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Home » News » News Archive - March 2015


News Archive - March 2015

Praxis Market Update
30 Mar 2015 15:03 GMT
Market update from Praxis Energy Agents S.A.

BIX MGO price summary: week 13
30 Mar 2015 12:35 GMT
A summary of weekly global marine gas oil (MGO) prices.

BIX 180 price summary: week 13
30 Mar 2015 11:41 GMT
A summary of weekly global 180 centistoke (cSt) prices.

BIX 380 price summary: week 13
30 Mar 2015 11:23 GMT
A summary of weekly global 380 centistoke (cSt) prices.

Global Vision Market Report
30 Mar 2015 11:06 GMT
Market report from Global Vision Bunkers B.V.

Rotterdam Market Report
30 Mar 2015 10:55 GMT
Market report from Marine Bunkering (Rotterdam) B.V.

Market Briefing
30 Mar 2015 10:12 GMT
Oil prices lower on Yellen, Iran (Brent: $55.9).

Bunker Index (BIX) price summary: week 13
30 Mar 2015 10:04 GMT
End-of-week global bunker prices rise for the first time since February 27.

Singapore Market Commentary
30 Mar 2015 08:28 GMT
Market commentary from Wired Bunkering.

Carnival's Q1 bunker costs plummet $205 million
27 Mar 2015 17:43 GMT
Carnival spends 39.2 percent less on fuel as company's average purchasing price falls from $654 to $406 per tonne.

Praxis Market Update
27 Mar 2015 13:03 GMT
Market update from Praxis Energy Agents S.A.

Chevron exits Caltex Australia
27 Mar 2015 12:17 GMT
U.S. oil major sells its 50 percent stake in refiner and bunker supplier Caltex Australia Ltd.

FuelTrax developer migrates to Austin data centre
27 Mar 2015 11:21 GMT
Servers and networking equipment have been moved to Data Foundry's data centre in Austin, Texas.

Carnival orders 'the most efficient ships' in its history
27 Mar 2015 10:44 GMT
Nine fuel-efficient vessels ordered by Carnival are scheduled to be completed between 2019 and 2022.

Global Vision Market Report
27 Mar 2015 09:57 GMT
Market report from Global Vision Bunkers B.V.

Rotterdam Market Report
27 Mar 2015 09:50 GMT
Market report from Marine Bunkering (Rotterdam) B.V.

Market Briefing
27 Mar 2015 09:10 GMT
Middle Ease supply disruption fears fade (Brent: $58.3).

Singapore Market Commentary
27 Mar 2015 09:05 GMT
Market commentary from Wired Bunkering.

Total Lubmarine supports marine engineers
26 Mar 2015 19:53 GMT
Lubricant supplier to provide training to over 500 marine engineering students in 2015.

Global Risk Management strengthens back office
26 Mar 2015 14:23 GMT
Lone Pawelczyk previously worked for another USTC group company, shipping.dk.

Brightoil 'has no intention to acquire Noble Group'
26 Mar 2015 13:53 GMT
Brightoil responds to reports suggesting it is interested in acquiring the commodity trading giant.

Rotterdam Market Report
26 Mar 2015 11:43 GMT
Market report from Marine Bunkering (Rotterdam) B.V.

Global Vision Market Report
26 Mar 2015 11:35 GMT
Market report from Global Vision Bunkers B.V.

Puma Energy posts full-year results
26 Mar 2015 10:10 GMT
Trafigura subsidiary reports rise in gross profit, operating profit, turnover and sales volumes. Net profit is down 19 percent.

Market Briefing
26 Mar 2015 09:27 GMT
Oil prices are up on geopolitical tensions in the Middle East (Brent: $58.3).

Singapore Market Commentary
26 Mar 2015 09:07 GMT
Market commentary from Wired Bunkering.

Sobelmar gets US court protection
25 Mar 2015 15:22 GMT
'Business as usual' for Sobelmar as US court issues an order preventing the arrest of its vessels.

Agreement to share LNG-fuelled ship technology
25 Mar 2015 13:03 GMT
DSME and South Korean city in agreement over the transfer of patented LNG-fuelled ship technology.

