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Home » News » News Archive - April 2014


News Archive - April 2014

Praxis Market Update
29 Apr 2014 15:34 GMT

Fuel oil imports decline in Shandong
29 Apr 2014 14:53 GMT
Imports of fuel oil into Shandong Province fell by 35 percent during the first quarter of 2014, according to government data.

OW Risk Management Report
29 Apr 2014 12:08 GMT

Global Vision Market Report
29 Apr 2014 11:55 GMT

Rotterdam Market Report
29 Apr 2014 11:44 GMT

Royal Caribbean forecasts bunker consumption
29 Apr 2014 09:20 GMT
Cruise operator expects to consume 338,000 tonnes of bunker fuel during the second quarter of 2014.

Market Briefing
29 Apr 2014 08:31 GMT
Supply/demand balance back in the oil game (Brent: $108.5).

Gothenburg LNG project moves to next phase
29 Apr 2014 07:26 GMT
Demolition activities have commenced to make way for the new LNG terminal in Gothenburg.

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

European ports in LNG bunkering joint venture
28 Apr 2014 15:15 GMT
Initiative involves cooperation in research, promotion, knowledge transfer, legislation and bunker infrastructure.

OW Risk Management Report
28 Apr 2014 13:31 GMT

Global Vision Market Report
28 Apr 2014 13:12 GMT

Rotterdam Market Report
28 Apr 2014 12:14 GMT

Market Briefing
28 Apr 2014 08:31 GMT
New sanctions on Russia and week ahead in economic numbers (Brent: $109.9).

Taichung 380 cst deliveries to be suspended
28 Apr 2014 08:03 GMT
Supplies of 380 cst are due to be halted whilst maintenance work is carried out on a delivery barge.

Singapore Market Commentary (with evening update)
28 Apr 2014 06:23 GMT

Puma Energy eyes expansion in Asia-Pacific
28 Apr 2014 06:14 GMT
Oil firm plans terminal facility in Indonesia and fuel sales growth in Australia.

Consultancy emphasizes high cost of environmental regulatory compliance
25 Apr 2014 22:05 GMT
UK firm says that finding enough money to remain compliant with environmental regulation is going to be a challenge for operators over the next few years.

Visibility warning in Singapore
25 Apr 2014 12:38 GMT
Visibility in the Singapore Strait coud be 'significantly reduced' due to haze.

Global Vision Market Report
25 Apr 2014 12:18 GMT

Rotterdam Market Report
25 Apr 2014 12:08 GMT

Market Briefing
25 Apr 2014 07:45 GMT
Geopolitics drives oil prices up (Brent: $110.3).

NuStar shares upgraded to 'buy' on stronger fuels marketing results
25 Apr 2014 07:37 GMT
Investment banking firm upgrades NuStar Energy shares from 'hold' to 'buy'.

Ira Birns to present at transportation event
25 Apr 2014 07:07 GMT
World Fuel Services CFO to give presentation at conference in Boston.

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

IBIA appoints new vice-chairman
24 Apr 2014 15:35 GMT
Robin Meech replaces Jens Maul Jorgensen, who became IBIA chairman on 1 April.

Fishing vessels to be fitted with exhaust after-treatment system
24 Apr 2014 15:04 GMT
System is designed for use in both marine diesel and heavy fuel oil engine operation.

OW Risk Management Report
24 Apr 2014 13:13 GMT

Global Vision Market Report
24 Apr 2014 12:52 GMT

Rotterdam Market Report
24 Apr 2014 12:36 GMT

Wärtsilä posts Q1 results
24 Apr 2014 10:14 GMT
Profit before tax falls 15.6%; net sales rise by 14.7%; EBIT jumps 28.6 %.

Resolutions passed at Vopak's AGM
24 Apr 2014 08:38 GMT
Summary of resolutions passed at Royal Vopak's Annual General Meeting (AGM), held on April 23.

Market Briefing
24 Apr 2014 08:04 GMT
U.S. stockpiles at all time high (Brent: $109.3).

