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Home » News » News Archive - April 2008

	News Archive - April 2008
	Senate approves MARPOL Annex VI measure 29 Apr 2008 16:21 GMT Senate Committee approves legislation to enforce air emission regulations.
	Japan imports 275,803mt of Russian M100 29 Apr 2008 14:16 GMT Imports of Russian M100 fuel oil into Japan almost double during the month of March.
	Alshic enters Pakistani bunker market 29 Apr 2008 09:07 GMT Piraeus-based firm extends its coverage by adding three ports to its area of trade.
	40,000 litres of bunker fuel seized in Manila 29 Apr 2008 07:10 GMT Authorities in the Philippines confiscate two tankers with suspected smuggled fuel.
	Bunker Index launches website for the marine fuel industry 28 Apr 2008 10:52 GMT Bunkerindex.com announces launch of price index and information resource for the marine fuel and lubricants industry.
	Northern China imports Singapore fuel oil 28 Apr 2008 09:12 GMT Refiners in the north of China purchase 320,000 tonnes of fuel oil from Singapore.
	PDVSA sells 270,000 fuel oil cargo 28 Apr 2008 07:42 GMT Venezuelan state oil company finds Latin American buyer for 380cst cargo.
	Royal Caribbean reports higher first quarter earnings 25 Apr 2008 13:23 GMT Highest first quarter yieds in company's history achieved despite $685 million fuel costs.
	Chemoil Annual General Meeting results revealed 25 Apr 2008 11:43 GMT Chemoil announces results of Annual General Meeting held on April 25.
	Shipping industry not ready for biofuel 24 Apr 2008 11:47 GMT Lloyd's Register CEO says world fleet would be unable to cope with increase in demand for biofuel.
	Singapore named best seaport in Asia 24 Apr 2008 08:37 GMT Port receives award for twentieth time as bunker sales, shipping and cargo tonnage continue to rise.
	Royal Caribbean raises fuel supplement 23 Apr 2008 12:21 GMT Cruise ship operator's revised fuel supplement comes into effect next month.
	Chemoil appoints new head for Panama division 22 Apr 2008 11:41 GMT GMT Experienced oil executive Andres Galavis is given Panama leadership role.
	CARB to consider Emission Reduction Plan 22 Apr 2008 09:20 GMT California Air Resources Board to examine implementation of plan this week.
	Crude rises above $117 for the first time 21 Apr 2008 09:45 GMT Oil prices spike to record levels as OPEC rejects calls to boost output.
	Strike is suspended at Marseille 21 Apr 2008 06:47 GMT Normal bunkering operations expected to resume as port workers end strike.
	Crude stays over $115 after hitting record 18 Apr 2008 08:05 GMT Crude oil remains at $115 as investors continue to hedge against the weakening dollar.
	Petrojam set to increase profits by US$176 million 18 Apr 2008 06:47 GMT Government report expects profits and revenue to soar in 2008/09.
	Sri Lanka delays 360,000 mt fuel oil tender 17 Apr 2008 10:42 GMT State-run firm extends validity date to examine bidders' prices.
	Georgiopoulos launches green private equity fund 17 Apr 2008 07:24 GMT Equity fund to invest in businesses dedicated to emissions reduction and energy efficiency.
	Mediterranean moves to a new office 16 Apr 2008 10:21 GMT Piraeus-based bunker trading company moves to a new company address.
	Japan becomes leading importer of Russian fuel oil 16 Apr 2008 08:03 GMT Imports of fuel oil into Japan increase as refineries switch to Russian M100.
	WOQOD completes quality management project 15 Apr 2008 10:25 GMT Qatar-based firm implements management system for operations in Ras Laffan.
	Crude climbs to record high of $112.48 a barrel 15 Apr 2008 07:46 GMT Decline in the greenback prompts traders to purchase futures contracts.
	Black Diamond barge is back in action 14 Apr 2008 10:09 GMT Black Sea supplier announces its barge will carry out deliveries again this week.
	DME is named Exchange Newcomer of the Year 14 Apr 2008 07:17 GMT Leading exchange in the Middle East is congratulated for becoming 2008 Exchange Newcomer of the Year.
	Cost of low sulphur fuel oil refinery escalates 11 Apr 2008 07:04 GMT Refinery in the Middle East plans to produce low sulphur fuel oil. Cost rises to US$19 billion.
	World Fuel Services to acquire assets of Texor Petroleum 10 Apr 2008 10:56 GMT Acquisition set to strengthen World Fuel Services' position in the ground based fuel market.
	Crude hits record high as US inventories fall 10 Apr 2008 06:58 GMT Oil prices soar to record levels as EIA reports a drop in US stock levels.
	NYMEX changes margins for Petroeum Swaps Contracts 09 Apr 2008 10:57 GMT Margins for fuel oil and gas oil swap futures contracts are affected by changes.
	Indian firm offers 480,000 mt of 380cst via tender 09 Apr 2008 08:46 GMT Refinery offers to export fuel oil cargo via tender for June-November lifting.
	PACCSHIP pleads guilty to concealing oil pollution 08 Apr 2008 11:16 GMT Ship operator to pay US$1.7 million for improper discharge of oil-contaminated waste.
	Bominflot starts supplying in Kali Limenes 08 Apr 2008 07:46 GMT German supplier and trader announces that it is now physical in Crete.
	20,000 barrels of fuel oil removed from grounded barge 07 Apr 2008 13:42 GMT Emergency fuel oil transfer carried out as barge runs aground in Florida.
	Dan-Bunkering appoints new bunker trader 07 Apr 2008 11:05 GMT Global bunker trader announces details of the latest addition to its team in Middelfart.
	MEPC approves reduction in sulphur emissions 07 Apr 2008 08:17 GMT IMO Committee decides on progressive reduction of global sulphur cap and new limits in SECAs.
	Fuel Oil workshop announced for Oil Traders' Conference 04 Apr 2008 11:50 GMT Course provider anounces fuel oil workshop at 9th Annual China Oil Traders' Conference
	BAF for Far East to North America is announced 04 Apr 2008 08:41 GMT Maersk Bunker Adjustment Factor for Far East to USA and Canada trades is revised.
	Crude goes higher after falling over US$1 03 Apr 2008 15:45 GMT Crude recovers to surpass previous day levels after dropping over US$1
	Maersk introduces new BAF for Americas to East Africa 03 Apr 2008 08:43 GMT New rates for North and Latin America to East Africa to come into effect next month.
	PDVSA eyes key oil terminal facilities for expansion 02 Apr 2008 14:48 GMT Venezuelan company plans to purchase and lease terminals in Latin America and the Caribbean.
	BP Marine Fuels appoints new Chief Operating Officer 02 Apr 2008 11:14 GMT Ex-Air BP Asset Director looks to drive the business forward and secure new opportunities.
	Dan-Bunkering moves to new office 01 Apr 2008 13:52 GMT Danish supplier and trader relocates to a new office in Copenhagen
	Mitropoulos defends shipping's environmental record 01 Apr 2008 10:28 GMT IMO Secretary-General hits back at shipping's green critics in MEPC opening address.
	South Korea to reduce import tariff on fuel oil 01 Apr 2008 08:52 GMT Import taxes on oil products to be cut from today in an attempt to curb inflation

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