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Home » News » News Archive - February 2011


News Archive - February 2011

UK: KPI Bridge Oil appoints trader
25 Feb 2011 18:31 GMT
Bunker trader joins KPI Bridge Oil's London office.

Praxis Market Update
25 Feb 2011 16:56 GMT

Global Vision Market Report
25 Feb 2011 16:48 GMT

Wilhelmsen to coordinate bunkering for LNG project
25 Feb 2011 15:34 GMT
Wilhelmsen Ships Service to provide bunkering support to Australian oil and gas project.

Bunkers International opens Hong Kong office
25 Feb 2011 15:10 GMT
Sales operation up and running as former OW Bunker trader joins Bunkers International.

Market Briefing
25 Feb 2011 11:21 GMT

Rotterdam Market Report
25 Feb 2011 10:55 GMT

WFS posts 25% rise in 2010 net income
25 Feb 2011 08:54 GMT
Record year for World Fuel Services as net income increases by US$29.8 million.

Singapore Market Commentary (with evening update)
25 Feb 2011 06:48 GMT

Praxis Market Update
24 Feb 2011 17:08 GMT

Cockett barge arrives on the Thames
24 Feb 2011 16:14 GMT
Cockett Marine announces the return of its barge to the UK bunker market.

NWE average jumps $30.54 per tonne
24 Feb 2011 14:56 GMT
380-cst and 180-cst prices climb 5.7 percent in North West Europe.

Global Vision Market Report
24 Feb 2011 13:31 GMT

Market Briefing
24 Feb 2011 13:21 GMT
Oil prices jump on contagion fears (Brent: $113).

Vitol trading volumes up 25% in 2010
24 Feb 2011 10:45 GMT
Revenues bolstered by an increase in traded volumes and higher oil prices.

Dan-Bunkering announces promotion
24 Feb 2011 10:27 GMT
Member of staff promoted to the role of Business Controller at Dan-Bunkering's head office.

Rotterdam Market Report
24 Feb 2011 10:07 GMT

Singapore Market Commentary (with evening update)
24 Feb 2011 06:51 GMT

Praxis Market Update
23 Feb 2011 17:07 GMT

Brightoil posts 17% rise in gross profit
23 Feb 2011 15:55 GMT
Total revenue up 109 percent as sales volumes rise by 1.7 million tonnes.

Market Briefing
23 Feb 2011 12:21 GMT
Oil steadies at high level.

Rotterdam Market Report
23 Feb 2011 11:15 GMT

Tender to buy four fuel oil cargoes
23 Feb 2011 08:30 GMT
Oil firm seeks fuel oil parcels for loading in March.

Report recommends LNG for North America
23 Feb 2011 08:03 GMT
Study says LNG is the most economical way to meet new emissions requirements in the US and Canada.

Singapore Market Commentary (with evening update)
23 Feb 2011 06:51 GMT

Solar and wind power project continues
22 Feb 2011 15:53 GMT
Decision taken to proceed with project to develop a solar and wind power system for ships.

Praxis Market Update
22 Feb 2011 14:57 GMT

Ship achieves trim-related fuel savings
22 Feb 2011 13:57 GMT
Vessel cuts fuel consumption by 3.1 percent over a 500-day period.

Second acquisition for Kirby
22 Feb 2011 13:31 GMT
US transportation firm follows up bunker acquisition with agreement to buy United Holings.

Market Briefing
22 Feb 2011 11:57 GMT
Oil jumps as Gaddafi says he will stay and fight.

Rotterdam Market Report
22 Feb 2011 10:52 GMT

Singapore Market Commentary (with evening update)
22 Feb 2011 09:11 GMT

Shell sells Africa downstream assets
21 Feb 2011 18:31 GMT
Vitol partnership to buy a majority stake in most of Shell's downstream businesses in Africa.

Praxis Market Update
21 Feb 2011 16:21 GMT

Oil spill ship carrying 800mt of fuel
21 Feb 2011 15:51 GMT
Containership is estimated to have been carrying as much as 800 tonnes of bunker fuel when it ran aground.

Market Briefing
21 Feb 2011 11:56 GMT
Oil up again on spreading Middle Eastern worries.

Rotterdam Market Report
21 Feb 2011 10:42 GMT

Refiner sells 80,000-tonne cargo
21 Feb 2011 09:02 GMT
380-centistoke parcel is scheduled for lifting in April.

Maersk orders mega-sized container ships
21 Feb 2011 07:42 GMT
Container shipper orders 10 record-sized vessels in period of rising bunker prices.