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

RINA launches Efficient Ship notation
23 Apr 2014 20:33 GMT
Classification society has launched a new voluntary notation to clearly identify new ship designs which meet eco-ship criteria.

NuStar forecasts higher Q2 earnings on improved bunkering results
23 Apr 2014 14:28 GMT
Q2 results for pipeline and fuels marketing segments are expected to be higher due to increased pipeline throughputs and improved results for its bunkering operations.

OW Risk Management Report
23 Apr 2014 13:51 GMT

Global Vision Market Report
23 Apr 2014 12:35 GMT

Rotterdam Market Report
23 Apr 2014 12:34 GMT

Bomin appoints bunker trader in China
23 Apr 2014 10:17 GMT
Vincent Li joins Bomin's office in Shanghai.

Market Briefing
23 Apr 2014 07:53 GMT
Continued Chinese slowdown and tensions over Ukraine (Brent: $109.2).

Vopak net profit falls 17% in Q1 2014
23 Apr 2014 07:35 GMT
Terminal operator says it expects 2014 EBITDA to be 5% to 10% lower than in 2013.

Singapore Market Commentary (with evening update)
23 Apr 2014 06:14 GMT

Carnival 'well on its way' to meeting GHG reduction target
22 Apr 2014 15:14 GMT
Cruise company says it will meet its goal to reduce greenhouse gas (GHG) emissions from shipboard operations by 20 percent.

OW Risk Management Report
22 Apr 2014 13:48 GMT

Global Vision Market Report
22 Apr 2014 13:13 GMT

Rotterdam Market Report
22 Apr 2014 13:03 GMT

Market Briefing
22 Apr 2014 08:44 GMT
Risk of unrest in Ukraine escalating (Brent: $109.9).

Singapore: Lowest Q1 bunker sales since 2010
22 Apr 2014 08:29 GMT
Bunker sales decline for a third consecutive month at the world's leading bunker port.

Port invites entries for 2014 eco awards
22 Apr 2014 06:54 GMT
Annual marine environmental award to be presented next month.

Singapore Market Commentary (with evening update)
22 Apr 2014 05:50 GMT

Lars Hoffmann named Endofa CEO
17 Apr 2014 16:23 GMT
Former Shipping.dk CEO is due to join Endofa in May.

Mediterranean jetty construction under way
17 Apr 2014 15:02 GMT
Jetty is set to be the largest in the Mediterranean. Bunkering 'could be envisaged'.

Vopak E.O.S. initiates cost-cutting measures
17 Apr 2014 13:41 GMT
Oil terminal operator cites competition from Russia as the reason for its decision to 'realign' operations.

World Fuel Services to hold conference call and webcast
17 Apr 2014 12:07 GMT
Management team to discuss the company's first quarter results in conference call and webcast.

Global Vision Market Report
17 Apr 2014 11:56 GMT

Rotterdam Market Report
17 Apr 2014 11:22 GMT

Singapore Market Commentary (with noon update)
17 Apr 2014 06:22 GMT

EMSA to receive €160.5m funding to combat marine pollution
16 Apr 2014 16:34 GMT
Funds to be used to maintain EU network of specialised anti-pollution vessels and to invest in satellite technology.

Praxis Market Update
16 Apr 2014 15:01 GMT

'Milestone' in EU clean fuels policy
16 Apr 2014 14:26 GMT
European Parliament approves rules to ensure the development of refuelling points for alternative fuels.

Singapore office for Hans Jensen Lubricators
16 Apr 2014 11:52 GMT
Cylinder lubrication specialist is opening an office in Singapore in order to be closer to customers.

Global Vision Market Report
16 Apr 2014 11:35 GMT

Rotterdam Market Report
16 Apr 2014 11:21 GMT

Harvey Gulf LNG tank ready for integration
16 Apr 2014 07:53 GMT
Gas tank is to be installed on board an LNG-fuelled OSV currently under construction in the US Gulf.

