Aegean Marine Rolls out New Market in Rostock, Germany
Aegean Marine Petroleum Network Inc. has announced the launch of a new service center in Rostock, Germany that will serve all German Baltic Sea ports and Southern Scandinavian ports. The operations at Rostock will be managed by the existing team at OBAST Bunkering & Trading GmbH (OBAST), a physical bunker supplier and cargo oil trader. Under the terms of the agreement with OBAST, Aegean will acquire OBAST's existing share capital. E. Nikolas Tavlarios, President of Aegean Marine Petroleum Network…
NATO Navy Ships Refuel in Poti
Physical bunker supplier arranged delivery of marine fuels to NATO navy ships in Poti, Georgia.Standing NATO Maritime Group Two (SNMG2) under the direction of Royal Navy Commodore Mike Utley, conducted a port visit in Poti, Georgia May 14 to May 17 with four ships from the group: Royal Navy destroyer HMS Duncan (flagship), Turkish frigate TCG Gemlik, Romanian frigate ROS Regele Ferdinand and Bulgarian frigate BGS Drazki.“In general, physical bunker supply in Georgian ports, available by tank trucks alongside berth.
Keppel, BG Group JV to supply LNG Bunkers in Singapore
Keppel Offshore & Marine Ltd (Keppel O&M), through its wholly-owned subsidiary KS Investments Pte Ltd (KSI), and BG Group plc (BG Group) have been selected to supply Liquefied Natural Gas (LNG) bunker to vessels in the Port of Singapore. The joint bid submitted by Keppel O&M and BG Group for the LNG bunker supplier licence is one of the two top bids selected by the Maritime and Port Authority of Singapore (MPA). The awarding of the licence is in line with the Port of Singapore's plans to launch the LNG Bunkering Pilot Programme in 2017.
Mass Flow Metering Now Mandatory in Singapore
In a move which has been hailed as a landmark moment for the bunker industry, the use of mass flow metering (MFM) for heavy fuel oil bunker deliveries in Singapore became mandatory on January 1, 2017. The Maritime and Port Authority of Singapore’s (MPA) efforts have been applauded by many in the industry – including World Fuel Services – who see MFM as an important tool for developing more transparency and accountability for the bunker supply chain. So how does MFM work, and why is it so important to the bunkering industry? When a mass of liquid passes through an oscillating tube, the inertia effect of the moving liquid will cause the tube to twist – and the twisting will be in direct proportion to the liquid‘s mass flow.
Singapore Adopts Standard for Bunker Mass Flow Metering
The world’s first National Technical Reference for Bunker Mass Flow Metering (TR48 : 2015) was launched in support of the Maritime and Port Authority of Singapore (MPA)’s and industry’s initiative to use the mass flow metering (MFM) system for marine fuel oil deliveries in Singapore with effect from January 1, 2017. MPA said the TR sets out clear requirements for measurement and system integrity that provides a fair basis for custody transfer between the bunker supplier and bunker buyer in Singapore. Bunkering in Singapore has grown tremendously since standardized bunker delivery procedures were adopted in the early 1990s. MPA has reported record bunker sales volume of 45.16 million metric tons in 2015, making Singapore the world's largest bunkering port.
First Bunker Supply by Barge at Paradip
Gulf Petrochem Group, the UAE based global bunker supplier, has set another milestone in its operations with the first-ever bunker supply by barge at the non-conventional port of Paradip in Odisa, India’s east coast in a joint effort with Indian Oil Corporation Limited (IOCL). Gulf Petrochem arranged for the supply of 810 metric tons of bunker fuel IFO 180 CST by barge. Typically, supplies were made to the non-regular bunker port of Paradip only by Road Tanker Wagons (RTW) and for small volumes.
New Bunker Supplier Eyes Houston/Galveston Market
GCC Bunkers said it seeks to establish itself as a leader in developing compliance solutions for the IMO global sulfur cap in 2020 and is operated by principals Mark VandeVoorde and John Mafrige. Longer term, GCC is actively evaluating several processing or manufacturing opportunities for post 2020 bunker fuels to be produced in Texas. The Company has secured working capital funding from a Texas-based private equity group and has entered into agreements for physical marine fuels storage at Texas International Terminals in Galveston, beginning July, 2017.
