New York-listed Aegean Marine Petroleum Network (Aegean) is scheduled to start physical bunker supply operations on the Kiel Canal in Germany from January 2018 through a partnership.
The operation will be managed by Aegean's German subsidiary, OBAST Bunkering & Trading GmbH (Rostock) in partnership with local tank farm operator, UTG – Unabhängige Tanklogistik GmbH.
According to Aegean, the new station is located directly on the Baltic Sea entrance to the Kiel Canal and represents an ideal physical supply station for shipping transiting the canal and working in the wider regional market.
In Kiel, Aegean will deliver a full range of MARPOL-compliant fuel grades including RMG 380, ULSFO-RMD 80, Gasoil DMA and Gasoil DMA (density max. 860,0).
All deliveries will be made ex-pipe from the installation. Aegean will operate tanks with a capacity of 13,000 cubic metres (m3) representing the entirety of UTG's available tankage for marine fuels purposes.
"The Kiel facility represents the Aegean Group's third storage location in Germany alongside the exclusive use of tanks in Nordenham on the River Weser and with Vopak in Hamburg" said Jonathan Mcilroy, President of Aegean.
"The addition of Kiel operations enhances our flexibility throughout the German and Southern Scandinavian Baltic Sea ports. It also emphasises Aegean's commitment and ability to innovate and expand the physical supply network globally."
Published on the Manifold Times:
21 December, 2017
7:50 am Singapore time
U.S. Claims Register Summary recorded a total USD 833 million claim from a total 180 creditors against O.W. Bunker USA, according to the creditor list seen by Singapore bunkering publication Manifold Times.
Glencore purchased fuel through Straits Pinnacle which contracted supply from Unicious Energy. Contaminated HSFO was loaded at Khor Fakkan port and shipped to a FSU in Tanjong Pelepas, Malaysia to be further blended.
Individuals were employees of surveying companies engaged by Shell to inspect the volume of oil loaded onto the vessels which Shell supplied oil to; they allegedly accepted bribes totalling at least USD 213,000.
MPA preliminary investigations revealed that the affected marine fuel was supplied by Glencore Singapore Pte Ltd who later sold part of the same cargo to PetroChina International (Singapore) Pte Ltd.
‘MPA had immediately contacted the relevant bunker suppliers to take necessary steps to ensure that the relevant batch of fuel was no longer supplied. Further investigations are currently on-going,’ it informs.
Juandi bin Pungot spent SGD 3.4 million of his criminal benefits on amongst others, cars, luxury watches, and properties, according to documents seen by Singapore bunkering publication Manifold Times.