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Home » News » News Archive - January 2014


News Archive - January 2014

Exhaust gas cleaning systems for VLGC
30 Jan 2014 15:08 GMT
Norwegian firm selected to supply exhaust gas cleaning systems for a Very Large Gas Carrier (VLGC).

Scrubber test facility up and running in Denmark
30 Jan 2014 14:43 GMT
Development project aims to bring solutions to the market that can lower the scrubber investment cost as well as the operation cost of the systems.

Emission systems for cleaner and greener ships
30 Jan 2014 12:51 GMT
Bosch Emission Systems after-treatment technologies are designed to help make marine vessels greener and provide an economic advantage.

OW Risk Management Report
30 Jan 2014 12:35 GMT

Global Vision Market Report
30 Jan 2014 12:33 GMT

Rotterdam Market Report
30 Jan 2014 12:23 GMT

Catalyst cuts fuel consumption by nearly 13%
30 Jan 2014 08:54 GMT
Catalyst is said to reduce the viscosity of the fuel, thus permitting more efficient burning.

Market Briefing
30 Jan 2014 08:41 GMT
Fed lifted the right foot further (Brent: $107.7).

Singapore Market Commentary
30 Jan 2014 05:33 GMT

Expansion plans for Malaysian bunker firm
29 Jan 2014 16:31 GMT
Supplier says it is looking for support from local authorities in order to achieve its objectives.

First LNG supply contract in Germany
29 Jan 2014 15:44 GMT
Agreement to supply LNG to the MS Ostfriesland passenger ferry from mid-2014.

Praxis Market Update
29 Jan 2014 15:24 GMT

IMO's Polar Code 'ignores environmental dangers'
29 Jan 2014 14:23 GMT
IMO criticized for not addressing the issue of using residual fuel oil in Arctic waters.

Global Vision Market Report
29 Jan 2014 13:55 GMT

OW Risk Management Report
29 Jan 2014 11:08 GMT

Rotterdam Market Report
29 Jan 2014 10:51 GMT

Market Briefing
29 Jan 2014 09:02 GMT
Expecting minimum volatility for a couple of hours (Brent: $107.5).

ABB is granted Approval in Principle for Onboard DC Grid concept
29 Jan 2014 08:18 GMT
ABB says it has created one of the most flexible marine power and propulsion systems ever brought to market.

Singapore Market Commentary (with evening update)
29 Jan 2014 06:31 GMT

What will the alternative fuel mix for global shipping be?
28 Jan 2014 20:04 GMT
Position paper released on the future alternative fuel mix for global shipping.

Praxis Market Update
28 Jan 2014 16:02 GMT

FPSO engines to run on gas, crude and MDO
28 Jan 2014 15:13 GMT
The vessel's ability to utilize produced gas and crude means that little or no MDO will need to be shipped to the FPSO.

Keppel Offshore joins World Ocean Council
28 Jan 2014 14:31 GMT
Singapore-headquartered firm becomes member of business leadership alliance on ocean sustainability, science and stewardship.

OW Risk Management Report
28 Jan 2014 14:12 GMT

Global Vision Market Report
28 Jan 2014 13:35 GMT

Rotterdam Market Report
28 Jan 2014 13:24 GMT

Market Briefing
28 Jan 2014 09:00 GMT
OPEC on potential extra oil supply: we can handle it (Brent: $106.9).

Canadian ports first to offer financial incentives using A-G ratings
28 Jan 2014 08:03 GMT
Efficient vessels meeting specific GHG emission levels will receive a discount on port dues.

Singapore Market Commentary (with evening update)
28 Jan 2014 07:02 GMT

OW Bunker announces North American recruitment drive
27 Jan 2014 16:34 GMT
Company says it is looking for skilled employees with the ability to 'think differently' in order to meet the challenges of its customers.