Market Briefing
16 Apr 2014 07:32 GMT
Libyan exports pick up, and so does tension in Ukraine (Brent: $109.3).

Singapore Market Commentary (with evening update)
16 Apr 2014 05:17 GMT

Japan's first gas engine to get DNV type approval
15 Apr 2014 15:17 GMT
Main engine for large vessels fuelled solely by gas is said to be the first Japanese gas engine to obtain DNV type approval.

Praxis Market Update
15 Apr 2014 14:41 GMT

Contract to build hybrid battery-powered PSV
15 Apr 2014 12:23 GMT
Vessel is scheduled to be delivered in 2015.

Global Vision Market Report
15 Apr 2014 11:47 GMT

Rotterdam Market Report
15 Apr 2014 11:33 GMT

Report suggests LNG bunkering is 'likely to develop fast'
15 Apr 2014 09:06 GMT
Study indicates that major ports are either planning for, or are anticipating, the wide-scale development of LNG bunkering.

Market Briefing
15 Apr 2014 06:48 GMT
Explosive cocktail for oil prices (Brent: $108.7).

Singapore Market Commentary (with evening update)
15 Apr 2014 06:19 GMT

TGE Marine wins LNG fuel gas contracts
14 Apr 2014 20:05 GMT
German engineering firm is awarded contracts for the design and supply of LNG fuel gas packages.

First phase of Bilbao storage project to cost 17m euros
14 Apr 2014 14:10 GMT
The total capacity of the storage facility will be more than 237,000 cubic metres when completed.

DNV GL 'honoured' to win eco award
14 Apr 2014 13:18 GMT
Company says it will continue to help customers become more efficient with further innovations.

Rotterdam Market Report
14 Apr 2014 12:51 GMT

Global Vision Market Report
14 Apr 2014 12:46 GMT

US East Coast supplier acquires barge and tug
14 Apr 2014 09:07 GMT
Bunker firm aims to increase supply volumes with vessel acquisitions.

Market Briefing
14 Apr 2014 07:27 GMT
West and Russia clash (verbally) over Ukraine (Brent: $107.8).

Singapore Market Commentary (with evening update)
14 Apr 2014 06:23 GMT

Integrated propulsion for HFO-fuelled pushboat
11 Apr 2014 14:42 GMT
Vessel is scheduled to be delivered in the second quarter of 2015.

Praxis Market Update
11 Apr 2014 13:38 GMT

OW Risk Management Report
11 Apr 2014 13:25 GMT

Global Vision Market Report
11 Apr 2014 13:17 GMT

Rotterdam Market Report
11 Apr 2014 13:11 GMT

Stebbins to step down as chairman
11 Apr 2014 12:55 GMT
World Fuel Services to appoint Michael J. Kasbar as chairman of the board of directors.

Bulk liquid terminal commissioned at Pipavav
11 Apr 2014 09:02 GMT
Liquid bulk facility to specialize in petroleum products, chemicals, petrochemicals and non-petroleum products.

Market Briefing
11 Apr 2014 07:18 GMT
OPEC production dropped last month (Brent: $107.3).

Singapore Market Commentary (with evening update)
11 Apr 2014 06:22 GMT

Lukoil restarts bunkering at Volgograd
10 Apr 2014 15:22 GMT
Russian supplier offering distillates and marine lubricants at Volga River port.

OW Risk Management Report
10 Apr 2014 13:28 GMT

Global Vision Market Report
10 Apr 2014 13:21 GMT

Rotterdam Market Report
10 Apr 2014 12:21 GMT

Fuel-saving products on show in Tokyo
10 Apr 2014 08:43 GMT
Technology on display includes low fuel consumption engines, hybrid power systems and low-drag hull forms.

US Navy to save fuel with energy storage system
10 Apr 2014 08:27 GMT
Energy storage system will function as a ship-wide uninterruptable power supply.

Market Briefing
10 Apr 2014 07:23 GMT
Oil prices curbed by Chinese figures (Brent: $107.6).

