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Home » News » News Archive - May 2010

News Archive - May 2010

Med average up $15.36 per tonne
28 May 2010 14:22 GMT
BIX MED rises 3 percent to end the week $14.94 per tonne higher than last Friday.

Praxis Market Update
28 May 2010 14:22 GMT

Rotterdam Market Report
28 May 2010 11:54 GMT

MGO up $50/mt in Brazilian ports
28 May 2010 11:02 GMT
Marine gas oil prices rise by $50 per tonne within just 24 hours in Brazil.

Market Briefing
28 May 2010 08:29 GMT

Baltic deal to develop oil spill combat icebreaker
28 May 2010 07:04 GMT
Agreement to build multipurpose vessel capable of collecting oil in demanding ice conditions.

Opet to expand fuel oil trading in Singapore
27 May 2010 20:02 GMT
Turkish firm aiming to bring in up to eight fuel oil cargoes into Singapore this year.

Test run on fuel-saving engine completed
27 May 2010 16:55 GMT
New engine is said to emit 20% less CO2 than diesel engines and improve engine performance by 47%.

Praxis Market Update
27 May 2010 13:03 GMT

Market Briefing
27 May 2010 12:02 GMT

Rotterdam Market Report
27 May 2010 11:58 GMT

Land deal to build Novo fuel oil terminal
27 May 2010 09:42 GMT
Land plots acquired for the construction of a fuel oil terminal in the Black Sea port of Novorossiysk.

BP fuel oil traders resign - source
27 May 2010 07:27 GMT
Members of BP's fuel oil trading desk in Singapore are reported to have left the company.

Singapore Market Commentary (with evening update)
27 May 2010 06:57 GMT

Singapore spill clean-up continues
26 May 2010 16:16 GMT
Dispersants used to break up the oil slick and booms used to prevent the spill from reaching the coastlines.

Ust-Luga: LPG terminal construction underway
26 May 2010 15:33 GMT
Boost for bunker sales growth as work begins on the largest LPG transshipment terminal in Russia.

Praxis Market Update
26 May 2010 13:32 GMT

LNG on the agenda at Copenhagen meeting
26 May 2010 11:52 GMT
LNG as a ship fuel is one of the main topics discussed at Baltic Sea meeting.

Rotterdam Market Report
26 May 2010 11:04 GMT

Market Briefing
26 May 2010 10:52 GMT

World’s most energy-efficient cruise ship
26 May 2010 07:14 GMT
Vessel is said to consume 30 percent less energy than comparable ships thanks to energy-efficient technologies.

Singapore Market Commentary (with evening update)
26 May 2010 05:56 GMT

NuStar Energy acquires Asphalt Holdings
25 May 2010 19:46 GMT
Acquired operations include three terminals with 1.8 million barrel capacity to store crude oil, fuel oil, diesel and asphalt.

IMO to set construction standards for oil tankers
25 May 2010 15:27 GMT
Newly-constructed oil tankers and bulk carriers will have to comply with IMO standards from July 2012.

Singapore tanker collision update
25 May 2010 14:52 GMT
Spill recovery effort in progress as emergency response teams work to contain oil slick.

Praxis Market Update
25 May 2010 13:21 GMT

Rotterdam Market Report
25 May 2010 11:08 GMT

Market Briefing
25 May 2010 11:02 GMT

Tank operator seeks financial partners - sources
25 May 2010 07:55 GMT
Leading storage firm looking to sell minority stake in project to develop Dutch oil terminal facility.

Bunker sales surge for Lanka IOC
25 May 2010 06:46 GMT
Sri Lanka supplier sees bunker sales volumes and revenue skyrocket in the year to March 2010.

Singapore Market Commentary (with evening update)
25 May 2010 05:57 GMT

Cruise line wins eco-award
25 May 2010 05:47 GMT
Cruise line ships win annual award for their 'outstanding record' in safeguarding the environment.

Long Beach RFP to develop liquid bulk terminal
24 May 2010 17:42 GMT
Californian port issues amended proposal for the development of a marine liquid bulk terminal.

EU report: Bunker spill decline in 2009
24 May 2010 13:11 GMT
New study says the total amount of bunker fuel spilled in 2009 decreased in comparison with the previous year.

