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Home » News » News Archive - March 2013


News Archive - March 2013

Contract to build LNG transferlines for ferry bunker system
28 Mar 2013 16:33 GMT
System to be built at the Norwegian port of Risavika, near Stavanger.

Rotterdam expands crude handling capacity
28 Mar 2013 14:27 GMT
Facilities for handling and storing crude oil are being expanded at Europe's largest port.

Rotterdam Market Report
28 Mar 2013 12:33 GMT

Lowest fuel oil stocks since August in Singapore
28 Mar 2013 09:05 GMT
Fuel oil inventories fall for the fourth consecutive week in Singapore to their lowest level in seven months.

Singapore Market Commentary (with noon update)
28 Mar 2013 06:31 GMT

Matrix Marine expands Houston ex-pipe service
27 Mar 2013 20:34 GMT
Low sulphur and high sulphur grades are now available ex-pipe to vessels working cargo at all docks.

Gazpromneft acquires Romanian supply firm
27 Mar 2013 20:18 GMT
Russian supplier Gazpromneft Marine Bunker says it expects annual sales in Constantza to exceed 100,000 tonnes.

Avoiding high fuel costs with anti-piracy service
27 Mar 2013 15:11 GMT
Anti-piracy solution offered as an alternative to re-routing around the Cape of Good Hope.

Early ECDIS adoption can offer savings
27 Mar 2013 14:31 GMT
Owners that adopt ECDIS early can benefit from increased safety and lower costs, says manufacturer.

Praxis Market Update
27 Mar 2013 14:03 GMT

Global Vision Market Report
27 Mar 2013 13:12 GMT

Rotterdam Market Report
27 Mar 2013 11:13 GMT

Market Briefing
27 Mar 2013 08:04 GMT
Risk-on is back - oil prices up (Brent: $109.0).

Singapore Market Commentary (with evening update)
27 Mar 2013 07:21 GMT

Shipping confidence reaches highest level for two years
26 Mar 2013 20:35 GMT
Improved expectation of freight rate increases and greater likelihood of new investment.

Ship managers to play key role in controlling fuel consumption
26 Mar 2013 14:18 GMT
COO says ship managers will play an important role in controlling consumption on existing ships and the eco ships of the future.

Decline in LNG freight market 'likely'
26 Mar 2013 13:28 GMT
Additional production required to keep unchartered vessels employed is 'not on the cards', says research firm.

Global Vision Market Report
26 Mar 2013 13:04 GMT

Oil terminal launched in Algeciras
26 Mar 2013 11:25 GMT
New facility has an initial storage capacity of 403,000 cubic metres.

Rotterdam Market Report
26 Mar 2013 11:23 GMT

Market Briefing
26 Mar 2013 09:44 GMT
Oil prices unchanged on European market jitters (Brent: $108.1).

Korean Register authorized to verify Clean Development Mechanism
26 Mar 2013 08:14 GMT
Authorization provides the platform to deliver verification services to the shipping sector, says Executive Vice President.

Singapore Market Commentary (with evening update)
26 Mar 2013 06:46 GMT

Praxis Market Update
25 Mar 2013 15:02 GMT

Portable sampling system launched
25 Mar 2013 13:48 GMT
New system uses laser technology to detect contamination in hydraulic oils and hydrocarbon fuels.

KPI Bridge Oil appoints Group Credit Manager
25 Mar 2013 12:52 GMT
Andrew Burton will be based at KPI Bridge Oil's headquarters in London.

Global Vision Market Report
25 Mar 2013 12:30 GMT

Rotterdam Market Report
25 Mar 2013 12:21 GMT

IBIA appoints new chief executive
25 Mar 2013 10:28 GMT
Captain Peter Hall is a former CEO and harbour master of the Gibraltar Port Authority.

Market Briefing
25 Mar 2013 08:33 GMT
10 billion euro bailout for Cyprus (Brent: $108.2).