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

First phase of Port Said storage project to be completed 'within two months'
25 Mar 2015 12:05 GMT
Mashreq Petroleum is also looking for a partner to finance 40 percent of second phase project costs.

Global Vision Market Report
25 Mar 2015 11:10 GMT
Market report from Global Vision Bunkers B.V.

Guidance on LNG bunkering in North America released
25 Mar 2015 10:53 GMT
200-page report is the second edition of the American Bureau of Shipping's guidance on the bunkering of LNG-fuelled ships in North America.

Market Briefing
25 Mar 2015 09:49 GMT
China oil storage and U.S. crude stock build weigh on prices (Brent: $55).

Singapore Market Commentary
25 Mar 2015 09:44 GMT
Market commentary from Wired Bunkering.

Carisbrooke: three months of ECA operation 'without a hitch'
24 Mar 2015 15:00 GMT
UK firm explains that it has faced a number of challenges in preparing for the ECA regulation changes.

Andatee director resigns
24 Mar 2015 14:22 GMT
Chinese bunker supplier confirms the departure of Shao-Hua Chu.

Global Vision Market Report
24 Mar 2015 12:24 GMT
Market report from Global Vision Bunkers B.V.

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

ABB unveils Azipod thruster to growing electric propulsion market
24 Mar 2015 12:02 GMT
The Azipod D is said to combine superior reliability with ease of maintenance, requiring up to 25 percent less installed power.

Market Briefing
24 Mar 2015 09:27 GMT
Oil moves downwards as China data disappoints and Saudi output near all-time high.

Singapore Market Commentary
24 Mar 2015 09:17 GMT
Market commentary from Wired Bunkering.

Bunker-related topics in first 2015 issue of DNV GL magazine
23 Mar 2015 15:14 GMT
Topics include Emission Control Areas (ECAs), efficiency, cost savings and financing retrofits.

Fluxys and Enagas eye LNG projects in Sweden with latest acquisition
23 Mar 2015 14:15 GMT
Fluxys and Enagas seal deal to jointly acquire Swedegas.

Global Vision Market Report
23 Mar 2015 11:52 GMT
Market report from Global Vision Bunkers B.V.

Rotterdam Market Report
23 Mar 2015 11:46 GMT
Market report from Marine Bunkering (Rotterdam) B.V.

Bunker Index (BIX) price summary: week 12
23 Mar 2015 11:29 GMT
Global bunker prices fall for the third week in a row.

Singapore Market Commentary
23 Mar 2015 10:18 GMT
Market commentary from Wired Bunkering.

New fuel-saving LNG carrier designs launched
23 Mar 2015 09:35 GMT
The fuel consumption of two designs is said to be the best in its class.

Market Briefing
23 Mar 2015 09:03 GMT
Saudi Arabia will not walk alone (Brent: $54.5).

Aegean is 'done with capex', plans to shore up balance sheet and raise dividend
20 Mar 2015 15:01 GMT
Bunker firm has no capex plans for the near future, and intends to use additional cash flow to fund working capital and increase the dividend.

Bellona Foundation and Damen to cooperate on low-emission designs
20 Mar 2015 11:52 GMT
Bellona's founder says partnership will provide knowledge that will contribute towards the goal of making ships independent of fossil fuels.

Global Vision Market Report
20 Mar 2015 11:32 GMT
Market report from Global Vision Bunkers B.V.

Rotterdam Market Report
20 Mar 2015 11:25 GMT
Market report from Marine Bunkering (Rotterdam) B.V.

Dan-Bunkering hires accountant in Dubai
20 Mar 2015 11:13 GMT
Director says more administrative staffing was required because 'activities have risen'.

MPA circular on MEPC 67 resolutions
20 Mar 2015 10:11 GMT
Circular informs the shipping community about the resolutions adopted by the Maritime Environment Protection Committee (MEPC).

Market Briefing
20 Mar 2015 09:47 GMT
Strong dollar weighs on oil prices (Brent: $54.1).

Singapore Market Commentary
20 Mar 2015 09:33 GMT
Market commentary from Wired Bunkering.

