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GAC Bunker Fuels Launches Web-Based Pricing platform

Nicholas Browne, Global Director of GAC Bunker Fuels

GAC Bunker Fuels Limited has launched a new website-based pricing and market information platform that enables customers to access the daily data required to make fast and informed fuel procurement decisions.   This new interactive service, which allows ship owners and operators to design their own customised daily pricing page, is available at http://www.gac.com/bunkerfuels. The GAC Bunker Fuels service provides historical data, allowing users to track and analyse market trends. In addition, GAC's website hosts ship agency details, information on specific ports and weather routing data in order to give its customers all of the market intelligence that they need to make efficient and cost-effective bunker purchasing and operational decisions. GAC Bunker Fuels is also launching a weekly market intelligence bulletin that will provide insight and information from across the GAC Group, including port congestion updates and bunker availability. Customers will also be able to customise this bulletin to suit their particular needs and interests. Nicholas Browne, newly appointed Global Director of GAC Bunker Fuels, said: “The process of procuring the right bunker fuel at the right time, in the right place and at the right price can be highly complicated, particularly in a volatile market where prices continue to fluctuate amid a rising trend


Danish Bunker Trader Joins GAC in London

Ida Ryberg: Photo GAC

GAC Bunker Fuels says it has appointed former GAC Denmark Shipping Assistant Ida Ryberg as a Bunker Trader with its UK team. Ryberg joins Andy Boichat and Resham Rai at the London office and will also work closely with Kenny Petrie in Aberdeen, Murray Bishop in Southampton and Dimitra Maniati focusing on the superyacht sector from the sailing hub. Nicholas Browne, Global Director of GAC Bunker Fuels, says: “The global bunkering market is facing significant change and challenges in


GAC Bunker Consolidates Asian Presence

Captain Sathya Chandrashekar

The expansion of GAC Bunker Fuels Ltd global network continues with the opening of a new dedicated office in India and the appointment of an additional trader in Singapore. The opening of the Cochin office reflects the company’s commitment to its operations in the Indian Subcontinent, where they are already represented by a team based in Colombo, Sri Lanka. Shipping veteran Captain Sathya Chandrashekar has been appointed to run the new Cochin operation.


Singapore Revokes licenses of 2 Bunker Suppliers

    The Maritime and Port Authority of Singapore (MPA) has revoked the bunker supplier and bunker craft operator licences of Hong Fatt Oil Trading Pte Ltd and Tankoil Marine Services Pte Ltd with effect from 9 February 2015. The two companies are no longer allowed to operate as bunker suppliers and bunker craft operators in the Port of Singapore. As part of MPA's ongoing regulatory efforts to ensure the safety, reliability and quality of bunker supplies in Singapore


GAS SHIPS: GAC Helps Meet Rising Indian Demand

(Photo: GAC)

GAC’s in-house ship-to-ship transfer expert GAC Transfer Services (GTS) has responded to growing demand for LPG imports and exports of clean products in the Indian Subcontinent with the establishment of a new fully-equipped base in Sri Lanka. Ship-to-ship (STS) equipment such as fenders and hoses, in accordance with industry standards, is stored at GAC’s base in Galle, which is strategically located at the southern tip of the island nation


GAC Opens Ship Agency Offices Australia-wide

GAC Group announced an expansion plan with the opening of 13 ship agency offices in major ports throughout Australia. The locations include Cairns, Townsville, Mackay, Gladstone and Brisbane in Queensland; Sydney (country headquarters), Newcastle and Port Kembla in New South Wales; Melbourne in Victoria; Adelaide in South Australia; and Fremantle, Dampier and Port Hedland in Western Australia. Each office will offer a full range of ship agency and maritime ancillary services.


MPA Cancels Coteam Petroleum Bunker License

The Maritime and Port Authority of Singapore (MPA) cancelled the bunker supplier and bunker craft operator licenses that were issued to Coteam Petroleum Trading Pte Ltd with effect from April 1, 2014 as they contravened the terms and conditions of the bunkering licenses, GAC reported. Coteam Petroleum was found to have breached Clause 3 of the terms and conditions of the Bunkering License (Bunker Supplier) by allowing other companies to use their Bunker Delivery Notes to supply bunkers


GAC Acquires Majority Stake in Norway’s Ole R Olsen AS

The GAC Group has acquired an 80 percent stake in Ole R Olsen AS (ORO) Norway’s oldest shipping agency. This follows a strong and positive half-year strategic alliance between GAC and ORO. GAC purchased the shares of ORO’s retiring President Frank H Toftesund. The remaining 20 per cent shares are held by ORO’s Managing Director, Ahmet Øzsoy, who will continue to head the new entity GAC-ORO. The merger brings together GAC’s global connections with ORO’s 162 years of maritime


GAC Pushes Further into the Arctic with Polar Logistics Group

From left: Sebastian Rasmussen (Logistics & Projects Manager), Henrik P. Lassen (VP Operations) and Jan Almqvist (MD) of POLOG with Ahmet Özsoy, Managing Director of GAC Norway

GAC Norway AS and Polar Logistics Group ApS (POLOG) formed a strategic partnership to further strengthen GAC's network within the Arctic Circle. The move is the latest stage in the company's Arctic strategy to better serve the region by bringing together organizations and individuals to create a unified network of expertise, experience and local resources. By combining GAC's shipping, logistics and marine expertise with POLOG's network throughout Greenland and ability to meet remote


