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Bunker Broker News

30 Mar 2021

USTC Puts Digitalization on the Fast Track with BunkerEx Acquisition

© vladsv / Adobe Stock

USTC has acquired BunkerEx in a move to step up and streamline digitalization activities across USTC companies.BunkerEx caters to digitalization and transparency within logistics and transport, providing accessibility and optimization of online platform for fueling costs.“The acquisition of BunkerEx is a testament to our ambition to digitalize and be at the forefront of innovation and new technologies within the industry. We see great potential in BunkerEx and the team behind it…

09 Mar 2016

Lindsay Blee Expands into the Americas

Lindsay Blee’s new U.S. Independent international bunker broker Lindsay Blee announced that it is expanding its brokering operations into the Americas with a new operation called Lindsay Blee Americas (LBA) based in Florida to support customers across the U.S. and throughout Central and South America. Lindsay Blee Americas will initially be staffed by two broker/traders as well as two support personnel. James Hills, Managing Director of Lindsay Blee, said, “Along with our presence in the U.K. and Singapore, this expansion gives our customers a true global partner capable of fuelling their fleet anywhere in the world. “Many brokers have been consolidated into large bunkering conglomerates,” said Dean Morrison of Lindsay Blee.

12 Sep 2014

essDOCS Opens Americas Headquarters

Image courtesy of essDOCS

U.S. Provider of shipping & trade eDocs solutions essDOCS announced its expansion to the U.S. with the opening of a regional Americas headquarters office in Hoboken, New Jersey. The U.S. office enhances essDOCS’ ability to manage and support its customers across the entire Americas region, while also acting as a sales hub for expansion of the company’s cornerstone offering, CargoDocs. essDOCS CEO Alexander Goulandris said, “The opening of our new Americas headquarters marks another step in our commitment to provide regional support for our customers.

24 Jun 2014

OW Bunker Acquires Wilhelmsen Marine Fuels

OW Bunker, a physical distributor and reseller of marine fuels, today announced that it has acquired marine fuel broker Wilhelmsen Marine Fuels, a subsidiary of Norwegian Wilhelmsen Maritime Services, for an undisclosed sum. Wilhelmsen Marine Fuels’ main activity is broking services from offices in Oslo, London and Singapore, servicing customers on a global basis, but with a key presence in Singapore and the ARA-region (Amsterdam, Rotterdam, Antwerp). Executive Vice President, Götz Lehsten, OW Bunker, commented, “Wilhelmsen Marine Fuels has a strong team and an interesting customer base that fits well into OW Bunker’s integrated business model.

06 Mar 2014

Bunker Suppliers, Endofa, in France Partnership

Kenn Soendergaard: Photo credit Endofa

Endofa, an independent physical marine fuel supplier and bunker trader with offices in Houston and Dubai, informs it has partnered with another emerging bunker broker, VP Bunkers, to form Endofa-VP with offices in Nice, France. According to Endofa's Kenn Soendergaard, the new entity is designed to expand Endofa's presence in Europe while serving as its exclusive agent in France. "Our promise to deliver Positive Energy to the shipping market and offshore industry is very much at the center of this new venture," Soendergaard says.

31 Jul 2013

Back Bunker Trader Rejoins KPI

Jordan Felber

KPI Bridge Oil, a global broker and trader in marine bunkers, marine lubricants and risk management products, has appointed Mr. Jordan Felber as Bunker Trader/Broker in its New York Office. Jordan initially joined KPI Bridge Oil in 2008 from a position with Global Transportation Services as Area Sales responsible and stayed with the company until end 2011. Now, Mr. Felber has rejoined the New York team as Bunker Broker/Trader. Jordan has spent the last 1.5 years as a bunker purchaser with a large shipowner.

19 Oct 2012

FIS Bunker Digitalizes Fuel Oil Trading

Freight Investor Services launches a live bunker fuel pricing service that for the first time makes bunker hedging practical for its biggest users. Firm bids and offers, updated in real time for six months of bunker forward curve will provide unrivalled degree of price transparency and liquidity. Ali Ersen, Bunker Broker with FIS, said: “When a shipowner knows they are performing a given voyage or charter, they can use the screen to hedge their fuel like-for-like in the volume that they need. The FIS Bunker Screen automatically collates prices from multiple market-makers and provides firm bids and offers in tight spreads along six months of the forward curve.

19 Oct 2012

KPI Bridge Oil Appoints Mauro Agostini to Miami Office

Mauro Agostini: Photo credit KPI

KPI Bridge Oil, worldwide bunker broking and trading company, appoints Bunker Broker & Trader Mauro Agostini for its Miami office. Mauro, 40 years old, has been working in the bunker industry since 2006. He has in depth knowledge of the yacht market globally and has also worked intensively with Italian and Spanish ship owners and supply focus in the Spanish and Mediterranean ports. Mauro has a degree in Economics and fluent in Italian, Spanish and English. Jesper Rasmussen, Commercial Director…

16 Oct 2012

FIS Bunker Screen Brings Trading into the Digital Age

Firm bids and offers, updated in real time for six months of bunker forward curve will provide unrivalled degree of price transparency and liquidity. Freight Investor Services, one of the world’s leading brokers of freight and commodity derivatives, has launched a live bunker fuel pricing service that for the first time makes bunker hedging practical for its biggest users. The FIS Bunker Screen automatically collates prices from multiple market-makers and provides firm bids and offers in tight spreads along six months of the forward curve. Screen prices move with the market, reflecting up-to-the-minute changes in prices of the three key bunker fuel contracts: Singapore 180CST, Singapore 380CST and Rotterdam 3.5% Sulphur Barges.

