Petromedia Group News

In a bid to improve bunker quality across the marine fuel supply chain, the International Bunker Industry Association (IBIA) has called on marine fuel suppliers to adopt the ISO 2010 specifications for bunkers. Despite having been introduced four years ago to improve bunker standards, it is estimated that only a quarter of bunker suppliers are currently supplying in accordance with the 2010 specifications. Addressing 1,127 attendees from the shipping community at the annual IBIA dinner at London’s Grosvenor House Hotel last night (Monday, February 17), IBIA Vice-Chairman Jens Maul Jorgensen said, “ECO vessels are now entering the market equipped with engines which are more sensitive than vessels have ever had before.

In support of global growth opportunities, the Singapore-based marine credit analysis company, has appointed John Phillips Manager Director. Phillips will also become a member of the Petromedia Group Board and will be based in Singapore. John Phillips comes to Ocean Intelligence from his own consulting company, Awyr Las Pte Ltd, which will continue to be run autonomously. Phillips was Global Credit Manager for leading marine fuels supplier Chemoil, before he left to set up Awyr Las Pte Ltd, and before that Phillips was Operations Manager for Lloyds MIU.