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Home » News » News Archive - June 2015


News Archive - June 2015

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

BIX MGO price summary: week 26
29 Jun 2015 09:25 GMT
A summary of weekly global marine gas oil (MGO) prices.

BIX 180 price summary: week 26
29 Jun 2015 08:42 GMT
A summary of weekly global 180 centistoke (cSt) prices.

BIX 380 price summary: week 26
29 Jun 2015 08:24 GMT
A summary of weekly global 380 centistoke (cSt) prices.

Singapore Market Commentary
29 Jun 2015 08:02 GMT
Market commentary from Wired Bunkering.

Market Briefing
29 Jun 2015 07:56 GMT
Greece and Iran remain in focus this week (Brent: $62.3).

Bunker Index (BIX) price summary: week 26
29 Jun 2015 07:34 GMT
Lowest end-of-week figure since April 24 as global bunker prices fall by $9.80 per tonne between June 19 and June 26.

Oil spill response bill rejected in Russia
27 Jun 2016 00:10 GMT
State Duma rejected a bill that would have changed regulations over oil spills in Russian waters.

Praxis Market Update
26 Jun 2015 14:56 GMT
Market update from Praxis Energy Agents S.A.

Time charter agreement for LNG-fuelled vessel
26 Jun 2015 14:43 GMT
Once constructed, gas carrier will be the seventh LNG-fuelled vessel in Anthony Veder's fleet.

Gibraltar report 'did not address LNG bunkering'
26 Jun 2015 12:13 GMT
Gas tank siting report should not be seen as prejudicial to the development of LNG bunkering in Gibraltar, says Lloyd's Register.

Global Vision Market Report
26 Jun 2015 11:21 GMT
Market report from Global Vision Bunkers B.V.

Rotterdam Market Report
26 Jun 2015 10:37 GMT
Market report from Marine Bunkering (Rotterdam) B.V.

Construction of tanker with 'improved fuel efficiency' under way
26 Jun 2015 09:46 GMT
Ship design is said to achieve improved fuel efficiency via a G-series MAN ME slow-speed main engine and an optimized hull form.

Azipod D electric propulsion named Innovation of the Year
26 Jun 2015 08:23 GMT
Award was given at the Electric & Hybrid Marine World Expo in Amsterdam.

Market Briefing
26 Jun 2015 07:08 GMT
Deals and agreements - or the lack of any - dominate the weekend.

Singapore Market Commentary
26 Jun 2015 07:02 GMT
Market commentary from Wired Bunkering.

Additional LNG-fuelled ro-pax ferry ordered
25 Jun 2015 15:57 GMT
Vessel is scheduled for delivery in 2018.

Praxis Market Update
25 Jun 2015 14:15 GMT
Market update from Praxis Energy Agents S.A.

Singapore LNG storage agreement reached
25 Jun 2015 13:40 GMT
Trafigura to use excess capacity within the Singapore LNG terminal on Jurong Island.

Med's first LNG bunkering facility could be completed 'in 18-24 months'
25 Jun 2015 12:18 GMT
Project partners plan to build an LNG bunkering facility in Sardinia.

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

Global Vision Market Report
25 Jun 2015 09:44 GMT
Market report from Global Vision Bunkers B.V.

Surplus Coryton refinery land to be offered for sale
25 Jun 2015 09:01 GMT
Vopak and its partners have concluded that 403 acres of land will not be required and that it is to be offered for sale.

Market Briefing
25 Jun 2015 08:22 GMT
Iran to West: feel free to inspect us... (Brent: $63.6).

Singapore Market Commentary
25 Jun 2015 06:57 GMT
Market commentary from Wired Bunkering.

Contract to supply battery systems for hybrid ferry
24 Jun 2015 14:25 GMT
Li-ion battery systems will be at the heart of the hybrid propulsion system and energy management system for ro-ro ferry.

Praxis Market Update
24 Jun 2015 13:18 GMT
Market update from Praxis Energy Agents S.A.

'Next-generation' vessel named by MSC Cruises
24 Jun 2014 12:58 GMT
Cruise vessel to include propellers and rudders to cut fuel consumption, and scrubbers to reduce emissions.

