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News Archive

Containerships targets improved profitability via bunker-saving initiatives
16 Aug 2017
Earnings 'particularly affected' by higher marine fuel costs.

Monjasa hires eight bunker trading employees
16 Aug 2017
Company employs four bunker traders and four bunker trader trainees.

Oil and fuel oil hedging market update
16 Aug 2017
By the Oil Desk at Freight Investor Services.

Maersk Line posts $490m profit swing despite $328m rise in bunker costs
16 Aug 2017
Maersk Line records Q2 after tax net profit of $339m as marine fuel expenses increase 72.6 percent.

U.S. inventory reports and central bank meeting minutes take centre stage
16 Aug 2017
By A/S Global Risk Management.

Cross-industry group in talks to plug bunker tanker loadings 'loophole'
15 Aug 2017
Use of MFMs to measure volumes loaded onto bunker tankers would 'address a missing link in supply chain integrity', says IBIA.

Carnival hails progress made in bunker-related projects as sustainability report is released
15 Aug 2017
126-page report outlines the progress made in 2016 against its 2020 sustainability performance goals.

ABB says new DEGO IV control system has shown bunker-saving potential of 5-7%
15 Aug 2017
Company claims it has delivered on 3% minimum fuel-saving promise for Stena Line vessel.

Dan-Bunkering names head office sales manager
15 Aug 2017
Ex-North America MD takes up sales manager role in Denmark.

Oil prices continued the downward trend yesterday and Brent oil price seems to be heading for $50
15 Aug 2017
By A/S Global Risk Management.

Oil and fuel oil hedging market update
15 Aug 2017
By the Oil Desk at Freight Investor Services.

Biofuel bunker supplier GoodFuels seeks finance manager
14 Aug 2017
Successful applicant is to be based at the company's head office in Amsterdam.

Briese Schiffahrt appoints Korean Register to deliver EU MRV services
14 Aug 2017
Agreement covers assessment of monitoring plans and verification of carbon emission reports.

Montreal completes bunker-saving shore power project
14 Aug 2017
Ships berthing at the new cruise terminal can now be powered by electricity.

Shell ups LNG bunker supply capacity with barge charter
14 Aug 2017
Development follows Thursday's arrival of the LNG bunker vessel Cardissa in Rotterdam.

Supply disruptions, oil rig count and central bank minutes of meeting
14 Aug 2017
By A/S Global Risk Management.

Oil and fuel oil hedging market update
14 Aug 2017
By the Oil Desk at Freight Investor Services.

Aegean opens Taiwan office, starts ex-wharf sales to suppliers in Fujairah
11 Aug 2017
Bunker firm targets growth in Taiwan and UAE with new activities.

LNG bunkers discussed at Port Canaveral briefing
11 Aug 2017
Briefing led by US Federal Maritime Commissioner William Doyle on the use of LNG as a marine fuel.

ExxonMobil offers insight into five-year project to build scaled-down test engine
11 Aug 2017
New 10-year research programme is designed to help the supplier position itself at the cutting edge of marine fuels and lubrication research.

Volatility rules the market
11 Aug 2017
By A/S Global Risk Management.

Oil and fuel oil hedging market update
11 Aug 2017
By the Oil Desk at Freight Investor Services.

Aegean posts profit drop as 'sales margins remain under pressure'
11 Aug 2017
Sales volume rose by 9.3% and 7.5% in Q2 and H1 respectively.

NCL posts 36% Q2 profit growth as bunker costs rise $6.1 million
10 Aug 2017
Q2 and H1 fuel expenses increased by 7.5% and 8.2% respectively.

FOBAS issues off-spec cat fine alert in Fujairah
10 Aug 2017
Cat fine levels of up to 139 mg/kg measured in Fujairah samples.

Quadrise announces cost-cutting initiatives as chairman slashes salary by 50%
10 Aug 2017
Company expects strategy to deliver annualized savings of more than GBP 500,000.

Another whopping draw in U.S. crude oil inventories
10 Aug 2017
By A/S Global Risk Management.