Electric propulsion for world's largest civilian hospital ship
19 Mar 2015 16:45 GMT
Vessel is to be fitted with two ABB Azipod C propulsion units and is scheduled for delivery in 2017.

Global Vision Market Report
19 Mar 2015 14:44 GMT
Market report from Global Vision Bunkers B.V.

North America's first LNG-powered ferry to be delivered in Canada
19 Mar 2015 14:06 GMT
Vessel features an integrated diesel electric propulsion system, with four power generators that can run on either LNG or marine diesel oil.

Aegean chairman says 'good riddance' to OW Bunker
19 Mar 2015 12:50 GMT
Peter Georgiopoulos says that there has been 'much more rational pricing' since the demise of OW Bunker.

Rotterdam Market Report
19 Mar 2015 11:17 GMT
Market report from Marine Bunkering (Rotterdam) B.V.

Higher margins for Aegean in North America and Northwest Europe
19 Mar 2015 10:57 GMT
Company says it is benefitting from better margins in Emission Control Areas (ECAs) as a result of new legislation.

Market Briefing
19 Mar 2015 09:28 GMT
Oil prices increased sharply yesterday on weaker dollar and market jitters (Brent: $55.3).

Singapore Market Commentary
19 Mar 2015 09:18 GMT
Market commentary from Wired Bunkering.

Aegean provides update on new business operations
18 Mar 2015 16:27 GMT
Bunker firm gives overview of its new operations in the U.S., Germany and Russia, with an update on its storage facility in Fujairah.

Project to develop propulsion products for arctic conditions
18 Mar 2015 12:25 GMT
The Arctic Thruster Ecosystem (ArTEco) project is due to run until 2017.

Rotterdam Market Report
18 Mar 2015 11:41 GMT
Market report from Marine Bunkering (Rotterdam) B.V.

GAC appointed as Thorco's ship agent in Singapore
18 Mar 2015 11:25 GMT
Agreement covers the loading and discharging of breakbulk and heavy lift cargoes at Jurong port.

GIB moves to whole new level...on different floor
18 Mar 2015 10:51 GMT
Glander International Bunkering's Dubai office now occupies the entire 29th floor of the Liwa Heights building.

Global Vision Market Report
18 Mar 2015 10:15 GMT
Market report from Global Vision Bunkers B.V.

Market Briefing
18 Mar 2015 08:59 GMT
Huge crude stock build - will today's data confirm the trend? (Brent: $53.3).

Singapore Market Commentary
18 Mar 2015 08:48 GMT
Market commentary from Wired Bunkering.

Dan-Bunkering hires trader in Singapore
17 Mar 2015 16:31 GMT
Emelia Yusope joins Dan-Bunkering's trading team in Singapore.

U.S. Coast Guard publishes LNG bunkering regulations
17 Mar 2015 14:15 GMT
Policy letters on LNG bunkering, personnel training and waterfront facilities are released.

Couche-Tard buys Shell's marketing operations in Denmark
17 Mar 2015 12:43 GMT
Downstream operations are to be managed by Statoil Fuel and Retail A/S. Oil major seeks buyer for Fredericia refinery.

Global Vision Market Report
17 Mar 2015 11:55 GMT
Market report from Global Vision Bunkers B.V.

Rotterdam Market Report
17 Mar 2015 11:48 GMT
Market report from Marine Bunkering (Rotterdam) B.V.

Market Briefing
17 Mar 2015 11:33 GMT
Another build in oil inventories tonight? (Brent: $53.6).

Aegean: 35% decline in 2014 net income despite record sales volumes
17 Mar 2015 10:48 GMT
Supplier posts a 14 percent rise in sales volumes, but net income fell by $9.47 million to $17.59 million in 2014.

Singapore Market Commentary
17 Mar 2015 07:49 GMT
Market commentary from Wired Bunkering.

GE Marine to propel next generation of MSC cruise ships
16 Mar 2015 11:17 GMT
GE's marine division selected as main partner to lead project to propel next generation of MSC cruise vessels.

