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Home » News » News Archive - September 2017


News Archive - September 2017

Viking Cruises developing cruise ship powered by hydrogen fuel cell technology
29 Sep 2017 14:05 GMT
Cruise firm in talks with Statoil to source product from a Norwegian refinery.

Fuel cell using gas from world's first tidal-powered hydrogen producer unveiled
29 Sep 2017 11:04 GMT
Electricity to be provided on demand for ships calling at Kirkwall in the Orkney Islands.

Oil and fuel oil hedging market update
29 Sep 2017 08:32 GMT
By the Oil Desk at Freight Investor Services.

Cosco Shipping Intl posts 75% jump in H1 bunker revenue
29 Sep 2017 08:13 GMT
Bunker earnings up 30% as Cosco benefits from Double Rich profit share increase and sees 63% sales volume improvement for Sinfeng Marine.

Intraday volatility and continued bullish market sentiment
29 Sep 2017 07:43 GMT
By A/S Global Risk Management.

Sovcomflot CEO keen to see Russia improve port infrastructure for LNG bunkering
28 Sep 2017 10:37 GMT
Sergey Frank also eager for authorities to offer incentives to shipping firms adopting eco-friendly solutions.

Inventories take centre stage
28 Sep 2017 09:10 GMT
By A/S Global Risk Management.

Fourth of six dual-fuel LNG carriers delivered in Shanghai
28 Sep 2017 08:47 GMT
The CESI Tianjin is to transport LNG that Sinopec purchases from the Australia Pacific LNG project.

Oil and fuel oil hedging market update
28 Sep 2017 08:34 GMT
By the Oil Desk at Freight Investor Services.

China's Grand Canal ports to provide shore power for ships by 2019
28 Sep 2017 07:01 GMT
Project to install shore power facilities set to lower bunker consumption and emissions.

Ecoslops sees H1 revenue almost double, posts first positive EBITDA in Portugal
28 Sep 2017 00:02 GMT
CEO says slops specialist 'now has every reason to consider the future with confidence'.

LNG bunker vessel Cardissa christened in Rotterdam
27 Sep 2017 09:05 GMT
'Groundbreaking' new vessel to be used to perform deliveries in northwest Europe.

Brent oil price remains in the upper fifties with intraday swings
27 Sep 2017 08:52 GMT
By A/S Global Risk Management.

Oil and fuel oil hedging market update
27 Sep 2017 08:46 GMT
By the Oil Desk at Freight Investor Services.

Carnival posts $42m rise in Q3 bunker costs... but still manages $1.3bn profit
27 Sep 2017 06:28 GMT
Ferry operator saw bunker expenses increase 15.8% in Q3, whilst the average price per tonne was up 12.8%.

Polaris Shipping orders 10 LNG-ready VLOCs with scrubber technology
27 Sep 2017 04:31 GMT
Vessels are slated for delivery by 2021.

The VPS quality approach to sulphur testing: Dr Sunil Kumar
27 Sep 2017 00:02 GMT
By VPS's laboratory manager in Fujairah, UAE.

Brightoil delays publication of annual results
26 Sep 2017 14:10 GMT
Company says release of unaudited accounts could cause 'confusion' amongst shareholders and potential investors.

Dan-Bunkering takes on four interns in Dubai
26 Sep 2017 13:27 GMT
Bunker traders and purchasers hired as part of the company's internship programme.

ICS chairman delivers message of support and expectation ahead of World Maritime Day
26 Sep 2017 11:23 GMT
Poulsson keen for IMO to present 'truly ambitious' CO2 reduction targets at COP 24; suggests governments 'present their own ideas'.

Brent price touches highest level since mid-2015
26 Sep 2017 10:03 GMT
By A/S Global Risk Management.

Island Oil targets bunkers-only calls in Haifa with new supply vessel
26 Sep 2017 09:33 GMT
The M/T Thalia is due to start operating by the end of October.

Oil and fuel oil hedging market update
26 Sep 2017 09:07 GMT
By the Oil Desk at Freight Investor Services.

