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Home » News » News Archive - July 2010


News Archive - July 2010

Praxis Market Update
30 Jul 2010 14:33 GMT

Unicom appoints bunker manager
30 Jul 2010 14:08 GMT

Med average up $10.67 per tonne
30 Jul 2010 13:33 GMT
BIX MED rises 2.0 percent as bunker prices end the week with a surge in the Mediterranean.

Rotterdam Market Report
30 Jul 2010 11:25 GMT

Market Briefing
30 Jul 2010 08:35 GMT

Brightoil raises US$135m in share placement
30 Jul 2010 07:48 GMT
Hong Kong-listed firm raises capital to fund the development of its oil projects.

Aegean to hold conference call and webcast
30 Jul 2010 07:09 GMT
Bunker supplier to discuss second quarter 2010 results in August.

Singapore Market Commentary (with evening update)
30 Jul 2010 06:52 GMT

Fuel-saving retrofit attracts 'massive interest'
29 Jul 2010 14:08 GMT
Turbocharger cut-out solution is said to offer optimal fuel consumption at both full and part load.

Praxis Market Update
29 Jul 2010 13:27 GMT

Oil Market Update
29 Jul 2010 11:21 GMT

Rotterdam Market Report
29 Jul 2010 11:14 GMT

Market Briefing
29 Jul 2010 08:58 GMT

Castrol launches lube technology centre
29 Jul 2010 07:35 GMT
New technology centre will be dedicated to developing lubricant technology solutions in China.

Trading in Brightoil shares suspended
29 Jul 2010 07:15 GMT
Trading in shares of bunker firm halted on the Hong Kong Stock Exchange.

Brightoil to expand Yangtze River network
29 Jul 2010 06:56 GMT
Supplier in deal to raise oil storage capacity and fuel oil import volumes.

Singapore Market Commentary (with evening update)
29 Jul 2010 05:57 GMT

Expansion plans at Texas marine terminal
28 Jul 2010 15:24 GMT
US firm plans to build 1.5 million barrels of refined petroleum products storage in Texas.

Praxis Market Update
28 Jul 2010 15:24 GMT

Oceanbat tanker to supply in August
28 Jul 2010 14:22 GMT
Bunker tanker is due to commence operations by mid-August following its arrival from Asia later this week.

Titan completes notes exchange
28 Jul 2010 14:21 GMT

Rotterdam Market Report
28 Jul 2010 11:08 GMT

Market Briefing
28 Jul 2010 08:12 GMT

Agreement to supply diesel exhaust fluid
28 Jul 2010 07:22 GMT
Distribution agreement signed for the supply of diesel exhaust fluid to customers on the US East Coast.

Singapore Market Commentary (with evening update)
28 Jul 2010 06:17 GMT

Praxis Market Update
27 Jul 2010 15:21 GMT

ArcLight plans for growth at Houston Fuel Oil Terminal
27 Jul 2010 13:47 GMT
ArcLight says it is committed to future growth after securing $305 million financing.

Oil Market Update
27 Jul 2010 12:17 GMT

Rotterdam Market Report
27 Jul 2010 10:52 GMT

Keeping an eye on China's oil pollution laws
27 Jul 2010 10:08 GMT
Shipowners are warned that they face an extensive set of rules governing their responsibilities in oil pollution incidents.

Market Briefing
27 Jul 2010 09:19 GMT

Propulsion solution delivers fuel savings
27 Jul 2010 09:07 GMT
Integrated propeller and rudder design reduces bunker costs in recent trials.

MF Global brokers lined up for Spectron move - source
27 Jul 2010 07:55 GMT
Fuel oil swaps brokers are reported to be set for a move to rival firm Spectron.

Andatee begins construction of Donggang wharf
27 Jul 2010 07:11 GMT
New wharf to provide docking services to small and medium-sized fishing vessels.

Singapore Market Commentary (with evening update)
27 Jul 2010 06:07 GMT

APL retrofits ships for cold ironing
26 July 2010 16:51 GMT
Five containerships are retrofitted for shore-based electrical power in preparation for 2011.

