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Home » News » News Archive - November 2011


News Archive - November 2011

Praxis Market Update
29 Nov 2011 15:05 GMT

BC Ferries surcharge 'a bit suspicious'
29 Nov 2011 14:08 GMT
Politician calls into question the validity of the new BC Ferries fuel surcharge hike.

Global Vision Market Report
29 Nov 2011 12:14 GMT

Rotterdam Market Report
29 Nov 2011 11:47 GMT

Study: Fuel cell technology needs further investment
29 Nov 2011 11:21 GMT
Report says fuel cell technology could have a significant impact in the marine market if it is backed by substantial R&D investment.

Market Briefing
29 Nov 2011 08:53 GMT
Blast in Iranian “nuclear-city”, or not? (Brent: $109.3)

Law firms investigate Andatee buyout proposal
29 Nov 2011 07:47 GMT
Andatee's board of directors to be investigated for 'possible breaches of fiduciary duty and other violations of state law'.

Singapore Market Commentary (with evening update)
29 Nov 2011 06:48 GMT

Praxis Market Update
28 Nov 2011 14:16 GMT

Global Vision Market Report
28 Nov 2011 13:34 GMT

Agreement to design low-emission tug
28 Nov 2011 13:12 GMT
Vessel is expected to reduce emissions by 30 percent compared to conventional, similar-sized harbour tugs.

Rotterdam Market Report
28 Nov 2011 11:45 GMT

IMO elects new 40-member council
28 Nov 2011 11:02 GMT
Nigeria loses its re-election bid into Category C of the IMO's governing body.

Economic Events: Week 48, 2011
28 Nov 2011 10:33 GMT

Market Briefing
28 Nov 2011 10:24 GMT
Bullish oil news (Brent: 108.3)

Pakistan: Supplier reveals expansion plans
28 Nov 2011 08:42 GMT
Bunker firm to expand existing fleet of bunker delivery vessels.

Singapore Market Commentary
28 Nov 2011 07:55 GMT

Cruise line saves fuel with improved design
25 Nov 2011 16:12 GMT
Modifications to unit frame design result in a two percent improvement in fuel efficiency.

Praxis Market Update
25 Nov 2011 14:13 GMT

LA eyes participation in clean ship program
25 Nov 2011 13:51 GMT
Los Angeles port staff look set to submit recommendations for participation in global clean ship initiative.

Global Vision Market Report
25 Nov 2011 12:58 GMT

Rotterdam Market Report
25 Nov 2011 11:20 GMT

Market Briefing
25 Nov 2011 11:12 GMT
France has a Freudian moment (Brent: $107.6)

Aegean quoting only 3.5% in Fujairah
25 Nov 2011 10:31 GMT
Supplier now only quoting fuel oil with a maximum sulphur content of 3.5% to clients at the port of Fujairah.

Singapore Market Commentary (with evening update)
25 Nov 2011 06:53 GMT

Study provides guidelines on cutting GHGs
24 Nov 2011 15:40 GMT
Reduction of ship speeds is a 'promising and simple option' for the shipping sector, says report.

Praxis Market Update
24 Nov 2011 13:48 GMT

Middle distillate stocks fall 6.9 percent
24 Nov 2011 13:28 GMT
Inventories of middle distillates have dropped in four out of the last five weeks in Singapore.

Global Vision Market Report
24 Nov 2011 12:21 GMT

Rotterdam Market Report
24 Nov 2011 12:07 GMT

Fuel oil stocks decline in Singapore
24 Nov 2011 10:44 GMT
Stocks of fuel oil fall to their lowest level in six weeks in Singapore.

Market Briefing
24 Nov 2011 10:22 GMT
Same same - still large draws on inventories (Brent: $107.8)

Andatee CEO in bid to buy remaining shares
24 Nov 2011 08:45 GMT
Majority shareholder intends to launch an offer to acquire the outstanding shares of Andatee.

Singapore Market Commentary (with evening update)
24 Nov 2011 06:55 GMT

Praxis Market Update
23 Nov 2011 15:27 GMT

Agreement to install emissions monitoring system
23 Nov 2011 15:12 GMT
Laser-based technology to be installed in order to meet latest air permit requirements.

EU proposes GHG monitoring legislation
23 Nov 2011 14:41 GMT
New proposed legislation aims to enhance the monitoring and reporting of greenhouse gas emissions.

