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Home » News » News Archive - January 2018


News Archive - January 2018

Rolls-Royce to upgrade six PSVs with battery power
30 Jan 2018 13:22 GMT
Deal includes option for a further two offshore vessels.

SEA\LNG launches LNG bunker resource tool
30 Jan 2018 13:11 GMT
Service is designed to provide access to the latest developments in the global LNG bunkering infrastructure.

GTT inks LNG agreement with CHI
30 Jan 2018 11:51 GMT
Deal covers LNG-fuelled newbuilds, retrofits, small-scale carriers and FLNGVs.

MoU signed to develop LPG bunkering hub in South Korea
30 Jan 2018 10:27 GMT
Project includes the development of infrastructure for ship-to-ship refuelling.

Oil and fuel oil hedging market update
30 Jan 2018 09:13 GMT
By the Oil Desk at Freight Investor Services.

Is Brent going to continue the decline?
30 Jan 2018 08:49 GMT
By A/S Global Risk Management.

MOL signs deal to build LNG-fuelled tugboat
29 Jan 2018 17:41 GMT
Construction slated to start in February, with completion expected to be 12 months later.

Long-term home port agreement signed for LNG bunkering pontoon in Amsterdam
29 Jan 2018 14:33 GMT
Titan LNG's FlexFueler001 will be based at the Dutch port's America Harbour.

Feb 6 launch for world's biggest boxship with fuel-saving features
29 Jan 2018 12:23 GMT
Ship fitted with bunker-saving engine and Becker Twisted Fin.

Oil and fuel oil hedging market update
29 Jan 2018 09:13 GMT
By the Oil Desk at Freight Investor Services.

Brent falls below $70 as U.S. oil rig count jumps
29 Jan 2018 08:39 GMT
By A/S Global Risk Management.

Four Japanese firms plan LNG bunker business in Chubu
26 Jan 2018 15:41 GMT
K Line, NYK, Toyota Tsusho and Chubu Electric Power in discussions to supply LNG to ships in central Japan.

AET names four bunker-saving newbuild tankers
26 Jan 2018 12:30 GMT
Another two vessels are set to be the world's first LNG dual-fuelled Aframax tankers when launched later this year.

Monjasa targets operator for Panama office
26 Jan 2018 10:11 GMT
Click for details on the position and how to apply.

Monjasa seeks bunker trader in Panama
26 Jan 2018 09:20 GMT
Deadline date for applications in February 22.

After touching $71.2 yesterday, Brent is currently trading just above $70
26 Jan 2018 09:10 GMT
By A/S Global Risk Management.

Oil and fuel oil hedging market update
26 Jan 2018 09:02 GMT
By the Oil Desk at Freight Investor Services.

New UAE updates on spill dispersants and ships carrying oil products
25 Jan 2018 16:40 GMT
Updated requirements for loading and discharging; approved list of oil spill dispersants for Fujairah.

GoodFuels and Reinplus team up to improve biofuel supply network for inland shipping
25 Jan 2018 15:21 GMT
Biofuel to be made available in Rotterdam and inland routes via Reinplus's supply network.

Monjasa records 'steep increase' in Persian Gulf cruise ship volumes
25 Jan 2018 11:35 GMT
'Cruise lines increasingly appreciate the well-documented quality and origin of our supplied oil products', says supplier.

Oil and fuel oil hedging market update
25 Jan 2018 09:33 GMT
By the Oil Desk at Freight Investor Services.

Will the seventies be here to stay this time?
25 Jan 2018 08:28 GMT
By A/S Global Risk Management.

Geos advises clients to book early as Par Petroleum trucks are 'very busy'
25 Jan 2018 07:35 GMT
Truck firm used to perform MGO deliveries is said to be experiencing high demand from non-marine clients.

Hempel launches 'fuel efficiency intelligence' solution
24 Jan 2018 13:55 GMT
Use of SHAPE in combination with Hempel's hull coatings is said to provide documented fuel savings.

Oil and fuel oil hedging market update
24 Jan 2018 09:52 GMT
By the Oil Desk at Freight Investor Services.

Brent made another attempt to reach $70, but stocks data weighs on price
24 Jan 2018 09:33 GMT
By A/S Global Risk Management.

OPL operation in full swing for Black Sea bunker supplier
24 Jan 2018 08:55 GMT
PMG Holding's OPL Ukraine service has been operating for almost three months.

Kaeline Group acquires Sea Bunkering International
24 Jan 2018 07:23 GMT
Kaeline aims to drive growth of bunker and lubricant volumes with acquisition.

