nina Østergaard Borris as new CEO

Nina, who was the COO of USTC since early 2020, will succeed her father Torben Østergaard-Nielsen who will take over as Chairman of the Board of Directors for USTC.

May 26 2022

Glencore enters guilty pleas to foreign bribery and market manipulation schemes

Glencore International A.G. (Glencore) and Glencore Ltd. agreed to pay over USD 1.1 billion to resolve the government’s investigations into violations, says U.S. Department of Justice.

May 26 2022

Spain: Enagás and Repsol completes first LNG pipe-to-ship bunkering

Operation was carried out on “Containerships Borealis” of shipping company Containerships, which is part of the CMA CGM group, in Cartagena, says Enagás.

May 26 2022

BIMCO: ETSA and IOCD Clauses and updated GENCON adopted

BIMCO subcommittee in charge of the CII Compliance Clause for Time Charter Parties was asked to revisit certain aspects of the draft over the coming weeks, says BIMCO.

May 26 2022

The Lab’s fuel testing services secure UKAS accreditation

UKAS accreditation covers chemical and physical tests for petroleum and petroleum products (fuel oil), states Brookes Bell.

May 26 2022

Argus Media: Singapore’s VLSFO bunker price range widens

Prices of VLSFO bunkers in Singapore on the spot market have been in a wide range of up to $30/t due to tightness in cargo market, depending on delivery dates.

May 25 2022

China: Zhoushan faces bonded bunker fuel supply crunch

More than half of the local suppliers reported that the latest delivery date is estimated to be 26 May while bunker fuel quotes at Zhoushan in May are very high.

May 25 2022

China: “Jinhui 17” joins Zhoushan bonded bunkering fleet

Currently, Zhoushan city has 17 registered bonded bunker fuel supply enterprises and 72 ships that are approved to engage in bunkering bonded marine fuel.

May 25 2022

EPS delivers ethane-powered VLCC “STL Yangtze” to Zhejiang Satellite Petrochemical

98,000 cubic meter “STL Yangtze” is the first of six Very Large Ethane Carriers (VLEC) to join EPS’ growing gas fleet; it will be on a 15-year charter to Zhejiang Satellite Petrochemical.

May 25 2022

NYK and Nippon Yuka Kogyo develop new additive ‘Yunic 800Eco’

Companies observed decreased fuel consumption of up to 1.2% compared to when the additive was not used while carbon monoxide (CO) emissions were also reduced.

May 25 2022

Rio Tinto and bp sign one-year trial of marine biofuels

B30 biofuel blend will be trialled on “RTM Tasman” on a mix of Transatlantic and Atlantic-Pacific routes, in one of the longest-duration marine biofuel trials to date.

May 25 2022

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