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Home » News » News Archive - September 2010


News Archive - September 2010

Barging 'the most fuel-efficient' mode of transportation
29 Sep 2010 14:07 GMT
US firm says barging is the most eco-friendly mode of transportation due to higher fuel efficiency and lower spill rate.

Petroplus to sell investment in PBF Energy
29 Sep 2010 13:32 GMT
Agreement reached for the sale of Petroplus' 32.62% share of the company.

Global Vision Market Report
29 Sep 2010 12:13 GMT

Praxis Market Update
29 Sep 2010 12:06 GMT

Rotterdam Market Report
29 Sep 2010 11:22 GMT

Market Briefing
29 Sep 2010 10:32 GMT
Oil higher on bad economic numbers (Brent: $79)

New bunker trader at Dan-Bunkering
29 Sep 2010 10:24 GMT
Latest appointment joins the company's trading team in Middelfart, Denmark.

World Ocean Council attracts new members
29 Sep 2010 07:07 GMT
Alliance adds new members from an array of ocean industries.

Singapore Market Commentary (with evening update)
29 Sep 2010 05:48 GMT

Praxis Market Update
28 Sep 2010 13:44 GMT

Global Vision Market Report
28 Sep 2010 12:51 GMT

Market Briefing
28 Sep 2010 11:06 GMT
Oil declines on failed break (Brent: $78)

Rotterdam Market Report
28 Sep 2010 10:51 GMT

Brightoil announces 117% rise in bunker sales
28 Sep 2010 10:31 GMT
Bunker volumes skyrocket. Profit attributable to shareholders up 334% year-on-year.

'Strategic importance' of new green initiative
28 Sep 2010 09:44 GMT
Shipowner stresses the importance of new initiative as the industry faces the challenge of climate change and rising bunker costs.

Swedish firm wins Fujairah terminal contract
28 Sep 2010 07:31 GMT
Automation contract is estimated to be worth US$ 6.6 million.

China sets non-state fuel oil import quotas
28 Sep 2010 07:01 GMT
Chinese government announces import quotas for non-state companies in 2011.

Singapore Market Commentary (with evening update)
28 Sep 2010 05:45 GMT

Rebuilding project to cut fuel costs
27 Sep 2010 18:14 GMT
Joint venture initiative aims to cut Panamax vessel's fuel consumption by 3 percent.

Praxis Market Update
27 Sep 2010 13:42 GMT

'Baywatch' stunt at MEPC meeting
27 Sep 2010 13:22 GMT
Organisation calls on MEPC to 'be a life saver' and consider measures to reduce emissions.

Global Vision Market Report
27 Sep 2010 13:21 GMT

Oxfam calls for 'fair scheme' to control emissions
27 Sep 2010 10:36 GMT
Oxfam in plea to raise climate cash via the auctioning of emission permits.

Market Briefing
27 Sep 2010 09:28 GMT
Oil buoyed by dollar weakness, risk appetite (Brent: $79)

UK CO2 emissions 'up to six times higher'
27 Sep 2010 07:19 GMT
Study says CO2 emissions from UK shipping could be up to six times higher than current estimates.

Singapore Market Commentary (with evening update)
27 Sep 2010 06:20 GMT

Global Vision Market Report
24 Sep 2010 13:17 GMT

IBIA 2011 Convention to be held in Barcelona
24 Sep 2010 13:08 GMT
International Bunker Industry Association announces the venue location for next year's event.

Praxis Market Update
24 Sep 2010 13:02 GMT

GHG measures high on agenda at MEPC meeting
24 Sep 2010 12:42 GMT

Rotterdam Market Report
24 Sep 2010 10:52 GMT

Shanghai Expo 'a success' for Risler
24 Sep 2010 10:06 GMT

Market Briefing
24 Sep 2010 09:28 GMT

Singapore Market Commentary (with evening update)
24 Sep 2010 05:35 GMT

Using existing technology to cut fuel costs
23 Sep 2010 19:25 GMT
Manufacturer says fuel savings of up to 9% can be achieved by using its ‘next generation’ hull coating.

Dip in shipping confidence, says survey
23 Sep 2010 18:42 GMT
Survey says there has been a marginal drop in confidence levels over the past three months.