Singapore Market Commentary (with evening update)
25 Mar 2013 06:44 GMT

Engine turned off for 280 miles to save fuel
22 Mar 2013 19:08 GMT
Owner saves fuel as product tanker drifts for 3-4 days by wind and sea current alone.

ABB system to receive technology award
22 Mar 2013 13:38 GMT
ABB's Onboard DC Grid is said to reduce fuel consumption and emissions by up to 20 percent.

Global Vision Market Report
22 Mar 2013 13:16 GMT

Rotterdam Market Report
22 Mar 2013 12:24 GMT

Praxis Market Update
22 Mar 2013 12:01 GMT

Market Briefing
22 Mar 2013 10:57 GMT
Cypriot uncertainty continues (Brent: $107.1).

Chimbusco to supply 500-cst in Qingdao - source
22 Mar 2013 09:23 GMT
Supplier is said to have already transported several thousand tonnes of 500-cst to the Shandong Province port.

Contract to build gas terminal in Germany
22 Mar 2013 08:21 GMT
New facility is scheduled to be completed by the end of 2015.

Singapore Market Commentary (with evening update)
22 Mar 2013 06:48 GMT

IMO and IPIECA launch oil spill preparedness initiative
21 Mar 2013 15:12 GMT
New programme is aimed at improving the oil spill preparedness and response capabilities in South East Asia.

Fuel-saving ship christened in South Korea
21 Mar 2013 14:35 GMT
Technology features are designed to lower fuel consumption and achieve a higher EEDI.

Praxis Market Update
21 Mar 2013 13:33 GMT

Gas combustion unit an economical alternative
21 Mar 2013 13:11 GMT
Unit is said to have lower installation costs and operating expenditures than comparable products.

Rotterdam Market Report
21 Mar 2013 11:12 GMT

Market Briefing
21 Mar 2013 10:38 GMT
Growth in China and continued money printing in the U.S. (Brent: $108.3).

Singapore fuel oil stocks at 8-week low
21 Mar 2013 10:08 GMT
Fuel oil inventories fall for the third consecutive week in Singapore.

Singapore Market Commentary (with evening update)
21 Mar 2013 06:48 GMT

Maersk: Bunker costs would have been $1.6bn higher
20 Mar 2013 18:50 GMT
Container line says its financial results would have effectively swung from positive to negative had it not improved its energy efficiency.

Global Vision Market Report
20 Mar 2013 14:04 GMT

Praxis Market Update
20 Mar 2013 13:43 GMT

MSC Preziosa to receive '7 Golden Pearls' award
20 Mar 2013 11:31 GMT
Award is a demonstration that MSC Cruises is committed to the environment, says Bureau Veritas.

Rotterdam Market Report
20 Mar 2013 11:21 GMT

Market Briefing
20 Mar 2013 11:14 GMT
Oil prices down on Cyprus worries (Brent: $108.1).

Brightoil appoints head of fuel oil trading - source
20 Mar 2013 07:48 GMT
Former Koch Refining trader is said to be joining Brightoil in April.

Singapore Market Commentary (with evening update)
20 Mar 2013 06:51 GMT

Environship concept wins award
19 Mar 2013 19:50 GMT
Ship design includes integrated rudder and propeller system to reduce fuel consumption.

Sekimizu: Community should absorb cost to produce low sulphur fuel
19 Mar 2013 16:33 GMT
IMO Secretary-General also says that shipping should demand the same clean fuels as other industries.

Praxis Market Update
19 Mar 2013 14:29 GMT

Global Vision Market Report
19 Mar 2013 14:23 GMT

Rotterdam Market Report
19 Mar 2013 11:22 GMT

Fuel-saving VLCC awarded Green Passport
19 Mar 2013 09:02 GMT
Vessel is said to significantly reduce fuel consumption and associated emissions.

Market Briefing
19 Mar 2013 08:38 GMT
All eyes on Cyprus (Brent: $109.3).

