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News Archive

Rotterdam records lowest Q2 and H1 bunker sales of the 2010s
22 Aug 2017
Europe's biggest port sees Q2 and H1 bunker sales fall to their lowest level so far this decade.

SOV to feature ABB's bunker-saving Onboard DC Grid system
22 Aug 2017
System enables integration of battery power on specialized hybrid wind farm vessel.

Eyeing oil stocks data and Jackson Hole Symposium
22 Aug 2017
By A/S Global Risk Management.

Singapore to roll out system that detects illegal bunkering by Jan 2018
22 Aug 2017
New SAFER project is working to develop new analytics-based technologies to improve maritime operations.

Oil and fuel oil hedging market update
22 Aug 2017
By the Oil Desk at Freight Investor Services.

JAX LNG gets go-ahead for LNG bunker supply operation
22 Aug 2017
US Coast Guard approves Jacksonville LNG facility and ship-to-ship bunkering operations.

Ships play 'key role' in LA achieving 'historic' low emissions
21 Aug 2017
Port highlights shore power, emissions capture technology, speed reduction and Environmental Ship Index.

Owners advised to check bunker tank integrity... especially newbuilds
21 Aug 2017
P&I club highlights incident where fuel leaked from a bunker tank into a cargo hold because the tank access lids had not been closed properly.

This is why Maersk Oil Trading is not part of the Maersk Oil sale to Total
21 Aug 2017
Maersk Oil Trading's transactions are reported as unallocated activities within Transport & Logistics.

Rosneft closes 49% acquisition of Essar Oil
21 Aug 2017
Trafigura and UCP also close their acquisition of a 49.13% share in the firm.

After flirting with $50, Brent went back into the $52-55 range on Friday
21 Aug 2017
By A/S Global Risk Management.

Oil and fuel oil hedging market update
21 Aug 2017
By the Oil Desk at Freight Investor Services.

TOTE's project to build four LNG-fuelled boxships hangs on Honolulu terminal deal
18 Aug 2017
Shipper aims to secure the new deepwater Kapalama Container Terminal in Hawaii.

Woodside pushes on with plan to develop LNG bunkering in Western Australia
18 Aug 2017
Plans to build LNG distribution facilities and increase Pluto LNG production move forward.

Vopak aims to strengthen LNG presence as division posts H1 growth
18 Aug 2017
LNG and Americas divisions both achieve boost in operating profit.

Brent failed to break below $50, indicating that the support level is really strong
18 Aug 2017
By A/S Global Risk Management.

Oil and fuel oil hedging market update
18 Aug 2017
By the Oil Desk at Freight Investor Services.

Malaysia terminal to be expanded to meet 2020 low-sulphur marine fuel demand
18 Aug 2017
Johor facility to add 24 new tanks and one extra berth.

Monjasa Europe appoints General Manager
17 Aug 2017
Mikkel Kannegaard to begin his new role in November.

Viking Line expects 2017 bunker bill to rise as H1 fuel costs jump 23.3%
17 Aug 2017
Ferry operator says higher expected bunker prices in 2017 'should have an adverse effect on consolidated income'.

DFDS expects bunker surcharges to push 2017 revenue up 1%
17 Aug 2017
CEO says group is on track to improve on last year's record result.

Norden to continue fuel efficiency drive after 2017
17 Aug 2017
Cost-cutting initiative said to be 'on track' as company achieves annual savings of $18.1 million.

Oil and fuel oil hedging market update
17 Aug 2017
By the Oil Desk at Freight Investor Services.

Another huge draw in U.S. crude inventories, but high U.S. production and OPEC (non-) compliance weigh on prices
17 Aug 2017
By A/S Global Risk Management.

Wightlink names hybrid car ferry: Queen Victoria 'would have been amused'
17 Aug 2017
Vessel will be powered by batteries as well as low-sulphur marine gas oil.

Grindrod expects H1 loss to be an improvement on last year
16 Aug 2017
Shipping division, which includes bunker firms Cockett and Unicorn, recovered to above cash breakeven.

