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Home » News » News Archive - June 2013

News Archive - June 2013

Global Vision Market Report
28 Jun 2013 14:25 GMT

Rotterdam Market Report
28 Jun 2013 10:28 GMT

Market Briefing
28 Jun 2013 10:21 GMT
FED soothing (103.2).

Classification contract for China's first dual fuel LNG carriers
28 Jun 2013 08:53 GMT
Vessels will be able to run on both gas and fuel oil, but the intention will be to primarily burn gas.

Wärtsilä in deal to provide fuel-saving propulsion solutions
28 Jun 2013 08:28 GMT
Finnish firm is contracted to supply propulsion packages for 24 new vessels.

Biggest decline in fuel oil stocks since Aug 2012
28 Jun 2013 06:22 GMT
Fuel oil inventories fall from their highest level in three years in Singapore.

Singapore Market Commentary (with evening update)
28 Jun 2013 05:18 GMT

Praxis Market Update
27 Jun 2013 15:17 GMT

Global Vision Market Report
27 Jun 2013 14:13 GMT

Denmark's first LNG-fuelled ferry to be launched in 2014
27 Jun 2013 13:31 GMT
Vessel is scheduled to set off on its first journey between Samsø and the Danish mainland in October 2014.

Dynamic Oil Trading to launch Dubai operation
27 Jun 2013 12:55 GMT
Bunker trading firm begins recruitment drive to meet customer demand in the Middle East.

Rotterdam Market Report
27 Jun 2013 10:28 GMT

LA honours speed reduction program participants
27 Jun 2013 08:31 GMT
Shipping firms are applauded for lowering vessel speeds as they approach or depart Los Angeles.

Market Briefing
27 Jun 2013 08:02 GMT
Bad is good again (Brent: $102).

Singapore Market Commentary (with evening update)
27 Jun 2013 05:23 GMT

Praxis Market Update
26 Jun 2013 14:20 GMT

Rotterdam Market Report
26 Jun 2013 11:38 GMT

Market Briefing
26 Jun 2013 08:36 GMT
Improving U.S. economic numbers -> volatility (Brent: $100.8).

Carnival fuel consumption down 5.7% in Q2
26 Jun 2013 08:21 GMT
Cruise vessel operator also notes that fuel prices declined by 9.7% year-on-year.

Horizon Lines to convert vessels to burn LNG
26 Jun 2013 07:14 GMT
Ocean shipper says the goal of the project is to reduce fuel consumption and lower emissions.

Aegean and SK Lubricants announce cooperation agreement
26 Jun 2013 04:57 GMT
Agreement is aimed at increasing sales volumes for Aegean Marine Petroleum in Asia and extending the global sales network of SK Lubricants.

Singapore Market Commentary (with evening update)
26 Jun 2013 04:45 GMT

Praxis Market Update
25 Jun 2013 14:37 GMT

Global Vision Market Report
25 Jun 2013 14:35 GMT

Creditors expected to pursue ARA ship arrests as bankruptcies escalate
25 Jun 2013 12:32 GMT
Creditors could seek to take advantage of bankruptcy laws to enforce vessel arrests in the ARA region, says law firm.

Rotterdam Market Report
25 Jun 2013 10:14 GMT

Market Briefing
25 Jun 2013 08:47 GMT
Strong dollar affects oil prices (Brent: $101.5).

Bunker supplies unaffected by NSW pipeline outage
25 Jun 2013 08:31 GMT
Marine fuel supplies are unaffected by disruption of pipeline transfers from Kurnell refinery.

Trader to continue offering 30-day terms in Brazil
25 Jun 2013 06:02 GMT
Bunker company confirms that it will offer both a 30-day and 21-day price to clients purchasing fuel in Brazil.

Exhaust gas cleaning systems for Color Line ferry
25 Jun 2013 05:23 GMT
Four scrubber systems will be installed on the company's SuperSpeed 2 ro-pax ferry.

