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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


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


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


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 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.


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


ExxonMobil Inks Deal to Collaborate on Caledonia LNG Project

OIC MEETING PHOTO EXXONMOBIL

ExxonMobil, Babcock International Group, Bernhard Schulte Shipmanagement (BSM), Calor and Orkney Islands Council have signed an agreement to collaborate in the “Caledonia LNG ” project. The aim is to develop the infrastructure, storage and technical support needed to enable safe


Bosphorus Strait Traffic Suspended after Collision - GAC

Traffic in Turkey's Bosphorus Strait, an important international shipping lane for oil and grain, was suspended on Monday after a minor collision between two bulk carriers, shipping agent GAC said. There were no immediate reports of casualties.


Partners to Build LNG Dual-fuel Bunker Ship for Singapore

Harley Marine International Holdings Pte. Ltd. said it has signed an MoU with Pavilion Gas Pte. Ltd, Mitsui O.S.K. Lines, Ltd. (MOL), and Mitsui & Co., Ltd. (Mitsui) to build the first liquefied natural gas (LNG) dual-fueled bunker tanker for Singapore.  


World Fuel Services Prepares for Global Sulphur Cap

Logo

From 1 January 2020, a new global sulphur cap on marine fuels will come into effect which will turn the whole bunker industry upside down; and World Fuel Services is urging the shipping, bunkering and energy sectors to work together to meet this new challenge.


Singapore Continues to Harmonize LNG Bunkering Standards

MoU inked to further efforts to facilitate uptake of LNG for the future. Photo:  Maritime and Port Authority of Singapore

 To develop the world’s first set of harmonised LNG bunkering standards, a network comprising Antwerp, Rotterdam, Singapore and Zeebrugge, subsequently expanded to include Jacksonville and Norway, was formed.    Taking reference from documents by organisations such as the


Bunkering First for Gazpromneft Marine Bunker

Photo: Gazpromneft Marine Bunker

 Gazpromneft Marine Bunker Ltd performed its first delivery of marine oil to the vessel operated by Chevron in Ust-Luga port.    The delivery was arranged with cooperation with Gazpromneft-Lubricants – the Gazprom neft’s oil and lubricants business operator – as


Lithuania Terminal Operator to Start LNG Bunkering in 2017

Lithuania plans to start liquefied natural gas (LNG) bunkering next year, and will soon call a tender for a test cargo, Klaipedos Nafta, the operator of the terminal, said on Wednesday.   The onshore bunkering station at Klaipeda port would be able to reload 250


Guinea Opens Box Port in UAE Bauxite Complex

Guinea opened a new container terminal on Wednesday, part of a bauxite complex being developed in the West African country by Abu Dhabi investment fund Mubadala. Mubadala signed a $5 billion agreement with Guinea in 2013 to develop a bauxite mine


ClassNK Issues AIP for LNG Bunkering Vessel Design

(Pictured l-r) ClassNK : S. H. Lee, H. Takesue, J. B. Jeong, T. Nishibashi (Country Manager of Korea) / Hanjin Heavy Industries & Construction Co., Ltd.: C. S. Lee (Technical Director), K. C. Lee, J. K. No. (Photo: ClassNK)

Classification society ClassNK has issued Approval in Principle (AIP) for a 7,500 cbm LNG bunkering vessel designed by Hanjin Heavy Industries & Construction Co., Ltd. This design is the result of joint research carried out by Hanjin Heavy Industries & Construction Co., Ltd


HullWiper Delivers 100 Hull Cleans for Maersk Line

Hullwiper in action cleaning the hull of the Maersk ganges. Photo GAC

HullWiper, GAC EnvironHull’s diver-free hull cleaning technology, has completed its 100th clean for Maersk Line. The clean was conducted on the Maersk Ganges in the Jebel Ali Container Terminal, Dubai. The HullWiper Remotely Operated Vehicle (ROV) is an environmentally friendly and


IBIA on Global sulphur cap

Image: International Bunker Industry Association

 Even if, in theory, globally there is refining capacity to produce sufficient fuels to meet the 0.50% sulphur cap in 2020, if you take a more detailed look the picture is very different.   In fact, several countries told the 70th session of the Marine Environment Protection Committee


Finnlines Improves Profit despite Lower Revenues

File photo: Finnlines

Despite a dip in revenues during the third quarter and first nine months of 2016, Finland-based shipper Finnlines Group was able to improve profits for both bother periods by cutting expenses. The group’s €60.9 million result for January-September was about €20 million better


GAC Supports Beatrice Offshore Windfarm Project

GAC UK to provide a range of shipping, logistics and support solutions Photo GAC

GAC UK has been appointed by Seaway Heavy Lifting (SHL) to provide essential shipping services support for the construction and installation of 84 new turbines as part of a major windfarm expansion project which will increase generating capacity almost six-fold.


GAC Eyes Opportunities in Disrupted Market

Photo: Patrick King / GAC

Shipping, logistics and marine services company GAC is approaching turbulent global markets with a push for greater innovation and flexibility, according to GAC Group President Bengt Ekstrand.   Dubai-headquartered GAC said it has maintained a solid balance sheet despite slumps in key


Collaborators to Develop LNG Deliveries in North UK and North Sea

From left to right: Michael Cobb, ExxonMobil; Andrew Scott, Babcock; Ian Lindsay, Babcock; Angus Campbell, BSM; Michael Morrison, Orkney; Gavin Barr, Orkney; Mark Gilks, Calor; and Luca Volta, ExxonMobil (Photo: © Colin Keldie)

Aiming to develop the infrastructure, storage and technical support needed to enable safe liquefied natural gas (LNG) operations for customers in the north of the U.K. and North Sea, including bunkering, partners ExxonMobil, Babcock International Group, Bernhard Schulte Shipmanagement (BSM)






 
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