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Home » News » News Archive - December 2010


News Archive - December 2010

Praxis Market Update
30 Dec 2010 15:12 GMT

Global Vision Market Report
30 Dec 2010 14:21 GMT

Wärtsilä launches more powerful engine
30 Dec 2010 14:14 GMT
New engine is said to operate 'efficiently and economically' on low sulphur fuels.

Market Briefing
30 Dec 2010 11:24 GMT
Oil sideways despite cooling Chinese economy (Brent: $94)

Rotterdam Market Report
30 Dec 2010 11:14 GMT

Bunker cargo heads for Sri Lanka
30 Dec 2010 10:22 GMT
Fuel oil parcel expected to arrive in Colombo next week.

Utility in 60,000-tonne fuel oil deal
30 Dec 2010 08:47 GMT
Two 30,000-tonne fuel oil cargoes are scheduled for delivery in January 2011.

ESI boasts over 100 applicants
30 Dec 2010 07:17 GMT
Over one hundred ships are said to have already applied for the Environmental Ship Index.

Freight volumes up 13% in Antwerp
30 Dec 2010 06:49 GMT
Container freight and liquid bulk set new records as Antwerp handles 178 million tonnes of freight in 2010.

Singapore Market Commentary (with evening update)
30 Dec 2010 05:58 GMT

Praxis Market Update
29 Dec 2010 14:43 GMT

Ningbo terminal gets government go-ahead
29 Dec 2010 14:28 GMT
China's largest crude oil terminal enters implementation stage.

Oil terminal launched in Zhanjiang
29 Dec 2010 13:15 GMT
Zhanjiang raises capacity with the launch of its second VLCC-size oil terminal.

Global Vision Market Report
29 Dec 2010 13:09 GMT

Rotterdam Market Report
29 Dec 2010 12:14 GMT

Market Briefing
29 Dec 2010 11:21 GMT

Report examines GHG-reducing options
29 Dec 2010 08:04 GMT
Article with link to 68-page report included.

Singapore Market Commentary (with evening update)
29 Dec 2010 05:42 GMT

Mitsubishi eyes Fujairah storage, bunkering
28 Dec 2010 17:27 GMT
Trading giant in discussions to build an oil and petrochemical storage facility in Fujairah.

Copec launches new barge service
28 Dec 2010 14:57 GMT
Supplier begins carrying out barge deliveries at three northern ports.

Global Vision Market Report
28 Dec 2010 14:34 GMT

Praxis Market Update
28 Dec 2010 14:29 GMT

World's largest coal receiving terminal launched
28 Dec 2010 13:56 GMT
Boost for bunkering as operations commence at Mundra coal handling terminal.

Rotterdam Market Report
28 Dec 2010 12:18 GMT

Market Briefing
28 Dec 2010 11:16 GMT

CPC to re-enter bunker market
28 Dec 2010 08:26 GMT
State enterprise plans to commence bunkering operations in Sri Lanka during the first quarter of 2011.

Singapore Market Commentary (with evening update)
28 Dec 2010 05:34 GMT

EPA 'moving forward' on GHG standards
24 Dec 2010 16:47 GMT
Plan issued to establish new GHG pollution standards for fossil fuel power plants and refineries.

Branson: Cleaner ships should be refuelled first
24 Dec 2010 16:42 GMT
Virgin Chairman suggests the most energy-efficient ships should be given priority when refuelling.

No plans to convert Stanlow refinery
24 Dec 2010 15:32 GMT
Shell says Stanlow plant will not be closed down or converted into a terminal if sale talks fail.

Global Vision Market Report
24 Dec 2010 14:14 GMT

Rotterdam Market Report
24 Dec 2010 10:27 GMT

Singapore Market Commentary (with afternoon update)
24 Dec 2010 06:11 GMT

Praxis Market Update
23 Dec 2010 14:17 GMT

Agreement to build LNG-powered ferry
23 Dec 2010 13:56 GMT
'New generation' cruise ferry is scheduled to be completed in 2013.

Global Vision Market Report
23 Dec 2010 13:33 GMT

Rotterdam Market Report
23 Dec 2010 10:57 GMT

Market Briefing
23 Dec 2010 09:46 GMT
Oil higher on confirmed lower inventories (Brent: $93.7)

Aegean share price jumps almost 10%
23 Dec 2010 09:27 GMT
Share value rises on news that Aegean plans to launch supply operations in Cape Verde.

