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Home » News » News Archive - September 2012


News Archive - September 2012

Trader leaves bunker department
28 Sep 2012 17:41 GMT
Experienced bunker trader is assigned to new role within the company.

Rotterdam 380-cst average climbs $8 per tonne
28 Sep 2012 16:23 GMT
Monthly 380-cst average rises to its highest level since April in Rotterdam.

Praxis Market Update
28 Sep 2012 15:21 GMT

Fujairah 380-cst up 1% in September
28 Sep 2012 13:30 GMT
Average monthly 380-cst price climbs $7 per tonne at the Middle East's leading bunker port.

Global Vision Market Report
28 Sep 2012 12:30 GMT

Singapore 380-cst climbs $12 in September
28 Sep 2012 12:17 GMT
Monthly Singapore 380-cst average rises for the third consecutive month in September.

Rotterdam Market Report
28 Sep 2012 12:14 GMT

Market Briefing
28 Sep 2012 09:42 GMT
Israeli PM tries for a field goal (Brent: $112.8).

Wrist Group launches trading company for fuels and lubes
28 Sep 2012 06:48 GMT
New Singapore firm Dynamic Oil Trading is headed by CEO Lars Møller.

Singapore Market Commentary (with evening update)
28 Sep 2012 06:26 GMT

Cyprus terminal to be completed in 2014
27 Sep 2012 18:45 GMT
Third phase of construction project is due to be completed by the end of 2014, says managing director.

Praxis Market Update
27 Sep 2012 14:54 GMT

Middle distillates climb 1% in Singapore
27 Sep 2012 13:28 GMT
Inventories of middle distillates rise by 90,000 barrels, data shows.

Global Vision Market Report
27 Sep 2012 12:22 GMT

First fall in fuel oil stocks in five weeks
27 Sep 2012 12:15 GMT
Fuel oil inventory levels decrease by 7.3 percent in Singapore.

Ulsan storage project to begin next year
27 Sep 2012 11:55 GMT
New storage hub will consist of two terminals - for petroleum products and crude oil.

Rotterdam Market Report
27 Sep 2012 11:13 GMT

Market Briefing
27 Sep 2012 10:03 GMT
Surprise draw on US inventories (Brent: $110.3)

Singapore Market Commentary (with evening update)
27 Sep 2012 06:21 GMT

Analysis of container volumes in the Mediterranean
26 Sep 2012 16:31 GMT
Report confirms that Turkey is developing the largest share of new capacity in the region.

Praxis Market Update
26 Sep 2012 15:21 GMT

Lubmarine launches three barges in Singapore
26 Sep 2012 13:31 GMT
Vessels will be operated by Lubmarine’s logistics partner Ocean Tankers.

Global Vision Market Report
26 Sep 2012 13:15 GMT

Rotterdam Market Report
26 Sep 2012 11:14 GMT

Market Briefing
26 Sep 2012 10:23 GMT
Oil prices taking a breather (Brent: $109.8)

Navy converts CO2 and H2 into fuel
26 Sep 2012 09:53 GMT
Scientists are developing a process that converts carbon dioxide and hydrogen gas into fuel via a gas-to-liquids process.

Carnival bunker costs down $40 million
26 Sep 2012 08:01 GMT
Fuel costs decrease by $27 per tonne between June and August 2012.

Singapore Market Commentary (with evening update)
26 Sep 2012 05:51 GMT

Algeciras bunker sales up 16 percent
25 Sep 2012 16:33 GMT
Increase in sales volumes is attributed to the rise in container traffic at Spain's leading bunker port.

Authorities approve Cockett deal
25 Sep 2012 15:34 GMT
Grindrod's sale of a 50% interest in Cockett to Vitol is approved by the European and South African Competition authorities.

Praxis Market Update
25 Sep 2012 15:11 GMT

Saving fuel with Malacca Straits tidal model
25 Sep 2012 13:31 GMT
New tidal model will potentially save ships thousands of dollars in bunker fuel costs, says developer.

