Digital bunker solution and broker Bunker Connect International BV (Bunker Connect) and worldwide bunker supplier and trader Delta Energy Fuel Supply & Trading BV (Delta Energy) on Tuesday (7 December) entered into a new cooperation through a joint venture partnership: Delta Connect DMCC.
The partnership aims to further develop and expand the Bunker Connect digital bunker platform globally to any port by providing customer Delta Energy’s team of bunker professionals.
At a group level, Delta Corp operates and purchases bunkers for anywhere between 50-70 dry bulk vessels allowing its volume bought via digital platform over time as it is integrated internally.
“Our new exciting JV with Bunker Connect is one that reaffirms Delta Energies plans to be an industry leader,” said Chris Todd, Head of Global Trading at Delta Energy.
“By listening to the needs of our counter-parties in a market that is leaning more and more toward digitisation we took the decision collectively to add to our already unique customer offering by teaming up with a special group of individuals whose growth ambitions match that of our own.
“Whilst still offering traditional bunker trading services we are also very excited over the coming months to roll out the new online platform which is named Delta Connect.”
Bunker Connect has become the leading digital bunker broker in Europe, driven by its proprietary procurement platform that offers shipping companies an integrated digital solution for the bunkering requirements.
The joint venture with Delta accelerates Bunker Connect’s global expansion and can benefit clients from Bunker Connect’s transparent procurement model on a worldwide scale.
“We are excited to partner up with Delta. Our customers are demanding wider geographical coverage, and we are delighted that together with Delta we will be able to bring our digital platform worldwide,” adds Mounir Bendouch, Director at Bunker Connect.
“It’s a great opportunity to combine the different skill sets of both companies to offer customers a full suite of services. Our teams have a great organisational culture fit and we look forward to roll out the joint venture in multiple bunkering hubs and regions in the coming months.”
Delta Energy, as a part of Delta Corp, wants to continue to drive forward as a pioneer in the global drive for digitisation of the bunkering and shipping industry. This is underlined by Delta Corp’s recent acquisition of Quantship FZC which is another new platform using cutting edge quant AI algorithms to unlock value in freight markets.
Part of the Delta Connect venture will ensure Delta Energy’s bunkering processes become more automated and more transparent focusing on its core company values.
Delta Energy’s physical bunkering locations and trading offices will remain independent and continue business as usual.
Photo credit: Bunker Connect
Published: 8 December, 2021
Rotterdam’s intention to mandate the usage of MFMs goes down well with licensed bunker supplier VT Group; MFM providers supportive of move but stressed continuous monitoring is needed for optimum performance.
Cost of alternative bunker fuels, bunker operations and technology advancement are some considerations to be examined by the maritime industry, says Neo, director of SDE International Pte Ltd.
Kim Hyung Joon and Han Donghoon were planning to join the Singapore entities of Hartree Group - either Hartree Partners Singapore Pte Ltd or Hartree Marine Fuels - in October, discovered management.
‘When you think of Helmsman on the next occasion, think of us as lawyers with expertise in various fields. Come to us before a problem develops. It’s the process that matters,’ says Tang Chong Jun, Executive Director.
Bernard Chew was a former shareholder of MB Marine and was an authorised signatory of the company’s cheques at the material time, according to court documents obtained by Manifold Times.
Maersk, CMA CGM, BP and Stena Bulk give insights on availability of the three potential bunker fuel types, their plans, transition from fuel oil and LNG to alt fuels, how important sustainable marine fuels are to shipowners and more.