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Home » News » News Archive - June 2010

News Archive - June 2010

Bureau Veritas classes dual fuel powerships
29 Jun 2010 16:22 GMT
Self-propelled portable power stations can run on heavy fuel or natural gas and plug into national grids where required.

Oil Market Update
29 Jun 2010 14:26 GMT

Praxis Market Update
29 Jun 2010 14:24 GMT

Rotterdam Market Report
29 Jun 2010 11:03 GMT

Partnership in the field of environmental risk evaluation
29 Jun 2010 10:32 GMT
Institutions to work together on the development of environmental risk evaluation criteria with a focus on CO2 and methane.

UAE firm awards terminal construction contract
29 Jun 2010 10:13 GMT
Contract covers initial phase of a major petroleum storage terminal connected to the Port of Fujairah.

Market Briefing
29 Jun 2010 09:05 GMT

DNV launches ECA Survival Kit
29 Jun 2010 07:22 GMT
New 'toolkit' aims to prepare shipowners for stricter emission requirements.

Aegean receives ISO 14001 certificate
29 Jun 2010 06:41 GMT
Leading bunker supplier is awarded certificate for its commitment to environmental management.

ENOC takes the chair at Gulf Energy Maritime
29 Jun 2010 06:19 GMT
Oil company is handed the chairmanship of leading Middle East product tanker operator.

Singapore Market Commentary (with evening update)
29 Jun 2010 05:28 GMT

Praxis Market Update
28 Jun 2010 15:37 GMT

Oil Market Update
28 Jun 2010 12:12 GMT

Shipping confidence on the rise, says survey
28 Jun 2010 11:27 GMT
Rise in confidence within the shipping industry, but fuel costs seen as a more significant factor affecting performance.

Rotterdam Market Report
28 Jun 2010 11:08 GMT

Market Briefing
28 Jun 2010 09:37 GMT

Tender issued for up to 70,000 mt of fuel oil
28 Jun 2010 09:31 GMT
Asian utility seeks fuel oil for delivery in August.

New role for former BarCap fuel oil trader
28 Jun 2010 09:09 GMT
Barclays Capital fuel oil trader to head up Singapore-based oil and products trading team.

Singapore Market Commentary (with evening update)
28 Jun 2010 06:32 GMT

Praxis Market Update
25 Jun 2010 14:12 GMT

St. Petersburg: 380-cst quotes below $300/mt
25 Jun 2010 13:55 GMT
Suppliers quoting sub-$300 per tonne levels as prices tumble at leading Russian port.

Rotterdam Market Report
25 Jun 2010 11:14 GMT

Market Briefing
25 Jun 2010 10:12 GMT

Motion to ban Gibraltar floating storage fails
25 Jun 2010 09:55 GMT
Madrid votes against motion requesting to force Gibraltar to store fuel on land.

Oil firm issues fuel oil tender
25 Jun 2010 08:18 GMT
Prompt cargoes expected to be used for bunker deliveries rather than power generation.

Singapore Market Commentary (with evening update)
25 Jun 2010 05:58 GMT

Deal to build world's largest LNG ferry
24 Jun 2010 15:52 GMT
Contract signed for vessel construction and completion to be carried out in Lithuania and Norway.

Praxis Market Update
24 Jun 2010 14:12 GMT

Rotterdam Market Report
24 Jun 2010 11:06 GMT

Ecopetrol gets 20-year port concession
24 Jun 2010 10:06 GMT
Colombian oil firm granted exclusive access to maritime terminal for 20-year period.

Market Briefing
24 Jun 2010 09:39 GMT

Hanjin receives first 'fuel-efficient' mega-boxship
24 Jun 2010 07:14 GMT
10,000TEU class containership is equipped with a fuel-efficient engine that can cut fuel consumption and CO2 emissions.

Singapore Market Commentary (with evening update)
24 Jun 2010 06:27 GMT

Ecuador: New barge for Oceanbat
24 Jun 2010 00:11 GMT
Supplier expands floating storage capacity with the introduction of its bunker tanker into the marine fuels market.