Shipping confidence hits three-year high in latest survey
26 Sep 2017 06:56 GMT
Improved rating said to be mainly due to increased shipowner confidence.

FueLNG completes first commercial LNG bunker delivery in Singapore
25 Sep 2017 11:16 GMT
Hilli Episeyo was supplied with LNG via truck in landmark delivery.

Viking Sun cruise ship featuring bunker-saving engine and scrubber delivered
25 Sep 2017 10:34 GMT
Viking Ocean Cruises vessel was delivered in Ancona on Monday.

Digital bunker procurement: Why is now the time to pay attention?
25 Sep 2017 10:10 GMT
By OilFront CEO Danny Soos.

Oil and fuel oil hedging market update
25 Sep 2017 08:10 GMT
By the Oil Desk at Freight Investor Services.

Less online U.S. oil rigs, OPEC non-event and central bank speeches coming up
25 Sep 2017 07:40 GMT
By A/S Global Risk Management.

Wartsila outlines 'new opportunities for supplying LNG' with FSRB concept
25 Sep 2017 07:11 GMT
Floating storage and regasificaton barge is designed to enable the supply of LNG in areas where it was previously not possible.

Another first for Wartsila as wireless charging for hybrid coastal ferry is 'successfully' tested
22 Sep 2017 13:05 GMT
MF Folgefonn is the first commercial ferry to operate with high-power wireless charging capability for its batteries.

Scandlines hails bunker-saving summer for hybrid ferries
22 Sep 2017 11:53 GMT
Ferry operator notes that the M/V Berlin and M/V Copenhagen have helped reduce emissions in the Baltic Sea this summer.

BHP, GoodFuels to collaborate on biofuel bunker project in Singapore
22 Sep 2017 08:32 GMT
Pilot project is expected to be carried out early next year.

The OPEC / non-OPEC meeting takes centre stage
22 Sep 2017 08:21 GMT
By A/S Global Risk Management.

Oil and fuel oil hedging market update
22 Sep 2017 08:13 GMT
By the Oil Desk at Freight Investor Services.

Fluxys focuses investment on Zeebrugge's fifth LNG tank and second jetty
21 Sep 2017 13:16 GMT
Company says most of its EUR 36m investments in H1 went towards building extra storage and the new jetty in Zeebrugge.

Rolls-Royce and Inmarsat sign ship energy management agreement
21 Sep 2017 10:47 GMT
Tie-up means ships will be able to monitoring bunker consumption and emissions in real time in order to maximize efficiency.

Bullish market sentiment remains, short-term dark horse could be meeting comments
21 Sep 2017 09:25 GMT
By A/S Global Risk Management.

Oil and fuel oil hedging market update
21 Sep 2017 08:14 GMT
By the Oil Desk at Freight Investor Services.

Dorian LPG and ABS to conduct feasibility study of LPG as marine fuel
21 Sep 2017 07:14 GMT
VLGC owner believes LPG could be a 'significantly more attractive and cost-effective alternative'.

CO2 reduction addressed at ECSA seminar
20 Sep 2017 15:05 GMT
Attendees discuss measures needed to reduce CO2 emissions.

World's first dual-fuel boxship conversion completed
20 Sep 2017 13:23 GMT
Wes Amelie returns to service following conversion in Germany to operate on LNG.

K Line posts dip in annual bunker consumption
20 Sep 2017 12:39 GMT
Data indicates that the Japanese firm consumed 1.8% less fuel and that bunker expenses fell 11.8%.

Pavilion Gas, Uniper ink LNG capacity agreement
20 Sep 2017 10:10 GMT
Companies agree to provide eachother with access to their respective LNG facilities.

Intraday volatility, but Brent continues to circle around $55
20 Sep 2017 08:39 GMT
By A/S Global Risk Management.

Oil and fuel oil hedging market update
20 Sep 2017 08:11 GMT
By the Oil Desk at Freight Investor Services.

