News Archive Oct 2005

31 Oct Plunging crude sends US bunker prices lower
Crude oil shaking off hurricane woes and dragging bunker prices down with it.
In Full
31 Oct K-Sea announces results, new barges for New York
US East Coast barge company posting record earnings and planning new barges for New York bunker market.
In Full
31 Oct BP launches first of double-hull lube oil barges
Growing lube oil demand as well as regulatory and environmental factors cited as reasons behind latest acquisitions.
In Full
31 Oct Court's sale of debt-ridden vessel completed
The bunker trader with the biggest claim against the vessel fears sale will not cover all incurred costs and debts.
In Full
31 Oct Unpopular EU ship source pollution directive adopted
Disputed directive is said to contravene international law and criminalise accidental polluters.
In Full
31 Oct UK: Infineum opens new technology facility
New facility will be used for research into new crankcase, marine and speciality lubricant additives as well as fuel and refinery additives.
In Full
31 Oct US Navy vessel causes spill during transfer
31 Oct Quiet start to the week in Rotterdam
28 Oct PDVSA Deltaven resumes Freeport barge bunkering
Venezuelan supplier announcing a return to supply operations in the Bahamas following hurricane Wilma.
In Full
28 Oct Outlook uncertain for 1.5% bunker fuel availability
Refiners predicting availability shortfall and $60 price premium as low-sulphur restrictions are mooted in North America.
In Full
28 Oct MMM records Q4 loss, full year profits down
Bunker prices largely to blame for disappointing results.
In Full
28 Oct St. Petersburg bunker bonanza over?
On the surface it looks like below $200 fuel oil is already history.
In Full
28 Oct MPA introduces SMS applications for STS bunker operations
Singapore's Maritime and Port Authority says updated regulations will help expedite STS approvals.
In Full
28 Oct Vopak announces continued 2005 profit gains
Global terminal giant saw Q3 results positively influenced by hurricane disruptions to US oil industry.
In Full
28 Oct Additives: Lubrizol posts strong Q3 and 9 month results
Lubricant and fuel additives manufacturer Lubrizol suffered less from hurricane Rita than competitor, benefiting the firm.
In Full
28 Oct Rotterdam, Antwerp markets a little up with crude
28 Oct Hong Kong: 180 cst market tight, suppliers cautious
Suppliers not keen to offer 180 cst as supplies begin to run low.
In Full
28 Oct Cold winter forecast drives up oil prices
Oil prices rose on Thursday following forecasts of cold winter in the US Northeast.
In Full
28 Oct ExxonMobil, Shell record new record profits
As news of new scale of oil major profits filters through political corridors, US Congress Republicans call for new controls on cash-flush oil companies.
In Full
27 Oct Cruise ship season ends for Vancouver suppliers
The boost to bunkering from cruise ships is ending this week but suppliers look to stay busy as winter approaches.
In Full
27 Oct Bahamas bunkering resumption uncertain
Terminal damage keeping bunkering in Freeport shut down again today but with no impact on bunker markets elsewhere.
In Full
27 Oct Singapore bunker quality dispute fuels speculation of foul play
Variable fuel test outcomes has led a Singapore paper to ask some uncomfortable questions.
In Full
27 Oct Tanker fined around $1,000 per litre for oil spill
Canadian court orders tanker to pay in the order of $1,000 per litre for estimated 64 litre illegal oil discharge.
In Full
27 Oct Fuel subsidy agreement sees Spanish fishermen end blockade
Spanish fishermen have reached an agreement with the government that will see an end to their blockade of major Spanish ports.
In Full
27 Oct Rotterdam softer with crude
27 Oct Singapore: Gains in stocks of residual fuels and distillates
27 Oct Strong growth in New York, but investment needed
Senior Chemoil official says growth in New York has been strong, but remains cautious due to restricted infrastructure.
In Full
27 Oct Survey: High bunker cost may trim Evergreen's Q3 profits
Evergreen Marine Corp may report a fall in its quarterly profit as reduced shipments and higher bunker fuel prices slowed Taiwan's export growth.
