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Home » News » News Archive - January 2016


News Archive - January 2016

Oil and fuel oil hedging market update
30 Jan 2017 09:28 GMT
By the Oil Desk at Freight Investor Services.

Praxis Market Update
29 Jan 2016 13:37 GMT
Market update from Praxis Energy Agents S.A.

Rotterdam Market Report
29 Jan 2016 12:22 GMT
Market report from Marine Bunkering (Rotterdam) B.V.

Global Vision Market Report
29 Jan 2016 12:17 GMT
Market report from Global Vision Bunkers B.V.

Singapore 380 cSt average hits new low in January
29 Jan 2016 11:54 GMT
380 cSt average fell for the third consecutive month at the world's leading bunker port.

Fujairah 380 cSt up $20 in week 4
29 Jan 2016 11:22 GMT
A summary of weekly Fujairah 380 centistoke (cSt) prices.

Fujairah records sub-$150 380 cSt average in January
29 Jan 2016 10:58 GMT
380 cSt average falls for the third consecutive month at the Middle East's leading bunker port.

Fuel-saving rotor sail business gets EUR 3m funding
29 Jan 2016 10:23 GMT
Norsepower says analytics and third-party verification has helped it evolve its rotor sail from an innovative system for trial to a marketable technology.

Market Briefing
29 Jan 2016 09:15 GMT
Potential output cut agreement supports prices.

Singapore Market Commentary
29 Jan 2016 09:09 GMT
Market commentary from Wired Bunkering.

Praxis Market Update
28 Jan 2016 14:41 GMT
Market update from Praxis Energy Agents S.A.

100th 34DF engine to be delivered in early 2016
28 Jan 2016 13:41 GMT
Dual-fuel engine is able to operate on either liquefied natural gas (LNG) or conventional diesel fuels.

Global Vision Market Report
28 Jan 2016 12:25 GMT
Market report from Global Vision Bunkers B.V.

'Most powerful LNG carrier in the world' launched
28 Jan 2016 11:53 GMT
ABB's Azipod propulsion units will be used to power the vessel through the arctic conditions.

Rotterdam Market Report
28 Jan 2016 11:15 GMT
Market report from Marine Bunkering (Rotterdam) B.V.

Keppel and BG Group win licence to supply LNG ship fuel in Singapore
28 Jan 2016 11:10 GMT
First delivery of LNG bunker fuel expected to commence in 2017.

Market Briefing
28 Jan 2016 10:31 GMT
Crude inventories at all-time high (Brent: $33).

Seattle to establish Energy and Sustainability Policy Committee
28 Jan 2016 10:13 GMT
Committee set up to develop and propose new environmental initiatives.

Singapore Market Commentary
28 Jan 2016 08:35 GMT
Market commentary from Wired Bunkering.

Praxis Market Update
27 Jan 2016 14:00 GMT
Market update from Praxis Energy Agents S.A.

Former OW Bunker trader joins Mercatus Energy Advisors
27 Jan 2016 13:39 GMT
Morten Elgkjaer is named Vice President of the company in Europe, the Middle East and Africa (EMEA).

Eco Marine Power signs agreement with Jastram Technologies
27 Jan 2016 11:57 GMT
Companies to cooperate in introducing products and services to the Canadian maritime industry.

Global Vision Market Report
27 Jan 2016 11:43 GMT
Market report from Global Vision Bunkers B.V.

Rotterdam Market Report
27 Jan 2016 11:35 GMT
Market report from Marine Bunkering (Rotterdam) B.V.

KPI Bridge Oil launches brand refresh campaign
27 Jan 2016 10:31 GMT
Refreshed brand delivers the company's new tagline 'responsive maritime partners'.

Market Briefing
27 Jan 2016 09:57 GMT
Fed, oil inventory data ahead (Brent: $31.8).

Singapore Market Commentary
27 Jan 2016 09:48 GMT
Market commentary from Wired Bunkering.

Global Vision Market Report
26 Jan 2016 11:37 GMT
Market report from Global Vision Bunkers B.V.