Honeywell Marine takes on FuelTrax
23 Jun 2010 14:27 GMT
Honeywell becomes an official distributor of the FuelTrax marine fuel management system.

Praxis Market Update
23 Jun 2010 13:52 GMT

Rotterdam Market Report
23 Jun 2010 11:14 GMT

Oil Market Update
23 Jun 2010 10:41 GMT

Power system selected for its low fuel consumption
23 Jun 2010 09:53 GMT
Contract signed to supply ship power system offering 'lower emissions and reduced fuel consumption'.

Lindsay Blee joins the BunkerBlog
23 Jun 2010 09:08 GMT
UK firm publishes market updates exclusively on the Bunker Index website.

Market Briefing
23 Jun 2010 08:28 GMT

Singapore Market Commentary (with evening update)
23 Jun 2010 06:39 GMT

MOL president endorses slow steaming
22 Jun 2010 15:17 GMT
Koichi Muto says slow steaming is 'the most effective method' of reducing CO2 emissions.

Vitol becomes SMX trade member
22 Jun 2010 13:32 GMT
Energy trading group obtains trade memberships for its Geneva and Singapore offices.

Praxis Market Update
22 Jun 2010 12:37 GMT

Rotterdam Market Report
22 Jun 2010 12:32 GMT

Oil Market Update
22 Jun 2010 11:51 GMT

Market Briefing
22 Jun 2010 11:24 GMT

Peninsula Petroleum in Tokyo office launch
22 Jun 2010 10:02 GMT
UK-headquartered firm is due to open an office in Tokyo next month.

First vessel call at Fujairah Oil Terminal 2
22 Jun 2010 08:01 GMT
Maiden vessel call said to be a 'historic point' for the port of Fujairah.

Singapore Market Commentary (with evening update)
22 Jun 2010 06:37 GMT

Funding for emissions research programme
21 Jun 2010 15:08 GMT
Research programme into shipping emissions is set to receive $1.5 million in funding.

Praxis Market Update
21 Jun 2010 14:42 GMT

Market Briefing
21 Jun 2010 13:09 GMT

Rotterdam Market Report
21 Jun 2010 11:45 GMT

Russian firms in natural gas fuel agreement
21 Jun 2010 09:52 GMT
LNG transportation deal includes the use of vessels powered by natural gas.

Southernpec awaiting MPA license - source
21 Jun 2010 07:04 GMT
Chinese firm is reported to be waiting to receive its bunker license to begin supply operations in Singapore.

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

Distribution agreement for emissions reduction system
21 Jun 2010 05:32 GMT
System is said to lower fuel consumption, reduce pollution and extend engine life.

Huot leaves Gulf Oil Marine
18 Jun 2010 19:04 GMT
Caroline Huot is reported to have stood down as CEO of lubricants firm Gulf Oil Marine Ltd.

Verona I released, deposit paid
18 Jun 2010 17:47 GMT
Product tanker released following US$1.6 million payment to Japanese court.

CEPSA ready to offer 1.00% sulphur fuels
18 Jun 2010 14:09 GMT
CEPSA Marine Fuels says it is ready to begin offering 1.00% fuels at all the ports where it supplies.

Praxis Market Update
18 Jun 2010 13:37 GMT

Rotterdam Market Report
18 Jun 2010 11:21 GMT

Market Briefing
18 Jun 2010 09:02 GMT

Industry leaders convene at ocean sustainability conference
18 Jun 2010 06:31 GMT
World Ocean Council inaugural event attracts business leaders from across ocean industry sectors.

Singapore Market Commentary (with evening update)
18 Jun 2010 06:01 GMT

Ship-Service offering 1.0% LSFO
17 Jun 2010 19:04 GMT
Leading Polish firm confirms that it has begun supplying 1.0% sulphur fuel oil.

Royal Caribbean to pilot test CSNOx system
17 Jun 2010 18:40 GMT
Cruise line partners with Ecospec on pilot test of emission abatement system.