OW Bunker merges Swedish operation
24 May 2010 11:03 GMT
Supplier says clients will benefit from improved centralized structure and pooling of knowledge.

Japan ups HSFO imports in May
24 May 2010 10:01 GMT
Japan is expected to import around 30,000 tonnes of high sulphur fuel oil this month.

Singapore Market Commentary (with evening update)
24 May 2010 05:32 GMT

Andatee acquires majority stake in tank storage firm
21 May 2010 17:42 GMT
Bunker supplier in agreement to acquire a 52 percent stake in Shandong-based company.

Praxis Market Update
21 May 2010 14:48 GMT

Rotterdam Market Report
21 May 2010 11:16 GMT

Market Briefing
21 May 2010 10:42 GMT

Oiltanking appoints new Managing Director
21 May 2010 10:36 GMT
Asia-Pacific MD to take over from Gust Spaepen in August 2010.

Industry leadership in ocean protection
21 May 2010 09:54 GMT
World Ocean Council says 'corporate ocean responsibility' must define policies in the marine environment.

Singapore Market Commentary (with evening update)
21 May 2010 07:07 GMT

Chemoil ready to meet ARA 1.0%S demand
21 May 2010 07:02 GMT
Supplier says it is 'well prepared' to meet customer demand for 1.0% sulphur RMG380 from July 1st.

Praxis Market Update
20 May 2010 17:28 GMT

State oil company in Fujairah terminal tie-up
20 May 2010 15:32 GMT
Terminal facility to be managed by joint company offering storage capacity to third parties.

Market Briefing
20 May 2010 10:58 GMT

Rotterdam Market Report
20 May 2010 10:53 GMT

Bureau Veritas backs natural gas propulsion
20 May 2010 07:44 GMT
Classification society says natural gas-powered propulsion will be a major contributor to greener shipping.

Petrobras offers 1%S 380-cst in Singapore
20 May 2010 07:19 GMT
Brazilian supplier offering 1.00% sulphur 380-centistoke fuel oil at the world's leading bunker port.

Magellan selected to build Port Everglades terminal
20 May 2010 06:56 GMT
Committee selects Oklahoma firm to construct bunker storage facility in Port Everglades.

Singapore Market Commentary (with evening update)
20 May 2010 05:44 GMT

Grindrod acquires ABC Bunkeroils
19 May 2010 15:58 GMT
South African firm says acquisition of ARA supplier forms part of its international expansion strategy.

COPEC acquires indirect stake in Terpel
19 May 2010 15:32 GMT
COPEC in agreement to acquire 47.2% stake in the company that controls Colombian supplier Terpel.

Praxis Market Update
19 May 2010 13:46 GMT

Fuel oil removed from vessel off St. Lucia
19 May 2010 13:27 GMT
Salvage firm says it has successfully removed 230 tonnes of fuel from a submerged vessel off St. Lucia.

Market Briefing
19 May 2010 11:24 GMT

Rotterdam Market Report
19 May 2010 11:14 GMT

Towage firm orders fuel-efficient eco-tugs
19 May 2010 07:17 GMT
New diesel-electric tugs form part of company's eco-plan to cut fuel consumpton and use alternative fuels.

Fuel management project with GPS tracking
19 May 2010 06:11 GMT
GPS tracking to work in tandem with fuel management system on offshore support vessels in West Africa.

Singapore Market Commentary (with evening update)
19 May 2010 05:55 GMT

MISC acquires 50 percent of VTTI
18 May 2010 15:32 GMT
Shipping line says deal is 'milestone' towards becoming a leading energy-based transportation and logistics services provider.

Praxis Market Update
18 May 2010 12:32 GMT

Rotterdam Market Report
18 May 2010 12:06 GMT

Market Briefing
18 May 2010 08:48 GMT

Andatee announces Q1 2010 results
18 May 2010 08:22 GMT
Slight decline in net income despite rise in first quarter revenues and gross profit

3-in-1 emission abatement system launched
18 May 2010 07:37 GMT
New system is said to be the first to reduce CO2, SO2 and NOx in a single system and by a single process.

Bunker service launched in Pakistan
18 May 2010 06:54 GMT
New bunker delivery service at Karachi, Gawader and Port Muhammad Bin Qasim.

