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News Archive

IMO working group develops plan to help ships prepare for 2020
18 Jul 2018
Covers areas such as bunkering, fuel oil capacity, modifications to fuel oil systems, segregation and tank cleaning.

Oil and fuel oil hedging market update
18 Jul 2018
By the Oil Desk at Freight Investor Services.

ISO statement on ISO 8217:2017 and 0.5% sulphur fuels
18 Jul 2018
Stresses that 0.50% sulphur fuels are covered in the latest standard.

PMG triples pumping rate to meet US Navy bunker demand in military exercise
18 Jul 2018
Bunker firm uses special connectors to supply US Navy vessels berthed in Odessa during annual exercise.

Quadrise signs MoU with Freepoint Commodities
18 Jul 2018
Plan to seal commercial deals and projects using Freepoint's trading and financing capabilities.

Uncertainty of supply keeps volatility high
18 Jul 2018
By A/S Global Risk Management.

Swedish Club examines lessons to learn from bunker pollution accident
17 Jul 2018
Operators advised to communicate when switching tanks; ensure valves are shut; and make sure tank system is working and monitored.

Two inland vessels a month bunkering LNG at Fluxys' Antwerp dock
17 Jul 2018
The vessels have been refuelling via truck with LNG since March, Fluxys reports.

Oil and fuel oil hedging market update
17 Jul 2018
By the Oil Desk at Freight Investor Services.

Singapore's record H1 was lowest six-month sales period since May-November
17 Jul 2018
In terms of rolling six-month volume, January-June was the lowest sales result in seven months.

Sharp drop in oil prices
17 Jul 2018
By A/S Global Risk Management.

Sulphur 2020: Papering over the cracks
17 Jul 2018
Fourth article in series by FIS's Chris Hudson looks at developments in the paper market with respect to the 2020 sulphur cap.

Nine-month high: Singapore sees rise in bunker calls as percentage of ship arrivals
16 Jul 2018
Highest level since September 2017.

Oil and fuel oil hedging market update
16 Jul 2018
By the Oil Desk at Freight Investor Services.

Pegasus has bunker craft operator licence revoked in Singapore
16 Jul 2018
Supplier is deemed to have allowed an unlicensed firm to use its vessel to perform deliveries.

Singapore Q2 bunker sales lower than in 2016
16 Jul 2018
Second-quarter volume was a YoY improvement, but not the best in the port's history.

Oil rises a second consecutive day but ends the week much lower
16 Jul 2018
By A/S Global Risk Management.

Singapore H1 bunker sales surpass 25m tonnes for first time
13 Jul 2018
Asian port sold 25.35m tonnes - beating last year's result by 1.7 percent.

Brightoil explains how new exchange rules could affect its listing status
13 Jul 2018
New Aug 1 rule changes will make it easier for SEHK to expel companies.

Oil and fuel oil hedging market update
13 Jul 2018
By the Oil Desk at Freight Investor Services.

Wartsila inks EUR 170m deal to retrofit scrubbers
13 Jul 2018
Hybrid scrubber systems ordered by 'major European container shipping company'.

Singapore bunker sales up YoY... but second-lowest in 16 months
13 Jul 2018
Sales fall below 4m tonnes for first time in a year; bunker calls drop to their second-lowest level of 2018.

Brent oil price remains below $75 as mixed news hits the market
13 Jul 2018
By A/S Global Risk Management.

New Enginei feature helps operators optimize speeds and fuel efficiency
12 Jul 2018
Calculates an optimum performance profile based on fuel use, speed, distance, sea state, wind speed and current.

LNG bunker player Enagas signs commitment to slash methane emissions
12 Jul 2018
Becomes signatory to 'Guiding Principles on Reducing Methane Emissions across the Natural Gas Value Chain'.

EPA to examine exempting ships with sub-32,000 hp engines from ECA sulphur limit
12 Jul 2018
Follows Senate Committee 'concern' that ECA limit could result in shippers shifting to higher-emitting modes of transport.