Rotterdam Market Report
26 Jan 2016 11:31 GMT
Market report from Marine Bunkering (Rotterdam) B.V.

EU approves draft rules 'to improve the transparency of public funding'
26 Jan 2016 11:15 GMT
But Transport Committee rejects proposed EU-wide free market access rule for suppliers of port services such as bunkering.

Market Briefing
26 Jan 2016 09:57 GMT
The blip went away - oil prices back below $30.

Sener designs LNG bunkering vessel
26 Jan 2016 09:21 GMT
Ship-to-ship LNG bunkering vessel has IMO type C LNG cargo tanks.

Agreement to develop world's first marine wireless charging and mooring concept
26 Jan 2016 08:13 GMT
Integrated wireless charging and mooring concept is to be developed by Wartsila and Cavotec.

Cockett Marine Oil hires ex-Royal Caribbean bunker buyer
26 Jan 2016 07:35 GMT
Frank Ray joins Cockett's trading team in Florida.

Singapore Market Commentary
26 Jan 2016 06:40 GMT
Market commentary from Wired Bunkering.

Global Vision Market Report
25 Jan 2016 13:13 GMT
Market report from Global Vision Bunkers B.V.

Rotterdam Market Report
25 Jan 2016 12:58 GMT
Market report from Marine Bunkering (Rotterdam) B.V.

Market Briefing
25 Jan 2016 10:25 GMT
A market blip or more sustainable oil price increase?

World's second LNG-powered containership delivered two months ahead of schedule
25 Jan 2016 10:13 GMT
Perla Del Caribe is the sister ship of the world's first LNG-fuelled containership, the Isla Bella.

LNG-fuelled fast ferry to be named Megastar
25 Jan 2016 08:56 GMT
LNG-powered ferry is to carry out shuttle operations between Tallinn and Helsinki.

IBIA names regional manager in Asia
25 Jan 2016 08:05 GMT
Simon Neo has over 30 years of oil and shipping industry experience.

Gulf Petrochem launches $50m tender for Fujairah terminal expansion
25 Jan 2016 07:06 GMT
EPC tender is expected to go out to market next week, with the project set to start in April 2016.

Singapore Market Commentary
25 Jan 2016 06:41 GMT
Market commentary from Wired Bunkering.

Singapore 380 cSt weekly price summary
22 Jan 2016 11:55 GMT
A summary of weekly Singapore 380 centistoke (cSt) prices.

Global Vision Market Report
22 Jan 2016 11:33 GMT
Market report from Global Vision Bunkers B.V.

Rotterdam Market Report
22 Jan 2016 10:52 GMT
Market report from Marine Bunkering (Rotterdam) B.V.

IBIA elections under way
22 Jan 2016 10:27 GMT
There are currently three vacancies for the term of office starting April 1, 2016.

Monjasa focused on growth in Latin America
22 Jan 2016 09:27 GMT
Bunker company comments on its operations in Mexico, Colombia and Panama.

Market Briefing
22 Jan 2016 08:44 GMT
Have oil prices hit rock bottom?

Yangtze River Delta to implement 0.5% sulphur directive in April
22 Jan 2016 08:16 GMT
Ships docking at Yangtze River Delta ports will be required to use fuel with a sulphur content of less than 0.5%.

Singapore Market Commentary
22 Jan 2016 06:42 GMT
Market commentary from Wired Bunkering.

Record figures for Antwerp in 2015
21 Jan 2016 15:45 GMT
Freight volume handled rose above 200 million tonnes. The number of calls by seagoing ships was up 2.9 percent.

Praxis Market Update
21 Jan 2016 15:08 GMT
Market update from Praxis Energy Agents S.A.

Global Vision Market Report
21 Jan 2016 12:55 GMT
Market report from Global Vision Bunkers B.V.

New Chinese licensee for MAN B&W two-stroke engines
21 Jan 2016 12:07 GMT
Engine builder Yuchai Marine Power has production facilities in south-east China.

