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Home » News » News Archive - July 2011


News Archive - July 2011

Kenya: IFO supplier to launch mid-August
29 Jul 2011 17:08 GMT
Kenyan firm reveals that it is due to commence supplying intermediate fuel oil towards the middle of next month.

Praxis Market Update
29 Jul 2011 15:23 GMT

GOIL signs MGO supply contract
29 Jul 2011 13:51 GMT
Ghana Oil Company to source marine gas oil from Asian supplier.

South China fuel oil stocks up 0.3m tonnes
29 Jul 2011 12:34 GMT
Weekly fuel oil inventories climb 300,000 tonnes year-on-year in South China.

Global Vision Market Report
29 Jul 2011 12:20 GMT

Rotterdam Market Report
29 Jul 2011 11:13 GMT

Market Briefing
29 Jul 2011 09:01 GMT
Deal - no deal? (Brent: $117.3)

Kirby net income up 42.3 percent
29 Jul 2011 08:44 GMT
Oil transportation firm reports strong tank barge utilization and improved barging rates in Q2.

Singapore Market Commentary (with evening update)
29 Jul 2011 06:53 GMT

Light distillate stocks up 12% in Singapore
28 Jul 2011 18:12 GMT
Inventories of light distillates rise to their highest level since 4th May at Asia's largest oil trading hub.

Praxis Market Update
28 Jul 2011 15:22 GMT

Singapore: Middle distillate stocks down 1 million barrels
28 Jul 2011 14:58 GMT
Stockpiles of middle distillates fall for the third consecutive week in the seven days up to 27th July.

Global Vision Market Report
28 Jul 2011 13:31 GMT

Rotterdam Market Report
28 Jul 2011 12:27 GMT

Hong Kong issues tropical cyclone warning
28 Jul 2011 11:33 GMT
Government department places Hong Kong under storm signal number 1.

Singapore fuel oil stocks up 195,000 barrels
28 Jul 2011 09:56 GMT
Stockpiles of fuel oil rise to their highest level since 29th June in Singapore.

Market Briefing
28 Jul 2011 09:14 GMT
Still a gridlock on US debt (Brent: $117.7)

Higher bunker costs hit Canadian firm
28 Jul 2011 07:58 GMT
Year-on-year logistics costs rise as a result of higher bunker prices.

Singapore Market Commentary (with evening update)
28 Jul 2011 06:26 GMT

Praxis Market Update
27 Jul 2011 14:36 GMT

Finance secured for dual fuel ferry
27 Jul 2011 13:41 GMT
World's first dual fuel high speed passenger catamaran is due for delivery in South America next year.

Chemoil profit falls $26.8m in Q2
27 Jul 2011 12:55 GMT
Pre-tax profit plummets in the second quarter as sales volumes and gross contribution per tonne fall.

Rotterdam Market Report
27 Jul 2011 11:38 GMT

Market Briefing
27 Jul 2011 09:14 GMT
I see dead....lines (Brent: $118.2)

Aegean to hold conference call and webcast
27 Jul 2011 07:12 GMT
Bunker supplier to discuss its second quarter 2011 results in August.

Singapore Market Commentary (with evening update)
27 Jul 2011 06:31 GMT

Engine chosen for its 'superior' fuel savings
26 Jul 2011 15:22 GMT
Fuel-efficient long-stroke engine to power container ships due to be built in China.

Praxis Market Update
26 Jul 2011 14:41 GMT

Global Vision Market Report
26 Jul 2011 14:22 GMT

Management changes at Bominflot
26 Jul 2011 12:56 GMT
Bunker supplier announces management changes at its office in Hamburg.

Rotterdam Market Report
26 Jul 2011 11:41 GMT

Market Briefing
26 Jul 2011 09:42 GMT
Biggest poker game in history continues (Brent: $118.0)

Fuel oil imports fall in China
26 Jul 2011 08:04 GMT
Imports of fuel oil decline 3 percent month-on-month in June.

Car carriers cut fuel consumption with low-friction paint
26 Jul 2011 07:18 GMT
New paint is said to improve fuel efficiency by 3-5 percent compared to a conventional hull coating.

Singapore Market Commentary (with evening update)
26 Jul 2011 06:43 GMT

LSFO cooling system launched
25 Jul 2011 15:22 GMT
Cooling system is designed to be used in the treatment of low sulphur marine fuels.

Adams comments on resignation
25 Jul 2011 14:33 GMT

Global Vision Market Report
25 Jul 2011 14:20 GMT

Praxis Market Update
25 Jul 2011 14:02 GMT

Rotterdam Market Report
25 Jul 2011 11:57 GMT

'Strong' Q4 bunker sales for Lanka IOC
25 Jul 2011 10:12 GMT
Lanka IOC says bunker sales in the last quarter offset losses in the previous nine months of the financial year.

