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Saturday, August 17, 2019

Marine Fuel Oil News

© Igor Groshev / Adobe Stock

Singapore Investigating Bunker Tampering

The Maritime and Port Authority of Singapore (MPA) is investigating bunker craft operator Southernpec (Singapore) Pte Ltd for equipment tampering during a bunkering operation, the agency said in an email on Monday.The MPA had previously suspended Southernpec's operator licence "with effect from 25 April 2019 until further notice," it said in a statement released on Saturday."MPA is investigating the bunker craft operator and supplier ...

© Nikita Starichenko / Adobe Stock

Argus Adds New Marine Fuel Price Assessments

Oil price reporting agency Argus has launched five new price assessments for low-sulphur marine fuels, ahead of new global rules capping the amount of sulphur in marine fuels, also known as bunkers.International Maritime Organization (IMO) regulations will cut the limit for sulphur in bunker fuels globally from 3.5 percent to 0.5 percent from the start of 2020."Argus is pleased to be taking the lead in bringing price transparency that enables this large and emerging oil market to advance trading in preparation for the IMO 2020 required fuels…

© Riccardo Arata / Adobe Stock

Saras Invests in New Bunkering Terminal

Italian refiner Saras is constructing a ship-refueling terminal at its Sardinia plant and will market a new, cleaner marine fuel ahead of a major regulatory change in 2020, its chief executive told Reuters.From January 2020, the International Maritime Organization (IMO) will ban ships from using fuels with a sulphur content above 0.5 percent, compared with 3.5 percent now, in one of the biggest changes in the oil market in decades.Refineries around the world have been gearing up for the switch by reducing output of high-sulphur fuel and upgrading plants to maximize production of the cleaner…

Pic: ABS

The 2020 Global Sulphur Cap: ABS Aid for Greek Shippers

Leading Greek shipping industry stakeholders joined ABS, a global provider of classification and technical advisory services to the marine and offshore industries, for a workshop on drafting 2020 sulfur limit Ship Implementation Plans (SIP).Intended to help shipping companies and crew ready their vessels for compliance with the required sulfur content limit of 0.50% by 1 January 2020, the ABS workshop identified risks associated with design and operations of vessels in relation to the IMO regulation, including a HAZID study.

(File photo courtesy of OW Bunker)

Former OW Bunker Manager Gets 18 Months in Jail

A Danish court on Wednesday sentenced the former manager of OW Bunker's Singapore subsidiary to 18 months in prison after he was found guilty of granting credit outside his mandate, contributing to the bankruptcy of the marine fuel oil supplier.The 2014 bankruptcy of OW Bunker, then the world's leading supplier of marine fuel oil with a 7 percent market share, sent shockwaves through the global shipping industry and left investors and business partners scrambling to cover their losses.The city court of Aalborg said it found Lars Moller…

File Image (CREDIT: AdobeStock / © Seafarer81)

Singapore Extends MFM Use

Following the successful completion of test-bedding the use of mass flow metering (MFM) system for delivery of distillates , the Maritime and Port Authority of Singapore (MPA) will extend the mandatory use of MFM to all bunker tankers delivering distillates1 in the Port of Singapore from 1 July 2019. Assistant Chief Executive (Operations) of MPA, Capt M Segar said this at the International Bunker Industry Association (IBIA) Asia Gala Dinner held last night (26 April 2018). The use of the MFM system will enhance transparency in the bunkering process…

© Dmitry Zheltikov / Adobe Stock

Singapore Extends Compulsory Use of Flow Meters to Distillate Barges

Singapore will extend the mandatory use of mass-flow-meters to bunker barges delivering distillate fuels to large ships, the port authority said on Friday, ahead of an expected pick-up in the use of distillates to meet caps on sulfur content.Singapore, the world's largest marine refueling hub, became the first port to mandate the use of mass-flow-meters (MFMs) in 2017, making them compulsory for marine fuel oil bunker barges licensed by the Marine Port Authority (MPA).Along with a crackdown on short deliveries to bunker fuel customers…

FMC Commissioner William P. Doyle

Cyber Attacks Threaten Shipping & Dominate Maritime News

The maritime industry must redouble its efforts to secure IT systems and data. In June, Maersk Line A/S’s information systems were severely disrupted by the so-called Petya virus. FMC provided Maersk with relief to help them get through the difficult situation. In Mid-July, a researcher penetrated a ship’s internet system through its very small aperture system (VSAT). The ship was operating in the South America trade. An internet security researcher identified as “x0rz” discovered that many shipboard VSAT systems can be penetrated through the public internet…

Photo: MXB

MXB Begins Physical Operations in Mumbai

Matrix Bharat Pte. Ltd. (MXB), a supplier of marine fuels in India, has begun physical operations in Mumbai. In conjunction with this, MXB has commenced operations on Jawahar Dweep, an island off the southeastern coast of Mumbai. MXB is a joint venture between Matrix Marine Fuels and Bharat Petroleum Corporation Ltd. (BPCL), one of India’s largest PSU (state owned) oil refining and marketing companies. The company will provide physical products at Mumbai’s Outer Port Limits (OPL), servicing vessels that are waiting to berth, as well as vessels making bunker-only-calls.

