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Home » News » News Archive - March 2016


News Archive - March 2016

ANL revises bunker adjustment factor
30 Mar 2016 14:35 GMT
BAF applies to freight from Australia and New Zealand to the east coast of North America.

Global Vision Market Report
30 Mar 2016 12:34 GMT
Market report from Global Vision Bunkers B.V.

Hapag-Lloyd BAF up for first time since July
30 Mar 2016 12:22 GMT
North East Asia to Australia surcharge is revised upwards by Europe's fourth-largest container shipping line.

Gazprom and Fluxys sign LNG cooperation agreement
30 Mar 2016 11:02 GMT
Companies to collaborate on the construction and operation of LNG receiving terminals, LNG filling stations, and LNG bunkering infrastructure in Europe.

Rotterdam Market Report
30 Mar 2016 10:48 GMT
Market report from Marine Bunkering (Rotterdam) B.V.

Glander International Bunkering hires trader in Singapore
30 Mar 2016 09:57 GMT
Guyson Kang has worked in the maritime industry for over three years.

Market Briefing
30 Mar 2016 08:54 GMT
Mixed voices ahead of freeze deal meeting (Brent: $40.3).

Singapore Market Commentary
30 Mar 2016 05:29 GMT
Market commentary from Wired Bunkering.

KPI Bridge Oil trader relocates to Greece, earns promotion
29 Mar 2016 12:33 GMT
Michalis Manassakis is moving to Athens and been promoted to Deputy Managing Director and Sales Manager.

TMS Tankers chooses fuel-saving fixed-pitch propeller solution
29 Mar 2016 11:50 GMT
Propeller cap with fins is said to rotate together with the propeller to produce fuel savings of up to 5 percent.

BC Ferries awards dual-fuel conversion contract
29 Mar 2016 11:02 GMT
Two vessels to be converted to dual-fuel so they can operate on liquefied natural gas (LNG).

Global Vision Market Report
29 Mar 2016 10:49 GMT
Market report from Global Vision Bunkers B.V.

Rotterdam Market Report
29 Mar 2016 09:54 GMT
Market report from Marine Bunkering (Rotterdam) B.V.

Marine lubricant demand predicted to grow by 3.6%
29 Mar 2016 09:41 GMT
Growth of the global shipping industry is expected to drive marine lubricants demand worldwide.

Market Briefing
29 Mar 2016 08:58 GMT
Range-bound prices (Brent: $40.2).

Singapore Market Commentary
29 Mar 2016 07:24 GMT
Market commentary from Wired Bunkering.

Bunker Index (BIX) price summary: week 12
28 Mar 2016 10:51 GMT
A summary of global bunker prices in week 12.

Fujairah 380 cSt weekly price summary
28 Mar 2016 10:13 GMT
A summary of weekly Fujairah 380 centistoke (cSt) prices.

Singapore 380 cSt weekly price summary
28 Mar 2016 09:44 GMT
A summary of weekly Singapore 380 centistoke (cSt) prices.

Singapore Market Commentary
28 Mar 2016 05:35 GMT
Market commentary from Wired Bunkering .

Fuel savings 'could be huge' for vessels fitted with monitoring system
24 Mar 2016 14:01 GMT
New monitoring and diagnostics solution is described as being 'the next logical step in marine technology'.

Praxis Market Update
24 Mar 2016 13:20 GMT
Market update from Praxis Energy Agents S.A.

Shipping confidence drops to record low in latest survey
24 Mar 2016 11:08 GMT
Respondents express concern about overtonnaging and the dry bulk market.

Aegean launches bunkering operation in South Africa
24 Mar 2016 10:47 GMT
Supplier says the new operation is 'located in a robust market with potential for growth'.

Rotterdam Market Report
24 Mar 2016 10:45 GMT
Market report from Marine Bunkering (Rotterdam) B.V.

Singapore Market Commentary
24 Mar 2016 04:40 GMT
Market commentary from Wired Bunkering .

Praxis Market Update
23 Mar 2016 15:20 GMT
Market update from Praxis Energy Agents S.A.