Global Vision Market Report
25 Sep 2012 12:32 GMT

Rotterdam Market Report
25 Sep 2012 12:18 GMT

Market Briefing
25 Sep 2012 09:33 GMT
Stuck between and rock and a hard place (Brent: $109.50)

SIBCON sets out to explore sustainable solutions
25 Sep 2012 09:06 GMT
Keynote and industry addresses to focus on market drivers and how the industry should respond to current challenges.

Singapore Market Commentary (with evening update)
25 Sep 2012 06:31 GMT

OW Bunker launches new global quality control
24 Sep 2012 17:13 GMT
Clients to be provided with a specification analysis prior to the usual testing procedures conducted by an external provider.

Praxis Market Update
24 Sep 2012 14:31 GMT

Global Vision Market Report
24 Sep 2012 13:18 GMT

Rotterdam Market Report
24 Sep 2012 11:43 GMT

Market Briefing
24 Sep 2012 11:01 GMT
Few macroeconomic numbers ahead (Brent: $110.4)

Odfjell to reduce Rotterdam workforce by 35%
24 Sep 2012 10:08 GMT
Terminal operator plans to cut staff numbers in Rotterdam.

Ships urged to switch to cleaner fuel in Hong Kong
24 Sep 2012 09:17 GMT
Research finds that SO2 deaths would fall by 91% if ships used 0.1% sulphur fuel.

LNG terminal project ahead of schedule
24 Sep 2012 08:11 GMT
LNG facilility is said to be on course to be ready for operational start up by the second quarter of 2013.

Singapore Market Commentary (with evening update)
24 Sep 2012 05:56 GMT

Sustainable 'pure thinking' solutions
21 Sep 2012 22:17 GMT
Sustainable solutions are designed to help ship owners comply with current and pending environmental regulations.

North American ECA FAQs
21 Sep 2012 14:31 GMT
Frequently asked questions on the North American Emissions Control Area.

Praxis Market Update
21 Sep 2012 14:02 GMT

Global Vision Market Report
21 Sep 2012 13:21 GMT

Trader leaves German bunker firm
21 Sep 2012 12:02 GMT
Trader is expected to continue working in the marine fuels industry, but details regarding his next post are yet to be confirmed.

Gazprom in LNG bunker agreement
21 Sep 2012 11:19 GMT
World's leading gas producer signs MoU on the supply and storage of LNG bunker fuel in North Europe.

Rotterdam Market Report
21 Sep 2012 11:02 GMT

Market Briefing
21 Sep 2012 10:18 GMT
North Sea production disrupted - unstable Libya security situation.

Singapore Market Commentary (with evening update)
21 Sep 2012 06:57 GMT

Chinese supplier plans $32.5m fleet expansion
20 Sep 2012 19:24 GMT
Bunker firm intends to purchase seven delivery vessels as part of its expansion programme.

Praxis Market Update
20 Sep 2012 15:21 GMT

Rotterdam Market Report
20 Sep 2012 13:11 GMT

Global Vision Market Report
20 Sep 2012 12:24 GMT

Fuel oil stocks rise to six-week high
20 Sep 2012 11:22 GMT
Inventories rise for the fourth consecutive week in Singapore.

Market Briefing
20 Sep 2012 11:13 GMT
Oil market flash crash (Brent: $107.8)

Gazprom Neft in Black Sea bunker takeover talks
20 Sep 2012 10:01 GMT
Russian firm in discussions to take over bunkering operations at the port of Constantza.

Dan-Bunkering appoints trader in Monaco
20 Sep 2012 08:57 GMT
Monaco office expands team with the appointment of experienced bunker trader.

Singapore Market Commentary (with evening update)
20 Sep 2012 06:17 GMT

Praxis Market Update
19 Sep 2012 15:08 GMT

ABB launches advisory systems to cut fuel costs
19 Sep 2012 14:31 GMT
An integrated power, automation and advisory system can help slash fuel consumption by up to 20%, says ABB.

Global Vision Market Report
19 Sep 2012 13:20 GMT

International Bunkering expands trading team
19 Sep 2012 13:04 GMT
Traders appointed in Singapore and Dubai.

