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Home » News » News Archive - January 2015


News Archive - January 2015

NuStar records 18.5% decline in fuels marketing sales in 2014
30 Jan 2015 17:15 GMT
Reduction in the cost of product sales leads to overall rise in segment operating income.

Rotterdam 380 cSt monthly average at lowest level since March '09
30 Jan 2015 14:17 GMT
The 380 cSt average at Europe's leading bunker port records its second biggest monthly decline in more than six years.

Low-sulphur fuel enforcement advisory issued
30 Jan 2015 12:20 GMT
Advisory issued to Skuld members on the enforcement of new sulphur content rules in the U.S. and EU.

Rotterdam Market Report
30 Jan 2015 11:30 GMT
Market report from Marine Bunkering (Rotterdam) B.V.

Global Vision Market Report
30 Jan 2015 11:28 GMT
Market report from Global Vision Bunkers B.V.

Singapore 380 cSt average drops to lowest level in almost six years
30 Jan 2015 11:04 GMT
Singapore's best-selling fuel grade also records second biggest monthly decline since November 2008.

Fujairah 380 cSt average plummets 20.4% in January
30 Jan 2015 10:33 GMT
The 380 cSt average at the Middle East's leading bunker port has fallen 51.2% since September.

Market Briefing
30 Jan 2015 09:04 GMT
Oil trading sideways (Brent: $48.9).

Singapore Market Commentary
30 Jan 2015 08:53 GMT
Market commentary from Wired Bunkering.

No upfront payment for fuel-saving retrofits
29 Jan 2015 14:15 GMT
New retrofit initiative involves owners and operators paying back a proportion of the amount they save on fuel costs instead of an upfront payment.

Bunker Holding confirms appointment
29 Jan 2015 13:15 GMT
Kristian Kent Hughes will be responsible for managing, prioritising and developing projects across the group.

GAC Bunker Fuels passes ISO 9001 audit, hires two traders
29 Jan 2015 12:01 GMT
Bunker firm says ISO certification shows its commitment to compliance and corporate governance. Traders join Dubai office.

Global Vision Market Report
29 Jan 2015 11:37 GMT
Market report from Global Vision Bunkers B.V.

Rotterdam Market Report
29 Jan 2015 11:00 GMT
Market report from Marine Bunkering (Rotterdam) B.V.

Market Briefing
29 Jan 2015 09:23 GMT
(Another) huge build in crude oil inventories (Brent: $48.6).

Dan-Bunkering appoints trader in Monaco
29 Jan 2015 08:57 GMT
Mathias Runge Petersen is described as 'an excellent fit' to Dan-Bunkering's trading team in Monaco.

Singapore Market Commentary
29 Jan 2015 08:37 GMT
Market commentary from Wired Bunkering.

Maersk Line commits to 20% CO2 emissions cut
28 Jan 2015 14:42 GMT
Agreement to reduce the CO2 emissions of every container it ships on behalf of DB Schenker Logistics by 20% between now and 2020.

EU commits funding to LNG bunkering project in Poland
28 Jan 2015 12:45 GMT
TEN-T Programme is to co-fund the development of the ports of Swinoujscie and Trelleborg.

Integrated propulsion solution for three gas-fuelled tugs
28 Jan 2015 11:38 GMT
Vessels are to be built to operate mainly on LNG with the flexibility to switch to 'the most suitable fuel according to availability, price and local environmental restrictions'.

Global Vision Market Report
28 Jan 2015 11:08 GMT
Market report from Global Vision Bunkers B.V.

Rotterdam Market Report
28 Jan 2015 11:03 GMT
Market report from Marine Bunkering (Rotterdam) B.V.

Glander International Bunkering hires senior trader
28 Jan 2015 10:42 GMT
Christoffer Ditlev Pedersen was previously employed at OW Bunker for over five years.

Market Briefing
28 Jan 2015 10:04 GMT
Huge builds in crude oil inventories.

Singapore Market Commentary
28 Jan 2015 09:57 GMT
Market commentary from Wired Bunkering.

Antwerp records 1.5% decline in annual ship calls
27 Jan 2015 16:03 GMT
Belgian port recorded 14,009 calls by sea-going ships in 2014.

