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Home » News » News Archive - November 2012


News Archive - November 2012

Global Vision Market Report
29 Nov 2012 13:33 GMT

Relationships and trust key to managing counterparty risk
29 Nov 2012 13:07 GMT
Møller says industry must be wary of developing a 'too scientific' approach, which may stifle deals and progression.

First decline in five weeks for light distillates
29 Nov 2012 12:44 GMT
Light distillates are below 10 million barrels for the first time since November 7.

Middle distillate stocks rise in Singapore
29 Nov 2012 12:05 GMT
First inventory increase in three weeks for middle distillates in Singapore.

Fuel oil stocks rise to highest in 21 weeks
29 Nov 2012 11:34 GMT
Stocks of fuel oil rise for the fourth consecutive week in Singapore.

Market Briefing
29 Nov 2012 10:55 GMT
Mixed news - oil prices flat (Brent: $109.7)

Rotterdam Market Report
29 Nov 2012 10:42 GMT

Singapore Market Commentary (with evening update)
29 Nov 2012 05:31 GMT

Stolt Tankers orders fuel-efficient ships
28 Nov 2012 16:39 GMT
Owner says new ships were designed to deliver 'substantial improvements' in fuel efficiency.

Praxis Market Update
28 Nov 2012 14:24 GMT

Rotterdam Market Report
28 Nov 2012 14:20 GMT

Global Vision Market Report
28 Nov 2012 13:31 GMT

LNG bunkering report released
28 Nov 2012 13:17 GMT
Report on LNG bunkering trends is available free of charge.

New head of DNV Research and Innovation
28 Nov 2012 11:42 GMT
New MD views his new role as an opportunity to build on DNV's research achievements.

Market Briefing
28 Nov 2012 10:23 GMT
World’s biggest poker game continues – oil prices in small setback (Brent: $109.80)

Singapore Market Commentary (with evening update)
28 Nov 2012 06:37 GMT

Praxis Market Update
27 Nov 2012 13:24 GMT

Global Vision Market Report
27 Nov 2012 13:20 GMT

Rotterdam Market Report
27 Nov 2012 12:47 GMT

ICS at climate change conference
27 Nov 2012 12:14 GMT
ICS will report on the progress being made by shipowners to improve fuel efficiency and reduce CO2 emissions.

Rolls-Royce to develop gas-powered ferry design
27 Nov 2012 11:34 GMT
Agreement signed with Italian ferry operator Lauro Shipping.

Trader leaves Singapore bunker firm
27 Nov 2012 10:25 GMT
Staff departure at Singapore-based supply company.

Market Briefing
27 Nov 2012 10:14 GMT

Singapore Market Commentary (with evening update)
27 Nov 2012 06:29 GMT

Curoil appoints fuel trader
26 Nov 2012 19:02 GMT
New team member replaces Muhamed 'Ali' Dennaoui.

Praxis Market Update
26 Nov 2012 15:11 GMT

Global Vision Market Report
26 Nov 2012 13:22 GMT

Rotterdam Market Report
26 Nov 2012 12:22 GMT

Sea trials in January for LNG-fuelled ro-ro ship
26 Nov 2012 11:45 GMT
High speed passenger ro-ro vessel will operate between Argentina and Uruguay.

Project to build LNG terminal in Sweden
26 Nov 2012 11:23 GMT
LNG import terminal will be located in Lysekil, on the west coast of Sweden.

Market Briefing
26 Nov 2012 11:12 GMT

Plan to build refinery in Vietnam
26 Nov 2012 08:26 GMT
New refining plant would have a capacity of 660,000 barrels per day.

Singapore Market Commentary (with evening update)
26 Nov 2012 05:38 GMT

Tender to purchase fuel oil cargoes
23 Nov 2012 17:58 GMT
Oil firm is seeking up to 13 cargoes of fuel oil for delivery in early 2013.