Product tanker LNG conversion completed
23 Nov 2011 11:53 GMT
Vessel is converted from heavy fuel oil to liquefied natural gas (LNG) operation.

Global Vision Market Report
23 Nov 2011 11:28 GMT

Rotterdam Market Report
23 Nov 2011 10:52 GMT

Market Briefing
23 Nov 2011 10:31 GMT
Iran Update: Enter the Dragon (Brent: $108.2)

WFS cash dividend unchanged
23 Nov 2011 07:48 GMT
Latest cash dividend follows 43 percent rise in third quarter net income.

Singapore Market Commentary (with evening update)
23 Nov 2011 06:33 GMT

Boating industry evaluates butanol
22 Nov 2011 14:52 GMT
Butanol-blended fuels are tested to determine if they could be a better alternative for the boating industry.

Rotterdam Market Report
22 Nov 2011 14:31 GMT

Praxis Market Update
22 Nov 2011 13:06 GMT

Baltic Oil buys terminal in Denmark
22 Nov 2011 12:49 GMT
UK firm says acquisition is a 'substantial step forward' in the fulfilment of its strategy.

Global Vision Market Report
22 Nov 2011 12:30 GMT

Market Briefing
22 Nov 2011 10:12 GMT
US Super committee and Iran in focus (Brent: $106.9)

Bunker course launches in Ireland
22 Nov 2011 10:04 GMT
Inaugural 'Complete Guide to Bunkering' course begins today.

Wärtsilä in agreement to acquire Hamworthy
22 Nov 2011 07:54 GMT
Finnish firm announces recommended cash offer for the acquisition of UK-headquartered Hamworthy Plc.

MPA issues 3.5% sulphur reminder
22 Nov 2011 06:49 GMT
Bunker players reminded that they will need to use fuel with a maximum sulphur content of 3.5% in 2012.

Singapore Market Commentary (with evening update)
22 Nov 2011 06:11 GMT

US Navy completes biofuel demonstration
21 Nov 2011 15:15 GMT
Navy concludes its largest test of shipboard alternative fuel use.

Praxis Market Update
21 Nov 2011 14:11 GMT

Global Vision Market Report
21 Nov 2011 12:48 GMT

Rotterdam Market Report
21 Nov 2011 11:20 GMT

Economic Events: Week 47, 2011
21 Nov 2011 10:12 GMT

Market Briefing
21 Nov 2011 10:05 GMT
US Super committee and Iran in focus (Brent: $106.9)

UK firm offers bunker analysis service
21 Nov 2011 09:03 GMT
New service conforms to ISO8217 requirements and will be MARPOL Annex VI compliant, says company.

Cargo terminal opens at Port Everglades
21 Nov 2011 08:24 GMT
Expansion aimed at ensuring that the port is able to handle future growth in container traffic.

Shippers to increase bunker surcharge
21 Nov 2011 06:07 GMT
Surcharge rise to come into effect from next month as a result of higher bunker prices.

Singapore Market Commentary (with evening update)
21 Nov 2011 05:07 GMT

LNG-powered barge to launch in Rotterdam
18 Nov 2011 15:31 GMT

Rotterdam patrol boats to run on biofuels
18 Nov 2011 14:41 GMT
Port authority launches trial with patrol boats powered by hydrotreated vegetable oil.

Praxis Market Update
18 Nov 2011 14:30 GMT

Global Vision Market Report
18 Nov 2011 14:20 GMT

Rotterdam Market Report
18 Nov 2011 12:18 GMT

Market Briefing
18 Nov 2011 11:09 GMT
Oil down on debt – again (Brent: $108.50)

Singapore Market Commentary (with evening update)
18 Nov 2011 07:21 GMT

OW Bunker appoints former Maersk Oil executive
17 Nov 2011 19:07 GMT
Former Maersk fuel trading head is named vice president of OW Bunker’s physical division.

Wärtsilä in advanced talks to acquire Hamworthy
17 Nov 2011 18:29 GMT
Finnish firm says takeover would enhance its position within the environmental solutions market.

SECA scrubber installation deal is signed
17 Nov 2011 16:02 GMT
Three-year cooperation agreement to install scrubbers on board SECA ships.

Momentum gathers for LNG supply network
17 Nov 2011 14:10 GMT

Praxis Market Update
17 Nov 2011 13:33 GMT

Middle distillate stocks climb 15 percent
17 Nov 2011 13:11 GMT
Inventories of middle distillates rise from a three-year low in Singapore.