Petroval acquisition completed
23 Dec 2010 08:42 GMT
Acquisition of Dutch fuel oil firm goes through following issue of 16.8 million shares.

Singapore Market Commentary (with evening update)
23 Dec 2010 05:55 GMT

Hin Leong awaits refinery approval
22 Dec 2010 20:21 GMT
Oil trading firm submits proposal to Singapore government to build the city-state's fourth refining plant.

Global Vision Market Report
22 Dec 2010 14:31 GMT

Praxis Market Update
22 Dec 2010 13:03 GMT

Market Briefing
22 Dec 2010 12:48 GMT
Oil higher on lower inventories (Brent: $93.4)

Rotterdam Market Report
22 Dec 2010 10:18 GMT

Singapore Market Commentary (with evening update)
22 Dec 2010 09:26 GMT

Dan-Bunkering to open Monaco office
22 Dec 2010 08:16 GMT
Danish firm to launch new office in the first quarter of 2011.

Aegean to supply in Cape Verde
22 Dec 2010 07:52 GMT
Supplier expects to commence operations by the end of the first quarter of 2011.

Oil firm buys 10 fuel oil cargoes
22 Dec 2010 07:41 GMT
Higher premiums paid due to tight supply of cutter stock.

Report: Seaborne trade down 4.5 percent
21 Dec 2010 19:34 GMT
Shipping industry recovering, but still hampered by oversupply of vessels and depressed freight rates, says review.

Global Vision Market Report
21 Dec 2010 14:56 GMT

Praxis Market Update
21 Dec 2010 14:50 GMT

Rotterdam Market Report
21 Dec 2010 12:07 GMT

Market Briefing
21 Dec 2010 10:56 GMT
Oil higher on Chinese demand (Brent: $92.8)

Buckeye to acquire 80% stake in BORCO
21 Dec 2010 10:41 GMT
US firm in agreement to gain a majority interest in Bahamas oil storage terminal.

Refiner ups December fuel oil exports
21 Dec 2010 08:07 GMT
Fuel oil export volumes rise to highest in five years during the month of December.

Andatee CEO buys more shares
21 Dec 2010 07:05 GMT
An Fengbin purchases more Andatee shares as part of buyback plan.

Singapore Market Commentary (with evening update)
21 Dec 2010 05:56 GMT

Global Vision Market Report
20 Dec 2010 14:55 GMT

Praxis Market Update
20 Dec 2010 14:51 GMT

WFS to acquire Nordic Camp Supply
20 Dec 2010 13:08 GMT
Latest World Fuel Services acquisition is expected to be completed within the next 30 days.

Rotterdam Market Report
20 Dec 2010 11:42 GMT

Eidesvik orders LNG-powered ship
20 Dec 2010 10:47 GMT
Platform supply vessel to include dual-fuel technology.

Market Briefing
20 Dec 2010 10:04 GMT
Cold weather supports - oil is trading sideways due to EU and Korea worries (Brent: 91.8)

Lyttelton to build cruise berth
20 Dec 2010 08:24 GMT
'Substantial' increase in cruise ship visits forecast for the next 10 to 15 years.

Fuel oil blending project gets green light
20 Dec 2010 07:01 GMT
Environmental clearance given to 10 million-tonne project in Guangdong

Singapore Market Commentary (with evening update)
20 Dec 2010 05:54 GMT

Praxis Market Update
17 Dec 2010 16:32 GMT

Global Vision Market Report
17 Dec 2010 14:31 GMT

Rotterdam Market Report
17 Dec 2010 14:02 GMT

RWE steps up fuel oil selling strategy
17 Dec 2010 13:50 GMT
German utility is reported to have sold large volumes of fuel oil swaps this week.

Market Briefing
17 Dec 2010 09:52 GMT
Oil sideways - waiting for EU (Brent: $92)

Southampton to build fifth cruise terminal
17 Dec 2010 09:02 GMT
Boost for bunkering as UK cruise ship visits look set to increase further over the next few years.

Bunker surcharge on shipments to Canada
17 Dec 2010 07:44 GMT
Surcharge to be levied on shipments from Asia to Canada in January.

Andatee CEO buys 12,387 shares
17 Dec 2010 06:34 GMT
An Fengbin buys more shares as part of repurchase plan.