Starfuels appoints fuel oil brokers
23 Nov 2012 15:12 GMT
Eight fuel oil derivative brokers are hired for new Singapore operation.

Global Vision Market Report
23 Nov 2012 13:36 GMT

Brightoil announces bunker appointments
23 Nov 2012 12:38 GMT
Managerial appointments made at Brightoil Petroleum. Crude oil team 'at full strength'.

Praxis Market Update
23 Nov 2012 12:04 GMT

Rotterdam Market Report
23 Nov 2012 11:27 GMT

Market Briefing
23 Nov 2012 10:35 GMT
Euro zone negotiations still far from reaching a budget deal (Brent: $110.5).

Singapore Market Commentary (with evening update)
23 Nov 2012 06:21 GMT

Fuel oil inventories at highest level since July 4
22 Nov 2012 12:55 GMT
Stocks of fuel oil rise for the third consecutive week in Singapore.

Praxis Market Update
22 Nov 2012 12:42 GMT

Global Vision Market Report
22 Nov 2012 10:53 GMT

Rotterdam Market Report
22 Nov 2012 10:31 GMT

Market Briefing
22 Nov 2012 09:40 GMT
Ceasefire between Israel and Hamas (Brent: $110.6).

Jazan Refinery contracts signed
22 Nov 2012 07:21 GMT
Ceremony held to sign the engineering, construction and procurement contracts of the Jazan Refinery and Terminal.

Barge operator recognized for environmental safety record
22 Nov 2012 06:40 GMT
Bunker barge firm is honoured at US awards ceremony.

Plan to build mega port in Nigeria
22 Nov 2012 06:17 GMT
First phase of the project is scheduled to open in 2016.

Singapore Market Commentary (with evening update)
22 Nov 2012 04:49 GMT

Global Vision Market Report
21 Nov 2012 16:02 GMT

Rotterdam Market Report
21 Nov 2012 10:55 GMT

Market Briefing
21 Nov 2012 08:55 GMT
Oil prices down on peace negotiations and failed Greece lending talks.

Manufacturer provides summary of fuel-related products
21 Nov 2012 08:06 GMT
Company gives an overview of its marine business with focus on environmental and energy applications.

Singapore Market Commentary (with evening update)
21 Nov 2012 06:46 GMT

Aegean announces repurchase programme
21 Nov 2012 00:37 GMT
Board of directors approves repurchase programme for up to one million shares.

WFS declares cash dividend
21 Nov 2012 00:05 GMT
Latest cash dividend follows 1.3 percent dip in third quarter net income.

HK regulations 'badly required' to control ship emissions
20 Nov 2012 13:57 GMT
Hong Kong government is urged to act quickly to improve air quality.

Praxis Market Update
20 Nov 2012 13:37 GMT

Global Vision Market Report
20 Nov 2012 12:01 GMT

OW Bunker launches Gulf of Mexico supply operation
20 Nov 2012 11:40 GMT
2011-built double-hulled vessel is equipped with tanks to supply LSFO and HFO.

Rotterdam Market Report
20 Nov 2012 11:30 GMT

Market Briefing
20 Nov 2012 09:02 GMT
Euro zone update: France downgraded, Greece new loan tranche (Brent: $111).

Oil spill research report released
20 Nov 2012 08:02 GMT
Document includes recommendations for future work including oil spill response technologies.

Singapore Market Commentary (with evening update)
20 Nov 2012 06:33 GMT

SLNG awards terminal expansion contract
19 Nov 2012 15:29 GMT
Expansion plans include the installation of additional facilities to increase annual capacity to 9 million tonnes.

LNG fuel system to be installed on gas tankers
19 Nov 2012 14:58 GMT
Dutch firm to engineer, produce and supervise the installation of an LNG system on two gas tankers.

Global Vision Market Report
19 Nov 2012 13:31 GMT

Fuel-efficienct ship to be built in Japan
19 Nov 2012 13:22 GMT
Supramax vessel is expected to provide an improved fuel efficiency of around 10 percent.

