Saudi Aramco subsidiary Aramco Trading Co., in late February announced the establishment of its London subsidiary – Aramco Trading Limited (ATL).
ATL will be at the forefront of ATC’s business activities in Europe and extend ATC’s operational reach to cover North and West Africa as well.
ATL is now the third international office for ATC alongside Aramco Trading Fujairah and Aramco Trading Singapore.
“With the establishment of our London entity, we are pleased to now have a firm presence in Europe which will serve as the launching pad for our operations in Africa and the Mediterranean region,” said Ibrahim Q Al-Buainain, President and CEO of ATC.
“Europe is an important market for ATC and the ultimate goal for ATL is to explore and develop new partnerships and opportunities with our clients in Europe, North and West Africa,” he added.
ATL will be led by Mohammed A. Kadi and supported by an experienced team to service to ATC’s existing and potential customers in the region.
The ATL office in London was inaugurated by Saudi Aramco’s Senior Vice President of Downstream, Abdulaziz Al-Gudaimi.
Photo credit: Aramco Trading
Published: 9 March, 2020
The top three positive movers in the 2020 bunker supplier list are Hong Lam Fuels Pte Ltd (+13); Chevron Singapore Pte Ltd (+12); and SK Energy International (+8), according to MPA list.
‘We will operate in the Singapore bunkering market from the Tokyo, with support from local staff at Sumitomo Corporation Singapore,’ source tells Manifold Times.
Changes include abolishing advance declaration of bunkers as dangerous cargo, reducing pilotage fees on vessels receiving bunkers, and a ‘whitelist’ system for bunker tankers.
Claim relates to deliveries of MGO to the vessels Pacific Diligence, Pacific Valkyrie, Pacific Defiance, Crest Alpha 1, and Pacific Warlock between March 2020 to April 2020.
3,490 mt of LSFO from Itochu Enex was lifted at Universal Terminal; the same bunker stem was bought by Global Marine Logistics and delivered by bunker tanker Juma to receiving vessel Kirana Nawa.
Representatives of Veritas Petroleum Services, Maersk, INTERTANKO, ElbOil Singapore, and SDE International provide insight from their respective fields of expertise on what lies ahead.