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Home » News » News Archive - August 2010

News Archive - August 2010

Praxis Market Update
30 Aug 2010 14:38 GMT

Market Briefing
30 Aug 2010 09:12 GMT
Oil prices continue the rebound on Bernanke comments (Brent: $76.6)

Singapore Market Commentary (with evening update)
30 Aug 2010 06:58 GMT

Praxis Market Update
27 Aug 2010 16:23 GMT

Titan 'cautiously optimistic' about the future
27 Aug 2010 13:47 GMT

Rotterdam Market Report
27 Aug 2010 10:22 GMT

Market Briefing
27 Aug 2010 08:55 GMT
Oil prices rebound on jobless claims and FED easing speculation (Brent: $74.8)

Singapore Market Commentary (with evening update)
27 Aug 2010 05:49 GMT

Full bunker operations resume in Buenaventura
26 Aug 2010 16:57 GMT
Bunkers International offers IFO and MGO on the Pacific Coast following supply disruption.

Norden saves fuel with design changes
26 Aug 2010 16:22 GMT
A change in the design of two dry cargo vessels has been found to cut fuel consumption by 11 percent.

Praxis Market Update
26 Aug 2010 13:48 GMT

Market Briefing
26 Aug 2010 11:23 GMT
Oil prices rebound heavily (Brent: $74.3)

Rotterdam Market Report
26 Aug 2010 11:22 GMT

Hybrid turbocharger cuts fuel costs
26 Aug 2010 09:58 GMT
New turbocharger is said to reduce fuel consumption and carbon dioxide emissions.

Singapore Market Commentary (with evening update)
26 Aug 2010 06:04 GMT

Royal Caribbean: Fuel use down 3.7% in '09
25 Aug 2010 20:14 GMT
Cruise operator says performance optimization measures and new ships have enabled it to cut fuel consumption.

DNV launches sustainability division
25 Aug 2010 17:28 GMT
New division aims to steer DNV towards green service growth and sustainability services.

Praxis Market Update
25 Aug 2010 14:16 GMT

MPA announces harbour craft licence initiative
25 Aug 2010 13:48 GMT
Lifetime validity licence will be issued to Singaporeans who apply or renew their harbour craft manning licence.

Market Briefing
25 Aug 2010 11:12 GMT
Home sales disappoints – Brent tests new lows (Brent: $72.6)

Rotterdam Market Report
25 Aug 2010 10:47 GMT

Dan-Bunkering Singapore appoints senior trader
25 Aug 2010 08:12 GMT
Stefanie Tay joins Dan-Bunkering to work as senior bunker trader.

New Santos terminal to be jointly managed
25 Aug 2010 07:32 GMT
Agreement reached to jointly manage Brazil's new container facility at the country's leading bunker port.

Singapore Market Commentary (with evening update)
25 Aug 2010 06:36 GMT

MOL vessels join low sulphur fuel program
24 Aug 2010 19:44 GMT
MOL becomes first Japanese carrier to join US port authority low sulphur fuel program.

Praxis Market Update
24 Aug 2010 14:53 GMT

Foss retrofit to lower fuel costs, emissions
24 Aug 2010 14:32 GMT
US firm to retrofit existing tug with hybrid technology in San Pedro Bay.

Broeders leaves Royal Vopak
24 Aug 2010 14:02 GMT
Chairman leaves Vopak to join SHV Holdings as member of the Executive Board of Directors.

Market Briefing
24 Aug 2010 11:38 GMT
Oil prices decreased on Monday on double dip fears (Brent: $73)

Risler team heads to Shanghai Expo
24 Aug 2010 10:12 GMT
Argentinian bunker supplier is specially selected to attend the world famous Shanghai event.

Rotterdam Market Report
24 Aug 2010 10:02 GMT

Fuel switch unit gets GL type approval
24 Aug 2010 07:55 GMT
Automatic change over and blending unit receives type approval from Germanischer Lloyd.

Singapore Market Commentary (with evening update)
24 Aug 2010 05:36 GMT

Praxis Market Update
23 Aug 2010 14:42 GMT

WFS acquires Western Petroleum
23 Aug 2010 14:32 GMT
World Fuel Services signs a definitive agreement to acquire Western Petroleum Company.

5th Istanbul Bunker Conference announced
23 Aug 2010 14:07 GMT
Dates, venue and speakers announced for the 2011 Istanbul Bunker Conference.

Hedging volume rise for Global Risk Management
23 Aug 2010 12:13 GMT
Danish firm attributes hedging rise to an increase in oil supplier volumes during the second quarter of 2010.