Gulf Petrochem Expands European Bunkering Division
Gulf Petrochem Group, the UAE based global bunker supplier, said it is now officially offering physical supply of Gasoil on the River Thames, U.K. The group’s deliveries will be carried out using a barge on an exclusive long-term charter named the Conveyer. The move will allow Gulf Petrochem Group to supply ISO compliant Gasoil to its customers at all ports and wharfs along the Thames and Medway. Further, the group’s Rotterdam operations have added to its current fleet with the time charter of The Melbourne.
Monjasa Reports Panama Canal Supply Growth
Physical bunker supplier Monjasa has been active in the Panama Canal since 2011 and established a physical presence for operations and bunker trading in Panama City in 2015. Now one year after the official inauguration of the new locks of the expanded Panama Canal, Monjasa said it has seen supply volumes continually grow. “Since the opening of the new locks exactly a year ago, we have seen a positive development in the local bunker market,” said Rasmus Jacobsen, Managing Director for Monjasa Americas. “On a daily basis, we already see sicx ships passing through the new locks, and as the tonnage further increases, we expect this number will increase to eight1, 10, or possibly 12,” Jacobsen said.
Panoil, Universal Energy Lose Singapore Bunker Supply Licence
The Maritime and Port Authority of Singapore (MPA) will not be renewing the bunker supplier licences of Panoil Petroleum Pte Ltd and Universal Energy Pte Ltd when they expire on 31 August 2017. The bunker craft operator licence of Universal Energy Pte Ltd will also not be renewed. Both companies will no longer be allowed to operate as a bunker supplier and bunker craft operator in the Port of Singapore. Panoil Petroleum Pte Ltd made unauthorised alterations on the pipelines of their bunker tankers and has accumulated demerit points for non-compliances to the bunkering procedures.
Panama Canal Expansion: Impacts on the Bunker Industry
The total volume of the Panama bunker market has increased in recent years as price levels are becoming increasingly competitive to U.S. bunker hubs like Houston, New Orleans and New York. In 2015, reports indicate that approximately 5 percent of the global trade passes through the Panama Canal. And, in the light of this weekend’s historic opening of the new Panama locks, this percentage is expected to grow in the coming years, as an increased number of Post-Panamax containerships…
Standard Bunker Contract Review Begins
Three of the world’s largest bunker suppliers, including World Fuel Supplies and Dan Bunkering, have joined a team of industry experts to review BIMCO’s standard bunker contract – BIMCO Terms 2015. Shipowners will be represented by Denmark-based J Lauritzen and Norden. Legal and P&I input comes from Clyde & Co and the North of England P&I Club. The initiative is supported by the International Bunker Industry Association (IBIA) who will have a representative on the team. BIMCO…
FueLNG Completes First Commercial LNG Bunkering in Singapore
FueLNG, a joint venture between Keppel and Shell Eastern Petroleum (Pte) Ltd (Shell), has achieved the first commercial Liquefied Natural Gas (LNG) bunker transfer in Singapore by completing truck-to-ship bunkering for the Floating Liquefaction (FLNG) vessel, Hilli Episeyo. The LNG bunker transfer, which was carried out in batches from July 22, to September 23, 2017, was conducted in accordance with the Singapore Chemical Industry Council (SCIC) Technical Reference for LNG Bunkering (TR 56), which provides a safe, efficient and sustainable technical framework for LNG bunkering operations. This marks the first LNG trucking operation for FueLNG…
FueLNG Completes First Commercial LNG Bunkering in Singapore
FueLNG, a joint venture between Keppel and Shell Eastern Petroleum (Pte) Ltd (Shell), has achieved the first commercial Liquefied Natural Gas (LNG) bunker transfer in Singapore by completing truck-to-ship bunkering for the Floating Liquefaction (FLNG) vessel, Hilli Episeyo. The LNG bunker transfer, which was carried out in batches from 22 July to 23 September 2017, was conducted in accordance with the Singapore Chemical Industry Council (SCIC) Technical Reference for LNG Bunkering (TR 56), which provides a safe, efficient and sustainable technical framework for LNG bunkering operations.
Gulf Petrochem Group Expands European Bunker Operations
Gulf Petrochem Group, the UAE based global bunker supplier, has announced that it is now officially offering physical bunker supply in the port of Rotterdam, out of its new office based in Dordrecht. The office will cater to the group’s global customers and provide them with a wide portfolio of marine fuel products such as 380cst and LSGO from two exclusive time chartered barges, the Virage and the Arctic. Both barges have a capacity of 3,000 dwt (deadweight tonnage) and pumping capacity of 960cbm/hour and 800cbm/hour respectively.