Singapore Market Commentary (with evening update)
17 Dec 2010 05:27 GMT

Global Vision Market Report
16 Dec 2010 18:54 GMT

Fujairah to receive $1bn development funding
16 Dec 2010 18:28 GMT
UAE government to invest $1 billion in development projects over the next three years.

New address for SABT
16 Dec 2010 17:51 GMT
South African Bunkering and Trading announces that it is relocating to the suburb of Milnerton.

Praxis Market Update
16 Dec 2010 14:31 GMT

WFS announces Hiller Group acquisition
16 Dec 2010 12:42 GMT
World Fuel Services acquisition is expected to be completed within the next 30 days.

Survey: Shipping confidence dips again
16 Dec 2010 12:37 GMT
Survey says confidence levels in the shipping industry dropped for the second successive quarter.

Rotterdam Market Report
16 Dec 2010 10:51 GMT

Market Briefing
16 Dec 2010 09:14 GMT
Oil higher as crude inventories drop heavily (Brent: $92)

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

OW Bunker launches barge in Gothenburg
15 Dec 2010 20:52 GMT
Supplier expands physical operations in Sweden with double-hulled barge.

Global Vision Market Report
15 Dec 2010 15:24 GMT

Rosneft launches UK office
15 Dec 2010 14:52 GMT
Russian oil firm starts marine fuels operation in London.

Praxis Market Update
15 Dec 2010 13:32 GMT

Rotterdam Market Report
15 Dec 2010 12:37 GMT

Wärtsilä joins green initiative
15 Dec 2010 11:28 GMT
Engine manufacturer becomes latest high-profile firm to join industry taskforce.

Market Briefing
15 Dec 2010 10:31 GMT
Oil down on downgrade (Brent: $90.6)

Promotion announced at Dan-Bunkering
15 Dec 2010 10:23 GMT
Alex Qin is promoted to the role of Senior Bunker Trader & Team Leader.

ICE launches new OTC fuel oil contracts
15 Dec 2010 08:42 GMT

Cyprus invites interest in Vasilikos terminal
15 Dec 2010 07:14 GMT
Potential investors are invited to express their interest in the development of a fuel storage terminal.

Fujairah terminal to be completed in 18 months
14 Dec 2010 17:24 GMT
Oil terminal construction is expected to be finished in a year and a half.

Odfjell eyes Rotterdam terminal expansion
14 Dec 2010 16:32 GMT
Operator says it is evaluating a number of strategic alternatives for its tank terminal in Rotterdam.

Praxis Market Update
14 Dec 2010 14:10 GMT

Global Vision Market Report
14 Dec 2010 13:38 GMT

Asia-Australia lines set bunker surcharge
14 Dec 2010 13:22 GMT
AADA to implement new surcharge for shipments from Hong Kong and China to Australia.

Petrobras closing early
14 Dec 2010 12:53 GMT
Brazilian supplier to close Rio de Janeiro office at 3pm local time today.

Rotterdam Market Report
14 Dec 2010 10:41 GMT

Market Briefing
14 Dec 2010 10:34 GMT
Oil prices stagnant - awaiting the FED (Brent: $91)

IMO: Cancun Conference 'a success'
14 Dec 2010 07:47 GMT
Secretary-General says IMO will need to 'redouble its efforts' to make further progress.

Singapore Market Commentary (with evening update)
14 Dec 2010 05:47 GMT

Singapore sales drop 6.9% in November
13 Dec 2010 20:24 GMT
500-cst volumes plummet 23% as total monthly sales fall to lowest level since February.

Global Vision Market Report
13 Dec 2010 15:42 GMT

Praxis Market Update
13 Dec 2010 13:08 GMT

Market Briefing
13 Dec 2010 12:53 GMT
Oil higher on China (Brent: $92)

Rotterdam Market Report
13 Dec 2010 11:17 GMT

Air technology program wins green award
13 Dec 2010 09:38 GMT
Initiative lauded for seeking to accelerate the commercialization of port-related emission reduction technologies.

Chevron terminal lease extended
13 Dec 2010 07:52 GMT
Oil major wins vote to lease offshore marine oil terminal for a further 30 years.

Shore power launched in San Diego
13 Dec 2010 06:36 GMT
San Diego becomes the fifth port in the world to provide shore-side electrical power for cruise ships.