Praxis Market Update
23 Sep 2010 15:21 GMT

Global Vision Market Report
23 Sep 2010 13:27 GMT

Aquametro: Positive response at SMM
23 Sep 2010 11:14 GMT
Swiss firm says it received 'significant' interest for its fuel-related products at this month's SMM event.

Rotterdam Market Report
23 Sep 2010 11:04 GMT

New employee for Dan-Bunkering in Russia
23 Sep 2010 09:08 GMT
Kaliningrad office welcomes new member of staff.

Market Briefing
23 Sep 2010 08:43 GMT

Black oil terminal launched in Visakhapatnam
23 Sep 2010 08:03 GMT
New facility is the largest in the country to exclusively store dark oil products.

Singapore Market Commentary (with evening update)
23 Sep 2010 06:23 GMT

EEDI measured for ships in Japan
22 Sep 2010 18:44 GMT
Energy Efficiency Design Index is measured for two vessels built in Japan.

Praxis Market Update
22 Sep 2010 13:48 GMT

New propeller range cuts fuel costs
22 Sep 2010 13:33 GMT
New range of propellers is said to lower fuel consumption and cut exhaust gas emissions.

Global Vision Market Report
22 Sep 2010 12:02 GMT

Rotterdam Market Report
22 Sep 2010 11:15 GMT

Market Briefing
22 Sep 2010 09:44 GMT
Oil fell after higher oil inventories – Increased risk of more easy money though (Brent: $78.4)

Conference offers 20% discount to Bunker Index users (FREE)
22 Sep 2009 09:37 GMT
Special offer available to Bunker Index users that book before 29th October.

Agreement to develop dry scrubbing technology
22 Sep 2010 07:48 GMT
Partnership aims to jointly develop customer solutions for dry scrubbing technology.

Singapore Market Commentary (with evening update)
22 Sep 2010 06:25 GMT

WFS closes common stock offering
21 Sep 2010 16:21 GMT
Fuels specialist says it received $219 million in net proceeds from the offering.

Global Vision Market Report
21 Sep 2010 14:12 GMT

MAN Diesel launches lube oil range
21 Sep 2010 13:58 GMT
PrimeServLube product range launched for high, medium and low speed engines.

Praxis Market Update
21 Sep 2010 13:27 GMT

Rotterdam Market Report
21 Sep 2010 10:52 GMT

Fujairah terminal: Third investor under consideration
21 Sep 2010 10:20 GMT
Terminal project partners said to be considering the involvement of a third investor.

Market Briefing
21 Sep 2010 09:33 GMT
Oil higher on risk sentiment before FED meeting (Brent: $79)

Demand for fuel-efficient ships 'rising rapidly'
21 Sep 2010 07:59 GMT
Group chairman says there has been a rapid increase in demand for eco-friendly vessels.

Singapore Market Commentary (with evening update)
21 Sep 2010 05:58 GMT

Wilhelmsen to host seminar in October
20 Sep 2010 17:32 GMT
Bunker seminar to be held at the company's office building in Norway.

MGO prices tumble in the Med
20 Sep 2010 14:21 GMT
BIX MED MGO falls $9.60 per tonne as distillate levels plummet across the region.

Praxis Market Update
20 Sep 2010 12:34 GMT

Global Vision Market Report
20 Sep 2010 12:12 GMT

Rotterdam Market Report
20 Sep 2010 11:35 GMT

ADPC awards Khalifa Port contract
20 Sep 2010 09:41 GMT
Contract includes the construction of container and general cargo terminals at Khalifa Port and Industrial Zone.

Market Briefing
20 Sep 2010 08:51 GMT
Oil steady ahead of Tuesday’s FED meeting (Brent: $78.3)

Statoil hires IPO managers - sources
20 Sep 2010 07:04 GMT
Companies hired to manage the IPO of Statoil's fuel and retail unit.

Singapore Market Commentary (with evening update)
20 Sep 2010 05:33 GMT

Praxis Market Update
17 Sep 2010 16:51 GMT

Barge operator completes $100m equity investment
17 Sep 2010 13:58 GMT
US firm closes the second portion of its direct equity investment.

