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Home » News » Americas News - May 2008


Americas News - May 2008

Petrobras unit orders new tankers
28 May 2008 10:17 GMT
New phase of tanker orders is launched with planned tenders for 23 vessels.

US firm develops marine fuel catalysts
28 May 2008 08:16 GMT
Product range aims to reduce maintenance costs and improve engine performance.

Horizon cancels fuel surcharge hike
27 May 2008 10:18 GMT
Ocean shipper in u-turn over fuel surcharge after competitor maintains current rates.

US bill to cut ship emissions is approved
23 May 2008 08:23 GMT
Senate Committee approves measure for ships in US waters to burn cleaner fuel.

Shipping firm maintains fuel surcharge
21 May 2008 10:10 GMT
US ocean shipper decides not to raise surcharge for the first time since January 2007.

US cruise firm increases fuel surcharge
19 May 2008 10:10 GMT
President highlights the impact of bunker prices on the cruise industry.

Majestic raises fuel surcharge
19 May 2008 09:24 GMT
US river cruise line firm ups surcharge for bookings made from 19th May.

Chevron to raise storage capacity in Panama
16 May 2008 10:14 GMT
Oil major announces it will double the storage capacity of its Las Minas facility.

US oil demand 2.4% lower than 2007
15 May 2008 10:12 GMT
API report says US oil demand continues to lag behind 2007 levels.

Singapore firm pays for US bunker spill
14 May 2008 12:35 GMT
Shipping company is fined $27,500 for oil spill in Seattle in 2007.

Petrobras in no rush to buy Aruba refinery
14 May 2008 10:20 GMT
Brazilian firm says no deadline date has been set for purchase of Valero refinery.

Cruise operator ups fuel surcharge
13 May 2008 14:15 GMT
Fuel surcharge is adjusted by cruise company to offset rise in bunker costs.

US shipping firm raises fuel surcharge
13 May 2008 11:08 GMT
Fuel surcharge to be increased on shipments between Hawaii and Guam.

Colombian firm starts supplying 380cst and 180cst
13 May 2008 10:05 GMT
Bunker and lubricants supplier sells 2000mt in first two weeks.

New supplier enters Callao bunker market
12 May 2008 16:36 GMT
Competition in Callao increases as supplier looks to benefit from rise in shipping traffic.

US supplier posts $82 million net loss
12 May 2008 10:06 GMT
Declining margins for bottom-of-the barrel products impact on company's Q1 net income.

WFS posts record marine segment profits
12 May 2008 08:15 GMT
$36.9m profit for marine segment helps company achieve better than expected results.

NYMEX changes margins for petroleum swap contracts
06 May 2008 10:10 GMT
Margins for Singapore fuel oil and European gasoil swap futures contracts are affected.

U.S. supplier reports 10 percent rise in net income
05 May 2008 14:24 GMT
Drop in U.S and international downstream income offset by rise in upstream earnings.

Valero announces 77% drop in net income
01 May 2008 10:24 GMT
High crude prices and tight margins lead to drop in profit for the first quarter of 2008.



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