Rotterdam Market Report
16 Mar 2015 10:54 GMT
Market report from Marine Bunkering (Rotterdam) B.V.

Wartsila launches Tier III-compliant engine
16 Mar 2015 10:35 GMT
Engine with high-pressure selective catalytic reduction (SCR) system is said to be the first to comply with IMO regulations for nitrogen oxide (NOx) emissions.

Puma Energy confirms acquisition of Murco Oil's UK sites
16 Mar 2015 09:51 GMT
Company to covert Milford Haven site into state-of-the-art storage facility.

Market Briefing
16 Mar 2015 09:02 GMT
Oil prices near one-month low - all eyes on upcoming central bank statement (Brent: $54.1).

Technical trials of LNG Hybrid Barge 'successful'
16 Mar 2015 08:22 GMT
'Bumblebee' set to commence supplying low-emission power to cruise ships at the port of Hamburg in May.

Singapore Market Commentary
16 Mar 2015 07:49 GMT
Market commentary from Wired Bunkering.

Warning: fraudulent attempts to divert funds
13 Mar 2015 14:52 GMT
Shipping firms are warned about attempts to divert funds to fake bank accounts.

Norwegian Oil Trading confirms staff appointments
13 Mar 2015 13:44 GMT
Bunker firm appoints general manager in Singapore, bunker broker and risk manager.

Global Vision Market Report
13 Mar 2015 12:57 GMT
Market report from Global Vision Bunkers B.V.

Rotterdam Market Report
13 Mar 2015 12:53 GMT
Market report from Marine Bunkering (Rotterdam) B.V.

LNG-fuelled OSV in commercial operation for Shell
13 Mar 2015 11:46 GMT
Vessel is to refuel at Harvey Gulf's new LNG bunkering facility at Port Fourchon.

Singapore: lowest bunker sales since June, record volumes for first two months
13 Mar 2015 10:14 GMT
Bunker volumes drop to lowest level in eight months, but sales during the first two months are the highest ever recorded.

Market Briefing
13 Mar 2015 08:45 GMT
All eyes on data this afternoon - volatility ahead (Brent: $56.9).

Singapore Market Commentary
13 Mar 2015 07:48 GMT
Market commentary from Wired Bunkering.

WSS warns of potential problems with ECA-compliant distillates
12 Mar 2015 14:44 GMT
Company's range of fuel oil treatment products has been designed specifically for marine distillate fuels.

Fujairah Oil Terminal inaugurated
12 Mar 2015 12:34 GMT
Facility is said to have a total storage capacity of 1.177 million cubic metres.

Global Vision Market Report
12 Mar 2015 11:13 GMT
Market report from Global Vision Bunkers B.V.

New ferry to be powered by Wartsila dual-fuel engines
12 Mar 2015 11:05 GMT
Engine technology is scheduled be delivered in early 2016.

Dan-Bunkering targets offshore clients with appointment
12 Mar 2015 10:08 GMT
Jarle Aakermann joins Dan-Bunkering's office in Singapore.

Singapore Market Commentary
12 Mar 2015 08:45 GMT
Market commentary from Wired Bunkering.

Market Briefing
12 Mar 2015 08:37 GMT
Oil prices increase despite bearish oil inventory report (Brent: $58.2).

ExxonMobil launches new ECA-compliant fuel
11 Mar 2015 16:10 GMT
Oil major expands product range with Advanced Fuel Marine ECA 200 (AFME 200).

New CEO at state-owned MOBC
11 Mar 2015 13:47 GMT
Prior to his appointment, Joseph Montebello was chief of staff for Malta's Energy Minister.

Global Vision Market Report
11 Mar 2015 12:04 GMT
Market report from Global Vision Bunkers B.V.

Rotterdam Market Report
11 Mar 2015 11:53 GMT
Market report from Marine Bunkering (Rotterdam) B.V.

Multraship to cut fuel costs by 'up to 30%' with hybrid tug
11 Mar 2015 10:43 GMT
Vessel features diesel-direct, diesel-electric and battery-powered propulsion systems.

Market Briefing
11 Mar 2015 08:45 GMT
Surprise draw on oil inventories (Brent: $56.6).

