All News

MPA: Human Error Caused Singapore Bunker Spill Collisions
An investigation concludes crews did not take advantage of available means to avoid the incidents.
30 May 2014
Bunker Prices Stable as Crude Makes Gains
By end of the session WTI had gained $0.86/bbl settling at $103.58/bbl while Brent gained $0.16/bbl finishing the day at $109.97/bbl.
29 May 2014
Japanese Fuel Tanker Explodes
The ship's captain is missing and four crew members are seriously hurt after the accident.
29 May 2014
Inside Opinion: The Evolution of Bunker Credit
Inside Opinion: The Evolution of Bunker Credit
Credit management is growing and developing and there will come a time when bunker traders look to self-insure.
29 May 2014
Shanghai Exchange Plans Bunker Fuel Futures Listing
The exchange intends to list crude futures to set a benchmark for oil prices in Asia.
29 May 2014
First Southeast Asian Vessel to Get Fuel-Saving Propeller-Rudder System
The latest Rolls-Royce Promas Lite system is said to reduce fuel use by 5 to 15 percent.
29 May 2014
"Completely Sustainable" Biofuel Possible by 2020
Researchers are seeking a method to transform wood waste into a bunker fuel replacement.
29 May 2014
USTC Plans to Grow Dan-Bunkering, Adds New Board Members
The company has a 3 year growth plan, and says the OW Bunker IPO helped it understand the market value of USTC.
29 May 2014
Asia Growth Helps OW Bunker's Sales Volume Rise 15% in Q1
The company's profits declined as it incurred expenses related to its IPO.
29 May 2014
WTI and Brent Close Lower
Barring any real changes in the geo-political arena that the downward trend should continue for the next few days.
28 May 2014
Another Hire for Glander International Bunkering in Dubai
Brian Turnbull has been involved in the startup and management of multiple bunkering companies in South Africa.
28 May 2014
Global Risk Management Expands Team in Singapore
Global Risk Management Expands Team in Singapore
New hire a result of "increased trading activities" says the hedging solutions company.
28 May 2014
Maersk Gets 50% Reduction in NOx Emissions in New Tech Tests
The company is using exhaust gas recirculation systems on two containerships.
28 May 2014
Supplier Warns of Loading Delays at Kaohsiung
CPC Corporation says the main engine of one of its fuel oil barges broke down last Friday.
28 May 2014
New Drewry Analysis of ECA Shipping Costs
The firm puts the extra expense for trans-Atlantic voyages at $29 to $49 per TEU.
28 May 2014
New ECA Rules Will Lead to "Consolidation Amongst Bunkering Companies"
Dynamic Oil Trading predicts many bunkering companies will struggle to provide the credit needed for more expensive ECA compliant fuel.
28 May 2014
Turkish Bunker Supplier Player Claims Mass Flow Meter First
CYE Petrol plans to mount the meters to all its barges, starting with two newbuilds.
28 May 2014
Crude Down, But the Weakening in Prices "Should be Brief"
WTI slipped $0.24/bbl to $104.11 while Brent retreated $0.43/bbl settling at $110.11/bbl.
27 May 2014
Dan-Bunkering Hires New Trader
Ali Hoodaji will work from the company's main office in Denmark.
27 May 2014
Australian Navy Vessels to be Biofuel-Capable
The adoption of new fuels as they become available will help in cooperation with the U.S. Navy.
27 May 2014