Market Briefing
19 Sep 2012 11:37 GMT
Saudi Arabia will provide extra oil to the market (Brent: $112.4)

Rotterdam Market Report
19 Sep 2012 11:11 GMT

Fuel blending calculator launched
19 Sep 2012 07:59 GMT
Online calculator is designed to assist clients to develop the optimal blend ratio.

Singapore Market Commentary (with evening update)
19 Sep 2012 06:14 GMT

Praxis Market Update
18 Sep 2012 14:48 GMT

Shipping confidence falls to new low
18 Sep 2012 14:12 GMT
August decrease comes after three successive quarters of improved confidence.

Global Vision Market Report
18 Sep 2012 13:41 GMT

Rotterdam Market Report
18 Sep 2012 11:14 GMT

Market Briefing
18 Sep 2012 09:50 GMT
Rumour rumour, read all about it (Brent: $113.2).

Dammam congestion may last until October - source
18 Sep 2012 09:41 GMT
Saudi Arabian port continues to experience terminal congestion, which in turn is affecting ship traffic.

Saving energy and reducing CO2 emissions
18 Sep 2012 08:55 GMT
Company presents fuel-saving waste heat recovery products and fuel treatment line.

Singapore Market Commentary (with evening update)
18 Sep 2012 06:18 GMT

Fujairah project investment revealed
17 Sep 2012 19:22 GMT
$130 million to be invested in Fujairah storage terminal project.

Praxis Market Update
17 Sep 2012 15:02 GMT

Oil spill exercise in the Pacific Northwest
17 Sep 2012 13:51 GMT
Tanker and barge operators to participate in this week's drill.

Global Vision Market Report
17 Sep 2012 11:12 GMT

Rotterdam Market Report
17 Sep 2012 11:06 GMT

Market Briefing
17 Sep 2012 10:01 GMT
Market buoyed by QE (Brent: $116.2).

LNG fuel event held in Norway
17 Sep 2012 09:34 GMT
Key LNG issues discussed at the third annual Gas Fuelled Ships Conference.

Fuel incentive scheme in Hong Kong
17 Sep 2012 08:47 GMT
Reduction in port facility and light dues for ships switching to cleaner fuel while berthed in Hong Kong.

Singapore Market Commentary (with evening update)
17 Sep 2012 06:21 GMT

LNG at the heart of shipping concept
14 Sep 2012 15:20 GMT
A ship powered by LNG is a key part of an integrated concept for the inland shipping industry.

Praxis Market Update
14 Sep 2012 14:33 GMT

Global Vision Market Report
14 Sep 2012 14:21 GMT

Rotterdam Market Report
14 Sep 2012 11:41 GMT

New GAC bunker service in Brazil
14 Sep 2012 11:12 GMT
GAC offering a new bunker fuels provision service at the port of Santos.

Market Briefing
14 Sep 2012 09:47 GMT
QE3 is here, prepare for higher oil prices (Brent: $116.8).

Onshore power projects in three European ports
14 Sep 2012 09:12 GMT
Shore-based power to be introduced at terminals in the UK, Belgium and Sweden.

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

Middle distillates climb 0.5m barrels in Singapore
13 Sep 2012 18:50 GMT
Inventories of middle distillates rise the most in five weeks, data shows.

Praxis Market Update
13 Sep 2012 15:21 GMT

Global Vision Market Report
13 Sep 2012 13:33 GMT

Fuel oil stocks rise to five-week high
13 Sep 2012 12:52 GMT
Singapore records third consecutive weekly increase as inventory levels recover from recent 7-month low.

Rotterdam Market Report
13 Sep 2012 11:38 GMT

Dan-Bunkering expands team in China
13 Sep 2012 11:31 GMT
Dena Kong will be based at Dan-Bunkering's Beijing office.

Second lowest sales of the year in Singapore
13 Sep 2012 09:55 GMT
Bunker sales fall to their lowest level since February at the world's leading bunker port.

Market Briefing
13 Sep 2012 09:10 GMT
All eyes on Bernanke (Brent: $115.3).