Singapore Market Commentary (with evening update)
10 Apr 2014 06:14 GMT

DNV GL introduces 'next generation' energy efficiency methodology
09 Apr 2014 20:18 GMT
Methodology is designed to help ship managers make the most out of their Ship Energy Efficiency Management Plans.

Praxis Market Update
09 Apr 2014 15:35 GMT

OW Risk Management Report
09 Apr 2014 11:31 GMT

Global Vision Market Report
09 Apr 2014 11:20 GMT

Rotterdam Market Report
09 Apr 2014 11:01 GMT

OW in alliance with Genoil to produce 0.1% sulphur fuel oil
09 Mar 2014 10:35 GMT
Genoil to develop hydrocracking unit to produce ECA-compliant LSFO; OW Bunker to provide feed oil and buy one million tonnes of 0.1% LSFO per annum.

New mass flow measurement labs in Singapore
09 Apr 2014 09:05 GMT
Liquid flow metrology lab launched. Agreement to develop a lab for the mass flow measurement of bunker fuel.

Market Briefing
09 Apr 2014 07:38 GMT
Oil inventories due today (Brent: $107.3).

Zeebrugge in LNG transshipment agreement
09 Apr 2014 07:23 GMT
LNG bunker hub in agreement to source product from Russia's Yamal Peninsula.

Singapore Market Commentary (with evening update)
09 Apr 2014 05:24 GMT

Underwater operation leads to fuel savings
08 Apr 2014 15:58 GMT
Tanker owner benefits from propeller device installation in Rotterdam.

Green light to develop oil terminal in Saldanha Bay
08 Apr 2014 14:52 GMT
Crude oil blending and storage terminal will have a total capacity of over 13 million barrels when completed.

Ferry operator achieves fuel savings of almost 40%
08 Apr 2014 14:24 GMT
Hybrid propulsion system enables Scottish firm to slash bunker costs.

OW Risk Management Report
08 Apr 2014 12:38 GMT

Global Vision Market Report
08 Apr 2014 12:29 GMT

Rotterdam Market Report
08 Apr 2014 12:18 GMT

First shipment of marine gas engine
08 Apr 2014 10:12 GMT
Five marine gas engines are to be used to power an LNG-fuelled barge in Hamburg.

Market Briefing
08 Apr 2014 08:20 GMT
Mixed oil news (Brent: $106.1).

MEPC completes 66th session
07 Apr 2014 15:07 GMT
Marine Environment Protection Committee (MEPC), 66th session, 31 March to 4 April 2014.

Patent issued for glycerol hybrid fuel
07 Apr 2014 14:37 GMT
Researchers are developing eco-hybrid fuel technology for the marine, rail and power generation industries.

New Middle East turbocharging service
07 Apr 2014 14:04 GMT
Turbocharger applications are designed to help reduce fuel consumption while increasing efficiency and reliability.

Rotterdam Market Report
07 Apr 2014 13:22 GMT

OW Risk Management Report
07 Apr 2014 12:42 GMT

Global Vision Market Report
07 Apr 2014 12:32 GMT

Market Briefing
07 Apr 2014 09:10 GMT
Been there, done that, got the t-shirt (Brent: $105.8).

Stebbins in $1.25 million share sale
07 Apr 2014 08:53 GMT
Paul Stebbins, executive chairman of World Fuel Services, sells over 28,000 company shares.

Singapore Market Commentary (with evening update)
07 Apr 2014 05:37 GMT

WTI vs BIX price comparison
04 Apr 2014 19:05 GMT
Analysis of WTI crude vs the BIX global bunker price.

Brent vs BIX price comparison
04 Apr 2014 12:33 GMT
Analysis of Brent crude vs the BIX global bunker price.

DFDS chooses fuel-saving solutions
04 Apr 2014 12:12 GMT
Shipping company to install energy-saving technology on around 20 ships.

Singapore MGO vs ICE Gas Oil
04 Apr 2014 11:55 GMT
Analysis of Singapore marine gas oil (MGO) and ICE Gas Oil prices.