Eco products chosen for new derrick lay vessel
24 Jun 2015 12:14 GMT
Alfa Laval PureDry, PureBilge and PureBallast are to all be installed aboard the Petrofac JSD6000.

Global Vision Market Report
24 Jun 2015 11:51 GMT
Market report from Global Vision Bunkers B.V.

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

Carnival's bunker costs plummet $194 million in Q2
24 Jun 2015 09:57 GMT
Fuel expenses fall by 36.8% and the average fuel cost per metric tonne is down 37.4% on last year.

Market Briefing
24 Jun 2015 08:20 GMT
Iran warms up for the final sprint (Brent: $64.50).

Singapore Market Commentary
24 Jun 2015 07:54 GMT
Market commentary from Wired Bunkering.

Bahri subsidiary orders fuel management systems for 26 VLCCs
23 Jun 2015 13:18 GMT
Systems are designed to help optimize ship performance and reduce fuel consumption.

Singapore Market Commentary
23 Jun 2015 11:22 GMT
Market commentary from Wired Bunkering.

BIX 180 price summary: week 25
23 Jun 2015 11:04 GMT
A summary of weekly global 180 centistoke (cSt) prices.

Global Vision Market Report
23 Jun 2015 10:37 GMT
Market report from Global Vision Bunkers B.V.

Rotterdam Market Report
23 Jun 2015 10:24 GMT
Market report from Marine Bunkering (Rotterdam) B.V.

GAC joins World Ocean Council
23 Jun 2015 10:02 GMT
Marine services provider joins international alliance for corporate ocean responsibility.

Alfa Laval PureNOx approved for MAN Diesel & Turbo EGR scrubber
23 Jun 2015 08:43 GMT
Exhaust gas recirculation (EGR) scrubber is to be used with MAN's two-stroke marine engines to reduce NOx emissions.

Market Briefing
23 Jun 2015 08:04 GMT
A slow news day ahead (Brent: $63.40).

Global Vision Market Report
22 Jun 2015 09:49 GMT
Market report from Global Vision Bunkers B.V.

Rotterdam Market Report
22 Jun 2015 09:36 GMT
Market report from Marine Bunkering (Rotterdam) B.V.

Global Risk Management reports profit rise
22 Jun 2015 09:12 GMT
Risk management specialist achieves increase in annual profit.

Market Briefing
22 Jun 2015 08:00 GMT
Apparent progress in Greek negotiations (Brent: $63.4).

BIX MGO price summary: week 25
22 Jun 2015 07:39 GMT
A summary of weekly global marine gas oil (MGO) prices.

BIX 380 price summary: week 25
22 Jun 2015 07:15 GMT
A summary of weekly global 380 centistoke (cSt) prices.

Bunker Index (BIX) price summary: week 25
22 Jun 2015 06:52 GMT
Global bunker prices dipped by 0.15 percent during the 7-day period between June 12 and June 19.

Singapore Market Commentary
22 Jun 2015 06:18 GMT
Market commentary from Wired Bunkering.

Monjasa to begin oil trading in London
19 Jun 2015 13:33 GMT
New UK operation is to be headed by former Trafigura trader Harry Thwaites.

Fuel-saving hybrid tug named in Germany
19 Jun 2015 11:15 GMT
KOTUG's RT Emotion was named in Bremerhaven this week.

Global Vision Market Report
19 Jun 2015 10:53 GMT
Market report from Global Vision Bunkers B.V.

Rotterdam Market Report
19 Jun 2015 10:37 GMT
Market report from Marine Bunkering (Rotterdam) B.V.

Researchers test 'whale's tail' to help reduce fuel consumption
19 Jun 2015 08:48 GMT
Wave foil that can be attached to ships to improve fuel efficiency is being tested by researchers in Norway.

Market Briefing
19 Jun 2015 07:12 GMT
Oil prices back to range trading? (Brent: $64.2).

Singapore Market Commentary
19 Jun 2015 06:45 GMT
Market commentary from Wired Bunkering.

US roundtable gathering held to discuss LNG bunkering
18 Jun 2015 13:45 GMT
Industry stakeholders and government officials meet to discuss liquefied natural gas (LNG) as a marine fuel.