Rotterdam Market Report
21 Jan 2016 11:35 GMT
Market report from Marine Bunkering (Rotterdam) B.V.

Maersk Line in pact to reduce CO2 emissions
21 Jan 2016 10:54 GMT
Maersk Line and Borouge sign agreement to cut the CO2 emissions of their shipments by 15 percent.

Aegean to launch Rio-based bunker operation
21 Jan 2016 09:23 GMT
Bunker firm expands into the South American market. New operation set to commence in Q1 2016.

Market Briefing
21 Jan 2016 08:54 GMT
Huge builds in U.S. oil stocks - volatility ahead of EIA inventory report (Brent: $27.5).

Singapore Market Commentary
21 Jan 2016 08:43 GMT
Market commentary from Wired Bunkering.

'Vastly improved' specs for lithium ion battery systems
20 Jan 2016 19:58 GMT
The Corvus module will now be designated as AT6700 to reflect the validated energy capacity of 6.7kWh.

Busan confident of reaching 20 million TEU throughput in 2016
20 Jan 2016 17:59 GMT
South Korea's leading bunker port forecasts 2.8 percent increase in TEU throughput this year.

Wartsila 20DF engine attains milestone 100 deliveries
20 Jan 2016 17:41 GMT
The 100th Wartsila 20DF dual-fuel engine is to be delivered this month.

Market Briefing
20 Jan 2016 10:52 GMT
Bearish mood continues (Brent: $28.0).

GAC forms dedicated team to serve LNG sector
20 Jan 2016 09:30 GMT
Decision to form LNG team was made in response to the recent surge in global production, company says.

Singapore Market Commentary
20 Jan 2016 09:14 GMT
Market commentary from Wired Bunkering.

Praxis Market Update
19 Jan 2016 16:15 GMT
Market update from Praxis Energy Agents S.A.

Project to design 'the LNG ship of the future'
19 Jan 2016 14:51 GMT
Final vessel design is expected to cut fuel costs by 3 to 5 percent.

Study reveals turbocharger fuel savings
19 Jan 2016 12:37 GMT
Improved efficiency led to a reduction of $470,000 in the annual fuel bill, says latest study.

Contract to design fuel-saving krill fishing factory vessel
19 Jan 2016 11:51 GMT
World's largest krill fishing factory vessel is to operate in the Antarctic.

Rotterdam Market Report
19 Jan 2016 11:47 GMT
Market report from Marine Bunkering (Rotterdam) B.V.

Global Vision Market Report
19 Jan 2016 11:43 GMT
Market report from Global Vision Bunkers B.V.

Cockett Marine Oil appoints trader in Rotterdam
19 Jan 2016 11:23 GMT
Experienced trader Arthur Janssen joins Cockett's trading team in the Netherlands.

Market Briefing
19 Jan 2016 09:46 GMT
China China China (Brent: $29.3).

Singapore Market Commentary
19 Jan 2016 09:33 GMT
Market commentary from Wired Bunkering.

Rotterdam Market Report
18 Jan 2016 11:47 GMT
Market report from Marine Bunkering (Rotterdam) B.V.

BIX 380 price summary: week 2
18 Jan 2016 11:35 GMT
A summary of weekly global 380 centistoke (cSt) prices.

Global Vision Market Report
18 Jan 2016 10:55 GMT
Market report from Global Vision Bunkers B.V.

2016 oil market report released
18 Jan 2016 10:33 GMT
Oil price report gives slightly bullish rating for the first quarter of this year.

Bunker Index (BIX) price summary: week 2
18 Jan 2016 10:08 GMT
A summary of global bunker prices in week 2.

Market Briefing
18 Jan 2016 09:26 GMT
Iran Iran Iran (Brent: $28.1).

Singapore Market Commentary
18 Jan 2016 09:17 GMT
Market commentary from Wired Bunkering.

New AOH number for Petrobras
18 Jan 2016 08:57 GMT
Bunker supplier changes its after office hours (AOH) number in Rio de Janeiro.