In Full
26 Oct Royal Caribbean shakes off bunker price woes for now
Cruise ship company announces record third quarter results despite rising fuel bills but is wary of future costs.
In Full
26 Oct Florida bunkering remains shut down
Miami and Port Everglades remain closed as bunker suppliers struggle to get operational.
In Full
26 Oct PDVSA Deltaven suspends Bahamas operations
Supplier advising that Freeport bunker supply suspended until terminal repairs completed following hurricane Wilma.
In Full
26 Oct DOE & API: Latest US inventory figures
US stocks of crude are up both on the week and on the year, while distillate inventories shrank last week.
In Full
26 Oct Multiple factors cited as St. Petersburg bunkers fall below $200
Heavy competition and fall-out from rise in export duty might explain why St. Petersburg offers the world's lowest bunker prices.
In Full
26 Oct Chinese energy shipper's margins expected to improve
Analyst expects Q4 profit margins to improve due to rising freight rates and falling bunker cost.
In Full
26 Oct Off-spec fuel cases confirmed in Singapore
A re-test ordered by the MPA in another DNVPS case has confirmed above-limit cat fines, as opposed to previously dismissed results.
In Full
26 Oct Rotterdam suppliers busy for end of month
26 Oct Australian ports hit by high fuel surcharge, technical glitch
International trade at Australian ports has been affected by higher bunker fuel surcharges and a major technical glitch.
In Full
26 Oct High fuel prices spark Spanish fishermen protest
Spanish fishermen protesting against hihg fuel prices blockaded Spain's Mediterranean ports yesterday.
In Full
26 Oct BP reports profit rise in Q3, 2005
BP reported a rise in Q3 profits despite sustaining hurricane damage to its rigs and refineries in the Gulf of Mexico.
In Full
25 Oct California sets timetable for 2007 diesel emissions rules
Air Resources Board announces public hearing to discuss new regulations for auxiliary engine emissions on ships in California waters.
In Full
25 Oct Hurricane's impact felt from Mexico to Canada
Hurricane Wilma heads north after leaving Mexican bunkering unaffected, Florida shutdown, and Halifax taking precautions.
In Full
25 Oct New sensor for large volume lubricant users
Kittiwake says its new ANALEXrs range of remote online sensors is 'especially valuable' to large volume lubricant users in the marine sector.
In Full
25 Oct West-East arbitrage cargoes seen up 50% in November
Western fuel oil arrivals into Asia in November seen up 50% against October, with most product slated to be 380 cst marine fuel specification.
In Full
25 Oct Dubai commodity exchange announces launch date
Initial trade will be in gold futures, followed by silver and then commodities - including marine fuel oil.
In Full
25 Oct Ships diverted as fuel oil dries up in Durban
Absolutely no fuel oil available in Durban amid refinery shutdowns.
In Full
25 Oct UK: MCA reports decline in vessel oil discharges
Oil discharge incidents show decline despite improved and more stringent reporting procedures.
In Full
25 Oct Rotterdam firm with barge market
25 Oct Singapore: Spot market regains life as avails improve
Singapore's spot market resumes activity as tight availability of bunker fuels eases, but barge congestion is expected.
In Full
25 Oct Singapore Petroleum Company profits rise in Q3, 2005
Singapore Petroleum Company posted higher profits in Q3 this year following the recent surge in oil prices in the aftermath of hurricanes Katrina and Rita.
In Full
24 Oct US Gulf demand slow to pick up
Bunker suppliers reporting a quiet day as buyers assess the market after hurricane Wilma.
In Full
24 Oct Wilma closes Florida ports, bunker offices
Ports shut down, bunkering suspended, and offices closed as hurricane sweeps over Florida.
In Full
24 Oct Analysts eye Lubrizol, predict hefty share price rise
Shares in additives manufacturer Lubrizol Corporation up 25% in the past year, analysts predict further bullishness.
In Full
24 Oct Singapore on target for 25-26 million mt bunker sales
Latest figures from the MPA show bunker sales for January to September have grown at a rate of 9% despite September volumes decreasing from last month.
In Full
24 Oct DNVPS stands by disputed Singapore test results
DNVPS defends accuracy and validity of Singapore test results despite conflict with Bunker Quality Advisory Panel findings.