OW Risk Management Report
27 Jan 2014 14:10 GMT

Global Vision Market Report
27 Jan 2014 13:57 GMT

Rotterdam Market Report
27 Jan 2014 13:21 GMT

Ghana Oil to build bunker tanks in Takoradi
27 Jan 2014 10:38 GMT
Marine fuel storage project is due to be completed in a year, says managing director.

Market Briefing
27 Jan 2014 09:53 GMT
Cold weather and tapering statement ahead (Brent: $107.7).

Fuel switching training course is launched
27 Jan 2014 08:22 GMT
Course covers issues such as fuel switching, storage, planning and temperature and viscosity control.

Trafigura secures long-term HSFO contract
27 Jan 2014 07:03 GMT
Commodity trading firm in deal to buy high sulphur fuel oil (HSFO) from Odessa.

Singapore Market Commentary (with evening update)
27 Jan 2014 05:06 GMT

China: Fuel oil imports fall, exports rise
24 Jan 2014 20:56 GMT
Imports of fuel oil declined by 16% whilst exports rose by 19% in December, industry data shows.

Monjasa now at Shipowners' Association address
24 Jan 2014 15:31 GMT
Bunker firm opens office at Amaliegade 33, Copenhagen - the same address as the Danish Shipowners' Association.

Praxis Market Update
24 Jan 2014 15:08 GMT

Global Vision Market Report
24 Jan 2014 14:47 GMT

Keel laying of LNG hybrid barge
24 Jan 2014 12:45 GMT
Vessel is scheduled to be delivered in the summer of 2014.

Evergreen continues fuel efficiency drive
24 Jan 2014 11:56 GMT
Shipping firm says ongoing fleet renewal program has led to significant improvements in fuel efficiency.

OW Risk Management Report
24 Jan 2014 11:36 GMT

Rotterdam Market Report
24 Jan 2014 11:14 GMT

Market Briefing
24 Jan 2014 08:23 GMT

Singapore Market Commentary (with evening update)
24 Jan 2014 06:12 GMT

EC criticized for wanting to scrap GHG reduction target
23 Jan 2014 17:31 GMT
EC paper calls for an end to the 6% greenhouse gas (GHG) reduction target for transport fuels.

Praxis Market Update
23 Jan 2014 14:29 GMT

Global Vision Market Report
23 Jan 2014 14:16 GMT

Harvey Gulf LNG-fuelled OSV launched
23 Jan 2014 12:58 GMT
Vessel is the first of six LNG-powered offshore supply vessels (OSVs) being built by Gulf Coast Shipyard Group.

GTT to fit out LNG-powered ferry
23 Jan 2014 11:55 GMT
French engineering firm to equip Pegasis ferry and design the tanks of three other Brittany Ferries ships.

OW Risk Management Report
23 Jan 2014 10:53 GMT

Rotterdam Market Report
23 Jan 2014 10:48 GMT

Market Briefing
23 Jan 2014 10:42 GMT
Inventories due today (Brent: $107.9).

Singapore Market Commentary (with evening update)
23 Jan 2014 06:55 GMT

Coal terminal bunkering only in 'exceptional circumstances'
22 Jan 2014 20:17 GMT
Vessel operators are advised to plan ahead in future to avoid the need to bunker at Newcastle coal terminals.

DNV GL to class methanol-fuelled tankers
22 Jan 2014 14:46 GMT
Classification society says it sees methanol as part of the future energy mix for shipping.

Praxis Market Update
22 Jan 2014 14:26 GMT

Global Vision Market Report
22 Jan 2014 13:19 GMT

Rotterdam Market Report
22 Jan 2014 11:51 GMT

OW Risk Management Report
22 Jan 2014 10:29 GMT

Market Briefing
22 Jan 2014 10:07 GMT
Forecast: economic growth and oil consumption picking up this year (Brent: $107.2).

Ardmore remains focussed on fuel efficiency
22 Jan 2014 08:41 GMT
Ardmore Shipping takes delivery of Eco-design tanker and emphasizes 'particular focus' on fuel efficiency.