Singapore Market Commentary (with evening update)
25 Jun 2013 05:05 GMT

Praxis Market Update
24 Jun 2013 16:12 GMT

Two Singaporean firms have bunker licences cancelled
24 Jun 2013 13:21 GMT
Golden Lights HS Bunkering and Shing Li Shipping have their licences cancelled in Singapore.

Global Vision Market Report
24 Jun 2013 12:35 GMT

Rotterdam Market Report
24 Jun 2013 10:16 GMT

GAC USA awarded Customs Broker License
24 Jun 2013 08:57 GMT
License has been issued to the newly formed company, GAC Brokerage, LLC.

Market Briefing
24 Jun 2013 08:16 GMT
Clouds on the horizon (Brent: $100.2).

Gulftainer takes control of three Saudi terminals
24 Jun 2013 07:58 GMT
Sharjah firm acquires 51% stake in Gulf Stevedoring to assume control of terminals in Jubail and Jeddah.

Gazprom to build LNG facility in Gulf of Finland
24 Jun 2013 05:47 GMT
World's leading gas producer signs agreement with the Leningrad Oblast Government.

Singapore Market Commentary (with evening update)
24 Jun 2013 05:04 GMT

Bomin and Matrix move to new office in Houston
21 Jun 2013 15:22 GMT
Bunker supply firms are relocating to the same address in downtown Houston.

Praxis Market Update
21 Jun 2013 14:58 GMT

Global Vision Market Report
21 Jun 2013 12:13 GMT

Rotterdam Market Report
21 Jun 2013 09:45 GMT

Shell to charter dual fuel vessel in 2015
21 Jun 2013 08:55 GMT
Platform supply vessel will be designed to run on liquefied natural gas or marine diesel oil.

Pan European Terminals posts GBP 1.15m profit
21 Jun 2013 08:33 GMT
32% rise in revenues is attributed primarily to a 'large increase' in sales at Baltic Top.

Market Briefing
21 Jun 2013 07:36 GMT
Happy hour with uncertainty cocktails (Brent: $102.7).

Fuel oil stocks at highest level in over three years
21 Jun 2013 06:04 GMT
Stockpiles of fuel oil rise for the fourth consecutive week to reach 39-month high in Singapore.

Singapore Market Commentary (with evening update)
21 Jun 2013 04:51 GMT

Agreement to sell Hawaii's bunker-producing refinery
20 Jun 2013 20:18 GMT
Sale is expected to be completed during the third quarter of 2013.

China: Fuel oil stocks up in coastal areas
20 Jun 2013 19:33 GMT
Inventories of fuel oil rise at oil facilities over two-week period.

Global Vision Market Report
20 Jun 2013 16:50 GMT

Dan-Bunkering appoints Senior Bunker Trader
20 Jun 2013 11:22 GMT
Danish bunker company promotes Michael Matern Hedager.

Dan-Bunkering appoints Sales Manager
20 Jun 2013 09:05 GMT
Rune Andreasen is appointed Sales Manager at the company's office in Copenhagen.

Market Briefing
20 Jun 2013 08:06 GMT
FED to take away the punch bowl? (Brent: $104.4).

Singapore Market Commentary (with evening update)
20 Jun 2013 05:24 GMT

High-speed dual-fuel ferry achieves 58.1 knots
19 Jun 2013 15:23 GMT
Vessel speed recorded with gas turbines operating on LNG.

Global Vision Market Report
19 Jun 2013 13:37 GMT

Rotterdam Market Report
19 Jun 2013 10:34 GMT

Arsenio Dominguez to open Ship Efficiency: The Exhibition
19 Jun 2013 09:03 GMT
MEPC Chairman Elect to deliver keynote lecture and officially open exhibition.

Support for mandatory fuel switch in Hong Kong
19 Jun 2013 08:38 GMT
Think tank submits its views on the mandatory requirement for at-berth fuel switching for ocean-going vessels.

Market Briefing
19 Jun 2013 07:16 GMT
To taper, or not to taper? (Brent: $106.1).