New office address for West Indies Petroleum
23 Mar 2016 14:35 GMT
Jamaican supplier moved to its new office location last weekend.

Global Vision Market Report
23 Mar 2016 11:40 GMT
Market report from Global Vision Bunkers B.V.

Project to develop gas turbine-powered, electrically driven container ship design
23 Mar 2016 11:15 GMT
General Electric (GE), Hyundai Heavy Industries (HHI) and Lloyd's Register (LR) in joint development project.

Rotterdam Market Report
23 Mar 2016 11:04 GMT
Market report from Marine Bunkering (Rotterdam) B.V.

Glander International Bunkering recruits two people from internship programme
23 Mar 2016 10:03 GMT
Ahmet Han and Oleg Adamson are now trading in Dubai and Geneva, respectively.

Sales volume up 33%, revenue down 30% for Sinfeng Marine Services
23 Mar 2016 08:48 GMT
30% drop in revenue was said to be mainly due to the sharp fall in oil prices.

Market Briefing
23 Mar 2016 07:09 GMT
Crude oil ends mixed after terrorist bombings in Belgium.

Singapore Market Commentary
23 Mar 2016 05:15 GMT
Market commentary from Wired Bunkering .

Global Vision Market Report
22 Mar 2016 12:29 GMT
Market report from Global Vision Bunkers B.V.

Plan to build LNG storage terminal in eastern Sweden
22 Mar 2016 12:03 GMT
Swedegas signs MoU with Kanfer Shipping for 'potential collaboration'.

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

Strong fuel oil demand raises premiums
22 Mar 2016 10:45 GMT
380 cSt spot premiums rose to their highest level in almost nine months on Monday.

Gazpromneft Marine Bunker sold 3.7m tonnes in 2015
22 Mar 2016 09:15 GMT
Russian supplier reports positive sales figures for 2015 as it outlines its objectives for this year.

Gulf Petrochem launches physical supply operation in Pipavav
22 Mar 2016 08:47 GMT
Deliveries are currently being carried out by truck.

Market Briefing
22 Mar 2016 07:00 GMT
Genscape shows first decline in crude stocks at Cushing but shale producers activate DUC wells.

Singapore Market Commentary
22 Mar 2016 04:54 GMT
Market commentary from Wired Bunkering .

Global Vision Market Report
21 Mar 2016 12:40 GMT
Market report from Global Vision Bunkers B.V.

Rotterdam Market Report
21 Mar 2016 12:23 GMT
Market report from Marine Bunkering (Rotterdam) B.V.

Quadrise announces H2 results
21 Mar 2016 08:53 GMT
Emulsion fuel firm posts results for the six-month period ended 31 December 2015.

Rotterdam 380 cSt down 2.6% in week 11
21 Mar 2016 07:37 GMT
A summary of weekly Rotterdam 380 centistoke (cSt) prices.

Market Briefing
21 Mar 2016 07:20 GMT
Oil goes on rollercoaster ride.

Fujairah 380 cSt falls $12.50 in week 11
21 Mar 2016 07:13 GMT
A summary of weekly Fujairah 380 centistoke (cSt) prices.

Singapore 380 cSt dips 2.4% in week 11
21 Mar 2016 06:43 GMT
A summary of weekly Singapore 380 centistoke (cSt) prices.

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

Praxis Market Update
18 Mar 2016 13:48 GMT
Market update from Praxis Energy Agents S.A.

Global Vision Market Report
18 Mar 2016 11:39 GMT
Market report from Global Vision Bunkers B.V.

Rotterdam Market Report
18 Mar 2016 11:02 GMT
Market report from Marine Bunkering (Rotterdam) B.V.

Skangas to acquire LNG production plant and bunkering facility
18 Mar 2016 09:32 GMT
Located in southern Norway, the plant has an annual production capacity of 300,000 tonnes of LNG.

Crowley loses oil spill response service contract
18 Mar 2016 09:11 GMT
Company will not be providing oil spill prevention and response services in Valdez and Prince William Sound when its contract expires in 2018.

