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Home » News » News Archive - July 2013


News Archive - July 2013

Praxis Market Update
30 Jul 2013 14:52 GMT

Global Vision Market Report
30 Jul 2013 14:22 GMT

Royal Caribbean: Fuel consumption 'lower than expected'
30 Jul 2013 12:55 GMT
Cruise operator forecasts full year fuel consumptoin at 1.346 million tonnes.

Rotterdam Market Report
30 Jul 2013 09:52 GMT

Market Briefing
30 Jul 2013 08:34 GMT
Libyan oil exports on the way back to pre-war levels (Brent: $107.3).

Management changes for Bomin in Asia
30 Jul 2013 08:08 GMT
Lars Doring to become MD of Bomin Bunker Oil, Singapore. Susanna Lai to head Bomin's offices in Hong Kong and Shanghai.

NuStar: Q2 profit for fuels marketing despite weak bunker demand
30 Jul 2013 07:23 GMT
NuStar Energy expects results for its fuels marketing segment to improve in the last half of 2013, mainly due to higher forecasted earnings for bunkering and heavy fuel oil.

Singapore Market Commentary (with evening update)
30 Jul 2013 05:42 GMT

Global Vision Market Report
29 Jul 2013 14:34 GMT

Praxis Market Update
29 Jul 2013 13:44 GMT

Rotterdam Market Report
29 Jul 2013 10:22 GMT

Bunker firm seeks staff
29 Jul 2013 08:47 GMT
Company looking to employ several people at its offices around the world.

Supplier sells over 100,000 tonnes since launch
29 Jul 2013 08:08 GMT
Bunker firm says it is 'never out of stock' with a storage capacity of around 70,000 tonnes.

Market Briefing
29 Jul 2013 07:43 GMT
Important week ahead (Brent: $107.0).

Singapore Market Commentary (with evening update)
29 Jul 2013 06:27 GMT

Agreement to promote eco-technology to Greek market
29 Jul 2013 06:14 GMT
Deal includes promotion of computer system that monitors fuel use and is designed to improve fuel efficiency.

Teekay LNG Partners orders two additional fuel-saving vessels
26 Jul 2013 20:44 GMT
Twin engines are said to be 'significantly more fuel efficient' and have lower emission levels than other engines being utilized in LNG shipping.

Praxis Market Update
26 Jul 2013 14:01 GMT

Global Vision Market Report
26 Jul 2013 13:37 GMT

Rotterdam Market Report
26 Jul 2013 11:12 GMT

Termoil moves to new office
26 Jul 2013 11:08 GMT
Greek trading firm moves from Piraeus to Glyfada.

Market Briefing
26 Jul 2013 08:28 GMT
Yet another quiet day in the oil markets (Brent: $107.2).

Hybrid tug firm wins green award
26 Jul 2013 06:18 GMT
Shipbuilder wins prize for developing eco-friendly tug.

Tri-fuel LNG carrier equipped for Northern Sea Route
26 Jul 2013 05:42 GMT
Newbuild LNG carrier is powered by a tri-fuel diesel-electric propulsion system.

Singapore Market Commentary (with evening update)
26 Jul 2013 04:28 GMT

Bunker delivery software launched
25 Jul 2013 14:22 GMT
System can be used to monitor marine fuel deliveries.

Global Vision Market Report
25 Jul 2013 14:02 GMT

Singapore fuel oil stocks rise 8.5 percent
25 Jul 2013 10:44 GMT
Fuel oil inventories increase for the first time in five weeks in Singapore.

Rotterdam Market Report
25 Jul 2013 10:18 GMT

US Coast Guard testing isobutanol-blended fuel
25 Jul 2013 08:55 GMT
Testing forms part of a 12-month operational study on marine engines that began in June.

Market Briefing
25 Jul 2013 07:41 GMT
Investment banks to be banned from physical oil trading? (Brent: $106.8).

Singapore Market Commentary (with evening update)
25 Jul 2013 05:02 GMT

IBIA Hong Kong convention focuses on Asian growth
24 Jul 2013 13:24 GMT
Event to examine whether Asian economic growth will be enough to fuel a global recovery in the bunker markets.

