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Home » News » News Archive - October 2008


News Archive - October 2008

NYSE suspends trading in Britannia Bulk
30 Oct 2008 16:47 GMT
Shares in bunker hedge victim deemed 'no longer suitable for trading'.

Ocean shipper cuts surcharge a fourth time
30 Oct 2008 10:02 GMT
Fall in bunker prices prompts US firm's fourth surcharge decrease in a row.

Fuel management system gets green light
30 Oct 2008 08:04 GMT
American Bureau of Shipping approves 'fuel saving' monitoring technology.

Bunker prices drop in Asian ports
29 Oct 2008 16:40 GMT
Singapore 380-cst plummets 52 percent in a month. Price rise expected.

Oil prices rise as Asian stocks surge
29 Oct 2008 09:50 GMT
Stock market gains and output cut speculation lead to crude price rise.

'Solar wing' deal announced
29 Oct 2008 08:04 GMT
Commercial ships to be fitted with energy-generating sail technology.

BP profits surge to $10 billion
28 Oct 2008 10:52 GMT
CEO says the oil firm is well-placed to weather the financial storm.

UK to include shipping in Climate Change Bill
28 Oct 2008 09:26 GMT
Government agrees to include shipping emissions in new legislation.

Russia says Nov export duty cut 'not possible'
28 Oct 2008 08:02 GMT
Finance Ministry announces fuel oil export tax estimates for Dec-Jan.

Royal Caribbean drops fuel supplement
27 Oct 2008 12:27 GMT
Cruise line announces decision to eliminate fuel surcharge in November.

Neste Oil reports 'surprisingly strong' fuel oil margins
27 Oct 2008 10:16 GMT
Finnish supplier posts robust Q3 results due to record total refining margin.

Chevron awaits land lease extension
24 Oct 2008 11:22 GMT
Lube supplier in talks with Ministry of Petroleum regarding land lease.

Degraded marine fuels guide to be released
24 Oct 2008 10:13 GMT
New edition looks at what can be done to prevent problems arising from poor combustibility.

PSO to buy 450,000mt of fuel oil
24 Oct 2008 08:09 GMT
State oil firm plans to purchase low sulphur fuel oil cargoes for Nov-Feb delivery.

Canadian firm orders 'fuel saving' system
23 Oct 2008 11:15 GMT
'Low Loss Concept' system ordered for first passenger vessel.

Nippon Oil buys stake in lubes firm
23 Oct 2008 09:47 GMT
Joint venture partners sell shares in Singapore-based lubricants company.

WOQOD and Shell sign lubricants deal
23 Oct 2008 08:08 GMT
Marine lubricants agreement to supply Nakilat LNG fleet is signed.

Saudi Arabia: Latest posted prices
22 Oct 2008 14:24 GMT
Posted prices for Jeddah and Dammam issued today.

Ship emission warning for marine insurers
22 Oct 2008 09:42 GMT
Increased legislation could fuel the next wave of environmental claims.

Bominflot expands into Panama
22 Oct 2008 08:07 GMT
Supplier announces capability to deliver bunkers in Panama, with immediate effect.

New MDO alternative in Poland
21 Oct 2008 14:30 GMT
Ship-Service offers MDO (C&B) in all Polish ports.

Ocean carrier to lower bunker surcharges
21 Oct 2008 09:45 GMT
New surcharges to South America to come into effect in November.

$299m in uncollected bunker charges
21 Oct 2008 08:12 GMT
Survey: Shipping lines have been undercollecting fuel charges to remain competitive.

New employee at Global Risk Management
20 Oct 2008 16:43 GMT
Risk Manager joins Danish firm's branch office in Copenhagen.

BC Ferries cuts fuel surcharge
20 Oct 2008 11:14 GMT
Canadian ferry line to slash surcharge in November.

MOL tests LNG-fueled power system
20 Oct 2008 10:08 GMT
Mobile cold ironing technology aims to reduce emissions while at berth.

CME to launch Rotterdam fuel oil swaps
20 Oct 2008 08:22 GMT
1.5% fuel oil Rotterdam contracts announced for petroleum swaps launch.

Aegean plans Caribbean expansion
17 Oct 17:25 GMT
Bunker supplier to establish operations in Trinidad and Tobago.

Ferry line eliminates fuel surcharge
17 Oct 2008 10:29 GMT
Bunker surcharge removed for West Coast ferry travellers.

Matson lowers surcharge a third time
17 Oct 2008 09:35 GMT
Ocean shipper decreases fuel surcharge following downward trend in bunker prices.

Oil spill exercise in Singapore
17 Oct 2008 08:03 GMT
SIBCON oil pollution exercise includes dispersant spraying aircraft.

Kittiwake records 25% income growth
16 Oct 2008 17:25 GMT
Marine technology specialist forecasts continued growth for 08/09.

Operation to retrieve bunker fuel continues
16 Oct 2008 10:15 GMT
Coast Guard issues order to response teams for safe extraction.