Singapore Market Commentary (with evening update)
19 Jun 2013 06:24 GMT

OW Bunker appoints trader in Hong Kong
18 Jun 2013 16:55 GMT
Bunker firm expands Hong Kong trading team with new appointment.

Praxis Market Update
18 Jun 2013 15:32 GMT

Global Vision Market Report
18 Jun 2013 15:27 GMT

Rotterdam Market Report
18 Jun 2013 10:28 GMT

Joint exercise on fuel transportation
18 Jun 2013 09:11 GMT
US Marines and soldiers conduct two-week bulk fuel training exercise.

Market Briefing
18 Jun 2013 07:47 GMT
Markets waiting for Bernanke (Brent: $105.50).

DNV to compile LNG fuel report for IMO
18 Jun 2013 07:29 GMT
Study to examine the feasibility of LNG-powered shipping in the North American ECA.

Contract to provide integrated solution for Harvey Gulf vessel
18 Jun 2013 07:00 GMT
Deal includes service agreement for six LNG-fuelled offshore supply vessels and up to three multipurpose support vessels.

Singapore Market Commentary (with evening update)
18 Jun 2013 05:57 GMT

Praxis Market Update
17 Jun 2013 16:31 GMT

Maritime London appoints chairman
17 Jun 2013 15:29 GMT
Clarksons director replaces David Moorhouse.

Global Vision Market Report
17 Jun 2013 13:53 GMT

Brightoil seals deal to build Zhoushan oil storage
17 Jun 2013 13:34 GMT
Storage facilities will have a total capacity of around 3.2 million cubic metres.

Cruise ships to incorporate fuel-saving engines
17 Jun 2013 12:44 GMT
Fuel-efficient engines and exhaust gas treatment system to be installed on two cruise new ships.

Rotterdam Market Report
17 Jun 2013 10:51 GMT

Dan-Bunkering hires bunker trader
17 Jun 2013 09:05 GMT
New employee joins Dan-Bunkering's trading team in Middelfart, Denmark.

Market Briefing
17 Jun 2013 08:02 GMT
New President in Iran (Brent: $105.7).

Singapore Market Commentary (with evening update)
17 Jun 2013 06:12 GMT

Wärtsilä signs EUR 150 million loan agreement
14 Jun 2013 16:02 GMT
Agreement signed with European Investment Bank to finance R&D activities.

Praxis Market Update
14 Jun 2013 15:03 GMT

Global Vision Market Report
14 Jun 2013 13:03 GMT

Shipping confidence at highest level in two and a half years
14 Jun 2013 10:51 GMT

Rotterdam Market Report
14 Jun 2013 10:12 GMT

Market Briefing
14 Jun 2013 10:04 GMT
Iranian elections (Brent: $104.8).

Historic year-on-year decline in monthly bunker sales
14 Jun 2013 08:51 GMT
Singapore records a year-on-year decrease of 456,700 tonnes in May.

Singapore Market Commentary (with evening update)
14 Jun 2013 05:46 GMT

Global Vision Market Report
13 Jun 2013 16:02 GMT

Praxis Market Update
13 Jun 2013 15:05 GMT

Singapore fuel oil stocks reach six-month high
13 Jun 2013 12:58 GMT
Fuel oil inventories rise for the third consecutive week to reach their highest level since December.

Rotterdam Market Report
13 Jun 2013 11:13 GMT

Another manager returns to Dan-Bunkering
13 Jun 2013 09:06 GMT
Michel Dominique Thomsen returns from Buenos Aires to rejoin Dan-Bunkering in Copenhagen.

Market Briefing
13 Jun 2013 08:24 GMT
Smaller-than-expected build in oil inventories (Brent: $103).

Petrobras announces Brasil replacement
13 Jun 2013 06:55 GMT
Bunker trader will be assisting clients with enquiries as from June 13.

Singapore Market Commentary (with evening update)
13 Jun 2013 05:43 GMT

Global Vision Market Report
12 Jun 2013 14:45 GMT

Rotterdam Market Report
12 Jun 2013 10:49 GMT

GAC launches Android version of directory app
12 Jun 2013 10:15 GMT
New version of mobile directory application launched for Android users.