Praxis Market Update
26 Jul 2010 15:16 GMT

BP appoints Asia fuel oil traders - source
26 Jul 201 14:07 GMT
Oil major is reported to have hired two experienced fuel oil traders for its office in Singapore.

Oil Market Update
26 Jul 2010 11:37 GMT

Rotterdam Market Report
26 Jul 2010 11:21 GMT

Fuel oil brokers leave MF Global London
26 Jul 2010 09:03 GMT
MF Global says London fuel oil desk will continue operating despite a spate of broker departures.

Market Briefing
26 Jul 2010 08:27 GMT

WFS to hold conference call and webcast
26 Jul 2010 07:01 GMT
Management team to discuss the company's second quarter results in August conference call and webcast.

New Thames Estuary supply operation
26 Jul 2010 06:41 GMT
UK firm Cockett Marine Oil is planning to commence physical bunker supply activities in the Thames Estuary.

Singapore Market Commentary (with evening update)
26 Jul 2010 06:06 GMT

New office for KPI Bridge Oil Singapore
23 Jul 2010 16:02 GMT
KPI Bridge Oil relocates Singapore office to 1 Raffles Place.

Andatee acquires 52% stake in fuel oil firm
23 Jul 2010 14:24 GMT
Supplier aims to gain a foothold in the Tianjin bunker market with latest acquisition.

Praxis Market Update
23 Jul 2010 14:02 GMT

CMA CGM ship boasts bunker features
23 Jul 2010 13:55 GMT
Containership includes fuel-saving injection engine, protected bunker tanks and Fast Oil Recovery System.

Clean fuels program reaps rewards
23 Jul 2010 13:31 GMT
US port says it has made significant reductions in air pollution due to its clean air strategy.

Rotterdam Market Report
23 Jul 2010 11:52 GMT

French firm offering 1%S fuel at Med ports
23 Jul 2010 10:10 GMT
Supplier begins offering RMG 380 ISO 8217 - 2010 1% sulphur fuel at a number of Mediterranean locations.

Market Briefing
23 Jul 2010 09:04 GMT

August start for Southernpec in Singapore
23 Jul 2010 07:28 GMT
Chinese firm set to begin supplying bunker fuel in Singapore from next month after receiving MPA license.

Singapore Market Commentary
23 Jul 2010 05:47 GMT

Praxis Market Update
22 Jul 2010 14:12 GMT

Cyprus to become a 'major oil trading hub'
22 Jul 2010 13:15 GMT
Plans announced to build a major €100 million oil product terminal in Cyprus.

Vitol and Shell to thrash out Africa deal
22 Jul 2010 13:01 GMT
Vitol in exclusive talks with oil major over the acquisition of its downstream businesses in Africa.

Oil Market Update
22 Jul 2010 11:28 GMT

Rotterdam Market Report
22 Jul 2010 11:14 GMT

Market Briefing
22 Jul 2010 08:50 GMT

Henty Oil launches Shetland service
22 Jul 2010 08:01 GMT
UK firm expands bunker supply operation to key North Sea port.

BP files lawsuit against former staff
22 Jul 2010 07:21 GMT
Lawsuit filed for breach of contract against former fuel oil, marine fuel staff in Singapore.

Singapore Market Commentary (with evening update)
22 Jul 2010 06:36 GMT

Praxis Market Update
21 Jul 2010 14:52 GMT

Hong Kong issues typhoon signal 3 warning
21 Jul 2010 13:57 GMT
Bunker supply operations disrupted as typhoon signal 3 warning is issued for the first time this year.

Rotterdam Market Report
21 Jul 2010 12:51 GMT

Oil Market Update
21 Jul 2010 11:17 GMT

Logistics veteran to head GAC energy arm
21 Jul 2010 10:51 GMT
GAC appoints new president to head up new energy specialist arm in Houston.

Market Briefing
21 Jul 2010 09:19 GMT

Anchorage supplies continue at Dalian
21 Jul 2010 07:26 GMT
Vessels receive fuel at anchorage following the closure of berths at Dalian.