Containerships targets improved profitability via bunker-saving initiatives
16 Aug 2017
Earnings 'particularly affected' by higher marine fuel costs.

Monjasa hires eight bunker trading employees
16 Aug 2017
Company employs four bunker traders and four bunker trader trainees.

Oil and fuel oil hedging market update
16 Aug 2017
By the Oil Desk at Freight Investor Services.

Maersk Line posts $490m profit swing despite $328m rise in bunker costs
16 Aug 2017
Maersk Line records Q2 after tax net profit of $339m as marine fuel expenses increase 72.6 percent.

U.S. inventory reports and central bank meeting minutes take centre stage
16 Aug 2017
By A/S Global Risk Management.

Cross-industry group in talks to plug bunker tanker loadings 'loophole'
15 Aug 2017
Use of MFMs to measure volumes loaded onto bunker tankers would 'address a missing link in supply chain integrity', says IBIA.

Carnival hails progress made in bunker-related projects as sustainability report is released
15 Aug 2017
126-page report outlines the progress made in 2016 against its 2020 sustainability performance goals.

ABB says new DEGO IV control system has shown bunker-saving potential of 5-7%
15 Aug 2017
Company claims it has delivered on 3% minimum fuel-saving promise for Stena Line vessel.

Dan-Bunkering names head office sales manager
15 Aug 2017
Ex-North America MD takes up sales manager role in Denmark.

Oil prices continued the downward trend yesterday and Brent oil price seems to be heading for $50
15 Aug 2017
By A/S Global Risk Management.

Oil and fuel oil hedging market update
15 Aug 2017
By the Oil Desk at Freight Investor Services.

Biofuel bunker supplier GoodFuels seeks finance manager
14 Aug 2017
Successful applicant is to be based at the company's head office in Amsterdam.

Briese Schiffahrt appoints Korean Register to deliver EU MRV services
14 Aug 2017
Agreement covers assessment of monitoring plans and verification of carbon emission reports.

Montreal completes bunker-saving shore power project
14 Aug 2017
Ships berthing at the new cruise terminal can now be powered by electricity.

Shell ups LNG bunker supply capacity with barge charter
14 Aug 2017
Development follows Thursday's arrival of the LNG bunker vessel Cardissa in Rotterdam.

Supply disruptions, oil rig count and central bank minutes of meeting
14 Aug 2017
By A/S Global Risk Management.

Oil and fuel oil hedging market update
14 Aug 2017
By the Oil Desk at Freight Investor Services.

Aegean opens Taiwan office, starts ex-wharf sales to suppliers in Fujairah
11 Aug 2017
Bunker firm targets growth in Taiwan and UAE with new activities.

LNG bunkers discussed at Port Canaveral briefing
11 Aug 2017
Briefing led by US Federal Maritime Commissioner William Doyle on the use of LNG as a marine fuel.

ExxonMobil offers insight into five-year project to build scaled-down test engine
11 Aug 2017
New 10-year research programme is designed to help the supplier position itself at the cutting edge of marine fuels and lubrication research.

Volatility rules the market
11 Aug 2017
By A/S Global Risk Management.

Oil and fuel oil hedging market update
11 Aug 2017
By the Oil Desk at Freight Investor Services.

Aegean posts profit drop as 'sales margins remain under pressure'
11 Aug 2017
Sales volume rose by 9.3% and 7.5% in Q2 and H1 respectively.

NCL posts 36% Q2 profit growth as bunker costs rise $6.1 million
10 Aug 2017
Q2 and H1 fuel expenses increased by 7.5% and 8.2% respectively.

FOBAS issues off-spec cat fine alert in Fujairah
10 Aug 2017
Cat fine levels of up to 139 mg/kg measured in Fujairah samples.

Quadrise announces cost-cutting initiatives as chairman slashes salary by 50%
10 Aug 2017
Company expects strategy to deliver annualized savings of more than GBP 500,000.

Another whopping draw in U.S. crude oil inventories
10 Aug 2017
By A/S Global Risk Management.