Praxis Market Update
15 Jan 2016 16:27 GMT
Market update from Praxis Energy Agents S.A.

GACtrack upgrade for ship agency customers
15 Jan 2016 16:10 GMT
GACtrack add-on is designed to provide more job transparency and greater job control to ship agency customers.

Fujairah 380 cSt weekly price summary
15 Jan 2016 13:19 GMT
A summary of weekly Fujairah 380 centistoke (cSt) prices.

Singapore 380 cSt weekly price summary
15 Jan 2016 12:44 GMT
A summary of weekly Singapore 380 centistoke (cSt) prices.

Global Vision Market Report
15 Jan 2016 12:12 GMT
Market report from Global Vision Bunkers B.V.

Rotterdam Market Report
15 Jan 2016 11:56 GMT
Market report from Marine Bunkering (Rotterdam) B.V.

Eng Hua overtakes the most competitors in 2015
15 Jan 2016 11:13 GMT
Company rises up Singapore's ranking of suppliers by volume sold.

Market Briefing
15 Jan 2016 09:27 GMT
Sanctions on Iran and U.S. data coming up (Brent: $29.8).

Singapore Market Commentary
15 Jan 2016 09:19 GMT
Market commentary from Wired Bunkering.

New ferry concept consumes no fuel in 'plug-in' mode
14 Jan 2016 14:46 GMT
Ferry is designed to run entirely on batteries or in a battery-engine hybrid configuration with LNG or biofuel.

IMO energy-efficiency project gets green light
14 Jan 2016 13:32 GMT
Network of regional maritime technology cooperation centres to be established through EUR 10 million funding contribution.

Global Vision Market Report
14 Jan 2016 11:53 GMT
Market report from Global Vision Bunkers B.V.

Rotterdam Market Report
14 Jan 2016 11:42 GMT
Market report from Marine Bunkering (Rotterdam) B.V.

Singapore: Full supplier list by volume
14 Jan 2016 11:16 GMT
List of all bunker suppliers by volume sold in 2015.

Chemoil named Singapore's top supplier by volume in 2015
14 Jan 2016 10:55 GMT
List of the top 20 bunker suppliers at the world's leading bunker port are revealed.

Market Briefing
14 Jan 2016 09:04 GMT
Oil prices jigging around $30 on inventories and Iran.

Singapore Market Commentary
14 Jan 2016 08:53 GMT
Market commentary from Wired Bunkering.

MPA introduces additional port dues concession for container vessels
13 Jan 2016 16:08 GMT
New concession comes as Singapore reports a decline in container and cargo throughput in 2015.

Praxis Market Update
13 Jan 2016 14:35 GMT
Market update from Praxis Energy Agents S.A.

Singapore sells over 45m tonnes of bunker fuel in 2015
13 Jan 2016 14:19 GMT
Annual sales rise for first time since 2011 as world's leading bunker port achieves new record.

Hapag-Lloyd BAF down 50% since July
13 Jan 2016 12:41 GMT
North East Asia to Australia surcharge is revised downwards again by Europe's fourth-largest container shipping line.

Global Vision Market Report
13 Jan 2016 12:15 GMT
Market report from Global Vision Bunkers B.V.

Rotterdam Market Report
13 Jan 2016 12:07 GMT
Market report from Marine Bunkering (Rotterdam) B.V.

Skangas bunkers world's first LNG-powered cement tanker
13 Jan 2016 10:51 GMT
M.V. Greenland is the first ever dry cargo vessel to be fitted with an LNG-fuelled propulsion system.

Market Briefing
13 Jan 2016 09:24 GMT
Oil prices steady after intraday volatility (Brent: $31.5).

Singapore Market Commentary
13 Jan 2016 09:13 GMT
Market commentary from Wired Bunkering.

Nobu Su confirms registration of Hybrid Ship and Mahoubin Bottle Shape LNG Tank patents
12 Jan 2016 14:44 GMT
Combination of hybrid propulsion technology and new LNG containment system are set to make hybrid ice-class LNG ships 'the answer' to global warming issue, says TMT.

