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News Archive - November 2009

Three-day marine fuel training course announced
27 Nov 2009 13:11 GMT

Course to focus on how the properties of bunker fuels affect fuel handling, combustion and cost.

US seminar to focus on emission standards
27 Nov 2009 12:32 GMT

Event to identify where environmental standards should be developed in order to improve maritime operations.

Market Briefing
27 Nov 2009 11:22 GMT

Rotterdam Market Report
27 Nov 2009 11:17 GMT

Chemoil European Director resigns
26 Nov 2009 16:12 GMT

Recently appointed sales and marketing director will be leaving at the end of this week.

Shell launches lubricants plant in China
26 Nov 2009 15:23 GMT

New complex could become one of Shell's top three lubricants blending plants worldwide.

Praxis Market Update
26 Nov 2009 14:52 GMT

Global Vision announces UK appointment
26 Nov 2009 11:56 GMT

Ex-Bominflot Director is appointed UK Business Development Manager.

Rotterdam Market Report
26 Nov 2009 11:48 GMT

Ship powered by LNG fuel cells unveiled
26 Nov 2009 11:19 GMT

Low emission container freight vessel aims to cut CO2 emissions by 69 percent per container carried.

Market Briefing
26 Nov 2009 10:31 GMT

Ops Manager leaves TOTAL Belgium
26 Nov 2009 07:35 GMT

Marine Fuels Operations Manager will be vacating his post at the end of this week.

Singapore Market Commentary (with evening update)
26 Nov 2009 06:42 GMT

European indices plummet over $13/mt
25 Nov 2009 18:22 GMT

Average price levels in North West Europe and the Mediterranean fall by 14.41 and 13.49/mt respectively.

Praxis Market Update
25 Nov 2009 13:56 GMT

Rotterdam Market Report
25 Nov 2009 11:52 GMT

New employee at Dan-Bunkering Shanghai
25 Nov 2009 11:37 GMT

Lynn Lin joins Dan-Bunkering's Shanghai-based team to work as a Marketing Executive.

Market Briefing
25 Nov 2009 11:34 GMT

Mitropoulos 'confident' shipping can improve fuel efficiency
25 Nov 2009 08:37 GMT

IMO Secretary-General says shipping can reduce its carbon footprint with 'carefully crafted measures'.

Singapore Market Commentary (with evening update)
25 Nov 2009 07:11 GMT

CEPSA reinforces its presence in Huelva
25 Nov 2009 06:57 GMT

Supplier says it is now able to offer an improved service with more flexibility and time-saving.

East Asia 380-cst price comparison
25 Nov 2009 00:24 GMT

Price trends in the East Asian ports of Hong Kong, Kaohsiung and Shanghai are analysed.

Praxis Market Update
24 Nov 2009 18:22 GMT

New Managing Director for Bominflot Kiel
24 Nov 2009 13:46 GMT

Jens Weselmann replaces Rainer Kirschen as Managing Director of Bominflot's Kiel business.

Rotterdam Market Report
24 Nov 2009 12:33 GMT

Market Briefing
24 Nov 2009 10:31 GMT

Bunker-producing refinery ready by 2013
24 Nov 2009 10:13 GMT

Petrobras says new low-sulphur facility will be operational by 2013.

Petroplus announces management change
24 Nov 2009 07:38 GMT

Commercial and refining operations to be combined into a single unit in an effort to improve margins.

Singapore Market Commentary (with evening update)
24 Nov 2009 07:28 GMT

Bominflot acquires control of SBI -source
24 Nov 2009 02:31 GMT

German bunker supplier is reported to have acquired rival firm SBI Holding BV.

Praxis Market Update
23 Nov 2009 18:17 GMT

MARPOL Annex VI: IAPP Certificate update
23 Nov 2009 14:07 GMT

Latest update on the issuance of the new International Air Pollution Prevention (IAPP) Certificate.

Market Briefing
23 Nov 2009 12:22 GMT

Acquisition bid for French supplier CDH
23 Nov 2009 12:11 GMT

New ownership on the cards as Reliance Industries offers to acquire LyondellBasell.

Rotterdam Market Report
23 Nov 2009 11:22 GMT

Takreer awards UAE port facility contract
23 Nov 2009 07:33 GMT

New marine port and bunker-producing refinery facilities are expected to be completed by 2014.

Singapore Market Commentary (with evening update)
23 Nov 2009 06:34 GMT

Praxis Market Update
20 Nov 2009 15:16 GMT

Aegean awarded oil spill recovery contract
20 Nov 2009 13:40 GMT

Aegean vessel to serve on standby in the English Channel and its Atlantic approaches.