Rotterdam Market Report
23 Aug 2010 10:02 GMT

Market Briefing
23 Aug 2010 09:07 GMT
Oil down on lagged pessimism (Brent: $74)

ExxonMobil in Hong Kong exit speculation
23 Aug 2010 07:50 GMT
Decision to lease tank storage prompts speculation that ExxonMobil may quit the Hong Kong bunker market.

BP tie-up to develop fuel oil trading
23 Aug 2010 06:48 GMT
Singapore-listed firm aims to strengthen its cooperation with BP in the area of fuel oil trading.

Singapore Market Commentary
23 Aug 2010 05:38 GMT

New green awards to launch in November
20 Aug 2010 17:19 GMT
Awards will recognize the environmental achievements of cruise and containership operators.

Praxis Market Update
20 Aug 2010 15:44 GMT

Rotterdam Market Report
20 Aug 2010 11:24 GMT

CEPSA barge launched in Algeciras Bay
20 Aug 2010 10:36 GMT
Newly-built double hull barge to supply marine fuel in the Strait of Gibraltar.

EcoloCap announces EPA testing on M-Fuel
20 Aug 2010 10:02 GMT
US firm to start testing emulsified diesel fuel as it aims to get EPA approval.

Market Briefing
20 Aug 2010 09:17 GMT
Oil declines on double dip worries (Brent: $75.5)

Spectron to launch fuel oil trading desk
20 Aug 2010 07:21 GMT
Former MF Global brokers join Spectron to launch European fuel oil trading operation.

Singapore Market Commentary (with evening update)
20 Aug 2010 06:04 GMT

Med MGO average tumbles $9.20 per tonne
19 Aug 2010 19:02 GMT
MGO prices in the Mediterranean have fallen $31.40 since August 10th.

Praxis Market Update
19 Aug 2010 14:27 GMT

BP countersued by former staff
19 Aug 2010 14:26 GMT
Former traders countersue oil major for wrongful dismissal.

Rotterdam Market Report
19 Aug 2010 10:18 GMT

Market Briefing
19 Aug 2010 09:15 GMT
Oil rebounds on EIA and inflation data (Brent: $76.8)

Dalian crude oil terminal is launched
19 Aug 2010 07:48 GMT
New 450,000-tonne crude oil terminal has commenced operations this week.

SLPA proceeds with Sri Lanka supply plan
19 Aug 2010 07:08 GMT
Sri Lanka Ports Authority to target small and medium-sized vessels in new bunker supply venture.

Singapore Market Commentary (with evening update)
19 Aug 2010 05:27 GMT

Rotterdam forecasts 37-76% rise in throughput by 2030
18 Aug 2010 19:21 GMT
Port Authority says goods throughput could increase by as much as 320 million tonnes over the next 20 years.

Praxis Market Update
18 Aug 2010 16:15 GMT

Med average up $10 per tonne
18 Aug 2010 13:48 GMT
BIX MED rises 1.8 percent as bunker prices surge in the Mediterranean.

Rotterdam Market Report
18 Aug 2010 12:06 GMT

Market Briefing
18 Aug 2010 09:14 GMT
Oil higher on economic data – declines on inventories (Brent: $76.4)

Brightoil in deal to buy five tankers
18 Aug 2010 08:25 GMT
Chinese supplier to acquire five crude oil tankers for delivery in 2012-13.

China builds Guangdong fuel oil facility
18 Aug 2010 07:52 GMT
Fuel oil blending facility is set to be China's largest with an annual production capacity of 10 million tonnes.

Singapore Market Commentary (with evening update)
18 Aug 2010 05:48 GMT

Praxis Market Update
17 Aug 2010 15:13 GMT

Wärtsilä appoints global R&D VP
17 Aug 2010 14:13 GMT
Shell veteran will be responsible for global R&D, where the focus will be on energy efficiency.

Containership boasts bunker features
17 Aug 2010 13:42 GMT
New CMA CGM ship includes fuel-saving injection engine, protected bunker tanks and Fast Oil Recovery System.

Rotterdam Market Report
17 Aug 2010 11:26 GMT

Mumbai, JNPT: Operations returning back to normal
17 Aug 2010 10:16 GMT
Bunker suppliers have begun taking orders for future deliveries over the past 24 hours.