Record Northern Sea Route volume prompts fresh call for HFO ban
23 Jan 2018 12:07 GMT
Clean Arctic Alliance calls for member state support at MEPC 72 in April.

Gulf Petrochem rebrands as GP Global
23 Jan 2018 10:28 GMT
Company says new identity builds on vision to become a global energy conglomerate.

Fuel-saving hybrid patrol vessel launched in Rotterdam
23 Jan 2018 10:12 GMT
Vessel is said to be 'much more efficient' than the port authority's other vessels, using 'considerably less fuel'.

Brent heads towards $70 on improved economic outlook, Saudi comments
23 Jan 2018 09:48 GMT
By A/S Global Risk Management.

Oil and fuel oil hedging market update
23 Jan 2018 09:40 GMT
By the Oil Desk at Freight Investor Services.

Rotterdam launches incentive scheme for bunker-saving inland shipping projects
23 Jan 2018 08:31 GMT
New scheme designed to promote clean inland shipping and sustainable logistics in Rotterdam.

Port authority president lauds plan to develop 'Adriatic hub' for LNG bunkering
22 Jan 2018 14:47 GMT
Venice prepares for LNG bunker demand with projects to build supply barge and terminal.

Quadrise 'not aware of any specific reason' for 32% drop in share price
22 Jan 2018 12:45 GMT
MSAR supplier expects fuel production and combustion phases in Saudi Arabia to be completed in Q1 and H2 respectively.

Myanmar accedes to bunker pollution damage treaty
22 Jan 2018 11:34 GMT
Ratification brings the number of states to accede to IMO's treaty to 87.

Oil and fuel oil hedging market update
22 Jan 2018 09:02 GMT
By the Oil Desk at Freight Investor Services.

Oil supported by drops in U.S. oil rigs and Saudi, Russia comments
22 Jan 2018 08:24 GMT
By A/S Global Risk Management.

Skangas confirms naming ceremony for LNG vessel
19 Jan 2018 19:01 GMT
Vessel is due to start transporting LNG to the Pori and Tornio terminals in Finland.

Fuel-saving coal carrier delivered to K Line
19 Jan 2018 17:13 GMT
Corona Wisdom was constructed at Imabari Shipbuilding Group's Shin Kasado Dockyard.

Bunker-saving Stena Immortal named in digital ceremony
19 Jan 2018 16:03 GMT
Ship's fuel consumption is said to be 10-20% lower than that of equivalent vessels.

Oil and fuel oil hedging market update
19 Jan 2018 10:09 GMT
By the Oil Desk at Freight Investor Services.

Oil is taking a breather on mixed news
19 Jan 2018 08:48 GMT
By A/S Global Risk Management.

Fenosa and Balearia ink Spain's first multi-year LNG bunker supply deal
18 Jan 2018 17:17 GMT
10-year accord will see Fenosa act as exclusive LNG supplier at all Iberian Peninsula ports.

Cockett seeks credit controller in Dubai
18 Jan 2018 15:45 GMT
New job opportunity at bunker firm's head office.

Part-load optimisation delivers bunker savings for MAN auxiliary engines
18 Jan 2018 13:23 GMT
MAN Diesel reports typical fuel oil savings of up to 5 g/kWh.

Petrobras reveals barge fleet for Vitoria, Praia Mole and Tubarao
18 Jan 2018 11:07 GMT
Fleet comprises two vessels capable of supplying both IFO and MGO, and one solely for distillates.

U.S. crude inventories continue to decline.
18 Jan 2018 09:08 GMT
By A/S Global Risk Management.

Oil and fuel oil hedging market update
18 Jan 2018 09:02 GMT
By the Oil Desk at Freight Investor Services.

Queen Elizabeth's fuel supply system equipment made in UK
17 Jan 2018 14:10 GMT
The thermal expansion vessels for the fuel supply system were manufactured by Abbot & Co.

Open season launched for Germany's first LNG terminal
17 Jan 2018 11:33 GMT
Construction envisaged after a final investment decision in 2019.

Ivar Oil rebrands as ScanOcean, refreshes team with Carlberg and Ahlqvist
17 Jan 2018 10:05 GMT
Newly rebranded business to focus on purchasing, trading and physical MGO deliveries in Sweden.

After closing earlier this week above $70, Brent is now around $68.8
17 Jan 2018 09:47 GMT
By A/S Global Risk Management.

Oil and fuel oil hedging market update
17 Jan 2018 09:41 GMT
By the Oil Desk at Freight Investor Services.

VPS tops Singapore list with most licensed bunker surveyors
16 Jan 2018 16:07 GMT
VPS, Lighthouse Marine and Viswalab are firms with largest number of licensed surveyors.