Singapore Market Commentary (with evening update)
21 Feb 2011 04:47 GMT

Shell refinery deal includes marine fuels operation
18 Feb 2011 19:31 GMT
UK refinery sale includes the oil major's local marine fuels businesses associated with the plant.

KPI Bridge Oil opens office in Florida
18 Feb 2011 16:33 GMT
Bunker group launches fourth office in the Americas.

Praxis Market Update
18 Feb 2011 14:20 GMT

Global Vision Market Report
18 Feb 2011 13:24 GMT

Rotterdam Market Report
18 Feb 2011 11:47 GMT

Market Briefing
18 Feb 2011 11:44 GMT
Oil gains stall after hitting 104.62.

Fuel-saving fluoropolymer foul release coating
18 Feb 2011 08:47 GMT
Study says fluoropolymer foul release technology can cut fuel costs by 9 percent.

Aegean to hold conference call and webcast
18 Feb 2011 07:52 GMT
Bunker supplier to discuss fourth quarter 2010 results in March.

ECA fuel management system launched
18 Feb 2011 07:28 GMT
System is said to switch fuels and mix them in correct ratios in accordance with ECA regulations.

Singapore Market Commentary (with evening update)
18 Feb 2011 06:28 GMT

Praxis Market Update
17 Feb 2011 16:52 GMT

Global Vision Market Report
17 Feb 2011 16:21 GMT

Experienced trader joins KPI Bridge Oil
17 Feb 2011 13:57 GMT
Nick Fuca joins KPI Bridge Oil's trading team in New York.

OW Bunker records $48m profit in 2010
17 Feb 2011 13:31 GMT
Bunker firm announces record year as pre-tax profits on unaudited accounts rise by 50 percent.

Market Briefing
17 Feb 2011 11:21 GMT
Oil higher on Middle East worries and growth.

Rotterdam Market Report
17 Feb 2011 10:33 GMT

Island Oil appoints bunker trader
17 Feb 2011 10:28 GMT
Former Praxis trader joins Island Oil (Hellas) Ltd.

Singapore Market Commentary (with evening update)
17 Feb 2011 09:42 GMT

Praxis Market Update
16 Feb 2011 16:32 GMT

Global Vision Market Report
16 Feb 2011 13:46 GMT

Market Briefing
16 Feb 2011 12:12 GMT
Oil down on central bank worries – up on bullish API numbers.

Rotterdam Market Report
16 Feb 2011 11:48 GMT

Project to develop low-speed gas engines
16 Feb 2011 11:15 GMT
Wärtsilä says 'time is right' to further develop natural gas solutions for shipping.

Oil spill contingency plan for Barents Sea
16 Feb 2011 10:39 GMT
Owners invited to participate in newly-established oil spill response initiative.

IBIA to hold convention meeting
16 Feb 2011 10:25 GMT
Meeting to be held next week to discuss the programme for the upcoming IBIA Annual Convention.

IBIA attends EU GHG meeting
16 Feb 2011 10:12 GMT
Association attends Brussels meeting on reducing greenhouse gas emissions from ships.

Singapore Market Commentary (with evening update)
16 Feb 2011 06:26 GMT

Office move for KPI Bridge Oil New York
15 Feb 2011 18:42 GMT
KPI Bridge Oil New York moves into new offices to accommodate further expansion.

Praxis Market Update
15 Feb 2011 13:45 GMT

NWE average climbs $16.82 per tonne
15 Feb 2011 13:40 GMT
BIX NWE increases by 2.6 percent as bunker prices surge across North West Europe.

Med average up $23.90 per tonne
15 Feb 2011 13:15 GMT
BIX MED rises 3.5 percent as bunker prices skyrocket in the Mediterranean.

Global Vision Market Report
15 Feb 2011 12:19 GMT

Market Briefing
15 Feb 2011 12:06 GMT
Spreading demonstrations make oil prices increase.

Rotterdam Market Report
15 Feb 2011 11:22 GMT

Dan-Bunkering appoints bunker trader
15 Feb 2011 08:31 GMT
Latest appointment joins the company's sales team in Middelfart, Denmark.

Singapore Market Commentary (with evening update)
15 Feb 2011 06:28 GMT

Praxis Market Update
14 Feb 2011 14:21 GMT

Global Vision Market Report
14 Feb 2011 13:07 GMT

Rotterdam Market Report
14 Feb 2011 11:15 GMT

Economic Events: Week 7, 2011
14 Feb 2011 11:14 GMT

Market Briefing
14 Feb 2011 11:08 GMT
Oil sideways as Mubarak leaves office.

