Adams, Chief Executive of IBIA
Ian Adams has been appointed the first ever Chief Executive of the International Bunker Industry Association (IBIA) following the decision to change from a 25-member Council of Management to an executive structure headed by a Board of Directors. Adams was formerly Secretary-General of IBIA which, since its formation in 1993, has been governed by a Council of Management. The decision to restructure was unanimously agreed by members at the IBIA convention in Cape Town in November last year.
OceanConnect Announces New Equity Partner
Booz Allen Hamilton concludes that OC is bringing efficiencies to the marine industry. OceanConnect.com, the global marketplace for the purchase and sale of marine fuels, today that management and technology consultancy Booz Allen Hamilton has entered into a letter of intent to become an equity partner in OceanConnect. The announcement follows OceanConnect's news that it has reached the million-ton milestone for bunkers sold. "In our work with oil and gas companies, we have seen how the introduction of new business channels such as OceanConnect can lead to advantaged supply chain management and back office integration. After reviewing their performance record and product development plans…