Singapore Market Commentary
21 Jul 2010 06:35 GMT

Praxis Market Update
20 Jul 2010 14:22 GMT

Rotterdam Market Report
20 Jul 2010 10:54 GMT

OW Bunker announces senior appointments
20 Jul 2010 10:02 GMT
Bunker firm appoints Global Sales Director and Regional Director for Northern Europe.

Contract to build LNG-powered vessel
20 Jul 2010 09:44 GMT
Natural gas-powered cargo vessel is scheduled for delivery in 2012.

Market Briefing
20 Jul 2010 09:17 GMT

Fuel-switching program to start in August
20 Jul 2010 07:34 GMT
US Gulf project will see ships switching to lower-sulphur fuel until April 2012.

Aegean earmarks newbuild for Greece
20 Jul 2010 06:37 GMT
Double-hull tanker is expected to be used to carry out bunker deliveries in Greece.

Singapore Market Commentary (with evening update)
20 Jul 2010 06:18 GMT

Praxis Market Update
19 Jul 2010 15:12 GMT

Bunker cargo arrives in Colombo
19 Jul 2010 14:24 GMT
Sri Lanka supplier is reported to have fully discharged a fuel oil cargo over the weekend.

Dubai sales manager leaves Chemoil
19 Jul 2010 13:52 GMT
Kalrav Dixit leaves Chemoil to head up Sharjah-based trading operation.

Market Briefing
19 Jul 2010 12:52 GMT

Rotterdam Market Report
19 Jul 2010 10:38 GMT

FSL secures the release of Nika I
19 Jul 2010 09:30 GMT
Vessel released after US$2.8 million banker's guarantee is provided as security.

Emissions meeting held in London
19 Jul 2010 08:44 GMT
Participants meet to discuss the issue of reducing greenhouse gas emissions from ships.

New member for HELMEPA
19 Jul 2010 07:48 GMT
Hellenic Marine Environment Protection Association welcomes its latest member.

Singapore Market Commentary (with evening update)
19 Jul 2010 06:21 GMT

Praxis Market Update
16 Jul 2010 14:07 GMT

Med average tumbles $11 per tonne
16 Jul 2010 13:44 GMT
Prices plummet in the Mediterranean with marine gas oil recording the day's most significant decreases.

Oil Market Update
16 Jul 2010 11:42 GMT

Rotterdam Market Report
16 Jul 2010 11:03 GMT

Market Briefing
16 Jul 2010 10:54 GMT

Distribution agreement for catalyst system
16 Jul 2010 07:36 GMT
Vessel service firm wins distribution rights for fuel-saving catalyst system.

Fuel cell testing project continues
16 Jul 2010 07:02 GMT
Testing of new fuel cell technology is scheduled to continue until the end of October.

Singapore Market Commentary (with evening update)
16 Jul 2010 06:07 GMT

Praxis Market Update
15 Jul 2010 13:35 GMT

New employee at Dan-Bunkering
15 Jul 2010 13:22 GMT
New recruit joins the company's China team based in Denmark.

Oil Market Update
15 Jul 2010 11:26 GMT

Rotterdam Market Report
15 Jul 2010 11:03 GMT

Market Briefing
15 Jul 2010 10:14 GMT

BP replaces fuel oil, marine fuels staff
15 Jul 2010 09:59 GMT
Oil major replaces key staff on its fuel oil and marine fuels teams in Singapore.

Oil firm issues fuel oil tender
15 Jul 2010 06:46 GMT
Tender issued to purchase up to 14 cargoes of fuel oil for delivery between August and October.

Singapore Market Commentary (with evening update)
15 Jul 2010 05:59 GMT

Award nomination for LNG-powered ship
14 Jul 2010 16:32 GMT
Eco-friendly LNG/MDO hybrid is nominated for Ship of the Year award.

Magellan acquires oil storage and pipelines
14 Jul 2010 15:33 GMT
US firm in deal to acquire oil pipelines and storage for $289 million.

Med average up $14.86 per tonne
14 Jul 2010 14:23 GMT
BIX MED rises 2.8 percent as bunker prices surge in the Mediterranean.

