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Malaysia: Straits Energy Resources profit up 24% on rise in oil cargo activity

Oil Bunkering and Shipping Related Services segment generate 166% rise in revenue to RM 906.3 million due to increased cargo trading operations.

Dec 01 2022

Malaysia: Fast Energy cuts Q3 net loss by 58% on year over bunkering gains

Plans to increase current 35% stake in CCK Petroleum to 70%; proposed acquisition was approved by shareholders at the EGM held on 30 August 2022.

Dec 01 2022

Singapore: Liquidator issues dividends for Xihe Capital, Nan Shan Maritime

Dividends payable from 30 November 2022; creditors to collect claim from liquidator’s office situated at 204B Telok Ayer Street Singapore 068640.

Dec 01 2022

Singapore: Final creditors meeting scheduled for IEG subsidiary TXZ Tankers

TXZ Tankers has been experiencing challenging situations in view of the reduction of shipping charters, said International Energy Group in early 2021.

Dec 01 2022

Marine Fuels Alliance partners with Maritime AI™ solutions provider Windward

Windward will work with MFA to provide clarity and guidance on how to better manage risk and optimise due diligence processes for any bunker transaction.

Dec 01 2022

Terntank in 2+2 order for wind/methanol ready next generation hybrid tankers

Newbuildings construct at China Merchants Jinling Shipyard, Yangzhou are designed by Kongsberg and will be scheduled for delivery in spring 2025.

Dec 01 2022

Singapore: Former Captain of “Eng Hup Vigil” sentenced to jail over MGO theft

Hanny Cornelesz piloted the Singapore-registered tugboat to Batam, Indonesia in 2016 where he eventually fled to Jakarta; his accomplices are still at large.

Nov 30 2022

China: CSSC starts project for methanol, ammonia, and hydrogen fuelled engines

Chief Engineer of the Ministry of Industry and Information Technology sets direction to modernise China’s shipbuilding sector in first committee meeting.

Nov 30 2022

A.P. Moller – Maersk and Carbon Sink in partnership to accelerate green methanol production

Parties have signed a Letter of Intent covering the development by Carbon Sink of green methanol bunker fuel production facilities in the United States.

Nov 30 2022

Damen, Caterpillar, Pon Power in MoU for development of DF methanol powered tugs

Shipyard is aiming to have methanol powered vessels to be series production-ready in 2026 through an MoU with the engine manufacturer and engineering firm.

Nov 30 2022

Argus Media: Cop 27: Green corridors target delayed by one year

Key maritime stakeholders have delayed by one year a target of at least six zero-emission maritime routes by 2025 that was agreed at the UN Cop 26 climate summit in 2021.

Nov 30 2022

Report: Maritime Green Corridors taking off – but essential stakeholders must not be left behind

As Green Shipping Corridors progress, some key industry stakeholders, especially cargo owners and bunker fuel producers, will need to be engaged as soon as possible.

Nov 30 2022

Japan: “K” Line, ITOCHU and partners receive ClassNK AiP for ammonia-fuelled bulk carrier

“K” Line, with ITOCHU Corp, Nihon Shipyard, Mitsui E&S Machinery, and NS United Kaiun Kaisha have obtained an AiP for 200,000 dwt ammonia-fuelled ship.

Nov 29 2022

NYK, MTI and Elomatic complete concept designs for ammonia-fuel ready, LNG-fuelled vessels

Among challenges in designing and developing ARLFVs, firms found a larger fuel tank capacity is needed for ammonia to maintain same level of endurance as LNG.

Nov 29 2022

Gasum celebrates 500 STS LNG bunkering operations with bunker vessel “Coralius”

‘With this track record the “Coralius” crew have developed an unmatched efficiency in performing bunker operations,’ says Gasum, adding it performed compatibility studies for these operations.

Nov 29 2022

Wärtsilä explores onboard hydrogen production from LNG with Hycamite

Technology can in principle be applied for all vessels operating with LNG bunker fuel; when using bioLNG solution enables negative carbon footprint.

Nov 29 2022

TMC to deliver boil-off gas compressors to containership conversion

Singapore-based C-LNG Solutions provides FGSS system to Matson Navigation-owned containership under conversion at a Chinese yard to use LNG as a bunker fuel.

Nov 29 2022

China: Petrochina conducts first ‘SIMOPS’ LNG bunkering operation at Shenzhen

LNG bunker fuel was provided to a CMA CGM LNG-powered container ship at Pier 16 of the Yantian International Port Area on 22 November.

Nov 28 2022

Singapore: Sing Fuels gains recognition for 5th consecutive year at E50 Award

‘Winning the Enterprise 50 award for the 5th year in a row has been such an incredible achievement for our team here at Sing Fuels,’ says CEO.

Nov 28 2022

Malaysia: MMEA detains fishing vessel with 700 litres of diesel in hidden, modified tank

Six men, aged 30 and 61 years old were arrested and brought to Kuala Kedah Maritime Jetty for further investigation; a hidden space on deck with the diesel was found.

Nov 28 2022

Minerva Bunkering completes bunkering operation of cruise ship “MSC Splendida”

Operations in Saudi Arabia bring customers the future of bunkering industry today, with all deliveries benefiting from digital efficiency of Advanced Delivery Platform, says the firm.

Nov 28 2022

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