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Home » News » News Archive - June 2014


News Archive - June 2014

TGE Marine secures gas system and cargo tank contracts
27 Jun 2014 18:14 GMT
German engineering firm is awarded nine contracts for the supply of gas plants, high pressure fuel gas systems and cargo tanks.

Praxis Market Update
27 Jun 2014 13:03 GMT

OW Bunker launches physical operations in New York
27 Jun 2014 12:43 GMT
Bunker firm continues its expansion strategy in North America with the launch of physical distribution services in New York and New Jersey.

Tri-fuel LNG carriers ordered
27 Jun 2014 12:33 GMT
Vessels are expected to be delivered in the second half of 2017.

Global Vision Market Report
27 Jun 2014 11:18 GMT

Dan-Bunkering hires trader in Monaco
27 Jun 2014 11:02 GMT
New addition to the team has over 10 years' experience in the real estate business.

OW Risk Management Report
27 Jun 2014 10:38 GMT

Rotterdam Market Report
27 Jun 2014 10:32 GMT

Market Briefing
27 Jun 2014 07:34 GMT
Oil prices slightly down - fragile situation in Ukraine/Iraq (Brent: $113).

Singapore Market Commentary (with evening update)
27 Jun 2014 07:17 GMT

New electric propulsion contract for Royal Navy ships
26 Jun 2014 17:37 GMT
Latest contract forms part of a major program to upgrade the Ministry of Defence's current fleet of frigates.

New LNG bunkering body sets five-year target
26 Jun 2014 14:15 GMT
New group targets 50 LNG-fuelled ships by 2019 and aims to increase its membership to 50 within its first year.

Cutting fuel consumption with new wind propulsion solution
26 Jun 2014 13:35 GMT
Rotor sail solution is designed to help cargo vessels 'significantly' cut fuel costs.

Praxis Market Update
26 Jun 2014 13:11 GMT

Contract awarded to build liquid terminal in Colombia
26 Jun 2014 12:46 GMT
Commissioning of the new terminal is targeted for the second quarter of 2015.

Global Vision Market Report
26 Jun 2014 12:02 GMT

OW Risk Management Report
26 Jun 2014 11:53 GMT

Rotterdam Market Report
26 Jun 2014 11:33 GMT

Market Briefing
26 Jun 2014 07:55 GMT
Iraqi unrest and disappointing U.S. economic data (Brent: $113.9).

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

Float out ceremony for fuel-efficient cruise ship
25 Jun 2014 18:28 GMT
Vessel features energy-efficient hybrid engines, hydro-dynamically optimized streamlined hulls and bows for maximum fuel efficiency.

Global Vision Market Report
25 Jun 2014 16:17 GMT

Carnival bunker costs down $28 million in Q2
25 Jun 2014 14:33 GMT
Fuel expenses fall by 5% for Carnival as bunker consumption declines by 12,000 tonnes and the average fuel cost per metric tonne is down 3.8%.

Praxis Market Update
25 Jun 2014 12:41 GMT

Shipping doesn't need new regulations, says Liberian Registry manager
25 Jun 2014 11:37 GMT
"Too much time, too much energy and too much expense has been wasted on new regulations," says the US-based manager of the Liberian Registry.

OW Risk Management Report
25 Jun 2014 11:15 GMT

Rotterdam Market Report
25 Jun 2014 11:06 GMT

Global Risk Management posts record financial results
25 Jun 2014 08:58 GMT
Risk management specialist achieves increase in annual profit before tax.

Market Briefing
25 Jun 2014 08:18 GMT
Supply worries eased; improved economic numbers in the U.S. (Brent: $113.7).

Singapore Market Commentary (with evening update)
25 Jun 2014 06:03 GMT

Global Vision Market Report
24 Jun 2014 12:28 GMT

OW Bunker acquires Wilhelmsen Marine Fuels
24 Jun 2014 12:07 GMT
Wilhelmsen Marine Fuels is due be integrated as a fully owned subsidiary of OW Bunker as of July 1.