Global Vision Market Report
18 Jun 2015 11:42 GMT
Market report from Global Vision Bunkers B.V.

Rotterdam Market Report
18 Jun 2015 11:33 GMT
Market report from Marine Bunkering (Rotterdam) B.V.

Hybrid scrubbers ordered for three container ships
18 Jun 2015 11:13 GMT
Scrubber systems are scheduled for delivery in December 2015.

Cruise ship deal reignites LNG bunkering debate in Gibraltar
18 Jun 2015 10:18 GMT
GSD party's position on LNG bunkering is 'highly detrimental to Gibraltar's economic interests', says local government.

Project to build Southeast Asia's largest oil terminal 'delayed'
18 Jun 2015 08:32 GMT
Source tells Reuters that 'there's not enough demand in the region right now'.

Market Briefing
18 Jun 2015 07:25 GMT
Fed and oil inventories had oil prices spinning (Brent: $63.6).

Singapore Market Commentary
18 Jun 2015 07:03 GMT
Market commentary from Wired Bunkering.

Praxis Market Update
17 Jun 2015 15:01 GMT
Market update from Praxis Energy Agents S.A.

Gulf Petrochem and Repsol in lubricants tie-up
17 Jun 2015 14:44 GMT
GP Petroleums to manufacture and market Repsol's entire line of lubricants as part of its portfolio.

Global Vision Market Report
17 Jun 2015 11:22 GMT
Market report from Global Vision Bunkers B.V.

Rotterdam Market Report
17 Jun 2015 11:13 GMT
Market report from Marine Bunkering (Rotterdam) B.V.

Burgan gets go-ahead to develop Cape Town fuel storage facility
17 Jun 2015 10:48 GMT
Plant is to include 118,000 cubic meters of storage and a 12-metre jetty.

IMO adopts gas and low-flashpoint fuels code
17 Jun 2015 09:12 GMT
Mandatory code for ships fuelled by gases or other low-flashpoint fuels was adopted by IMO's Maritime Safety Committee.

Market Briefing
17 Jun 2015 08:13 GMT
Bill, Fed and the weekly oil inventories (Brent: $63.8).

New staff member at Glander International Bunkering
17 Jun 2015 07:38 GMT
Jake Marcello joins Glander International Bunkering's office in Florida.

Singapore Market Commentary
17 Jun 2015 06:55 GMT
Market commentary from Wired Bunkering.

Agreement to deliver battery system to world's largest electric ferryboat
16 Jun 2015 14:32 GMT
Ferry to be equipped with 4.2 MWh battery system.

Praxis Market Update
16 Jun 2015 13:41 GMT
Market update from Praxis Energy Agents S.A.

Carl Buttner tanker to be equipped with scrubber
16 Jun 2015 13:09 GMT
BNG Scrubber is designed as a hybrid system, which means that both open-loop and closed-loop methods can be used.

Singapore Market Commentary
16 Jun 2015 11:05 GMT
Market commentary from Wired Bunkering.

Rotterdam Market Report
16 Jun 2015 10:58 GMT
Market report from Marine Bunkering (Rotterdam) B.V.

Global Vision Market Report
16 Jun 2015 10:53 GMT
Market report from Global Vision Bunkers B.V.

Bunker sales up as Singapore records second-best May sales figure
16 Jun 2015 10:35 GMT
Accumulated sales for the year so far are 3.2 percent higher than during the corresponding period in 2014.

Contract to build first ever cruise ships powered at sea by LNG
16 Jun 2015 09:15 GMT
Vessels are to be built by Meyer Werft in Germany and Finland.

Market Briefing
16 Jun 2015 08:14 GMT
Bill in a rage (Brent: $64.1).

Praxis Market Update
15 Jun 2015 13:01 GMT
Market update from Praxis Energy Agents S.A.

Global Vision Market Report
15 Jun 2015 11:08 GMT
Market report from Global Vision Bunkers B.V.

Singapore Market Commentary
15 Jun 2015 10:54 GMT
Market commentary from Wired Bunkering.