GAC USA Expansion continues

GAC Warehouse WEB.jpg

GAC USA expansion continues with ground breaking of new Houston warehouse; Construction to start on LEED registered building in Central Green Business Park.   GAC, a provider of integrated services to the shipping, logistics and marine industry, has announced the official start of construction of its new office and warehouse building in Houston's Central Green Business Park.   GAC will consolidate its existing warehouses with the new LEED (Leader in Energy and Environment


Transit Waiting Times for Panama Canal

  Non-booked regular sized vessels wishing to transit the Panama Canal face a wait of approximately 5-6 days. There has been a dramatic increase in the transit backlog as a result of several factors, including heavy arrivals in February/March, averaging 35


Qatar Hikes Container Storage & Clearance Charges

   Changes to sea port charges have been implemented in Qatar, as per the decision of the country's Council of Ministers.   20' containers (clear in approx. 3–7 days, depending on weekend & availability of paperwork):  


ABS Updates Guidance on LNG Bunkering

Image courtesy of Harvey Gulf

  ABS has updated its guidance on LNG Bunkering in North America to support the transport sector's increasingly rapid transition to the use of cleaner fuels. The second edition of ABS' Bunkering of Liquefied Natural Gas-fueled Marine Vessels in North America was released today


GAC Appointed as Thorco’s Ship Agent in Singapore

The Thorco Isabella (photo courtesy of GAC)

  GAC Singapore announced today it will provide Thorco Shipping with agency services for its vessels calling at Singapore, including the loading and discharging of break-bulk and heavy lift cargoes at Jurong port.   The Copenhagen-based Thorco operates a fleet of more than 80


Yusope Joins Dan-Bunkering as Bunker Trader

EMELIA YUSOPE

  Dan-Bunkering (Singapore) Pte. Ltd. informed that Emelia Yusope has been employed as Bunker Trader. Emelia started her career at Dan-Bunkering in the middle of February this year. Emelia who is Singaporean has previously lived in Europe and returned to Singapore in 2013 where she


USCG Issues LNG Bunkering Policy Letters

The port of Jacksonville could become a key LNG bunkering center in the United States. (Credit: Ramunas Bruzas)

USCG completes LNG bunkering regulations with reference to DNV GL’s Recommended Practice   Responding to the industry’s need for more guidance on procedures related to liquefied natural gas (LNG) bunkering, the U.S. Coast Guard (USCG) has published two new Policy Letters on LNG


Cyclone Warning for Australian Ports

Cyclone pic courtesy Bureau of Meteorology

  The Australian Bureau of Meteorology has issued and update on Tropical Cyclone Nathan, which has formed in the Coral Sea off the East coast of Australia. It appears that Cairns North may be affected, and Cape Flattery is currently closed awaiting the cyclone to pass


Potential Cyclone Affecting NW Australia

Map of the Region around Port of Dampier. Courtesy from Wikipedia

  Dampier Port Authority has advised that there is a high probability of a tropical cyclone forming by late Wednesday or early Thursday between Indonesia and North West WA. It is possible that this cyclone will affect coastal waters including Dampier by the end of the week.


Ships to Declare Weapons at Egyptian Ports

  All ships calling at Egyptian Red Sea ports or transiting the Suez Canal must declare any weapons onboard to Safaga Port Authority. As per the Egyptian Maritime Security Committee ruling, such weapons must stored at the Safaga navy base.


Mariners Transiting Delaware River Cautioned

Delaware Bay

  The Captain of the Port (COTP) Delaware Bay is notifying mariners that Upper Delaware River lighted buoy 33 (LLNR 3875) and Upper Delaware River lighted buoy 36 (LLNR 3920) are in the center line of the channel. Buoy 33 is 550 yards north of the charted position and currently located in


River Levels Decreasing in Argentina

Rivers of Argentina

  River levels in Argentina are currently decreasing and they are expected to continue over the coming week. The bottleneck remains in the River Plate access channel, where the maximum recommended sailing draft us 10.51 metres fw.


GTT Receives Order for LNG Bunker Barge

Image: GTT

Gaztransport & Technigaz (GTT), a designer of membrane containment systems for the maritime transportation and storage of LNG liquefied natural gas (LNG), announced that its U.S. subsidiary GTT North America (GTTNA) has received an order for one LNG bunker barge.  


Vessel Insurance is a must at Panjang

Port of Panjang-Pelindo-II

  The Harbour Master at Panjang has advised that ship owners must have marine insurance for shipwreck removal and/or protection indemnity. For all vessels of GT35 or more, the owner must have the vessel covered with Ship Body Removal insurance and or Lost Coverage.


Bomin Linde, Lithuanian LNG Terminal sign MoU

OSLO, Feb 19 (Reuters) - Lithuania's liquefied natural gas import terminal and Germany's Bomin Linde LNG will work together to develop the use of LNG as marine fuel in the Baltic Sea, the terminal's operator Klaipedos Nafta said on Thursday.


Singapore Revokes Two Bunker Licenses

Two companies are no longer allowed to operate as bunker suppliers and bunker craft operators in the Port of Singapore.   The Maritime and Port Authority of Singapore (MPA) has revoked the bunker supplier and bunker craft operator licenses of Hong Fatt Oil Trading Pte Ltd and Tankoil Marine






 
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