Chemoil appoints VP of Administration and Human Resources
14 Feb 2011 10:38 GMT
Newly-appointed VP to oversee all corporate and administrative matters affecting personnel.

Singapore Market Commentary (with evening update)
14 Feb 2011 09:21 GMT

Project to build 'new generation' cruise ship
14 Feb 2011 09:11 GMT
Royal Caribbean signs letter of intent to construct fuel-efficient cruise vessel.

Agreement to build Pipavav oil terminal
14 Feb 2011 06:51 GMT
Oil terminal project to include the storage of fuel oil at Indian port.

Praxis Market Update
11 Feb 2011 14:51 GMT

Global Vision Market Report
11 Feb 2011 14:41 GMT

Rotterdam Market Report
11 Feb 2011 12:31 GMT

Market Briefing
11 Feb 2011 12:14 GMT
Oil down and up on rumoured Mubarak exit.

Spain: Bunker strike pushed back
11 Feb 2011 09:04 GMT
Today's strike by bunker delivery workers is postponed until next week.

Stebbins to present at Florida event
11 Feb 2011 07:18 GMT
World Fuel Services chairman and chief financial officer are both scheduled to present at US conference.

Chemoil posts $9.5 million loss in 2010
11 Feb 2011 07:02 GMT
Net loss said to be mainly due to losses incured in the first quarter and the slow pace of margin recovery.

WFS to hold conference call and webcast
11 Feb 2011 06:05 GMT
Management team to discuss the company's fourth quarter and year-end results in conference call and webcast.

Singapore Market Commentary (with evening update)
11 Feb 2011 05:56 GMT

Market Briefing
10 Feb 2011 14:31 GMT
Oil higher on rumours (Brent: 103)

Aegean facing class action lawsuit
10 Feb 2011 14:29 GMT
US law firm files class action suit against bunker supplier Aegean Marine Petroleum.

Chemoil appoints non-executive director
10 Feb 2011 14:04 GMT
Glencore senior trading manager joins Chemoil's board of directors.

Singapore fuel oil stocks down 17 percent
10 Feb 2011 13:31 GMT
Largest slide for 17 months as stockpiles fall by 3.3 million barrels.

Global Vision Market Report
10 Feb 2011 13:06 GMT

Praxis Market Update
10 Feb 2011 12:18 GMT

Rotterdam Market Report
10 Feb 2011 11:08 GMT

Charleston cruise terminal completion by Q3 2012
10 Feb 2011 10:14 GMT
US port moves forward with plan to increase cruise ship traffic with new cruise terminal project.

Cruise line to save fuel with propulsion system
10 Feb 2011 08:48 GMT

Singapore Market Commentary (with evening update)
10 Feb 2011 06:42 GMT

Praxis Market Update
09 Feb 2011 15:46 GMT

Global Vision Market Report
09 Feb 2011 15:12 GMT

Two 380-cst cargoes sold in Singapore
09 Feb 2011 13:37 GMT
20,000-tonne parcels of 380-centistoke are scheduled for loading in March.

Market Briefing
09 Feb 2011 12:12 GMT
Oil down on interest rate hike from China - jump on Suez (Brent: $100)

Rotterdam Market Report
09 Feb 2011 10:38 GMT

Ferry line to install 'fuel-saving' technology
09 Feb 2011 10:14 GMT
Leading cruise ferry line aims to reduce fuel consumption with decision support system.

Fuel oil usage up 96.5% for utility
09 Feb 2011 08:28 GMT
Consumption of fuel oil skyrockets in January as cold weather leads to increase in demand.

OW Bunker to strengthen West Africa operation
09 Feb 2011 08:21 GMT
Bunker supplier to increase its presence in West Africa with two newbuild vessels.

Singapore Market Commentary (with evening update)
09 Feb 2011 06:45 GMT

Hamburg forecasts rise in mega-ship calls
08 Feb 2011 17:08 GMT
Increasing number of large ships expected to call at Hamburg in 2011.

EMSA tender for oil spill recovery vessels
08 Feb 2011 13:31 GMT
EMSA to hold open information meetings about the tender in four European cities.

Praxis Market Update
08 Feb 2011 12:59 GMT

Global Vision Market Report
08 Feb 2011 12:39 GMT

Market Briefing
08 Feb 2011 12:18 GMT
Oil prices fall on Egypt and China (Brent: $98)

Rotterdam Market Report
08 Feb 2011 11:51 GMT

Refiner issues three 80,000-tonne tenders
08 Feb 2011 09:21 GMT
380-centistoke cargoes are scheduled for lifting between March and May.