Pakistan: Supplier adds bunker barge
17 Jun 2011 16:14 GMT
Bunker firm expands fleet with self-propelled oil barge.

Bonded bunker sales up in Japan
17 Jun 2010 16:04 GMT
Latest government data shows a year-on-year rise in sales of bonded bunker fuel.

Praxis Market Update
17 Jun 2010 15:44 GMT

Chevron launches new lubricant range
17 Jun 2010 14:58 GMT
New range of marine lubricants is said to be non-toxic to aquatic species and inherently biodegradable.

Rotterdam Market Report
17 Jun 2010 11:23 GMT

Vietnam in LNG deal for coastal shipping
17 Jun 2010 09:34 GMT
Agreement on the distribution of LNG and use as a fuel for coastal shipping and river transportation.

Market Briefing
17 Jun 2010 09:01 GMT

Malta oil storage project to cost over $350 million
17 Jun 2010 07:04 GMT
Terminal operator plans to spend more than US$350 million on new Marsaxlokk oil storage terminal.

Singapore Market Commentary (with evening update)
17 Jun 2010 05:54 GMT

New partner for low emissions technology project
16 Jun 2010 18:32 GMT
Wärtsilä, ABB and HUG to cooperate in project to develop a new combined SCR and turbocharging solution.

Praxis Market Update
16 Jun 2010 14:42 GMT

Rotterdam Market Report
16 Jun 2010 11:22 GMT

Global Fuels appoints bunker trader
16 Jun 2010 11:01 GMT
Former operations staff member rejoins company in new trading role.

'Common sense' approach to ISO 8217 needed
16 Jun 2010 10:11 GMT

Dredging works to start on Changxing Island
16 Jun 2010 09:56 GMT
Project to prepare land for oil storage facility project in Liaoning Province.

Bakri appoints former Chemoil manager
16 Jun 2010 09:07 GMT
Singapore-based firm appoints Cem Saral as General Manager.

Market Briefing
16 Jun 2010 08:34 GMT

Singapore Market Commentary (with evening update)
16 Jun 2010 05:53 GMT

Praxis Market Update
15 Jun 2010 16:31 GMT

Market Briefing
15 Jun 2010 13:34 GMT

Rotterdam Market Report
15 Jun 2010 11:36 GMT

GAC appoints bunker broker
15 Jun 2010 08:08 GMT
Experienced bunker broker joins GAC Bunker Fuels UK Ltd.

Sales record for Singapore in May
15 Jun 2010 07:19 GMT
Bunker sales reach new record in May at the world's leading bunker port.

Singapore Market Commentary (with evening update)
15 Jun 2010 06:28 GMT

Brazil match prompts nomination request
15 Jun 2010 00:11 GMT
Supplier asks customers to place enquiries in the morning due to World Cup match.

Petrobras announces temporary replacement
14 Jun 2010 14:38 GMT
Replacement to assist customers with enquiries for Argentina and Uruguay.

Praxis Market Update
14 Jun 2010 14:24 GMT

NYK develops additive for low sulphur MGO
14 Jun 2010 14:09 GMT
Japanese firm says additive can prevent mechanical problems in fuel oil systems.

Rotterdam Market Report
14 Jun 2010 11:01 GMT

Market Briefing
14 Jun 2010 10:19 GMT

Greener ships - cleaner fuels
14 Jun 2010 10:01 GMT

Italian firm orders Hamworthy scrubbers
14 Jun 2010 09:32 GMT
Hamworthy Krystallon secures the first commercial order for its seawater scrubber.

Singapore Market Commentary (with evening update)
14 Jun 2010 06:32 GMT

Praxis Market Update
11 Jun 2010 15:52 GMT

Rotterdam Market Report
11 Jun 2010 11:10 GMT

Lintec stresses importance of chemical screening
11 Jun 2010 11:01 GMT
Fuel testing agency underlines the importance of testing marine fuels for the presence of chemical contaminants.