BIX MGO price summary: week 24
15 Jun 2015 10:40 GMT
A summary of weekly global marine gas oil (MGO) prices.

Bunker firm 'responding' to oil risk with hedging strategies
15 Jun 2015 10:09 GMT
Bunker buyers can 'replace an unknown future fuel price with a more certain outcome', says Geos Group.

BIX 380 price summary: week 24
15 Jun 2015 09:32 GMT
A summary of weekly global 380 centistoke (cSt) prices.

Rotterdam Market Report
15 Jun 2015 09:12 GMT
Market report from Marine Bunkering (Rotterdam) B.V.

Bunker Index (BIX) price summary: week 24
15 Jun 2015 08:49 GMT
Global bunker prices rose by 0.8 percent during the 7-day period between June 5 and June 12.

Market Briefing
15 Jun 2015 08:16 GMT
Oil market starts where it left off: highly volatile (Brent: $64.6).

Global Vision Market Report
12 Jun 2015 12:20 GMT
Market report from Global Vision Bunkers B.V.

Monjasa reports growth in 2014
12 Jun 2015 11:55 GMT
Danish group posted a 16% increase in revenue and a 20% rise in the number of staff last year.

10-year charter signed for refuelling vessel
12 Jun 2015 10:37 GMT
Z Energy signs 10-year deal for the bunker delivery vessel Awanuia.

Rotterdam Market Report
12 Jun 2015 10:18 GMT
Market report from Marine Bunkering (Rotterdam) B.V.

Bunker Index (BIX) statistical summary
12 Jun 2015 09:17 GMT
Key monthly Bunker Index (BIX) data provided in price summary.

Market Briefing
12 Jun 2015 07:56 GMT
Strong dollar, Saudi Arabia ready to ramp up production (Brent: $64.8).

Singapore Market Commentary
12 Jun 2015 06:35 GMT
Market commentary from Wired Bunkering.

Praxis Market Update
11 Jun 2015 15:35 GMT
Market update from Praxis Energy Agents S.A.

Fleet management solution to tap into 'world's largest fuel sampling database'
11 Jun 2015 15:15 GMT
Move is designed to help shipping firms make more informed decisions in order to improve fleet performance.

'Most efficient LNG ship on the water' is launched
11 Jun 2015 13:37 GMT
Fuel-saving Creole Spirit is expected to enter into service in early 2016.

Global Vision Market Report
11 Jun 2015 10:49 GMT
Market report from Global Vision Bunkers B.V.

Global Risk Management expands sales team
11 Jun 2015 10:25 GMT
New oil risk manager Frank Lausen joins the company's head office in Middelfart, Denmark.

Market Briefing
11 Jun 2015 09:05 GMT
Larger-than-expected draws in crude and gasoline inventories (Brent: $65.6).

Scrubber installed aboard M/V Bore Song
11 Jun 2015 08:07 GMT
Scrubber system allows both open and closed loop operation.

Singapore Market Commentary
11 Jun 2015 06:51 GMT
Market commentary from Wired Bunkering.

Praxis Market Update
10 Jun 2015 14:28 GMT
Market update from Praxis Energy Agents S.A.

Vopak sells terminals in Sweden
10 Jun 2015 14:05 GMT
Firm says divestment is in accordance with the changing energy and petrochemical landscape and the continuing economic shift from West to East.

Russian trader rejoins Dan-Bunkering
10 Jun 2015 11:12 GMT
Elena Hauser returns to Danish firm to work as Russian market specialist.

Global Vision Market Report
10 Jun 2015 10:30 GMT
Market report from Global Vision Bunkers B.V.

Rotterdam Market Report
10 Jun 2015 10:18 GMT
Market report from Marine Bunkering (Rotterdam) B.V.

Dowell Lin advances with Glander International Bunkering
10 Jun 2015 09:03 GMT
Employee is promoted to Senior Bunker/Lubricant Trader and Team Leader.

Market Briefing
10 Jun 2015 08:26 GMT
Huge crude oil stock draw and increased demand outlook driving prices up (Brent: $65.7).

