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Home » News » News Archive - March 2010

News Archive - March 2010

Praxis Market Update
30 Mar 2010 16:52 GMT

GAC signs multi-service agreement
30 Mar 2010 11:12 GMT
Worldwide multi-service agreement signed with LNG shipping firm.

Rotterdam Market Report
30 Mar 2010 10:42 GMT

Market Briefing
30 Mar 2010 10:22 GMT

Sinopec aims to increase fuel oil market share
30 Mar 2010 08:41 GMT
Asia's leading refiner says that 'greater efforts' will be made to increase sales of fuel oil.

Narrowing losses for emulsion fuel specialist
30 Mar 2010 07:57 GMT
After-tax losses down from the previous year during the last six months of 2009.

Singapore Market Commentary (with evening update)
30 Mar 2010 06:32 GMT

Praxis Market Update
29 Mar 2010 17:12 GMT

Leading companies form ocean business alliance
29 Mar 2010 16:19 GMT
Business leaders from a diverse range of industries form international business alliance on ocean sustainability.

Rotterdam Market Report
29 Mar 2010 10:41 GMT

Market Briefing
29 Mar 2010 10:01 GMT

Amendments to MARPOL Convention adopted
29 Mar 2010 09:26 GMT
MEPC adopts amendments to establish North American ECA and Antarctic fuel ban.

Agreement to buy Shell NZ downstream assets
29 Mar 2010 07:41 GMT
Deal includes the acquisition of marine fuel supply facilities and a stake in the Marsden Point oil refinery.

Singapore Market Commentary (with evening update)
29 Mar 2010 06:29 GMT

Praxis Market Update
26 Mar 2010 17:35 GMT

KPI Bridge Oil appoints broker and trader in New York
26 Mar 2010 14:57 GMT
Experienced marine fuel professional joins KPI Bridge Oil's New York office.

Russian bunker supply tender announced
26 Mar 2010 14:22 GMT

Oil water separator completes MEPC 107(49) certification
26 Mar 2010 12:18 GMT
Patented system uses a combination of physical and biological means to treat oily bilge water.

Rotterdam Market Report
26 Mar 2010 11:14 GMT

Market Briefing
26 Mar 2010 10:42 GMT

Refiner sells lower-priced fuel oil cargoes
26 Mar 2010 10:16 GMT
Oil firm sells two fuel oil cargoes totalling 145,000 tonnes for delivery next month.

Singapore Market Commentary (with evening update)
26 Mar 2010 06:29 GMT

Office move for Wilhelmsen Premier Marine Fuels
25 Mar 2010 13:42 GMT
UK-based bunker broking firm to relocate to Wilhelmsen Ships Service office in Kent.

Praxis Market Update
25 Mar 2010 12:12 GMT

Rotterdam Market Report
25 Mar 2010 11:21 GMT

Market Briefing
25 Mar 2010 10:02 GMT

Aegean acquires Difko Chaser
25 Mar 2010 07:31 GMT
Double-hull panamax tanker to be used as floating storage in Fujairah.

New Sales and Marketing Assistant at KPI Bridge Oil Seattle
25 Mar 2010 06:58 GMT
Bunker firm expands Seattle team with latest appointment.

Singapore Market Commentary (with evening update)
25 Mar 2010 06:28 GMT

Praxis Market Update
24 Mar 2010 15:52 GMT

Study says EEDI baseline should represent entire range
24 Mar 2010 13:18 GMT
Energy Efficiency Design Index baseline should represent full range of ship sizes and types, says report.

Support for H2S limits on bunker fuel
24 Mar 2010 12:46 GMT
Equipment supplier welcomes ISO proposal to set hydrogen sulphide limits on bunker fuel.

Market Briefing
24 Mar 2010 10:28 GMT

Rotterdam Market Report
24 Mar 2010 10:23 GMT

COSCO Intl plans to expand bunker business
24 Mar 2010 07:22 GMT
Shipping group plans to 'actively expand' into new business areas related to the sale of marine fuel.