16 Oct 2012

KPI Bridge Oil appoints Risk Management Chief

Christel McLoughlin

KPI Bridge Oil, a global bunker broker and trader has appointed Mrs. Christel McLoughlin as Director of Risk Management products. Christel will be based at KPI Bridge Oil’s Headquarter in London. Christel McLoughlin who is a French national, has more than 15 years experience in the oil and shipping industries within risk management and trading and is fluent in English, French, Swedish, Norwegian as well as having working knowledge of German, Russian and Danish. Christel holds…

04 Oct 2011

KPI Bridge Oil appoints London Bunker Trader

Evandro Cavalli, KPI Bridge Oil London Bunker Trader

KPI Bridge Oil, a leading global bunker broker and trader has appointed Mr Evandro Cavalli as Bunker Trader in its London office. Evandro, 31, is Brazilian/Italian and has previously worked for several years with one of the international Oil Majors in trading operations and at Blenheim Shipping UK as Chartering and Finance Administrator. Evandro has also obtained a BSc in Economics from Brazil and a Masters in International Trade Law from Italy as well as various Diplomas in Shipping, Tanker Chartering and Oil products from the UK and The Netherlands.

08 Apr 2011

KPI Bridge Oil Appoints Bunker Trader

London, 08 April 2011 – KPI Bridge Oil, a leading global bunker broker and trader has appointed Mr Leonardo Galione as Bunker Trader in its London office. Leonardo is of Anglo Italian background and has previously worked in sales and brokerage. Jan Obel, CEO KPI Bridge Oil Group says: “Leonardo was selected from our recent competitive recruitment drive designed to bring fresh talent to our industry.

22 Mar 2011

KPI Bridge Oil appoints New Bunker Trader

London, 22 March 2011 – KPI Bridge Oil, a leading global bunker broker and trader has appointed Miss Carmen Poh as Bunker Trader in its Singapore office. Carmen Poh has obtained a diploma in accountancy and has been an ACCA member since 2004. Before joining KPI Bridge Oil, Carmen spent 6 years with PriceWaterhouseCoopers LLP as a Senior Associate working on various assignments across Asia. Carmen, 30, is from Singapore and fluent in English and Mandarin. Kelvin Yeo, Managing Director…

17 Mar 2011

KPI Bridge Oil Appoints Marine Fuel and Lubricants Trader

London, 18 March 2011 – KPI Bridge Oil, a leading global bunker broker and trader has appointed Mr George Belekos as Marine Fuel and Lubricants Trader in its New York office. George Belekos has obtained a Bachelor degree in Maritime Studies from the University of Piraeus. He has several years professional experience in sales and marine lubricants trading and has spent 3 years working for a well known lubricant trader in Greece. George, 31, is also currently undertaking a MBA degree at Baruch College, Zicklin School of Business in New York City and is fluent in English, Greek and French.

17 Mar 2011

KPI Bridge Oil Appoints Admin Executive for Singapore

London, 16 March 2011 – KPI Bridge Oil, a leading global bunker broker and trader has appointed Miss Fion Chia as Administration Executive in its Singapore office. Fion Chia has extensive admin and secretarial experience from various trading companies. Fion, 30, is Singaporean and fluent in English, Chinese and Cantonese. The appointment follows recent expansion of the trading department in KPI Bridge Oil Singapore.

02 Mar 2011

KPI Bridge Oil Appoints Rasmussen

Photo courtesy KPI Bridge Oil Group

KPI Bridge Oil, a global bunker broker and trader, has appointed Jesper Rasmussen as Senior Key Account Manager in its London office. Rasmussen, a Danish national, has management and sales experience in the global maritime industry and speaks Danish, English, German, Norwegian and some Dutch and Greek. Rasmussen holds a degree from Copenhagen Business School and has completed various business courses at Management Centre Europe in Brussels and Cranfield University in the UK. Jesper joins the KPI Bridge Oil group from a leading global marine-paint and coating supplier…

20 Feb 2011

KPI Bridge Oil Appoints New Bunker Broker & Trader

Photo courtesy KPI Bridge Oil Group

KPI Bridge Oil appointed Nick Fuca as Bunker Broker and Trader in its New York office. Fuca has been part of the bunker industry for 27. He started out in 1984 when he joined Sumitomo Corp of America. In 1989 he joined Asamar, Inc/Fratelli Cosulich where he spent the next 22 years of his career.

23 Aug 2002

Bunkerfuels Korea Team Joins OceanConnect

OceanConnect President Thomas K. Reilly announced today that the entire Bunkerfuels Korea team has joined OceanConnect, effective immediately. Bunkerfuels is owned by World Fuel Services, which trades as INT on the New York Stock Exchange. “We are extremely pleased to welcome S.I. Shim and his colleagues to OceanConnect,” said OceanConnect President Thomas K. Reilly. “It’s a tribute to our organization that one of the world’s leading bunker brokers has chosen to join OceanConnect. With the addition of S.I. and his team, OceanConnect now offers unparalleled value by combining online transactions with traditional 24/7 service,” Reilly continued. “S.I. and his team built the first international bunker brokering organization in Korea.