Market Briefing
25 Jul 2011 09:34 GMT
US debt - still an issue (Brent: $118.0)

Singapore Market Commentary (with evening update)
25 Jul 2011 06:51 GMT

IBIA chief executive Ian Adams resigns
22 Jul 2011 19:53 GMT
Adams leaves IBIA to look after family as wife recovers from medical treatment.

Praxis Market Update
22 Jul 2011 15:12 GMT

Global Vision Market Report
22 Jul 2011 13:15 GMT

Shippers' council opposed to levy on emissions
22 Jul 2011 13:01 GMT
European Shippers' Council says GHG reduction measures should be incentive-based, not punitive.

Rotterdam Market Report
22 Jul 2011 10:49 GMT

South China fuel oil stocks dip 0.5%
22 Jul 2011 10:21 GMT
Fuel oil inventories in South China fall slightly in the week up to 20th July.

Singapore light distillate summary
22 Jul 2011 09:27 GMT
Data summary covers onshore stocks of light distillates in Singapore up to 20th July.

Market Briefing
22 Jul 2011 09:20 GMT
Greek solution! (Brent: $118.0)

Singapore Market Commentary (with evening update)
22 Jul 2011 08:55 GMT

Praxis Market Update
21 Jul 2011 15:32 GMT

Cockett gets green light to supply in northern France
21 Jul 2011 15:03 GMT
Cockett Marine Oil gets the go-ahead to carry out deliveries of marine fuel at five ports in northern France.

Aegean launches supply operation in Panama
21 Jul 2011 14:29 GMT
Supply infrastructure includes onshore storage facilities in the ports of Cristobal and Balboa.

Global Vision Market Report
21 Jul 2011 13:01 GMT

Middle distillate stocks fall 1.5% in Singapore
21 Jul 2011 12:52 GMT
Stockpiles of middle distillates dip in the seven days up to 20th July.

Singapore fuel oil stocks climb 2.2 million barrels
21 Jul 2011 12:35 GMT
Stockpiles of fuel oil rise to their highest level in three weeks in Singapore.

Rotterdam Market Report
21 Jul 2011 11:18 GMT

Market Briefing
21 Jul 2011 09:19 GMT
Greek solution? (Brent: $118.4)

New employee at Dan-Bunkering Singapore
21 Jul 2011 07:41 GMT
Dan-Bunkering appoints new member of staff to join its accounts team in Singapore.

Aegean announces share repurchase program
21 Jul 2011 07:12 GMT
Board of directors approves repurchase program for up to 2 million shares.

Singapore Market Commentary (with evening update)
21 Jul 2011 06:44 GMT

Praxis Market Update
20 Jul 2011 15:41 GMT

Global Vision Market Report
20 Jul 2011 12:52 GMT

Rotterdam Market Report
20 Jul 2011 11:44 GMT

Buckeye acquires oil terminals in Maine
20 Jul 2011 10:08 GMT
Purchase of two petroleum products terminals raises Buckeye's storage capacity portfolio by 865,000 barrels.

Market Briefing
20 Jul 2011 09:30 GMT
Light at the end of the US debt tunnel (Brent: $118.1)

China: H1 fuel oil output up almost 14%
20 Jul 2011 09:16 GMT
China's fuel oil output rises during the first six months of 2011. Month-on-month volumes fall in June.

US port launches carbon calculator
20 Jul 2011 07:46 GMT
New tool factors in different vessel sizes and utilizations, and the recent trend of slow steaming.

WFS to hold conference call and webcast
20 Jul 2011 07:02 GMT
Management team to discuss the company's second quarter results in conference call and webcast.

Singapore Market Commentary (with evening update)
20 Jul 2011 06:33 GMT

Global Vision Market Report
19 Jul 2011 13:23 GMT

Implementing IMO proposals by 2020 'virtually impossible', says study
19 Jul 2011 13:12 GMT
Study says refiners will need to invest in more than 4 million b/d of extra secondary processing capacity.

Rotterdam Market Report
19 Jul 2011 12:37 GMT

Market Briefing
19 Jul 2011 09:11 GMT
Oil prices taking a breather (Brent: $116.5)

South African oil firms up wage offer
19 Jul 2011 08:03 GMT
Petroleum employers raise pay offer in a bid to end the national fuel strike.

H1 bunker sales up 803,000 tonnes in China
19 Jul 2011 06:58 GMT
Sales of bonded bunker fuel climb 21 percent during the first six months of 2011.