Singapore Market Commentary (with evening update)
08 Feb 2011 5:46 GMT

Praxis Market Update
07 Feb 2011 15:51 GMT

Dan-Bunkering launches Monaco office
07 Feb 2011 15:32 GMT
Dan-Bunkering (Monaco) S.A.M. is open for business.

Bominflot announces joint venture in Peru
07 Feb 2011 14:18 GMT
Supply venture launched for bunker deliveries in the port of Callao.

Global Vision Market Report
07 Feb 2011 14:02 GMT

IBIA expands Singapore team
07 Feb 2011 11:50 GMT
Association appoints regional manager for its Singapore branch.

Rotterdam Market Report
07 Feb 2011 11:41 GMT

Market Briefing
07 Feb 2011 10:06 GMT
Egypt crisis contained (Brent: $100)

Singapore Market Commentary (with evening update)
07 Feb 2011 07:33 GMT

Vopak closes EUR 1.2 billion credit facility
04 Feb 2011 19:46 GMT
New revolving credit facility will be used to support Vopak’s growth strategy.

Praxis Market Update
04 Feb 2011 16:07 GMT

Agreement to supply gas-fuelled ferries
04 Feb 2011 14:42 GMT
Contract to provide engines and propulsion equipment for gas-powered vessels.

Oakland a step closer to shore power
04 Feb 2011 14:31 GMT
Air District approves $5 million for port’s shore power project.

Market Briefing
04 Feb 2011 13:26 GMT

Global Vision Market Report
04 Feb 2011 13:21 GMT

Rotterdam Market Report
04 Feb 2011 11:21 GMT

IMO to discuss provisions for gas-fuelled ships
04 Feb 2011 10:07 GMT
Sub-Committee to convene in London next week to discuss the issue of gas-powered ships.

First fuel oil cargo for Ust-Luga terminal
03 Feb 2011 19:32 GMT
44,000-tonne lot is the first cargo of hydrocarbons to be loaded from Ust-Luga's new oil product terminal.

Praxis Market Update
03 Feb 2011 14:41 GMT

Global Vision Market Report
03 Feb 2011 13:53 GMT

Aegean expecting Q4 2010 loss
03 Feb 2011 13:22 GMT
Supplier says it expects to post a net loss of US$12-13 million for the fourth quarter of 2010.

Harley Marine acquires MGI
03 Feb 2011 13:06 GMT
Twelve barges are added to Harley Marine's fleet in the US Gulf.

Med average up 7.4% since Jan 26
03 Feb 2011 12:38 GMT
BIX MED rises for the sixth consecutive day as regional average jumps $11.38 per tonne.

Rotterdam Market Report
03 Feb 2011 10:15 GMT

Market Briefing
03 Feb 2011 08:58 GMT

US shipper ups fuel surcharge
02 Feb 2011 16:12 GMT
Shipping firm matches main rival and increases fuel fee by 4.75 percentage points.

Matson raises fuel surcharge
02 Feb 2011 15:40 GMT
Shipper increases surcharge for the first time since February 2010.

Global Vision Market Report
02 Feb 2011 15:38 GMT

Praxis Market Update
02 Feb 2011 13:41 GMT

Market Briefing
02 Feb 2011 13:13 GMT

Rotterdam Market Report
02 Feb 2011 10:27 GMT

Petrobras announces trader replacement
02 Feb 2011 07:18 GMT
Bunker trader to assist customers with enquiries for Argentina and Uruguay.

Singapore Market Commentary (with afternoon update)
02 Feb 2011 06:57 GMT

Global Vision Market Report
01 Feb 2011 17:14 GMT

Trader joins KPI Bridge Oil Singapore
01 Feb 2011 15:32 GMT
KPI Bridge Oil appoints bunker trader for its Singapore office.

Rotterdam Market Report
01 Feb 2011 11:21 GMT

Market Briefing
01 Feb 2011 11:17 GMT

Engine launched for LPG-powered ships
01 Feb 2011 10:41 GMT

Rotterdam 380-cst average up 5.4% in January
01 Feb 2011 07:18 GMT
Average 380-centistoke price rises by $26 per tonne at Europe's top bunker port in January.

Bunker Index (BIX) statistical summary
01 Feb 2011 07:06 GMT
Key monthly Bunker Index (BIX) data provided in price summary.

Global bunker average up $30 in January
01 Feb 2011 06:45 GMT
Average monthly global bunker price jumps 16.5 percent over four-month period.

Singapore Market Commentary (with evening update)
01 Feb 2011 06:23 GMT



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