Archive News

March, 2015
Date	Headline	Image
Wed04Mar	Rollercoaster Ride for Crude as Inventories Continue to Build Volatility remains to be the only consistent trend.
Wed04Mar	Soyuz Bunkering Group Expands ARA Presence, Plans Further Growth Under New CEO The supplier has time chartered their 7th bunker delivery barge in ARA and commenced operations in Amsterdam.
Wed04Mar	Industry Insight: Driving Operational Change with Data-Driven Analytics Real-time reporting and data analysis are key tools to understanding and improving complex operating environments of today's companies.
Wed04Mar	KPI Bridge Oil Promotes New Senior Bunker and Lubricants Trader in London Sam Groves was previously a trader in the London office.
Wed04Mar	Gulf Petrochem Opens London Office, Appoints Global Head of Bunkering "Gulf Petrochem has tremendous growth prospects as it has positioned itself as an asset backed physical supplier and trader," says Neil Lamerton.
Wed04Mar	Commodities Players Predict Strong Year for Oil Traders "If it continues like this, oil could have a blowout year," says Glencore CEO.
Wed04Mar	Floating Storage Down as "Super Profit" in Crude Market is "Just Not There" "The super contango and the super profit in the crude oil market is just not there at the moment," says head of oil at Glencore.
Wed04Mar	Box Shippers to Raise U.S.-Asia Contract Rates Despite Low Bunker Prices "Supply and demand rule the market," not oil prices, says Maersk Line CEO.
Wed04Mar	New Qatar Economic Zone to Provide Bunkering The new economic zone will be of "particular interest" to the maritime industry, according to zone developers.
Wed04Mar	Eniram Launches World First Boil-Off Management for the LNG Sector Eniram said it is the first company to offer such a tool for actual measured boil-off, based upon onboard data.
Wed04Mar	Timing of Bunker Surcharge Payments Helps Pacific Shipper's Bottom Line Matson repeatedly dropped bunker surcharges last year but said "collections outpaced fuel expenditures."
Tue03Mar	Oil Supply Continues to Far Out Pace Demand Production is increasing in Libya and if a nuclear deal is reached with Iran even more supply will be available on the market.
Tue03Mar	OW Bunker Collapse: Carnegie, Morgan Stanley Could Be Liable for IPO Prospectus Omissions The two banks are said to have issued a memo identfying key points for mention in OW Bunker's prospectus, but they were left out of the issued copy.
Tue03Mar	Maersk Line: 25,000 TEU Vessels Are Possible, but Won't be Practical Anytime Soon Maersk Line CEO Soren Skou says 18,000 TEU capacity gives the best balance between economics and trading flexibility.
Tue03Mar	Brightoil: We Benefited from Singapore Bunker Credit Crunch Tightened credit following OW Bunker's collpase allowed Brightoil to charge a premium on credit sales.
Tue03Mar	OW Bunker: Speculative Activities Deliberately Omitted from IPO Prospectus OW Bunker's IPO team was aware of the importance and sensitivity of its speculative oil trading, but left it out of the prospectus, suggests memo.
Tue03Mar	MOL to Sail Six 20,000 TEU Boxships on Asia-Europe Route by 2017 "The main engines have the specifications which enable LNG use as fuel in the future remodeling," says the operator.
Tue03Mar	OW Bunker: DOT Removed from IPO Prospectus 1 Month Before Issue Dansk FI's Johnny Madsen says the impression is that the omission was deliberate, and a disaster.
Tue03Mar	ReCAAP: Asia Piracy Cases Hit 10-Year High, Bunker Piracy Responsible for the Majority of "Very Significant" Incidents A total of 183 cases were reported last year, a quarter of which were in the Straits of Malacca and Singapore.
Tue03Mar	Dan-Bunkering Appoints New Bunker Purchaser in Dubai Anders Bønnelykke was formerly a bunker trader at the Dubai office.

Showing 181-200 of 209 articles from March, 2015

Jul 11

1Singapore Overtakes Balboa as Monjasa's Top Supply Location

The firm sold more than one million mt of marine fuels in Singapore in 2024.
Jul 11

2Chemical Tanker Arrested in Singapore

The ship was built in 2008 and came to Singapore earlier this month after previously visiting Taiwan and China.
Jul 10

3Glander 2024/25 Pre-Tax Profits Hold Steady from Previous Year

CEO Carsten Ladekjær said the firm will adapt to new changes in the fast-changing market.
Jul 09

4Indian State Sues MSC for $1.1 Billion Over Bunker Spill Caused by Sunken Ship

The Kerala state government has secured a court-ordered arrest of another MSC vessel, MSC Akiteta II, currently held at Vizhinjam Port.
Jul 09

5VIEWPOINT: Long Non-Compete Clauses Unfairly Victimise Older Employees

Vernon Jayanathan of Maritime Recruitment Company Ltd discusses the use of non-compete clauses in the bunker trader job market.

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