In Full
24 Oct Baltic ports: Products transshipment a saving grace
Baltic ports specialising in products transshipment have been cushioned from slumping Russian crude oil exports.
In Full
24 Oct Singapore: Investigation goes against recent quality alert
No evidence to support last week's bunker alert after Singapore's Bunker Quality Advisory Panel is activated.
In Full
24 Oct Rotterdam little changed Monday morning
24 Oct Hong Kong market overcoming tight situation
Monday evening cargo arrivals to bring relief to Hong Kong market.
In Full
24 Oct New chairman for P&I Club
22 Oct Bunkers soften further despite oil's late recovery
Oil prices shook off early weakness and edged higher, while bunker prices generally slipped further as Hurricane Wilma heads for the west Florida coast.
In Full
21 Oct New Baltic port to include bunkering terminal
New Baltic port aims to attract share of growing trade in the region, and will include a bunkering terminal.
In Full
21 Oct Trader has unpaid bunker bill case rejected
A Greece-based trader's attempt at securing payment for unpaid bunkers in a US courts has been unsuccessful.
In Full
21 Oct Bids up at midday in quiet Rotterdam trade
21 Oct Sinopec sells stake in Yuehai oil storage
Guangdong's Sinopec has sold its 40% stake in Yuehai oil storage tanks to a Hong Kong-listed company.
In Full
21 Oct Gibraltar enjoys a livelier bunker market
Gibraltar's bunker market on track for a better year after 2004 slump, in a region believed to have further growth potential.
In Full
21 Oct Ports can be vulnerable to maritime terrorists
The Maritime Piracy 2005 conference in Singapore highlighted issues of ports under threat from potential maritime terrorism activities.
In Full
21 Oct USGC prices weaken as owners take refuge from Wilma
Bunker players forced to lower prices to stimulate demand as shipowners seek sanctuary from Hurricane Wilma
In Full
20 Oct DOE: Oil demand decline could be overestimated
As oil prices fall again, DOE and analysts warn against reading too much into the apparent 'demand destruction' seen in recent weeks.
In Full
20 Oct Russia: 'No' to lower fuel oil export duty
Russian economy minister says further differentiation in oil product export duties is not needed, proposals put off indefinitely.
In Full
20 Oct Alarm raised over abrasive fuels in Singapore
Bunker alert goes out after several samples reveal high concentration of hazardous contaminant, debunkering also reported.
In Full
20 Oct Gulf of Guinea: New facilities poised to meet rising demand
New bunker services in the Gulf of Guinea are poised to meet rising bunker demand driven by oil exploration companies.
In Full
20 Oct Gap narrows between Rotterdam barge offers/bids
20 Oct Singapore: Residual fuel stocks up, distillates down
20 Oct Chimbusco posts rise in bonded bunker fuel sales
Chimbusco posted a 33% rise in bonded bunker fuel sales for the first three quarters of 2005.
In Full
20 Oct Philippines lowers tariffs on bunker fuel
The Philippines is set lower tariffs and excise taxes on petroleum products and bunker fuel.
In Full
20 Oct New Antwerp strike threatens bunker timetable
Second union-led strike in a matter of weeks threatens to disrupt marine fuel supplies in Europe's second largest bunkering centre.
In Full
19 Oct DOE & API at a glance: Latest US inventory figures
US oil inventory and refining statistics show signs of recovery after hurricane damage.
In Full
19 Oct Europe to Asia arbitrage opens on supply imbalance
Flurry of Russian fuel oil said to overwhelm Rotterdam, but could benefit bunker-starved Asian market.
In Full
19 Oct MMM's Iraqi bunker venture on hold
Iraq's uncertain political situation cited as exclusive bunker supply deal is delayed.
In Full
19 Oct Bids move closer to offers in Rotterdam barge market
19 Oct Hong Kong: 'Totally no oil,' bunker trader says
Trader says he can currently only offer bunkers to customers in 'desperate situation'.
In Full
19 Oct Oil drops as Wilma steers away from refineries
Oil prices in New York fell more than a dollar on Tuesday as hurricane Wilma was expected to steer away from US oil rigs and refineries.