Praxis Market Update
24 Jun 2014 11:48 GMT

Wärtsilä seal systems gain Lloyd's Register recognition for meeting EPA requirements
24 Jun 2014 11:32 GMT
Lloyd's Register review is said to have shown that Wärtsilä seals can be used with mineral oils and a range of environmentally acceptable lubricants and are unlikely to leak mineral oils into the sea during normal operating conditions.

OW Risk Management Report
24 Jun 2014 10:46 GMT

Rotterdam Market Report
24 Jun 2014 10:28 GMT

Market Briefing
24 Jun 2014 09:19 GMT
Ample oil supply in southern Iraq calms the market (Brent: $113.8).

GAC appoints Group Vice President for Asia Pacific
24 Jun 2014 09:08 GMT
Fredrik Nyström is appointed Group Vice President for the Asia Pacific region. He takes over from Dan Hjalmarsson, who has retired.

Bomin confirms new address details
24 Jun 2014 08:37 GMT
Move to new premises in Hamburg took place earlier this month.

Singapore Market Commentary (with evening update)
24 Jun 2014 06:25 GMT

Propulsion system for shipping group and bunker firm
23 Jun 2014 18:36 GMT
New tanker is due to operate mainly in northern Europe.

Engine for 'world's most eco-friendly containership' delivered
23 Jun 2014 14:36 GMT
Engine will primarily operate on liquefied natural gas (LNG).

OW Risk Management Report
23 Jun 2014 12:25 GMT

Praxis Market Update
23 Jun 2014 12:18 GMT

GAC launches HullWiper at Sharjah
23 Jun 2014 11:38 GMT
GAC's new hull-cleaning remotely operated vehicle has been extended to a third UAE port.

OW Bunker names new Global Sales Director
23 Jun 2014 11:33 GMT
Steve Leonard is to work closely with the company's central and regional divisions to ensure all strategy is aligned and fully integrated on a global basis.

Rotterdam Market Report
23 Jun 2014 11:14 GMT

Market Briefing
23 Jun 2014 07:26 GMT
Oil above $115 on continued geopolitical tensions and improved Chinese economic data.

Singapore Market Commentary (with evening update)
23 Jun 2014 05:55 GMT

River vessel retrofitted for LNG fuel is launched
20 Jun 2014 14:31 GMT
Inland waterway vessel is retrofitted with liquefied natural gas (LNG) engines.

Dan-Bunkering appoints senior bunker trader
20 Jun 2014 13:10 GMT
Evgeni Nordberg joins Houston-based Dan-Bunkering (America) Inc.

Praxis Market Update
20 Jun 2014 11:32 GMT

Global Vision Market Report
20 Jun 2014 11:16 GMT

OW Risk Management Report
20 Jun 2014 11:09 GMT

Rotterdam Market Report
20 Jun 2014 11:00 GMT

Red Funnel: We've been using low sulphur fuel for 18 years
20 Jun 2014 09:10 GMT
With new SECA regulations due to come into force in 2015, ferry operator points out that its vessels have been running on low sulphur fuel since 1996.

Market Briefing
20 Jun 2014 08:15 GMT
Oil prices continue upwards as geopolitics dominates, U.S. economy improves (Brent: $114.9).

Singapore Market Commentary (with evening update)
20 Jun 2014 06:11 GMT

Oil supply predicted to grow faster than demand
19 Jun 2014 18:00:39 GMT
Estimates are based on an analysis of oil fields and oil companies in 150 countries.

Contract to build LNG fuel gas system for icebreaker
19 Jun 2014 14:55 GMT
Vessel is scheduled to be launched in late 2016.

Hinchliffe: Shipping industry committed to reducing CO2 emissions
19 Jun 2014 13:00 GMT
ICS Secretary General says the industry is on a pathway to deliver ships by 2030 that will be 30% more efficient than those of just two years ago.

New York launches retrofitted electric canal boat
19 Jun 2014 12:33 GMT
Vessel now runs on a battery-powered all-electric powertrain system.

Praxis Market Update
19 Jun 2014 12:02 GMT

Global Vision Market Report
19 Jun 2014 11:58 GMT

OW Risk Management Report
19 Jun 2014 11:52 GMT

Rotterdam Market Report
19 Jun 2014 11:36 GMT

Market Briefing
19 Jun 2014 07:46 GMT
Oil prices continue the uptrend (Brent: $114.6).