Oil and fuel oil hedging market update
10 Aug 2017
By the Oil Desk at Freight Investor Services.

Malik hires trainee to strengthen sales team
10 Aug 2017
Anders Kjaersgaard Jensen joins bunker firm's office in Aalborg.

NCL asks court to halt OW Bunker arbitration in bid to prevent double fuel payment
09 Aug 2017
Cruise line argues it already paid the physical supplier for bunkers delivered.

Naantali refinery in two-month revamp to slash heavy fuel oil production
09 Aug 2017
Turnaround at the Naantali plant is scheduled to start mid-August.

Brent crude oil remains in tight trading range around $52: where to go from here?
09 Aug 2017
By A/S Global Risk Management.

Praxis and Glander file bunker claims in Singapore
09 Aug 2017
Bunker firms due in court on Thursday.

Oil and fuel oil hedging market update
09 Aug 2017
By the Oil Desk at Freight Investor Services.

Advantis Bunkering awarded health and safety certification
09 Aug 2017
OHSAS 18001:2007 certification granted following an evaluation of the supplier's health and safety standards.

EMSA launches online system for reporting CO2 emissions and bunker consumption
08 Aug 2017
System enables operators using EU ports to report their CO2 emissions under the EU's MRV regulation.

NYC's new fuel-efficient ferries transport 1m people in 86 days
08 Aug 2017
Launched in May, demand for NYC's first city-wide ferry system in over 100 years beats expectations.

Mixed oil market news continues and Brent remains around $52
08 Aug 2017
By A/S Global Risk Management.

Gazpromneft Marine Bunker achieves 16% rise in north-west Russia sales
08 Aug 2017
Firm says development of the Northern Sea Route was a key factor that led to the increase.

Oil and fuel oil hedging market update
08 Aug 2017
By the Oil Desk at Freight Investor Services.

Higher bunker prices drive up voyage costs as Eagle Bulk posts another loss
08 Aug 2017
Q2 loss recorded despite 109.6% jump in revenue.

Two incidents in three days involving 'illegal sale of marine gas oil' in Singapore
07 Aug 2017
Singapore reports two separate incidents as 13 men are arrested between July 30 and August 1.

OOIL swings into profit ahead of Cosco takeover despite 64.5% jump in bunker costs
07 Aug 2017
Chairman voices support for Cosco $6.3 billion deal.

Singapore trader moves from one Bunker Holding firm to another
07 Aug 2017
KPI Bridge Oil hires former Dan-Bunkering trader Brenda Lim in Singapore.

Oil prices continue to swarm around $52 on mixed news
07 Aug 2017
By A/S Global Risk Management.

Oil and fuel oil hedging market update
07 Aug 2017
By the Oil Desk at Freight Investor Services.

LNG bunker supplier Clean Energy posts Q2 loss, $43.2m H1 profit
04 Aug 2017
LNG sales volume dipped in both periods.

Spanish Atlantic port Ferrol aims to develop LNG bunkering infrastructure
04 Aug 2017
Port looks to take full advantage of its close proximity to Reganosa's LNG terminal.

Construction of LNG-fuelled sea cleaning vessel for Ulsan under way: source
04 Aug 2017
Project forms part of government strategy to develop LNG bunkering in South Korea.

After a volatile session yesterday, Brent oil price dips in morning trading
04 Aug 2017
By A/S Global Risk Management.

Oil and fuel oil hedging market update
04 Aug 2017
By the Oil Desk at Freight Investor Services.

Rolls-Royce tech selected to improve fuel economy of Antarctica cruise ship
04 Aug 2017
Rolls-Royce to equip an expeditionary cruise ship for Mystic Cruises.

First Europe-built dual-fuel tug features new nozzle with 'fuel savings of up to 10%'
03 Aug 2017
Schottel's SDV45 nozzle has been fitted on a ship for the first time.

Torm orders two bunker-saving resale tankers
03 Aug 2017
Fuel-efficient, medium-range (MR) vessels are scheduled to be delivered in Q3.

