O.W. Bunker recommends hedging up to 30% of physical bunkers in early 2010, plus using swaps and call options.

Companies must adopt 'appropriate level of conservatism', says O.W. Bunker.

CEO says unpredictability of the financial markets 'dictates caution' for the coming year.

New office to focus on bunker buyers' needs in Australia and New Zealand.

Growing concern that bunker price pressure will contribute to cyclical downturn for shipping.

O.W. Bunker says some ship operators are taking 'unnecessary risks'.

Duties and refinery maintenance slash export volumes.

Latest increase will come into effect in June.

Group says unpredictable market dynamics has increased demand for risk management expertise.

'Plentiful' supplies in Singapore and Rotterdam have slowed price increase in the fuel oil markets.