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Home » News » News Archive - February 2012


News Archive - February 2012

Bureau Veritas issues first EEDI certificate
28 Feb 2012 16:11 GMT
GHG performance of bulk carrier is said to be 20 percent better than the requirement under MARPOL Annex VI.

Praxis Market Update
28 Feb 2012 15:11 GMT

Global Vision Market Report
28 Feb 2012 13:51 GMT

Istanbul bunker sales up 12.5%, says chairman
28 Feb 2012 13:41 GMT
Sales of marine fuel are said to have risen by 200,000 tonnes at Turkey's leading bunker port in 2011.

Awards for clean fuels program participants
28 Feb 2012 11:06 GMT
Operators are recognized for their environmental achievements in annual awards event.

Rotterdam Market Report
28 Feb 2012 10:35 GMT

Market Briefing
28 Feb 2012 10:33 GMT
Israel prepares the home front (Brent: $123.7)

Study highlights benefits of regulated slow steaming
28 Feb 2012 07:35 GMT
New report to be launched today at a side event of the Marine Environment Protection Committee meeting in London.

Singapore Market Commentary (with evening update)
28 Feb 2012 06:02 GMT

Praxis Market Update
27 Feb 2012 14:52 GMT

Bill seeks to make tax exemption permanent
27 Feb 2012 14:37 GMT
New bill is aimed at avoiding problems related to the expiry of a partial sales tax exemption on the purchase of bunker fuel.

Report predicts sustainable uptrend in oil prices
27 Feb 2012 13:56 GMT
Hedging specialist says the underlying technical trend looks more sustainable than the 'boom and bust' prices of 2008.

Global Vision Market Report
27 Feb 2012 13:21 GMT

Rotterdam Market Report
27 Feb 2012 12:22 GMT

Economic Events: Week 9, 2012
27 Feb 2012 10:37 GMT

Market Briefing
27 Feb 2012 10:22 GMT
Iran cuts export to Greece, or does it? (Brent: $124.3)

Singapore Market Commentary (with evening update)
27 Feb 2012 09:52 GMT

Bunker spill in US Gulf
27 Feb 2012 07:51 GMT
Approximately 4,000 gallons of diesel fuel is spilled as vessel runs aground.

Global Vision Market Report
24 Feb 2012 14:38 GMT

Praxis Market Update
24 Feb 2012 14:24 GMT

Sekimizu highlights progress on emissions reduction
24 Feb 2012 12:56 GMT
IMO Secretary-General says the organization has 'a very good story to tell' regarding the regulation of international shipping.

Rotterdam Market Report
24 Feb 2012 12:10 GMT

Emerson expands flowmeter range
24 Feb 2012 11:08 GMT

Singapore Market Commentary (with evening update)
24 Feb 2012 08:12 GMT

MEPC to discuss MBMs in London
24 Feb 2012 07:21 GMT
Market-based measures to be among the key items discussed at the upcoming IMO committee meeting next week.

Record year for World Fuel Services in 2011
23 Feb 2012 21:38 GMT
Fuel specialist reports record full year net income and marine segment profit jumps 30 percent.

Chevron signs UK lubricant contract
23 Feb 2012 15:21 GMT
UK firm to distribute marine lubricants nationwide to Chevron's clients in the shipping industry.

Global Vision Market Report
23 Feb 2012 12:41 GMT

Rotterdam Market Report
23 Feb 2012 12:38 GMT

Highest fuel oil stocks in 40 weeks
23 Feb 2012 10:51 GMT
Inventories of fuel oil rise by over 2 million barrels in Singapore.

Market Briefing
23 Feb 2012 09:51 GMT
Russia warns Israel to attack Iran (Brent: USD 123.4).

Singapore Market Commentary (with evening update)
23 Feb 2012 09:32 GMT

Aegean posts Q4 and full year results
23 Feb 2012 08:04 GMT
Supplier records a $12 million rise in Q4 net income and a 45 percent drop in full year net earnings.