Singapore Market Commentary (with evening update)
24 Mar 2010 06:31 GMT

Going slow to reduce ship emissions
24 Mar 2010 00:31 GMT
Study says use of fleet overcapacity could cut ship GHG emissions by a third.

Praxis Market Update
23 Mar 2010 16:02 GMT

MOL develops diesel particulate filter
23 Mar 2010 14:53 GMT
Diesel particulate filter for vessels using heavy fuel oil is said to have removed over 80 percent of particulate matter.

Rotterdam Market Report
23 Mar 2010 11:24 GMT

OW Bunker appoints Branch Manager in Hamburg
23 Mar 2010 10:52 GMT
Asset management specialist to head up Wrist Bunker Supply GmbH and Wrist World Wide Trading GmbH.

Market Briefing
23 Mar 2010 09:28 GMT

Aegean takes delivery of two tanker newbuilds
23 Mar 2010 06:39 GMT
Supplier expands delivery capacity in the United Arab Emirates and Singapore.

Singapore Market Commentary (with evening update)
23 Mar 2010 06:22 GMT

KPI Bridge Oil appoints accountant in the UK
22 Mar 2010 16:42 GMT
Appointment said to be part of company's aim to maintain firm financial control and support for future growth.

Praxis Market Update
22 Mar 2010 15:42 GMT

Agreement to develop LNG-powered vessels
22 Mar 2010 12:23 GMT
Wärtsilä and Samsung Heavy Industries in agreement to jointly develop next-generation ships.

Rotterdam Market Report
22 Mar 2010 11:12 GMT

Market Briefing
22 Mar 2010 10:02 GMT

Port Everglades breaks cruise record
22 Mar 2010 09:42 GMT
Good news for bunker sales volumes as Florida port sets world record for passenger throughput.

UK event examines green shipping issues
22 Mar 2010 07:12 GMT
Shipowners meet to discuss fuel efficiency, emissions, scrubbers and fuel quality.

Singapore Market Commentary (with evening update)
22 Mar 2010 06:23 GMT

KPI Bridge Oil appoints new Head of Finance
19 Mar 2010 17:21 GMT
Experienced shipping professional is appointed Head of Finance & Administration in Valparaiso.

Praxis Market Update
19 Mar 2010 15:07 GMT

Protection of the Sea Levy to rise in April
19 Mar 2010 13:13 GMT
Australian Maritime Safety Authority reveals that the Protection of the Sea Levy will increase from next month.

Gas as ship fuel - a clean alternative to heavy fuel oil
19 Mar 2010 13:04 GMT
Event held to address aspects related to using LNG as an alternative ship fuel.

Rotterdam Market Report
19 Mar 2010 10:48 GMT

Market Briefing
19 Mar 2010 10:32 GMT

North American ECA high on agenda at IMO meeting
19 Mar 2010 10:27 GMT
North American ECA, GHG measures and Antarctic heavy fuel ban to be addressed at MEPC 60.

Brightoil acquires second ocean-going tanker
19 Mar 2010 09:28 GMT
Chinese supplier further expands its fleet of vessels with latest tanker acquisition.

Singapore Market Commentary (with evening update)
19 Mar 2010 06:38 GMT

Praxis Market Update
18 Mar 2010 14:34 GMT

Rotterdam Market Report
18 Mar 2010 10:40 GMT

Statoil approves fuel business IPO
18 Mar 2010 10:22 GMT
Board of directors approves selling a stake of its transport fuel business in an initial public offering.

Market Briefing
18 Mar 2010 09:58 GMT

IBME appoints South American trader in Dubai
18 Mar 2010 08:36 GMT
Experience bunker professional to focus on the South American market in his new role with UAE firm.

OW: Suppliers should support owners in compliancy drive
18 Mar 2010 06:36 GMT
Danish firm says a partnership-based relationship founded on an understanding of the technical issues is key to success.

Singapore Market Commentary (with evening update)
18 Mar 2010 06:24 GMT

New broker and trader at KPI Bridge Oil New York
17 Mar 2010 16:32 GMT
Global bunker firm expands US team with latest appointment.