Five years in the U.S. for Monjasa
18 Mar 2016 08:45 GMT
Bunker firm aims to increase its market share by strengthening its team.

Aegean's Fujairah terminal 'at 100% capacity'
18 Mar 2016 08:12 GMT
CEO says Fujairah is 'facing headwinds due to low prices and Iranian oil which has flooded the market'.

Market Briefing
18 Mar 2016 07:42 GMT
Oil prices stay around 2016-high (Brent: $41.2).

Singapore Market Commentary
18 Mar 2016 05:36 GMT
Market commentary from Wired Bunkering .

'ACE' test shows fuel savings of 1.5 percent
17 Mar 2016 11:53 GMT
MOL's says its Advanced Control for Ecology (ACE) funcion has lead to 'significant reductions in fuel consumption'.

Global Vision Market Report
17 Mar 2016 11:14 GMT
Market report from Global Vision Bunkers B.V.

Engine for world's first ethane-fuelled LEG carrier passes test
17 Mar 2016 11:11 GMT
G50 engine will also be able to run on heavy fuel oil (HFO), marine diesel oil (MDO) and marine gas oil (MGO).

Rotterdam Market Report
17 Mar 2016 11:02 GMT
Market report from Marine Bunkering (Rotterdam) B.V.

Istra Ace fuel spill update
17 Mar 2016 10:15 GMT
Vessel restrictions remain in place whilst the clean-up operation continues.

Aegean net income up 104% in 2015
17 Mar 2016 09:10 GMT
Cost of revenues plummeted 38.3% and operating income rose 32.2%. Revenues dropped 36.6% depite record sales volumes.

Market Briefing
17 Mar 2016 08:42 GMT
Fed, Freeze Deal and oil inventories (Brent: $41.0).

Singapore Market Commentary
17 Mar 2016 05:20 GMT
Market commentary from Wired Bunkering .

German shipping firms fined for illegally discharging oil into the sea
16 Mar 2016 13:13 GMT
Companies sentenced to pay $1.25 million in fines and a $250,000 community service payment.

CalMac fuel management systems 'on track' to pay for themselves within a year
16 Mar 2016 11:56 GMT
UK ferry firm says it is also on target to reduce emissions by 2 percent.

Global Vision Market Report
16 Mar 2016 11:38 GMT
Market report from Global Vision Bunkers B.V.

Propulsion system order for Crystal Cruises
16 Mar 2016 10:43 GMT
Azipod systems are to be installed to help two new cruise ships operate at optimum efficiency.

Rotterdam Market Report
16 Mar 2016 10:19 GMT
Market report from Marine Bunkering (Rotterdam) B.V.

Cruise ship with fuel-saving technology and LNG supply system sets sail
16 Mar 2016 10:05 GMT
Vessel is the first to use MHI's proprietary technology that is designed to enhance fuel efficiency.

Market Briefing
16 Mar 2016 08:33 GMT
Fed and weekly inventories in focus (Brent: $39.0).

Singapore Market Commentary
16 Mar 2016 04:45 GMT
Market commentary from Wired Bunkering .

Praxis Market Update
15 Mar 2016 12:08 GMT
Market update from Praxis Energy Agents S.A.

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

Global Vision Market Report
15 Mar 2016 11:05 GMT
Market report from Global Vision Bunkers B.V.

ABB expands fuel-saving product range with Dynamic AC concept
15 Mar 2016 10:43 GMT
New electric power system is aimed at larger ships with power of 20MW or more.

Maintenance agreement for six gas-powered vessels
15 Mar 2016 10:24 GMT
Wartsila signs five-year agreement with Nigeria's Bonny Gas Transport Ltd.

Supply agreement for fuel-efficient engines
15 Mar 2016 10:12 GMT
Deal applies to newbuild projects for ships to be deployed on Japanese domestic trade routes, and where the shipyards and shipowners are located in Japan.

KPI Bridge Oil trader relocates to Denmark
15 Mar 2016 09:55 GMT
Oliver Denal returns to Denmark after working for three years at KPI Bridge Oil London.