Singapore Market Commentary (with evening update)
19 Jul 2011 05:58 GMT

Praxis Market Update
18 Jul 2011 14:24 GMT

Solar hybrid to launch in June 2012
18 Jul 2011 13:24 GMT
Power generated by solar panels is stored in lithium-ion batteries and used to power the ship while it is berthed.

Global Vision Market Report
18 Jul 2011 12:55 GMT

Rotterdam Market Report
18 Jul 2011 12:41 GMT

Market Briefing
18 Jul 2011 09:22 GMT
Stress test of EU banking system (Brent: $116.6)

IMO briefing on MEPC 62
18 Jul 2011 07:23 GMT
Briefing on energy efficiency measures adopted at IMO meeting.

Owner orders 26 fuel-efficient container feeders
18 Jul 2011 06:57 GMT
New series of container feeders offer fuel efficiency gains and dual fuel and LNG power options.

Singapore Market Commentary (with evening update)
18 Jul 2011 06:21 GMT

Carbon War Room calls for efficiency ratings for all ships
16 Jul 2011 12:39 GMT
NGO says the new IMO standards, if applied to all ships, would save the industry US$50 billion per year.

Petrobras announces trader replacement
16 Jul 2011 11:48 GMT
Bunker trader will be in charge of enquiries for Argentina and Uruguay.

IMO approves efficiency standard for new ships
15 Jul 2011 18:51 GMT
Energy Efficiency Design Index (EEDI) regulation is approved at the MEPC's 62nd session in London.

Praxis Market Update
15 Jul 2011 15:42 GMT

Oiltanking raises $215 million in IPO
15 Jul 2011 15:21 GMT
10 million common units priced higher than expected in NYSE initial public offering.

ABS launches cold ironing guide
15 Jul 2011 13:31 GMT
New guide addresses key safety concerns and design considerations for shipboard installations.

Global Vision Market Report
15 Jul 2011 12:54 GMT

Rotterdam Market Report
15 Jul 2011 10:51 GMT

Market Briefing
15 Jul 2011 09:36 GMT
Summertime blues (Brent: $115.7)

Singapore Market Commentary (with evening update)
15 Jul 2011 08:10 GMT

Russian supplier develops oil transportation business
15 Jul 2011 07:54 GMT
Bunker company expands fleet with the purchase of four vessels.

Singapore light distillate summary
14 Jul 2011 15:31 GMT
Data summary covers onshore stocks of light distillates in Singapore up to 13th July.

Praxis Market Update
14 Jul 2011 14:54 GMT

Singapore middle distillate summary
14 Jul 2011 14:24 GMT
Summary of onshore stocks of middle distillates in Singapore.

Singapore fuel oil stocks drop 8.8 percent
14 Jul 2011 13:53 GMT
Stockpiles of fuel oil plummet to their lowest level since February.

Global Vision Market Report
14 Jul 2011 13:22 GMT

Rotterdam Market Report
14 Jul 2011 11:15 GMT

New sales manager at Dan-Bunkering Singapore
14 Jul 2011 09:23 GMT
Experienced bunker professional joins Dan-Bunkering's team in Singapore.

Market Briefing
14 Jul 2011 09:07 GMT
Volatility continues (Brent: $118.5)

Singapore sells over 3.8 million tonnes in June
14 Jul 2011 07:29 GMT
Sales surpass 3.7 million tonnes for the first time as world's leading bunker port sets new records.

Singapore Market Commentary (with evening update)
14 Jul 2011 06:13 GMT

BIMCO raises questions over LNG fuel concept
13 Jul 2011 15:21 GMT
BIMCO says owners will need to answer a number of questions before taking the decision on how to fuel their ships.

Praxis Market Update
13 Jul 2011 14:53 GMT

Global Vision Market Report
13 Jul 2011 12:53 GMT

Rotterdam Market Report
13 Jul 2011 11:51 GMT

Oil terminal to be built at Corpus Christi
13 Jul 2011 09:31 GMT
300,000 barrels of oil storage to be constructed at the US Gulf port of Corpus Christi.

Market Briefing
13 Jul 2011 08:50 GMT
Rebound on rumours (Brent: $117.5)

Shenzhen bunker sales to rise by 1.85m tonnes
13 Jul 2011 07:22 GMT
Bonded bunker sales at Shenzhen port are forecast to increase by up to 1.85 million tonnes by 2015.

Fuel oil output predicted to rise in South China
13 Jul 2011 06:47 GMT
17 percent rise in fuel oil output is forecast for the month of July.