Project to test EAL influence on stern tube bearing failures
16 Jan 2018 12:47 GMT
DNV GL to oversee laboratory testing by Leonardo Testing Services at the University of Sheffield.

Malik appoints senior bunker trader
16 Jan 2018 11:25 GMT
Danish supplier strengthens sales team with the addition of experienced trader.

E+H and Sinanju top MFM rankings in Singapore
16 Jan 2018 10:35 GMT
E+H the most widely adopted MFM brand; Sinanju vessels top flow rate list.

Oil and fuel oil hedging market update
16 Jan 2018 09:23 GMT
By the Oil Desk at Freight Investor Services.

Brent tested $70 several times and closed at highest level in three years
16 Jan 2018 09:07 GMT
By A/S Global Risk Management.

Petrobras unveils double-hull bunker barge fleet in Santos
15 Jan 2017 17:17 GMT
Supplier says new fleet will 'definitely' speed up operations and reduce waiting times.

Dan-Bunkering announces senior trader promotion
15 Jan 2018 16:35 GMT
Ibrahim Corduk earns promotion in Denmark.

Singapore achieves best 12-month sales figure in its history
15 Jan 2018 13:33 GMT
Rolling 12-month sales surpass 50m tonnes for fourth consecutive month; first ever 50m-tonne calendar year.

Sentek named Singapore's top supplier by sales volume in 2017
15 Jan 2018 12:03 GMT
Petrochina and Chemoil make the top three; Hong Lam Marine and Ocean Bunkering Services rise the most.

Oil and fuel oil hedging market update
15 Jan 2018 10:02 GMT
By the Oil Desk at Freight Investor Services.

Oil continues uptrend despite additional active U.S. oil rigs
15 Jan 2018 09:43 GMT
By A/S Global Risk Management.

Gazpromneft Ocean lubricant brand presented in China
12 Jan 2018 14:43 GMT
Product portfolio includes 15 lube oils for engines operating on various fuel types and on a range of vessels.

Balearia to showcase fuel-related projects in Madrid
12 Jan 2018 13:58 GMT
Operator to highlight the projects it has invested in to improve the sustainability of its fleet.

Global Risk Management announces new hire
12 Jan 2018 11:23 GMT
Camilla Skovsbo Erichsen joins head office as management assistant.

Global Risk Management forms new board of directors
12 Jan 2018 10:31 GMT
Move is linked to Global Risk recently obtaining a licence as an investment firm.

Brent briefly reached $70 yesterday... the highest since 2014
12 Jan 2018 09:14 GMT
By A/S Global Risk Management.

Oil and fuel oil hedging market update
12 Jan 2018 09:08 GMT
By the Oil Desk at Freight Investor Services.

Global Risk Management releases annual oil report
11 Jan 2018 14:17 GMT
Report takes a look at the key factors set to affect oil prices over the next 12 months.

Schulte strengthens position in LNG market with Pronav purchase
11 Jan 2018 11:35 GMT
German group has said it aims to develop several LNG bunker ships in the future.

Eco-conscious Brazilian port chooses Wartsila's bunker-saving hybrid tug
11 Jan 2018 09:53 GMT
The HYTug features hybrid propulsion and energy storage using batteries.

Oil stocks, Iran deal and European central bank meeting in focus
11 Jan 2018 09:31 GMT
By A/S Global Risk Management.

Oil and fuel oil hedging market update
11 Jan 2018 09:24 GMT
By the Oil Desk at Freight Investor Services.

First four orders for new LNG-fuelled, bunker-saving shuttle tanker
10 Jan 2018 11:18 GMT
Ship will 'set new standards for both fuel consumption and CO2 emissions', says Teekay project manager.

Oil and fuel oil hedging market update
10 Jan 2018 09:41 GMT
By the Oil Desk at Freight Investor Services.

Huge draw in weekly crude oil stocks supports prices
10 Jan 2018 09:03 GMT
By A/S Global Risk Management.

Crowley's Ray Martus to oversee completion of LNG-fuelled ConRo ships
10 Jan 2018 08:57 GMT
Both El Coqui and Taino are due to enter service between the U.S. mainland and Puerto Rico in 2018.

Societe Generale is first bank to join SEA\LNG coalition
10 Jan 2018 07:44 GMT
Brings a financial perspective to the group, which aims to accelerate the uptake of LNG as a marine fuel.

Deltamarin and GTT develop LNG fuel tank solutions for long voyages
09 Jan 2018 14:50 GMT
Vessel portfolio includes a container vessel, a pure car and truck carrier (PCTC) and a cruise ship.