Electric system supplier for world's largest fully electric ferryboat is named
10 Jun 2015 08:04 GMT
Ferry is scheduled to be launched in June 2017.

Singapore Market Commentary
10 Jun 2015 06:48 GMT
Market commentary from Wired Bunkering.

LNG bunkering advisory published
09 Jun 2015 13:44 GMT
Advisory looks at the benefits, challenges and solutions associated with fuelling ships equipped with LNG power systems.

Global Vision Market Report
09 Jun 2015 11:46 GMT
Market report from Global Vision Bunkers B.V.

First LNG bunkering station in Nordics 'a success'
09 Jun 2015 11:03 GMT
New shore-to-ship bunkering station in Norway is 'open and operating successfully', says Skangas.

Glander International Bunkering announces Mumbai promotion
09 Jun 2015 09:34 GMT
Piyush Raghuvanshi is promoted to the role of Senior Bunker/Lubricant Trader and Team Leader.

Rotterdam Market Report
09 Jun 2015 08:49 GMT
Market report from Marine Bunkering (Rotterdam) B.V.

Market Briefing
09 Jun 2015 08:36 GMT
Oil inches up on China, shale oil (Brent: $62.9).

World Fuel Services announces train crash settlement
09 Jun 2015 08:11 GMT
Company says it will contribute $110 million to a fund to compensate parties who suffered losses as a result of the 2013 Quebec derailment.

Singapore Market Commentary
09 Jun 2015 07:54 GMT
Market commentary from Wired Bunkering.

Bunker Index (BIX) price summary: week 23
08 Jun 2015 11:47 GMT
Global bunker prices fell by 0.5 percent during the 7-day period between May 29 and June 5.

Singapore MGO vs ICE Gas Oil
08 Jun 2015 10:43 GMT
Analysis of Singapore marine gas oil (MGO) and ICE Gas Oil prices in May.

Global Vision Market Report
08 Jun 2015 09:56 GMT
Market report from Global Vision Bunkers B.V.

Rotterdam Market Report
08 Jun 2015 09:45 GMT
Market report from Marine Bunkering (Rotterdam) B.V.

WTI vs BIX price comparison
08 Jun 2015 09:24 GMT
Analysis of WTI crude vs the BIX global bunker price during the month of May.

Brent vs BIX price comparison
08 Jun 2015 08:36 GMT
Analysis of Brent crude vs the BIX global bunker price in May.

Market Briefing
08 Jun 2015 08:03 GMT
OPEC, job report and another decline in rigs (Brent: $63.3).

Singapore Market Commentary
08 Jun 2015 07:57 GMT
Market commentary from Wired Bunkering.

Global Vision Market Report
05 Jun 2015 10:32 GMT
Market report from Global Vision Bunkers B.V.

Rotterdam Market Report
05 Jun 2015 10:23 GMT
Market report from Marine Bunkering (Rotterdam) B.V.

'Fuel Trilemma' paper released
05 Jun 2015 08:29 GMT
Position paper analyzes the affordability, sustainability, safety and reliability of future fuels.

Directors elected at World Fuel Services AGM
05 Jun 2015 07:23 GMT
Nine directors are elected for one-year terms at annual meeting of shareholders.

Awards for firms using low-sulphur fuels 'beyond the required levels'
05 Jun 2015 06:26 GMT
Princess Cruises, Celebrity Cruises, COSCO Container Line, Maersk Line and Royal Caribbean are named amongst the winners.

Shipping faces increased exposure from failure to manage risk, says UK firm
05 Jun 2015 05:46 GMT
Firms that fail to embed effective risk management procedures are likely to pay a high price, says Moore Stephens.

Singapore Market Commentary
05 Jun 2015 05:15 GMT
Market commentary from Wired Bunkering.

Approval in principle for LNG-fuelled bulk carrier design
04 Jun 2015 13:52 GMT
LNG-fuelled Kamsarmax bulk carrier design gets go-ahead from DNV GL.

Rolls-Royce gas engines reach 25 million operating hours
04 Jun 2015 10:35 GMT
Engines powered solely by LNG have completed 25 million hours of operation since their introduction in 1991.