Skangas vessel Coralius performs first LNG bunker delivery
19 Sep 2017 14:05 GMT
Milestone operation as the first Europe-built LNG bunker vessel completes maiden delivery in northern Kattegat.

Rosmorport in talks with bunker firms over running LNG supply operation: source
19 Sep 2017 11:41 GMT
Company said to be planning to build bunker vessel with LNG storage capacity of between 3,000 and 5,000 cbm.

September has turned out to be a bullish month... so far
19 Sep 2017 09:20 GMT
By A/S Global Risk Management.

Shell bunker tanker delivers LNG cargo to Klaipeda reloading station
19 Sep 2017 08:48 GMT
Vessel said to have delivered 1,000 cbm of LNG to the new onshore facility.

Oil and fuel oil hedging market update
19 Sep 2017 08:38 GMT
By the Oil Desk at Freight Investor Services.

Vane Line Bunkering faces lawsuit over barge captain who suffered stroke
18 Sep 2017 12:55 GMT
Plaintiff mentions 'multiple requests' for transfer closer to home, which, he says, would have enabled him to receive timely lab checks.

Brent price remains in the mid-fifties
18 Sep 2017 11:25 GMT
By A/S Global Risk Management.

Wartsila launches tug designs with hybrid propulsion
18 Sep 2017 10:45 GMT
New tugs showcased for the first time in Singapore.

Oil and fuel oil hedging market update
18 Sep 2017 08:37 GMT
By the Oil Desk at Freight Investor Services.

Corvus: Understanding how high energy density is key to economical energy storage systems
18 Sep 2017 08:01 GMT
Overview of the technology, ideal uses, and examples of Orca Energy ESS in marine applications.

ES Group says it will retain bunker vessel after charterer 'defaulted' on contract
18 Sep 2017 06:02 GMT
Singapore group terminates contract and says vessel will no longer be transferred to charterer.

Adventure superyacht with 'exceptional fuel efficiency' unveiled
15 Sep 2017 12:01 GMT
Bunker-saving 'Project Echo' superyacht incorporates innovative helicopter landing feature.

Oil and fuel oil hedging market update
15 Sep 2017 010:13 GMT
By the Oil Desk at Freight Investor Services.

Crude oil price increase taking a breather
15 Sep 2017 09:01 GMT
By A/S Global Risk Management.

First Europe-built LNG bunker vessel performs maiden delivery in southern Norway
15 Sep 2017 06:45 GMT
The Coralius delivered LNG to Skangas's facility near Fredrikstad.

Brightoil enhances online trading platform with new features
15 Sep 2017 06:45 GMT
Updated platform includes a fixed forward price facility enabling clients to lock-in bunker deals up to nine months in advance.

Sulphur removal specialist Genoil appoints VP in India
14 Sep 2017 15:16 GMT
Nari Narayanan will be tasked with developing market opportunities throughout India.

Top Ships secures time charter for fuel-efficient newbuild
14 Sep 2017 14:22 GMT
The Eco Palm Desert is scheduled to be delivered in the third quarter of 2018.

Construction of Costa Cruises' first LNG-fuelled ship under way
14 Sep 2017 11:23 GMT
Steel-cutting ceremony of the Costa Smeralda held in Turku, Finland.

Brent prices have been increasing since hurricane Harvey shook up things
14 Sep 2017 09:56 GMT
By A/S Global Risk Management.

UK scientists claim 'outstanding' results making methanol from thin air
14 Sep 2017 08:48 GMT
Development could have significant implications for shipping, which uses methanol as fuel for vessels.

Oil and fuel oil hedging market update
14 Sep 2017 08:22 GMT
By the Oil Desk at Freight Investor Services.

Bomin dismisses court action against ship over alleged non-payment of bunkers
14 Sep 2017 06:10 GMT
Supplier voluntarily dismisses action three days after filing initial complaint with US court.

Project said to prove viability of CFD analysis to calculate LNG boil-off rate
13 Sep 2017 13:17 GMT
Project partners expect to be able to build efficiencies into future designs of cargo tanks and boil-off gas processing systems.