Training course designed to help reduce fuel costs
27 Jan 2015 14:04 GMT
Programme is designed to help organizations achieve effective energy management by setting out a sequence of procedures and systems.

Option to buy 40 scrubbers in 2015
27 Jan 2015 12:54 GMT
LMS Shipmanagement has until December 31 to exercise its option to buy up to 40 additional fuel purification systems from Triton.

Global Vision Market Report
27 Jan 2015 12:18 GMT
Market report from Global Vision Bunkers B.V.

Rotterdam Market Report
27 Jan 2015 12:12 GMT
Market report from Marine Bunkering (Rotterdam) B.V.

BP Marine to cease bunkering in US, Panama
27 Jan 2015 11:25 GMT
Oil major confirms that it plans to withdraw from Houston, New York, Offshore Gulf of Mexico and Panama.

Market Briefing
27 Jan 2015 09:51 GMT
Blizzard and key economic data - OPEC comment (Brent: $47.8).

Singapore Market Commentary
27 Jan 2015 08:44 GMT
Market commentary from Wired Bunkering.

Software launched to assist ships with fuel changeover
26 Jan 2015 16:50 GMT
Software is said to assess fuel consumption at actual operating speed to calculate the time required to completely switch to a low-sulphur fuel.

Utility requires 90,000 tonnes of fuel oil
26 Jan 2015 15:22 GMT
Korean firm is looking to buy fuel oil with a maximum sulphur content of 2.59 percent.

Bunker Holding appoints former KPI Bridge Oil MD
26 Jan 2015 11:58 GMT
Henrik Hansen will be tasked with implementing education and training programmes across the group.

Global Vision Market Report
26 Jan 2015 11:12 GMT
Market report from Global Vision Bunkers B.V.

Rotterdam Market Report
26 Jan 2015 11:04 GMT
Market report from Marine Bunkering (Rotterdam) B.V.

Market Briefing
26 Jan 2015 10:53 GMT
Greece elections and Saudi king statement weigh on prices (Brent: $47.9).

Singapore Market Commentary
26 Jan 2015 09:44 GMT
Market commentary from Wired Bunkering.

Bunker broking company launched in Dubai
23 Jan 2015 15:48 GMT
Operation is headed by experienced bunker professional Jesper Jervild.

Petrobras trader Cristina Green retires
23 Jan 2015 13:55 GMT
Ana Beatriz Rossetto will now be handling enquiries and nominations for London-based Petrobras Europe Ltd.

Summary of Singapore's 2014 maritime performance
23 Jan 2015 13:04 GMT
Dip in bunker sales is the only negative result as vessel arrival tonnage and container and cargo throughput rise.

Global Vision Market Report
23 Jan 2015 12:56 GMT
Market report from Global Vision Bunkers B.V.

Rotterdam Market Report
23 Jan 2015 11:47 GMT
Market report from Marine Bunkering (Rotterdam) B.V.

Keel laying ceremony for Crowley's first LNG-powered ships
23 Jan 2015 10:52 GMT
Ships are scheduled for delivery in 2017.

Market Briefing
23 Jan 2015 09:40 GMT
Surprise build in crude inventories, large ECB QE and new Saudi king (Brent: $49.5).

Singapore Market Commentary
23 Jan 2015 09:18 GMT
Market commentary from Wired Bunkering.

Rotterdam bunker sales up 1.8% in 2014
22 Jan 2015 19:51 GMT
Bunker volumes rise for the first time since 2011 at Europe's leading bunker port.

MoU to improve fuel efficiency of large ocean-going vessels
22 Jan 2015 15:15 GMT
Computational modelling and visualisation technologies are to be used to design vessels with improved hydrodynamics for better fuel efficiency.

ABB reports record propulsion system orders in 2014
22 Jan 2015 13:01 GMT
Cruise market and Arctic projects boost ABB's marine solution sales.

Glander International Bunkering expands Dubai team
22 Jan 2015 11:01 GMT
Bunker firm says new appointment provides it with 'strong unique positioning in the Nordic regions'.

