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The former manager is accused along with five other individuals of fraudulently claiming money from the Italian Navy for bunker fuel for a shipwrecked vessel.

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The Danish Shareholders Association (DSA) has set up a new group – the Association of OW Bunker Investors – which will seek compensation for losses incurred as a result of bunkering firm’s collapse.

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Spot tanker rates for crude and large product tankers have increased in the fourth quarter of 2014, averaging higher than the previous quarter, which was particularly strong.

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The emulsion fuel company says it now expects commercial production of its Marine MSAR Fuels to be pushed back to Q1 2015.

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Bunker Markets and Prices

LOCATION

380

180

MDO

Rotterdam

308346551

Gibraltar

325353601

Piraeus

323347576

Suez

5606771022

Fujairah

326398849

Durban

 336911

Tokyo

418428698

Busan

403418636

Hong Kong

354364611

Singapore

339356579

Los Angeles

486551719

Houston

320413697

New York

329417671

Panama

341485761

Santos

318340889

Buenos Aires

331 1046
19/12/2014

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