Market Briefing
17 Aug 2010 10:12 GMT
Oil held down by another set of disappointing numbers (Brent: $75.9)

Maiden call at Hamburg for slow steaming ship
17 Aug 2010 09:10 GMT

Singapore Market Commentary
17 Aug 2010 05:44 GMT

COSCO Intl in talks over bunker business acquisition
16 Aug 2010 14:42 GMT
Hong Kong-listed firm in discussions over 'possible' acquisition of bunker supply businesses.

Singapore: Another month, another record
16 Aug 2010 14:22 GMT
New record for Singapore as sales volumes exceed 3.5 million tonnes for the second consecutive month.

Praxis Market Update
16 Aug 2010 13:09 GMT

Rotterdam Market Report
16 Aug 2010 11:42 GMT

Market Briefing
16 Aug 2010 11:11 GMT
Oil down on retail sales and Japanese GDP (Brent: $75.3)

New bunker supplier in West Africa
16 Aug 2010 09:02 GMT
Supplier begins delivering marine gas oil to customers in West Africa.

Water influx ceremony at Hambantota
16 Aug 2010 07:40 GMT
President Mahinda Rajapaksa inaugurates water influx ceremony at 'Magampura International Harbour'.

Singapore Market Commentary (with evening update)
16 Aug 2010 05:38 GMT

EGCSA announces emissions workshop
13 Aug 2010 12:51 GMT
Event to provide delegates with information on sulphur and particulate matter legislation.

Praxis Market Update
13 Aug 2010 11:32 GMT

Rotterdam Market Report
13 Aug 2010 11:00 GMT

Bunker boost for Rotterdam as throughput rises
13 Aug 2010 10:17 GMT
14.8 percent rise in cargo throughput bodes well for bunker sales volumes at Europe's leading port.

Market Briefing
13 Aug 2010 08:42 GMT
Oil drops further on US job numbers – rebound on Germany (Brent: $76.3)

Andatee posts 53% rise in Q2 net income
13 Aug 2010 07:22 GMT
Profit increase for Chinese supplier as sales volumes jump 22 percent in the second quarter.

Singapore Market Commentary (with evening update)
13 Aug 2010 05:07 GMT

Praxis Market Update
12 Aug 2010 14:47 GMT

Anchorage service launched in Ceuta
12 Aug 2010 14:31 GMT
Bunker firm says it has launched a barge service at Ceuta anchorage.

Rotterdam Market Report
12 Aug 2010 11:22 GMT

Market Briefing
12 Aug 2010 09:04 GMT

GS Caltex restarts operations in Busan
12 Aug 2010 08:18 GMT
Bunker operations restarted after having been suspended prior to Dianmu reaching landfall.

Launch date for emissions monitoring system
12 Aug 2010 07:08 GMT
Laser-based marine emissions monitoring system to launch in September 2010.

Singapore Market Commentary (with evening update)
12 Aug 2010 06:36 GMT

Aegean posts 26% rise in H1 net income
12 Aug 2010 06:32 GMT
Supplier sees sales volumes increase by 61.8 percent during the first six months of 2010.

Fuel rebate cut on higher bunker costs
11 Aug 2010 16:12 GMT
Ferry line to lower fuel rebate on all minor routes from next week.

Rotterdam Market Report
11 Aug 2010 11:46 GMT

Aegean market consensus at $0.38 a share
11 Aug 2010 10:07 GMT
Market estimates within a range of $0.12 per share ahead of Aegean's second quarter results.

Market Briefing
11 Aug 2010 09:33 GMT

Hambantota goes underwater in August
11 Aug 2010 09:16 GMT
Hambantota harbour to be filled with water later this month.

Chemoil posts Q2 net profit
11 Aug 2010 06:32 GMT
CEO points to 'signs of gradual improvement' as Chemoil strives to optimize its operations.

Singapore Market Commentary
11 Aug 2010 05:35 GMT

Chemoil proposal to build Busan terminal
10 Aug 2010 16:04 GMT
Supplier submits proposal to construct a storage terminal at South Korea's leading bunker port.

Rotterdam Market Report
10 Aug 2010 11:44 GMT

Mumbai spill: Focus shifts to fuel removal
10 Aug 2010 10:18 GMT
Specialist team from Europe is contracted to help pump out the remaining fuel on board the MSC Chitra.

Market Briefing
10 Aug 2010 08:42 GMT

Fuel oil consumption rise for utility
10 Aug 2010 07:45 GMT
Japanese utility reports a 9.2 percent increase in fuel oil consumption in July.

Singapore Market Commentary (with evening update)
10 Aug 2010 06:57 GMT

Chemoil targets Japanese buyers
09 Aug 2010 15:53 GMT
Bunker firm aims to increase its market share of Japanese customers.