Rotterdam Market Report
22 Jan 2015 10:32 GMT
Market report from Marine Bunkering (Rotterdam) B.V.

Market Briefing
22 Jan 2015 10:21 GMT
Wait and see what Draghi's move will be (Brent: $48.9).

Singapore Market Commentary
22 Jan 2015 09:05 GMT
Market commentary from Wired Bunkering.

Global Vision Market Report
21 Jan 2015 15:55 GMT
Market report from Global Vision Bunkers B.V.

Rotterdam Market Report
21 Jan 2015 15:48 GMT
Market report from Marine Bunkering (Rotterdam) B.V.

Bunker Holding hires former OW legal counsel
21 Jan 2015 15:21 GMT
Casper Pasgaard Dybdal has been tasked with servicing all Bunker Holding offices on legal and contractual matters.

Kemel approves Lubmarine's Bioneptan product range
21 Jan 2015 13:58 GMT
The Bioneptan range is designed specifically for vessels' stern tubes.

ExxonMobil MGO now available at Le Havre
21 Jan 2015 13:03 GMT
Oil major is now offering a dedicated MGO barge delivery service to clients at the French port.

Market Briefing
21 Jan 2015 09:44 GMT
Another volatile day in the oil market (Brent: $48.5).

Singapore Market Commentary
21 Jan 2015 09:35 GMT
Market commentary from Wired Bunkering.

Aegean to open office in Russia with five ex-OW staff
21 Jan 2015 09:09 GMT
St. Petersburg-based operation is to focus on the sale of marine petroleum products across all Russian ports.

Aegean appoints Adrian Tolson as MD of U.S. subsidiary
20 Jan 2015 18:42 GMT
New managing director was previously employed as head of OW Bunker's subsidiaries in North America.

Dual-fuel ferry construction under way
20 Jan 2015 13:08 GMT
New vessels will be the first in BC Ferries' fleet to operate as dual-fuel, capable of using liquefied natural gas (LNG) or diesel fuel.

Electric propulsion order for two LNG carriers
20 Jan 2015 12:51 GMT
Vessels are to be used to transport LNG from Louisiana.

Singapore: Full supplier list by volume
20 Jan 2015 11:25 GMT
List of all bunker suppliers by volume sold in 2014.

Rotterdam Market Report
20 Jan 2015 11:12 GMT
Market report from Marine Bunkering (Rotterdam) B.V.

Curoil hires fuel trader
20 Jan 2015 10:53 GMT
Bunker firm expands trading team with the addition of Garrick Stomp.

Global Vision Market Report
20 Jan 2015 10:39 GMT
Market report from Global Vision Bunkers B.V.

Singapore Market Commentary
20 Jan 2015 10:27 GMT
Market commentary from Wired Bunkering.

Market Briefing
20 Jan 2015 09:38 GMT
Mixed data from China this morning (Brent: $48.5)

Praxis Market Update
19 Jan 2015 14:22 GMT
Market update from Praxis Energy Agents S.A.

IBIA to hold regional forum in Gibraltar
19 Jan 2015 14:05 GMT
Event is due to be held on February 24-27.

Global Vision Market Report
19 Jan 2015 13:51 GMT
Market report from Global Vision Bunkers B.V.

Market Briefing
19 Jan 2015 13:42 GMT
Oil prices around $50 on improved consumer sentiment - supply slowdown ahead?

Gulf Petrochem to begin bunker supply operations at Khor Fakkan
19 Jan 2015 12:01 GMT
Company confirms that it also plans to expand its coverage in the Gulf of Khambat.

Dan-Bunkering hires another former OW trader
19 Jan 2015 10:41 GMT
Christian Hedberg Møller joins the company's trading team in Middelfart, Denmark.

Singapore bunker sales fall for third consecutive year
19 Jan 2015 08:48 GMT
Bunker sales in 2014 declined by 265,400 tonnes, or 0.6 percent, compared to the previous year.

Alaska Marine Lines reduces fuel surcharge
19 Jan 2015 07:15 GMT
Fuel surcharge is decreased on shipments to and from Southeast Alaska, Central Alaska and Prince William Sound locations.