In Full
18 Oct Barge operators, suppliers could face 'spill' bill
New legislature in the US state of Washington looks to introduce new stiffer rules for ships refueling in the Puget Sound.
In Full
18 Oct Uruguay: Marine distillates drained by refinery maintenance
Sudden maintenance of units producing marine distillates leaves market with no supply.
In Full
18 Oct Reports: ADNOC unit to build new Fujairah refinery
ADNOC unit reportedly planning to boost refining capacity by 60% with new refinery.
In Full
18 Oct Opening bell marks Global Partners IPO
US bunker fuel wholesale distributor's chiefs mark completion of IPO by ringing the NYSE opening bell.
In Full
18 Oct Suriname: Increased barge fees to be implemented
Suriname state oil company announces barge fee increases with one port at double rates.
In Full
18 Oct BP: Belgian consolidation for clarity, efficiency and synergies
BP explains rationale behind consolidation of Belgian lube plants.
In Full
18 Oct Office move to accommodate expansion
18 Oct Singapore: Tight supplies shrink spot market
Bunker fuel in Singapore is continuing its tight run with bunker traders finding it hard to fulfil enquiries in the spot market.
In Full
18 Oct Four firms shortlisted to dredge Sethusamudram project
Four companies shortlisted to dredge for India's Sethusamudram project, which may open for the first commercial vessel passage in 2008.
In Full
17 Oct Market on edge as Wilma approaches hurricane status
Bunker prices likely to follow crude oil's firming initiative as Wilma approaches hurricane status; threatens US Gulf refining once again.
In Full
17 Oct Trader departs Polish supplier
17 Oct Iraqi-Malaysian bunker venture moving forward
Shares in Malaysian Merchant Marine closed 4.9% higher today on expectations the company will soon announce a deal giving it exclusive rights to supply bunker fuel in Iraq.
In Full
17 Oct Taiwan: New JV investing heavily in future potential
Significant investments in bunkering infrastructure signal company's belief in success - $3/4 billion annual revenue predicted for 2007/2008.
In Full
17 Oct London bunker broker welcomes new team member
17 Oct Korean prices surge, Hong Kong still tight on supplies
The South Korean bunker market experienced a hike in bunker prices on Monday while Hong Kong's availability remained extremely tight.
In Full
17 Oct EU study: Ships could save money on shore-side power supply
Huge increase in marine distillate prices means we may have passed the point when shore-side electricity could be more cost-effective.
In Full
17 Oct FAL Oil attracts huge financing loan
FAL Oil has attracted an overwhelming response from local and regional banks for the finance of its tanker fleet expansion.
In Full
17 Oct Spill response group set up in the Netherlands
Fifteen Dutch organisations active in combating oil and chemical spills have set up the Spill Response Group Holland.
In Full
14 Oct US Gulf suppliers hold on to barrels
Avails remaining tight as Houston suppliers move carefully in a softening market but lead US prices lower.
In Full
14 Oct China: Fuel oil supply pact dissolved on high import costs
High fuel oil import prices and low domestic sale prices have prompted BP and Guangzhou Development Industrial Holdings to dissolve their fuel oil supply cooperation pact.
In Full
14 Oct Reports: BP Marine in lubricant court case
BP Marine to appear in a London court after shipowner alleges lubricants supplied to 3 ships caused "catastrophic failure" - BP denies the claim.
In Full
14 Oct Further test results confirm Port Said quality issues
Another agency reports fresh instances of highly abrasive fuels from Port Said, and joint analysis of barge and ship's sample confirm an August case.
In Full
14 Oct Rotterdam/Antwerp softer Friday morning
14 Oct Countering piracy on the high seas
Singapore-based high seas bunker supplier, SM Lito Marine, shares some thoughts on preventive measures to protect vessels from pirate attacks.
In Full
14 Oct Hong Kong: Bunker avails squeezed by tanker delay
Hong Kong's bunker market is tight on bunker fuels following the delay of an ExxonMobil tanker and increased demand.
In Full
13 Oct Los Angeles funds barges, cold ironing to reduce emissions
Port of LA supports bunker barge company's new engines as state government announces funding for cold ironing.
