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Home » News » News Archive - September 2013


News Archive - September 2013

Focus on cash control impacts ship operating costs
27 Sep 2013 17:41 GMT
Consultant says total annual operating costs in the shipping industry fell by an average 1.8 percent in 2012.

Praxis Market Update
27 Sep 2013 14:13 GMT

IMO symposium debates a sustainable maritime transportation system
27 Sep 2013 13:25 GMT
IMO concept lists goals that must be aspired to in order to establish a sustainable maritime transportation system.

First BOSTCO fuel oil delivery
27 Sep 2013 12:54 GMT
First residual fuel oil delivery to be made next week at the new Houston Ship Channel facility.

Global Vision Market Report
27 Sep 2013 11:22 GMT

Rotterdam Market Report
27 Sep 2013 10:42 GMT

Market Briefing
27 Sep 2013 08:21 GMT
Syria and Iran Update (Brent: $108.9).

Fuel oil stocks fall in Singapore
27 Sep 2013 07:06 GMT
Inventories of fuel oil decline to their lowest level in five weeks, data shows.

Singapore Market Commentary (with evening update)
27 Sep 2013 05:51 GMT

World Maritime Day: 'Sustainable Development: IMO's contribution beyond Rio+20'
26 Sep 2013 18:24 GMT
Sekimizu calls on shipping to reaffirm its commitment to optimize the management of maritime transport to support sustainable development.

Praxis Market Update
26 Sep 2013 15:35 GMT

IACS chairman calls for evidence-based assessment of ship efficiency
26 Sep 2013 14:34 GMT
Cazzulo presents paper calling for an EEDI database for new ships on World Maritime Day.

Global Vision Market Report
26 Sep 2013 14:15 GMT

Rotterdam Market Report
26 Sep 2013 11:33 GMT

Honeywell in alliance to develop LNG plants
26 Sep 2013 09:06 GMT
Companies aim to develop small-scale LNG plants capable of processing between 50,000 and 500,000 gallons of LNG per day.

Market Briefing
26 Sep 2013 08:27 GMT
Geopolitical risk premium down (Brent: $108.3).

Fuel oil stocks fall in China's eastern coast
26 Sep 2013 07:21 GMT
Inventories of fuel oil fall at oil facilities along China's coastline.

Singapore Market Commentary (with evening update)
26 Sep 2013 05:57 GMT

Fuel-saving 'Quick Docking' service launched
25 Sep 2013 20:24 GMT
Propellers are polished and anti-fouling and fresh coatings are applied to optimise vessel performance and lower fuel costs.

Praxis Market Update
25 Sep 2013 15:03 GMT

Global Vision Market Report
25 Sep 2013 14:54 GMT

Rotterdam Market Report
25 Sep 2013 11:24 GMT

Gazprom in Kaliningrad LNG terminal agreement
25 Sep 2013 08:57 GMT
Oil and gas giant signs LNG project agreement with the regional government of Kaliningrad.

Market Briefing
25 Sep 2013 08:23 GMT
Markets looking for direction and cautious of Iran/U.S. talks/no-talks (Brent: $109.1).

Fujairah terminal project moves on to third phase
25 Sep 2013 08:01 GMT
Second phase has added 235,000 cubic metres of storage to the oil facility.

Carnival fuel consumption down 5.2% in Q3
25 Sep 2013 05:58 GMT
Cruise vessel operator also notes that fuel prices rose by 2.3% year-on-year.

Singapore Market Commentary (with evening update)
25 Sep 2013 05:03 GMT

Aegean signs US$1 billion credit agreement
24 Sep 2013 22:18 GMT
Agreement signed for new syndicated Secured Borrowing Base Multicurrency Revolving Credit Facilities.

ABS certification for diesel fuel flowmeters
24 Sep 2013 15:01 GMT
Flowmeter design includes an internal fuel bypass feature, which is said to make it immune to fuel blockage.