Singapore Market Commentary (with evening update)
19 Mar 2013 06:33 GMT

DNV to develop LNG bunkering procedures in Antwerp
18 Mar 2013 19:41 GMT
Classification society selected to develop procedures for the safe bunkering of LNG in ARA port.

Praxis Market Update
18 Mar 2013 14:34 GMT

Global Vision Market Report
18 Mar 2013 14:22 GMT

OW Bunker appoints trader in Hong Kong
18 Mar 2013 13:41 GMT
Experienced trader joins team to drive growth in South China and Hong Kong.

Rotterdam Market Report
18 Mar 2013 11:12 GMT

Gas-to-fuel converter wins award
18 Mar 2013 10:41 GMT
Product converts waste gas into fuel, thus reducing operating costs and enhancing environmental sustainability.

Market Briefing
18 Mar 2013 08:56 GMT
EU and Cyprus test Mr. Market ( Brent: $108.4).

First gas-fuelled supply vessel turns 10
18 Mar 2013 07:14 GMT
Next month will mark 10 years since the world's first LNG-powered supply vessel hit the waves.

Singapore Market Commentary (with evening update)
18 Mar 2013 05:47 GMT

Dynamic Oil Trading appoints risk management specialist
15 Mar 2013 15:01 GMT
Belle Shafer joins Dynamic Oil Trading's growing Singapore team.

Praxis Market Update
15 Mar 2013 14:29 GMT

Global Vision Market Report
15 Mar 2013 14:10 GMT

Dan-Bunkering appoints purchasing manager in Singapore
15 Mar 2013 12:21 GMT
Ex-Aegean trader joins Dan-Bunkering's purchasing team in Singapore.

Rotterdam Market Report
15 Mar 2013 11:53 GMT

Bunker Holding appoints Regional Credit Manager
15 Mar 2013 10:28 GMT
Linda Goh has 14 years' experience in credit management and analysis.

Market Briefing
15 Mar 2013 09:33 GMT
Something's gotta give; oil or equities (Brent: $109.3).

Making the next generation of cruise ships cleaner and greener
15 Mar 2013 08:56 GMT
Sea trials completed by power conversion technology firm.

Singapore Market Commentary (with evening update)
15 Mar 2013 06:55 GMT

CMA CGM reaffirms its commitment to green shipping
14 Mar 2013 18:37 GMT
New vessels are equipped with the latest environmental technology, says container shipping giant.

Aerospace firm to make tanks for fuelling LNG-powered ships
14 Mar 2013 17:21 GMT
Space Shuttle specialist to manufacture cryogenic tanks for fuelling vessels powered by liquefied natural gas.

Praxis Market Update
14 Mar 2013 13:53 GMT

Global Vision Market Report
14 Mar 2013 13:31 GMT

Wartsila in maintenance agreement for LNG-fuelled vessel
14 Mar 2013 12:08 GMT
5-year maintenance agreement signed for world's largest LNG-powered passenger ferry.

Rotterdam Market Report
14 Mar 2013 11:57 GMT

Fuel oil: Biggest two-weekly decline since August
14 Mar 2013 10:02 GMT
Fuel oil inventories decrease by 3.2 million barrels in just two weeks in Singapore - the most in almost 7 months.

Market Briefing
14 Mar 2013 08:56 GMT
Venezuela starts symbolic production in Orinoco (Brent: $108.3).

Singapore Market Commentary (with evening update)
14 Mar 2013 06:39 GMT

SOS 2013 to open with Ocean Executive Forum
13 Mar 2013 20:07 GMT
Sustainable Ocean Summit to start with senior executive panel discussion.

Engines cut fuel costs by 7%
13 Mar 2013 14:11 GMT
Type approval test of two ultra-long stroke marine engines is completed.

Global Vision Market Report
13 Mar 2013 13:14 GMT

Praxis Market Update
13 Mar 2013 13:08 GMT

Fuel-saving marine coating launched in Miami
13 Mar 2013 13:01 GMT
Coating is said to reduce the risk of mechanical damage, decrease drag and achieve fuel savings.