VTTI Energy Partners unitholders approve merger with VTTI B.V.
13 Sep 2017 11:42 GMT
Merger is expected to close on Friday, September 15.

Singapore achieves best six-month bunker sales result in its history and record volume for August
13 Sep 2017 09:41 GMT
Asian port surpasses 25 million tonnes in a six-month period for only the second time.

Oil and fuel oil hedging market update
13 Sep 2017 08:21 GMT
By the Oil Desk at Freight Investor Services.

OPEC, oil stocks reports take centre stage
13 Sep 2017 08:03 GMT
By A/S Global Risk Management.

Seadrill outlines restructuring plan following Chapter 11 filing
13 Sep 2017 07:44 GMT
Plan extends and re-profiles secured bank debt, reduces leverage and delivers $1.06 billion of new capital.

Ecoslops starts supplying product to Galp refinery
12 Sep 2017 14:02 GMT
Long-term supply agreement scheduled to last until the end of 2020.

New autonomous vessel features bunker-saving energy storage, solar panels
12 Sep 2017 13:05 GMT
Rolls-Royce's unmanned naval vessel concept is said to have a range of 3,500 nautical miles.

ExxonMobil to roll out 'next-gen services' with new lube brand Mobil Serv
12 Sep 2017 10:48 GMT
Services to include newly named Mobil Serv Lubricant Analysis as supplier aims to provide 'end-to-end solution' for operators.

WTI-Brent spread, Libya and weekly oil stocks data coming up
12 Sep 2017 11:44 GMT
By A/S Global Risk Management.

Oil and fuel oil hedging market update
12 Sep 2017 08:23 GMT
By the Oil Desk at Freight Investor Services.

New guidance released to help reduce the risk of propulsion loss
11 Sep 2017 11:31 GMT
Booklet designed to provide advice about the risks associated with propulsion loss and the precautions that can be taken.

Malaysian supplier expects 90% of future business to come from bunkering
11 Sep 2017 10:56 GMT
New MD of Straits Inter Logistics says 'the contribution from bunkering will significantly increase'.

Oil and fuel oil hedging market update
11 Sep 2017 09:00 GMT
By the Oil Desk at Freight Investor Services.

Tech-driven bunker broking firm launched
11 Sep 2017 08:00 GMT
UK service headed by former BP employee Danny Soos and industry veteran Neil Lamerton.

Monjasa seeks bunker trader in Panama
08 Sep 2017 12:35 GMT
Ideal candidate will have at least five years' sales experience and be fluent in Spanish.

Gazprom and Mitsui ink new accord covering LNG bunkering in Sea of Japan
08 Sep 2017 10:55 GMT
Agreement signed by Alexey Miller and Masami Iijima in Vladivostok.

Shell's LNG bunker barge to include Wartsila tanks and cargo handling system
08 Sep 2017 09:12 GMT
New supply barge is scheduled to operate out of Rotterdam.

Oil and fuel oil hedging market update
08 Sep 2017 09:04 GMT
By the Oil Desk at Freight Investor Services.

Oil prices continue to increase and Brent is now in the mid-fifties
08 Sep 2017 07:48 GMT
By A/S Global Risk Management.

BC Ferries vessel removed from service for LNG conversion
07 Sep 2017 10:11 GMT
The Spirit of British Columbia is to undergo dual-fuel conversion between the autumn of 2017 and spring of 2018.

Oil and fuel oil hedging market update
07 Sep 2017 09:00 GMT
By the Oil Desk at Freight Investor Services.

Keel-laying ceremony for world's first fully LNG-powered cruise ship
07 Sep 2017 08:23 GMT
The AIDAnova will be the first cruise vessel with the capability to operate only on LNG - both at sea and in port.

As the production disruptions of Harvey wear off, hurricane Irma is raging across the Caribbean towards Florida
07 Sep 2017 08:17 GMT
By A/S Global Risk Management.