Aegean files copy of underwriting agreement
19 Jan 2015 06:07 GMT
45-page document is filed with the U.S. Securities and Exchange Commission (SEC).

Singapore Market Commentary
19 Jan 2015 05:38 GMT
Market commentary from Wired Bunkering.

Joint effort to ensure green coastal shipping in Norway
16 Jan 2015 16:31 GMT
Declaration of cooperation has been signed by 18 organizations together with the Ministry of Trade, Industry and Seafood policy and Ministry of Climate and Environment.

Aloha Marine Lines cuts fuel surcharge
16 Jan 2015 15:15 GMT
Fuel surcharge on shipments to and from Hawaii is reduced from 35.5 to 31.5 percent.

Global Risk Management appoints ex-OW risk management specialists
16 Jan 2015 14:10 GMT
Danish firm opens new office in Copenhagen and employs Serge Laureau and Mark Vinther.

VLGC fitted with exhaust gas cleaning system
16 Jan 2015 11:55 GMT
Dorian LPG vessel is fitted with Clean Marine scrubber technology.

Global Vision Market Report
16 Jan 2015 10:58 GMT
Market report from Global Vision Bunkers B.V.

Rotterdam Market Report
16 Jan 2015 10:45 GMT
Market report from Marine Bunkering (Rotterdam) B.V.

Market Briefing
16 Jan 2015 09:57 GMT
Mixed U.S. data and OPEC monthly report (Brent: $48.5).

Singapore Market Commentary
16 Jan 2015 07:24 GMT
Market commentary from Wired Bunkering.

Skangass commissions LNG bunker vessel
15 Jan 2015 20:02 GMT
Vessel is to operate in Skagerrak, Kattegat and the Baltic Sea.

Aegean files prospectus supplement
15 Jan 2015 19:23 GMT
155-page document is filed with the U.S. Securities and Exchange Commission (SEC).

Shipping firms fined $146,719 for not switching fuels
15 Jan 2015 18:46 GMT
Companies fined for failing to switch to cleaner-burning distillates in Californian waters.

Glander recruits three people from internship program
15 Jan 2015 17:58 GMT
New employees were offered a permanent position as a result of Glander International Bunkering's first internship program.

Singapore Market Commentary
15 Jan 2015 06:38 GMT
Market commentary from Wired Bunkering.

Two fuel-saving dredgers ordered
14 Jan 2015 16:20 GMT
Dutch firm says it paid 'special attention' to the energy efficiency of the vessels during the design phase.

Shippers pay OW fuel bills to avoid detention
14 Jan 2015 15:41 GMT
U.S. court documents are said to show that over $10 million has been paid to cover unpaid bunker bills since November.

Lukoil starts supplying ECA-compliant fuel at Murmansk
14 Jan 2015 14:53 GMT
Russian firm began supplying its new brand of low sulphur marine fuel at the start of January.

NuStar acquires full ownership of New Jersey terminal
14 Jan 2015 09:40 GMT
New York Harbour facility stores fuel oil, jet fuel and gasoline.

Market Briefing
14 Jan 2015 08:35 GMT
Oil prices drop (another) 3 percent (Brent: $45.6).

Singapore Market Commentary
14 Jan 2015 07:10 GMT
Market commentary from Wired Bunkering.

Rolls-Royce propulsion to boost fuel efficiency of Alaska class ferries
13 Jan 2015 17:18 GMT
The Rolls-Royce Promas propulsion system is designed to increase fuel efficiency and enhance manoeuvrability.

Global Vision Market Report
13 Jan 2015 17:00 GMT
Market report from Global Vision Bunkers B.V.

Rotterdam Market Report
13 Jan 2015 16:45 GMT
Market report from Marine Bunkering (Rotterdam) B.V.

Stena ferry set to be world's first methanol-fuelled sea vessel
13 Jan 2015 10:11 GMT
Passenger ferry is to be converted to methanol over a 45-day period from January 28, 2015.

Market Briefing
13 Jan 2015 08:23 GMT
Oil price plunge continues despite improved Chinese data (Brent: $45.6).

Aegean announces proposed offering of $40m of 4.00% convertible senior notes
13 Jan 2015 07:45 GMT
Bunker firm expects to use the proceeds from the sale of the new notes as working capital to fund its expansion into existing and new markets.