GL issues fuel switch engine failure warning
20 Nov 2009 13:22 GMT

Classification society publishes guide on maintaining engine and boiler safety when using LSDO.

IMO to examine GHG regulation next week
20 Nov 2009 12:23 GMT

IMO Assembly to meet in London next week to review work carried out between 2008 and 2009.

Rotterdam Market Report
20 Nov 2009 12:09 GMT

Market Briefing
20 Nov 2009 10:42 GMT

Three-day marine fuel training course announced
20 Nov 2009 09:28 GMT

Course to focus on how the properties of bunker fuels affect fuel handling, combustion and cost.

Bulb design change saves 15,000 tonnes of fuel
20 Nov 2009 07:18 GMT

Maersk Line increases fuel efficiency by implementing an alternate bulb design.

Singapore Market Commentary (with evening update)
20 Nov 2009 06:52 GMT

Maiden voyage completed with 'fuel-saving' Azipods
19 Nov 2009 17:28 GMT

Oasis of the Seas crosses the Atlantic with fuel efficient propulsion system.

Praxis Market Update
19 Nov 2009 13:36 GMT

Tsakos Energy Navigation joins SEAaT
19 Nov 2009 13:12 GMT

Shipping firm becomes official member of association dedicated to emissions abatement and trading,

Faulty valve may have caused bunker spill
19 Nov 2009 12:47 GMT

State official says malfunctioning valve may have caused last month's San Francisco spill.

Rotterdam Market Report
19 Nov 2009 12:35 GMT

Market Briefing
19 Nov 2009 12:32 GMT

First sea trial of 'fuel-saving' device completed
19 Nov 2009 07:22 GMT

New product is said to cut bunker costs by improving the water inflow towards the propeller.

Singapore Market Commentary (with evening update)
19 Nov 2009 06:17 GMT

Praxis Market Update
18 Nov 2009 15:49 GMT

Global Risk introduces "optional ports" hedging strategy
18 Nov 2009 11:48 GMT

Physical hedging strategy is said to offer built-in flexibility with the option to change port.

Rotterdam Market Report
18 Nov 2009 11:14 GMT

Market Briefing
18 Nov 2009 10:02 GMT

Vopak sells storage terminal
18 Nov 2009 09:56 GMT

Terminal operator says facility has a limited 'strategic fit' with its global network strategy.

East Coast South America price comparison
18 Nov 2009 08:06 GMT

Price fluctuations in Buenos Aires, Montevideo, Santos and Rio de Janeiro are analysed.

Singapore Market Commentary (with evening update)
18 Nov 2009 06:02 GMT

WFS announces two-for-one stock split
18 Nov 2009 00:24 GMT

US firm says stock split will improve liquidity and represents commitment to enhancing shareholder value.

Praxis Market Update
17 Nov 2009 15:34 GMT

Med: Average bunker price jumps over $18/mt
17 Nov 2009 13:57 GMT

BIX MED rises over 3.4 percent as prices surge as a consequence of crude price gain.

Rotterdam Market Report
17 Nov 2009 12:14 GMT

Bunker vessel delivered to Haugland Tankers
17 Nov 2009 11:49 GMT

New bunker tanker to be used for the transportation of clean and dirty oil products.

Market Briefing
17 Nov 2009 09:48 GMT

Multigas carrier to supply LNG to bunker market
17 Nov 2009 07:42 GMT

Specialized gas carrier will be used to distribute LNG to end users in the marine fuel market.

Paradip fuel oil removal completed
17 Nov 2009 07:16 GMT

Salvage firm is reported to have successfully retrieved fuel oil from sunken bulk carrier.

Singapore Market Commentary
17 Nov 2009 05:58 GMT

Praxis Market Update
16 Nov 2009 16:03 GMT

CEPSA reinforces its presence in Huelva
16 Nov 2009 14:57 GMT

Supplier says it is now able to offer an improved service with more flexibility and time-saving.

Rotterdam Market Report
16 Nov 2009 13:31 GMT

Singapore sales top 30m tonne mark
16 Nov 2009 10:19 GMT

Accumulated sales surpass 30 million tonnes for the first time in October.

Market Briefing
16 Nov 2009 09:38 GMT

US West Coast ports promote bunker savings
16 Nov 2009 07:26 GMT

Ports say there is a 'compelling case' for US West Coast deployments with lower fuel costs.

Singapore Market Commentary (with evening update)
16 Nov 2009 05:31 GMT

Praxis Market Update
13 Nov 2009 15:37 GMT

Petrobras: 'New procedure' for Argentina and Uruguay
13 Nov 2009 14:01 GMT

All enquiries to be handled by Carlos Rossi from next week.