Halifax bunker supply agreement announced
22 Jan 2014 08:03 GMT
Continuation of vessel fuelling services in Halifax and surrounding area is confirmed.

Singapore Market Commentary (with evening update)
22 Jan 2014 06:52 GMT

Curoil performs first Aruba inshore bunker delivery
21 Jan 2014 20:57 GMT
The company's first inshore bunker operation took place at Oranjestad harbour.

Praxis Market Update
21 Jan 2014 16:33 GMT

Chinese firm secures 80,000-tonne 380 cst cargo
21 Jan 2014 15:22 GMT
Parcel is scheduled to be loaded in February.

First LNG trailer loaded in Rotterdam
21 Jan 2014 13:47 GMT
Primagaz Benelux loads its first trailer of liquefied natural gas (LNG) at the Gate terminal in Rotterdam.

Global Vision Market Report
21 Jan 2014 13:21 GMT

OW Risk Management Report
21 Jan 2014 10:54 GMT

Rotterdam Market Report
21 Jan 2014 10:33 GMT

Market Briefing
21 Jan 2014 09:54 GMT
Unrest continues in Africa (Brent: $107.0).

World's largest containership to automatically control fuel consumption
21 Jan 2014 08:53 GMT
Work has begun to build the world's biggest containership, which will feature a main engine capable of automatically controlling fuel consumption.

Singapore Market Commentary (with evening update)
21 Jan 2014 06:23 GMT

Praxis Market Update
20 Jan 2014 16:25 GMT

Global Vision Market Report
20 Jan 2014 16:14 GMT

OW Bunker signs deal to supply fuel at BOSTCO terminal
20 Jan 2014 14:06 GMT
Bunker firm in exclusive agreement with UNIPEC America to supply marine fuel ex-pipe at the new BOSTCO facility in Houston.

Exhaust gas cleaning systems for two chemical tankers
20 Jan 2014 12:21 GMT
Norwegian firm selected to supply exhaust gas cleaning systems for two vessels.

Tri-fuel LNG carrier unveiled in Russia
20 Jan 2014 11:55 GMT
Vessel is due to operate under a long-term time charter agreement with OAO Sovcomflot.

OW Risk Management Report
20 Jan 2014 11:07 GMT

Rotterdam Market Report
20 Jan 2014 10:54 GMT

Market Briefing
20 Jan 2014 09:39 GMT
Chinese growth slowdown and continued supply disruptions in Libya (Brent: $106.3).

Singapore Market Commentary (with evening update)
20 Jan 2014 06:18 GMT

Caribbean bunker firm hires trader
17 Jan 2014 15:36 GMT
Bunker supplier expands fuel trading team with new addition.

Praxis Market Update
17 Jan 2014 14:55 GMT

Singapore: Full supplier list by volume
17 Jan 2014 14:18 GMT
List of all bunker suppliers by volume sold in 2013.

New DNV GL maritime manager in the Americas
17 Jan 2014 14:13 GMT
Americas is 'a region of growth and opportunity', says new maritime manager Paal Johansen.

Kirby to build coastal tank barge and tugboat unit
17 Jan 2014 13:36 GMT
Oil transportation firm signs agreement to construct an articulated tank barge and tugboat unit at a cost of $75 to $80 million.

OW Risk Management Report
17 Jan 2014 12:58 GMT

Global Vision Market Report
17 Jan 2014 12:55 GMT

Rotterdam Market Report
17 Jan 2014 12:34 GMT

Market Briefing
17 Jan 2014 08:16 GMT
Another non-eventful day ahead, but watch out next week (Brent: $105.6).

Singapore Market Commentary (with evening update)
17 Jan 2014 07:28 GMT

Aegean secures $150 million uncommitted working capital facility
16 Jan 2014 22:27 GMT
Bunker supplier says the working capital facility will be used to support its expansion in the US.