Singapore Market Commentary
13 Jan 2015 07:24 GMT
Market commentary from Wired Bunkering.

Rotterdam Market Report
12 Jan 2015 11:57 GMT
Market report from Marine Bunkering (Rotterdam) B.V.

Market Briefing
12 Jan 2015 11:44 GMT
Oil prices start the week with (another) drop (Brent: $48.6).

Fuel siphoning up in Asia, no incidents since October
12 Jan 2015 11:25 GMT
A total of 15 fuel siphoning incidents were reported in Asia in 2014.

OOCL provides low sulphur fuel surcharge update
12 Jan 2015 07:25 GMT
Container shipping firm informs customers about an update to its Asia-Europe low sulphur fuel surcharge information.

Horizon Lines secures emissions control waiver
12 Jan 2015 06:38 GMT
Shipper will be permitted to burn low sulphur fuel oil while it pursues the installation of exhaust gas cleaning systems on its vessels.

Singapore Market Commentary
12 Jan 2015 05:33 GMT
Market commentary from Wired Bunkering.

Pivotal LNG and WesPac Midstream to supply LNG to TOTE containerships
09 Jan 2015 16:16 GMT
New Jacksonville LNG facility is expected to be operational in mid-2016.

Wärtsilä X62 engine fully approved and available to the market
09 Jan 2015 14:14 GMT
Fuel injection system is designed to facilitate high levels of combustion efficiency to provide fuel savings across the entire load range of the engine.

Global Vision Market Report
09 Jan 2015 13:44 GMT
Market report from Global Vision Bunkers B.V.

Praxis Market Update
09 Jan 2015 13:39 GMT
Market update from Praxis Energy Agents S.A.

Rotterdam Market Report
09 Jan 2015 13:38 GMT
Market report from Marine Bunkering (Rotterdam) B.V.

Market Briefing
09 Jan 2015 13:19 GMT
Use of floating storage is increasing - shale oil boom could slow down (Brent: $51).

Singapore Market Commentary
09 Jan 2015 12:31 GMT
Market commentary from Wired Bunkering.

Global Risk Management appoints CFO
09 Jan 2015 12:12 GMT
Niels Hyldegaard Kristensen was previously employed at Jyske Bank.

Aegean to launch bunkering operation in Germany
09 Jan 2015 07:42 GMT
Greek firm assumes contracts for two barges previously under charter to OW Bunker and around 20,000 cubic meters of onshore storage capacity.

2015 oil market report released
08 Jan 2015 15:13 GMT
Oil price report gives overall bearish rating for the first quarter of this year.

Global Vision Market Report
08 Jan 2015 13:13 GMT
Market report from Global Vision Bunkers B.V.

Manufacturer: Why invest in biolubricants when seawater is free?
08 Jan 2015 12:51 GMT
Canadian firm questions the rise of so-called environmentally acceptable lubricants (EALs) in oil-based stern tube seals.

Scrubber technology for Stena Forerunner
08 Jan 2015 12:12 GMT
Two open loop exhaust gas cleaning systems are to be installed on the Stena RoRo vessel in 2015.

Rotterdam Market Report
08 Jan 2015 11:20 GMT
Market report from Marine Bunkering (Rotterdam) B.V.

Market Briefing
08 Jan 2015 11:13 GMT
Unexpected drop in crude oil inventories (Brent: $51).

UniMarine appoints regional sales manager for Asia
08 Jan 2015 10:13 GMT
Alex Yim previously worked for Gulf Oil Marine and Hyundai Merchant Marine.

Singapore Market Commentary
08 Jan 2015 07:22 GMT
Market commentary from Wired Bunkering.

Global Vision Market Report
07 Jan 2015 12:51 GMT
Market report from Global Vision Bunkers B.V.

The average MDO price in 2014 was $873
07 Jan 2015 12:38 GMT
Bunker Index reveals the average marine diesel oil (MDO) price in 2014.

Rotterdam Market Report
07 Jan 2015 11:18 GMT
Market report from Marine Bunkering (Rotterdam) B.V.