Neste marks 70th anniversary with 'passion for renewal' theme
09 Jan 2018 12:07 GMT
Finnish firm highlights innovation in milestone year.

Energy Petrol reports 10% sales growth in 2017
09 Jan 2018 09:48 GMT
Supplier sold 410,000 tonnes last year and is now focused on preparing for 2020.

Oil prices around three-year highs
09 Jan 2018 09:22 GMT
By A/S Global Risk Management.

Oil and fuel oil hedging market update
09 Jan 2018 09:15 GMT
By the Oil Desk at Freight Investor Services.

FortisBC targets ships converting to LNG
08 Jan 2018 16:50 GMT
Utility wants investment in LNG bunkering infrastructure so that British Columbia becomes a west coast hub.

Fenosa launches world's first universal floating LNG transfer system
08 Jan 2018 14:43 GMT
New system expected to drive the development of the small- and medium-scale LNG sectors.

Geos takes over MGO road tanker deliveries at Blyth
08 Jan 2018 12:35 GMT
Development in line with strategy of being in control of supply chain, says commercial director.

Brent remains in a tight trading range, between $67-68
08 Jan 2018 09:16 GMT
By A/S Global Risk Management.

Oil and fuel oil hedging market update
08 Jan 2018 09:09 GMT
By the Oil Desk at Freight Investor Services.

Boxships top bunker consumption ranking: report
05 Jan 2018 15:10 GMT
Container ships, bulkers, and oil tankers accounted for around 62% of global bunker consumption in 2015, report says.

Fuel oil stocks drop 10% in Singapore
05 Jan 2018 12:01 GMT
Decline recorded despite net imports rising to a 33-week high.

TMS Cardiff Gas orders LNGC with dual-fuel propulsion
05 Jan 2018 09:53 GMT
Seven-year time charter contract with Total is due to commence in 2020.

Brent climbed above $68 yesterday, then dipped
05 Jan 2018 09:19 GMT
By A/S Global Risk Management.

Oil and fuel oil hedging market update
05 Jan 2018 09:07 GMT
By the Oil Desk at Freight Investor Services.

Optimism tipped to prevail despite uncertainty over low-sulphur fuel availability
04 Jan 2018 13:25 GMT
Gas fuel will become a more appealing alternative as the price of crude recovers, says Moore Stephens.

Panama ships consumed the most bunker fuel in 2015: report
04 Jan 2018 12:43 GMT
Ships registered in Panama are estimated to have consumed 43.9 million tonnes of fuel in 2015.

Report puts global bunker consumption at 266m tonnes in 2015
04 Jan 2018 11:35 GMT
Figure is lower than the 298m-tonne amount documented by ICCT in October.

Oil and fuel oil hedging market update
04 Jan 2018 09:07 GMT
By the Oil Desk at Freight Investor Services.

Oil hit two-and-a-half-year high as extreme cold, crude draws and Iran tensions supported prices
04 Jan 2018 08:37 GMT
By A/S Global Risk Management.

Hapag-Lloyd revises bunker charges for February
03 Jan 2018 16:21 GMT
Surcharges cover North Europe; the Mediterranean and Black Sea; and the Middle East, Indian Subcontinent and Africa.

Bulker fined in Canada for breaching speed limit
03 Jan 2018 14:02 GMT
Federal Cardinal issued with a fine of $6,000.

Gaslog orders gas carrier with dual-fuel propulsion
03 Jan 2018 11:32 GMT
Newbuild LNG carrier to feature WinGD X-DF engines.

Oil and fuel oil hedging market update
03 Jan 2018 09:28 GMT
By the Oil Desk at Freight Investor Services.

Mixed news keeps oil in tight range
03 Jan 2018 09:00 GMT
By A/S Global Risk Management.

Bermuda Container Line to raise bunker surcharge
02 Jan 2018 14:41 GMT
New fees are to be implemented towards the end of January.

Dansk Olieselskab deal 'will not complete', says Shell
02 Jan 2018 13:07 GMT
Oil major decides to retain ownership in Dansk Shell, but insists $30bn divestment programme is 'on track'.

Equity broker selects Straits Inter Logistics as top stock pick for 2018
02 Jan 2018 12:32 GMT
Selection follows five consecutive quarters of profits for the bunker firm.

Oil and fuel oil hedging market update
02 Jan 2018 09:04 GMT
By the Oil Desk at Freight Investor Services.

Oil prices start off where they finished last year - upwards
02 Jan 2018 08:39 GMT
By A/S Global Risk Management.



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