Global Vision Market Report
12 Jan 2016 13:41 GMT
Market report from Global Vision Bunkers B.V.

Ferry operator wins award for solar panel project
12 Jan 2016 12:11 GMT
Project involves the implementation and operation of a solar photovoltaic unit on board the Blue Star Delos.

New data gathering system for ECA compliance
12 Jan 2016 11:13 GMT
Control unit collates data from scrubbers and continuous emissions monitoring systems.

Double appointment for Cockett Marine Oil in Singapore
12 Jan 2016 10:41 GMT
Bunker company hires two experienced traders to strengthen its team in the Asian city-state.

Rotterdam Market Report
12 Jan 2016 10:27 GMT
Market report from Marine Bunkering (Rotterdam) B.V.

Market Briefing
12 Jan 2016 10:13 GMT
Oil price drop continues on strong dollar and Chinese economic turmoil.

Singapore Market Commentary
12 Jan 2016 09:24 GMT
Market commentary from Wired Bunkering.

Second eco-design ship delivered to Pioneer Marine
11 Jan 2016 14:12 GMT
Ship's fuel consumption is said to be around 6 tonnes per day lower than non-eco vessels.

Rotterdam Market Report
11 Jan 2016 12:03 GMT
Market report from Marine Bunkering (Rotterdam) B.V.

New rule set class contract for LNG-fuelled bulkers
11 Jan 2016 10:41 GMT
New vessels will be the first large LNG-fuelled bulkers and the first constructed to the new DNV GL rule set.

WTI vs BIX price comparison
11 Jan 2016 10:40 GMT
Analysis of WTI crude vs the BIX global bunker price during the month of December.

Brent vs BIX price comparison
11 Jan 2016 10:03 GMT
Analysis of Brent crude vs the BIX global bunker price in December.

Market Briefing
11 Jan 2016 09:08 GMT
Outlook of Chinese growth slowdown drives oil prices lower (Brent: $33.1).

Singapore Market Commentary
11 Jan 2016 08:51 GMT
Market commentary from Wired Bunkering.

380 cSt fell the most in Suez, Panama and Houston in 2015
08 Jan 2016 17:53 GMT
380 cSt prices in the ARA region were also over 50 percent lower in 2015.

Third day of sub-$130 quotes in Rotterdam
08 Jan 2016 13:43 GMT
A summary of weekly Rotterdam 380 centistoke (cSt) prices.

Fujairah 380 cSt weekly price summary
08 Jan 2016 13:27 GMT
A summary of weekly Fujairah 380 centistoke (cSt) prices.

Singapore 380 cSt weekly price summary
08 Jan 2016 13:15 GMT
A summary of weekly Singapore 380 centistoke (cSt) prices.

Global Vision Market Report
08 Jan 2016 12:39 GMT
Market report from Global Vision Bunkers B.V.

Rotterdam Market Report
08 Jan 2016 12:21 GMT
Market report from Marine Bunkering (Rotterdam) B.V.

Market Briefing
08 Jan 2016 09:28 GMT
Fragile oil price recovery (Brent: $34.6).

Singapore Market Commentary
08 Jan 2016 09:23 GMT
Market commentary from Wired Bunkering.

Turkish supplier reports 38% growth in 2015
07 Jan 2016 17:20 GMT
Energy Petrol says year-on-year sales volumes almost doubled last month.

Hapag-Lloyd revises bunker charges for Asia and Oceania
07 Jan 2016 12:55 GMT
Surcharges are effective from February 1.

Global Vision Market Report
07 Jan 2016 12:29 GMT
Market report from Global Vision Bunkers B.V.

AIP to establish oil residue recycling plant in Abidjan
07 Jan 2016 11:05 GMT
Port authority agrees to provide Ecoslops with five hectares of land within the port boundaries.

Rotterdam Market Report
07 Jan 2016 10:06 GMT
Market report from Marine Bunkering (Rotterdam) B.V.