Rotterdam Market Report
13 Mar 2013 11:55 GMT

Saudi Aramco leases Fujairah fuel storage
13 Mar 2013 09:19 GMT
Agreement signed with terminal operator Vopak Horizon Fujairah.

Market Briefing
13 Mar 2013 08:31 GMT
OPEC output slightly up (Brent: $109.50).

Singapore Market Commentary (with evening update)
13 Mar 2013 06:16 GMT

Hong Kong: Cruise ship emissions data published
12 Mar 2013 19:23 GMT
Think tank publishes estimates for cruise ship emissions in Hong Kong.

Global Vision Market Report
12 Mar 2013 15:17 GMT

Praxis Market Update
12 Mar 2013 14:18 GMT

Bunkering operations suspended in Gibraltar
12 Mar 2013 12:51 GMT
Bunkering activities are halted again due to adverse weather conditions.

Rotterdam Market Report
12 Mar 2013 12:35 GMT

Long Beach oil terminal project approved
12 Mar 2013 09:28 GMT
Port selects Vopak to study the development of an oil terminal.

PetroChina buys 2 million barrels of fuel oil
12 Mar 2013 08:57 GMT
Fuel oil cargo is scheduled to be loaded from the Caribbean at the end of this month.

Market Briefing
12 Mar 2013 08:12 GMT
More trouble for Iranian oil (Brent: $109.9).

Singapore Market Commentary (with evening update)
12 Mar 2013 06:44 GMT

Praxis Market Update
11 Mar 2013 15:24 GMT

Global Vision Market Report
11 Mar 2013 14:41 GMT

Report: 2015 targets could cause adverse environmental effects
11 Mar 2013 13:02 GMT
Report claims that sulphur reduction targets could increase carbon emissions and result in the loss of up to 2,000 jobs.

Rotterdam Market Report
11 Mar 2013 11:37 GMT

Market Briefing
11 Mar 2013 09:31 GMT
Unchanged oil policy in Venezuela (Brent: $110.5).

Overview of LNG bunkering regulatory framework
11 Mar 2013 09:04 GMT
Document includes a list of 43 items related to the bunkering of gas-fuelled ships.

LNG inventory data published
11 Mar 2013 06:31 GMT
Data covers LNG regasification capacity within the EU.

Singapore Market Commentary (with evening update)
11 Mar 2013 05:09 GMT

WFS declares cash dividend
08 Mar 2013 21:31 GMT
Latest cash dividend announcement follows 14.6 percent drop in fourth quarter net income.

Fuel testing firm looking to recruit
08 Mar 2013 14:33 GMT
UK company says it needs to expand its workforce so that it is ready to take on new business.

Global Vision Market Report
08 Mar 2013 13:33 GMT

PDVSA closed: National day of mourning
08 Mar 2013 13:08 GMT
Supplier says its offices will be closed today as the government has declared it a non-working day.

Rotterdam Market Report
08 Mar 2013 10:42 GMT

Market Briefing
08 Mar 2013 09:08 GMT
Mixed oil news (Brent: $111.2).

BP in JV to supply bunker fuel in Brazil
08 Mar 2013 08:43 GMT
Oil major signs contract with EBX to distribute marine fuels in Açu Superport.

Singapore Market Commentary (with evening update)
08 Mar 2013 05:54 GMT

World Bank offers to aid Jamaica's logistics hub plans
07 Mar 2013 14:44 GMT
World Bank commits to providing assistance to the proposed Global Logistics Hub initiative.

The exhaust gas cleaning evolution
07 Mar 2013 13:13 GMT
Manufacturer puts forward the case for switching to exhaust gas cleaning systems.

Praxis Market Update
07 Mar 2013 13:03 GMT

Rotterdam Market Report
07 Mar 2013 11:39 GMT

Biggest decline in fuel oil stocks since December
07 Mar 2013 09:13 GMT
Fuel oil inventories decrease for the first time in three weeks in Singapore.