Floating LNG production update
12 Jun 2013 08:18 GMT
Update on developments in the commercial production of LNG on a floating vessel.

Market Briefing
12 Jun 2013 07:51 GMT
OPEC production at highest level in six months - EIA data later today (Brent: 102.3).

Vitol Asia increases credit facility to $2.21bn
12 Jun 2013 07:33 GMT
Energy trading giant announces the renewal and increase of Vitol Asia's one-year revolving credit facility.

OW Bunker to seek MPA approval for Coriolis Flow Meters
12 Jun 2013 07:03 GMT
Bunker firm to seek formal approval from the MPA following second physical supply trial.

Singapore Market Commentary
12 Jun 2013 06:06 GMT

20,000th slide fuel valve retrofitted
11 Jun 2013 15:01 GMT
Slide fuel valve is said to reduce fuel oil consumption and eliminate dripping from the fuel valve nozzle.

Praxis Market Update
11 Jun 2013 14:22 GMT

X40 engine passes Type Approval test
11 Jun 2013 12:21 GMT
Fuel injection for each cylinder is controlled by a single module to achieve fuel efficiency.

Global Vision Market Report
11 Jun 2013 11:45 GMT

Rotterdam Market Report
11 Jun 2013 11:24 GMT

Market Briefing
11 Jun 2013 08:12 GMT
Restart of Buzzard (Brent: $103.7).

Cargill takes delivery of fuel-efficient tanker
11 Jun 2013 07:32 GMT
Vessel includes a number of features for improved fuel efficiency.

Singapore Market Commentary (with evening update)
11 Jun 2013 05:08 GMT

New appointment at Dynamic Oil Trading
10 Jun 2013 15:34 GMT
Second appointment in a week for Singapore-based bunker trading firm.

Praxis Market Update
10 Jun 2013 13:42 GMT

Global Vision Market Report
10 Jun 2013 13:31 GMT

Rotterdam Market Report
10 Jun 2013 10:31 GMT

IBIA names 2014 Chairman
10 Jun 2013 10:14 GMT
Jens Maul Jørgensen is appointed Vice-Chairman and is due to succeed Simon Neo as Chairman next year.

WTI vs BIX price comparison
10 Jun 2013 09:01 GMT
Analysis of WTI crude vs the BIX global bunker price.

Bunker Index (BIX) statistical summary
10 Jun 2013 08:37 GMT
Key monthly Bunker Index (BIX) data provided in price summary.

LNG bunker barge concept unveiled
10 Jun 2013 07:45 GMT
LNG tank has a 4000-cubic-metre storage capacity.

Market Briefing
10 Jun 2013 07:13 GMT
Iran into space? (Brent: $104.50).

Singapore Market Commentary (with evening update)
10 Jun 2013 05:42 GMT

Ship efficiency software for ro-ro vessel
10 Jun 2013 05:33 GMT
Trials are said to have shown a 5.8 percent reduction in fuel consumption.

OW's first Coriolis Flow Meter delivery in Singapore
07 Jun 2013 15:38 GMT
OW Bunker completes its first physical supply using a Coriolis Flow Meter in Singapore.

Rotterdam Market Report
07 Jun 2013 10:19 GMT

Brent vs BIX price comparison
07 Jun 2013 09:07 GMT
Analysis of Brent crude vs the BIX global bunker price.

Singapore MGO vs ICE Gas Oil
07 Jun 2013 08:46 GMT
Analysis of Singapore marine gas oil and ICE Gas Oil prices.

May the least volatile month since November
07 Jun 2013 08:27 GMT
BIX data shows that bunker price volatility in May fell to its lowest level in six months.

Market Briefing
07 Jun 2013 07:44 GMT
Draghi: Improved economic outlook for the euro zone (Brent: $103.7).

Singapore Market Commentary (with evening update)
07 Jun 2013 05:40 GMT

Ladekjaer rejoins Dan-Bunkering
06 Jun 2013 12:31 GMT
Ex-International Bunkering CEO is named Head of Operations Europe/Asia & Senior Vice President.