Global Vision Market Report
17 Nov 2011 11:47 GMT

Rotterdam Market Report
17 Nov 2011 10:51 GMT

Market Briefing
17 Nov 2011 10:44 GMT
WIT jumps the gun (Brent: $111.50)

Fuel oil stocks up in Singapore
17 Nov 2011 10:22 GMT
Stocks of fuel oil rise from their lowest level in four weeks in Singapore.

Singapore Market Commentary (with evening update)
17 Nov 2011 06:50 GMT

Praxis Market Update
16 Nov 2011 14:29 GMT

Energy Petrol ready to supply 3.5% fuel
16 Nov 2011 14:11 GMT
Bunker firm says it is able to supply fuel oil with a maximum sulphur content of 3.5% at Turkish ports.

Ship designs by class societies 'deeply troubling'
16 Nov 2011 13:24 GMT
Chief executive says a move into ship design by class societies creates a 'fundamental conflict of interest'.

Global Vision Market Report
16 Nov 2011 12:23 GMT

Market Briefing
16 Nov 2011 10:21 GMT
Return of Italian uncertainty (Brent USD 111.8)

Rotterdam Market Report
16 Nov 2011 10:20 GMT

Swedish suppliers sign up to clean fuel initiative
16 Nov 2011 09:04 GMT
Bunker companies to be compensated for running vessels on fuel containing a maximum of 0.1% sulphur.

ICS publishes CO2 briefing document
16 Nov 2011 07:07 GMT
Document produced in advance of the UN Climate Change Conference at the end of November.

Singapore Market Commentary (with evening update)
16 Nov 2011 05:54 GMT

Global Vision Market Report
15 Nov 2011 13:38 GMT

Praxis Market Update
15 Nov 2011 13:33 GMT

Shippers' forum launches emissions briefing note
15 Nov 2011 13:13 GMT
Trade association aims to bring 'clarity and transparency' to the decarbonising maritime shipping debate.

Chevron starts hydrogen unit in Pascagoula
15 Nov 2011 12:35 GMT
Refinery exceeds the amount of nitrogen oxides it is allowed to release during the startup process.

Market Briefing
15 Nov 2011 11:09 GMT
EU oil embargo on Syria (Brent: $112.7)

Rotterdam Market Report
15 Nov 2011 11:04 GMT

Andatee reports decline in net income
15 Nov 2011 08:05 GMT
Supplier sees profit fall in the third quarter and first nine months of 2011 despite a rise in revenues and volume sold.

Singapore Market Commentary
15 Nov 2011 06:42 GMT

Study: IMO measures will lead to 'significant' GHG reductions
14 Nov 2011 20:13 GMT
Report says mandatory efficiency measures will result in significantly lower emissions and fuel consumption.

Brightoil steps up non-bunkering activities
14 Nov 2011 15:44 GMT
Hong Kong-listed firm in agreement to develop and produce natural gas.

Praxis Market Update
14 Nov 2011 15:05 GMT

Oiltanking posts rise in net income
14 Nov 2011 14:34 GMT
Terminal operator records a US$27.5 million increase in net income during the third quarter of 2011.

CEPSA ready for 3.5% sulphur regulation
14 Nov 2011 13:29 GMT
CEPSA Marine Fuels says it is ready to begin offering 3.5% fuels at all the ports where it supplies.

Global Vision Market Report
14 Nov 2011 11:55 GMT

Rotterdam Market Report
14 Nov 2011 11:01 GMT

Economic Events: Week 46, 2011
14 Nov 2011 10:08 GMT

Market Briefing
14 Nov 2011 10:01 GMT
Berlusconi, speculators, and a story about a dog - risk on (Brent: $114.3)

Singapore: 500-cst sales fall 17.7 percent
14 Nov 2011 08:21 GMT
Largest 2011 drop in 500-cst sales overshadows volume increase for 380-cst and MGO.

Singapore Market Commentary (with evening update)
14 Nov 2011 06:17 GMT

Oiltanking announces Houston expansion
11 Nov 2011 16:46 GMT
Terminal operator to add one million barrels of oil storage capacity in Houston.

Praxis Market Update
11 Nov 2011 15:19 GMT

Exhaust gas system offers 'full fuel flexibility'
11 Nov 2011 13:42 GMT
New system uses HFO, distillates and natural gas and meets Tier III NOx emission requirements.