Global Vision Market Report
17 Sep 2010 13:09 GMT

Agreement to develop solutions for LNG-powered ships
17 Sep 2010 11:42 GMT

Rotterdam Market Report
17 Sep 2010 10:37 GMT

Market Briefing
17 Sep 2010 09:14 GMT
Oil dips on pipeline restart (Brent: $78.88)

DNV to class first LNG-fuelled coaster
17 Sep 2010 07:34 GMT
LNG-powered multi purpose vessel is scheduled for delivery in 2012.

Singapore Market Commentary (with evening update)
17 Sep 2010 06:40 GMT

Praxis Market Update
16 Sep 2010 13:52 GMT

Sales manager leaves Chemoil-Adani
16 Sep 2010 13:15 GMT
Manager vacates his position with Indian supplier to join rival bunker firm.

Rotterdam Market Report
16 Sep 2010 12:28 GMT

Global Vision Market Report
16 Sep 2010 11:55 GMT

Market Briefing
16 Sep 2010 08:47 GMT
Oil lower on US data – higher on inventories (Brent: $79)

Chemoil opens office in New York
16 Sep 2010 08:01 GMT
Supplier says new operation will provide a platform for growth in the US East Coast.

Engine provider announced for world's largest LNG ferry
16 Sep 2010 07:38 GMT
Ferry to operate on the west coast of Norway upon completion.

WFS announces pricing of stock offering
16 Sep 2010 06:29 GMT
World Fuel Services says it expects to receive net proceeds of around US$190 million.

Singapore Market Commentary (with evening update)
16 Sep 2010 06:11 GMT

Praxis Market Update
15 Sep 2010 15:12 GMT

Global Vision Market Report
15 Sep 2010 13:21 GMT

Rotterdam Market Report
15 Sep 2010 10:42 GMT

Dan-Bunkering appoints bunker trader
15 Sep 2010 10:24 GMT
New appointment joins the company's trading team in Middelfart, Denmark.

Market Briefing
15 Sep 2010 09:53 GMT
Oil increase on positive economic data – fall on inventories (Brent: $78.7)

Bonaire terminal remains closed
15 Sep 2010 09:47 GMT
BOPEC terminal closed until further notice as damage assessments continue following last week's fire.

New fleet system assesses fuel consumption
15 Sep 2010 09:09 GMT
Fleet management system unveiled at last week's SMM in Hamburg.

Project to develop fuel-saving device
15 Sep 2010 08:47 GMT
Two-year project to look at developing a fuel-saving device to improve propulsion efficiency.

ENOC reduces capacity in Singapore
15 Sep 2010 06:57 GMT
UAE firm slashes its Singapore storage capacity to around 60,000 cubic metres.

Singapore Market Commentary (with evening update)
15 Sep 2010 05:11 GMT

Global Vision Market Report
14 Sep 2010 13:28 GMT

SkySails: 'Good response' at SMM
14 Sep 2010 13:20 GMT
Wind propulsion firm says its fuel-saving technology received a positive response in Hamburg.

Rotterdam Market Report
14 Sep 2010 11:28 GMT

Praxis Market Update
14 Sep 2010 11:17 GMT

Market Briefing
14 Sep 2010 09:53 GMT
Oil higher on expectations to oil inventories (Brent: $79)

Lintec named 'Supplier of the Year'
14 Sep 2010 08:48 GMT
Testing agency is named best supplier by purchasing association.

Singapore sales dip 5.3 percent in August
14 Sep 2010 08:18 GMT
Volume decline follows five consecutive months of record sales. Year-on-year sales up 10.2 percent.

Singapore Market Commentary (with evening update)
14 Sep 2010 06:15 GMT

Praxis Market Update
13 Sep 2010 15:18 GMT

Rotterdam Market Report
13 Sep 2010 13:08 GMT

Global Vision Market Report
13 Sep 2010 13:01 GMT

WFS announces stock offering
13 Sep 2010 12:01 GMT
US firm intends to offer up to 7.57 million shares of its common stock in a public offering.

Market Briefing
13 Sep 2010 10:02 GMT

Asia's first fuel switch programme
13 Sep 2010 09:45 GMT
Fuel switch scheme is launched in Hong Kong following 'successful' supervised testing.

Barge operator closes direct equity investment
13 Sep 2010 09:31 GMT
US firm closes first portion of $100 million investement.