In Full
13 Oct BP consolidates Belgian lube plants
BP Belgium's lube plants in Ghent and Antwerp consolidated.
In Full
13 Oct Sri Lanka: $87 million facility operational in 2 years
Sri Lanka Ports Authority says proposed $87 million tank farm and bunkering facility will be operational in two years.
In Full
13 Oct Off-spec fuels resurface at Port Said
Fuel testing agency reports continued instances of unstable fuels with alarmingly high cat fines originating from Port Said.
In Full
13 Oct Rotterdam continues to firm
13 Oct Singapore: Residual fuel stocks at 13-month low
Singapore's onshore stocks of residual fuels plunged to a 13-month low; marine gas oil suppliers reported a drop in demand due to tight bunker fuels market.
In Full
13 Oct Armed escorts remain vital, Malaysian bunker firm says
Malaysian bunker supplier Ban Hoe Leong praised its private armed security personnel as 'capable and professional'.
In Full
13 Oct Rising sun fails to shine on bonded bunker market
Japanese refiners' strict control of allocations to the marine fuels sector is leading to a bonded bunker market that is continually starved of marine products.
In Full
12 Oct US Coast Guard will 'crack down hard' on pollution
The US Coast Guard makes a timely commitment to uphold pollution laws, and enforcing emissions controls may be next.
In Full
12 Oct New barge to boost Puerto Rico bunkering
Harbor Bunkering launching new barge by the end of the year to provide more versatility for Caribbean customers.
In Full
12 Oct Bunker supply resumes at French oil port
End of port worker strike allows bunkering to resume and saves refinery from shutdown.
In Full
12 Oct Rotterdam firm this morning
12 Oct IEA urges refineries to increase output
Oil prices rose after the IEA urged oil refineries to increase output capacity in the face of high fuel products demand in the fourth quarter.
In Full
12 Oct Tight supply in Singapore buoys demand in Malaysian ports
Tight Singapore bunker market prompts increased demand in Malaysian ports, but supply is tight there too.
In Full
12 Oct New emissions analyser gets DNV endorsement
A new nitrogen emissions analyser claiming to conform with MARPOL Annex VI has won endorsement from classification society.
In Full
11 Oct US prices softer, against market trend
US bunker prices softening in key ports today as Europe and Asia firming, but suppliers expect US prices to follow.
In Full
11 Oct Report blames ships for diesel pollution in LA
California Air Resources Board report says ships account for over 70% of diesel particulate matter emissions in the Los Angeles area.
In Full
11 Oct French unions suspend oil port blockade
Strike continues but oil port activity resuming, reducing threat to refineries.
In Full
11 Oct Addax's Canary Islands office relocated
11 Oct TACA extends fuel surcharge before implementation
TACA members extend new BAF tariffs before implementation based upon latest monitoring of fuel prices.
In Full
11 Oct Managers and a trader on the move in Greece
Two managers, including MD, have left Bominflot office, but a trader returns to the company.
In Full
11 Oct Teekay Shipping implements bunker procurement software
Teekay shipping has implemented BunkerDashboard bunker procurement software to manage aspects of fuel requisition, purchase and analysis.
In Full
11 Oct GAC expands South African bunker trading team
11 Oct Lubmarine: Long-term sustainable supply in shipowners' hands
With a 20-30% price hike imminent, Total Lubmarine says the long-term sustainable supply of marine lubricants is mainly in the hands of the shipping industry.
In Full
11 Oct Rotterdam market seen stable and quiet Tuesday morning
11 Oct Japan: Retroactive 180 cst price touches high in September
Retroactive price for 180 cst in September has hit a new high level after a decision by Nippon Oil Corp and Nippon Yusen KK.
In Full
11 Oct Singapore: Bunker fuels shortage persists
Persistent bunker market tightness this month has worsened with players unable to offer prompt supply.
In Full
10 Oct Petrobras announces new bunker managers
10 Oct New York barge rate increase, fuel prices to blame
Major supplier Chemoil announces higher barge rates as operator passes on fuel costs.
