Asia News

The Port of Tanjung Pelepas (PTP) has been selected to join the Partnerships for Infrastructure (P4I) initiative – the Malaysia/Australia government-to-government decarbonisation scheme that will look to support the port’s ambition to become ‘a green bunkering hub for alternative fuels’.

High sulphur fuel oil (HSFO), very low sulphur fuel oil (VLSFO) and low sulphur marine gasoil (LSMGO) prices decreased week-on-week at the Port of Singapore, according to Bunkerspot Price Index (BPi) data.

The Maritime and Port Authority of Singapore (MPA) has this week signed three memorandums of understanding (MoU) with regional maritime administrations and partners in China to advance collaboration on digitalisation, decarbonisation, talent development, and information exchange.

Value Maritime has announced it has completed the first in a series of nine installations of its Filtree systems for product and chemical tanker company Ardmore Shipping Corporation.

The Pakistan-based company National Refinery Ltd (NRL) has announced that it is producing very low sulphur fuel oil (VLSFO) following a ‘necessary change in its crude mix and adjustments in the production process’.

Singapore has retained its ranking as the world’s top maritime centre in the Xinhua- Baltic International Shipping Centre Development (ISCD) Index for the tenth consecutive year.

The International Chamber of Shipping (ICS) has opened a new Representative Office in Shanghai located in the North Bund area of the city’s Hongkou District.

Korea Register (KR) has issued a notice for amendments to its Technical Rules on preventing pollution from ships which add requirements about the arrangement of wind assisted propulsion systems, and also update the requirements for onboard carbon capture and storage systems.

High sulphur fuel oil (HSFO) and low sulphur marine gasoil (LSMGO) prices decreased week-on-week at the Port of Singapore, according to Bunkerspot Price Index (BPi) data.

China's oil refinery throughput in August rose to a record 64.69 million metric tonnes in response to firmer demand and export margins.