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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 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.


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 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.


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 Appoints Steindamm, Bjorklund

Niko Steindamm

GAC has expanded its regional Shipping Marketing team with the appointment of Niko Steindamm. As Marketing Manager, Shipping, based in Bremen, Germany, Steindamm will promote GAC's global shipping and related services to the maritime and commodity/trading communities in Germany, Poland, the Czech Republic and Slovakia.   Prior to joining GAC, Steindamm worked in sales and operations for a large container line in Germany


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


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


OW Bunker, Petrocosta Collaborate in Latin America

OW Bunker has entered into a partnership with Petrocosta CI SA, a Colombian fuel marketing and transportation company. The agreement will further develop OW Bunker’s physical distribution network of marine fuel in Colombia and support its growth across Latin America.   


Liquiline to Construct Denmark's First LNG Bunker Terminal

Port of Hirtshals scene: Photo Liquilline

Liquiline says it has entered into a contract with Fjord Line to design, construct and commission an LNG ship bunkering terminal for Fjord Line AS at the Port of Hirtshals, Denmark. The terminal will be constructed at the Port of Hirtshals


LNG America Selects Topside Designer for LNG Bunker Barge

Image: LNG America

LNG America has selected Taylor-Wharton to commence the front-end engineering and design work for the cryogenic topside of the company’s 3,000 cubic meter Gemini Class LNG bunker barge scheduled for delivery at the end of 2015. “Taylor-Wharton has been actively engaged in the


New Maximum Draft Restriction at Jaigarh Port

Jaigarh Port

Jaigarh Port authorities have advised that from today the post monsoon maximum permissible draft [at Jaigarh Port] shall be 13.5 metres with tide. The displacement restriction of 100000 Mts shall no more be applicable. For information about operations in India contact GAC India at india@gac


New Tolls Structure at Panama Canal

Panama Canal

The Panama Canal Authority has advised that a new tolls structure will be introduced when the expanded Canal opens. The proposal the Authority plans to present in the coming months provides a structure that is competitive, attractive and customised to reflect advantages to clients by ship type


Dan-Bunkering Restructures for Expansion

Mikkel Søholm Vestergaard

Bunker trading company A/S Dan-Bunkering Ltd. introduced a new organizational structure effective August 1, 2014. The company said the move was made to maintain its position, continue expansion in the marketplace and to accommodate a newly implemented strategy.


Updated Channel Depth at Townsville, Australia

  After recent bed levelling at Townsville, the depth of the Platypus Channel has been revised to 11.0m. This means tidal windows for vessels with a draft of 9.70m or greater. For information about operations in Australia contact GAC Australia in shipping.australai@gac.com


GAC Bahrain now FAIMplus Certified

Mikael Leijonberg_Managing 		  						Director_GAC Bahrain 250

  GAC Bahrain has secured the coveted FAIMplus certification for its international moving operations, after completing what is considered the most strenuous quality assessment in the industry. FAIM is an industry-leading standard for the logistics business


Schensema Named GAC Managing Director

Claus Schensema (Photo: GAC)

GAC, a global provider of integrated shipping, logistics and marine services, has moved Claus Schensema, its previous Managing Director in Shanghai, China, to Houston, Texas, to take the helm of GAC North America Logistics. Schensema brings 25 years’ experience in shipping and logistics


KPI Bridge Oil Appoints New CEO

Carsten Ladekjær

KPI Bridge Oil, a global broker and trader in marine bunkers, marine lubricants and risk management products, has appointed Carsten Ladekjær as Chief Executive Officer for the group.   Ladekjær is an industry veteran with 20 years in the bunker business


Plans in Place for New Suez Canal

A containership transits the Suez Canal (Photo courtesy of the Suez Canal Authority)

Egypt has unveiled its plan to build a new Suez Canal alongside the existing 145-year-old waterway, and digging is already underway, GAC reported in its daily Hot Port News report. The project will see the creation of a new canal parallel to the old one, with the same depth and width


Strike Notice Served By Teekay Employees

  Teekay Shipping employees at Port Hedland who are members of the Australian Institute of Marine and Power Engineers (AIMPE) will take protected industrial action in the form of 4 hour work stoppages starting at 0315 on Saturday (9 August), 0500 on 11 August and 0615 on 13 August.


3-yr Extension for GAC Pindar with Extreme Sailing Series

GAC Pindar Logistics 450

  GAC Pindar has secured a three-year extension of its contract with the global Extreme Sailing Series™ to manage the complex worldwide shipping of the Series’ Extreme 40 boats, equipment and support materials. Andrew Pindar, Director of GAC Pindar


Planned tug strike at Port Hedland Called off

  According to local reports, the industrial action planned at Port Hedland by the AIMPE union for tomorrow (Saturday 9 August), Monday 11 August and Wednesday 13 August has been called off, for now. Tugs at Port Hedland will remain operating as normal.


USCG Closes Ports in Hawaii

  The US Coast Guard Captain of the Port, Hawaii Pacific, has closed ports for Big Island, Maui County to include the islands of Molokai and Lanai, and Oahu to all traffic. According to a News Release issued, all cargo operations at these ports were to be secured by 6pm yesterday.






 
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