Praxis Market Update
24 Sep 2013 14:29 GMT

Global Vision Market Report
24 Sep 2013 12:55 GMT

Rotterdam Market Report
24 Sep 2013 12:36 GMT

New tools to assess LNG containment systems in ice conditions
24 Sep 2013 09:02 GMT
Project has been looking into the effects of cargo sloshing caused by collisions with ice for LNG carriers and oil tankers.

DFDS orders exhaust gas cleaning systems
24 Sep 2013 08:32 GMT
PureSOx exhaust gas cleaning systems ordered for eight vessels.

Market Briefing
24 Sep 2013 08:02 GMT
Oil prices steady (Brent: $108).

Singapore Market Commentary (with evening update)
24 Sep 2013 05:33 GMT

Neste Oil to exit the shipping business
23 Sep 2013 13:38 GMT
Finnish firm to sell all its vessels and outsource the ship management functions.

Global Vision Market Report
23 Sep 2013 13:18 GMT

Rotterdam Market Report
23 Sep 2013 10:21 GMT

'Fuel-saving' propeller launched
23 Sep 2013 08:48 GMT
Propeller is said to improve fuel economy by 10 percent.

Market Briefing
23 Sep 2013 08:05 GMT
Merkel wins election (Brent: $109.2).

Bunkering set to restart in Hong Kong
23 Sep 2013 06:16 GMT
Storm Signal 3 was cancelled at 10:25 hrs local time.

Singapore Market Commentary (with evening update)
23 Sep 2013 05:22 GMT

Shipping confidence holds firm
20 Sep 2013 14:21 GMT
Doubts still persist, however, over the level of excess tonnage and the resultant effect on freight rates.

Global Vision Market Report
20 Sep 2013 14:11 GMT

Rotterdam Market Report
20 Sep 2013 10:22 GMT

Nitrogen membrane system for LNG-powered vessels
20 Sep 2013 09:10 GMT
Norwegian firm to supply nitrogen membrane generators for six LNG-fuelled Platform Supply Vessels.

Gothenburg pays out SEK 2m to fuel initiative participants
20 Sep 2013 08:38 GMT
Ships using 0.1% sulphur fuel receive compensation twice a year.

Market Briefing
20 Sep 2013 08:02 GMT
Market finding its feet after FED (Brent: $108.7).

Kasbar enters into stock trading plan
20 Sep 2013 06:54 GMT
World Fuel Services CEO in plan to sell company stock between November 2013 and March 2014.

Singapore Market Commentary (with evening update)
20 Sep 2013 05:37 GMT

Praxis Market Update
19 Sep 2013 14:15 GMT

Global Vision Market Report
19 Sep 2013 14:12 GMT

Global Vision Bunkers hires bunker manager
19 Sep 2013 13:41 GMT
Experienced bunker professional heads Global Vision's Singapore office.

Rotterdam Market Report
19 Sep 2013 10:47 GMT

IBIA welcomes early IMO fuel availability study
19 Sep 2013 09:10 GMT
Association says it supports the UK government's call for IMO to bring forward its review of the availability of 0.50% sulphur fuel.

Petrobras to invest over US$9 billion in IT and security by 2017
19 Sep 2013 08:42 GMT
Announcement made in the wake of claims that the US government spied on the Brazilian state-controlled energy firm.

Market Briefing
19 Sep 2013 08:18 GMT
Big Ben says: time for tapering is not now (Brent: $110.8).

Singapore Market Commentary (with evening update)
19 Sep 2013 04:54 GMT

Global Vision Market Report
18 Sep 2013 13:42 GMT

Rotterdam Market Report
18 Sep 2013 11:21 GMT

Market Briefing
18 Sep 2013 08:24 GMT
Libya update and waiting for tonight's FED statement (Brent: $108.1).

GAC Bunker Fuels strengthens network with new office and appointments
18 Sep 2013 07:46 GMT
New dedicated office launched in India. Appointments in Cochin and Singapore.

Norwegian Oil Trading launches Singapore operation
18 Sep 2013 07:19 GMT
New office is headed by branch manager Roger Liau.

Bunker sales fall 6.8 percent in Singapore
18 Sep 2013 06:37 GMT
Accumulated sales for the year so far are 2.9 percent lower than in 2012.