Singapore Market Commentary (with evening update)
19 Jun 2014 05:47 GMT

Bunker theft threat to small tankers in South East Asia
18 Jun 2014 18:22 GMT
At least six known cases of coastal tankers being hijacked for their fuel cargoes have been reported since April.

LR addresses fuel changes when entering and exiting ECAs
18 Jun 2014 13:22 GMT
Lloyd's Register describes the main points to consider when carrying out a fuel changeover.

Global Vision Market Report
18 Jun 2014 12:07 GMT

MSC Cruises gets high score for energy-saving initiatives
18 Jun 2014 11:37 GMT
Cruise line is certified under goal-based scheme that recognizes management excellence, setting standards which go beyond the requirements of statutory rules and codes.

Praxis Market Update
18 Jun 2014 11:23 GMT

Rotterdam Market Report
18 Jun 2014 11:16 GMT

OW Risk Management Report
18 Jun 2014 09:08 GMT

Glander International Bunkering appoints trader in Dubai
18 Jun 2014 08:51 GMT
Elza Adamyan is appointed bunker and lubricant trader.

Market Briefing
18 Jun 2014 07:30 GMT
Geopolitics prevails; inventory data and FOMC statement in focus (Brent: $ 113.3).

Singapore Market Commentary (with evening update)
18 Jun 2014 06:27 GMT

ABB to power Yamal Arctic ice-going LNG carriers
17 Jun 2014 17:18 GMT
LNG to be shipped via the Northern Sea Route, resulting in lower fuel consumption.

KPI Bridge Oil appoints managing director in London
17 Jun 2014 13:41 GMT
"A privilege to be taking the helm," says new managing director James Enston.

X72 and X62 engines pass 'milestone' tests
17 Jun 2014 12:51 GMT
Both engines feature Wärtsilä's electronically controlled common rail system with time-controlled fuel injection designed to provide fuel efficiency.

Praxis Market Update
17 Jun 2014 12:40 GMT

Global Vision Market Report
17 Jun 2014 12:30 GMT

Rotterdam Market Report
17 Jun 2014 12:13 GMT

OW Risk Management Report
17 Jun 2014 09:21 GMT

Market Briefing
17 Jun 2014 08:51 GMT
Geopolitics stays in focus (Brent: $112.6).

Castrol to become BP's sole marine lubricant brand
17 Jun 2014 07:24 GMT
BP Marine and Castrol Marine brands are to be consolidated to create a single product and service portfolio.

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

Praxis Market Update
16 Jun 2014 13:31 GMT

Global Vision Market Report
16 Jun 2014 13:25 GMT

Tests confirm 27% fuel savings from Onboard DC Grid
16 Jun 2014 13:14 GMT
First documented results from a vessel outfitted with ABB's Onboard DC Grid.

OW Risk Management Report
16 Jun 2014 13:10 GMT

Rotterdam Market Report
16 Jun 2014 12:08 GMT

Singapore Market Commentary (with evening update)
16 Jun 2014 11:40 GMT

Market Briefing
16 Jun 2014 11:12 GMT
Supply disruption fears continue (Brent: $113.2).

Bunker firm warns of 'significant shortage of stock' in 2015
13 Jun 2014 16:34 GMT
Bunker company examines the options available to operators ahead of the new sulphur regulations in January 2015.

Bunker tank tour at UK event
13 Jun 2014 16:08 GMT
Event guests are taken on a tour of a new storage facility in the UK.

Singapore sales fall from 23-month high
13 Jun 2014 15:31 GMT
Month-on-month volumes down 4.6 percent; year-on-year sales up 2.9 percent. Second highest 500 cSt figure ever recorded.

Praxis Market Update
13 Jun 2014 14:51 GMT

Global Vision Market Report
13 Jun 2014 14:11 GMT

OW Risk Management Report
13 Jun 2014 12:21 GMT

Rotterdam Market Report
13 Jun 2014 12:12 GMT

New headquarters for Bomin from next week
13 Jun 2014 11:41 GMT
Move to new premises in Hamburg is taking place today.

Market Briefing
13 Jun 2014 07:07 GMT
Fear of supply disruptions is ruling (Brent: $113.7).

