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Astomos, Kuwait Petroleum to Study LPG Bunkering

Japan’s Astomos Energy Corporation and oil company Kuwait Petroleum Corporation (KPC) have agreed to further study the use of liquefied petroleum gas (LPG) as ship bunker fuel. The parties reached a Memorandum of...

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Asian Regrade Jumps on Gasoil Weakness

Asia’s front-month regrade (a measure of jet fuel’s relative strength to gasoil) recently eased from last Thursday’s 19-month high of $1.58/ bbl but remains relatively strong at $1.32/bbl. While the...

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Yang Ming Confirms Fleet Replacement Plans

Taiwanese shipping company Yang Ming Marine Transport Corporation (Yang Ming) is considering available options aimed at replacing over 10 vessels from its fleet which are about to be off-hired or retired in the...

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