SEA\LNG calls for compliance and enforcement commitment as 2020 sulphur cap looms
03 Aug 2017
LNG bunker coalition advocates greater momentum from shipping industry to deliver air quality improvements.

Neste's new high-viscosity 0.1% marine fuel unit set to reach 'high' utilization in H2
03 Aug 2017
Solvent deasphalting unit expected to reach 'high capacity utilization' during the second half of the year.

Oil and fuel oil hedging market update
03 Aug 2017
By the Oil Desk at Freight Investor Services.

Oil trading sideways on mixed oil inventory data
03 Aug 2017
By A/S Global Risk Management.

Germany's first LNG-fuelled research vessel to feature Wartsila technology
02 Aug 2017
Wartsila to supply engines, exhaust cleaning systems and LNGPac fuel storage, supply, and control system.

Wartsila to supply exhaust cleaning technology to Chinese research vessels
02 Aug 2017
COMRA vessels will be the first to operate Wartsila NOx Reducer systems.

Owner of bunker supplier Marine Petrobulk posts 56.8% rise in H1 net earnings
02 Aug 2017
Q2 net earnings fell 22.3% for Seaspan Corporation.

Royal Caribbean consumes 6.4% less fuel in Q2 as net income jumps 60.7%
02 Aug 2017
Cruise operator saw H1 bunker expenses drop 1.2% and net income skyrocket 77.6%.

Oil and fuel oil hedging market update
02 Aug 2017
By the Oil Desk at Freight Investor Services.

Brent oil price testing $50 today?
02 Aug 2017
By A/S Global Risk Management.

Quadrise receives MSAR trial inspection report
01 Aug 2017
Wartsila's interim inspection report covers the use of MSAR fuel in its RT-flex engines.

Trasmediterranea posts drop in earnings, citing higher bunker costs
01 Aug 2017
EBITDA fell 88.7 percent to EUR 2 million in H1.

'Favorable timing of fuel surcharge collections' supports Matson revenue rise
01 Aug 2017
Carrier posts improved Q2 earnings as revenue increase helps offset the jump in costs.

Shell wins tender to supply LNG reloading station in Klaipeda
01 Aug 2017
Small-scale LNG carrier to deliver 1,000 cubic metres between August 15 and September 30.

Geopolitics and oil stocks take centre stage
01 Aug 2017
By A/S Global Risk Management.

Oil and fuel oil hedging market update
01 Aug 2017
By the Oil Desk at Freight Investor Services.

LNG bunker coalition confirms addition of three members
01 Aug 2017
Mitsui, Sumitomo and Novatek confirmed as new members of SEA\LNG.

Rolls-Royce to showcase latest MTU propulsion systems
31 Jul 2017
Presentation of Series 4000 engines for IMO III and new hybrid system concept based on Series 2000 engines.

World Fuel Services' share price plummets 13.2 percent
31 Jul 2017
New 52-week trading range following Friday's slump.

Gulf Petrochem targets 'global growth' following $150m financing deal
31 Jul 2017
Eight-year term loan provided by a syndicate of banks led by Emirates NBD.

Oil and fuel oil hedging market update
31 Jul 2017
By the Oil Desk at Freight Investor Services.

MOL pays 41% more for bunkers in Q1, revises FY fuel price forecast down 6.6%
31 Jul 2017
Japanese shipowner paid an average $319 per tonne in the first fiscal quarter.

Oil hits highest in two months after a week of bullish news
31 Jul 2017
By A/S Global Risk Management.

Gazpromneft-Lubricants reports 7.5% rise in H1 marine lube sales
28 Jul 2017
Russian firm says it sold 7,500 tonnes of lubricants in H1.

World Fuel Services' 12-month bunker sales drop below 30m tonnes for first time in two years
28 Jul 2017
12-month sales have fallen in five consecutive quarters between Q2 2016 and Q2 2017.

Oil and fuel oil hedging market update
28 Jul 2017
By the Oil Desk at Freight Investor Services.



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