Bomin Affirms Commitment to Baltic Bunkering Market

The Bomin Group, a global physical supplier and trader of marine fuel oil, today reaffirmed its commitment to providing physical bunkering products and services in the Baltic, including Rostock, Germany’s largest Baltic port. In line with the company’s new regional hub structure, Bomin’s Hamburg office will take responsibility for physical operations and infrastructure in the region. Bomin Deutschland is operating two state-of-the-art bunker barges in the Baltic area – MT Bergen Troll and MT Lioba – providing customers with a full range of quality products including MGO DMA 0.1 percent…

Asian Ship Owners Meet in Japan

Held in Fukuoka, Japan, on March 19, 2017, the 29th Interim Meeting of the Asian Shipowners’ Association (ASA) Shipping Economics Review Committee (SERC)was attended by 21 delegates from ASA member associations of ASEAN, China, Chinese Taipei, Hong Kong, Japan and Korea. The U.S. economy is expected to pick up slightly this year, considering that manufacturing and investment will gain traction after a weak 2016. On the other hand, there is concern about how future economic policy and other policy initiatives under the Trump administration might affect not only the U.S.

Photo: Monjasa

Monjasa Named Exclusive Bunker Supplier at Tongue Anchor

Global oil and shipping group Monjasa said it has consolidated its physical operations in North Western Europe and in particular in the world’s second busiest waterway, the English Channel. Over the past year, Monjasa has established exclusive oil terminal operations and bunkering facilities in Portland Port, Tongue Anchorage, and set up an office in London. The bunkering operations at Tongue Anchorage further tightens the Monjasa Group’s European physical supply operations, which stretch from the Baltic Sea to the English Channel.

Henrik Robdrup (Photo: Bomin Group)

Bomin Hires Robdrup to Lead Global Sales

Global physical supplier and trader of marine fuel oil the Bomin Group has appointed of Henrik Robdrup as its new Director of Global Sales. Based at Bomin’s Head Office in Hamburg and working closely with the global management team, Robdrup will be responsible for integrating Bomin’s global sales strategy and related processes to support the company’s growth plans, and to further strengthen relationships with customers on a global basis, the company said. Robdrup joins Bomin with more than 25 years of experience in the global shipping industry…

Bomin Launches Physical Operation in Mauritius

Physical supplier and trader of marine fuel oil the Bomin Group is launching a physical operation in Port Louis, Mauritius, effective from July 12, 2016. Bomin (Mauritius) Ltd. will utilize the 2008-build, double-hulled bunker barge MT Hakkasan to provide customers with products, including IFO 180cst, as well as MGO. All deliveries will be provided under a Bomin specific Bunker Delivery Note (BDN). “Port Louis is the only official port of entry and exit for sea vessels in Mauritius…

Laven Appointed as Regional Manager for Bomin

The Bomin Group, a leading global physical supplier and trader of marine fuel oil, has today appointed Andrew Laven as the new Regional Manager for Middle East and Africa. Laven has a wealth of experience in the bunkering industry, most recently as Vice President of BP Middle East. He joins Bomin during an important period, as the company expands and develops its operations in key territories, strengthening its global team in order to achieve its ambitious growth targets. Jan Christensen…

Bomin Names Laven Regional Manager

The Bomin Group, a global physical supplier and trader of marine fuel oil, has appointed Andrew Laven as the new Regional Manager for Middle East and Africa. Laven will be based at Bomin’s office in Dubai, working with the wider team to ensure the delivery of product and service excellence across the region, as well as building closer, partnership-based relationships with customers to ensure their needs are met, the company said. Laven brings to the role a wealth of experience in the bunkering industry, having most recently served as Vice President of BP Middle East.

Jan Christensen (Photo: Bomin Group)

New Leadership Appointments at Bomin

The Bomin Group, a global physical supplier and trader of marine fuel oil, announced a number of appointments within its leadership team in order to create a solid foundation for further growth in the coming years. Effective April 1, 2016, Thomas Roller has been appointed as the sole Managing Director of Bomin Bunker Holding. Thomas Johannsen, former joint Managing Director of Bomin Bunker Holding, has been appointed Director Public Affairs of Marquard & Bahls. At the same time, Jan Christensen has been appointed as Global Head of Bunker Operations for the Bomin Group.

Bomin Group Expands Japan Bunkering Team

The Bomin Group, a global physical supplier and trader of marine fuel oil, announced the appointment of Shogo Miura, a new Business Development Manager in Japan. As the operation expands, Bomin is also moving to new offices in Tokyo. Shogo Miura brings over 20 years of marketing and sales experience to the company, 10 of which have been spent in the bunkering industry. Fluent in English, Japanese and Korean, Shogo Miura will be responsible for building strong relationships with Bomin’s customers and further broadening the company’s reach amongst ship owners and operators within the region.

