29 Apr Platts director defends MOC methodology Pricing chief says change to MOC in Rotterdam last year had meant 'fewer phantom deals' were now factored into daily assessments. In Full
28 Apr Lack of product still plagues Fujairah Earliest supply dates in Fujairah were being pushed further backwards today, with already tight avails suffering from exports to other regions and tightening security at cargo sources In Full
28 Apr DNVPS confirms contaminants found in two Persian Gulf ports DNV Petroleum Services confirmed that chlorinated contaminants and naphthalene were discovered in bunkers supplied in Fujairah and Muscat during the second half of March and the first half of April. In Full
27 Apr Dover report: Scrubbing the way forward Use of scrubbing on a portion of Dover ferries would be as efficient in reducing sulphur emissions to meet air quality objectives as all ferries switching to low sulphur fuels, claims report.
In Full
26 Apr Fujairah supplier says problem fuel was supplied in good faith The Fujairah bunker supplier which sold fuel that was later debunkered said the fuel was supplied in good faith that it was compliant with ISO specification. It also said some buyers had used the fuel without incident.
In Full
26 Apr Bunker suppliers see out tug strike Owners' spokesman hints that deal with tug operators could be 'costly' to other industries relying on coastal marine services. In Full
23 Apr Singapore fuel oil imports seen unsuitable for bunkers Some traders think bunker premiums compared to mean Singapore fuel oil values will rise as overall bloated stocks of fuel oil will not equal healthy avails of on-spec marine fuels. In Full
20 Apr OPEC experimenting with new reference oil price The new trial formula works out a lot lower than the official basket price and explains why the cartel has declined to enforce its so-called price band mechanism. In Full
19 Apr Tokyo supply tightens ahead of Golden Week The Japanese bunker market is set to come to a virtual standstill during the forthcoming Golden Week celebrations, making early bookings essential. In Full
16 Apr New push for alternative bunker separation standard Swedish product development company Alfa Laval claims new '5 micron standard' offers a more cost effective method to test extraction of catalytic fines from bunker fuel. In Full
08 Apr Bulls & holidays dampen demand in the ARA A combination of tight prompt avails coupled with bullish crude movements have conspired to push markets in the region significantly higher today. This was another factor suppressing demand as more attractively priced options can be found, depending on the shipping route of any given buyer. In Full
08 Apr Singapore ends week firm but nervous of correction Prices firmed in Singapore today as the market slowed down ahead of the long weekend, but suppliers were heard keen to sell at today's elevated numbers as many anticipated the bull run for this market could be coming to an end. In Full
08 Apr Mixed bunker avails outlook as refiners cut runs South Korea's biggest refiner has cut crude processing rates more than originally planned this month, while other refiners have cut production of HSFO, which is having some impact on the country's bunker market. In Full
07 Apr US oil draw sets bulls in motion Oil prices jumped by more than $1 per barrel today after the latest US government data revealed an unexpected fall in US stocks of crude and petroleum products. In Full
07 Apr Russia opposes Baltic "special status" The International Maritime Organisation (IMO) on Friday declared the Baltic Sea as one of ten Particularly Sensitive Sea Areas (PSSA). The declaration was made in response to an appeal made by countries in the Baltic, with the exception of Russia. In Full
06 Apr South American shortages could last months Many markets throughout South America this week continue to suffer availability problems. Uruguay and Argentina in particular are countries where the bunker market is affected by such trouble. Local sources see little light at the end of the tunnel. In Full
06 Apr Security expert warns of ISPS bunker 'chaos' UK-based maritime security consultant says that the failure of bunker barge operators and bunker suppliers to meet new IMO security measures could impact upon their business. In Full
05 Apr Singapore: OPL bunkering affected by ISPS code Bunker barges of 500 grt and above which are used to service vessels in international waters near the island state will be required to comply with new security regulations. In Full
05 Apr Cockett Marine Oil expands into Latin America This latest addition marks a further push into the Americas for the Cockett group, as the company aims to establish regional and local offices in major markets. In Full
02 Apr World Fuel Services confirms takeover negotiations World Fuel Services (WFS) announced today that negotiations are indeed underway for the purchase of the Tramp Oil Group (Tramp), with the transaction expected to completed within the next few days. In Full
02 Apr New Baltic terminal to boost Lukoil's bunkering capacity Russian oil giant Lukoil plans to open a new oil terminal on the island of Vysotsk in the Gulf of Finland this summer. The new terminal will help Lukoil boost exports of crude and oil products, and eventually boast dedicated bunkering infrastructure.
In Full
01 Apr Pre-booming soon to become Washington bunker requirement Washington state governor Gary Locke yesterday signed Senate Bill 6641 which enacts improved oil spill prevention measures. A Puget Sound bunker spill at the end of 2003 was the catalyst for the new bill. In Full