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GAC News
INSIGHTS: Sweden’s Alternative Fuel Development Faces Wider Market Hurdles
Despite becoming a major developer of alternative fuels for the maritime sector, Sweden is facing limited access to the wider European market. Nils Igelström, Managing Director of GAC Sweden, discusses the need for greater clarity to prevent shipping’s energy transition stalling.Sweden is in a very strong position to support the maritime sector’s alternative fuel development. Tied closely to the country’s own goal of reaching net zero by 2045…
GAC Opens Another Office in Taiwan
Global shipping and logistics provider GAC Group is expanding its presence in East Asia and the Asia-Pacific region by establishing a new office in Taiwan’s second-largest port, Taichung.The port has constructed several tailor-made wharves to serve the offshore wind energy industry as the country looks to become the leading provider of offshore wind power in the Asia-Pacific region. “By opening an office at Taichung Port…
New LNG Bunker Barge Planned for Port of Tacoma
Puget LNG and GAC Bunker Fuels have signed a memorandum of understanding to cooperate in the supply of liquefied natural gas (LNG) marine fuel from Puget LNG’s terminal to GAC’s customers in the Pacific Northwest.When the Tacoma LNG Terminal becomes operational in the second quarter of 2021, it will be the first such terminal on North America’s west coast providing direct shoreside loading access for a bunker barge.GAC Bunker Fuels…
A New Role for Service Providers Amidst Energy Upheaval
In today’s energy industry, things are moving fast. The upheaval brought about by COVID-19 and exacerbated by the Russia-Saudi Arabia oil price war has been so profound that the International Energy Agency (IEA) has described the situation as “a once in a century event for energy demand”. This is supported by current IEA predictions which suggest a 6% drop in global energy demand in 2020 – seven times…
GAC Opens in Ireland
As part of its European growth strategy, the GAC Group has opened its first office in the Republic of Ireland, providing a wide range of shipping services to vessels at the country’s ports as well as in Northern Ireland.GAC Ireland provides ship agency services at all major Irish ports to a range of customers operating in sectors from tankers and dry cargo to offshore and navy vessels. Through its base in Cobh…
GAC Denmark Opens in Kalundborg
The shipping services company GAC Denmark has opened a new branch in Kalundborg to better serve the needs of GAC’s global principals in the liquid bulk and other sectors.Kalundborg…
GAC Mulls Expansion
The shipping & logistics company GAC is tapping into the growing contract logistics business potential of the Asia Pacific, Indian Subcontinent and Middle East,…
GAC Bags Petronas Job
GAC Marine’s branch in Turkmenistan has been awarded two contracts by Petronas Carigali, a subsidiary of Petronas, to provide marine services for its development…
GAC Pushes Further into Arctic
GAC Norway opens new Arctic Circle branch at Tromsø in response to growing demand, said the company.Sitting 300km north of the Arctic Circle, Tromsø is the largest…
GAC Forwarding & Shipping Renamed GAC Shanghai
GAC Forwarding & Shipping (Shanghai) has changed its name to GAC (Shanghai) after more than a decade since its establishment, said a press release.Managing Director…
Essberger Tankers Sign Deal with GAC
Europe’s chemical tanker operator Essberger Tankers has entrusted its ship agency requirements to Gulf Agency Company (GAC) companies in Norway, Sweden, Denmark and Finland.Under the agreement…