Genoil signs research accord, starts testing HSFO in Russia for client
07 Sep 2017 06:31 GMT
Sulphur removal specialist teams up with institutes to develop technologies and patents.

Glander International Bunkering announces senior management promotions in Dubai
07 Sep 2017 05:55 GMT
UAE firm names new MD, Sales Manager and Business Development Manager.

Construction of world's biggest battery-powered fishing vessel under way
06 Sep 2017 12:35 GMT
Diesel-electric battery hybrid is said to reduce fuel consumption by 25 percent.

Bomin launches new brand identity and website
06 Sep 2017 09:31 GMT
Bunker firm positions itself to deliver the next phase of global growth.

Superstorm Irma heading west
06 Sep 2017 09:07 GMT
By A/S Global Risk Management.

Oil and fuel oil hedging market update
06 Sep 2017 08:29 GMT
By the Oil Desk at Freight Investor Services.

MAN Cryo wins contract to build LNG bunkering facility in Gothenburg
06 Sep 2017 07:58 GMT
Purpose-built facility at Gothenburg's Energy Port is due to open in 2018.

K Line firms in joint study to develop Japan's first LNG-fuelled ferry
06 Sep 2017 05:25 GMT
K Line and K Line Kinkai team up to 'accelerate' milestone project.

Ritz-Carlton's first luxury cruise ship to include bunker-saving Azipod propulsion
05 Sep 2017 09:01 GMT
Hotel chain's yacht to incorporate system that is said to be 10% more fuel efficient.

Oil and fuel oil hedging market update
05 Sep 2017 08:29 GMT
By the Oil Desk at Freight Investor Services.

Bye bye Harvey
05 Sep 2017 08:15 GMT
By A/S Global Risk Management.

Corvus Energy battery system ordered for three hybrid fishing vessels
05 Sep 2017 07:35 GMT
Orca Energy ESS to supply electrical power to the propulsion systems and electrical networks.

Thun Tankers adds fifth fuel-efficient ship to intermediate tanker order
05 Sep 2017 05:23 GMT
Energy efficiency and sustainability said to be 'key' part of ship development process.

Bunker Holding seeks Group Regional FSP Lead Asia
05 Sep 2017 04:23 GMT
Successful candidate will be based in Singapore.

Fujairah oil stocks fall despite slight rise in heavy distillates and residues
04 Sep 2017 12:27 GMT
Inventories of heavy distillates and residues increased to 10.787 million barrels, according to weekly data.

Dan-Bunkering trader relocates to US, earns Commercial Director promotion
04 Sep 2017 10:11 GMT
Michel Dominique Thomsen named Commercial Director at Dan-Bunkering (America) Inc.

Ecoxy approves Kongsberg app for monitoring bunker consumption, emissions
04 Sep 2017 08:58 GMT
App is designed to simplify the process of collecting data to create the annual MRV report.

Oil and fuel oil hedging market update
04 Sep 2017 08:35 GMT
By the Oil Desk at Freight Investor Services.

Harvey is gone, but the effect on production and oil rigs remains
04 Sep 2017 07:49 GMT
By A/S Global Risk Management.

Bunker broking firm launched in Connecticut
01 Sep 2017 11:10 GMT
New company is headed by experienced bunker professional Sandi Ennor.

Hellenic Petroleum reports rise in bunker sales demand
01 Sep 2017 09:39 GMT
Greek refiner recorded an increase in bunker sector sales in Q2 and H1.

Oil and fuel oil hedging market update
01 Sep 2017 09:22 GMT
By the Oil Desk at Freight Investor Services.

Sentiment of ample supply remains, ignoring Harvey, Libya
01 Sep 2017 07:22 GMT
By A/S Global Risk Management.

Moore Stephens warns of exposure to changing risk landscape
01 Sep 2017 00:06 GMT
Shipping survey suggests management of risk has improved slightly over the last 12 months.

Dan-Bunkering appoints Office Manager in Monaco
01 Sep 2017 00:02 GMT
Laura Torti joins bunker firm.



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