Rotterdam Market Report
19 Nov 2012 11:31 GMT

Singapore Market Commentary (with evening update)
19 Nov 2012 10:30 GMT

Market Briefing
19 Nov 2012 09:33 GMT
Middle Eastern update (Brent: $109.8).

BP Shipping aims to cut fuel costs with optimization tools
16 Nov 2012 14:05 GMT
Ship operator in three-year deal to install Jeppesen's Vessel and Voyage Optimization Solution on 52 of its vessels.

Odfjell to build Le Havre storage terminal
16 Nov 2012 13:26 GMT
First phase terminal storage capacity is expected to be approximately 200,000 cubic metres.

Global Vision Market Report
16 Nov 2012 13:09 GMT

Respondents 'unaware' of potential fuel savings
16 Nov 2012 12:34 GMT
Majority of survey respondents were said to be unaware of the scope of potential fuel savings the SEEMP could trigger.

Rotterdam Market Report
16 Nov 2012 11:23 GMT

Market Briefing
16 Nov 2012 09:38 GMT
Israel preparing for military escalation against Hamas (Brent: $108.0).

Singapore Market Commentary (with evening update)
16 Nov 2012 06:46 GMT

Praxis Market Update
15 Nov 2012 15:24 GMT

Middle distillate stocks dip in Singapore
15 Nov 2012 13:22 GMT
Despite the decrease, inventories of middle distillates are at their second-highest since March.

Global Vision Market Report
15 Nov 2012 12:28 GMT

Rotterdam Market Report
15 Nov 2012 12:11 GMT

Second-highest fuel oil stocks since Aug 7
15 Nov 2012 12:04 GMT
Inventories of fuel oil rise for the second consecutive week in Singapore.

Market Briefing
15 Nov 2012 08:49 GMT
Hamas to Israel: you’ve opened the gates of hell (Brent: $108.8).

Aegean announces Q3 results
15 Nov 2012 06:51 GMT
Bunker supplier records a year-on-year rise in net income during the third quarter of 2012.

Singapore Market Commentary (with evening update)
15 Nov 2012 06:13 GMT

Global Vision Market Report
14 Nov 2012 15:01 GMT

Praxis Market Update
14 Nov 2012 14:44 GMT

Survey of shore-based operators in Singapore
14 Nov 2012 13:41 GMT
Annual survey to be conducted by ML Research Consultants Pte. Ltd.

Rotterdam Market Report
14 Nov 2012 11:31 GMT

Market Briefing
14 Nov 2012 10:30 GMT
The IEA sets U.S. oil production to surpass Saudi Arabia in 2020 (Brent: $108.3).

Project to develop US LNG bunkering facility
14 Nov 2012 08:51 GMT
Louisiana project forms part of overall plan to develop LNG bunkering facilities on each US coast.

Singapore: Lowest 3-monthly sales since Feb-Apr 2011
14 Nov 2012 07:05 GMT
Bunker sales rise in Singapore, but 3-monthly sales between August and October are the lowest since February to April 2011.

Singapore Market Commentary (with evening update)
14 Nov 2012 05:08 GMT

Praxis Market Update
13 Nov 2012 14:44 GMT

UK to launch vessel efficiency competition
13 Nov 2012 14:22 GMT
Competition is aimed at accelerating innovation and technologies for the UK marine industry in the area of vessel efficiency.

Global Vision Market Report
13 Nov 2012 12:52 GMT

Rotterdam Market Report
13 Nov 2012 11:33 GMT

Market Briefing
13 Nov 2012 10:21 GMT
Greek bailout: EU ministers decided on... not to decide (Brent: $108.5).

Manufacturing firm orders LNG-fuelled ships
13 Nov 2012 07:41 GMT
LNG-powered vessels commissioned for both environmental and economic reasons.

Lower fuel consumption with modified system
13 Nov 2012 06:40 GMT
New modified system will use patent pending technology to reduce fuel consumption and emissions.

