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New Bunker

New bunkering Deal in Trinidad

Fuels alliance between Petrotrin and BP Marine will offer more bunkering and supply resources and superior service to the region. Improved bunkering facilities in the Caribbean region are planned as a new agreement is announced between Petrotrin and BP Marine, which will combine to provide improved fuel supply services along the Key West coast ports of Trinidad. Petrotrin, the national oil Company of Trinidad and Tobago have an established marine bunkering infrastructure, supplying quality fuels from its refinery at Point-a-Pierre. Beginning November 1, BP Marine and Petrotrin will from combine their individual strengths in bunkering, customer service, marketing and marine products to creating a new alliance and a significantly higher level of service. BP Marine will now, in association with Petrotrin, market marine fuels through supply locations at all ports on the west coast of Trinidad. Essentially, the combined resources will improve logistics at these ports, bringing at least initially, an additional bunker barge to the area which will provide a guaranteed superior service through timely bunker deliveries of high quality fuel at competitive prices. Petrotrin’s Richard Callender announced that the deal with BP would help to confirm Trinidad as the key bunkering center for the Caribbean region


New Barge Speeds Le Havre Bunker Options

TOTAL Marine Fuels has increased its bunkering capacity at the port of Le Havre and at the Port 2000 container facilities with the delivery of its new bunkering barge, Cimil. The 4,500 tonne capacity bunker tanker is highly manoeuvrable and can deliver blends and different grades at 500 tph. Christophe Girardot, General Manager TOTAL Marine Fuels, says, "Cimil is a modern and flexible barge which will complement the bunker delivery capacity we have in Le Havre with our current barge ST


New Bunkering Deal in Trinidad

Fuels alliance between Petrotrin and BP Marine will offer more bunkering and supply resources and superior service to the region Improved bunkering facilities in the Caribbean region are planned as a new agreement is announced between Petrotrin and BP Marine, which will combine to provide improved fuel supply services along the key west coast ports of Trinidad. Petrotrin, the national oil Company of Trinidad and Tobago have an established marine bunkering infrastructure


New Bunker Purchaser at Dan-Bunkering

David Kazmierski

Dan-Bunkering (America) Inc. has appointed David Kazmierski as Bunker Purchaser as of 1 December 2012. David has over 30 years of experience within trading, inspection and bunker operations, and his employment with Dan-Bunkering is expected to strengthen the company’s position on the American market even further.   Dan-Bunkering (America) Inc. in Houston opened for business earlier this year, and the employment of David, who will be working mainly with purchasing


New Bunker Trader at Dan-Bunkering

Michael Moschos

Dan-Bunkering (America) Inc. has appointed Michael Moschos as Bunker Trader as of 15 October 2012. Dan-Bunkering (America) Inc. opened for business earlier this year and has been very well received within the business. The employment of Michael Moschos is part of Dan-Bunkering’s long-term objective which implies strengthening the company’s position on the American market and continuing to recruit more traders to expand the newly opened office in Houston, Texas


OW Bunker Appoints New Trading Manager

OW Bunker, a supplier and trader of marine fuel, announced the appointment of Stathis Grafakos as the new manager of OW Bunker Malta's Trading Division. Prior to joining OW Bunker, Grafakos spent 10 years in a variety of roles with ExxonMobil, including laboratory services, supply chain & logistics and sales. A Greek national, Grafakos has an expertise in the manufacturing and development of marine lubricants, along with extensive experience in technical and commercial operations within


Financial Prudence the Key to Bunker Trade Success

The importance of balancing the numbers for a successful bunker fuel trading operation will be stressed by GAC's Nicholas Browne when he shares his experience at the Lloyds Maritime Academy Bunker Management School this week. In his speech, the Global Director of GAC Bunker Fuels will outline what bunker traders need to keep in mind making the judgment calls they face every day. What are the criteria for granting credit to a new customer? How can they minimize their risk exposure? 


OW Bunker Announces Plans for U.S. Expansion

OW Bunker, one of the world's leading suppliers and traders of marine fuel, announced its intention to launch new operations in the U.S. With an anticipated commencement date of May, 2012, the move will provide the company with a complete global offering for its customers. OW Bunker already has a significant presence in Asia, Europe, South America, Africa and the Middle East, and has delivered sustained expansion and growth over the past five years.


GAC Bunker Fuels Strengthens HQ Team

GAC Bunker Fuels Limited has appointed two new UAE-based bunker traders as part of its regional expansion plan. Georgia Paravalou will trade and broker marine fuels in her new role. An economics and management graduate, she joins GAC Bunker Fuels from AP&A. Ltd, where she worked as a shipbroker, coordinated the marketing department and developed business in the UK and South China. Anthony Inglis is charged with expanding GAC's bunker business in the Middle East and developing bunkering


Ciane Returns to Çiçek for Second Vessel

The Turkish shipbuilder Çiçek Shipyard has delivered to Italian owners the second of four 3,100 dwt chemical tankers that it is building.  Named Brezzamare, she is expected to be employed in the bunker trades. (Photo courtesy Dunelm Public Relations)

The Italian shipowner Ciane Spa has purchased a second double-hull bunker tanker from the Turkish shipbuilder Çiçek Shipyard. The vessel is due to be handed over to the Italians at the beginning of February and will start bunkering operations immediately. In May 2009, Çiçek delivered Chem Flower, the first of a series of four 3,100dwt IMO II chemical tankers it had had under construction for its associated shipowning company White Tulip Shipping, to Ciane


Getting Real on LNG Fuel

Veristar LNG.jpg

Plentiful supply, low prices and strict regulations on air pollution are fuelling a swift move towards using LNG as fuel for ship propulsion in the USA and Canada. In Europe strict regulation in port is pushing passenger ship owners to use LNG fuel while berthed.


