15 Feb Tesoro hits half-billion profit Mid-size US refiner posts record profit on high throughput and refining margins, but heavy fuel sales down. In Full
14 Feb Japanese lines' outlook, shares, hit by fuel cost Japan's three biggest shipping lines have lowered their full-year operating profit forecasts as surging bunker costs, combined with a drop in freight rates, are expected to bite. In Full
13 Feb Shell & ONGC explore cooperation for marine fuels & lubes Oil major Shell and Indian oil company sign comprehensive MoU on cooperation across the full range of upstream and downstream activities, including the marine fuels and lubes markets. In Full
10 Feb Changing of the guard at IBIA In an extract from a frank interview with Bunkerworld magazine, Don Gregory, chairman of the International Bunker Industry Association (IBIA), admits that the industry association needs to adapt to changing times. In Full
09 Feb Supplier dismisses employee for fraudulent practices Supplier dismisses employee for acting in conflict of interests, in breach of an agency agreement and for misappropriating agency funds, and warns of wrongful associations with another company.
In Full
08 Feb Lubmarine warns of further lube oil price rises Lube prices will rise in the near future as producers seek to recover increases and balance the delayed impact of last year's substantial hikes in base oil and additive prices. In Full
08 Feb Scrubbing costs need to be hedged, argues expert Seawater scrubbing can offer environmental and commercial solutions for the refining and shipping industries, but operators need payment options, claims expert
In Full
07 Feb Lubrizol: Higher shipment volume helps offset costs Lubricant additives manufacturer continues to see strong growth as price and product mix, as well as higher shipment volume more than offset higher raw material and utility costs. In Full
07 Feb Imarex: Bunker fuel oil derivatives trading up 87% Imarex broke two new liquidity records during January as trading in listed maritime derivatives contracts reached all time highs in the dry bulk, tankers and bunker fuel oil sectors. In Full
06 Feb Spill probe puts 65 vessels under spotlight Hanseatic Shipping says a vessel under its management was not responsible for a spill in Estonia, and that 65 vessels are being investigated. In Full
02 Feb Firm prices sap demand in Japanese market As Japan's bunker fuel prices firmed, its bunker demand is expected to be depleted by competitive prices offered in South Korean and Chinese ports. In Full