Market Briefing
15 Mar 2016 09:30 GMT
Freeze Deal postponed, markets turning to inventory reports (Brent: $38.7).

Singapore Market Commentary
15 Mar 2016 05:31 GMT
Market commentary from Wired Bunkering .

Bunker Index (BIX) price summary: week 10
14 Mar 2016 12:29 GMT
A summary of global bunker prices in week 10.

Global Vision Market Report
14 Mar 2016 11:24 GMT
Market report from Global Vision Bunkers B.V.

Singapore records lowest sales in a year, best February ever
14 Mar 2016 11:18 GMT
Accumulated sales for the first two months are 8.5 percent higher than last year.

Rotterdam Market Report
14 Mar 2016 10:59 GMT
Market report from Marine Bunkering (Rotterdam) B.V.

IBIA and Trident Alliance join forces over 'serious' global sulphur cap concerns
14 Feb 2016 09:41 GMT
Both organisations say they foresee problems with flag states being responsible for enforcing the 0.5% sulphur limit.

Market Briefing
14 Mar 2016 08:46 GMT
Iran, Fed and shale oil producers in focus (Brent: $40.0).

Genco to forgo fuel-efficiency upgrades
14 Mar 2016 08:43 GMT
Company says it does not expect to install fuel efficiency upgrades on any of the vessels scheduled to dry-dock in 2016.

Singapore Market Commentary
14 Mar 2016 04:55 GMT
Market commentary from Wired Bunkering .

Praxis Market Update
11 Mar 2016 14:48 GMT
Market update from Praxis Energy Agents S.A.

Fujairah 380 cSt skyrockets over 25% in week 10
11 Mar 2016 12:41 GMT
A summary of weekly Fujairah 380 centistoke (cSt) prices.

Biggest percentage jump in over a year for Singapore 380 cSt in week 10
11 Mar 2016 12:16 GMT
A summary of weekly Singapore 380 centistoke (cSt) prices.

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

SeeMBox-V independently verified against EU MRV requirements
11 Mar 2016 11:27 GMT
Solution has been deemed to comply with all four acceptable fuel consumption monitoring methodologies.

Rotterdam Market Report
11 Mar 2016 10:44 GMT
Market report from Marine Bunkering (Rotterdam) B.V.

Cam Ranh set for rise in bunker volumes with expansion
11 Mar 2016 09:34 GMT
Vietnamese President calls for shipping companies to refuel at Cam Ranh - a port that looks set to become one of the country's leading deep-sea ports.

Market Briefing
11 Mar 2016 08:50 GMT
Iran and the Freeze Deal - look out for oil rig count (Brent: $40.7).

Singapore Market Commentary
11 Mar 2016 04:39 GMT
Market commentary from Wired Bunkering .

Report: No fuel cargo thefts in Asia in February
10 Mar 2016 15:04 GMT
Of the three incidents of armed robbery reported, none of them involved the theft of oil/fuel cargoes, says report.

Singapore firm alleges contaminated fuel, seeks $602,000
10 Mar 2016 13:47 GMT
Lawsuit filed in Houston against four bunker supply chain companies.

Global Vision Market Report
10 Mar 2016 11:37 GMT
Market report from Global Vision Bunkers B.V.

Chemoil to begin bunker supply operation in Australia
10 Mar 2016 10:47 GMT
Glencore subsidiary to start carrying out deliveries in Port Kembla, and to supply by barge in Newcastle, Port Botany and Eden.

Rotterdam Market Report
10 Mar 2016 10:44 GMT
Market report from Marine Bunkering (Rotterdam) B.V.

Ship retrofit expected to slash fuel use by 25%
10 Mar 2016 09:32 GMT
Collaboration between Hammonia Reederei and Intermarine has enabled the retrofit of three sister vessels.

Market Briefing
10 Mar 2016 08:23 GMT
Oil inventory report surprises (Brent: $40.7).

Singapore Market Commentary
10 Mar 2016 04:38 GMT
Market commentary from Wired Bunkering .