Praxis Market Update
16 Jan 2014 16:29 GMT

Global Vision Market Report
16 Jan 2014 14:43 GMT

Dynamic Oil Trading hires bunker trader
16 Jan 2014 14:25 GMT
Singapore-based company expands bunker trading team.

Rotterdam Market Report
16 Jan 2014 11:13 GMT

OW Risk Management Report
16 Jan 2014 10:49 GMT

Market Briefing
16 Jan 2014 08:40 GMT
Big draw on oil inventories (Brent: $106.0).

Two Singaporean firms have bunker licences cancelled
16 Jan 2014 08:08 GMT
Excel Petroleum Enterprise and Lian Hoe Leong & Brothers are said to have allowed other companies to use their bunker delivery notes.

Singapore underground storage operatorship announced
16 Jan 2014 07:23 GMT
15-year operatorship awarded for Southeast Asia's first subterranean hydrocarbon storage facility.

Singapore Market Commentary (with evening update)
16 Jan 2014 06:35 GMT

EnergySail passes lab tests
15 Jan 2014 15:04 GMT
Japanese firm eyes commercial production once sea trials have been completed.

Praxis Market Update
15 Jan 2014 14:38 GMT

Global Vision Market Report
15 Jan 2014 12:49 GMT

OW Risk Management Report
15 Jan 2014 12:58 GMT

Rotterdam Market Report
15 Jan 2014 11:41 GMT

Market Briefing
15 Jan 2014 10:54 GMT
Europe is the joker in today's oil inventories (Brent: $106.2).

Qatar champions LNG as cleaner marine fuel
15 Jan 2014 08:02 GMT
Q-Max vessel to be converted to use LNG as an alternative to heavy fuel oil in the main engines.

World Fuel Services CFO sells shares
15 Jan 2014 07:24 GMT
The combined value of stock sold by CFO Ira Birns since December is over $760,000.

Singapore Market Commentary (with evening update)
15 Jan 2014 06:37 GMT

Endofa first year turnover exceeds expectations
14 Jan 2014 18:35 GMT
Supplier completes first year of trading with a turnover of USD 235 million.

Praxis Market Update
14 Jan 2014 18:04 GMT

Global Vision Market Report
14 Jan 2014 17:47 GMT

Experienced trader joins Trumf Bunker
14 Jan 2014 14:04 GMT
Søren Madsen will be based at Trumf Bunker's office in Middelfart, Denmark.

OW Risk Management Report
14 Jan 2014 11:28 GMT

Rotterdam Market Report
14 Jan 2014 11:18 GMT

First Wärtsilä X72 engine passes factory acceptance test
14 Jan 2014 11:13 GMT
Engine is designed to provide improvements in fuel consumption and energy efficiency.

Market Briefing
14 Jan 2014 10:53 GMT
Another quiet day for oil (Brent: $106.9).

Singapore Market Commentary (with evening update)
14 Jan 2014 06:52 GMT

Praxis Market Update
13 Jan 2014 15:41 GMT

Law firm says shipping will benefit from EU debt recovery proposal
13 Jan 2014 15:34 GMT
Recent decision will improve companies' chances of successfully recovering money owed to them, says law firm.

GAC Australia signs exclusive three-year contract with MOL
13 Jan 2014 12:16 GMT
GAC to serve MOL vessels and port calls across Australia.

OW Risk Management Report
13 Jan 2014 12:03 GMT

Global Vision Market Report
13 Jan 2014 11:50 GMT

Rotterdam Market Report
13 Jan 2014 11:31 GMT

Market Briefing
13 Jan 2014 10:51 GMT
Iran and Russia: oil deal in the making? (Brent: $107.1).

Discrepancy in MPA annual bunker figures
13 Jan 2014 09:18 GMT
MPA releases two annual bunker sales estimates - 42,682,200 tonnes and 42.5 million tonnes.

