Lloyd's List - Bunkering

News

WEM bulk carrier seized in Singapore
Bunker supplier claims $1m is owed
Export tax rise causes Russian bunker prices to plummet
Shipowners take advantage by stocking up on cheap fuel
Singapore refinery fire could hit bunker supply
Fire at Shell’s Pulau Bukom refinery which produces fuel oil and gas oil leads to shutdown
Traders baffled as price of low-sulphur fuel nosedives
High/low-sulphur spread down to 2009 levels
Falling bunker prices fail to lift VLCC earnings
Daily returns on Middle East to Asia route remain in negative territory despite $30 per tonne fall in fuel costs over the week
Wärtsilä working on drive-on, drive-off LNG refuelling
New bunkering method will allow for quick turnaround
Brightoil shares plunge despite positive full year results
Bunker supplier’s stock falls more than 10% in a day of broad market turmoil as annual net profit jumps 15%
Bunker costs set to rise
Reduced Russian fuel oil production to tighten supply and push up bunker costs
China bunker sales up 21% in first half
China’s share of bunker market continues to grow while price gap with Singapore narrows
Bunker suppliers fear defaults
Extreme volatility, low margins and increased counterparty risk all making life difficult for bunker suppliers
Aegean cites ‘challenging’ bunkering market for profit fall
Financial position a ‘competitive advantage’, claims expanding Greece-based fuel supplier
Aegean to buy back up to 2m shares
Move underlines ‘strong confidence’ after bunkering specialist sees stock price fall
FSL loses court battle in China, wins in Japan as Daxin bunker debts plot thickens
FSL takes $2.5m charge as Chinese court rules in favour of Daxin Petroleum but could get $1.6m returned from Japanese court as Daxin loses there
Bunker levy ‘passing the buck’ on climate change, say British shippers
BSC chief says accountability for a ship’s carbon performance lies with its owner, but proposed format for levy would simply pass costs from ship operator to customer
VLCCs to join Brightoil fleet just as new oil storage comes on line
Five 318,000 dwt tankers will be delivered from the middle of next year as Dalian and Zhousan facilities enter production