Praxis Market Update
17 Mar 2010 16:09 GMT

Venezuela: Product availability update
17 Mar 2010 13:31 GMT
Bunker supplier PDVSA provides update on product availability in Venezuelan ports.

Rotterdam Market Report
17 Mar 2010 10:59 GMT

Market Briefing
17 Mar 2010 10:38 GMT

Countdown to South Africa bunker event (FREE)
17 Mar 2010 10:18 GMT
Special offer available to Bunker Index users that quote "mktg-mp-bi” when registering.

Kasbar enters into stock trading plan
17 Mar 2010 08:53 GMT
World Fuel Services President to sell company stock in newly-adopted plan for 2010.

KPI Bridge Oil appoints Chief Accountant in Singapore
17 Mar 2010 06:52 GMT
Global broker and trader expands Singapore team with latest appointment.

Singapore Market Commentary (with evening update)
17 Mar 2010 06:42 GMT

Compass appoints two bunker brokers
16 Mar 2010 15:34 GMT
UK-based firm expands team with the appointment of two brokers.

Praxis Market Update
16 Mar 2010 15:02 GMT

New marine fuel filter system revealed
16 Mar 2010 11:31 GMT
Marine fuel filter system is said to be compatible with any fuel and any flow rate.

Market Briefing
16 Mar 2010 10:34 GMT

Port invites entries for 2010 eco award
16 Mar 2010 10:05 GMT
Annual marine environmental award to be presented in May. Local barge operators could be nominated.

New address for Turkish bunker firm
16 Mar 2010 09:14 GMT
Turkey-based bunker company relocates to a new office address.

New vessels to cut fuel consumption by 15%
16 Mar 2010 07:51 GMT
New Stena Bulk Suezmax tankers will aim to cut bunker consumption by up to 15 percent.

Singapore Market Commentary (with evening update)
16 Mar 2010 06:42 GMT

Praxis Market Update
15 Mar 2010 17:37 GMT

EU funding to achieve shipping 'breakthrough'
15 Mar 2010 11:18 GMT
Martime research project receives EU funding to produce a breakthrough in eco-friendly shipping solutions.

Market Briefing
15 Mar 2010 10:51 GMT

Rotterdam Market Report
15 Mar 2010 10:42 GMT

Colombo construction agreement expected soon
15 Mar 2010 09:23 GMT
SLPA is expected to finalize an agreement for the construction of a new container terminal.

Bunker firm launched in London
15 Mar 2010 07:01 GMT
New operation aimed at meeting customer fuel requirements in the UK, Ireland and other parts of Europe.

Singapore Market Commentary (with evening update)
15 Mar 2010 06:52 GMT

Praxis Market Update
12 Mar 2010 15:37 GMT

New address for Norwegian Oil Trading
12 Mar 2010 12:22 GMT
Norwegian Oil Trading AS relocates to new office.

Rotterdam Market Report
12 Mar 2010 11:24 GMT

Vopak profit up by 20 percent in 2009
12 Mar 2010 10:45 GMT
Terminal operator says results are due to capacity growth, developments of new terminals and improvements in operational efficiency.

Market Briefing
12 Mar 2010 09:45 GMT

Amsterdam terminal to double storage capacity
12 Mar 2010 07:24 GMT
Boost for bunkering as decision is made to further increase the storage capacity of new Amsterdam terminal.

Singapore Market Commentary (with evening update)
12 Mar 2010 07:04 GMT

Praxis Market Update
11 Mar 2010 15:03 GMT

BIX average falls 3.3 percent in February
11 Mar 2010 12:09 GMT
Average monthly global bunker price decreases by $18.82 per tonne in February.

Bunker Index (BIX) statistical summary
11 Mar 2010 11:39 GMT
Key monthly Bunker Index (BIX) data provided in price summary.

Rotterdam Market Report
11 Mar 2010 10:37 GMT

Market Briefing
11 Mar 2010 10:25 GMT

Fuel reimbursement scheme 'bigger and better' in 2010
11 Mar 2010 08:01 GMT
Port says its reimbursement programme is on course to cut sulphur emissions more than in 2009.