Singapore Market Commentary (with evening update)
13 Dec 2010 05:38 GMT

Ship-Service appoints bunker trader
10 Dec 2010 13:34 GMT
Polish supplier announces the appointment of a bunker trader at its office in Szczecin.

Praxis Market Update
10 Dec 2010 13:17 GMT

Global Vision Market Report
10 Dec 2010 13:06 GMT

Rotterdam Market Report
10 Dec 2010 12:13 GMT

Market Briefing
10 Dec 2010 11:02 GMT
Oil higher on Chinese trade growth (Brent: $91.2)

Singapore Market Commentary (with evening update)
10 Dec 2010 09:43 GMT

Cruise line lauded for green initiatives
10 Dec 2010 08:54 GMT
US firm honoured for its efforts to conserve fuel and its use of shore power in a number of ports.

ICS: Carbon War Room data 'misleading'
10 Dec 2010 07:01 GMT
ICS says it is inappropriate for the EEDI to be used to derive scores for different classes of ships.

Andatee CEO buys more shares
10 Dec 2010 06:25 GMT
An Fengbin purchases a further 9,988 shares as part of buyback plan.

Deal to develop integrated ship solutions
09:Dec 2010 16:42 GMT
Joint project will aim to optimize integrated propulsion and manoeuvring solutions to reduce fuel consumption.

Kittiwake acquires emissions monitoring firm
09 Dec 2010 16:12 GMT
Acquisition of leading manufacturer of emissions monitoring systems is confirmed.

Global Vision Market Report
09 Dec 2010 13:57 GMT

Praxis Market Update
09 Dec 2010 13:46 GMT

Trading operation launched in Far East Russia
09 Dec 2010 11:04 GMT
Newly-appointed bunker trader to focus on sales in Far East Russian ports.

Market Briefing
09 Dec 2010 10:31 GMT
Oil down on inventory data – up on stock markets (Brent: $91.5)

Rotterdam Market Report
09 Dec 2010 10:14 GMT

Increased activity for Global Risk in Singapore
09 Dec 2010 09:09 GMT
Hedging firm says the rise in bunker sales has had a positive effect on the performance of its Singapore branch.

Singapore Market Commentary (with evening update)
09 Dec 2010 05:42 GMT

Praxis Market Update
08 Dec 2010 15:41 GMT

Cyprus terminal construction to begin in January
08 Dec 2010 13:48 GMT
VTTI to begin construction work on its oil storage terminal in Vasiliko next month.

Global Vision Market Report
08 Dec 2010 13:01 GMT

Rotterdam Market Report
08 Dec 2010 12:32 GMT

Market Briefing
08 Dec 2010 10:16 GMT
Oil lower on higher product supply (Brent: $90.8)

Andatee CEO buys 13,050 shares
08 Dec 2010 08:07 GMT
An Fengbin has now purchased over 37,000 Andatee shares since November 23rd.

FuelTrax U.S. patent 'successfully defended'
08 Dec 2010 07:52 GMT
Nautical Control Solutions says it has settled recent claims regarding patent infringement.

Vopak concludes JPY 20 billion notes issuance
08 Dec 2010 07:08 GMT
Terminal operator secures new term loan issuance in the Asian market.

Singapore Market Commentary (with evening update)
08 Dec 2010 05:58 GMT

Marine lubricant 'sets new standards'
07 Dec 2010 16:52 GMT
Lubricant is said to improve the performance of medium-speed engines whilst also achieving savings.

Global Vision Market Report
07 Dec 2010 14:52 GMT

Praxis Market Update
07 Dec 2010 14:42 GMT

DNV launches LNG-powered VLCC concept
07 Dec 2010 13:22 GMT
DNV CEO says the majority of owners will order LNG-fuelled ships by 2020.

Rotterdam Market Report
07 Dec 2010 11:45 GMT

Market Briefing
07 Dec 2010 10:22 GMT
Oil steady at high levels on cold weather (Brent: $91.5)

Sinopec signs lube supply agreements
07 Dec 2010 09:09 GMT
China's largest refiner inks marine lubricant deals with shipping companies.

Socar plans to launch bunker business in Singapore
07 Dec 2010 08:02 GMT
Plan to start marine fuels business in city-state forms part of 2011 expansion strategy.

St. Petersburg: Fuel oil export rise in November
07 Dec 2010 06:15 GMT
Terminal records a 60,000-tonne rise in fuel oil exports during the month of November.