COSCON announces bunker adjustment
24 Jul 2013 12:55 GMT
Emergency bunker adjustment will be effective from August 1.

Global Vision Market Report
24 Jul 2013 12:41 GMT

Rotterdam Market Report
24 Jul 2013 11:12 GMT

LNG barge bunkered in Antwerp
24 Jul 2013 09:04 GMT
LNG-powered tanker has this week refuelled at quay 526.

Antwerp LNG subsidy approved
24 Jul 2013 08:24 GMT
EC subsidy to be mainly used for the development of an LNG bunkering station for barges in Antwerp.

Market Briefing
24 Jul 2013 06:48 GMT
Quiet day in the oil markets (Brent: USD 108.3).

Singapore Market Commentary (with evening update)
24 Jul 2013 05:21 GMT

Praxis Market Update
23 Jul 2013 15:20 GMT

CEPSA begins supplying at Ferrol and La Coruña
23 Jul 2013 14:35 GMT
Spanish firm now carrying out deliveries by barge and by truck at north-west ports.

Fastest high-speed ferry powered by Wärtsilä axial waterjets
23 Jul 2013 10:39 GMT
The Francisco is the world's fastest high-speed ferry and the first fast ferry to utilize LNG as fuel.

Market Briefing
23 Jul 2013 08:32 GMT
WTI > Brent (Brent: USD 108.2).

Free guide to optimising vessel lubricants is launched
23 Jul 2013 06:18 GMT
Publication is designed to provide support in understanding how to reduce vessel operating costs and improve lubrication performance.

Singapore Market Commentary (with evening update)
23 Jul 2013 05:18 GMT

Praxis Market Update
22 Jul 2013 15:21 GMT

First newbuild cruise ships to install 'world's smallest scrubber'
22 Jul 2013 13:22 GMT
Cruise line says its newbuilds will be the first to feature scrubber technology developed by Green Tech Marine.

Rotterdam Market Report
22 Jul 2013 11:14 GMT

Strong growth for petroleum products in Antwerp
22 Jul 2013 09:48 GMT
Oil volumes lead to surge in liquid bulk figures during the first six months of 2012. Vessel calls fall.

Market Briefing
22 Jul 2013 08:03 GMT
Mixed oil news (Brent: USD 108.4).

Argos-Shimano rider wins in Paris
22 Jul 2013 07:03 GMT
Marcel Kittel achieves sprint win at Champs-Élysées for oil firm and bunker supplier Argos.

Singapore Market Commentary (with evening update)
22 Jul 2013 05:33 GMT

LNG fuel systems to be installed on two cruise ships
19 Jul 2013 18:35 GMT
Vessels are said to be the first cruise ships in the world to be fitted with dual fuel engines.

Clean shipping event to be held in Hamburg
19 Jul 2013 18:03 GMT
Germany to host emissions reduction forum in September.

Bomin begins supplying at Algeciras
19 Jul 2013 12:51 GMT
Supplier begins offering high sulphur 380-cst and MGO. Other grades to follow next month.

Global Vision Market Report
19 Jul 2013 12:41 GMT

Rotterdam Market Report
19 Jul 2013 11:31 GMT

Bunker firm launches new website
19 Jul 2013 08:31 GMT
Company says it also plans to launch several new features in the future.

Singapore Market Commentary (with evening update)
19 Jul 2013 05:34 GMT

First two orders for fuel-saving X62 engine
18 Jul 2013 17:31 GMT
Wärtsilä claims that fuel savings of as much as 10 percent can be achieved.

Global Vision Market Report
18 Jul 2013 14:38 GMT

Fuel oil stocks fall to 11-week low in Singapore
18 Jul 2013 12:37 GMT
Singapore fuel oil inventories fall for the fourth consecutive week.

Rotterdam Market Report
18 Jul 2013 10:41 GMT

World Fuel Services to hold conference call and webcast
18 Jul 2013 06:24 GMT
Management team to discuss the company's second quarter results in conference call and webcast.

Singapore Market Commentary (with evening update)
18 Jul 2013 06:12 GMT

German ferry to be retrofitted with dual-fuel engines
17 Jul 2013 15:13 GMT
Engines will run primarily on LNG as the main fuel, but will have the capacity to switch to conventional fuels if necessary.