Bunker firm announces pour point breakthrough
11 Mar 2010 07:16 GMT
Company claims it has successfully achieved a breakthrough in research on its proprietary pour point depressant.

Singapore Market Commentary (with evening update)
11 Mar 2010 06:58 GMT

KPI Bridge Oil Valparaiso appoints trader
10 Mar 2010 18:03 GMT
Global broker and trader expands trading team with the appointment of bunker trader in Valparaiso.

Praxis Market Update
10 Mar 2010 16:09 GMT

Evergreen launches eco website
10 Mar 2010 14:28 GMT
New website launched as part of the company's aim to develop a sustainable global container transportation system.

Rotterdam Market Report
10 Mar 2010 11:37 GMT

Market Briefing
10 Mar 2010 10:38 GMT

Rotterdam fuel oil trade up in 2009
10 Mar 2010 10:22 GMT
The number of VLCCs transporting fuel oil to the Far East increases in 2009.

Rotterdam tank terminal contract awarded
10 Mar 2010 09:02 GMT
Contract awarded to build a new 465,000 cubic metre tank terminal in the port of Rotterdam.

World's largest solar-powered boat unveiled
10 Mar 2010 07:24 GMT
102-foot catamaran powered exclusively by deck-mounted solar cells is unveiled.

Singapore Market Commentary (with evening update)
10 Mar 2010 06:38 GMT

Praxis Market Update
09 Mar 2010 14:52 GMT

KPI Bridge Oil appoints trader in Singapore
09 Mar 2010 12:48 GMT
Global broker and trader expands Singapore team with latest appointment.

Fishing vessel uses towing kite to save fuel
09 Mar 2010 12:21 GMT
Germany's largest fishing vessel adds innovative wind propulsion system to reduce bunker costs.

Chemoil appoints Vice President, Trading for the Americas
09 Mar 2010 11:48 GMT
Emilio Heredia takes over from Douglas Long, following his resignation earlier this month.

Market Briefing
09 Mar 2010 11:03 GMT

Rotterdam Market Report
09 Mar 2010 10:45 GMT

Science a step closer to biofuel for ships
09 Mar 2010 08:01 GMT
Leading ship operator prepares for the sale of sustainable biofuels to ships in large volumes.

Singapore Market Commentary (with evening update)
09 Mar 2010 06:21 GMT

Praxis Market Update
08 Mar 2010 16:29 GMT

KPI Bridge Oil continues UK expansion
08 Mar 2010 14:32 GMT
Global broker and trader expands UK team with latest appointment at its London office.

Bunker hedging without liquidity risk
08 Mar 2010 12:13 GMT
Danish firm explains how fuel risk managers can protect themselves against rising prices.

Colombo terminal construction to start in June - source
08 Mar 2010 11:28 GMT
Bunker boost for Colombo with news that construction of the port's fourth container terminal is scheduled to begin in June.

Market Briefing
08 Mar 2010 10:21 GMT

Rotterdam Market Report
08 Mar 2010 10:15 GMT

Egypt awards concession for East Port Said terminal
08 Mar 2010 07:34 GMT
New terminal to be used for the handling and storage of petroleum and liquid bulk products and the bunkering of ships.

Singapore Market Commentary (with evening update)
08 Mar 2010 06:24 GMT

Emulsified marine fuel demonstration 'successful'
05 Mar 2010 18:14 GMT
US firm announces successful demonstration on board container ferry using emulsified diesel marine fuel.

Maersk in agreement to develop emulsion fuel
05 Mar 2010 16:52 GMT
Shipping giant in agreement with UK firm to jointly develop a marine version of MSAR emulsion fuel.

Praxis Market Update
05 Mar 2010 14:28 GMT

Course offers 10% discount to Bunker Index users (FREE)
05 Mar 2010 13:08 GMT
Special offer available to Bunker Index users that quote "mktg-mp-bi” when registering.

Rotterdam Market Report
05 Mar 2010 10:54 GMT

Market Briefing
05 Mar 2010 09:31 GMT

New ship design 'perfect' for distribution of LNG
05 Mar 2010 09:12 GMT
Design firm says new vessel contributes to the development of a sustainable distribution network for LNG.