Port of Singapore announces bunker amendments
12 Nov 2012 18:24 GMT
The Singapore Standard Code of Practice for Bunkering and the Singapore Standard Specification for Quality Management for Bunker Supply Chain are amended.

Praxis Market Update
12 Nov 2012 14:02 GMT

Global Vision Market Report
12 Nov 2012 13:51 GMT

Wärtsilä sells more than 2000 gas-fuelled engines
12 Nov 2012 12:57 GMT
Finnish firm says the engines have together accumulated more than 7 million operational running hours.

Rotterdam Market Report
12 Nov 2012 12:46 GMT

Counting the cost of avoidable errors
12 Nov 2012 12:21 GMT
Avoidable errors can prove expensive for ship agents, says indemnity insurer.

Market Briefing
12 Nov 2012 09:50 GMT
Oil is trading sideways (Brent: $109).

Hyundai Heavy unveils world’s first gas engine package
12 Nov 2012 09:27 GMT
Shipbuilder carries out demonstration test of an ME-GI dual fuel engine in combination with Hi-GAS.

Singapore Market Commentary (with evening update)
12 Nov 2012 06:35 GMT

Long Island terminal deal completed
09 Nov 2012 19:33 GMT
United Refining subsidiary acquires terminal with over 5 million barrels of petroleum storage capacity.

'Strong support' jumpstarts Sustainable Ocean Summit
09 Nov 2012 18:20 GMT
Companies sign up to ocean business community event.

Port Angeles cleanup continues
09 Nov 2012 14:13 GMT
Coast Guard continues to oversee oil spill cleanup operations at Tesoro Port Angeles Terminal in Port Angeles.

Global Vision Market Report
09 Nov 2012 13:38 GMT

Praxis Market Update
09 Nov 2012 13:29 GMT

COSCON announces bunker adjustment
09 Nov 2012 13:03 GMT
Emergency bunker adjustment will be effective from November 15.

Rotterdam Market Report
09 Nov 2012 11:22 GMT

Market Briefing
09 Nov 2012 08:55 GMT
Back in the same old news loop (Brent: $107.1).

Singapore Market Commentary (with evening update)
09 Nov 2012 06:33 GMT

GAC appoints new Group President
08 Nov 2012 15:33 GMT
Bengt Ekstrand to take over from Lars Säfverström in January 2013.

Middle distillates: Largest percentage rise in 18 months
08 Nov 2012 13:35 GMT
In unit terms, middle distillate stocks rise the most since July 2011.

Fuel oil stocks rise in Singapore
08 Nov 2012 12:41 GMT
Inventories of fuel oil rebound from last week's decline in Singapore.

Global Vision Market Report
08 Nov 2012 12:32 GMT

Rotterdam Market Report
08 Nov 2012 11:20 GMT

Market Briefing
08 Nov 2012 08:37 GMT
End of election honeymoon - big drop in oil prices.

Bunker tanker approved for Coveñas deliveries
08 Nov 2012 07:27 GMT
Bunkers International vessel is now fully authorized to supply at the Colombian port of Coveñas.

Singapore Market Commentary
08 Nov 2012 05:57 GMT

Oiltanking selects new CEO
07 Nov 2012 15:08 GMT
Former Sunoco Refining Senior Vice President is appointed Chief Executive Officer of Oiltanking Partners.

Praxis Market Update
07 Nov 2012 14:25 GMT

Global Vision Market Report
07 Nov 2012 13:21 GMT

Rotterdam Market Report
07 Nov 2012 11:04 GMT

Market Briefing
07 Nov 2012 10:11 GMT
Obama’s second term (Brent: $111.3).

Green light for Savannah expansion project
07 Nov 2012 08:39 GMT
Country's fourth busiest container port prepares for Post-Panamax era.

'Large orders' for emissions monitoring system
07 Nov 2012 08:03 GMT
Manufacturer says over 100 of its systems have already been installed, clocking up millions of operating hours.