Wärtsilä installs 'unique' fuel cell unit on vessel
11 Jun 2010 10:02 GMT
New power unit is based on solid oxide fuel cell technology and fuelled with methanol.

Market Briefing
11 Jun 2010 09:28 GMT

RINA's new rules for green yachts and low-sulphur fuels
11 Jun 2010 07:07 GMT
New class notations for eco-friendly yachts and commercial ships using low-sulphur fuel.

Maritime carbon capture project update
11 Jun 2010 06:42 GMT
Greece-based project takes a leading role in the development of maritime carbon capture technology.

Singapore Market Commentary (with evening update)
11 Jun 2010 06:22 GMT

Positive feedback for eco-rating scheme
10 Jun 2010 17:12 GMT
One year of pilot projects for system that allows shipowners to measure energy consumption and monitor improvements.

Praxis Market Update
10 Jun 2010 14:52 GMT

Rotterdam Market Report
10 Jun 2010 11:33 GMT

Market Briefing
10 Jun 2010 11:25 GMT

LNG the 'obvious alternative'
10 Jun 2010 10:59 GMT
Study concludes that LNG is the obvious answer to the challenge of meeting future ECA requirements.

Fuel quality data service unveiled
10 Jun 2010 10:47 GMT
Distillate quality statistics included in new service for marine fuel buyers.

Fuel costs on the agenda in Madrid
10 Jun 2010 08:41 GMT
Event participants discuss solutions to increase ship efficiency and reduce fuel consumption.

LNG guidelines issued
10 Jun 2010 08:12 GMT
Guidelines will aim to help shipowners prepare for the introduction of LNG.

Singapore Market Commentary (with evening update)
10 Jun 2010 05:56 GMT

Andatee signs 10-year supply agreements
09 Jun 2010 15:27 GMT
Chinese firm to supply marine fuel on an exclusive basis in Jinghai and Haiyu.

Praxis Market Update
09 Jun 2010 15:04 GMT

OW Icebunker launches North Norway operations
09 Jun 2010 12:14 GMT

Market Briefing
09 Jun 2010 10:12 GMT

Rotterdam Market Report
09 Jun 2010 10:06 GMT

Odfjell reduces fuel consumption
09 Jun 2010 07:01 GMT
Shipping firm cuts fuel costs with onboard voyage optimization system.

Singapore Market Commentary (with evening update)
09 Jun 2010 06:11 GMT

Aegean newbuild earmarked for Greece
09 Jun 2010 00:03 GMT
Supplier takes delivery of double-hull bunker tanker from China.

Praxis Market Update
08 Jun 2010 16:42 GMT

Rotterdam Market Report
08 Jun 2010 12:02 GMT

Market Briefing
08 Jun 2010 11:13 GMT

Intra-month price volatility analysis
08 Jun 2010 10:08 GMT

BP resignations 'not as many as reported'
08 Jun 2010 09:29 GMT
Oil major executive says the number of departures in recent weeks is less than previously reported.

Sinopec launches bunker subsidiary
08 Jun 2010 07:08 GMT
New sales and marketing arm will be responsible for selling fuel oil production from its refineries.

Singapore Market Commentary (with evening update)
08 Jun 2010 05:57 GMT

Solar vessel sets sail in Shanghai
07 Jun 2010 18:42 GMT
Solar-powered passenger vessel is launched on the Huangpu River in Shanghai.

LNG-powered vessel scheduled for 2011
07 Jun 210 15:56 GMT
New vessel to run on liquefied natural gas, biofuel and marine diesel oil.

Praxis Market Update
07 Jun 2010 14:20 GMT

Rotterdam Market Report
07 Jun 2010 11:41 GMT

BIX price average dips in May
07 Jun 2010 09:37 GMT
Average monthly global bunker price records a small decline during the month of May.

Market Briefing
07 Jun 2010 08:37 GMT

Bunker Index (BIX) statistical summary
07 Jun 2010 07:12 GMT
Key monthly Bunker Index (BIX) data provided in price summary.