Singapore Market Commentary
11 Mar 2015 08:34 GMT
Market commentary from Wired Bunkering.

Carnival report reveals fuel derivative strategy
10 Mar 2015 16:28 GMT
Report shows that zero cost collars on Brent form the basis of Carnival's derivatives programme.

Praxis Market Update
10 Mar 2015 13:20 GMT
Market update from Praxis Energy Agents S.A.

Global Vision Market Report
10 Mar 2015 11:34 GMT
Market report from Global Vision Bunkers B.V.

Rotterdam Market Report
10 Mar 2015 11:25 GMT
Market report from Marine Bunkering (Rotterdam) B.V.

Keel laying ceremony for LNG-conversion-ready tanker
10 Mar 2015 10:53 GMT
Vessel is one of five LNG-conversion-ready product carriers to be built for American Petroleum Tankers.

Turnkey ro-ro package for dual-fuel ferry
10 Mar 2015 09:56 GMT
Ro-pax ferry is due to operate on the shuttle route between Tallinn and Helsinki.

Glander International Bunkering promotes experienced trader in Dubai
10 Mar 2015 09:19 GMT
Kim Gade is promoted to the role of Senior Bunker/Lubricant Trader and Team Leader.

Market Briefing
10 Mar 2015 08:45 GMT
Oil prices slip on dollar and Libya (Brent: $57.9).

Singapore Market Commentary
10 Mar 2015 08:14 GMT
Market commentary from Wired Bunkering.

Lower bunker costs help raise OOIL profits
09 Mar 2015 15:45 GMT
Hong Kong-based OOIL's annual profits for 2014 were aided in part by a fall in marine fuel expenses.

Dan-Bunkering appoints sales manager in Houston
09 Mar 2015 12:29 GMT
Experienced bunker professional was previously employed as sales manager at O.W. Bunker USA Inc.

Global Vision Bunkers hires trader in Singapore
09 Mar 2015 11:47 GMT
Company says it has strengthened its team for the Korean and Far East Russian markets as a result of the appointment.

Global Vision Market Report
09 Mar 2015 11:29 GMT
Market report from Global Vision Bunkers B.V.

EcoLiner slashes bunker costs by 'up to 25%'
09 Mar 2015 10:40 GMT
Damen claims ship is 'easily the greenest inland shipping vessel in Europe'.

Market Briefing
09 Mar 2015 08:44 GMT
Oil prices slighly lower on improved jobs data (Brent: $59.5).

Singapore Market Commentary
09 Mar 2015 08:35 GMT
Market commentary from Wired Bunkering.

Praxis Market Update
06 Mar 2015 18:08 GMT
Market update from Praxis Energy Agents S.A.

Singapore MGO vs ICE Gas Oil
06 Mar 2015 17:54 GMT
Analysis of Singapore marine gas oil (MGO) and ICE Gas Oil prices in February.

WTI vs BIX price comparison
06 Mar 2015 16:34 GMT
Analysis of WTI crude vs the BIX global bunker price during the month of February.

Svensen: Innovate to stay ahead of the game
06 Mar 2015 15:52 GMT
DNV GL Maritime CEO outlines three priority areas that he says will drive shipping in the decades to come.

Rotterdam Market Report
06 Mar 2015 11:45 GMT
Market report from Marine Bunkering (Rotterdam) B.V.

Global Vision Market Report
06 Mar 2015 11:29 GMT
Market report from Global Vision Bunkers B.V.

New scrubber financing initiative launched
06 Mar 2015 11:05 GMT
Shipowners pay a premium on fuel purchased to repay the cost of installing a scrubber system.

Market Briefing
06 Mar 2015 10:03 GMT
U.S. jobs report, Euro QE and geopolitics spur volatility (Brent: $61.1).

Singapore Market Commentary
06 Mar 2015 09:56 GMT
Market commentary from Wired Bunkering.

Brent vs BIX price comparison
05 Mar 2015 17:21 GMT
Analysis of Brent crude vs the BIX global bunker price in February.