OW Risk Management Report
04 Apr 2014 11:38 GMT

Global Vision Market Report
04 Apr 2014 11:29 GMT

Rotterdam Market Report
04 Apr 2014 11:23 GMT

Market Briefing
04 Apr 2014 09:10 GMT
Aaaand there goes Libyan extra production out the window (Brent: $106.3).

Singapore Market Commentary (with evening update)
04 Apr 2014 06:26 GMT

Survey highlights high cost of litigation for brokers
03 Apr 2014 14:42 GMT
Survey of London solicitors highlights the high cost of litigation for brokers seeking judgement in the English courts.

Fuel-saving rigid sail technology at Tokyo event
03 Apr 2014 12:51 GMT
Shipping technology to be presented for the first time next week in Japan.

Quarterly oil market report released
03 Apr 2014 12:37 GMT
Report looks at fundamentals, financials and geopolitical factors in quarterly oil market analysis.

OW Risk Management Report
03 Apr 2014 12:22 GMT

Global Vision Market Report
03 Apr 2014 12:13 GMT

Rotterdam Market Report
03 Apr 2014 11:57 GMT

Mobile app containing IMO conventions is launched
03 Apr 2014 11:45 GMT
New mobile app is available for download on Apple and Google Play stores.

Market Briefing
03 Apr 2014 08:54 GMT
Russia, Iran, Libya and ECB (Brent: $104.6).

Singapore Market Commentary (with evening update)
03 Apr 2014 07:18 GMT

Seattle wins Clean Air Excellence Award
02 Apr 2014 20:48 GMT
US port is presented with award in recognition of its work in reducing maritime-related emissions.

Bunker price volatility down in March
02 Apr 2014 14:33 GMT
Sustained period of low global bunker price volatility continues.

Rotterdam 380 cst average dips $2 in March
02 Apr 2014 14:15 GMT
Europe's leading bunker port records its least significant decrease since May 2013.

OW Risk Management Report
02 Apr 2014 13:55 GMT

Global Vision Market Report
02 Apr 2014 13:43 GMT

Rotterdam Market Report
02 Apr 2014 12:42 GMT

New trader/broker at Glander International Bunkering
02 Apr 2014 09:34 GMT
Ryan Anthony Hernandez joins the company's Florida office.

Market Briefing
02 Apr 2014 09:12 GMT

Singapore Market Commentary (with evening update)
02 Apr 2014 07:51 GMT

Praxis Market Update
01 Apr 2014 20:23 GMT

Dynamic Oil Trading appoints worldwide markets trader
01 Apr 2014 16:52 GMT
Suzanne Lim is appointed Team Leader, Worldwide Market, at the company's headquarters in Singapore.

Global Vision Market Report
01 Apr 2014 14:32 GMT

OW Risk Management Report
01 Apr 2014 14:30 GMT

Rotterdam Market Report
01 Apr 2014 12:20 GMT

IBIA 'completely serious' about improving bunker quality
01 Apr 2014 12:13 GMT
IBIA says the appointment of Jens Maul Jorgensen as chairman shows that it is focused on improving bunker quality across the supply chain.

Market Briefing
01 Apr 2014 09:27 GMT
Turning saltwater into gasoil (!) (Brent: $107.4).

Coteam Petroleum has bunker licences cancelled
01 Apr 2014 09:18 GMT
Supplier is said to have allowed other companies to use its bunker delivery notes and to have made deliveries on behalf of an unlicensed firm.

Sekimizu addresses MEPC 66
01 Apr 2014 07:34 GMT
IMO Secretary-General, Koji Sekimizu, speaks at the opening of the 66th session of the Marine Environment Protection Committe (MEPC).

Port program offers incentives for at-berth ships to burn low sulphur fuel
01 Apr 2014 06:51 GMT
Final year of program continues to reduce pollutants prior to ECA starting in 2015.

Singapore Market Commentary (with evening update)
01 Apr 2014 05:47 GMT



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