Singapore Market Commentary (with evening update)
07 Nov 2012 06:13 GMT

Praxis Market Update
06 Nov 2012 15:07 GMT

CEPSA to supply RMK 500 in Tenerife
06 Nov 2012 14:31 GMT
Supplier to begin carrying out deliveries of RMK 500 later this week.

Global Vision Market Report
06 Nov 2012 13:42 GMT

Rotterdam Market Report
06 Nov 2012 13:41 GMT

Bunker Award up for grabs in Singapore
06 Nov 2012 11:11 GMT
The 2013 edition of the Singapore International Maritime Awards (IMA) is now open for nominations.

Market Briefing
06 Nov 2012 09:35 GMT
Election time (Brent:$107.1).

Fuel-sharing mode for Greek operators
06 Nov 2012 09:01 GMT
Carriers will be able to burn both gaseous and liquid fuels for flexibility in fuel-sharing mode.

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

Kasbar to present at New York event
05 Nov 2012 22:27 GMT
World Fuel Services CEO is scheduled to present at US investment conference.

Bunker Index (BIX) statistical summary
05 Nov 2012 15:48 GMT
Key monthly Bunker Index (BIX) data provided in price summary.

Praxis Market Update
05 Nov 2012 15:41 GMT

New York terminals open for business
05 Nov 2012 14:42 GMT
Most container terminals have opened for business this morning at the Port of New York & New Jersey.

Global Vision Market Report
05 Nov 2012 12:37 GMT

Rotterdam Market Report
05 Nov 2012 11:52 GMT

Market Briefing
05 Nov 2012 11:22 GMT
Election time- almost at the finish line (Brent: $105.5).

Scientists look to cut fuel consumption in gas turbine engines
05 Nov 2012 08:37 GMT
Researchers believe that Rotating Detonation Engines have the potential to reduce fuel use by 25%.

Singapore Market Commentary (with evening update)
05 Nov 2012 08:01 GMT

Singapore MGO vs ICE Gas Oil
02 Nov 2012 22:08 GMT
Analysis of Singapore marine gas oil and ICE Gas Oil prices.

Global Vision Market Report
02 Nov 2012 12:11 GMT

Rotterdam Market Report
02 Nov 2012 11:33 GMT

WTI vs BIX price comparison
02 Nov 2012 10:28 GMT
Analysis of WTI crude vs the BIX global bunker price.

Market Briefing
02 Nov 2012 09:28 GMT
US economy still moving forward (Brent: $108.1).

World Fuel Services posts rise in marine profit
02 Nov 2012 07:59 GMT
Marine segment gross profit increases by 8 percent year-on-year during the third quarter of 2012.

Aegean to discuss Q3 results
02 Nov 2012 07:12 GMT
Supplier to hold conference call and webcast following the announcement of its Q3 2012 results later this month.

Singapore Market Commentary (with evening update)
02 Nov 2012 05:38 GMT

Brent vs BIX price comparison
01 Nov 2012 17:31 GMT
Analysis of Brent crude vs the BIX global bunker price.

Praxis Market Update
01 Nov 2012 14:07 GMT

October the least volatile month since April
01 Nov 2012 13:04 GMT
BIX data shows that price volatility fell to its third-lowest level since October 2010.

Global Vision Market Report
01 Nov 2012 12:55 GMT

Wilhelmsen name change announced
01 Nov 2012 12:14 GMT
Wilhelmsen Premier Marine Fuels changes company name as part of rebranding strategy.

Rotterdam Market Report
01 Nov 2012 11:23 GMT

Market Briefing
01 Nov 2012 10:02 GMT
Choppy trading in the 'Sandy' aftermath (Brent: $108.8).

BIX global bunker average down $19 in October
01 Nov 2012 07:22 GMT
Global average falls for the first time since June.

Singapore Market Commentary (with evening update)
01 Nov 2012 05:58 GMT



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