Q2 completion for Panama fuel terminal
22 Feb 2012 16:52 GMT
New tank farm facility is expected to be completed during the second quarter of 2012, according to reports.

Hovensa completes refinery shutdown
22 Feb 2012 15:44 GMT
Operation of the facility as an oil terminal is subject to the completion of negotiations with the local government.

Praxis Market Update
22 Feb 2012 14:22 GMT

Global Vision Market Report
22 Feb 2012 13:43 GMT

Rotterdam Market Report
22 Feb 2012 11:41 GMT

Market Briefing
22 Feb 2012 11:01 GMT
Iran slams the door on nuclear inspectors - nine-month high oil prices seen yesterday

International Bunkering launches Singapore office
22 Feb 2012 10:26 GMT
Dubai senior trader heads new operation in Singapore.

Singapore Market Commentary (with evening update)
22 Feb 2012 08:37 GMT

Praxis Market Update
21 Feb 2012 14:44 GMT

IBIA elects new board members
21 Feb 2012 14:02 GMT

OW Bunker reports Pacific Islands growth
21 Feb 2012 12:04 GMT
Increase in demand is said to be a result of growth in Australia-Asia trade.

Rotterdam Market Report
21 Feb 2012 11:28 GMT

Global Vision Market Report
21 Feb 2012 10:43 GMT

New bunker supplier in Turkey
21 Feb 2012 10:07 GMT
Turkish firm now operating as a physical supplier of MGO in the Marmara region.

Market Briefing
21 Feb 2012 08:51 GMT
Greek bailout tranche 2.0 (Brent: $120.1)

Singapore Market Commentary (with evening update)
21 Feb 2012 05:41 GMT

Praxis Market Update
20 Feb 2012 14:52 GMT

Marine engine report released
20 Feb 2012 13:55 GMT
New industry report on marine power systems is launched.

Global Vision Market Report
20 Feb 2012 12:27 GMT

Rotterdam Market Report
20 Feb 2012 10:46 GMT

Economic Events: Week 8, 2012
20 Feb 2012 10:41 GMT

Market Briefing
20 Feb 2012 10:28 GMT
Not only Iran's crude is missing (Brent: $120.5)

Tangier fuel terminal inaugurated
20 Feb 2012 10:19 GMT
Ceremony marks the official opening of the new storage terminal in northern Morocco.

System measures fuel taken onboard
20 Feb 2012 08:16 GMT
Product is said to only register the fuel which is bunkered, without being influenced by air or gas.

Singapore Market Commentary (with evening update)
20 Feb 2012 05:14 GMT

Wärtsilä to power two more LNG-fuelled ships
17 Feb 2012 14:55 GMT
Gas-powered offshore support vessels to operate in the Gulf of Mexico

Praxis Market Update
17 Feb 2012 13:38 GMT

IBIA to hold AGM next week
17 Feb 2012 12:31 GMT
Annual General Meeting to be held next week in London.

Rotterdam Market Report
17 Feb 2012 11:08 GMT

Global Vision Market Report
17 Feb 2012 10:40 GMT

Market Briefing
17 Feb 2012 10:22 GMT
Iran financially cornered? (Brent: $118.9)

New appointment for Global Vision Bunkers
17 Feb 2012 09:41 GMT
Trader will be responsible for the sale of marine fuels and lubricants to local firms in Africa.

Hamburg aims to promote LNG fuel
17 Feb 2012 07:19 GMT
German port signs agreement to carry out a feasibility study into the use of liquefied natural gas (LNG).

Singapore Market Commentary (with evening update)
17 Feb 2012 06:02 GMT

Praxis Market Update
16 Feb 2012 14:31 GMT

Second-highest fuel oil stocks in 20 weeks
16 Feb 2012 13:57 GMT
Inventories of fuel oil rise to remain at over 19 million barrels for the third consecutive week in Singapore.