In Full
10 Oct Rotterdam firm amid congestion
10 Oct Port strike U-turn threatens European refineries
Ongoing industrial action could lead to the closure of South European pipeline, which feeds refineries in France, Switzerland and Germany.
In Full
10 Oct Bunker prices replace infrastructure as top problem
Shippers exporting to the US say bunker prices have replaced inadequate infrastructure and congestion as biggest concern.
In Full
10 Oct Egypt: New $1 billion oil refinery by 2009
Egypt will soon welcome a $1 billion new oil refinery by 2009, with output capacity of 130,000 bpd.
In Full
10 Oct Oil prices: Little change as US restores output
The rise in US imports and the gradual restoration of oil production in the Gulf of Mexico led to little change in crude oil prices.
In Full
07 Oct Low-sulphur bunkers: Getting from 'ought' to 'is'
Options for shipowners to get to a low-sulphur fuel future include blending, scrubbing, and emissions trading.
In Full
07 Oct BP spins off derivatives and refining group
BP today announced that it is to sell Innovene, its olefins, derivatives and refining group for £9 billion.
In Full
07 Oct Double-hull rates on the rise as November fixtures trickle in
Rates for double-hull VLCCs climb as first November interest becomes apparent.
In Full
07 Oct South African traders wary of shortages during refinery downtime
Oil majors in South Africa have pledged adequate bunker fuel stockpiles, but one has stopped quoting and traders are wary.
In Full
07 Oct Salvors seek financial awards as income declines
Salvors argue they deserve financial recognition for averting environmental disasters and saving billions in salved ships, cargoes and bunkers.
In Full
07 Oct Rotterdam market stable Friday morning, prompt still problematic
07 Oct Bunker fuel unloaded from damaged boxship
Bunker fuel from the damaged boxship Fowairet has been fully unloaded.
In Full
07 Oct Lesser need for emergency supplies as US demand weakens
The IEA said yesterday weaker demand for oil in the US has appeased the need to release more emergency oil supplies.
In Full
07 Oct Hurricanes cause massive oil pollution along US coastal waters
More than 1,000 reports of oil spills along US coastal waters are likely to result in long-term pollution damage, a US agency said.
In Full
07 Oct The end of residual fuel bunkers?
With sulphur restrictions to get tighter, the only solution may be distillate fuel: expert tells forum.
In Full
06 Oct Premium of $100 for low sulphur bunkers 'is not on'
Shipowner warning that premiums for low-sulphur bunkers are not sustainable for ship operators but suppliers offering reassurance.
In Full
06 Oct Emissions: 'Doing nothing is not an option'
California Governor's office pushes for action on emissions, but urges balance between regulation and economic growth.
In Full
06 Oct Asia fuel oil supply set to increase in November
Asia bound arbitrage cargoes to rise 20% in November, coupled with 75% increase in Korean exports.
In Full
06 Oct Oil takes a hammering on signs of 'demand destruction'
Bearish analysts predict fall in crude towards $50 on signs that the energy bubble has burst, others remain bullish.
In Full
06 Oct Port strike starves French refineries of feedstock
Reports say several refineries in French oil industry hub could be forced to shut down if strike continues.
In Full
06 Oct US: Evergreen faces bunker oil lawsuit
Potentially huge lawsuit files against Taiwan-based Evergreen after bunker spill in US.
In Full
06 Oct $1,000 marine fuels, anyone?
The price for marine distillates has broken through the $1,000 pmt barrier in Ecuador.
In Full
06 Oct Chemoil offers delivery documentation online
US supplier offers customers downloads for invoices and bunker delivery receipts.
In Full
06 Oct Singapore: Stocks of residual fuels and distillates up
06 Oct Rotterdam market lower again with suppliers busy
06 Oct JV company reveals additional storage capacity at Taichung
Bunker supply JV Coastal Performance International will soon be expanding its storage capacity at Taichung port by 495,500 mt.
In Full
05 Oct SEACARD bunker card official launch tomorrow
US Department of Defense holding 'kick-off' ceremony in Norfolk for new bunker fuel purchasing programme.
