Matt Cape News

Platts, a leading global energy, metals, petrochemicals and agriculture information provider, announced today that it has acquired Petromedia, a specialist provider of news and analysis for the shipping and oil industries. The purchase helps extend Platts coverage beyond traditional marine fuels and market fundamentals. Founded in 2001, Petromedia provides customers with access to up-to-date news, daily prices and analysis on the global shipping and oil markets, including services to help manage counterparty risk, marine fuel quality monitoring, alternative marine fuel and technology awareness, and a bunker procurement platform. Andy Bose…

BunkerDesk continues to expand its coverage since the launch of the service in April 2002. BunkerDesk now covers an additional 25 bunkering ports, and now provides Daily Bunker indication for 149 ports worldwide, twice as many as any other service. According to Jamie Halliday, Data Manager "We are continuing to expand and deepen our bunker price coverage. Not only do we cover more and more ports, but we are also canvassing more and more suppliers. Now well into its 3rd month, BunkerDesk has proved an unqualified success. The service already has over 350 users. "There genuinely has been no let up in the number of people subscribing and trialling the system" says Matt Cape, Managing Director.