Shell and DMC sign LNG MoU
18 Sep 2013 05:50 GMT
LNG fuel for marine transportation to be a primary focus of the partnership.

LNG bunkering alliance in Antwerp
18 Sep 2013 05:02 GMT
Antwerp Port Authority and Exmar in strategic partnership to develop LNG bunkering in Antwerp.

Singapore Market Commentary
18 Sep 2013 04:44 GMT

Praxis Market Update
17 Sep 2013 15:31 GMT

Shanghai office for London's Baltic Exchange
17 Sep 2013 14:57 GMT
Shipping exchange opens office in China for the first time in its 269-year history.

Global Vision Market Report
17 Sep 2013 11:23 GMT

Rotterdam Market Report
17 Sep 2013 11:04 GMT

Market Briefing
17 Sep 2013 08:54 GMT
Volatility still high – awaiting FOMC meeting outcome (Brent: 109.8).

$675m loan secured for Ust-Luga oil terminal
17 Sep 2013 08:35 GMT
Funds to be used to fund the terminal's operations and to complete its expansion project.

Sail propulsion concept could save 30% in fuel costs
17 Sep 2013 06:34 GMT
Test results are said to indicate that fixed wing sail power concept will provide 'very significant' fuel savings.

FutureShip tool adds fuel consumption calculator
17 Sep 2013 05:33 GMT
Latest version of trim optimisation tool, ECO-Assistant, includes a fuel consumption calculator and system usage monitoring.

Singapore Market Commentary (with evening update)
17 Sep 2013 05:29 GMT

Fishing vessel saves up to 30% in fuel and maintenance costs
16 Sep 2013 13:44 GMT
Operator says it will deliver by weight the most high quality cod products with the least fuel consumed of any long line vessel in North America.

Scandlines continuing with zero emission ferry project
16 Sep 2013 12:54 GMT
Ferry operator denies reports that it is abandoning its zero emission ferry project.

Global Vision Market Report
16 Sep 2013 11:46 GMT

Rotterdam Market Report
16 Sep 2013 11:02 GMT

Market Briefing
16 Sep 2013 07:33 GMT
A week full of volatility and opportunities (Brent: $110.5).

Jervild to head Dynamic Oil Trading Dubai
16 Sep 2013 07:21 GMT
Experienced trader to manage Dynamic Oil Trading's new operation in the UAE.

Singapore Market Commentary (with evening update)
16 Sep 2013 06:19 GMT

ExxonMobil launches environmentally acceptable lubricants
13 Sep 2013 17:41 GMT
New synthetic lubricants are said to meet stringent EPA requirements for environmentally acceptable lubricants.

Fuel oil stocks decline in China's coastal areas
13 Sep 2013 16:31 GMT
Inventories of fuel oil fall at oil facilities along China's coastline.

HK government welcomes measures to reduce emissions
13 Sep 2013 15:24 GMT
Hong Kong to introduce the mandatory use of cleaner marine fuels for local and ocean-going vessels.

Praxis Market Update
13 Sep 2013 13:37 GMT

Global Vision Market Report
13 Sep 2013 12:58 GMT

Rotterdam Market Report
13 Sep 2013 11:08 GMT

Hull coatings for ship performance guide launched
13 Sep 2013 08:22 GMT
Free guide examines the regulatory landscape, anti-fouling coating concepts, performance monitoring and hull cleaning.

Market Briefing
13 Sep 2013 07:45 GMT
Syria headlines still affecting oil prices as diplomatic solution drags on (Brent: $112.3).

Singapore Market Commentary (with evening update)
13 Sep 2013 05:18 GMT

Global Vision Market Report
12 Sep 2013 12:34 GMT

Rotterdam Market Report
12 Sep 2013 12:18 GMT

Odfjell appoints president
12 Sep 2013 09:12 GMT
New president, David Ellis, has been with Odfjell since 1996.

New bunker supplier in Novorossiysk
12 Sep 2013 08:58 GMT
Company carried out its first marine fuel delivery earlier this week.

Market Briefing
12 Sep 2013 08:21 GMT
Saudi Arabia: Oil market is well balanced (Brent: $111.5).