Singapore Market Commentary (with evening update)
13 Jun 2014 06:21 GMT

US Navy seeks 37 million gallons of biofuels
12 Jun 2014 18:00 GMT
Move is aimed at reducing the Department of the Navy's reliance on petroleum.

'First' marine engine running on glycerine displayed in UK
12 Jun 2014 17:21 GMT
Glycerine as a marine fuel seminar held this week; 'world's first' marine engine running on glycerine has been on display.

Global Vision Market Report
12 Jun 2014 12:23 GMT

OW Risk Management Report
12 Jun 2014 09:21 GMT

Rotterdam Market Report
12 Jun 2014 09:02 GMT

Market Briefing
12 Jun 2014 08:52 GMT
Iraqi unrest potentially bullish for oil prices (Brent: $110.4).

Morgan Stanley to sell TransMontaigne ownership stake to NGL Energy Partners
12 Jun 2014 08:02 GMT
Transaction is expected to close in the third quarter of 2014.

Environmental permit granted for LNG terminal in Gothenburg
12 Jun 2014 06:34 GMT
Once completed, ships will be able to bunker LNG as fuel at Gothenburg's new terminal.

Singapore Market Commentary (with evening update)
12 Jun 2014 04:51 GMT

Court orders vessel to pay bunker companies in Malta
11 Jun 2014 21:56 GMT
Ship ordered to pay local firms for fuel and water supplied.

Turkish supplier chooses flow meter technology
11 Jun 2014 21:11 GMT
Bunker firm says it aims to provide customers with increased accuracy and transparency as well as improving operational efficiency.

Skangass now operating under the same name in Nordic countries
11 Jun 2014 12:04 GMT
LNG business operates under the Skangass company name in Finland, Sweden and Norway.

OW Risk Management Report
11 Jun 2014 11:15 GMT

Rotterdam Market Report
11 Jun 2014 10:58 GMT

Market Briefing
11 Jun 2014 07:26 GMT
Oil prices inch downwards as tensions ease, inventories augment (Brent: $109.8).

Singapore Market Commentary (with evening update)
11 Jun 2014 06:46 GMT

New MGO facility at Port of Tyne
10 Jun 2014 16:14 GMT
UK supplier offering MGO ex-pipe at Port of Tyne as well as truck deliveries across the North East.

Energy management course launched
10 Jun 2014 15:06 GMT
Course is designed to make a company's progression to ISO 50001 accreditation as straight forward as possible.

OW Risk Management Report
10 Jun 2014 14:31 GMT

Global Vision Market Report
10 Jun 2014 14:13 GMT

Rotterdam Market Report
10 Jun 2014 12:15 GMT

Market Briefing
10 Jun 2014 09:11 GMT
Demand expectations drive oil prices up (Brent: $110.1).

World's first LNG-fuelled icebreaker to be powered by Wärtsilä dual-fuel engines
10 Jun 2014 08:49 GMT
Vessel is scheduled to be launched in late 2015.

Singapore Market Commentary (with evening update)
10 Jun 2014 06:25 GMT

OW Risk Management Report
09 Jun 2014 13:53 GMT

Global Vision Market Report
09 Jun 2014 13:37 GMT

Dynamic Oil Trading calls for greater due diligence
09 Jun 2014 13:15 GMT
Ship owners encouraged to invest in long-term supplier relationships to reduce exposure to fuel supply problems.

Shipping intermediaries warned of failure to incorporate terms and conditions
09 Jun 2014 08:53 GMT
UK firm provides guidelines on the incorporation of terms and conditions.

Tankers resume bunkering in Gulf of Finland
09 Jun 2014 08:20 GMT
Scheduled vessel maintenance completed in St. Petersburg.

Up to 5% in fuel savings with new additive, says technology firm
09 Jun 2014 07:47 GMT
US firm enters marine market with 'successfully tested' additive.

Singapore Market Commentary (with evening update)
09 Jun 2014 05:39 GMT

OOCL accredited for environmental data integrity
06 Jun 2014 18:21 GMT
Lloyd's Register verifies OOCL's CO2 and SOx emissions data.

Bunker Index (BIX) statistical summary
06 Jun 2014 15:18 GMT
Key monthly Bunker Index (BIX) data provided in price summary.

