India, East Asia and Pacific News Wire

Promises made during state visit.

Chinese export boom is surviving higher fuel prices, say market players.

Bunker hub sees 380 cst product down by $20.

Supplies of MGO have resumed in the Gulf of Kutch, local supplier says.

Stocks of middle distillates also fell to the lowest levels in 3 weeks.

Prices slide, but not a steeply as mid-week falls.

High catfines found in sample from Shanghai area.

Operations back to normal as storm passes.

Singapore 380 cst down again, although fuel oil markets expected to remain tight as Europe cargoes head to Middle East.

Tropical storm brings deliveries to a halt.

Japan Coast Guard curtailing vessels' operations to save fuel.

Reports say Morgan Stanley is pulling back from volatile market.

Bunker prices slide as crude oil futures drop, but supply worries remain.

Titan has also agreed to sell a VLCC to the Middle East.

'Adam's Bridge' cannot be seen as 'a national monument', argues a government counsel.

Oil refiner seeking government permission to gain control of 12 tanks belonging to LMS.

Tropical storm moving away from the territory.

Alarm raised following two contamination cases in country where fuel quality has previously not been a concern.

Market has recovered losses of the past two weeks.

International tank terminal operators and crude oil traders 'ready to sign' initial contract.

Deliveries could be suspended for two days.

Nearly 2,000 litres of bunker oil spilled in South Korean waters.

Product shortages at ports located in the Gulf of Kutch.

Sri Lanka's largest bunker supplier must become state-owned again, union says.

Sri Lankan operators facing high bunker fuel costs.

Regional shortage of residual product could see refineries switching to heavy, sour crude.

'Supply situation to get tough', say Asian fuel oil traders.

Traders cite tight supply as high prices depress demand.

First local firm to supply the market.

Supply tightening as biggest fuel oil producer SK Energy starts new RFCC unit.

Singapore players say demand is 'below average'.

Inventories of residual fuels at six week low.

Says bunkers now represent 79% of voyage costs.

Malaysian firm buys stake in another to establish bunkering venture.

Port authority calls for proposals to develop BunkerNet system.

Squeezed by low cargo influx and reduced sales from suppliers amidst ongoing probe.

Prices retreat as crude oil falls.

Fuel oil export figures suggest marine fuel sales are up.

Drill would 'consume large amounts of fuel'.

Sri Lankan supplier seeking customs approval to operate tanks as bonded storage.

But revenue jumps 65% on 'relatively robust' demand for refined products.

Strong cargo volumes and 'good control of operating costs' behind solid performance.

Singapore and Hong Kong markets up for second day running.

The government will provide close to $700 million for the fishing industry.

Japan's two largest shipping lines report strong quarterly results, despite the rise in bunker prices.

Analysts say fuel oil market being squeezed by growing demand and threats to supply.

Bunker prices in Hong Kong and Busan also climbing.

Operation of second slipway increases production efficiently at the Chinese yard.

Net profit up on higher freight rates and vessel utilisation.

Removal of bunkers and pesticide from sunken ferry may be delayed for up to five weeks.

Shipowner Association warns against seeing ocean-shipping costs in isolation following claims of overcharging.

Singapore-based traders predict 'tight' Asian fuel oil market.

SK Energy says cracking margins have been at an historic high.

Bunker prices in Singapore rose on Friday, after falling $51.50 in two days.

But warns of higher risk if bunkering business no longer a key contributor to cashflow.

Firm is JV between Sri Lankan carrier and Greek shipping company.

Company official confirms that it is 'exploring opportunities' in Chinese bunker market.

Singapore, Hong Kong and Busan, sees double digit falls in bunker prices.

Fuel oil stocks down on lower Western arbitrage arrivals.

Consultancy says 14 million mt of regional production will be lost in the next two years.

The price of 380 cst product at three-week low.

Two global oil trading firms will take up its floating storage unit in Malaysian waters.

Company could 'ride the oil and gas boom and to expand its earnings base'.

High prices blamed for collapse in demand.

Demand reported to be average.

Supreme Court orders holding company to return a block of port land to the government.

The 380-cst cargo likely to be sold at a firm price due to a tight East Asian market.

Bunker suppliers 'scale down deliveries' as probe into alleged malpractices continues.

Bunker prices in Hong Kong also fall for the fourth consecutive day.

Bunker prices are expected to decline to 'levels closer to Singapore', trader says.

Government accepts IMO's offer of assistance following Princess of the Stars tragedy.

Surfers have complained of fuel fumes from stranded vessel, captain and crew reported missing.

Demand up as buyers take advantage of drop in prices.

Port Kembla is next closest port that supplies the product.

Gold Star Line to withdraw trans-Tasman service next week.

Tanker owners association highlights risks of taking bunkers outside port limits.

But softening prices fail to stimulate demand.

Stocks dip on increasing demand and lower Western arbitrage arrivals.

Senior executive says shippers and liners should agree to share the risk of volatile bunker prices.

Traders say arbitrage arrivals 'may not be enough'.

Bunker prices soften in Singapore and other key Asian ports.

Seventh liner to fix surcharge on July 18.

Western fuel cargoes dip as demand stays weak and freight rates climb.

Another day of record bunker prices in Singapore, Hong Kong and Tokyo Bay.

Unprecedented nationwide protest as cost of fuel triples since 2004.

Philippine Coast Guard concerned about the bunker fuel still trapped in sunken ferry.

Hong Kong report looks for ways of minimising environmental damage.

Bunker prices in Hong Kong, Busan and Tokyo Bay touch new highs.

Sales volume in June fall as record prices deter vessels from making 'bunkers-only calls'.

Surcharge could be considered 'illegal', claim shippers.