Singapore Market Commentary (with evening update)
05 Mar 2010 06:52 GMT

World Fuel Services declares cash dividend
04 Mar 2010 13:27 GMT
Quarterly cash dividend follows 20 percent rise in Q4 2009 net income.

Rotterdam Market Report
04 Mar 2010 11:12 GMT

Safety warning over Trieste low sulphur ruling
04 Mar 2010 11:03 GMT
Association says ship safety may be sacrificed in order to generate harbour funds via euro fines.

Market Briefing
04 Mar 2010 10:19 GMT

Two-year programme to test suitability of biofuels
04 Mar 2010 08:08 GMT
New feasibility study to examine the suitability of biodiesel for use in powering marine engines.

Venezuela: Product availability update
04 Mar 2010 07:14 GMT
Bunker supplier PDVSA provides update on product availability in Venezuelan ports.

Singapore Market Commentary (with evening update)
04 Mar 2010 06:38 GMT

New barge for Colombian supplier
03 Mar 2010 13:01 GMT
Bunker barge will be positioned in the coal-exporting port of Santa Marta.

Praxis Market Update
03 Mar 2010 12:40 GMT

Chile: Bunker delivery update
03 Mar 2010 11:49 GMT
Local supplier confirms that San Antonio is now open with vessels at anchorage waiting to be berthed.

Rotterdam Market Report
03 Mar 2010 10:58 GMT

Market Briefing
03 Mar 2010 09:47 GMT

Andatee records 89 percent sales rise in 2009
03 Mar 2010 08:11 GMT
Chinese supplier expects 'strong growth' in 2010 following 334 percent increase in net income.

Retrofit can cut fuel consumption by 15%, says tech firm
03 Mar 2010 07:07 GMT
New retrofit for existing vessels is said to have an average fuel cost payback of under two years.

Singapore Market Commentary (with evening update)
03 Mar 2010 06:27 GMT

Praxis Market Update
02 Mar 2010 14:21 GMT

Agreement to develop high pressure gas propulsion system
02 Mar 2010 13:02 GMT
Plan to develop environmentally friendly system prototype by the end of this year.

Fuel oil imports into South China up in February - source
02 Mar 2010 11:03 GMT
Import volumes rise month-on-month in February, but plummet by 65 percent year-on-year.

Market Briefing
02 Mar 2010 10:31 GMT

Rotterdam Market Report
02 Mar 2010 10:22 GMT

US seminar to address air emissions topic
02 Mar 2010 08:08 GMT
Delegates to discuss concerns and actions that address the issue of marine environment protection.

Vopak terminal to raise capacity by 6m barrels
02 Mar 2009 07:34 GMT
Terminal operator plans to spend around $350 million to further expand its operational capacity.

Singapore Market Commentary (with evening update)
02 Mar 2010 06:28 GMT

OW Bunker appoints senior trader in Dubai
01 Mar 2010 17:19 GMT
Experienced trader takes on new role aimed at strengthening the company's position in the Middle East.

Praxis Market Update
01 Mar 2010 16:29 GMT

Chinese firm acquires Zhoushan tank farm
01 Mar 2010 13:49 GMT
Bunker player increases its presence in Zhoushan with acquisition of tank farm.

Low consumption engines for polar supply vessel
01 Mar 2010 13:14 GMT
Low emission engines to be delivered to vessel, which will be used as a tanker to carry fuel oil to the Antarctic.

Rotterdam Market Report
01 Mar 2010 11:33 GMT

Market Briefing
01 Mar 2010 10:34 GMT

WOC announces ocean sustainability conference
01 Mar 2010 10:27 GMT
World Ocean Council to host event on sustainable development of the marine environment.

Tier-II compliant engine ready for delivery
01 Mar 2010 07:32 GMT
New low-speed engine is said to minimize fuel consumption due its 'rate-shaping' injection profile capability.

Singapore Market Commentary (with evening update)
01 Mar 2010 06:38 GMT

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