Global Vision Market Report
11 Nov 2011 13:08 GMT

OW assures supply of 3.5% fuel globally
11 Nov 2011 12:22 GMT
Bunker supplier assures customers of sufficient availability of 3.5% fuel oil worldwide.

Rotterdam Market Report
11 Nov 2011 11:11 GMT

Market Briefing
11 Nov 2011 10:50 GMT
Freudian slip by S&P (Brent: $113.2)

Bunker price linked to containership size
11 Nov 2011 07:21 GMT
'Strong correlation' between the price of bunker fuel and the average size of containerships ordered, says broker.

Singapore Market Commentary (with evening update)
11 Nov 2011 06:19 GMT

Praxis Market Update
10 Nov 2011 16:13 GMT

Fuel oil stocks fall 7 percent in Singapore
10 Nov 2011 15:51 GMT
Stocks of fuel oil decline to their lowest level in four weeks in Singapore.

Global Vision Market Report
10 Nov 2011 12:51 GMT

Rotterdam Market Report
10 Nov 2011 12:17 GMT

Global Risk Management appoints oil risk manager
10 Nov 2011 10:28 GMT
New oil risk manager to sell risk management solutions to clients in Asia.

Market Briefing
10 Nov 2011 10:10 GMT
Is Italy the new Greece? (Brent $112.1)

Dan-Bunkering appoints bunker trader
10 Nov 2011 08:01 GMT
New member of staff joins the company's sales team in Middelfart, Denmark.

Aegean Q3 net income up 15 percent
10 Nov 2011 07:18 GMT
Sales of marine petroleum products rise by 37 percent despite a decrease in volume sold.

Singapore Market Commentary (with evening update)
10 Nov 2011 06:23 GMT

Cruise line trials 'fuel-saving' data
09 Nov 2011 15:44 GMT
Oceanographic data provides feed of ocean currents, wave forecasts and sea surface temperatures.

Praxis Market Update
09 Nov 2011 15:22 GMT

Global Vision Market Report
09 Nov 2011 13:34 GMT

Maersk posts 78% drop in Q3 profit
09 Nov 2011 13:12 GMT
Danish shipping and oil group says it has been 'negatively affected' by higher bunker costs.

Rotterdam Market Report
09 Nov 2011 11:52 GMT

Market Briefing
09 Nov 2011 09:49 GMT
Iran and nuclear warheads (Brent $115.2)

Singapore Market Commentary (with evening update)
09 Nov 2011 07:20 GMT

Aegean CEO to present at New York event
09 Nov 2011 07:13 GMT
E. Nikolas Tavlarios is scheduled to present at investment conference next week.

Praxis Market Update
08 Nov 2011 16:47 GMT

Houston moves forward with black oil terminal
08 Nov 2011 15:17 GMT
Port approves 25-year lease agreement and gives construction permit the green light.

Global Vision Market Report
08 Nov 2011 12:34 GMT

Rotterdam Market Report
08 Nov 2011 11:51 GMT

Market Briefing
08 Nov 2011 10:22 GMT
Bankrupt broker still causing trouble (Brent: $114.7)

Ust-Luga to load first Russian crude cargo
08 Nov 2011 10:02 GMT
State-owned oil firm offers 100,000-tonne parcel for loading at the end of November.

Hydrocarbons event to be held in November
08 Nov 2011 08:04 GMT
Forum to focus on the storage and distribution of hydrocarbons.

Hong Kong to host emissions forum this week
08 Nov 2011 06:16 GMT
Free event to discuss the reduction of ship emissions in the Hong Kong and Pearl River Delta region.

Singapore Market Commentary (with evening update)
08 Nov 2011 05:14 GMT

Emissions should be tackled on global scale, warns FTA
07 Nov 2011 17:33 GMT
UK association says emission reduction measures should be tackled through the IMO.

Global Vision Market Report
07 Nov 2011 13:20 GMT

Rotterdam Market Report
07 Nov 2011 12:10 GMT

IBIA to engage in LNG issues
07 Nov 2011 11:22 GMT
Association says it is to 'become more closely engaged in LNG matters'.

IBIA Dinner tickets on sale
07 Nov 2011 10:11 GMT
Tickets for the 18th IBIA Annual Dinner are now available for purchase.