Singapore bunker sales down in 2013
13 Jan 2014 07:57 GMT
Bunker volumes decline for the second successive year at the world's leading bunker port.

Singapore Market Commentary (with evening update)
13 Jan 2014 06:48 GMT

Praxis Market Update
10 Jan 2014 14:58 GMT

Consultancy predicts 'healthy' shipping industry in 2015
10 Jan 2014 14:29 GMT
Maritime industry's fortunes should be 'noticeably improved' by 2015 if the recovery is maintained, says UK firm.

Dan-Bunkering appoints bunker administrator
10 Jan 2014 13:05 GMT
Katerina Plekhanova joins Dan-Bunkering's representative office in Kaliningrad, Russia.

Global Vision Market Report
10 Jan 2014 12:31 GMT

OW Risk Management Report
10 Jan 2014 12:25 GMT

Rotterdam Market Report
10 Jan 2014 11:34 GMT

Altor mulls OW Bunker listing
10 Jan 2014 09:22 GMT
Private equity group says OW Bunker "could be very attractive to list".

Wärtsilä signs contract to supply LNG terminal in Finland
10 Jan 2014 08:14 GMT
Terminal may eventually be used to supply LNG to ships.

Market Briefing
10 Jan 2014 08:02 GMT
Expect more volatility in 5-6 hours (Brent: $106.9).

Singapore Market Commentary (with evening update)
10 Jan 2014 06:46 GMT

Emulsion fuel update
09 Jan 2014 16:38 GMT
Developer issues update on its principal project programmes to the year ending December 2013.

Praxis Market Update
09 Jan 2014 16:33 GMT

Fuel oil stocks rise in Singapore
09 Jan 2014 15:37 GMT
Inventories of residual fuels rise to their highest level in four weeks in Singapore.

Global Vision Market Report
09 Jan 2014 13:08 GMT

OW Risk Management Report
09 Jan 2014 12:44 GMT

Rotterdam Market Report
09 Jan 2014 11:29 GMT

OW Bunker signs USD 700m revolving credit facility
09 Jan 2014 11:27 GMT
Danish firm says facility provides flexibility to continue growth, including the launch of new physical supply operations.

Market Briefing
09 Jan 2014 08:34 GMT
FED statement yesterday = non-event (Brent: $107.6).

Wärtsilä: 'No ongoing discussions with Rolls-Royce'
09 Jan 2014 08:18 GMT
Finnish firm issues statement following reports suggesting Rolls-Royce is in talks to buy Wärtsilä's marine propulsion unit.

Singapore Market Commentary (with evening update)
09 Jan 2014 06:42 GMT

Praxis Market Update
08 Jan 2014 16:06 GMT

2014 report forecasts slight increase in oil prices
08 Jan 2014 15:13 GMT
Oil price report gives overall bullish rating for the first quarter of this year.

Global Vision Market Report
08 Jan 2014 13:21 GMT

MoU on environmental initiatives in South Korea
08 Jan 2014 13:12 GMT
Korean Register and Busan Port Authority to cooperate on environmental initiatives.

OW Risk Management Report
08 Jan 2014 13:02 GMT

Rotterdam Market Report
08 Jan 2014 12:31 GMT

Updated MPA contacts
08 Jan 2014 11:28 GMT
Key shipping division contacts at the Maritime and Port Authority of Singapore (MPA).

Market Briefing
08 Jan 2014 08:53 GMT
Awaiting the FED (Brent: $107.6).

Singapore Market Commentary (with evening update)
08 Jan 2014 06:08 GMT

Praxis Market Update
07 Jan 2014 13:51 GMT

Global Vision Market Report
07 Jan 2014 13:03 GMT

OW Risk Management Report
07 Jan 2014 12:02 GMT

Rotterdam Market Report
07 Jan 2014 11:48 GMT

Market Briefing
07 Jan 2014 11:34 GMT
Winter to shale oil: Freeze! (Brent: $107.3).