Singapore Market Commentary (with evening update)
13 Jul 2011 06:11 GMT

OW Bunker moves to larger Dubai office
12 Jul 2011 18:33 GMT
Bunker firm relocates to new office on the back of 'rapid growth'.

LNG carrier cuts fuel consumption by 20%
12 Jul 2011 17:08 GMT
'Evolutionary' LNG carrier includes bunker-saving, eco-friendly features.

Brightoil plans downstream and upstream growth
12 Jul 2011 16:22 GMT

Praxis Market Update
12 Jul 2011 15:41 GMT

Global Vision Market Report
12 Jul 2011 14:15 GMT

Kenya: New IFO supplier to launch in August
12 Jul 2011 13:33 GMT

Rotterdam Market Report
12 Jul 2011 10:42 GMT

Market Briefing
12 Jul 2011 09:35 GMT
Risk-off sends oil further down (Brent: $115.5)

Chemoil names global sales director
12 Jul 2011 08:12 GMT

Singapore Market Commentary (with evening update)
12 Jul 2011 06:41 GMT

CEPSA ups storage capacity at Algeciras
11 Jul 2011 17:51 GMT
Supplier expands bunker storage capacity to over 300,000 cubic metres at Algeciras.

Rotterdam 'fully supports' 2015 ECA regulation
11 Jul 2011 15:53 GMT

Lithuanian oil terminal posts 57% profit rise
11 Jul 2011 15:22 GMT
Klaipeda facility announces net profit surge for the first six months of 2011.

Praxis Market Update
11 Jul 2011 14:51 GMT

Economic Events: Week 28, 2011
11 Jul 2011 13:48 GMT

Global Vision Market Report
11 Jul 2011 13:45 GMT

South Africa: Supplies set to be hit by oil strike
11 Jul 2011 13:22 GMT
Plans to curb production at Durban's second-largest refinery as a result of protest by oil workers.

Rotterdam Market Report
11 Jul 2011 10:54 GMT

Market Briefing
11 Jul 2011 10:11 GMT
Disappointing job numbers and debt talks made oil prices decrease (Brent: $116.8)

Singapore Market Commentary (with evening update)
11 Jul 2011 06:25 GMT

Praxis Market Update
08 Jul 2011 16:14 GMT

Verbeke barge relocated to Zeebrugge
08 Jul 2011 13:31 GMT
Bunker barge to carry out small-sized deliveries to customers calling at the Belgian port of Zeebrugge.

Global Vision Market Report
08 Jul 2011 13:12 GMT

Rotterdam Market Report
08 Jul 2011 11:02 GMT

Indian firm sells 380-cst cargo
08 July 2011 10:10 GMT
Fuel oil parcel is scheduled for loading in July.

Singapore light distillate summary
08 Jul 2011 09:15 GMT
Data summary covers onshore stocks of light distillates in Singapore up to 6th July.

Singapore middle distillate summary
08 Jul 2011 09:02 GMT
Summary of onshore stocks of middle distillates in Singapore.

Singapore fuel oil stock summary
08 Jul 2011 08:58 GMT
Summary of onshore stocks of residues up to Wednesday 6th July.

Statoil to publish Q2 results in July
08 Jul 2011 08:45 GMT
Norwegian fuel supplier to post financial results and hold Q2 presentation later this month.

Market Briefing
08 Jul 2011 08:18 GMT
Oil jumps on employment and technical breaks (Brent: $118)

Singapore Market Commentary (with evening update)
08 Jul 2011 08:16 GMT

Praxis Market Update
07 Jul 2011 14:55 GMT

Turbine plant cuts fuel consumption by 15%
07 Jul 2011 13:33 GMT
LNG carrier is the first in the world to be fitted with fuel-saving reheat turbine plant.

Global Vision Market Report
07 Jul 2011 12:51 GMT

Market Briefing
07 Jul 2011 12:41 GMT
Oil lower on economic numbers - higher on inventories (Brent: $114)

Rotterdam Market Report
07 Jul 2011 11:06 GMT

Dan-Bunkering appoints trainee
07 Jul 2011 09:21 GMT
New member of staff joins the company's team in Middelfart, Denmark.

Seattle wins award for low sulphur fuels program
07 Jul 2011 07:17 GMT
US port is honoured for implementing the short-term goals of its clean air strategy.

Maersk joins World Ocean Council
07 Jul 2011 06:47 GMT
Danish conglomerate becomes latest member of alliance to support global leadership and collaboration on ocean sustainability.

Singapore Market Commentary (with evening update)
07 Jul 2011 06:22 GMT

Reducing wind resistance to cut fuel costs
06 Jul 2011 17:23 GMT
Improved fuel efficiency is said to lower bulk carrier CO2 emissions by 520 tonnes per year.