Praxis Market Update
17 Jul 2013 14:01 GMT

Global Vision Market Report
17 Jul 2013 13:53 GMT

Dan-Bunkering launches Dubai operation
17 Jul 2013 10:45 GMT
Bunker firm says it aims to strengthen its position in the Middle East and Southern Asia.

Rotterdam Market Report
17 Jul 2013 10:11 GMT

Market Briefing
17 Jul 2013 08:11 GMT
Brent rolls over (Brent: $107.7).

Vopak, Magellan to assess US Gulf terminal project
17 Jul 2013 07:37 GMT
Companies to carry out a feasibility study for a new storage terminal in Deer Park, Texas.

Cruise line applauded for lowering vessel speeds
17 Jul 2013 05:46 GMT
Cruise vessel operator honoured for complying with speed reduction initiative.

Singapore Market Commentary (with evening update)
17 Jul 2013 04:53 GMT

Praxis Market Update
16 Jul 2013 15:03 GMT

Global Vision Market Report
16 Jul 2013 14:52 GMT

Fuel-sharing mode for Chinese ship owners
16 Jul 2013 13:41 GMT
Contract to supply six Chinese LNG carriers. Dual-fuel engines to include fuel-sharing mode.

Bomin Singapore MD resigns
16 Jul 2013 12:51 GMT
Raymond Kong resigns as Managing Director of Bomin Singapore and Director of Bomin's Hong Kong office.

Rotterdam Market Report
16 Jul 2013 09:58 GMT

Market Briefing
16 Jul 2013 08:28 GMT
EU sanctions on Iran, not holding up in court? (Brent: 108.8).

Singapore Market Commentary (with evening update)
16 Jul 2013 07:33 GMT

Singapore H1 bunker sales down 3.9%
16 Jul 2013 07:22 GMT
Year-on-year monthly volumes fall for the fifth consecutive month at the world's largest bunker port. H1 sales decline by 3.9%.

Aegean to commence operations at Algeciras
15 Jul 2013 21:36 GMT
Supplier to utilize its existing fleet capacity to expand its presence in the Western Mediterranean.

KPI Bridge Oil appoints Team Leader in London
15 Jul 2013 17:48 GMT
Mark Perrins is promoted to new role after being with the company for almost five years.

Global Vision Market Report
15 Jul 2013 14:43 GMT

Praxis Market Update
15 Jul 2013 13:29 GMT

Rotterdam Market Report
15 Jul 2013 11:25 GMT

Market Briefing
15 Jul 2013 09:45 GMT
China data in line (Brent: $109.0).

Fuel spill at Caltex Sydney terminal
15 Jul 2013 09:17 GMT
Banksmeadow Terminal closed as a result of leak from petrol tank.

Star Bulk in deal to build fuel-efficient ships
15 Jul 2013 08:37 GMT
The aggregate purchase price of the four newbuild vessels is approximately $151 million.

Power and propulsion systems ordered for LNG carriers
15 Jul 2013 08:14 GMT
Vessels will be the first electrically propelled LNG carriers to be built in China.

Singapore Market Commentary (with evening update)
15 Jul 2013 05:41 GMT

Le Havre storage project moves forward
12 Jul 2013 14:22 GMT
First phase terminal capacity is expected to be at least 150,000 cubic metres for the storage of petroleum and petrochemical products.

Waterfront vessels to run on methanol and diesel fuel
12 Jul 2013 13:33 GMT
Methanex subsidiary, Waterfront Shipping, to use a blend of 95% methanol and 5% diesel fuel on its ships.

Global Vision Market Report
12 Jul 2013 12:04 GMT

Rotterdam Market Report
12 Jul 2013 11:29 GMT

China's gas pricing reform welcomed
12 Jul 2013 08:13 GMT
New pricing structure links gas prices to fuel oil and LPG prices.

Market Briefing
12 Jul 2013 07:44 GMT
Shale oil fracking to cause earthquakes?

Singapore Market Commentary (with evening update)
12 Jul 2013 05:18 GMT

Fuel oil stocks down for third week in Singapore
11 Jul 2013 20:08 GMT
Singapore fuel oil inventories fall to 9-week low.