Shanghai: Cruise sector bunker volumes set to surge
13 Nov 2009 13:01 GMT

MOU signed for the development of cruise terminal to further boost China's cruise market.

OW: 'Physical hedging is key to managing risk'
13 Nov 2009 12:21 GMT

General Manager says hedging will play a key part of risk management strategies in 2010 and beyond.

Chemoil posts $12.6 million net loss
13 Nov 2009 11:42 GMT

Net income falls 220 percent, gross contribution per metric tonne tumbles 93.2 percent.

Rotterdam Market Report
13 Nov 2009 11:28 GMT

Market Briefing
13 Nov 2009 10:33 GMT

Aegean CEO to present at New York event
13 Nov 2009 07:15 GMT

E. Nikolas Tavlarios is scheduled to present at investment conference next week.

Singapore Market Commentary (with evening update)
13 Nov 2009 06:15 GMT

Praxis Market Update
12 Nov 2009 17:32 GMT

Bunker Index (BIX) Vs WTI trend comparison
12 Nov 2009 15:40 GMT

Average global bunker price is compared against WTI crude between April and October 2009.

Praxis joins the BunkerBlog (FREE)
12 Nov 2009 13:07 GMT

Worldwide broking and trading house begins posting its market updates on the BunkerBlog.

Market Briefing
12 Nov 2009 11:32 GMT

Rotterdam Market Report
12 Nov 2009 11:31 GMT

Maersk: Average bunker price falls 43%
12 Nov 2009 11:18 GMT

Average fuel price decreases by $232 per tonne during the first nine months of 2009.

Vopak posts 27% rise in operating profit
12 Nov 2009 10:08 GMT

Improved results said to be due to storage capacity expansions and efficiency improvement programs.

New bunker trader at Dan-Bunkering
12 Nov 2009 08:03 GMT

Mark Hjort joins Danish firm's sales team in Middelfart.

Aegean posts $4.6 million rise in net income
12 Nov 2009 06:55 GMT

Third quarter results are driven by 22.1 percent increase in sales volumes.

Singapore Market Commentary (with evening update)
12 Nov 2009 06:12 GMT

Praxis Market Update
11 Nov 2009 14:22 GMT

Singapore 380-cst average rises 5% less than WTI in October
11 Nov 2009 13:48 GMT

Statistical comparison between Singapore 380-cst and WTI from January to October 2009.

Rotterdam Market Report
11 Nov 2009 11:17 GMT

Fuel switch demonstration in Gulf of Mexico
11 Nov 2009 11:08 GMT

Project launched to demonstrate the 'effectiveness' of using lower-sulphur fuels in ocean-going vessels.

Market Briefing
11 Nov 2009 10:04 GMT

IBIA issues sulphur content warning
11 Nov 2009 09:48 GMT

Association warns that ships could be subject to different sulphur limits from July 2010.

New ship cuts fuel consumption & GHGs
11 Nov 2009 07:28 GMT

Container ship is equipped with Fast Oil Recovery System and new device to cut fuel consumption.

Singapore Market Commentary (with evening update)
11 Nov 2009 06:18 GMT

Chemoil expands Greek sales team
10 Nov 2009 17:12 GMT

Ex-Bominflot Hellas employee Liana Pietsch joins Chemoil's sales and marketing team in Athens.

Praxis Market Update
10 Nov 2009 16:07 GMT

Med average jumps $15.12 per tonne
10 Nov 2009 13:57 GMT

BIX MED surges as average MGO price rises by over $24 per tonne.

Throughput rise at Petersburg Oil Terminal
10 Nov 2009 11:34 GMT

Year-on-year throughput of oil products increases in October 2009.

Rotterdam Market Report
10 Nov 2009 11:04 GMT

Market Briefing
10 Nov 2009 10:01 GMT

Cold ironing partnership announced
10 Nov 2009 09:14 GMT

Agreement to collaborate on the construction, marketing and supply of high-voltage shore connection.

OW Bunker Belgium: MD resigns
10 Nov 2009 07:22 GMT

Rudi Beyens resigns from his position of Managing Director.

Singapore Market Commentary (with evening update)
10 Nov 2009 06:44 GMT

Gap narrows: Rotterdam Vs global 380-cst average
09 Nov 2009 13:36 GMT

Small gap in price between the world's leading ports has also led to a lower price differential between Rotterdam and BIX 380 CST.

Market Briefing
09 Nov 2009 09:41 GMT

Indian refiner sells 380-cst cargo
09 Nov 2009 09:08 GMT

30,000-tonne parcel is scheduled for lifting from India's southeast coast at the end of November.