Singapore Market Commentary (with evening update)
13 Sep 2012 06:31 GMT

Praxis Market Update
12 Sep 2012 16:44 GMT

Vopak signs agreement for terminal automation systems
12 Sep 2012 16:18 GMT
Emerson Process Management to provide automation systems for Vopak's terminal facilities around the world.

Vopak to raise Rotterdam capacity by 0.5m cubic metres
12 Sep 2012 14:12 GMT
Expansion project is scheduled to be completed in 2013.

First call at Rotterdam for fuel-saving ship
12 Sep 2012 12:48 GMT
Vessel has been specifically designed for slow steaming, enabling it to save 35 tonnes of fuel per day.

Global Vision Market Report
12 Sep 2012 12:13 GMT

Rotterdam Market Report
12 Sep 2012 11:48 GMT

ALGAE-X launches fuel polishing system
12 Sep 2012 09:21 GMT
System is said to stabilize and optimize fuel, keeping it in pristine, 'clear & bright' condition.

Market Briefing
12 Sep 2012 08:55 GMT
Israel continues to pursue 'red lines' for Iran (Brent: $115.7).

Singapore Market Commentary (with evening update)
12 Sep 2012 06:57 GMT

Eco-groups welcome EU sulphur vote
11 Sep 2012 21:31 GMT
Green groups welcome the adoption of the new law to cut the sulphur limit on marine fuels to 0.5% by 2020.

EU adopts 2020 sulphur limit legislation
11 Sep 2012 16:14 GMT
New rules will bring European legislation in line with limits agreed by the International Maritime Organization.

Praxis Market Update
11 Sep 2012 15:31 GMT

'Successful' demonstration of fuel-saving autopilot
11 Sep 2012 15:23 GMT
Autopilot technology is said to save fuel by significantly reducing rudder movements.

Global Vision Market Report
11 Sep 2012 14:04 GMT

Rotterdam Market Report
11 Sep 2012 11:14 GMT

AIDA takes holistic approach to sustainability
11 Sep 2012 10:15 GMT
Cruise firm views sustainability not as a limitation but as a way to improve its services and customer experience.

GL approves LNG-fuelled container ship
11 Sep 2012 09:28 GMT
Vessel is said to provide fuel cost savings of approximately 30 percent.

Market Briefing
11 Sep 2012 09:02 GMT
Interesting days ahead! (Brent: $114.7)

Singapore Market Commentary (with evening update)
11 Sep 2012 06:29 GMT

'No further spillage' in Singapore
10 Sep 2012 17:28 GMT
Vessel traffic in Singapore remains unaffected as containment and cleanup efforts continue.

Praxis Market Update
10 Sep 2012 15:41 GMT

Matson raises bunker surcharge
10 Sep 2012 14:10 GMT
Shipper cites the recent increase in bunker prices as the reason for its surcharge rise.

Global Vision Market Report
10 Sep 2012 12:34 GMT

Rotterdam Market Report
10 Sep 2012 12:31 GMT

LSFO to be supplied in Yangshan
10 Sep 2012 10:22 GMT
Supplier is expected to commence supplying LSFO at Yangshan to meet local demand for the product.

Market Briefing
10 Sep 2012 09:55 GMT
Quantitative easing ahead in the world's two largest economies? (Brent: $114.5)

Bunker spill cleanup in Singapore
10 Sep 2012 07:22 GMT
Patrol and anti-pollution craft are deployed to clean up bunker spill following collision at the Temasek Fairway.

Singapore Market Commentary (with evening update)
10 Sep 2012 06:25 GMT

Praxis Market Update
07 Sep 2012 15:18 GMT

Johnny McIlroy joins Cockett Marine Oil
07 Sep 2012 14:48 GMT
McIlroy named Group Credit Manager at Cockett Marine Oil's UK office.

Rotterdam Market Report
07 Sep 2012 14:44 GMT

Middle distillate stocks fall in Singapore
07 Sep 2012 12:15 GMT
Inventories of middle distillates decline for the first time in three weeks in Singapore.