Global Vision Market Report
16 Feb 2012 12:37 GMT

Rotterdam Market Report
16 Feb 2012 11:08 GMT

Propane-fuelled engines on show in Miami
16 Feb 2012 10:58 GMT
'World's first' OEM propane-powered outboard engine to debut at the Miami International Boat Show.

Market Briefing
16 Feb 2012 10:36 GMT
Iran financially cornered? (Brent: $118.9)

Fuel cell project to research standalone solution
16 Feb 2012 07:11 GMT
European initiative to undergo further research to develop a standalone solution for industrial-scale production.

Singapore Market Commentary (with evening update)
16 Feb 2012 06:05 GMT

Praxis Market Update
15 Feb 2012 16:15 GMT

Global Vision Market Report
15 Feb 2012 14:02 GMT

Dan-Bunkering appoints bunker trader
15 Feb 2012 13:32 GMT
New member of staff joins the company's sales team in Middelfart, Denmark.

Rotterdam Market Report
15 Feb 2012 11:33 GMT

Market Briefing
15 Feb 2012 11:22 GMT
Greek situation continues: The EU has cancelled EcoFin meeting today.

Contract to build dual fuel OSVs
15 Feb 2012 10:31 GMT
New vessels to be powered by Wärtsilä dual fuel solution.

Singapore Market Commentary (with evening update)
15 Feb 2012 08:33 GMT

Agreement to retrofit 'largest' scrubber system
15 Feb 2012 06:49 GMT
Scrubber system is said to be the largest ever sold and the first to clean exhaust gases for both the main and auxiliary engines.

New release of fleet management system
14 Feb 2012 14:07 GMT
New features added to improve fuel efficiency, safety and forecasting.

Chemoil posts $79.5 million profit rise
14 Feb 2012 13:31 GMT

Praxis Market Update
14 Feb 2012 13:16 GMT

Global Vision Market Report
14 Feb 2012 12:48 GMT

Rotterdam Market Report
14 Feb 2012 11:13 GMT

Market Briefing
14 Feb 2012 11:04 GMT
Moody’s downgrades in Europe (Brent: USD 117.2)

Total joins World Ocean Council
14 Feb 2012 06:52 GMT
French oil major becomes latest member of alliance to support global leadership and collaboration on ocean sustainability.

Singapore Market Commentary (with evening update)
14 Feb 2012 06:12 GMT

Bunker firm appoints trader in Singapore
13 Feb 2012 17:43 GMT
Experienced Singapore trader begins new role with immediate effect.

Global Vision Market Report
13 Feb 2012 15:03 GMT

Tangier terminal to focus on bunkering
13 Feb 2012 14:41 GMT
Principal activity for new facility will be onshore and offshore bunkering.

Rotterdam Market Report
13 Feb 2012 13:38 GMT

Praxis Market Update
13 Feb 2012 13:21 GMT

Economic Events: Week 7, 2012
13 Feb 2012 10:22 GMT

Market Briefing
13 Feb 2012 10:15 GMT
Greece has approved the austerity plan (Brent: USD 118.4)

Singapore bunker sales fall 3.6% in January
13 Feb 2012 09:17 GMT
Sales dip to fourth highest volume figure in the port's history.

Singapore Market Commentary (with evening update)
13 Feb 2012 08:12 GMT

'Ice-free' bunkering in Georgia
13 Feb 2012 06:50 GMT
Supplier says that despite adverse weather conditions the company is continuing to provide ice-free bunkering.

Chemoil adopts tax invoicing and filing software
10 Feb 2012 14:33 GMT
Bunker supplier in five-year deal with energy software firm.

Global Vision Market Report
10 Feb 2012 13:47 GMT

Praxis Market Update
10 Feb 2012 13:37 GMT

Rotterdam Market Report
10 Feb 2012 10:37 GMT

Project targets lower fuel consumption
10 Feb 2012 10:22 GMT
Next phase of joint research project aims to achieve further reductions in fuel consumption.