Dual-fuel solution for Quebec ferries
12 Sep 2013 06:30 GMT
Dual-fuel technology will allow Saguenay River ferries to switch from LNG to other fuels if required.

Singapore Market Commentary (with evening update)
12 Sep 2013 05:31 GMT

DNV GL merger approved by competition authorities
11 Sep 2013 21:08 GMT
New company DNV GL will be operational from September 12th.

Global Vision Market Report
11 Sep 2013 12:14 GMT

Rotterdam Market Report
11 Sep 2013 11:24 GMT

LNG-fuelled ship is christened
11 Sep 2013 11:13 GMT
Vessel is said to offer a load sharing operation which results in low fuel consumption and increased safety.

IBIA seeks 'achievable' marine fuel sulphur targets
11 Sep 2013 09:12 GMT
Association says it will continue to lobby regulators to set 'achievable' sulphur targets and provide flexibility in how to meet those targets.

Market Briefing
11 Sep 2013 07:48 GMT
Expectations of a diplomatic solution in Syria (Brent: $111.4).

Brightoil starts supplying in Qingdao - source
11 Sep 2013 07:29 GMT
Company is said to have leased a 60,000 cubic metre storage tank at the Shandong Province port.

Singapore Market Commentary (with evening update)
11 Sep 2013 05:33 GMT

New hull coating concept launched
10 Sep 2013 13:33 GMT
Hull coating is said to offer average fuel savings of six percent.

Global Vision Market Report
10 Sep 2013 13:21 GMT

Project to develop first marine fuel biomass-based plant
10 Sep 2013 11:38 GMT
Plan to establish a plant in Denmark that could serve an annual marine fuel market of at least 900,000 tonnes.

Rotterdam Market Report
10 Sep 2013 10:06 GMT

Market Briefing
10 Sep 2013 08:33 GMT
High politics on Syrian solution (Brent: USD 113.2).

Petrobras issues computer security statement
10 Sep 2013 07:34 GMT
Statement follows claims the US government spied on the Brazilian state-controlled energy firm.

Singapore Market Commentary (with evening update)
10 Sep 2013 05:49 GMT

Crowley acquires another Alaskan fuel supplier
09 Sep 2013 16:14 GMT
Newly acquired firm, CPD Alaska, LLC, has been supplying in Alaska for more than 50 years.

'First' EGCS-equipped ship to operate in US ECA
09 Sep 2013 15:37 GMT
Landmark event is said to have taken place in Baltimore.

Trading firm licensed in Fujairah Free Zone
09 Sep 2013 14:21 GMT
Economic situation in Cyprus is said to have been the main reason behind the UAE strategy.

Praxis Market Update
09 Sep 2013 13:51 GMT

Global Vision Market Report
09 Sep 2013 13:31 GMT

Rotterdam Market Report
09 Sep 2013 11:04 GMT

Wind and solar system short-listed for award
09 Sep 2013 08:28 GMT
System uses rigid sail technology controlled by a computer system so that solar and wind power can be harnessed to reduce fuel consumption.

Market Briefing
09 Sep 2013 07:04 GMT
U.S. Congress likely to decide on Syria this week (Brent: $115.9).

Singapore Market Commentary (with evening update)
09 Sep 2013 06:14 GMT

Three new storage tanks in the Caribbean
06 Sep 2013 20:41 GMT
Bunker firm completes the construction of three storage tanks.

Agreement to build oil storage terminal in Saldanha Bay
06 Sep 2013 20:12 GMT
Storage and blending terminal will have a total capacity of 13.2 million barrels.

Carnival commits over $180m to install scrubber technology
06 Sep 2013 19:55 GMT
Exhaust gas cleaning technology to be installed on 32 ships.

Global Vision Market Report
06 Sep 2013 11:55 GMT

Rotterdam Market Report
06 Sep 2013 10:17 GMT

Bunker Index (BIX) statistical summary
06 Sep 2013 09:24 GMT
Key monthly Bunker Index (BIX) data provided in price summary.