Metering system launched at SIBCON
16 Oct 2008 08:04 GMT
Accurate measurement of all bunker fuel delivered to ships 'guaranteed'

Singapore to launch new bunker standards policy
15 Oct 2008 10:33 GMT
Bunker supply chain standard to be phased in by H2 2009.

MPA issues bunkering guidelines
15 Oct 2008 09:27 GMT
Guidelines for the prevention of pollution during bunkering are announced.

Switching to distillates 'does not work'
15 Oct 2008 08:02 GMT
Leigh-Jones: Fuel change would have a 'counter-productive environmental impact'.

Bunker fuel extraction almost complete
14 Oct 2008 11:10 GMT
Retrieval of marine fuel from capsized ship expected to take 'three to four days'.

PSO buys 13 fuel oil cargoes
14 Oct 2008 09:47 GMT
Oil marketer purchases up to 1.1 million tonnes via fuel oil tender.

Hellas Committee discusses CO2 emissions
14 Oct 2008 08:02 GMT
CO2 index evaluated as a means of reducing fuel costs and ship emissions.

Carnival plans to scrap fuel supplement
13 Oct 2008 11:10 GMT
Cruise operator also issues guidelines for fuel surcharge refunds.

Singapore launches flagship event
13 Oct 2008 09:42 GMT
Singapore Maritime Week 'expected to attract over 6,000 participants'.

Horizon lowers fuel surcharge
13 Oct 2008 08:05 GMT
Bunker fee to be lowered on shipments to Hawaii and Guam.

US ratifies air pollution legislation
10 Oct 2008 09:35 GMT
US becomes 53rd country to ratify MARPOL Annex VI.

IMO praised for new emission standards
10 Oct 2008 08:03 GMT
US environmental group applauds MARPOL Annex VI ammendments.

Kittiwake buys majority stake in Krystallon
09 Oct 2008 16:25 GMT
UK-firm acquires majority shareholding in sea water scrubbing specialst.

Shell to shut down Sydney refinery
09 Oct 2008 10:15 GMT
Bunker-producing facility to move to 'full import mode' in November.

Matson lowers bunker surcharge
09 Oct 2008 09:03 GMT
Recent drop in marine fuel prices leads to second surcharge decrease in a month.

K-Sea partners drop IPO plans
08 Oct 2008 17:15 GMT
Owners withdraw IPO registration due to 'the current state of the financial markets'.

US firms to launch marine fuel systems
08 Oct 2008 10:44 GMT
New product line designed to meet upcoming CARB and EPA regulations.

MPA issues instructions to foreign ships
08 Oct 2008 08:04 GMT
Details regarding bunker certificate application procedures announced.

India refinery expansion delayed
07 Oct 2008 10:18 GMT
Bunker-producing refiner delays capacity expansion by one year.

Report documents U.S. ship emissions
07 Oct 2008 08:07 GMT
Group calls for IMO committee to cut pollution from 'floating smokestacks'.

Dual-fuel plant is inaugurated
06 Oct 2008 11:31 GMT
Facility to produce engines that run on natural gas, marine diesel or heavy fuel oil.

Manager appointed at Bunker Holding
06 Oct 2008 10:10 GMT
Ex-Oracle Director joins Middelfart-based firm.

WFS enters into receivables facility program
06 Oct 2008 09:42 GMT
Facility aims to provide liquidity to support working capital requirements.

Ship emissions high on IMO agenda
06 Oct 2008 08:02 GMT
IMO committee expected to adopt MARPOL Annex VI ammendments this week.

Number change in Gibraltar
03 Oct 2008 11:56 GMT
New three-digit prefix is introduced for landline numbers.

Vitol to build Malaysian storage terminal
03 Oct 2008 09:43 GMT
New facility will be used for blending and storage of petroleum products.

Fuel suppliers unite in Northern Ireland
03 Oct 2008 08:02 GMT
Bunker supplier joins forces with leading oil companies to form a single entity.

Bunker survey launched in Alaska
02 Oct 2008 16:56 GMT
Online survey aims to examine the impact of bunker prices on commercial fisheries.

UAE refinery project developments announced
02 Oct 2008 09:42 GMT
Engineering design in progress for bunker-producing facility expansion project.

Aegean takes delivery of bunker tanker
02 Oct 2008 08:03 GMT
New-build will be deployed to Aegean's Gibraltar service center.

Terpel moves to new office location
01 Oct 2008 14:45 GMT
Colombian supplier changes office address in Barranquilla.

Addax upgrades bunker fleet
01 Oct 2008 11:26 GMT
Offshore bunker specialist upgrades tankers with two new vessels

Petrobras announces new procedures
01 Oct 2008 09:43 GMT
New commercial procedures for bunker nominations will apply from today.

Bunkers International opens New York office
01 Oct 2008 08:02 GMT
Experienced bunker professional to oversee the new trading operation.



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