Oil and fuel oil hedging market update
12 Jul 2018
By the Oil Desk at Freight Investor Services.

Oil prices dropped heavily last night as markets ignored bullish stock data
12 Jul 2018
By A/S Global Risk Management.

Pasha Hawaii's LNG-fuelled boxships to run on ME-GI engines
11 Jul 2018
George III and Janet Marie will be running fully on LNG from the first day of operation.

Chevron gets no objection letters to use cylinder oils with ACOM
11 Jul 2018
NOLs cover use of three Taro cylinder lubricants with MAN Energy Solutions' cylinder oil mixing system.

GCC Bunkers withdraws lawsuit against Vitol subsidiary
11 Jul 2018
Case voluntarily dismissed a day after filing complaint for failure to pay $27k due on $522k invoice.

UASC files lawsuit against World Fuel Services alleging off-spec bunkers, short delivery
11 Jul 2018
Delivery is said to have been performed by local Kavkaz supplier in 2016.

Brent came close to breaking $80 yesterday
11 Jul 2018
By A/S Global Risk Management.

Oil and fuel oil hedging market update
10 Jul 2018
By the Oil Desk at Freight Investor Services.

Rotterdam launches app to replace VHF bunkering announcements
10 Jul 2018
Move is first step towards paperless bunkering as the port aims to improve efficiency.

Oil and fuel oil hedging market update
11 Jul 2018
By the Oil Desk at Freight Investor Services.

Researchers claim methanol breakthrough in bid to reach climate 'holy grail'
10 Jul 2018
Could be key step towards producing methanol using renewable energy in a process that essentially recycles CO2.

Oil up a notch on news of Norwegian oil workers heading for strike
10 Jul 2018
By A/S Global Risk Management.

IMO working group meets to develop guidelines for sulphur cap implementation
10 Jul 2018
Intersessional meeting is under the auspices of the Sub-Committee on Pollution Prevention and Response (PPR).

Skaw Provider completes 232 bunker deliveries: Monjasa half-year recap
10 Jul 2018
Company sold fuel to 64 ships on its busiest day of the year so far.

Avoid costly cat fine problems with the right fuel handling and purification procedures: Skuld
09 Jul 2018
P&I club explains why it is 'essential' to bring cat fine levels down during fuel handling and purification.

Oil and fuel oil hedging market update
09 Jul 2018
By the Oil Desk at Freight Investor Services.

Methanol Institute hails move to develop ISO standard for methanol
09 Jul 2018
'ISO standard will help shipowners understand the fuel in a marine fuel context,' says COO.

Intraday volatility continues, but trading range remains tight... for now
09 Jul 2018
By A/S Global Risk Management.

VPS issues flash point distillate alert for Bergen
09 Jul 2018
Alert is 14th so far this year relating to the supply of distillates with a low flash point.

Sulphur 2020: Refining the issue
09 Jul 2018
Third article in series by FIS's Chris Hudson looks at the refining industry's response to the 2020 sulphur cap.

Japanese LNG-fuelled bulker design granted AIP
06 Jul 2018
Concept designed by Japan Marine United and project partner NYK Line.

Norden 'covered worldwide' following launch of Singapore bunker desk
06 Jul 2018
Believes it can operate more effectively across times zones with bunker staff in Asia, Europe and North America.

New Mediterranean ECA study under way
06 Jul 2018
Set to be completed by the spring of 2019.

Oil and fuel oil hedging market update
06 Jul 2018
By the Oil Desk at Freight Investor Services.

Aegean shares more than triple following Mercuria MoU
06 Jul 2018
Market reacts positively to refinancing and strategic partnership agreement.

Mixed news keeps intraday volatility elevated
06 Jul 2018
By A/S Global Risk Management.

Mercuria in MoU with Aegean to provide $1bn refinancing and secure 30% stake
05 Jul 2018
MoU also covers broader partnership, including operational services, trading, hedging and other support.