Economic Events: Week 45, 2011
07 Nov 2011 09:22 GMT

Market Briefing
07 Nov 2011 09:15 GMT
Greek PM resigns, crisis on hold (Brent: $112.4)

UK body stresses need for global solution
07 Nov 2011 06:31 GMT
Organization says regional measures to cut emissions would only serve to 'distort trade' and 'potentially damage shipping'.

SGX suspends MF Global Singapore
04 Nov 2011 16:03 GMT
Singapore Exchange suspends MF Global Singapore Pte Ltd. with immediate effect.

Andatee to hold conference call
04 Nov 2011 15:35 GMT
Chinese supplier to discuss third quarter 2011 results in conference call later this month.

Alinda acquires Houston Fuel Oil Terminal Company
04 Nov 2011 15:21 GMT
ArcLight affiliate sells 100 percent stake in US Gulf black oil facility.

Praxis Market Update
04 Nov 2011 15:08 GMT

Global Vision Market Report
04 Nov 2011 11:33 GMT

Rotterdam Market Report
04 Nov 2011 11:29 GMT

Contract to supply 'fuel-saving' engines
04 Nov 2011 11:13 GMT
Saudi Arabian firm awards contract to supply engines for six new Ro-Ro container vessels.

Market Briefing
04 Nov 2011 10:08 GMT
Discuss, agree, confuse, reject, repeat (Brent: $110.8)

Singapore Market Commentary (with evening update)
04 Nov 2011 06:33 GMT

Gulf Petrochem expands Asia team
03 Nov 2011 16:42 GMT
New appointments form part of Gulf Petrochem's expansion strategy in Asia.

Praxis Market Update
03 Nov 2011 15:11 GMT

Global Vision Market Report
03 Nov 2011 13:22 GMT

Rotterdam Market Report
03 Nov 2011 11:19 GMT

Singapore: Fuel oil stocks up 0.5m barrels
03 Nov 2011 11:03 GMT
Stocks of fuel oil rise for the third consecutive week in Singapore.

Market Briefing
03 Nov 2011 10:22 GMT
Greece still taking headlines - including this one (Brent: $108.2)

Colombian firm to start bunkering in November
03 Nov 2011 06:46 GMT
Supplier to carry out bunker deliveries in the north of the country.

WFS to present at New York event
03 Nov 2011 05:24 GMT
Chief financial officer is scheduled to present at US investment conference.

Singapore Market Commentary (with evening update)
03 Nov 2011 04:48 GMT

Praxis Market Update
02 Nov 2011 16:22 GMT

'Progress' on LNG container ship concept
02 Nov 2011 16:15 GMT

Shell tops lube supplier list
02 Nov 2011 15:38 GMT
Oil major has largest share of the global lubricants market, according to latest market research.

Intertek launches fuel testing analysis service
02 Nov 2011 15:19 GMT

'Record result' for World Fuel Services
02 Nov 2011 14:56 GMT
Fuel specialist posts a 43.2 percent rise in net income during the third quarter.

Global Vision Market Report
02 Nov 2011 13:47 GMT

Rotterdam Market Report
02 Nov 2011 10:50 GMT

Market Briefing
02 Nov 2011 10:31 GMT
Rebound! (Brent: $110.2)

WTI vs BIX - Jan-Oct 2011
02 Nov 2011 09:37 GMT
WTI crude vs BIX global bunker price comparison.

Singapore Market Commentary (with evening update)
02 Nov 2011 06:04 GMT

Bunker Index (BIX) statistical summary
01 Nov 2011 15:06 GMT
Key monthly Bunker Index (BIX) data provided in price summary.

Praxis Market Update
01 Nov 2011 14:58 GMT

Rotterdam Market Report
01 Nov 2011 14:01 GMT

Rotterdam 380-cst average dips $2 in October
01 Nov 2011 12:38 GMT
Average monthly 380-centistoke price declines slightly at Europe's leading bunker port in October.

Global Vision Market Report
01 Nov 2011 12:14 GMT

Global bunker average falls $5 in October
01 Nov 2011 10:36 GMT
BIX bunker average falls to its lowest level since March during the month of October.

Market Briefing
01 Nov 2011 10:12 GMT
New Greek vote on the menu? (Brent: $108.3)

CME Group suspends MF Global
01 Nov 2011 09:06 GMT
Derivatives marketplace suspends broker as a clearing member.

Singapore Market Commentary (with evening update)
01 Nov 2011 06:55 GMT



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