Rotterdam Market Report
04 Jun 2015 10:20 GMT
Market report from Marine Bunkering (Rotterdam) B.V.

Global Vision Market Report
04 Jun 2015 10:15 GMT
Market report from Global Vision Bunkers B.V.

Rotterdam court can now order ship arrests throughout the EU
04 Jun 2015 10:02 GMT
New regulation effectively means the EU is now a ship arrest haven for those initiating action through the Rotterdam court, says law firm.

Hull performance tie-up designed to help cut fuel costs
04 Jun 2015 09:07 GMT
Cooperation agreement to work on improving hull performance.

Market Briefing
04 Jun 2015 07:47 GMT
Oil price drop despite lower crude oil inventories (Brent: $63.5).

Singapore Market Commentary
04 Jun 2015 07:42 GMT
Market commentary from Wired Bunkering.

Rotterdam Market Report
03 Jun 2015 11:09 GMT
Market report from Marine Bunkering (Rotterdam) B.V.

Wartsila 31 engine: a 'breakthrough' in fuel efficiency
03 Jun 2015 10:51 GMT
New engine is said to raise fuel efficiency, fuel flexibility, and operational optimization to 'totally new levels'.

SkyBench concept for mega box ships gets approval in principle
03 Jun 2015 09:57 GMT
Potential to offset reduced cargo capacity when choosing LNG as ship fuel means that a tailored design to meet future sulphur emission limits can be offered, says DNV GL.

Flexibility the key to future-proof vessels against bunker price volatility
03 Jun 2015 09:04 GMT
Transformative, flexible technologies are key to future-proof vessels against volatile fuel prices and freight rates, says ABB.

Market Briefing
03 Jun 2015 08:04 GMT
Oil stock data; OPEC weigh on prices (Brent: $65.1).

Glander International Bunkering appoints trader in Singapore
03 Jun 2015 07:37 GMT
Kenneth Lim is the second person this week to be named as new employee at the company's Singapore office.

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

New ship designs feature 'exceptionally low and best-in-class fuel consumption'
02 Jun 2015 15:20 GMT
Vessel designs are based on the concept of achieving optimal fuel efficiency.

Solar solutions cleared for commercial release
02 Jun 2015 12:19 GMT
Go-ahead follows completion of sea trials onboard a vessel operated by Blue Star Ferries.

Global Vision Market Report
02 Jun 2015 11:52 GMT
Market report from Global Vision Bunkers B.V.

Rotterdam Market Report
02 Jun 2015 11:38 GMT
Market report from Marine Bunkering (Rotterdam) B.V.

Glander International Bunkering hires trader in Singapore
02 Jun 2015 11:19 GMT
Trader previously worked for a Singapore-based physical supplier.

World Fuel Services renews share repurchase program
02 Jun 2015 10:24 GMT
Share repurchase program authorizes the purchase of up to $100 million in common stock.

Market Briefing
02 Jun 2015 08:26 GMT
Oil prices inching upwards (Brent: $65.3).

Singapore Market Commentary
02 Jun 2015 08:16 GMT
Market commentary from Wired Bunkering.

Bunker price volatility drops to lowest level since August
01 Jun 2015 11:43 GMT
Price volatility fell for the third consecutive month in May.

DNV GL sees hybrid propulsion as emerging trend
01 Jun 2015 10:58 GMT
Number of hybrid vessels in operation could rise to 100 by 2020, says CEO of DNV Maritime.

Rotterdam Market Report
01 Jun 2015 10:29 GMT
Market report from Marine Bunkering (Rotterdam) B.V.

Global Vision Market Report
01 Jun 2015 10:19 GMT
Market report from Global Vision Bunkers B.V.

Biggest jump in monthly global bunker average since August 2012
01 Jun 2015 09:56 GMT
Bunker Index (BIX) average rose by $30.94 per tonne during the month of May.

Cruise ship supplied for the first time with low-emission electricity from LNG
01 Jun 2015 08:39 GMT
LNG Hybrid Barge supplied AIDA Cruises vessel on May 30.

Market Briefing
01 Jun 2015 08:01 GMT
Oil prices up on fears of shale oil production slowdown (Brent: $64.8).



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