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Wed, 23 May 2012 09:42:00 +0000

Dutch Police Investigate Illegal Bunker Fuel Blending
MarineLink
Over 22000 vessels are bunkered in the Netherlands annually, taking in around 13 million tonnes of fuel in total. The port of Rotterdam is a major trading location, the source of around 88 percent of all bunker fuel. A study conducted by the scientific ...

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Wed, 23 May 2012 09:36:00 +0000

Landmark study on VLCC quantifying real fuel savings from Trim Optimization ...
SourceWire (press release)
“The findings from our study provide valuable insight into tankers' operating efficiency at a time of continued high bunker prices and a volatile global economy impacting margins,” Henrik notes. “Fuel represents the largest operational cost...


Tue, 22 May 2012 18:24:00 +0000
Less Iranian oil passing through Suez Canal – Western sanctions impact crude ... - Kuwait Times
Kuwait Times

Less Iranian oil passing through Suez Canal – Western sanctions impact crude ...
Kuwait Times
China's first homegrown deep-water drilling rig will be located in the South China Sea, some 300 kilometers (200 miles) southeast of Hong Kong, as the country dependent on oil imports to fuel its surging economy, claims full sovereignty on...


Tue, 22 May 2012 14:07:00 +0000

Hapag-Lloyd to Raise India-Europe Freight Rates
The Journal of Commerce Online
Separately, Hapag-Lloyd said it will impose an “emergency fuel surcharge” on India-North Europe-Mediterranean trade lanes to cover rising bunker costs, also effective June 1. The proposed surcharge on both dry and refrigerated cargo will be $150 per ...

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Tue, 22 May 2012 13:01:00 +0000

Asia Fuel Oil-380-cst cash premium at 3-month high
Reuters
Demand from the bunker market as well as China remained sluggish, though a Barclays note said that current lower fuel oil prices may bouy demand from Chinese teapot refineries. TENDERS/SPOT ISSUER BUY/SE GRADE VOL LAYCAN CLOSE L ('000T) India/MRPL SELL ...
Asia Fuel Oil-Strengthens on...