Praxis Market Update
14 Jul 2010 12:31 GMT

Rotterdam Market Report
14 Jul 2010 10:52 GMT

Market Briefing
14 Jul 2010 09:34 GMT

Singapore on course to sell 40 million tonnes
14 Jul 2010 07:39 GMT
New monthly record for Singapore as sales volumes exceed 20 million tonnes during the first six months.

Singapore Market Commentary (with evening update)
14 Jul 2010 05:58 GMT

Praxis Market Update
13 Jul 2010 15:19 GMT

Brightoil continues recruitment drive
13 Jul 2010 14:02 GMT
Supplier seeks chief executive officer as part of its current hiring campaign in Singapore.

Oil Market Update
13 Jul 2010 11:16 GMT

Rotterdam Market Report
13 Jul 2010 11:03 GMT

Market Briefing
13 Jul 2010 10:17 GMT

Brightoil orders engines for 40 bunker tankers
13 Jul 2010 09:04 GMT
Chinese bunker supplier to receive 80 main engines for new bunker tankers.

Largest French containership launched
13 Jul 2010 08:42 GMT
Containership boasts fuel-saving injection engine, protected bunker tanks and Fast Oil Recovery System.

Singapore Market Commentary (with evening update)
13 Jul 2010 06:46 GMT

Oil Market Update
12 Jul 2010 15:37 GMT

Praxis Market Update
12 Jul 2010 13:52 GMT

VTTI sells 10% stake in ETT
12 Jul 2010 13:16 GMT
Terminal operator sells stake in Rotterdam terminal to SK Energy International.

Wärtsilä signs slow steaming kit deal
12 Jul 2010 13:02 GMT
Contract signed for the installation of Slow Steaming Upgrade Kits on 34 container vessels.

Rotterdam Market Report
12 Jul 2010 10:22 GMT

Market Briefing
12 Jul 2010 10:08 GMT

US shipper lowers fuel surcharge
12 Jul 2010 07:57 GMT
Shipping firm matches main rival and decreases fuel fee by 2 percentage points.

November completion for Hambantota
12 Jul 2010 07:03 GMT
First phase of the Hambantota Port Development Project is expected to be completed ahead of schedule.

Singapore Market Commentary (with evening update)
12 Jul 2010 06:12 GMT

Praxis Market Update
09 Jul 2010 17:14 GMT

Oil Market Update
09 Jul 2010 15:27 GMT

ENOC stops bunkering in Fujairah
09 Jul 2010 13:52 GMT
Supplier pulls out of Fujairah due to stiff competition from rivals.

Rotterdam Market Report
09 Jul 2010 11:19 GMT

Market Briefing
09 Jul 2010 09:31 GMT

Ocean shipper cuts fuel surcharge
09 Jul 2010 08:14 GMT
US firm lowers its bunker fuel surcharge by 2 percentage points in July.

BP investigates resignations in Singapore
09 Jul 2010 07:54 GMT
Oil major says it is investigating the reasons behind a number of resignations at its fuel oil trading desk in Singapore.

Singapore Market Commentary (with evening update)
09 Jul 2010 06:36 GMT

Catalyst system boasts 'significant' fuel savings
08 Jul 2010 14:52 GMT

Oil rise forecast - but at a reduced rate
08 Jul 2010 13:42 GMT
Report says oil prices will increase, but at a slower pace than previously anticipated.

Rotterdam Market Report
08 Jul 2010 11:44 GMT

Oil Market Update
08 Jul 2010 11:32 GMT

Market Briefing
08 Jul 2010 09:56 GMT

Matrix Bharat to supply at Kochi in July
08 Jul 2010 08:04 GMT
Supplier set to begin deliveries of 380-cst at Kochi later this month.

Singapore Market Commentary (with evening update)
08 Jul 2010 06:42 GMT

Total raises barge capacity in Le Havre
07 Jul 2010 15:09 GMT
Supplier says new barge will improve reliability and increase flexibility in Le Havre.

Oil Market Update
07 Jul 2010 13:54 GMT

Praxis Market Update
07 Jul 2010 12:35 GMT

Rotterdam Market Report
07 Jul 2010 12:32 GMT

Dan-Bunkering appoints experienced traders
07 Jul 2010 09:32 GMT
Danish firm strengthens its trading team with the addition of two experienced professionals.