MPA Revokes Bunker Supplier Licences of AC Oil
The Maritime and Port Authority of Singapore (MPA) has revoked the bunker supplier and bunker craft operator licences of AC Oil Pte Ltd with effect from 29 July 2016. AC Oil Pte Ltd will no longer be allowed to operate as a bunker supplier or bunker craft operator in the Port of Singapore. As part of MPA’s on-going regulatory efforts to ensure the safety, reliability and quality of bunker supplies in Singapore, checks were conducted on AC Oil Pte Ltd in May and June 2016. MPA’s…
Aegean Becomes Fourth Bunker Supplier to Exit Singapore
Aegean Bunkering Pte Ltd will halt physical supply operations in Singapore by January, the company said, becoming the fourth such firm to exit the world’s largest marine refuelling hub after it adopted tougher bunkering procedures this year. Since adopting mass flow meters (MFM) to streamline operations on marine refuelling, or bunkering, barges at the start of 2017, suppliers in Singapore have seen margins squeezed and competition surge in the battle for market share. “2017 has seen heightened commercial pressures in Singapore, and as a result, management has determined that Aegean’s resources can be more profitably deployed elsewhere,” its president, Jonathan Mcilroy, said in a statement on Tuesday.
Singapore Revokes Transocean Oil's Bunker License
The Maritime and Port Authority of Singapore (MPA) has revoked the bunker supplier and bunker craft operator licences of Transocean Oil Pte Ltd, with effect from 6 November 2017. Transocean will no longer be allowed to operate as bunker supplier and bunker craft operator in the Port of Singapore. As part of MPA’s ongoing regulatory efforts to ensure the integrity of bunkering in Singapore, checks were conducted on Transocean in March and April this year. MPA’s investigations revealed…
Singapore Charges Defunct Bunker Supplier, Staff
A Singapore marine fuel supplier and three executives have been charged with cheating as part of a government crackdown on short deliveries of fuel to vessels in the world's largest bunkering hub. Vermont UM Bunkering Pte Ltd, two directors and a former bunker manager were charged with 150 counts of conspiracy to charge customers for more marine fuels - also known as bunkers - than actually delivered, the Corrupt Practices Investigation Bureau (CPIB) said in a statement. "Through these alleged fraudulent transactions, Vermont Bunkering had dishonestly induced its customers to make excess payments totalling over $8 million," the statement said.
Singapore Offers Funding to Build LNG Vessels
The Port of Singapore, regarded as a leading bunkering hub, is poised to expand its offering of marine fuel solutions to include LNG. In line with these efforts, the Maritime and Port Authority of Singapore (MPA) has taken another step toward the planned 2017 launch of the LNG Bunkering Pilot Program (LBPP) which aims to establish Singapore as a key LNG bunkering hub in Asia. The Port of Singapore is inviting interested companies to tap on a S$12 million fund, from the MPA's "Maritime Innovation & Technology Fund" (MINT Fund), for the building of LNG-fuelled vessels.
GP Group Expands Antwerp Bunker Operations
UAE based global bunker supplier Gulf Petrochem Group is now offering physical bunker supply in the port of Antwerp, Belgium from its existing office in Rotterdam, the Netherlands with immediate effect. The new offering will cater to the group’s global customers and provide them with a wide portfolio of marine fuel products such as RMG 380 and LSGO from two exclusive time chartered barges, the Valsinni and the Chardonnay. Both barges have a capacity of 4,600 dwt (deadweight tonnage)…
GAC Takes Care of ‘Maersk Deliverer’ at Ngqura
A massive drilling rig has completed its latest Special Periodic Survey and is now back in active duty off the coast of Angola. GAC South Africa was appointed to take care of the behemoth during its five-week stay at the deep water port of Ngqura. Weighing in at 37,756 GR, measuring 117m x 78m x 37m and with accommodation for up to 180 people, the ‘Maersk Deliverer’ needed plenty of room. It found it at Ngqura, South Africa's newest port, which has an entrance channel depth of 18m, a turning basin of 600m in diameter and 18m Port Chart Datum.
New Bunkering Procedures in Singapore
The Standard Club has quoted a a circular earlier this year by the Maritime and Port Authority of Singapore (MPA) for the mandatory use of the mass flow metering (MFM) system for marine fuel oil (MFO) deliveries in Singapore with effect from 1 January 2017. The circular covers the set of core requirements for metering system qualification, installation, testing, procedures and documentation for MFO deliveries via the MFM system in the port of Singapore. From 1 June 2016, all bunker suppliers…