Eco summit sets the green course
13 Sep 2010 07:51 GMT
Solar, wind power, LNG and fuel cells discussed at summit meeting for the maritime industry

Singapore Market Commentary (with evening update)
13 Sep 2010 05:58 GMT

Praxis Market Update
10 Sep 2010 15:22 GMT

Global Vision Market Report
10 Sep 2010 14:48 GMT

Study: 'High market potential' for fuel cell systems
10 Sep 2010 13:12 GMT
Study concludes that fuel cell technology could substitute 160 GW of auxiliary engines worldwide.

Rotterdam Market Report
10 Sep 2010 11:41 GMT

Market Briefing
10 Sep 2010 10:22 GMT

Plan to launch first LNG-powered container ship
10 Sep 2010 07:08 GMT
Shipping firm plans to retrofit liquefied natural gas on board a 5,000 TEU container vessel.

GL class for gas-fuelled ship
10 Sep 2010 06:44 GMT
Product tanker is set to become the first GL class ship using LNG as fuel.

Aegean takes delivery of bunker tanker
10 Sep 2010 05:57 GMT
Double-hull vessel is expected to be used to carry out deliveries in Gibraltar and Tangiers.

New lube is 'key' to sulphur limit compliance
09 Sep 2010 20:16 GMT
Lubmarine says its new cylinder oil provides 'the optimum lube solution' for ship operators.

Praxis Market Update
09 Sep 2010 15:15 GMT

Global Vision Market Report
09 Sep 2010 12:28 GMT

Rotterdam Market Report
09 Sep 2010 10:32 GMT

Dan-Bunkering appoints bunker trader
09 Sep 2010 09:31 GMT
New appointment joins the company's trading team in Middelfart, Denmark.

Wärtsilä in fuel-saving product agreement
09 Sep 2010 09:03 GMT
New product is said to cut fuel consumption and emissions using Organic Rankine Cycle technology.

OW launches physical operations in Uruguay
09 Sep 2010 08:03 GMT
Company to provide a full range of fuels up to 380-centistoke in Montevideo and anchorage areas.

Market Briefing
09 Sep 2010 07:44 GMT
Brent edging towards $80/barrel mark (Brent: $78.2)

Singapore Market Commentary (with evening update)
09 Sep 2010 06:04 GMT

Praxis Market Update
08 Sep 2010 15:37 GMT

Rotterdam Market Report
08 Sep 2010 14:42 GMT

WFS completes $800m credit facility
08 Sep 2010 13:43 GMT
World Fuel Services says it has successfully amended and restated its existing credit facility.

Fuel-saving propeller a 'success'
08 Sep 2010 09:54 GMT

Cutting fuel costs via efficient energy utilization
08 Sep 2010 09:46 GMT
New system is said to reduce fuel consumption by up to 12 percent.

Global Vision launches office in South Africa
08 Sep 2010 09:37 GMT
Experienced marine fuels professional Shanaaz Bennett heads up the group's South African office.

Andatee to receive US$8.84 million loan
08 Sep 2010 09:27 GMT
Supplier says loan will enable the company to 'vigorously pursue' its expansion plan.

Market Briefing
08 Sep 2010 08:42 GMT
Oil prices fall on German industry – rebounded on refinery explosion (Brent: $77.5)

Singapore Market Commentary (with evening update)
08 Sep 2010 06:37 GMT

DNVPS launches cat fine screening service
07 Sep 2010 16:32 GMT
Service provides a particle size and quantity profile of catalyst fines in fuel.

Praxis Market Update
07 Sep 2010 16:29 GMT

New marine manager at Naftal
07 Sep 2010 14:05 GMT
New appointment takes over from previous manager Hocine Bachir.

Naftal appoints sales manager
07 Sep 2010 13:33 GMT
Algerian supplier announces the appointment of its new sales department manager.

Rotterdam Market Report
07 Sep 2010 10:53 GMT

IBS: Volume rise in first year as supplier
07 Sep 2010 10:06 GMT
Tokyo firm says it has seen a steady rise in sales volumes since launching as a physical supplier in May 2009.

Market Briefing
07 Sep 2010 09:36 GMT
Oil declines with the Euro (Brent: $76.2)

CYE Petrol appoints bunker trader
07 Sep 2010 09:28 GMT
New member of staff for Turkish marine fuel supplier.

Singapore Market Commentary (with evening update)
07 Sep 2010 05:37 GMT

Praxis Market Update
06 Sep 2010 15:22 GMT

Korean suppliers prepare for Malou
06 Sep 2010 14:08 GMT
Bunker deliveries expected to be affected by Typhoon Malou tomorrow.