Dan-Bunkering adds three employees in Houston
05 Jul 2018
Hires two bunker traders and an accountant.

KPI Bridge Oil promotes Isidoros Chandris to senior role
05 Jul 2018
Athens-based employee becomes Senior Bunker & Lubricant Consultant.

Stolt Tankers sees profit drop by a third on higher bunker prices
05 Jul 2018
Bunker costs rose by 21.4% between December and May.

Oil and fuel oil hedging market update
05 Jul 2018
By the Oil Desk at Freight Investor Services.

The trade war noose tightens
05 Jul 2018
By A/S Global Risk Management.

Oil and fuel oil hedging market update
04 Jul 2018
By the Oil Desk at Freight Investor Services.

US inventories, supply outages and Saudi Arabia oil production
04 Jul 2018
By A/S Global Risk Management.

GTT to supply tanks for first electric hybrid cruise icebreaker with LNG propulsion
04 Jul 2018
'Pioneer' ship's tanks to be equipped with GTT's Mark III membrane technology.

Continuing investment in LNG critical to meeting climate goals: SEA\LNG
04 Jul 2018
LNG described as 'the only creditable alternative' to meet regulatory targets.

Monjasa adds bunker supply vessel in Denmark
04 Jul 2018
Vinga Safir completed its first deliveries for Monjasa in Skaw on July 2.

Monjasa expands Channel coverage to northern France
04 Jul 2018
Offering deliveries in Calais, Dieppe, Dunkerque, Le Havre - and all the way to Brest.

DHT in agreement to fit Alfa Laval scrubbers on 12 VLCCs
03 Jul 2018
Systems to be installed on ships built between 2004 and 2012.

BMS United launches Turkish Straits bunker supply service
03 Jul 2018
Offering fuel oil and 0.1% MGO, with deliveries by barge or truck.

BMS United discusses recent two-day event in Greece
03 Jul 2018
Future challenges for shipping examined at Athens conference hosted by bunker firm.

Oil and fuel oil hedging market update
03 Jul 2018
By the Oil Desk at Freight Investor Services.

IMO urged to curb influence of private sector to reach climate goals
03 Jul 2018
Governance structure flaws could hinder IMO's ability to deliver on its GHG reduction objectives, warns report.

Increased OPEC production, force majeure in Libya keep prices in a tight range
03 Jul 2018
By A/S Global Risk Management.

ICS backs IMO's zero-emission strategy in new publication
02 Jul 2018
Examines possibilities for the development of zero CO2 fuels; opposes mandatory operational efficiency indexing.

Sulphur 2020: Is this the regulation that launched a thousand ships?
02 Jul 2018
Second article in series by FIS's Chris Hudson looks at the 2020 sulphur cap from the perspective of owners and operators.

Oil and fuel oil hedging market update
02 Jul 2018
By the Oil Desk at Freight Investor Services.

Oil prices continue the volatile path
02 Jul 2018
By A/S Global Risk Management.

ABB, Ballard sign MoU to develop zero-emission fuel cell power plant
29 Jun 2018
Project partners aiming to develop the fuel cell technology that will power the ships of the future.

Oil and fuel oil hedging market update
29 Jun 2018
By the Oil Desk at Freight Investor Services.

Shipping confidence holds steady in three-month survey
29 Jun 2018
Moore Stephens also analyses data for the last 10 years - since the survey was launched.

LNG bunker supplier Gas Natural Fenosa rebrands as Naturgy
29 Jun 2018
Spanish firm to focus on the environment, simplicity, innovation, digitalization and globalization in 2018-22 strategy.

Glander's Felix Teo praised for progression from trader to MD
29 Jun 2018
Started 10 years ago as a trader in Dubai and is now MD of the firm's second-biggest office.

ExxonMobil issues guidance for switching to low-sulphur fuels
28 Jun 2018
Best practice tips designed to help operators maintain a vessel's safe and reliable operation.



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