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Home » News » News Archive - April 2008


News Archive - April 2008

Senate approves MARPOL Annex VI measure
29 Apr 2008 16:21 GMT
Senate Committee approves legislation to enforce air emission regulations.

Japan imports 275,803mt of Russian M100
29 Apr 2008 14:16 GMT
Imports of Russian M100 fuel oil into Japan almost double during the month of March.

Alshic enters Pakistani bunker market
29 Apr 2008 09:07 GMT
Piraeus-based firm extends its coverage by adding three ports to its area of trade.

40,000 litres of bunker fuel seized in Manila
29 Apr 2008 07:10 GMT
Authorities in the Philippines confiscate two tankers with suspected smuggled fuel.

Bunker Index launches website for the marine fuel industry
28 Apr 2008 10:52 GMT
Bunkerindex.com announces launch of price index and information resource for the marine fuel and lubricants industry.

Northern China imports Singapore fuel oil
28 Apr 2008 09:12 GMT
Refiners in the north of China purchase 320,000 tonnes of fuel oil from Singapore.

PDVSA sells 270,000 fuel oil cargo
28 Apr 2008 07:42 GMT
Venezuelan state oil company finds Latin American buyer for 380cst cargo.

Royal Caribbean reports higher first quarter earnings
25 Apr 2008 13:23 GMT
Highest first quarter yieds in company's history achieved despite $685 million fuel costs.

Chemoil Annual General Meeting results revealed
25 Apr 2008 11:43 GMT
Chemoil announces results of Annual General Meeting held on April 25.

Shipping industry not ready for biofuel
24 Apr 2008 11:47 GMT
Lloyd's Register CEO says world fleet would be unable to cope with the increase in demand for biofuel.

Singapore named best seaport in Asia
24 Apr 2008 08:37 GMT
Port receives award for twentieth time as bunker sales, shipping and cargo tonnage continue to rise.

Royal Caribbean raises fuel supplement
23 Apr 2008 12:21 GMT
Cruise ship operator's revised fuel supplement comes into effect next month.

Chemoil appoints new head for Panama division
22 Apr 2008 11:41 GMT GMT
Experienced oil executive Andres Galavis is given Panama leadership role.

CARB to consider Emission Reduction Plan
22 Apr 2008 09:20 GMT
California Air Resources Board to examine implementation of plan this week.

Crude rises above $117 for the first time
21 Apr 2008 09:45 GMT
Oil prices spike to record levels as OPEC rejects calls to boost output.

Strike is suspended at Marseille
21 Apr 2008 06:47 GMT
Normal bunkering operations expected to resume as port workers end strike.

Crude stays over $115 after hitting record
18 Apr 2008 08:05 GMT
Crude oil remains at $115 as investors continue to hedge against the weakening dollar.

Petrojam set to increase profits by US$176 million
18 Apr 2008 06:47 GMT
Government report expects profits and revenue to soar in 2008/09.

Sri Lanka delays 360,000 mt fuel oil tender
17 Apr 2008 10:42 GMT
State-run firm extends validity date to examine bidders' prices.

Georgiopoulos launches green private equity fund
17 Apr 2008 07:24 GMT
Equity fund to invest in businesses dedicated to emissions reduction and energy efficiency.

Mediterranean moves to a new office
16 Apr 2008 10:21 GMT
Piraeus-based bunker trading company moves to a new company address.

Japan becomes leading importer of Russian fuel oil
16 Apr 2008 08:03 GMT
Imports of fuel oil into Japan increase as refineries switch to Russian M100.

WOQOD completes quality management project
15 Apr 2008 10:25 GMT
Qatar-based firm implements management system for operations in Ras Laffan.

Crude climbs to record high of $112.48 a barrel
15 Apr 2008 07:46 GMT
Decline in the greenback prompts traders to purchase futures contracts.

Black Diamond barge is back in action
14 Apr 2008 10:09 GMT
Black Sea supplier announces its barge will carry out deliveries again this week.

DME is named Exchange Newcomer of the Year
14 Apr 2008 07:17 GMT
Leading exchange in the Middle East is congratulated for becoming 2008 Exchange Newcomer of the Year.

Cost of low sulphur fuel oil refinery escalates
11 Apr 2008 07:04 GMT
Refinery in the Middle East plans to produce low sulphur fuel oil. Cost rises to US$19 billion.

World Fuel Services to acquire assets of Texor Petroleum
10 Apr 2008 10:56 GMT
Acquisition set to strengthen World Fuel Services' position in the ground based fuel market.

Crude hits record high as US inventories fall
10 Apr 2008 06:58 GMT
Oil prices soar to record levels as EIA reports a drop in US stock levels.

NYMEX changes margins for Petroeum Swaps Contracts
09 Apr 2008 10:57 GMT
Margins for fuel oil and gas oil swap futures contracts are affected by changes.

Indian firm offers 480,000 mt of 380cst via tender
09 Apr 2008 08:46 GMT
Refinery offers to export fuel oil cargo via tender for June-November lifting.

PACCSHIP pleads guilty to concealing oil pollution
08 Apr 2008 11:16 GMT
Ship operator to pay US$1.7 million for improper discharge of oil-contaminated waste.

Bominflot starts supplying in Kali Limenes
08 Apr 2008 07:46 GMT
German supplier and trader announces that it is now physical in Crete.

20,000 barrels of fuel oil removed from grounded barge
07 Apr 2008 13:42 GMT
Emergency fuel oil transfer carried out as barge runs aground in Florida.

Dan-Bunkering appoints new bunker trader
07 Apr 2008 11:05 GMT
Global bunker trader announces details of the latest addition to its team in Middelfart.

MEPC approves reduction in sulphur emissions
07 Apr 2008 08:17 GMT
IMO Committee decides on progressive reduction of global sulphur cap and new limits in SECAs.

Fuel Oil workshop announced for Oil Traders' Conference
04 Apr 2008 11:50 GMT
Course provider anounces fuel oil workshop at 9th Annual China Oil Traders' Conference

BAF for Far East to North America is announced
04 Apr 2008 08:41 GMT
Maersk Bunker Adjustment Factor for Far East to USA and Canada trades is revised.

Crude goes higher after falling over US$1
03 Apr 2008 15:45 GMT
Crude recovers to surpass previous day levels after dropping over US$1

Maersk introduces new BAF for Americas to East Africa
03 Apr 2008 08:43 GMT
New rates for North and Latin America to East Africa to come into effect next month.

PDVSA eyes key oil terminal facilities for expansion
02 Apr 2008 14:48 GMT
Venezuelan company plans to purchase and lease terminals in Latin America and the Caribbean.

BP Marine Fuels appoints new Chief Operating Officer
02 Apr 2008 11:14 GMT
Ex-Air BP Asset Director looks to drive the business forward and secure new opportunities.

Dan-Bunkering moves to new office
01 Apr 2008 13:52 GMT
Danish supplier and trader relocates to a new office in Copenhagen

Mitropoulos defends shipping's environmental record
01 Apr 2008 10:28 GMT
IMO Secretary-General hits back at shipping's green critics in MEPC opening address.

South Korea to reduce import tariff on fuel oil
01 Apr 2008 08:52 GMT
Import taxes on oil products to be cut from today in an attempt to curb inflation



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