Global Vision Market Report
06 Jun 2013 12:13 GMT

Rotterdam Market Report
06 Jun 2013 11:12 GMT

'Nose jobs' can produce 5% fuel savings
06 Jun 2013 07:45 GMT
Redesigning the bulbous bow of slow-steaming container ships can lead to fuel savings of 5% or above, according to data.

Market Briefing
06 Jun 2013 07:29 GMT
Watch the ECB today ($103.1).

Singapore Market Commentary (with evening update)
06 Jun 2013 05:39 GMT

Dynamic Oil Trading appoints bunker trader
06 Jun 2013 04:42 GMT
New appointment for Singapore-based marine fuel trading company.

Praxis Market Update
05 Jun 2013 15:07 GMT

OW Bunker hires Branch Manager in Hong Kong
05 Jun 2013 14:33 GMT
Bunker firm appoints ex-Brightoil Market Manager, Eric Hu.

Global Vision Market Report
05 Jun 2013 12:18 GMT

Rotterdam Market Report
05 Jun 2013 10:32 GMT

Wärtsilä launches 'more powerful' 34DF engine
05 Jun 2013 09:09 GMT
Latest engine version is said to also offer lower fuel consumption.

International Bunkering appoints new CEO
05 Jun 2013 08:07 GMT
Christoffer Berg Lassen replaces Carsten Ladekjaer as Group CEO.

Singapore Market Commentary (with evening update)
05 Jun 2013 06:04 GMT

Dan-Bunkering appoints trader
05 Jun 2013 00:31 GMT
New employee joins Dan-Bunkering's trading team in Middelfart, Denmark.

Praxis Market Update
04 Jun 2013 15:10 GMT

Global Vision Market Report
04 Jun 2013 15:05 GMT

Rotterdam Market Report
04 Jun 2013 10:35 GMT

Vitol markets physical bunker operations as V-Marine Fuels
04 Jun 2013 10:31 GMT
From today, Vitol's physical supply operations will be marketed as part of the V-Marine Fuels portfolio.

Market Briefing
04 Jun 2013 08:57 GMT
Buzzard and Iraqi rumours (Brent: $101.8).

Project to develop fuel-saving technology for old container ships
04 Jun 2013 08:38 GMT
Research project aims to reduce the energy consumption of container ships by 10-20 percent.

New dual-fuel engine launched
04 Jun 2013 07:53 GMT
Engine is said to offer 'industry-leading efficiency' in gas mode.

First fuel-saving Environship launched
04 Jun 2013 07:24 GMT
Fuel-efficient vessel is said to reduce CO2 emissions by up to 40 percent.

Singapore Market Commentary (with evening update)
04 Jun 2013 05:08 GMT

GAC Bunker Fuels appoints Business Development Manager
03 Jun 2013 17:22 GMT
Murray Bishop is named Business Development Manager for Europe, the Americas and Africa.

Praxis Market Update
03 Jun 2013 15:39 GMT

Global Vision Market Report
03 Jun 2013 15:33 GMT

BIX monthly average dips in May
03 Jun 2013 13:28 GMT
Monthly global bunker average falls for the third consecutive month to its lowest level since July 2012.

Rotterdam Market Report
03 Jun 2013 11:05 GMT

Global Risk Management names Singapore General Manager
03 Jun 2013 09:07 GMT
Energy marketing specialist to take over as General Manager in July.

WFS declares cash dividend
03 Jun 2013 08:17 GMT
Latest cash dividend will be payable to shareholders on July 5.

Market Briefing
03 Jun 2013 07:04 GMT
Syrian wasp nest (Brent: $100.1).

Cockett moves office in Dubai
03 Jun 2013 06:36 GMT
Cockett Marine Oil relocates to new premises at Jumeirah Lakes Towers, Dubai.

Singapore Market Commentary (with evening update)
03 Jun 2013 05:51 GMT

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