Market Briefing
10 Feb 2012 10:03 GMT
Euro zone countries demand more action from Greece

WFS to hold conference call and webcast
10 Feb 2012 09:33 GMT
Management team to discuss the company's fourth quarter and year-end results in conference call and webcast.

Aegean to discuss Q4 results
10 Feb 2012 08:28 GMT
Supplier to hold conference call and webcast following the announcement of its Q4 2011 results later this month.

Singapore Market Commentary (with evening update)
10 Feb 2012 06:21 GMT

Praxis Market Update
09 Feb 2012 16:04 GMT

Emissions discussed at London meeting
09 Feb 2012 14:37 GMT
ICS confirms its opposition to EEDI for existing ships and Bahamas fuel consumption proposal.

Changing face of VLCC spot market
09 Feb 2012 14:14 GMT
Shipbroking firm says the VLCC spot market's swing to the East is now firmly entrenched.

Efficiency firm appoints Singapore manager
09 Feb 2012 13:44 GMT
Experienced efficiency specialist heads FutureShip's new office in Singapore.

Global Vision Market Report
09 Feb 2012 13:31 GMT

Rotterdam Market Report
09 Feb 2012 13:18 GMT

Middle distillates up in Singapore
09 Feb 2012 11:11 GMT
Inventories of middle distillates increase to their highest level since 18th January in Singapore.

Fuel oil stocks fall from 18-week high
09 Feb 2012 10:28 GMT
Inventories of fuel oil dip 1.1 percent in Singapore.

Market Briefing
09 Feb 2012 10:21 GMT
Greece closer to sealing the deal? (Brent: USD 117.8)

Singapore Market Commentary (with evening update)
09 Feb 2012 06:23 GMT

Praxis Market Update
08 Feb 2012 15:12 GMT

Cyprus shortlists terminal bidders - source
08 Feb 2012 14:51 GMT
Cyprus's government is reported to have shortlisted five bidders for the construction of a fuel terminal.

Fuel efficiency cooperation announced
08 Feb 2012 14:14 GMT
Two firms to collaborate in the field of fuel efficiency.

Global Vision Market Report
08 Feb 2012 13:36 GMT

Rotterdam Market Report
08 Feb 2012 12:46 GMT

Market Briefing
08 Feb 2012 10:41 GMT
China adding to the pressure on Iran (Brent: USD 116.6)

Bunkering 'impossible' in Hamburg
08 Feb 2012 10:23 GMT
Supplier says icy conditions are making the majority of bunker deliveries extremely difficult to carry out.

Shipping firms sign up to clean fuel programme
08 Feb 2012 07:42 GMT
Operators to be compensated for burning fuel with a maximum sulphur content of 0.1 percent.

Singapore Market Commentary (with evening update)
08 Feb 2012 06:11 GMT

Glencore raises stake in Chemoil
07 Feb 2012 17:04 GMT
Commodity trader increases its stake in bunker supplier to 89.04 percent.

Global Vision Market Report
07 Feb 2012 16:01 GMT

Praxis Market Update
07 Feb 2012 15:58 GMT

Glencore gets fuel discount and free hire
07 Feb 2012 15:33 GMT
Trader pays nothing to hire vessel and gets discount on bunker costs.

Statoil Fuel & Retail posts dip in 2011 earnings
07 Feb 2012 14:23 GMT
CEO applauds 'robust' financial performance in challenging market conditions.

Rotterdam Market Report
07 Feb 2012 12:41 GMT

Market Briefing
07 Feb 2012 11:42 GMT
Technical and geopolitical issues drive oil prices up (Brent: USD 116.2)

Technology to eliminate particulate emissions from ships
07 Feb 2012 11:13 GMT
Particulate filter to be tested for one year on an ocean-going vessel.

Singapore Market Commentary (with evening update)
07 Feb 2012 06:31 GMT

Rotterdam: Fewer VLCCs loaded fuel oil in 2011
06 Feb 2012 17:24 GMT
The number of VLCCs loading fuel oil falls 11.4 percent, whilst fuel oil tonnage is down 9.2 percent.

