30 Jun SEAaT welcomes EU sulphur decision Cross-industry group says that provisions for more abatement technology testing is good news for shipping industry and environment. In Full
28 Jun ARA facing 'big problems' as newbuilds arrive Ironically, the rush to prepare for future double-hull requirements could cause severe overcapacity towards the end of 2005, barge operator predicts. In Full
25 Jun FTS-Hofftrans adds another double-hull to ARA fleet Today's celebrations in Rotterdam come just a day after the company launched a double-hulled bunker barge in Antwerp, and takes it halfway through its newbuilding programme. In Full
25 Jun Little initial uplift from FAMM's Seattle exit Tough competition on prices from Asia and tight avails have made it difficult to assess any uplift in business since major's departure in May, say remaining players.
In Full
25 Jun Singapore: First the milkshake, now the cappuccino Bunkerworld reported practices of degrading fuel earlier this week, now sources reveal how delivery volumes can be artificially inflated. Singapore's authorities have gone a long way to clean up the market...but malpractice continues to be a problem in some other ports. In Full
24 Jun Government intervention likely as oil firms announce lockout By calling for a lockout of North Sea oil workers that are part of striking unions, oil firms will probably force a government settlement as it threatens all of Norway's oil and gas production.
In Full
24 Jun Analysis finds off-spec fuel in Singapore DNVPS confirms off-spec fuel found in Singapore bunker market, while up to four suppliers and 'at least' two storage facilities could be implicated, sources say. (Picture: Lintec) In Full
22 Jun NT Marine supplements barge fleet with fuel oil trucks 'Flexibility and environmental safety' primary reasons behind new service in Estonian ports, as well as supplementing barge deliveries when double-hull requirements come into force. In Full
22 Jun Baltic ban on single-hulls to come into force next year Despite an EU ban on the carriage of heavy oil in single-hull tankers in 2003, such shipment has still been allowed through the Baltic Sea to and from non-EU countries. However at a meeting yesterday 11 countries, including Russia, agreed to stop the shipment of heavy oils in single-hulls from next year. In Full
21 Jun Crude past peak as market grows tired of wariness Crude market temporarily past peak due to growing US stocks and exit of long speculative positions, limiting effect of terrorist activity as long as actual supply stays on course. In Full
18 Jun No word over OPL future as Hong Kong players suffer China's Maritime Safety Administration's decision to implement new routing system OPL Hong Kong has impacted between 30% and 40% of the port's bunker business, local players claim.
In Full
15 Jun Bearish Hong Kong market dries up Suppliers await resupply as current product has been soaked up by strong demand, while Taiwanese prices have proved less attractive. In Full
11 Jun Settlement reached in New Carissa saga The frustrating and often unconventional efforts involved in preventing an even bigger bunker spill from the cargo vessel New Carissa took on comical qualities. In Full
11 Jun Baltic rises see demand fall slightly EU tax regulations are causing some headaches for newcomers to the union, but Baltic suppliers have otherwise enjoyed a week of healthy demand. In Full
11 Jun Raised demand growth forecast sparks new crude rally Crude oil futures were showing significant strength yesterday as markets again rose sharply on news that the International Energy Agency (IEA) had raised its forecast for demand in 2004. In Full
10 Jun Viswalab advocates enhanced testing to prevent bad bunkers In a frank Q&A session, Dr. Vis argues the case for additional testing to identify harmful contaminants, and does not shy away from the controversy surrounding deliberate contamination of bunker fuels. In Full
10 Jun Russian supplier begins new operation Russian supplier expands product line to include heavy fuel oil grades and supply tankers concurrent with cargo operations. In Full
09 Jun Black Sea supplier expands barge fleet A Black Sea supplier announces the introduction of a new barge to their fleet, bringing the number of vessels in service to three. In Full
08 Jun Hong Kong still moving steadily down Hong Kong was softer again today while a sharp fall in Taiwan's IFO prices yesterday brought it into line with regional trend. In Full
07 Jun Much work remains on EU bunker barge fleet Poll reveals a majority feeling unconvinced about EU readiness for double-hull deadline, with many suppliers still considering their options. In Full
04 Jun Petrobras expands into China Brazilian-based supplier follows arrival in Singapore with Chinese office as General Manager hints of expansion into other Far East locations. In Full
02 Jun Hong Kong suppliers look for support after OPL ban Players call for wider shipping industry to make their voice heard following the banning of OPL bunker supply in a market where 50% of bunkers are supplied off-port. In Full
01 Jun FAMM confirms 15% global staff cut Company statement says reorganisation enables more effective means of addressing industry needs 'in an increasingly competitive marketplace'. In Full
01 Jun Crude prices surge as oil terrorism fears loom large The real fear in the market is that terrorists will target oil infrastructure in the world's biggest oil exporter and the only producer with any significant extra output capacity. In Full