Bunker quality study is completed
09 Nov 2009 08:31 GMT

Timely report provides insight into the inter-industry compliance issue.

Qingdao to operate marine fuel transfer center
09 Nov 2009 07:03 GMT

Leading bunker supplier is reported to be investing US$25 million in the project.

Singapore Market Commentary (with evening update)
09 Nov 2009 05:58 GMT

Bunker Index(BIX): 9.6% intra-month rise in October
06 Nov 2009 12:43 GMT

October rise of $48.22 is the highest intra-month increase since May.

Bunker Index (BIX) statistical summary
06 Nov 2009 12:14 GMT

Key monthly Bunker Index (BIX) data provided in price summary.

Bunker Index launches BunkerTrends price analysis service
06 Nov 2009 11:51 GMT

BunkerTrends provides time-saving in-depth analysis of key bunker market trends.

BIX average up 3.8% in October
06 Nov 2009 11:51 GMT

Data analysis shows that October price rise was less than in August, May and April.

Rotterdam Market Report
06 Nov 2009 11:06 GMT

Market Briefing
06 Nov 2009 10:24 GMT

Singapore Market Commentary (with evening update)
06 Nov 2009 06:12 GMT

Lloyds Register to issue air pollution certificates
05 Nov 2009 15:52 GMT

Coast Guard authorizes Lloyds Register to issue certificates on their behalf to US vessels.

Associations back IMO on GHG issue
05 Nov 2009 15:22 GMT

Associations say emission reduction measures should only be implemented through the IMO.

Rotterdam Market Report
05 Nov 2009 12:20 GMT

Market Briefing
05 Nov 2009 10:57 GMT

Facilities submit plans to install shore power
05 Nov 2009 09:21 GMT

Terminal plans indicate that a number of facilities in California plan to install grid-based shore power systems.

'Zero emission' yacht presented in Florida
05 Nov 2009 07:32 GMT

New hybrid yacht is said to cut fuel consumption by up to 40 percent.

Singapore Market Commentary (with evening update)
05 Nov 2009 06:02 GMT

Fleet emission credit forms available
04 Nov 2009 11:49 GMT

Application forms for fleet emission credits (FEC) are made available in California.

Rotterdam Market Report
04 Nov 2009 11:01 GMT

Market Briefing
04 Nov 2009 09:52 GMT

Vopak to issue US$680m Notes Program
04 Nov 2009 09:11 GMT

Terminal operator says it will issue a senior unsecured Notes Program in the US Private Placement market.

WFS net income drops 27 percent
04 Nov 2009 07:28 GMT

Q3 marine segment profit falls 37 percent during 'challenging economic conditions'.

Singapore Market Commentary
04 Nov 2009 06:15 GMT

Rotterdam Market Report
03 Nov 2009 12:12 GMT

Puerto Rico fire not sabotage, says FBI
03 Nov 2009 11:39 GMT

FBI says last month's oil storage facility fire was not an act of sabotage.

Market Briefing
03 Nov 2009 10:01 GMT

Freight ship hole patched, bunker spill curtailed
03 Nov 2009 09:51 GMT

Divers patch a hole to prevent further spillage of fuel into the Gulf of Mexico.

Infratil in talks to buy Shell NZ assets
03 Nov 2009 07:27 GMT

Consortium enters into negotiations with oil major over acquisition of refining and downstream businesses.

Singapore Market Commentary (with evening update)
03 Nov 2009 06:14 GMT

Rotterdam Market Report
02 Nov 2009 13:42 GMT

Lukoil launches Kaliningrad barge
02 Nov 2009 13:11 GMT

New barge will be used to carry out deliveries of 380-cst in Kaliningrad.

Brightoil Executive Director resigns
02 Nov 2009 12:35 GMT

Director of marine fuel supply firm resigns for 'personal reasons'.

Ship carrying fuel sinks during recovery operation
02 Nov 2009 11:09 GMT

Fishing vessel carrying 2,000 gallons of fuel sinks near Alaska as recovery operation goes horribly wrong.

Market Briefing
02 Nov 2009 10:51 GMT

Bunker spill off Louisiana coast
02 Nov 2009 10:11 GMT

Freight ship is ordered to move further offshore to lessen the impact of oil on the shoreline.

Fuel cells 'closer' to commercialization
02 Nov 2009 07:44 GMT

Joint Industry Project moves into its final phase following 'successful' installation on merchant ship.

Singapore Market Commentary (with evening update)
02 Nov 2009 06:58 GMT