Dan-Bunkering Opens Office in Aalborg

Dan-Bunkering CEO Henrik Zederkof says he expects to be ready to trade as soon as December 1st

  The global bunker company, A/S Dan-Bunkering Ltd., expands its activities with an additional office in Denmark. "We have employed our first trading team in Aalborg and expect to be ready to trade as soon as 1st December, when Dan-Bunkering Aalborg opens.


Cost to Fuel Ships Falls

bimco.jpg

For a ship that burns 24 tonnes of fuel per day while steaming, fuel costs are reduced by as much as $1 million a year if current price level stay put. Assuming a difference from the average of first half of 2014 at $578 for 380 cSt, High Sulphur Fuel Oil (HSFO) in Rotterdam, to a new level of $412


Maersk to Introduce Low Sulphur Surcharge

Low Sulphur Surcharge

  To offset the additional cost incurred by switching to cleaner fuels in Emission Control Areas, as required by the new regulation, Maersk Line will introduce a new Low Sulphur Surcharge (LSS). The surcharge will be effective from 1 January 2015 and affect all cargo with load port


OW Bunker Bankruptcy has ‘Limited Impact’ on Monjasa

Photo: Monjasa

Though OW Bunker’s collapse has varyingly affected many companies around the globe, Danish bunker fuel provider Monjasa A/S said in a statement that the news holds an “insignificant commercial impact” for its business as the company has had only limited financial exposure towards


Monjasa Buys Tanker from Eships

Eships Bainunah will become African Sprinter in January 2015 (Photo: Monjasa)

The Monjasa Group has purchased a tanker, M/T Eships Bainunah, from Abu Dhabi based Eships, the company announced today. The Turkish-built (2005), IMO-II, 8,000 DWT vessel, which is double hull and fully equipped for bunkering, has been operating for Monjasa on time charter


OW Bunker to Meet Liquidator; Ship Arrests Continue

OW Bunker owes financers more than $750 million-creditor data; six more vessels arrested; 7 in total. The Singapore arm of bankrupt Danish shipping fuel trader OW Bunker will meet with its liquidator KPMG in early December to discuss the firm's outstanding debt, which totals almost $1


Outlook for Bunkering & Marine Lubricants in India

  The "4th Annual Conference on the Outlook for Bunkering and Marine Lubricants in India" will be held on Thursday, December 4, 2014 at the Hotel Vivanta by Taj-President, Cuffe Parade, Mumbai. With the demand for shipping fuel at major Indian ports having climbed in the past


Bunker Demand up 25 pct at Indian Ports

Demand for shipping fuel at major Indian ports has climbed in the past week by up to 25 percent as the cost of refuelling at Singapore, Asia's bunkering hub, soared following the collapse of the world's leading supplier, traders said. The announcement of OW Bunker's bankruptcy drove up shipping


Belgian Law Firm Says Contacted by OW Bunker Investors

Photo: OW Bunker

Belgian law firm Deminor said it had been contacted by 15 to 20 investment firms considering legal action over the failure of OW Bunker, the world's largest shipping firm which filed for bankruptcy a week ago. Deminor, which specialises in representing institutional investors in class actions


Ships to Divert to Hong Kong for Bunkers

Hong Kong bunker suppliers are expecting up to 20 percent more inquiries from shipowners who have had fuel contracts cancelled after the world's largest supplier announced its bankruptcy last week, sources said on Friday. Since the fall of OW Bunker


OW Bunker Collapse Rattles Singapore Bunker Markets

Major oil companies, trade firms to expand market share; tight credit hits small retailers. The collapse of OW Bunker in the wake of an alleged fraud at its Singapore trading unit will shake up the city state's more than $25 billion marine fuel market, the world's largest


Odfjell Results ‘Improving, But Not Yet Sustainable’

Delivered to Odfjell in the third quarter was Bow Trident, the third of four coated chemical tankers from the Hyundai Mipo yard in South Korea (Photo courtesy of Odfjell)

Norway-based tanker and terminal company Odfjell reported third quarter losses despite revenue gains and the formation of a gas carrier new joint venture, among several "improvements." Odfjell reported third quarter 2014 chemical tankers EBITDA of $26 million


Maersk Line Q3 Performance Better

Søren Skou, CEO of Maersk Line.

Maersk Line said it has achieved improved results in the third quarter of 2014 (Q3) through lower costs and increased rates. Revenue in Q3 was $7.074 million, as volumes increased by 3.7% to 2.4 million FFE. Maersk Line said its strategy is to grow with the market and the increase is in line


Ship Arrested, More Claims Emerge Against OW Bunker

Photo: OW Bunker

Fuel barge Laguna, carrying oil sold by Hin Leong to OW Bunker, arrested. Total claims against OW Bunker Far East and Dynamic Oil now over S$5 mln. Oil firms stepped up legal action against the Singapore units of bankrupt ship fuel trader OW Bunker with the arrest of a ship fuel delivery barge






 
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