Global Vision Market Report
09 Mar 2016 11:52 GMT
Market report from Global Vision Bunkers B.V.

Korean utility buys 90,000 tonnes of fuel oil
09 Mar 2016 11:08 GMT
Two 45,000-tonne cargoes are scheduled for delivery between March 20 and March 31.

Hapag-Lloyd revises bunker charges
09 Mar 2016 10:45 GMT
New surcharges are effective from April 1.

Rotterdam Market Report
09 Mar 2016 10:18 GMT
Market report from Marine Bunkering (Rotterdam) B.V.

LNG propulsion package for new cargo carrier
09 Mar 2016 10:04 GMT
LNG-powered vessel is to transport fish food along the Norwegian coast.

Market Briefing
09 Mar 2016 08:59 GMT
Stronger dollar weighs on oil prices - all eyes on oil stocks report.

Lindsay Blee launches Florida office
09 Mar 2016 08:33 GMT
US operation has been set up to support customers in North, Central and South America.

Singapore Market Commentary
09 Mar 2016 04:30 GMT
Market commentary from Wired Bunkering .

Siemens to provide technology for Finland's first battery-powered car ferry
08 Mar 2016 10:52 GMT
FinFerries vessel is scheduled to begin operating in the summer of 2017.

Global Vision Market Report
08 Mar 2016 10:51 GMT
Market report from Global Vision Bunkers B.V.

Rotterdam Market Report
08 Mar 2016 10:40 GMT
Market report from Marine Bunkering (Rotterdam) B.V.

Scrubber strategy pays off for Rosyth - Zeebrugge route
08 Mar 2016 09:42 GMT
Route is in profit for the first time, thanks in no small measure to the use of cheaper fuels.

DFDS reports decline in bunker consumption
08 Mar 2016 08:44 GMT
Shipping firm sets 5 percent reduction target for 2017.

Market Briefing
08 Mar 2016 08:39 GMT
Goodbye thirties – hello forties – heading for fifties?

Singapore Market Commentary
08 Mar 2016 05:29 GMT
Market commentary from Wired Bunkering .

Praxis Market Update
07 Mar 2016 14:49 GMT
Market update from Praxis Energy Agents S.A.

Wartsila apologizes for 'deviations' in fuel consumption tests
07 Mar 2016 13:32 GMT
Up to two percent of all the company's engine deliveries may have been affected, says Finnish firm.

Singapore 380 cSt weekly price summary
07 Mar 2016 11:47 GMT
A summary of weekly Singapore 380 centistoke (cSt) prices.

GAINN initiative to facilitate the introduction of LNG fuel
07 Mar 2016 11:03 GMT
EU projects to focus on identifying the optimal solution for ports to provide LNG bunkering.

Rotterdam Market Report
07 Mar 2016 10:57 GMT
Market report from Marine Bunkering (Rotterdam) B.V.

Roadmap to a sustainable shipping industry launched
07 Mar 2016 09:34 GMT
Roadmap is a set of key milestones and priorities which the SSI says must be met in order to create a sustainable shipping industry by 2040.

Market Briefing
07 Mar 2016 08:55 GMT
Oil prices jump almost $10 in a month.

Singapore Market Commentary
07 Mar 2016 05:50 GMT
Market commentary from Wired Bunkering .

Praxis Market Update
04 Mar 2016 14:19 GMT
Market update from Praxis Energy Agents S.A.

Dan-Bunkering moves to Hellerup
04 Mar 2016 11:39 GMT
As of March 4, Dan-Bunkering's Copenhagen office has relocated to Hellerup.

Global Vision Market Report
04 Mar 2016 11:26 GMT
Market report from Global Vision Bunkers B.V.

New 'Scrubber Ready' class notation announced
04 Mar 2016 10:53 GMT
New standard is designed to help shipowners prepare their newbuildings for the installation of a scrubber.

Rotterdam Market Report
04 Mar 2016 10:39 GMT
Market report from Marine Bunkering (Rotterdam) B.V.