In Full
05 Oct 165 delegates gather in San Francisco for Bunkerworld Forum
Forum to open with guest keynote speaker James F. Spagnole, appointed in 2004 by California Governor Schwarzenegger as Director at the state's Business, Transportation & Housing Agency.
In Full
05 Oct Oil market shrugs off big US stock draws
Oil prices rallied briefly today after unexpectedly large draws in stocks of gasoline and distillates, but eased back soon as focus shifted to falling demand.
In Full
05 Oct DOE & API: US oil inventories suffer as refineries idle
The latest weekly data show the clearest impact yet of disruptions to US refining and oil imports caused by hurricanes Katrina and Rita.
In Full
05 Oct BP Marine: Lube prices must rise for long-term sustainability
Fundamental realignment of prices needed to guarantee long-term sustainability in the marine lubricants industry, warns top BP official.
In Full
05 Oct Taiwan bunker supply JV gearing up for business
CPC's dominant position in Taiwan could face major challenge from new bunker supply joint venture.
In Full
05 Oct BP Marine: New terminal boosts sales more than 40%
New Salalah terminal officially inaugurated, sales volumes already surging and expected to rise further.
In Full
05 Oct Singapore utility seeking 2006 fuel oil supply
Singapore power generation company, which awarded a 700,000 mt fuel oil tender to a bunker supplier for 2005, has issued 2006 tender.
In Full
05 Oct High demand prompts tight avails in Gladstone
05 Oct Rotterdam market softer but suppliers heavily committed
05 Oct Ship detained for unpaid bunker bill
An Indonesian-flagged cargo-ship has been detained in Malaysia over an unpaid bunker fuel bill.
In Full
05 Oct US oil refineries to remain closed for another month
Several oil refineries on the US Gulf Coast will need another month before they can resume full operations says US government official.
In Full
04 Oct Stan closes Mexican ports, prices on the move
Hurricane closes Mexican Gulf bunkering and crude ports today with suppliers expecting downward movement in prices.
In Full
04 Oct London: Marine diesel spill said to be limited
04 Oct US bunker wholesaler performs well after IPO
Share price up on first trading day after IPO which helped raise cash for payments of quarterly dividends.
In Full
04 Oct Crude drops on supply relief, demand slow-down
Refinery worries in the US and France continue to underpin oil prices, but possible US heating oil release, slow-down in gasoline use and no discernible crude shortage weigh on market.
In Full
04 Oct Fujairah taking steps to meet MARPOL requirements
Fujairah readying for MARPOL compliance with 300,000 m² of land reserved for tank storage.
In Full
04 Oct Rotterdam market slips with crude
04 Oct Japan holds first meeting on oil prices
The Japanese government has held its first round of talks on measures to abate the burden of surging fuel prices, including bunkers, on domestic industries.
In Full
04 Oct Premier Marine Fuels establishes office in Singapore
Premier Marine Fuels, a UK-based bunker brokering company, has established an office in Singapore.
In Full
04 Oct Sri Lanka: Bunker potential in waiting
GAC's new Sri Lanka bunkering arm offers some insights into the local bunker market and how it may be affected by privatisation, India's ambitious dredging project and the Hambantota bunkering project.
In Full
03 Oct Crude softens, US distillates 'sky high'
As the crude market relaxes, US fuel oil prices follow but distillates find new highs.
In Full
03 Oct Algeciras: Bunker spill prompts anger
Spill of thousands of litres of oil sparking angry response from environmental groups.
In Full
03 Oct Egypt: EGPC issues gas oil import tender
Egyptian General Petroleum Corp. seeking four 35,000 mt gas oil cargoes.
In Full
03 Oct Castrol Marine: Significant marine lube price hike imminent
Marine lubricant supplier warns prices to increase by around 20% by early next year.
In Full
03 Oct Prompt remains tight in ARA market
03 Oct US bunker player awarded 5-year DESC contract
US bunkering company awarded one of the latest US Department of Defense contracts.
In Full
03 Oct Chinese refinery trims October fuel output
PetroChina is undergoing maintenance on its plants that will result in marginally reduced fuel output from China in October.
In Full
03 Oct Japan: August bunker sales up 29.2% on year
August bunker fuel sales and production up both month-on-month and year-on-year.
In Full