Singapore Market Commentary (with evening update)
07 Jun 2010 06:42 GMT

Petrobras offers 1%S 380-cst in Brazil
04 Jun 2010 20:52 GMT
Supplier offering 1.00% sulphur 380-centistoke fuel oil at Brazilian ports from next week.

Praxis Market Update
04 Jun 2010 16:12 GMT

'Fuel-saving' application to be unveiled at Posidonia
04 Jun 2010 13:18 GMT

Rotterdam Market Report
04 Jun 2010 11:18 GMT

Market Briefing
04 Jun 2010 11:07 GMT

Japan: JX could cut bunker volumes
04 Jun 2010 09:52 GMT
Newly-merged company is expected to reduce bunker supply volumes from July.

Valero may restart Aruba refinery
04 Jun 2009 08:44 GMT
US firm intends to begin a refinery-wide maintenance programme within the next few weeks.

Singapore Market Commentary (with evening update)
04 Jun 2010 06:17 GMT

Eco-program results revealed
03 Jun 2010 16:01 GMT
Performance evaluation program shows 'significant improvements' since 2008.

Alliance to cut Great Lakes emissions
03 Jun 2010 15:28 GMT
Partnership to install CSNOx technology within the Canada Steamship Lines fleet.

Praxis Market Update
03 Jun 2010 15:08 GMT

MPA and DNV sign research agreement
03 Jun 2010 14:05 GMT
MOU to promote research, development and test-bedding projects in the areas of maritime environment and clean technologies.

WFS declares cash dividend
03 Jun 2010 13:28 GMT
Quarterly cash dividend follows 30 percent rise in first quarter net income.

Rotterdam Market Report
03 Jun 2010 11:17 GMT

Market Briefing
03 Jun 2010 10:52 GMT

Andatee gets strong buy rating
03 Jun 2010 08:12 GMT
Research firm says bunker supplier offers a favourable risk-reward to long-term investors.

Singapore Market Commentary (with evening update)
03 Jun 2010 06:28 GMT

Praxis Market Update
02 Jun 2010 14:48 GMT

Bunker cargoes head for Sri Lanka
02 Jun 2010 13:55 GMT
Fuel oil parcels expected to arrive in Sri Lanka early next week.

Rotterdam Market Report
02 Jun 2010 12:22 GMT

Market Briefing
02 Jun 2010 10:17 GMT

Japanese firm to build low-emission cruise ships - source
02 Jun 2010 10:01 GMT

VTTI announces Rotterdam expansion
02 Jun 2010 09:34 GMT
Dutch firm acquires adjoining land and facilities in Rotterdam.

ENOC subsidiary to build terminal in Malta
02 Jun 2010 09:17 GMT
Terminal operator plans to construct oil terminal in Marsaxlokk.

Countdown to ocean sustainability conference
02 Jun 2010 07:45 GMT
Sustainability meeting will aim to define priorities and programs for action on ocean protection.

Singapore Market Commentary (with evening update)
02 Jun 2010 06:33 GMT

Posidonia: Fuel efficiency presentation announced
01 Jun 2010 18:42 GMT
Fuel-saving measures to be addressed at international shipping exhibition.

Praxis Market Update
01 Jun 2010 15:47 GMT

LNG the 'key' to cleaner shipping
01 Jun 2010 13:42 GMT
DNV Vice President says the main challenge is the lack of LNG bunkering infrastructure.

Rotterdam Market Report
01 Jun 2010 11:23 GMT

Market Briefing
01 Jun 2010 11:14 GMT

BP resignations extend globally
01 Jun 2010 09:53 GMT
Fuel oil traders resign in the US and the UK as the list of departures in recent weeks increases.

Global Risk moves to new Singapore office
01 Jun 2010 08:52 GMT
Risk management firm moves to new premises in Singapore in order to cater for future growth.

Singapore Market Commentary (with evening update)
01 Jun 2010 07:51 GMT

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