Market Briefing
04 Mar 2016 10:24 GMT
Oil price up-trend with intraday volatility continues (Brent: $37.0).

Shipping firm fined $129,500 for not switching fuels
04 Mar 2015 10:19 GMT
Company fined for failing to switch to cleaner-burning distillates in Californian waters.

World Fuel Services declares dividend
04 Mar 2016 08:57 GMT
Quarterly cash dividend is in line with the 60 percent increase announced 12 months ago.

Singapore Market Commentary
04 Mar 2016 05:12 GMT
Market commentary from Wired Bunkering .

Praxis Market Update
03 Mar 2016 14:01 GMT
Market update from Praxis Energy Agents S.A.

Alfa Laval focuses on alternative fuels with test centre expansion
03 Mar 2016 13:08 GMT
Expanded facility to focus on environmental and combustion technology in burners and heating systems for ships using LNG and other alternative fuels.

Global Vision Market Report
03 Mar 2016 11:50 GMT
Market report from Global Vision Bunkers B.V.

Rotterdam Market Report
03 Mar 2016 11:25 GMT
Market report from Marine Bunkering (Rotterdam) B.V.

Hapag-Lloyd updates North America bunker charges
03 Mar 2016 10:45 GMT
Monthly charges released in surcharge notice.

Brent vs BIX price comparison
03 Mar 2016 09:39 GMT
Analysis of Brent crude vs the BIX global bunker price in February.

Market Briefing
03 Mar 2016 09:00 GMT
Markets remain bullish despite inventory build (Brent: $36.7).

MET turbocharger approved for dual-fuel engines
03 Mar 2016 08:45 GMT
Turbocharger can now be installed in all of WinGD's large low-speed main engines, including the dual-fuel X-DF engine.

Singapore Market Commentary
03 Mar 2016 05:16 GMT
Market commentary from Wired Bunkering .

Praxis Market Update
02 Mar 2016 13:41 GMT
Market update from Praxis Energy Agents S.A.

Hapag-Lloyd revises bunker charges for Asia and Oceania
02 Mar 2016 13:30 GMT
Surcharges are effective from April 1.

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

Global Vision Market Report
02 Mar 2016 11:46 GMT
Market report from Global Vision Bunkers B.V.

WTI vs BIX price comparison
02 Mar 2016 10:13 GMT
Analysis of WTI crude vs the BIX global bunker price during the month of February.

Arkas achieves 53% jump in sales to take market share up to a third
02 Mar 2016 09:31 GMT
Company is ranked top supplier in Turkey with sales of 677,001 tonnes last year.

Hapag-Lloyd revises Latin America bunker charges
02 Mar 2016 08:29 GMT
Surcharges are effective from April 1.

Market Briefing
02 Mar 2016 08:15 GMT
Volatility ahead of oil inventory report (Brent: $36.9).

Singapore Market Commentary
02 Mar 2016 04:35 GMT
Market commentary from Wired Bunkering .

Praxis Market Update
01 Mar 2016 14:48 GMT
Market update from Praxis Energy Agents S.A.

Global Vision Market Report
01 Mar 2016 11:38 GMT
Market report from Global Vision Bunkers B.V.

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

Singapore MGO vs ICE Gas Oil in February
01 Mar 2016 09:52 GMT
Analysis of Singapore marine gas oil (MGO) and ICE Gas Oil prices in February.

Rotterdam 380 cSt average up in February
01 Mar 2016 09:25 GMT
Europe's biggest bunker port records biggest increase in 9 months.

Bunker price volatility plummets in February
01 Mar 2016 08:53 GMT
A difference of just $8.08 between the lowest and highest daily global average.

Global bunker average down 1.2% in February
01 Mar 2016 08:33 GMT
Bunker Index (BIX) average fell for the ninth consecutive month in February.

Market Briefing
01 Mar 2016 08:05 GMT
Oil prices rise on China; supply issues (Brent: $36.5).

Singapore Market Commentary
01 Mar 2016 04:45 GMT
Market commentary from Wired Bunkering .



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