ICS calls for government support to cut emissions
06 Jul 2011 16:35 GMT
Organization warns that a no vote at next week's MEPC meeting could lead to 'very serious market distortions' in international shipping.

EU approves CEPSA acquisition
06 Jul 2011 16:02 GMT
European Commission clears IPIC's proposed acquisition of a controlling stake in CEPSA.

Praxis Market Update
06 Jul 2011 14:17 GMT

Global Vision Market Report
06 Jul 2011 13:18 GMT

Rotterdam Market Report
06 Jul 2011 12:32 GMT

Market Briefing
06 Jul 2011 09:53 GMT
Oil lower on credit risk (Brent: $112)

Measurement reduces fuel consumption
06 Jul 2011 07:38 GMT
Technology used to measure rudder force is said to result in fuel savings of up to 3 percent.

Singapore Market Commentary (with evening update)
06 Jul 2011 06:38 GMT

Praxis Market Update
05 Jul 2011 14:33 GMT

Global Vision Market Report
05 Jul 2011 13:08 GMT

Market Briefing
05 Jul 2011 13:01 GMT
Oil lower on China scare but rebounds (Brent: $112)

Rotterdam Market Report
05 Jul 2011 11:48 GMT

IBIA's Chong Kam Wah retires
05 Jul 2011 11:38 GMT
Kam Wah will no longer be involved in the day-to-day running of IBIA's Singapore branch.

Bominflot appoints sales and supply director
05 Jul 2011 09:57 GMT
Director will be responsible for the commercial team in Hamburg and representative office in Stockholm.

Singapore Market Commentary (with evening update)
05 Jul 2011 09:08 GMT

Kirby completes acquisition of K-Sea
05 Jul 2011 07:34 GMT
K-Sea Transportation becomes a wholly owned subsidiary of Kirby Corporation.

Wärtsilä awarded dual-fuel engine contract
05 Jul 2011 07:03 GMT
Technical management contract covers dual-fuel engines on six LNG carriers.

World's largest kite-powered ship revealed
05 Jul 2011 06:34 GMT
Cargill signs agreement to install kite technology on dry bulk cargo vessel.

OW Bunker expands network to India
04 Jul 2011 17:41 GMT
New operation established in India as company further extends its focus on BRIC countries.

Praxis Market Update
04 Jul 2011 15:32 GMT

Singapore light distillate summary
04 Jul 2011 14:27 GMT
Data summary covers onshore stocks of light distillates in Singapore since April.

Singapore middle distillate summary
04 Jul 2011 14:13 GMT
Summary of onshore stocks of middle distillates in Singapore.

Global Vision Market Report
04 Jul 2011 12:31 GMT

Singapore fuel oil stock summary
04 Jul 2011 11:55 GMT
Summary of onshore stocks of residues dating back to April 2011.

Rotterdam Market Report
04 Jul 2011 11:24 GMT

Market Briefing
04 Jul 2011 11:20 GMT
Oil sideways - awaiting this week's important events (Brent: $111.3)

Rotterdam 380-cst average up $11 in June
04 Jul 2011 09:53 GMT
Average monthly 380-centistoke price climbs 1.8 percent at Europe's top bunker port in June,

Intra-month price volatility analysis - June 2011
04 Jul 2011 08:14 GMT

Fujairah 380-cst average up $4 in June
04 Jul 2011 06:32 GMT
Smallest price change since July 2010 at the Middle East's leading bunker port.

Singapore Market Commentary (with evening update)
04 Jul 2011 05:51 GMT

Bunker Index (BIX) statistical summary
01 Jul 2011 15:19 GMT
Key monthly Bunker Index (BIX) data provided in price summary.

Praxis Market Update
01 Jul 2011 14:08 GMT

Global Vision Market Report
01 Jul 2011 12:43 GMT

Rotterdam Market Report
01 Jul 2011 11:32 GMT

Juhl celebrates 25th anniversary with Dan-Bunkering
01 Jul 2011 11:22 GMT
Reception held to celebrate Jesper Juhl's 25 years at Dan-Bunkering.

Market Briefing
01 Jul 2011 10:51 GMT
Oil flat after Greece vote (Brent: $111)

Singapore 380-cst average up $14 in June
01 Jul 2011 09:56 GMT
Average 380-centistoke price increases by 2.2 percent at the world's leading bunker port.

Global bunker average up $1.11 in June
01 Jul 2011 09:45 GMT
Small rise in the average monthly global bunker price during the month of June.

Singapore Market Commentary (with evening update)
01 Jul 2011 06:19 GMT



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