30 Sep Europe: Environment commissioner defends sulphur legislation Environment commissioner stresses the strong environmental grounds for international action on marine fuel sulphur and attempts to reassure the shipping industry about the practicality and proportionality of the measures being taken.
In Full
29 Sep US crude stocks begin recovery Earlier-than-expected recovery in US crude imports and stocks indicates effect of the hurricane season could be blowing over. In Full
28 Sep Shipping urged to be 'Clean, Clever and Competitive' Cross industry group SEAaT calls on the shipping industry to embrace environmental legislation seeking to reduce emissions, but criticise legislators for ignoring innovative market based mechanisms.
In Full
28 Sep New Indian supplier to 'undercut competition by $30-40' A new supplier expecting to start supplying bunkers from its termiinal in Mundra, on the coast of the Western Gujarat state, has said it expects to be able to undercut state refiner by as much as $30-40. In Full
28 Sep Suppliers need incentives to overcome barge financing problems With the implementation of the MPA gate system for the phasing-out of single hull tankers in Singapore is set to come into effect in January 2005, local companies have called for incentives to encourage a speedy migration to a double hulled fleet. In Full
28 Sep US light crude breaks the $50 mark Continual concerns of supply disruptions finally push oil prices through the $50 "psychological" barrier, with analysts forecasting further bullishness. In Full
27 Sep New crude record close to $50 per barrel The market will be looking for evidence on Wednesday that a wave of delayed crude oil supplies are reaching US shores. Speculation of another draw may drive crude up to $50 per barrel. In Full
27 Sep Major 500 cst supplier set to boost sales next year Singapore's major supplier of 500 centistoke (cst) fuel oil to ships looks set to more than triple sales of the grade to one of its customers next year, continuing a trend for growing uptake of the high viscosity bunker fuel.
In Full
27 Sep MPA on the sidelines in supplier-surveyor dispute Singapore's Maritime and Port Authority (MPA) has said it will not intervene in an on-going dispute between some bunker suppliers in the port and DNV Petroleum Services (DNVPS).
In Full
23 Sep Bunker expert tells EU, IMO: 'You've got it wrong' With the introduction of sulphur caps in SECAs in Europe increasingly looking a reality as opposed to a possibility, bunker expert Neil Cockett has called for regulators to rethink. In Full
23 Sep MPA to begin phase-out of single-hull barges MPA moves closer into line with Europe with adoption of IMO regulations and introduction of tougher licensing for Singapore's single-hulled oil product tankers. In Full
23 Sep SIBCON: Revisions to Singapore CP60 revealed Tan Lay Thok, manager for marine licensing at the Maritime and Port Authority (MPA) of Singapore, today unveiled a number of revisions to the Singapore code of practice for bunker suppliers (SS CP60) at SIBCON 2004. In Full
21 Sep Market eyes $50 crude as bullish trend continues Storm disruptions to US crude oil production and imports and renewed anxiety over the ability of Yukos to continue exports, combined to push crude to a one-month high today.
In Full
21 Sep Salalah: STS bunker transfers resume at anchorage STS bunker transers at the Port Salalah anchorage have resumed having been suspended for the monsoon season, although weather conditions may still affect STS regulations. In Full
20 Sep Hong Kong: Recent sales increase provides no long-term hope Despite a slight increase in demand in Hong Kong over the past week, suppliers say the port has in no way recovered from the recent ban on OPL bunkering and are becoming increasingly resigned to accepting the new regulations.
In Full
20 Sep Crude: Supply disruptions continue to spur bull-run While Hurricane Ivan has passed through the Gulf of Mexico, the after effects continue to push crude prices higher, amid further news of supply disruptions from Russia.
In Full
17 Sep Singapore: Tight market to ease by early next week Players in the Singapore market indicate recent logistical problems and product tightness should ease by early next week and forecast softer market with rising stocks. In Full
16 Sep Petrobras to suspend supplies in Brazil Brazilian supplier, Petrobras Bunkering has advised Bunkerworld that bunker deliveries will be suspended for a period of five days at the end of this month and beginning of October. In Full
15 Sep Service slowly returning to normal in Jamaica After a direct hit of the fierce Hurricane IvanPetrojam's bunker barge is still out of service, but the company's refinery is about to resume regular production.
In Full
14 Sep Repsol's Shell acquisition gains regulatory approval The European Commission today granted permission to Spanish oil firm Repsol YPF to acquire Royal Dutch/Shell's service station and distribution network in Portugal, including Shell's storage facilities and marine fuel services. In Full
13 Sep Fuel oil still dominating new Chinese licences As China moves towards market liberalisation, Beijing has granted another 15 fuel oil import licences, versus just two for crude oil and none for higher-value products.
In Full
13 Sep Oil rebounds as hurricane changes course Oil recovers from Friday's losses on renewed hurricane concerns, escalation of Iraqi violence and speculation about developments at this week's OPEC meeting. In Full
13 Sep SEAaT applauds new emissions trading platforms Pressure group for the establishment of the introduction of ship emissions trading and abatement technology says new European emissions exchange platforms are way forward. In Full
08 Sep Surveyor ready to reverse guilty plea Reports today claimed that Vigneson Subramaniam, the latest surveyor to be embroiled in the recent corruption scandal in Singapore, has retracted an earlier confession. In Full
08 Sep Ex-Fratelli chief behind new bunker company The former managing director of Fratelli Cosulich (Singapore) and a broker who also recently left the company have joined forces to launch a new bunker trading house in Asian bunkering hub.
In Full
07 Sep DNVPS: 1990s supplier action was different DNVPS says suppliers' resistance to its bunker surveys in the early 1990s, when the company initiated the service, differs from the current 'boycott' by bunker suppliers in Singapore.
In Full
07 Sep Surveyor to make second court appearance Surveyor involved in recent corruption scandal is set to make second appearance for pre-trial conference in a Singapore magistrates court. In Full
06 Sep DNVPS surveyor defence elicits more criticism Deep suspicion rules between suppliers in Singapore and DNVPS as market responds to latest defence and suggestion that other survey companies are less thorough. In Full
02 Sep Core Yukos unit being sized up for sale Sale of the Siberian production unit accounting for majority of Yukos' oil production looks inevitable after oil giant fails to pay off full tax bill in time.
In Full
02 Sep Florida bunker players warn of hurricane shutdown Bunker players based in Miami, Florida, have warned customers that they will not be contactable in offices for at least a five-day period as Hurricane Frances bears down on the region. In Full