Praxis Market Update
11 Jul 2013 15:19 GMT

Global Vision Market Report
11 Jul 2013 12:22 GMT

Market Briefing
11 Jul 2013 10:23 GMT
Bernanke rocks the markets - again (Brent: $108.8).

Project to renovate Sicily refinery
11 Jul 2013 08:42 GMT
Approximately €700m is expected to be invested in renovation project.

China: Fuel oil stocks decline in coastal areas
11 Jul 2013 08:08 GMT
Inventories of fuel oil decrease at oil facilities over one-week period.

Crowley acquires Alaskan marine fuel supplier
11 Jul 2013 07:40 GMT
Newly-acquired firm, Anderes Oil, supplies marine fuel in Southeast Alaska.

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

Demo test for NOx-reducing SCR system
10 Jul 2013 15:34 GMT
Selective catalytic reduction system to be installed on power generators of ocean-going freighter for demonstration test.

Praxis Market Update
10 Jul 2013 14:35 GMT

Global Vision Market Report
10 Jul 2013 13:12 GMT

Rotterdam Market Report
10 Jul 2013 11:01 GMT

Contract to supply world's first automated mooring and shore power system
10 Jul 2013 08:52 GMT
System to be used by the world's first fully battery-powered, catamaran-hulled car ferry.

Project to develop LNG bunkering procedures in Singapore
10 Jul 2013 08:21 GMT
Project to identify technical standards and operational procedures for the development of LNG bunkering in Singapore.

Market Briefing
10 Jul 2013 07:46 GMT
Restart of oil production in Libya (Brent: $107.9).

Singapore Market Commentary (with evening update)
10 Jul 2013 07:32 GMT

Global Vision Market Report
09 Jul 2013 13:34 GMT

EUR 87m loan to build Klaipeda LNG terminal
09 Jul 2013 13:11 GMT
Project is scheduled to be finalised by the end of 2014.

Rotterdam Market Report
09 Jul 2013 10:32 GMT

Market Briefing
09 Jul 2013 08:55 GMT
Election in Egypt - in 6 months' time (Brent: $107.3).

Train crash crude sold by World Fuel Services
09 Jul 2013 08:24 GMT
World Fuel Services confirms that crude sold by one of its subsidiaries was being carried by Lac-Mégantic crash train.

Onshore test of prototype sail
09 Jul 2013 06:02 GMT
Objective is to install the sailing rig without making major design changes to existing vessels, while reducing CO2 emissions by 2-5%.

Singapore Market Commentary (with evening update)
09 Jul 2013 04:55 GMT

Palmstone Petroleum bunker licence cancelled
08 July 2013 15:02 GMT
Company is no longer allowed to operate as a bunker supplier in the Port of Singapore.

OW Bunker launches second supply vessel in Singapore
08 Jul 2013 13:45 GMT
Development follows initial trials of its physical operation in June 2013.

Global Vision Market Report
08 Jul 2013 13:14 GMT

Rotterdam Market Report
08 Jul 2013 10:37 GMT

Power cut at bunker-producing Curaçao refinery
08 Jul 2013 09:03 GMT
Blackout halts operations at Curaçao oil facility.

Vetek completes deal to purchase Odessa refinery
08 Jul 2013 08:16 GMT
Vetek acquires a stake of more than 99 percent in the Odessa refining plant.

Market Briefing
08 Jul 2013 07:27 GMT
Arab spring 2.0 fears (Brent: $107.8).

Singapore Market Commentary (with evening update)
08 Jul 2013 07:15 GMT

Extra fuel oil storage to meet Tauranga demand
08 Jul 2013 07:04 GMT
Fuel oil storage capacity at Mount Maunganui Terminal has been increased by more than 8 million litres.

Praxis Market Update
05 Jul 2013 17:33 GMT

Wärtsilä engine passes type approval test
05 Jul 2013 13:55 GMT
New engine is said to increase efficiency and lower fuel costs.

Global Vision Market Report
05 Jul 2013 10:51 GMT

Rotterdam Market Report
05 Jul 2013 10:44 GMT

Market Briefing
05 Jul 2013 09:34 GMT
It takes two central banks to tango (Brent: USD 105.9).