Fuel oil stocks rise in Singapore
07 Sep 2012 11:36 GMT
It is the first time since August 7 that inventory levels have been above 18 million barrels.

Trader joins Global Vision Bunkers
07 Sep 2012 09:32 GMT
Experienced ARA trader joins Global Vision's bunker operations team.

Market Briefing
07 Sep 2012 08:11 GMT
Friday - a day of volatility (Brent $113.4)

Singapore Market Commentary
07 Sep 2012 07:10 GMT

Global Vision Market Report
06 Sep 2012 15:11 GMT

Praxis Market Update
06 Sep 2012 15:01 GMT

Cockett moves office in Dubai
06 Sep 2012 12:31 GMT
Cockett Marine Oil relocates to new premises at Jumeirah Lakes Towers, Dubai.

Rotterdam Market Report
06 Sep 2012 11:41 GMT

Emission management tool launched
06 Sep 2012 09:41 GMT
New product allows operators to collect, track and calculate the emissions of a ship.

EPA approves marine gas engine
06 Sep 2012 09:02 GMT
Marine gas engine is approved for sale in the United States market.

Market Briefing
06 Sep 2012 08:54 GMT
All eyes on the ECB (Brent: $113.6)

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

Shell to charter LNG-powered tank barges
05 Sep 2012 15:21 GMT
New LNG-fuelled barges will operate in The Netherlands, Switzerland and Germany.

Praxis Market Update
05 Sep 2012 14:44 GMT

Global Vision Market Report
05 Sep 2012 12:51 GMT

Rotterdam Market Report
05 Sep 2012 11:44 GMT

'Smooth operation' with fuel cells
05 Sep 2012 11:36 GMT
Research paper highlights findings from research projects on new technological developments.

Market Briefing
05 Sep 2012 08:51 GMT
Awaiting the Central Banks (Brent: $114.0)

Dan-Bunkering recruits bunker trader
05 Sep 2012 08:47 GMT
Trader joins Dan-Bunkering's trading team in Middelfart, Denmark.

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

WFS completes CarterEnergy acquisition
04 Sep 2012 14:31 GMT
World Fuel Services Corporation increases global land volume to 3.5 billion gallons.

Praxis Market Update
04 Sep 2012 14:13 GMT

Rotterdam Market Report
04 Sep 2012 14:06 GMT

Brent vs BIX price comparison
04 Aug 2012 12:05 GMT
Analysis of Brent crude vs the BIX global bunker price.

Global Vision Market Report
04 Sep 2012 12:01 GMT

Singapore MGO vs ICE Gas Oil
04 Sep 2012 10:09 GMT
Analysis of Singapore marine gas oil and ICE Gas Oil prices.

Market Briefing
04 Sep 2012 09:15 GMT
Louisiana refineries about to restart (Brent: $115.9)

Vopak in oil product loading agreement
04 Sep 2012 08:22 GMT
Three-year agreement covers the loading and unloading of oil products from tankers to onshore storage facilities.

Singapore Market Commentary (with evening update)
04 Sep 2012 06:07 GMT

WTI vs BIX price comparison
04 Sep 2012 05:41 GMT
Analysis of WTI crude vs the BIX global bunker price.

Bunker Index (BIX) statistical summary
03 Sep 2012 14:50 GMT
Key monthly Bunker Index (BIX) data provided in price summary.

Global Vision Market Report
03 Sep 2012 14:33 GMT

Praxis Market Update
03 Sep 2012 14:31 GMT

August the second-most volatile month since May 2011
03 Sep 2012 12:35 GMT
BIX data shows that price volatility increased to its second-highest level in the last 15 months.

Rotterdam Market Report
03 Sep 2012 11:13 GMT

BIX bunker average up $47.42 in August
03 Aug 2012 09:41 GMT
August increase is the largest in dollar and percentage terms since March 2011.

Market Briefing
03 Sep 2012 09:12 GMT
Money. To print or not to print, that is the question (Brent: $114.20)

Singapore Market Commentary (with evening update)
03 Sep 2012 08:19 GMT



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