Singapore Market Commentary (with evening update)
18 May 2010 06:05 GMT

Aegean announces offering of common stock
18 May 2010 00:41 GMT
Shareholder offers 4 million shares of common stock in an underwritten public offering.

Praxis Market Update
17 May 2010 14:01 GMT

Hamburg Süd to install fuel-saving technology
17 May 2010 13:02 GMT
Ship operator aims to achieve fuel savings of up to 5 percent with new decision support system.

Market Briefing
17 May 2010 11:26 GMT

Rotterdam Market Report
17 May 2010 11:07 GMT

OW Bunker strengthens Swiss operations
17 May 2010 11:04 GMT
Leading bunker firm appoints Sales Manager at its office in Geneva.

Cruise line wins award for reducing consumption
17 May 2010 07:11 GMT
Holland America Line gets award in recognition of its efforts to cut fuel consumption and emissions.

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

Praxis Market Update
14 May 2010 12:37 GMT

Lindsay Blee seeks bunker broker/trader (FREE)
14 May 2010 11:53 GMT
UK-based firm announces that it is looking to employ a broker/trader to join its expanding team.

Rotterdam Market Report
14 May 2010 11:42 GMT

Market Briefing
14 May 2010 11:01 GMT

New cold ironing system launched
14 May 2010 07:42 GMT
New system is said to be a cost-competitive alternative to current freightliner cold ironing systems.

Chemoil posts $13.5m loss in Q1
14 May 2010 07:12 GMT
Supplier reports decrease in earnings despite 78 percent rise in first quarter revenue.

Singapore Market Commentary
14 May 2010 06:37 GMT

Praxis Market Update
13 May 2010 12:59 GMT

Singapore sales surpass 3.4m tonnes
13 May 2010 12:44 GMT
New monthly record for Singapore as 500-cst volumes skyrocket 27.8 percent in April.

Aegean to acquire Shell Las Palmas terminal
13 May 2010 07:39 GMT
Acquisition of bunker and lubricants facility is expected to be completed by the end of July.

Aegean posts $9.7m rise in net income
13 May 2010 07:13 GMT
Net income increases to $14.1 million for the first three months of 2010.

Singapore Market Commentary
13 May 2010 06:39 GMT

Maersk: Average bunker price up 87%
12 May 2010 18:18 GMT
Danish group reveals that the average fuel price rose by 87 percent during the first quarter of 2010.

Andatee to host Q1 2010 conference call
12 May 2010 15:32 GMT
Chinese supplier will conduct a conference call next week to discuss its first quarter 2010 results.

Praxis Market Update
12 May 2010 15:08 GMT

Rotterdam Market Report
12 May 2010 11:18 GMT

Market Briefing
12 May 2010 10:02 GMT

MOL ups BAF on US and South African trades
12 May 2010 09:46 GMT
Shipper to increase surcharge on trades to the United States and South Africa via Europe from next month.

Global Risk seminar scheduled for June
12 May 2010 09:26 GMT
Global Risk Management will be conducting a seminar at its Middelfart office next month.

Aegean takes delivery of two tankers
12 May 2010 06:47 GMT
Newbuilds from China are expected to be deployed in West Africa and the United Arab Emirates.

Singapore Market Commentary (with evening update)
12 May 2010 06:37 GMT

Petrobras offers 1%S 380-cst in Rotterdam
11 May 2010 13:38 GMT
Brazilian bunker supplier offering 1.00% sulphur 380-centistoke fuel oil in Rotterdam.

Praxis Market Update
11 May 2010 13:19 GMT

Rotterdam Market Report
11 May 2010 12:28 GMT

Market Briefing
11 May 2010 10:31 GMT

Fuel quality warning in US Gulf
11 May 2010 10:07 GMT
Alert service says it has received reports of fuel pump sticking and engine problems.

APL launches eco-website
11 May 2010 07:29 GMT
New website highlights initiatives undertaken by APL to reduce air emissions.

0.1 percent survey reveals 'potentially critical issues'
11 May 2010 06:43 GMT
New survey documents fuel segregation, filter choking and fuel pump seizure issues.

Singapore Market Commentary (with evening update)
11 May 2010 06:33 GMT

Praxis Market Update
10 May 2010 14:32 GMT

Lindsay Blee completes office move
10 May 2010 13:18 GMT
UK-based bunker broking firm now fully installed at its new office building in Henley-on-Thames.