Global Risk Management appoints MD
06 Sep 2010 13:16 GMT
Newly-appointed managing director has over 20 years of experience in the finance sector.

Rotterdam Market Report
06 Sep 2010 11:02 GMT

Market Briefing
06 Sep 2010 09:38 GMT
Oil ended lower as service sector report disappointed (Brent: $76.3)

Matson cuts fuel surcharge
06 Sep 2010 07:03 GMT
Shipper says surcharge cut will mean a cost reduction of between $100 to $150 per container.

Eco-efficiency tool developed to compare costs
06 Sep 2010 06:26 GMT
Decision-making tool developed to assist operators in choosing the most eco-efficient hull coatings.

Singapore Market Commentary (with evening update)
06 Sep 2010 05:28 GMT

Barge operator to raise up to $100 million
03 Sep 2010 19:51 GMT
Agreement to raise up to $100 million through direct equity investment.

Praxis Market Update
03 Sep 2010 14:15 GMT

Rotterdam Market Report
03 Sep 2010 11:21 GMT

DNVPS appoints global sales manager
03 Sep 2010 10:09 GMT
Regional manager is promoted to the role of global sales & marketing manager.

Statoil plans Q4 fuel business IPO
03 Sep 2010 09:52 GMT
Oil company submits application for IPO to take place towards the end of this year.

Market Briefing
03 Sep 2010 09:19 GMT
Oil prices rebound on another platform explosion (Brent: $76.7)

Singapore Market Commentary (with evening update)
03 Sep 2010 06:22 GMT

Cockett launch receives 'positive feedback'
02 Sep 2010 14:22 GMT
UK firm says it has received a 'healthy level of enquiries' for its new service in the English Channel.

World Fuel Services declares cash dividend
02 Sep 2010 13:41 GMT
Quarterly cash dividend follows 33.6 percent rise in second quarter net income.

Praxis Market Update
02 Sep 2010 13:04 GMT

Rotterdam Market Report
02 Sep 2010 11:28 GMT

Market Briefing
02 Sep 2010 09:41 GMT

Name change for Frisol B.V.
02 Sep 2010 09:33 GMT
Dutch supplier changes company name to North Sea Group Bunkering B.V.

US port receives green award
02 Sep 2010 08:22 GMT

Houston: Breakbulk arrivals up 27 percent
02 Sep 2010 06:42 GMT
Breakbulk rise helps increase year-to-date arrivals by almost 3 percent at leading US Gulf bunker port.

Singapore Market Commentary
02 Sep 2010 05:57 GMT

Brightoil acquires five VLCCs
02 Sep 2010 05:28 GMT
Bunker supplier in agreement to build five VLCCs at a total cost of US$537.5 million.

Aegean to present at New York event
02 Sep 2010 04:11 GMT
President to present at the 7th Annual Global Shipping & Logistics Conference.

Praxis Market Update
01 Sep 2010 14:11 GMT

Rotterdam Market Report
01 Sep 2010 12:55 GMT

Lintec: Fuel samples failing new ECA test
01 Sep 2010 12:32 GMT
Testing agency says bunker samples have been exceeding the 1 percent ECA sulphur limit.

Market Briefing
01 Sep 2010 11:22 GMT
Oil prices drop prior to manufacturing data ($74.8)

Expansion at Dan-Bunkering Singapore
01 Sep 2010 09:21 GMT
Experienced trader Mads Holm relocates to Dan-Bunkering's Singapore office.

Rotterdam 380-cst average up 3.1% in August
01 Sep 2010 06:36 GMT
Average 380-centistoke price rises by $13 per tonne at Europe's top bunker port.

Singapore 380-cst average up $7 in August
01 Sep 2010 06:26 GMT
Average price of 380-centistoke rises by 1.6 percent at the world's leading bunker port.

BIX global average up 1.7% in August
01 Sep 2010 06:16 GMT
Average monthly global bunker price increases for the first time since April 2010.

Singapore Market Commentary
01 Sep 2010 06:11 GMT

Bunker Index (BIX) statistical summary
01 Sep 2010 06:02 GMT
Key monthly Bunker Index (BIX) data provided in price summary.



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