The average distillate price in 2014 was $989
07 Jan 2015 11:07 GMT
Bunker Index reveals the average distillate price in 2014.

Market Briefing
07 Jan 2015 10:20 GMT
Oil prices below $50 - another volatile day ahead.

The average MGO price in 2014 was $1000.81
07 Jan 2015 09:40 GMT
Bunker Index reveals the average marine gas oil (MGO) price in 2014.

The average 180 cSt price in 2014 was $621
07 Jan 2015 07:03 GMT
Bunker Index reveals the average 180 cSt bunker price in 2014.

Singapore Market Commentary
07 Jan 2015 06:05 GMT
Market commentary from Wired Bunkering.

The average 380 cSt price in 2014 was $587
06 Jan 2015 15:58 GMT
Bunker Index reveals the average 380 cSt bunker price in 2014.

Praxis Market Update
06 Jan 2015 15:05 GMT
Market update from Praxis Energy Agents S.A.

Global Vision Market Report
06 Jan 2015 14:24 GMT
Market report from Global Vision Bunkers B.V.

Singapore oil spill update
06 Jan 2015 13:35 GMT
Possible sighting of an oil patch off the coast of Tanjong Berakit, north-east of Bintan.

WTI vs BIX price comparison
06 Jan 2015 13:15 GMT
Analysis of WTI crude vs the BIX global bunker price.

Rotterdam Market Report
06 Jan 2015 11:18 GMT
Market report from Marine Bunkering (Rotterdam) B.V.

Updated guidelines for gas-fuelled vessels released
06 Jan 2015 10:55 GMT
Information can be viewed by registering online free of charge.

Market Briefing
06 Jan 2015 10:15 GMT
We are in for another volatile day…(Brent: $52.2).

Singapore Market Commentary
06 Jan 2015 07:03 GMT
Market commentary from Wired Bunkering.

Brent vs BIX price comparison
05 Jan 2015 20:45 GMT
Analysis of Brent crude vs the BIX global bunker price.

Vopak: Cancellation of outstanding financing preference shares effected
05 Jan 2015 20:05 GMT
Cancellation took effect on January 1, 2015.

Shipping must adopt can-do attitude in 2015, says consultancy
05 Jan 2015 15:14 GMT
UK firm says a positive approach will be required to meet the challenges of 2015.

World Fuel Services appoints Jorge L. Benitez to the board of directors
05 Jan 2015 15:05 GMT
Benitez retired from Accenture in August after more than 33 years of service.

Rotterdam Market Report
05 Jan 2015 14:24 GMT
Market report from Marine Bunkering (Rotterdam) B.V.

Global Vision Market Report
05 Jan 2015 13:38 GMT
Market report from Global Vision Bunkers B.V.

Singapore Market Commentary
05 Jan 2015 08:28 GMT
Market commentary from Wired Bunkering.

Market Briefing
05 Jan 2015 08:20 GMT
Supply glut continues – U.S. data disappoints (Brent: $55.4).

Singapore MGO vs ICE Gas Oil
02 Jan 2015 17:41 GMT
Analysis of Singapore marine gas oil (MGO) and ICE Gas Oil prices.

December the most volatile month of 2014
02 Jan 2015 17:14 GMT
Bunker price volatility was at its highest since Bunker Index began publishing volatility data in April 2009.

Lowest monthly global bunker average since February 2010
02 Jan 2015 15:44 GMT
Global bunker average falls for the sixth consecutive month.

Oil tanker and bulk carrier collide in Singapore
02 Jan 2015 13:25 GMT
The cargo tanks of the oil tanker Alyarmouk are said to have sustained damage, resulting in a crude oil spill.

Global Vision Market Report
02 Jan 2015 12:48 GMT
Market report from Global Vision Bunkers B.V.

Rotterdam Market Report
02 Jan 2015 12:32 GMT
Market report from Marine Bunkering (Rotterdam) B.V.

Market Briefing
02 Jan 2015 12:31 GMT
Oil inventories and a row of PMI indices (Brent: $57.3).

Singapore Market Commentary
02 Jan 2015 12:13 GMT
Market commentary from Wired Bunkering Pte. Ltd.



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