Bunker suppliers applaud EU waste decision
07 Jan 2014 09:13 GMT
European Court of Justice rules that off-spec fuel oil does not have to be handled as waste.

MARPOL, SOLAS amendment summary
07 Jan 2014 08:41 GMT
A summary of the amendments that entered into force on 1 January 2014.

Staff promotions at Global Risk Management
07 Jan 2014 06:48 GMT
Four members of staff are promoted in January 2014.

Singapore Market Commentary (with evening update)
07 Jan 2014 06:03 GMT

Praxis Market Update
06 Jan 2014 14:52 GMT

World Fuel Services to acquire Watson Petroleum
06 Jan 2014 13:21 GMT
UK firm is a leading distributor of gasoline, diesel, heating oil and lubricants in England and Wales.

Rotterdam Market Report
06 Jan 2014 11:51 GMT

OW Risk Management Report
06 Jan 2014 11:46 GMT

OW Bunker launches office in Colombia
06 Jan 2014 11:44 GMT
Bunker firm opens fifth office in Latin America.

Market Briefing
06 Jan 2014 11:22 GMT
A week heavy on economic events and volatility (Brent: $107.4).

Andatee names new CEO
06 Jan 2014 08:45 GMT
Wang Hao takes over from An Fengbin as the CEO of Andatee China Marine Fuel Services Corporation.

Agreement to build dual-fuelled PSVs
06 Jan 2014 08:18 GMT
Four Platform Supply Vessels (PSVs) will be built to run on either LNG or MDO.

WTI vs BIX price comparison
06 Jan 2014 07:33 GMT
Analysis of WTI crude vs the BIX global bunker price.

Singapore Market Commentary (with evening update)
06 Jan 2014 06:31 GMT

Singapore MGO vs ICE Gas Oil
03 Jan 2014 16:29 GMT
Analysis of Singapore marine gas oil and ICE Gas Oil prices.

Bunker Index (BIX) statistical summary
03 Jan 2014 16:16 GMT
Key monthly Bunker Index (BIX) data provided in price summary.

Global Vision Market Report
03 Jan 2014 13:23 GMT

Rotterdam Market Report
03 Jan 2014 11:48 GMT

OW Risk Management Report
03 Jan 2014 10:49 GMT

Market Briefing
03 Jan 2014 10:35 GMT
Oil price drop on improved U.S. outlook (Brent: $108.2).

Brent vs BIX price comparison
03 Jan 2014 08:48 GMT
Analysis of Brent crude vs the BIX global bunker price.

BIX bunker price volatility analysis - December 2013
03 Jan 2014 08:10 GMT
BIX data shows that price volatility fell to its lowest level of the year in December.

Singapore Market Commentary (with evening update)
03 Jan 2014 05:30 GMT

Rotterdam 380 cst up $8 in December
02 Jan 2014 16:23 GMT
Last month's increase is the most significant since July.

Praxis Market Update
02 Jan 2014 14:41 GMT

OW Bunker stops supplying IFO at Klaipeda
02 Jan 2014 13:58 GMT
Supplier says it is now only offering MGO to clients calling at Lithuania's main bunker port.

Global Vision Market Report
02 Jan 2014 13:23 GMT

Rotterdam Market Report
02 Jan 2014 12:31 GMT

OW Risk Management Report
02 Jan 2014 10:58 GMT

Global bunker average up 1.5% in December
02 Jan 2014 09:13 GMT
Monthly global bunker average records its most significant price change since April.

Market Briefing
02 Jan 2014 08:39 GMT
Low liquidity, high volatility in oil prices ($111.3).

The average bunker price in 2013 is...
02 Jan 2014 07:27 GMT
Bunker Index data shows that marine fuel prices fell on average by 4.09 percent in 2013.

Singapore Market Commentary (with evening update)
02 Jan 2014 06:24 GMT



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