Oil and fuel oil hedging market update
10 Aug 2017
By the Oil Desk at Freight Investor Services.

Malik hires trainee to strengthen sales team
10 Aug 2017
Anders Kjaersgaard Jensen joins bunker firm's office in Aalborg.

NCL asks court to halt OW Bunker arbitration in bid to prevent double fuel payment
09 Aug 2017
Cruise line argues it already paid the physical supplier for bunkers delivered.

Naantali refinery in two-month revamp to slash heavy fuel oil production
09 Aug 2017
Turnaround at the Naantali plant is scheduled to start mid-August.

Brent crude oil remains in tight trading range around $52: where to go from here?
09 Aug 2017
By A/S Global Risk Management.

Praxis and Glander file bunker claims in Singapore
09 Aug 2017
Bunker firms due in court on Thursday.

Oil and fuel oil hedging market update
09 Aug 2017
By the Oil Desk at Freight Investor Services.

Advantis Bunkering awarded health and safety certification
09 Aug 2017
OHSAS 18001:2007 certification granted following an evaluation of the supplier's health and safety standards.

EMSA launches online system for reporting CO2 emissions and bunker consumption
08 Aug 2017
System enables operators using EU ports to report their CO2 emissions under the EU's MRV regulation.

NYC's new fuel-efficient ferries transport 1m people in 86 days
08 Aug 2017
Launched in May, demand for NYC's first city-wide ferry system in over 100 years beats expectations.

Mixed oil market news continues and Brent remains around $52
08 Aug 2017
By A/S Global Risk Management.

Gazpromneft Marine Bunker achieves 16% rise in north-west Russia sales
08 Aug 2017
Firm says development of the Northern Sea Route was a key factor that led to the increase.

Oil and fuel oil hedging market update
08 Aug 2017
By the Oil Desk at Freight Investor Services.

Higher bunker prices drive up voyage costs as Eagle Bulk posts another loss
08 Aug 2017
Q2 loss recorded despite 109.6% jump in revenue.

Two incidents in three days involving 'illegal sale of marine gas oil' in Singapore
07 Aug 2017
Singapore reports two separate incidents as 13 men are arrested between July 30 and August 1.

OOIL swings into profit ahead of Cosco takeover despite 64.5% jump in bunker costs
07 Aug 2017
Chairman voices support for Cosco $6.3 billion deal.

Singapore trader moves from one Bunker Holding firm to another
07 Aug 2017
KPI Bridge Oil hires former Dan-Bunkering trader Brenda Lim in Singapore.

Oil prices continue to swarm around $52 on mixed news
07 Aug 2017
By A/S Global Risk Management.

Oil and fuel oil hedging market update
07 Aug 2017
By the Oil Desk at Freight Investor Services.

LNG bunker supplier Clean Energy posts Q2 loss, $43.2m H1 profit
04 Aug 2017
LNG sales volume dipped in both periods.

Spanish Atlantic port Ferrol aims to develop LNG bunkering infrastructure
04 Aug 2017
Port looks to take full advantage of its close proximity to Reganosa's LNG terminal.

Construction of LNG-fuelled sea cleaning vessel for Ulsan under way: source
04 Aug 2017
Project forms part of government strategy to develop LNG bunkering in South Korea.

After a volatile session yesterday, Brent oil price dips in morning trading
04 Aug 2017
By A/S Global Risk Management.

Oil and fuel oil hedging market update
04 Aug 2017
By the Oil Desk at Freight Investor Services.

Rolls-Royce tech selected to improve fuel economy of Antarctica cruise ship
04 Aug 2017
Rolls-Royce to equip an expeditionary cruise ship for Mystic Cruises.

First Europe-built dual-fuel tug features new nozzle with 'fuel savings of up to 10%'
03 Aug 2017
Schottel's SDV45 nozzle has been fitted on a ship for the first time.

Torm orders two bunker-saving resale tankers
03 Aug 2017
Fuel-efficient, medium-range (MR) vessels are scheduled to be delivered in Q3.



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