Market Briefing
06 Sep 2013 08:14 GMT
Economic data could cause market jitters this afternoon (Brent: $115).

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

Fuel-saving hull coating technologies make 'significant impact'
05 Sep 2013 19:23 GMT
Over 150 vessels take up fouling control technologies in six months.

Rotterdam Market Report
05 Sep 2013 10:47 GMT

WTI vs BIX price comparison
05 Sep 2013 09:23 GMT
Analysis of WTI crude vs the BIX global bunker price.

Brent vs BIX price comparison
05 Sep 2013 08:55 GMT
Analysis of Brent crude vs the BIX global bunker price.

Robust H1 results for DNV
05 Sep 2013 08:22 GMT
Net profit up 106.4% in the first six months of 2013 compared to last year.

Market Briefing
05 Sep 2013 08:08 GMT
Oil prices stuck between a rock and a hard place (Brent: $115.0).

Singapore Market Commentary (with evening update)
05 Sep 2013 06:01 GMT

Praxis Market Update
04 Sep 2013 18:06 GMT

Bomin appoints trader in Dubai
04 Sep 2013 14:33 GMT
Experienced oil professional is hired as trader in the Middle East.

Global Vision Market Report
04 Sep 2013 11:06 GMT

Rotterdam Market Report
04 Sep 2013 10:41 GMT

Highest Rotterdam 380-cst average since March
04 Sep 2013 08:47 GMT
Monthly 380-cst average rises to highest level in five months.

Fujairah: First monthly 380-cst rise in six months
04 Sep 2013 08:31 GMT
The monthly average price of 380-cst in Fujairah increases for the first time since February.

August the most volatile month since April
04 Sep 2013 08:12 GMT
BIX data shows that price volatility in August rose to its highest level in four months.

Market Briefing
04 Sep 2013 07:32 GMT
U.S. Senate draft on Syrian war (Brent: $115.6).

Bunker appointment in the Caribbean
04 Sep 2013 06:12 GMT
Bunker firm names new International Market Coordinator.

Singapore Market Commentary (with evening update)
04 Sep 2013 05:23 GMT

Dan-Bunkering expands trading team
03 Sep 2013 18:32 GMT
Christina Larsen is appointed bunker trader and joins the company's office in Copenhagen.

Dan-Bunkering appoints trader
03 Sep 2013 18:21 GMT
Matias Engel joins Dan-Bunkering's office in Middelfart, Denmark.

Praxis Market Update
03 Sep 2013 15:07 GMT

Rotterdam Market Report
03 Sep 2013 10:59 GMT

Bunker company hires sales manager
03 Sep 2013 09:01 GMT
Experienced bunker professional moves to newly launched supply firm.

PSV to run on LNG
03 Sep 2013 08:22 GMT
New platform supply vessel to operate primarily on liquefied natural gas.

DNV to class LNG-ready ultra large container ships
03 Sep 2013 08:03 GMT
Five vessels to be built for United Arab Shipping Company.

Market Briefing
03 Sep 2013 07:41 GMT
Oil prices remain around $114 as the geopolitical risk premium stays high.

Singapore Market Commentary (with evening update)
03 Sep 2013 05:23 GMT

Praxis Market Update
02 Sep 2013 15:21 GMT

Global Vision Market Report
02 Sep 2013 14:10 GMT

Rotterdam Market Report
02 Sep 2013 10:48 GMT

Market Briefing
02 Sep 2013 08:51 GMT
Oil prices down as military action against Syria seems postponed (Brent: $113.5).

BIX monthly global average up $5.44 in August
02 Sep 2013 08:32 GMT
Monthly global bunker average rises to its highest level since March.

Singapore monthly 380-cst average rises for the first time since February
02 Sep 2013 08:08 GMT
380-cst price increases by $7 per tonne at the world's leading bunker port in August.

OW Bunker launches offshore West Africa operation
02 Sep 2013 06:11 GMT
Offshore supply operation covering Morocco, Mauritania, Senegal and waters down to the Ivory Coast.

Singapore Market Commentary (with evening update)
02 Sep 2013 04:44 GMT



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