Moore Stephens: 'Shipping will remain volatile and indispensable in 2016'
07 Jan 2016 09:46 GMT
Uk firm says now is a good time to invest for companies with access to finance and a credible business plan.

Market Briefing
07 Jan 2016 09:25 GMT
Oil prices at 11-year low on stockpiles and Chinese devaluation.

Singapore Market Commentary
07 Jan 2016 09:16 GMT
Market commentary from Wired Bunkering.

Singapore MGO vs ICE Gas Oil in December
06 Jan 2016 15:41 GMT
Analysis of Singapore marine gas oil (MGO) and ICE Gas Oil prices in December.

Fujairah records sub-$180 380 cSt average in December
06 Jan 2016 14:55 GMT
380 cSt average falls for the second consecutive month at the Middle East's leading bunker port.

Praxis Market Update
06 Jan 2016 14:31 GMT
Market update from Praxis Energy Agents S.A.

Singapore 380 cSt average hits new low in December
06 Jan 2016 14:12 GMT
380 cSt average fell for the second consecutive month at the world's leading bunker port.

Bunker price volatility climbs for third month
06 Jan 2016 12:27 GMT
December recorded the highest volatility level since August.

Rotterdam Market Report
06 Jan 2016 12:07 GMT
Market report from Marine Bunkering (Rotterdam) B.V.

Market Briefing
06 Jan 2016 12:04 GMT
Markets ignore bullish news; focus on Chinese growth issues (Brent: $35.8).

Singapore Market Commentary
06 Jan 2016 11:23 GMT
Market commentary from Wired Bunkering.

180 cSt average plummeted 43.6% in 2015
05 Jan 2016 17:28 GMT
Bunker Index reveals the average 180 cSt bunker price in 2015.

Praxis Market Update
05 Jan 2016 15:41 GMT
Market update from Praxis Energy Agents S.A.

MGO average nosedived $338.67 in 2015
05 Jan 2016 13:45 GMT
Bunker Index reveals the average global marine gas oil (MGO) price in 2015.

380 cSt average fell 46% in 2015
05 Jan 2016 13:05 GMT
Bunker Index reveals the average 380 cSt bunker price in 2015.

Global Vision Market Report
05 Jan 2016 12:18 GMT
Market report from Global Vision Bunkers B.V.

Rotterdam Market Report
05 Jan 2016 12:14 GMT
Market report from Marine Bunkering (Rotterdam) B.V.

Market Briefing
05 Jan 2016 11:41 GMT
Large intraday oil price fluctuations (Brent: $36.9).

Singapore Market Commentary
05 Jan 2016 11:21 GMT
Market commentary from Wired Bunkering.

Cockett officially confirms India office launch
05 Jan 2016 09:32 GMT
Bunker company confirms that it has formally established a liaison office in Mumbai.

First sub-$400 monthly global average since April 2009
04 Jan 2016 16:28 GMT
Bunker Index (BIX) monthly average fell to a record low in December.

Praxis Market Update
04 Jan 2016 15:32 GMT
Market update from Praxis Energy Agents S.A.

Global Vision Market Report
04 Jan 2016 13:39 GMT
Market report from Global Vision Bunkers B.V.

Rotterdam Market Report
04 Jan 2016 13:34 GMT
Market report from Marine Bunkering (Rotterdam) B.V.

The average bunker price in 2015 was...
04 Jan 2016 12:28 GMT
Bunker Index reveals the average bunker price in 2015.

Bunker prices vs crude in 2015
04 Jan 2016 11:26 GMT
Analysis of WTI and Brent crude prices vs the BIX global bunker price in 2015.

Market Briefing
04 Jan 2016 08:33 GMT
Geopolitical tensions cause oil price jitters (Brent: $37.6).

Global bunker prices fall 31% in 2015
04 Jan 2016 08:23 GMT
Worldwide bunker average declined by $164.06 to $365.08 per tonne last year.

Singapore Market Commentary
04 Jan 2016 07:51 GMT
Market commentary from Wired Bunkering.



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