Market Briefing
07 Jul 2010 09:14 GMT

Sohar barge service imminent
07 Jul 2010 07:07 GMT
Joint venture operation is expected to begin supplying in Sohar by barge later this month.

Singapore Market Commentary (with evening update)
07 Jul 2010 06:21 GMT

Praxis Market Update
06 Jul 2010 13:32 GMT

Market Briefing
06 Jul 2010 11:02 GMT

Rotterdam Market Report
06 Jul 2010 10:58 GMT

Utility buys 72,000 mt fuel oil cargo
06 Jul 2010 07:23 GMT
Asian utility purchases fuel oil cargo for delivery in August.

Air pollution cut with MARPOL amendments
06 Jul 2010 07:02 GMT

Singapore Market Commentary (with evening update)
06 Jul 2010 06:47 GMT

Event looks at green ship energy solutions
06 Jul 2010 06:41 GMT
Topics discussed include alternative fuel sources and green shipping technology.

Praxis Market Update
05 Jul 2010 15:17 GMT

Rotterdam 380-cst average down 3.2% in June
05 Jul 2010 14:01 GMT
Average 380-centistoke price declines by $14 per tonne at Europe's leading bunker port.

Launch date for emissions monitoring system
05 Jul 2010 13:25 GMT
Laser-based marine emissions monitoring system to launch in September 2010.

CO2 transportation partnership announced
05 Jul 2010 12:57 GMT
Emergence of Carbon Capture and Storage (CCS) prompts firms to collaborate in CO2 shipping project.

Rotterdam Market Report
05 Jul 2010 11:46 GMT

Market Briefing
05 Jul 2010 09:52 GMT

Singapore Market Commentary (with evening update)
05 Jul 2010 06:47 GMT

Ireland: Sulphur regulation notice
05 Jul 2010 06:38 GMT
Notice issued to suppliers and shipowners concerning sulphur legislation in Ireland.

Lubmarine offers 'one-stop' ECA lube solution
02 Jul 2010 15:23 GMT
Supplier says it has the only lubricant in the marketplace suitable for use with high and sub-1 percent sulphur fuels.

Praxis Market Update
02 Jul 2010 13:37 GMT

IBIA certifies first Bunker Cargo Officer Graduates
02 Jul 2010 12:05 GMT
Certificates of competency awarded to training programme graduates.

Market Briefing
02 Jul 2010 10:02 GMT

Rotterdam Market Report
02 Jul 2010 09:51 GMT

Høll celebrates 25th anniversary
02 Jul 2010 08:48 GMT
Reception held to celebrate Søren Høll's 25 years at A/S Dan-Bunkering Ltd.

Fujisawa heads new Peninsula office
02 Jul 2010 08:04 GMT
Former PetroChina trader heads new Peninsula Petroleum office in Tokyo.

WFS completes Lakeside Oil acquisition
02 Jul 2010 07:10 GMT
World Fuel Services acquires select assets of Wisconsin's Lakeside Oil Company.

Singapore Market Commentary (with evening update)
02 Jul 2010 06:48 GMT

Lindsay Blee appoints bunker broker
01 Jul 2010 15:12 GMT
UK firm appoints bunker broker at its offices in Henley-on-Thames.

Praxis Market Update
01 Jul 2010 13:42 GMT

Oil Market Update
01 Jul 2010 12:21 GMT

Market Briefing
01 Jul 2010 12:13 GMT

Rotterdam Market Report
01 Jul 2010 12:07 GMT

Singapore 380-cst average down 3.8% in June
01 Jul 2010 10:26 GMT
Average price of 380-centistoke declines by $17 per tonne at the world's leading bunker port.

BIX price average falls in June
01 Jul 2010 10:11 GMT
Average monthly global bunker price declines by 2.6 percent during the month of June.

Bunker Index (BIX) statistical summary
01 Jul 2010 09:54 GMT
Key monthly Bunker Index (BIX) data provided in price summary.

Singapore Market Commentary (with evening update)
01 Jul 2010 07:21 GMT



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