Rotterdam Market Report
09 Aug 2010 11:34 GMT

'Fake' lubricant alert in Pakistan
09 Aug 2010 10:11 GMT
Total says it has found evidence of fake Lubmarine product being sold in Karachi.

Market Briefing
09 Aug 2010 08:37 GMT

First LNG-fuelled ship in China's waterways
09 Aug 2010 07:10 GMT
LNG-powered vessel successfully completes test navigation in Yangtze River.

Students make strong case for LNG
09 Aug 2010 06:44 GMT
Report concludes that LNG could easily become the most feasible means of fuel in short sea shipping.

Praxis Market Update
06 Aug 2010 15:32 GMT

Rotterdam Market Report
06 Aug 2010 12:29 GMT

Singapore extends port dues concession
06 Aug 2010 12:01 GMT
Port dues concession for ocean-going vessels and harbour craft to be extended for a further six months.

Universal named accredited supplier
06 Aug 2010 09:21 GMT
MPA lists Universal Energy as an accredited bunker supplier in Singapore.

Market Briefing
06 Aug 2010 08:31 GMT

Southernpec becomes accredited bunker supplier
06 Aug 2010 07:52 GMT
Chinese firm is added to the official list of accredited bunker suppliers in Singapore.

Andatee to hold conference call
06 Aug 2010 07:22 GMT
Chinese supplier to discuss second quarter 2010 results in conference call next week.

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

Vancouver launches emissions reduction award
05 Aug 2010 18:54 GMT
Blue Circle Award launched to reward shipping lines for their efforts in cutting air emissions.

Brightoil buys two oil tankers
05 Aug 2010 18:32 GMT
Supplier in deal to purchase vessels for US$115 million.

Praxis Market Update
05 Aug 2010 16:02 GMT

IBIA Convention to debate greenhouse gases
05 Aug 2010 13:08 GMT
Annual event will include a major debate on the issue of greenhouse gas emissions.

Rotterdam Market Report
05 Aug 2010 11:36 GMT

Oil Market Update
05 Aug 2010 10:31 GMT

Rotterdam 380-cst average up in July
05 Aug 2010 09:12 GMT
Average 380-centistoke price rises by $1 per tonne at Europe's top bunker port.

Singapore 380-cst average down $1 in July
05 Aug 2010 09:03 GMT
Average price of 380-centistoke declines by just $1 per tonne at the world's leading bunker port.

Market Briefing
05 Aug 2010 08:22 GMT

BIX price average dips in July
05 Aug 2010 08:11 GMT
Average monthly global bunker price decreases for the third consecutive month in July.

Bunker Index (BIX) statistical summary
05 Aug 2010 08:04 GMT
Key monthly Bunker Index (BIX) data provided in price summary.

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

Praxis Market Update
04 Aug 2010 16:42 GMT

Rotterdam Market Report
04 Aug 2010 11:32 GMT

Fuel-efficient ferries for Hong Kong service
04 Aug 2010 11:17 GMT
Hong Kong firm takes delivery of ferries said to offer half the fuel consumption of other passenger vessels.

Market Briefing
04 Aug 2010 09:52 GMT

Strategy to reach IMO III requirements
04 Aug 2010 09:19 GMT
Engine manufacturer looks forward to the next major regulations milestone.

WFS posts 34 percent rise in Q2 net income
04 Aug 2010 06:42 GMT
Marine segment generates a 10 percent rise in gross profit compared to the previous quarter.

Singapore Market Commentary (with evening update)
04 Aug 2010 06:12 GMT

Praxis Market Update
03 Aug 2010 15:32 GMT

'Fuel-efficient' tech selected as award finalist
03 Aug 2010 13:55 GMT
Weather routing technology is said to reduce fuel consumption and related CO2 emissions.

KPI Bridge Oil appoints trader
03 Aug 2010 11:32 GMT
Istanbul office recruits bunker trader with operations and seagoing experience.

Rotterdam Market Report
03 Aug 2010 10:53 GMT

Market Briefing
03 Aug 2010 08:33 GMT

Supplier expands Black Sea operations
03 Aug 2010 07:32 GMT
Supplier adds bunker barge to support sales growth at Black Sea port.

OW Bunker appoints trader in South Korea
03 Aug 2010 05:55 GMT
Bunker firm strengthens its trading team in Seoul with latest appointment.

Singapore Market Commentary (with evening update)
03 Aug 2010 05:39 GMT

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