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Asia News - December 2009

Refiner sells Jan. 380-cst cargoes 29 Dec 2009 14:52 GMT

Fuel oil lots are reportedly sold to UAE firm and oil major at a discount to Singapore spot quotes. In Full

Chinese bunker supplier files for IPO 29 Dec 2009 11:32 GMT

Andatee China Marine Fuel Services files for an initial public offering of its common stock. In Full

Asia-Australia lines to raise bunker surcharge 29 Dec 2009 07:02 GMT

AADA to increase surcharge for shipments from Hong Kong and China to Australia. In Full

Japan: Bunker C sales nosedive in November 28 Dec 2009 06:41 GMT

Volumes of B- and C- type fuel oil plummet 35 percent in November 2009. In Full

Iran forecasts drop in bunker sales revenue 28 Dec 2009 06:08 GMT

Annual revenue expected to fall despite positive bunker sales volumes. In Full

Vopak signs joint venture MOU 24 Dec 2009 12:57 GMT

Terminal operator aims to develop bulk liquid terminal facilities in the Middle East. In Full

Shell NZ signs letter of intent 23 Dec 2009 06:33 GMT

Letter of intent is signed for the sale of Shell New Zealand's downstream assets. In Full

China: Fuel oil imports fall in November 22 Dec 2009 13:52 GMT

Imports decline year-on-year in November. Further falls expected in Q1 2010 due to tax rise. In Full

'CO2-reducing' fuel additive is launched 22 Dec 2009 09:15 GMT

New fuel additive is said to improve both combustion and sludge dispersion in heavy fuel oils. In Full

380-cst cargoes offered for January loading 22 Dec 2009 08:06 GMT

Two fuel oil cargoes are scheduled for lifting next month from east Indian ports. In Full

Dubai firm wins Fujairah refinery contract 18 Dec 2009 13:12 GMT

Nine-month project includes the construction of pipelines at the Port of Fujairah. In Full

China: Slowdown in bunker sales growth predicted 18 Dec 2009 07:32 GMT

Bunker consumption is forecast to increase at a slower rate up until 2013. In Full

China raises fuel oil import tariff 17 Dec 2009 16:54 GMT

Fuel oil imports expected to fall in January and February as buyers rush to bring in cargoes. In Full

Oil firm offers prompt 380-cst cargo 17 Dec 2009 06:44 GMT

30,000-tonne lot is scheduled for loading end-December. In Full

SLPA to supply off Hambantota in Q1 2010 16 Dec 2009 08:28 GMT

Sri Lanka Ports Authority to target small and medium-sized vessels in new bunker supply venture. In Full

Matrix Bharat begins bunker operations in Mumbai 15 Dec 2009 15:34 GMT

Supplier starts offering 380-centistoke to clients at west coast Indian port. In Full

Solar Sailor opens office in Japan 15 Dec 2009 09:13 GMT

Australian firm says it will be seeking partners in Japan to help develop its solar & wind power technologies. In Full

OW Bunker highlights Australia office growth 14 Dec 2009 15:38 GMT

Leading bunker player says its Australia operation has significantly expanded its customer base over the past year. In Full

Singapore 380-cst sales overtake 2008 total 14 Dec 2009 12:42 GMT

Accumulated 380-cst sales for Singapore's best-selling grade surpass last year's total with one month to spare. In Full

Titan in $315m debt restructuring plan 09 Dec 2009 07:49 GMT

Debt-laden Hong Kong-listed group plans to restructure US$315.4m notes. In Full

Singapore 380-cst contract to launch in Q1 2010 07 Dec 2009 09:14 GMT

Announcement follows news that rival is set to launch commodity derivatives exchange next year. In Full

Design concept for LNG ferry completed 03 Dec 2009 11:51 GMT

'Next-generation' vessel will be powered by LNG fuel and achieve zero emissions whilst at berth. In Full

CSCL aims to cut fuel consumption 02 Dec 2009 07:13 GMT

Low fuel consumption said to be the 'key technical reason' for selecting 2-stroke engine for its container vessels. In Full