Praxis Market Update
06 Feb 2012 14:37 GMT

Rotterdam 380-cst average up $52 in January
06 Feb 2012 13:04 GMT
Average monthly 380-centistoke price hits 42-month high at Europe's leading bunker port.

Intertek opens Takoradi testing lab
06 Feb 2012 12:45 GMT
New facility to test marine fuels, lubricants, diesel and gasoline.

Global Vision Market Report
06 Feb 2012 12:27 GMT

Rotterdam Market Report
06 Feb 2012 12:12 GMT

Turnover up 47% for Turkish supplier
06 Feb 2012 11:30 GMT
Rise in sales turnover driven by 12% increase in volume sold.

Market Briefing
06 Feb 2012 10:21 GMT
Upwards move on oil prices continues today (Brent: USD 114.2)

Singapore Market Commentary (with evening update)
06 Feb 2012 07:12 GMT

Intra-month price volatility analysis - January 2012
03 Feb 2012 15:48 GMT
January proved to be the most volatile month since October, data shows.

Praxis Market Update
03 Feb 2012 14:42 GMT

Fujairah: 380-cst average higher than in July 2008
03 Feb 2012 14:03 GMT
January 380-cst average surpasses the level recorded in July 2008, when crude reached record highs.

Global Vision Market Report
03 Feb 2012 13:15 GMT

Bunker Index (BIX) statistical summary
03 Feb 2012 12:17 GMT
Key monthly Bunker Index (BIX) data provided in price summary.

Rotterdam Market Report
03 Feb 2012 12:10 GMT

Singapore 380-cst average surges $61 in January
03 Feb 2012 10:46 GMT
Monthly average tops the $700 per tonne mark for the first time since July 2008.

Market Briefing
03 Feb 2012 09:53 GMT
Oil prices remain at high levels (Brent: USD 112)

Singapore Market Commentary (with evening update)
03 Feb 2012 06:54 GMT

Fuel oil stocks rise to 18-week high
02 Feb 2012 15:37 GMT
Inventories of fuel oil surge 8.7 percent in Singapore.

Praxis Market Update
02 Feb 2012 14:43 GMT

Global Vision Market Report
02 Feb 2012 11:49 GMT

Rotterdam Market Report
02 Feb 2012 11:27 GMT

Global bunker average up 3.8% in January
02 Feb 2012 11:26 GMT
First monthly average of 2012 surpasses last year's high, recorded in April.

Market Briefing
02 Feb 2012 09:58 GMT
Oil prices on the rise (Brent: USD 112.3)

Baltic Oil AGM to be held today
02 Feb 2012 09:36 GMT
Terminal operator to provide update on performance and announce appointments.

Coast Guard monitors fuel spill incident
02 Feb 2012 07:23 GMT
US Coast Guard continues to coordinate with Maersk ship in response to fuel leak in Savannah.

Singapore Market Commentary (with evening update)
02 Feb 2012 05:58 GMT

Cockett to host fuel seminar
01 Feb 2012 14:32 GMT
Bunker firm to host free seminar in London for customers.

Praxis Market Update
01 Feb 2012 14:14 GMT

Global Vision Market Report
01 Feb 2012 11:17 GMT

Rotterdam Market Report
01 Feb 2012 10:56 GMT

Market Briefing
01 Feb 2012 10:22 GMT
OPEC has a record month, again (Brent: $111.2)

Turkish Bunker Association elects new board of directors and president
01 Feb 2012 10:20 GMT
CYE Petrol's Ali Deniz Eraydin is elected president for 2012-2013.

Shipper raises bunker surcharge
01 Feb 2012 08:52 GMT
US firm cites rising bunker prices as the reason for its first surcharge increase since June.

Singapore Market Commentary (with evening update)
01 Feb 2012 06:42 GMT



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