Rotterdam Market Report
10 May 2010 11:42 GMT

Market Briefing
10 May 2010 10:04 GMT

Bominflot appoints US President
10 May 2010 08:21 GMT
New President and Chief Executive Officer of Bominflot's US-based companies is appointed.

Air pollution review and approval service launched
10 May 2010 07:42 GMT
Tanker owners offered new service to help them achieve compliance with impending IMO legislation.

Illegal oil spills decline in Baltic Sea
10 May 2010 07:01 GMT
The number of illicit oil discharges from ships in the Baltic Sea drops by 63 percent over a 10-year period.

Singapore Market Commentary (with evening update)
10 May 2010 06:11 GMT

Wilhelmsen reports 13% rise in port calls
07 May 2010 15:15 GMT
Upward trend bodes well for bunker division as new service agreement is also signed.

Praxis Market Update
07 May 2010 14:36 GMT

GAC sets up energy specialist arm in Houston
07 May 2010 11:32 GMT
Business launch delivers boost to GAC's bunker supply and ship agency services in the Americas.

Market Briefing
07 May 2010 11:19 GMT

Rotterdam Market Report
07 May 2010 10:12 GMT

'Successful' deliveries for first SGX 380-cst contract
07 May 2010 09:56 GMT
SGX announces the completion of loading for all deliverable positions of its April 380-cst contract.

Promotions announced at A/S Dan-Bunkering
07 May 2010 09:28 GMT
Kasper Fulton Stiedl and Rune Andreasen will each lead their individual teams as Senior Bunker Traders and Team Leaders.

Singapore Market Commentary (with evening update)
07 May 2010 06:24 GMT

Bunker Index expands Argentina price service
06 May 2010 13:55 GMT
Daily price service for the Argentina bunker market is expanded with the addition of 12 delivery locations.

Praxis Market Update
06 May 2010 12:58 GMT

Market Briefing
06 May 2010 11:04 GMT

Rotterdam Market Report
06 May 2010 10:55 GMT

Bunker Index increases Chilean price coverage
06 May 2010 09:51 GMT
Daily price assessments launched for 16 Chilean bunker ports.

Bunker Index adds prices for 18 Brazilian ports
06 May 2010 09:22 GMT
Brazilian price coverage is increased with the addition of prices for 18 ports.

Singapore Market Commentary (with evening update)
06 May 2010 06:47 GMT

BIX price average up 4.4 percent in April
05 May 2010 18:42 GMT
Average monthly global bunker price increases by $24.99 per tonne in April.

Bunker Index (BIX) statistical summary
05 May 2010 18:32 GMT
Key monthly Bunker Index (BIX) data provided in price summary.

Praxis Market Update
05 May 2010 16:22 GMT

Bunker Index expands Black Sea price coverage (FREE)
05 May 2010 15:32 GMT
South Europe price section expanded with the addition of port prices in the Black Sea region.

Market Briefing
05 May 2010 10:58 GMT

Rotterdam Market Report
05 May 2010 10:56 GMT

WFS posts 30.6 percent rise in Q1 net income
05 May 2010 06:39 GMT
World Fuel Services records a US$7.9 million year-on-year increase in net income during the first quarter.

Singapore Market Commentary (with evening update)
05 May 2010 06:17 GMT

Petrobras announces new BDN procedure
04 May 2010 18:26 GMT
Brazilian supplier says it will state the 'actual sulphur content' of products in its Bunker Delivery Notes.

Praxis Market Update
04 May 2010 11:32 GMT

Market Briefing
04 May 2010 11:04 GMT

Rotterdam Market Report
04 May 2010 10:58 GMT

Bunker Index adds prices for 11 Chinese ports (FREE)
04 May 2010 09:27 GMT
Asia price section expanded with the addition of port prices in China and Taiwan.

Brightoil takes delivery of ocean-going tanker
04 May 2010 06:59 GMT
Chinese supplier says latest acquisition is an important step towards achieving its long-term goals.

MPA announces bunker licensing initiatives
04 May 2010 06:06 GMT
Singapore to implement new bunker licensing initiatives from October 2010.

Singapore Market Commentary (with evening update)
04 May 2010 05:23 GMT

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