Global Vision Market Report
06 Jun 2014 14:04 GMT

Rotterdam Market Report
06 Jun 2014 12:14 GMT

Project to develop LNG-powered ULCSs
06 Jun 2014 09:42 GMT
LNG-fuelled boxship project will be the 'cornerstone' of a broad sustainability strategy.

OW Risk Management Report
06 Jun 2014 09:02 GMT

Market Briefing
06 Jun 2014 08:30 GMT

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

WTI vs BIX price comparison
05 Jun 2014 15:35 GMT
Analysis of WTI crude vs the BIX global bunker price.

Brent vs BIX price comparison
05 Jun 2014 12:28 GMT
Analysis of Brent crude vs the BIX global bunker price.

Singapore MGO vs ICE Gas Oil
05 Jun 2014 12:14 GMT
Analysis of Singapore marine gas oil (MGO) and ICE Gas Oil prices.

OW Risk Management Report
05 Jun 2014 11:49 GMT

Global Vision Market Report
05 Jun 2014 11:38 GMT

Rotterdam Market Report
05 Jun 2014 11:31 GMT

Singapore Market Commentary (with evening update)
05 Jun 2014 05:52 GMT

Petrobras: No bunker enquiries during World Cup holidays
04 Jun 2014 22:18 GMT
Bunker department in Rio de Janeiro will not be working enquiries during the upcoming World Cup public holidays.

LNG-fuelled ro-ro ferry for Australian market
04 Jun 2014 15:05 GMT
New vessel is set to operate between the Australian mainland and Tasmania upon completion in 2016.

Up to 4% in fuel savings with new fixed pitch propeller design
04 Jun 2014 14:21 GMT
Concept has been developed using the latest computational fluid dynamics technology.

OW Risk Management Report
04 Jun 2014 13:48 GMT

Global Vision Market Report
04 Jun 2014 13:27 GMT

Rotterdam Market Report
04 Jun 2014 12:44 GMT

Singapore Market Commentary (with evening update)
04 Jun 2014 07:51 GMT

Market Briefing
04 Jun 2014 07:28 GMT
Storm, summit and oil inventories coming up (Brent: $108.9).

Glander International Bunkering hires trader in Dubai
04 Jun 2014 07:14 GMT
Laura Toplar is appointed bunker and lubricant trader.

Trader leaves Asian bunker firm
03 Jun 2014 15:03 GMT
Asian trader's next appointment will not be in the bunker industry, says general manager.

OW Risk Management Report
03 Jun 2014 13:01 GMT

Global Vision Market Report
03 Jun 2014 12:56 GMT

Rotterdam Market Report
03 Jun 2014 12:35 GMT

Market Briefing
03 Jun 2014 08:46 GMT
Easing fears of Russian energy cut-off (Brent: $108.7).

World Fuel Services renews share repurchase program
03 Jun 2014 08:34 GMT
Share repurchase program authorizes the purchase of up to $65 million in common stock.

Bunkers International expands US barge fleet
03 Jun 2014 07:31 GMT
The addition of the AGB EllaC and the AGB-JPC brings the company's vessel fleet to five.

New Dan-Bunkering employee in Dubai
03 Jun 2014 07:01 GMT
Dan-Bunkering (Middle East) DMCC hires administrative assistant.

Singapore Market Commentary (with evening update)
03 Jun 2014 06:42 GMT

Global bunker average virtually steady in May
02 Jun 2014 14:23 GMT
Monthly global bunker average rose by just $0.09 per tonne in May.

Global Vision Market Report
02 Jun 2014 11:14 GMT

Rotterdam Market Report
02 Jun 2014 10:45 GMT

OW Risk Management Report
02 Jun 2014 09:05 GMT

Market Briefing
02 Jun 2014 08:47 GMT
Growth in China and OPEC output on the rise (Brent: $109.7).

Merger of BMS Bunkers with United Bunkering and Trading
02 Jun 2014 07:31 GMT
Asian bunker specialist and Greece-headquartered trading firm join forces to become BMS United Bunkers.

Singapore Market Commentary (with evening update)
02 Jun 2014 06:35 GMT



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