Mercuria Energy raises $1,800,000,000 revolving credit facility
05 Jul 2013 08:55 GMT
Mercuria Energy Trading signs new 364-day and 3-year revolving credit facilities.

Biggest 2-week decline in fuel oil stocks since August
05 Jul 2013 08:31 GMT
Fuel oil inventories plummet over 2-week period in Singapore.

Singapore Market Commentary (with evening update)
05 Jul 2013 06:24 GMT

Bunker Index (BIX) statistical summary
04 Jul 2013 16:43 GMT
Key monthly Bunker Index (BIX) data provided in price summary.

Praxis Market Update
04 Jul 2013 14:42 GMT

Global Vision Market Report
04 Jul 2013 14:02 GMT

Rotterdam Market Report
04 Jul 2013 09:58 GMT

GAC regional office moves from Cairo to Cape Town
04 Jul 2013 08:33 GMT
Regional office for Africa, Russia and Central Asia relocates to South Africa.

Market Briefing
04 Jul 2013 08:02 GMT
Biggest drop in crude oil inventories since December (Brent: $105.6).

WTI vs BIX price comparison
04 Jul 2013 07:24 GMT
Analysis of WTI crude vs the BIX global bunker price.

Brent vs BIX price comparison
04 Jul 2013 06:49 GMT
Analysis of Brent crude vs the BIX global bunker price.

Singapore Market Commentary (with evening update)
04 Jul 2013 04:42 GMT

Rotterdam Market Report
03 Jul 2013 10:00 GMT

Market Briefing
03 Jul 2013 08:55 GMT
Large drop in inventories yesterday - today's EIA report will be watched closely.

Bunker price volatility rises from 6-month low
03 Jul 2013 08:24 GMT
BIX data shows that bunker price volatility was at its third lowest level of the year so far in June.

Singapore MGO vs ICE Gas Oil
03 Jul 2013 07:58 GMT
Analysis of Singapore marine gas oil and ICE Gas Oil prices.

Rotterdam 380-cst falls $3 in June
03 Jul 2013 07:28 GMT
Last month's average is the third lowest since February 2011.

Singapore Market Commentary (with evening update)
03 Jul 2013 05:11 GMT

Singapore bunker spill update
02 Jul 2013 17:41 GMT
'No significant patches of oil' following 100-tonne fuel oil spill, says MPA.

Praxis Market Update
02 Jul 2013 15:37 GMT

Global Vision Market Report
02 Jul 2013 15:02 GMT

Fujairah 380-cst down $1 in June
02 Jul 2013 12:22 GMT
Seventh decline in nine months at the Middle East's leading bunker port.

Rotterdam Market Report
02 Jul 2013 11:00 GMT

Market Briefing
02 Jul 2013 09:57 GMT
Supply disruption in Libya (Brent: $103).

Singapore 380-cst average falls $7 in June
02 Jul 2013 08:55 GMT
World's leading bunker port records the lowest monthly 380-cst average since June 2012.

BIX monthly average dips in June
02 Jul 2013 08:37 GMT
Monthly global bunker average falls for the fourth consecutive month to its lowest level since July 2012.

Singapore Market Commentary (with evening update)
02 Jul 2013 06:14 GMT

Global Vision Market Report
01 Jul 2013 14:03 GMT

Coast-Channels bunkering licence not renewed
01 Jul 2013 13:13 GMT
Bunker supplier Coast-Channels Marine Services is said to have allowed another firm to use its Bunker Delivery Notes.

Rotterdam Market Report
01 Jul 2013 11:38 GMT

Market Briefing
01 Jul 2013 11:31 GMT
Slowing growth from China (Brent: $102.3).

Dan-Bunkering trader relocates to Singapore
01 Jul 2013 08:46 GMT
Thieu-vi Phung moves to Singapore after having spent six years at Dan-Bunkering's Copenhagen office.

Q3 report forecasts 'slight increase' in oil prices
01 Jul 2013 07:02 GMT
Oil price report forecasts bullish geopolitical rating, neutral financials and bearish fundamentals.

Enemalta to buy fuel oil from Shell
01 Jul 2013 06:20 GMT
Decision comes in the wake of the George Farrugia oil scandal.

Singapore Market Commentary (with evening update)
01 Jul 2013 05:22 GMT



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