Singapore Market Commentary (with evening update)
07 Dec 2010 05:01 GMT

Chemoil sells shares in Indian JV
06 Dec 2010 17:37 GMT
Chemoil reduces shareholding in Chemoil-Adani to 49 percent.

WFS buys Shell's downstream businesses in Gibraltar
06 Dec 2010 16:42 GMT
World Fuel Services acquisition includes Shell's bunkering operations in Gibraltar.

Global Vision Market Report
06 Dec 2010 14:08 GMT

Praxis Market Update
06 Dec 2010 13:57 GMT

Market Briefing
06 Dec 2010 12:46 GMT
Oil higher with speculation and weather forecasts (Brent: $91.5)

Rotterdam Market Report
06 Dec 2010 10:38 GMT

Web service tracks shipping emissions
06 Dec 2010 09:23 GMT
New online service compares the carbon emissions of shipping vessels.

Singapore Market Commentary (with evening update)
06 Dec 2010 08:28 GMT

Project aims to reduce fuel consumption
06 Dec 2010 06:05 GMT
Joint research project aims to achieve 'substantial' reductions in fuel consumption.

Global Vision Market Report
03 Dec 2010 14:31 GMT

Praxis Market Update
03 Dec 2010 13:19 GMT

Rotterdam Market Report
03 Dec 2010 13:02 GMT

Market Briefing
03 Dec 2010 11:13 GMT
Oil higher on home market recovery (Brent: $90.5)

Fuel efficiency DVD is launched
03 Dec 2010 09:02 GMT
Training package is designed to help shipping firms increase energy efficiency in their operations.

2011 launch for first hydrogen-powered ferry
03 Dec 2010 08:38 GMT
Ferry to be powered by hydrogen fuel cells, diesel engines, solar panels and wind turbines.

CMA CGM: 'Committed' to cutting emissions
03 Dec 2010 06:54 GMT
Shipping group aims to further reduce CO2 emissions with its environmental strategy.

Singapore Market Commentary (with evening update)
03 Dec 2010 05:35 GMT

Baltic Oil Terminals to buy Petroval Bunker
02 Dec 2010 17:24 GMT
Acquisition of Dutch fuel oil firm is expected to be completed before the end of December.

Praxis Market Update
02 Dec 2010 16:32 GMT

Global Vision Market Report
02 Dec 2010 14:24 GMT

Agreement to build LNG-powered vessel
02 Dec 2010 14:18 GMT
Natural gas-powered ship is scheduled for delivery in 2012.

World Fuel Services declares cash dividend
02 Dec 2010 12:42 GMT
Quarterly cash dividend follows 26.5 percent rise in third quarter net income.

Rotterdam Market Report
02 Dec 2010 11:04 GMT

Market Briefing
02 Dec 2010 10:46 GMT
Oil higher on US economic data - awaits ECB (Brent: $89)

More shares for Andatee CEO
02 Dec 2010 07:42 GMT
An Fengbin purchases a further 9,050 shares as part of buyback plan.

Singapore Market Commentary (with evening update)
02 Dec 2010 06:03 GMT

Chemoil establishes subsidiary in Singapore
01 Dec 2010 16:12 GMT
New wholly-owned subsidiary, Chemoil Marine Fuel Pte. Ltd., is incorporated in Singapore.

Project to develop LNG-fuelled towboat
01 Dec 2010 14:44 GMT
Key driver behind the project is said to be the limited refining capacity for low sulphur fuel.

Praxis Market Update
01 Dec 2010 13:18 GMT

Rotterdam Market Report
01 Dec 2010 13:05 GMT

Global Vision Market Report
01 Dec 2010 12:24 GMT

New registered address for Ship-Service
01 Dec 2010 10:35 GMT
Polish supplier announces new registered office address.

Market Briefing
01 Dec 2010 09:11 GMT
Oil rebound on China after day in Southern Europe (Brent: $86.6)

US port approves 2011 green budget
01 Dec 2010 07:42 GMT
Port to continue investing in emissions reduction programs following 2011 budget approval.

380-cst Nov average up 3.1% in Rotterdam
01 Dec 2010 06:36 GMT
Average 380-centistoke price increases by $14 per tonne at Europe's top bunker port in November.

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

Singapore Market Commentary (with evening update)
01 Dec 2010 05:08 GMT



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