Bomin Group Expands Japan Bunkering Team

The Bomin Group, a physical supplier and trader of marine fuel oil, has announced the appointment of Shogo Miura, a new Business Development Manager in Japan. As the operation expands, Bomin is also moving to new offices in Tokyo. Miura brings over 20 years of marketing and sales experience to the company, ten of which have been spent in the bunkering industry. Fluent in English, Japanese and Korean,  Miura will be responsible for building strong relationships with Bomin’s customers and further broadening the company’s reach amongst ship owners and operators within the region.

Photo by EagleSpeak

Piracy Surges in South East Asia

The surge of piracy in South-East Asia waters continues as ships passing the Straits of Malacca and Singapore are falling victim to acts of piracy, says Clyde & Co. Whilst Singapore, Indonesia and Malaysia operate anti-piracy patrols in the area, it has limited resources. The sheltered coast and islands also makes it easier for robbers to operate. As piracy rampages on, Indonesia and Malaysia has taken efforts to jointly increase security. By far, the most significant incident suggests activities going beyond the usual act of armed robbery or theft on board ship.

Pic courtesy: Malaysian Maritime Enforcement Agency

Malaysia Detains 3 Vessels Over Illegal Oil Transfer

Three oil tanker ships were detained by the Malaysian Maritime Enforcement Agency (MMEA) off the waters of Pengerang  for illegal ship-to-ship transfer of marine fuel oil (MFO) near Pengerang. Tanjung Sedili District Maritime Enforcement head, Maritime Capt Amran Daud said all three vessels were detained by a patrol boat at 9.15am about 3.8 nautical miles southeast of Ramunia Bay. Daud said the three ships were each registered in San Lorenzo in Peru, Kuching in Sarawak and Jakarta, Indonesia, respectively.

MT Almi Spirit. Photo by Taurus Tankers

Marines Thwart Biggest Bunker Robbery in Singapore

Malaysian Maritime Enforcement Agency (MMEA) in Johor Baru thwarted the biggest robbery attempt so far this year on marine fuel oil (MFO). MMEA director-general Admiral (Maritime) Ahmad Puzi Ab Kahar said in a Twitter message that the robbers went on board the MT Almi Spirit at 7am and that MMEA boats had intercepted the vessel. “ALMI SPIRIT was boarded by six robbers in the Straits of Singapore at 7am. It (the vessel) has been intercepted by KM Rawa and a speedboat in Tanjung Pelepas, Johor,” he said in the message.

Seafarers Set Adrift After Hijack

Seafarers Set Adrift in Liferafts After Hijack

Fourteen Indonesian seafarers were found adrift in life rafts after their tanker was hijacked by pirates. The pirates left the crew in the life rafts and sailed off in the tanker. The crew were physically unharmed. The seafarers were found on 31st January near Indonesia’s Lembeh Island due south of the Philippines. The Indonesian-flagged chemical tanker “Rehobot” is still missing. The tanker was boarded by pirates near Lembeh Island, North Sulawesi in Indonesia, at 2330hrs local time on 28 January.

hijacked Malaysian coastal tanker

MMEA Recover Hijacked Tanker

A hijacked Malaysian coastal tanker has been recovered by the prompt actions of the Malaysian Maritime Enforcement Agency (MMEA) off the coast of Malaysia. The owners of the Malaysian tanker lost contact with the tanker at 2200 hours on 28 January 2015. The tanker, with ten crew members on board and carrying 700 metric tonnes of marine fuel oil was off Tanjung Ayam at the Southern entrance to the South China Sea. Fearing that the vessel may have been hijacked, MMEA requested the IMB Piracy Reporting Centre to track and provide the position of the vessel.

Maritime Crime Continues at Pace

In October, Dryad Maritime released the global latest piracy statistics. The Q3 maritime crime figures show that piracy is continuing across the globe at similar levels to Q2, with incidents of cargo theft in Southeast Asia continuing to rise. Dryad also reports a 27% drop in crime overall between Q2 to Q3, but at the same time points to the continuing attacks that are happening across the globe as reported in Q2. According to Ian Millen, Dryad Maritime’s Chief Operating Officer…

Paul Hill

Knowledge Gap Contributing to Increased Cat Fine Claims

With individual claims arising from excessive main engine wear caused by cat fines in the fuel oil likely to exceed $1m, and no sign of the problem being remedied at source, operators will have to take on the responsibility for reducing the incidence of these claims, suggested Braemar SA’s Chief Surveyor for Western Europe, Paul Hill, speaking at this week’s International Union of Marine Insurance (IUMI) London Conference. Catalytic fines are microscopic particulates that remain in marine fuel oil as a result of the crude oil refining process…