Conrad Industries confirms LNG bunker barge contract
05 Mar 2015 14:49 GMT
Texas-based Conrad Orange Shipyard to build first North American barge capable of fuelling ships with liquefied natural gas.

EU and IACS discuss marine fuels
05 Mar 2015 14:08 GMT
Topics covered in Brussels include LNG marine fuel and emissions regulation.

LNG liquefaction facility opened in Texas
05 Mar 2015 13:57 GMT
100,000-gallon-per-day facility to provide fuel to various industries, including marine.

Weather routing solution could help ships save fuel
04 Mar 2015 12:07 GMT
Newly released service offers a daily forecast that could reduce marine fuel usage in the Arabian Sea and Bay of Bengal.

Global Vision Market Report
04 Mar 2015 11:54 GMT
Market report from Global Vision Bunkers B.V.

Rotterdam Market Report
04 Mar 2015 11:40 GMT
Market report from Marine Bunkering (Rotterdam) B.V.

Dan-Bunkering appoints project manager
04 Mar 2015 11:21 GMT
Jason Tan will be working on strategic planning and sales optimisation at Dan-Bunkering's Singapore office.

WFS: first dividend change in five and a half years
04 Mar 2015 09:54 GMT
Quarterly cash dividend is increased by 60 percent to $0.06 per share.

Market Briefing
04 Mar 2015 08:58 GMT
Sideways trading with intraday volatility (Brent: $60.6).

Singapore Market Commentary
04 Mar 2015 08:55 GMT
Market commentary from Wired Bunkering.

KPI Bridge Oil confirms senior trader promotion
03 Mar 2015 15:10 GMT
Sam Groves is promoted to senior trader following 'six years of consistent commitment and continual strong performance'.

Praxis Market Update
03 Mar 2015 14:45 GMT
Market update from Praxis Energy Agents S.A.

Gulf Petrochem opens London office, hires global head of bunkering
03 Mar 2015 13:33 GMT
Neil Lamerton is tasked with managing the company's existing bunker business and developing new supply locations.

Global Vision Market Report
03 Mar 2015 12:40 GMT
Market report from Global Vision Bunkers B.V.

Rotterdam Market Report
03 Mar 2015 12:33 GMT
Market report from Marine Bunkering (Rotterdam) B.V.

Heavy fuel viscosity meter launched
03 Mar 2015 11:31 GMT
Product is designed to help maximize engine power output irrespective of fuel quality variations, and optimize fuel cut-over times.

Dan-Bunkering appoints bunker purchaser in Dubai
03 Mar 2015 10:25 GMT
Anders Boennelykke has been with the company for seven years.

Market Briefing
03 Mar 2015 08:55 GMT
Nuclear deal speculations and oil stocks weigh on prices (Brent: $60.2).

Singapore Market Commentary
03 Mar 2015 08:44 GMT
Market commentary from Wired Bunkering.

Fifth consecutive month of high price volatility
02 Mar 2015 13:38 GMT
Bunker price volatility remained above $45 for the fifth month in a row in February.

Global Vision Market Report
02 Mar 2015 12:33 GMT
Market report from Global Vision Bunkers B.V.

Rotterdam Market Report
02 Mar 2015 12:23 GMT
Market report from Marine Bunkering (Rotterdam) B.V.

Most significant Rotterdam 380 cSt rise since all-time crude peak in July 2008
02 Mar 2015 11:48 GMT
Rotterdam 380 cSt average rose from its lowest level since March 2009 to record its first increase in eight months.

Singapore's biggest 380 cSt monthly increase in four years
02 Mar 2015 10:54 GMT
First increase in eight months. February was also the third most volatile month for Singapore 380 cSt since May 2012.

Market Briefing
02 Mar 2015 09:19 GMT
First montly oil price gain in 8 months (Brent: $62.1).

Biggest rise in global monthly bunker average since August 2012
02 Mar 2015 09:03 GMT
Bunker Index (BIX) average rose for the first time since June 2014 in February with biggest increase in 30 months.

Singapore Market Commentary
02 Mar 2015 08:17 GMT
Market commentary from Wired Bunkering.



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