The South Africa branch of integrated shipping, logistics and marine services provider GAC has expanded operations with the opening of a fifth branch at Port Elizabeth, it says.
The company has served customers with vessels calling at Port Elizabeth through a sub-agent for more than 10 years, and is now expanding its operations in the region in response to growing demand for its range of shipping, logistics and complementary services.
The branch will be able to provide a portfolio of shipping services for oil & gas projects and LPG shipments at Port Elizabeth as well as its neighbouring port Ngqura (Coega).
“Increasing our presence to include Port Elizabeth allows us to offer a complete package of integrated services for all types of business at the port,” says Eric Barnard, Managing Director for GAC Shipping.
“The combined global experience of the GAC Group and our local skills ensures we continue to provide world-class support.”
Services provided at the new branch includes ship agency, husbandry, bunker fuel supplies, offshore support, dry-docking and project logistics, as well as lay-ups and repairs for rigs and vessels calling at Ngura (Coega).
GAC Shipping covers all major South African ports from its head office in Cape Town and branches in Saldanha Bay, Durban, Richards Bay and – now – Port Elizabeth.
Photo credit: Ngrund
Published: 25 April, 2018
OCBC made the application on 24 August, and the hearing date has been scheduled for Tuesday (13 October), 2.30 pm at the Singapore High Court.
Bunkering operations will commence on 1 October where MGO will be supplied to vessels calling at Muara Port with BSM’s own bunker barge MT Star 1.
European banks stepping back from the bunker industry is a cause for concern, and conversations are now about when will more industry consolidation emerge, it said.
Bunkers sold at the port totalled 35.15 million mt from January to September 2019, 6.2% down on year.
Report tracks LNG-fuelled growth in vessel segments and worldwide expansion and development of LNG bunkering infrastructure along key trade lanes.
Production of fuel oil for the export market, especially bunker streams and LSFO, reached an average of 295 kbpd in Q1 2020, an 18.5% increase from 4Q 2019.
The bank is filing an application for pre-action discovery at the High Court of the Republic of Singapore in order to ascertain its future direction of proceedings against Sinfeng, according to court documents.
‘We need to keep in mind the saying “penny wise pound foolish”,’ says Captain Rahul Choudhuri, the Managing Director AMEA at VPS, who stresses on the essential role of the Bunker Surveyor.
Legal representatives met at the High Court on Tuesday to discuss the discharge of KPMG liquidators from all liability in respect of conduct in the course of winding up, show court documents.
Global sentence adjusts to 80 month’s imprisonment term for both Chang and Koh under application of the Masui sentencing framework; fine of SGD 6.2 million against Chang remains unchanged.
Company has been ranked EIGHTH for 2020; ‘we are humbled and proud to be placed amongst the top ten winners of the Enterprise 50 Awards,’ says Satnam Singh, COO, Sing Fuels.
Mads Bjornebye, Manager of Bunker Services at Teekay Tankers Ltd, shares about the company’s perspective of e-BDNs, bunker purchasing & planning tools, while offering his thoughts on future marine fuels.