Market Briefing
07 Mar 2013 08:27 GMT
Central banks in focus today (Brent: $110.8).

Singapore Market Commentary (with evening update)
07 Mar 2013 05:47 GMT

Global Vision Market Report
06 Mar 2013 19:08 GMT

Praxis Market Update
06 Mar 2013 14:17 GMT

Bunkering suspended in Gibraltar
06 Mar 2013 12:31 GMT
Bunkering operations are halted due to adverse weather conditions.

Rotterdam Market Report
06 Mar 2013 11:58 GMT

Market Briefing
06 Mar 2013 10:21 GMT
Hugo Chavez dies (Brent: $111.7).

Ian Adams in summer CEO role
06 Mar 2013 09:23 GMT
Former IBIA chief executive is due to take over from current IAgrE CEO this summer.

IBIA chief executive resigns
06 Mar 2013 07:40 GMT
Cliff Brand vacates his position to take up the role of marine director at King Abdullah Economic City Seaport.

Singapore Market Commentary (with evening update)
06 Mar 2013 06:22 GMT

Speer rejoins Bunkers International
05 Mar 2013 16:54 GMT
Experienced bunker trader returns to the company where she previously spent seven years.

Praxis Market Update
05 Mar 2013 14:07 GMT

Global Vision Market Report
05 Mar 2013 13:37 GMT

Trader joins Singapore bunker firm
05 Mar 2013 12:22 GMT
Experienced trader completes move from Dubai to Singapore.

Rotterdam Market Report
05 Mar 2013 11:24 GMT

Market Briefing
05 Mar 2013 10:19 GMT
Risk appetite is back - for now (Brent: $110.7).

Emulsion fuel update
05 Mar 2013 08:58 GMT
Developer says it is 'cautiously confident' that it is on the cusp of commercial entry to the global bunker market.

New venture to focus on LNG fuelling
05 Mar 2013 08:21 GMT
'One-stop shop' offering a full range of LNG fuelling services from pipeline to combustion.

Singapore Market Commentary (with evening update)
05 Mar 2013 06:02 GMT

Praxis Market Update
04 Mar 2013 13:35 GMT

Global Vision Market Report
04 Mar 2013 13:11 GMT

Rotterdam Market Report
04 Mar 2013 11:42 GMT

Fuel oil imports fall in China
04 Mar 2013 09:03 GMT
Imports of fuel oil into China declined by around 17 percent, according to latest industry data.

Market Briefing
04 Mar 2013 08:14 GMT
Iran to install thousands of new nuclear centrifuges (Brent: $110.2).

Bunker Index (BIX) statistical summary
04 Mar 2013 06:47 GMT
Key monthly Bunker Index (BIX) data provided in price summary.

KPI Bridge Oil appoints senior bunker trader
04 Mar 2013 05:55 GMT
Experienced trader Araki Takanobu joins KPI Bridge Oil's trading team in Singapore.

Singapore Market Commentary (with evening update)
04 Mar 2013 05:02 GMT

February the most volatile month since September
01 Mar 2013 19:52 GMT
BIX data shows that price volatility in February was at its highest in five months.

Praxis Market Update
01 Mar 2013 13:23 GMT

Global Vision Market Report
01 Mar 2013 13:11 GMT

Rotterdam Market Report
01 Mar 2013 11:32 GMT

Project update: LNG bunkering in Australia
01 Mar 2013 11:28 GMT
Project members are said to be optimistic about the future of LNG bunkering in Australia.

Rotterdam 380-cst up $21 in February
01 Mar 2013 10:34 GMT
Last month's increase is only the second over a five-month period.

BIX global bunker average climbs 2.6% in February
01 Mar 2013 09:13 GMT
Monthly global bunker average climbs to its highest level since September.

Market Briefing
01 Mar 2013 08:52 GMT
U.S. politicians fail to agree, cutbacks in effect (Brent: $111.1).

Singapore Market Commentary (with evening update)
01 Mar 2013 06:24 GMT



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