Connect with us

Business

GAC eyes on opportunities to expand Brazil’s bunker market

Majority of vessels run on HFO and with Brazil having close access to plentiful supplies of traditional bunker fuels, GAC is strongly positioned to offer reliable and cost-effective bunker supplies, says firm.

Admin

Published

on

LATEST. USE THIS

Global provider of shipping, logistics and marine services GAC Group on Sunday (11 June) said it will be supporting Brazil’s tanker market including bunker fuels. 

It said the growth in the global fleet, particularly in the tanker trade, has a knock-on effect on the bunker fuel market.

“The majority of today’s vessels run on heavy fuel oil (HFO), a byproduct of petroleum, and with Brazil having close access to plentiful supplies of traditional bunker fuels, GAC is strongly positioned to offer reliable and cost-effective bunker supplies,” the firm said. 

Rodrigo Kill, GAC Brazil’s Shipping Manager, said: “The provision of alternative bunker suppliers is essential to ensure that our customers have continual access to supplies, given the ever-changing port rotations, is crucial for the seamless operation of their vessels - especially those engaged in the oil & gas industry.”

“We are therefore pleased that we can provide our customers in Brazil with an alternative and enabling us to coordinate hassle-free bunker calls.”

GAC also said although the world is on the road to decarbonisation, petroleum is still needed to fill the gaps as renewable technology becomes more commercialised and efficient. 

“The oil and gas trade remains strong and it is vital to keep supply flowing,” it said. 

The company said demand for oil continues unabated as global energy consumption increases. And with that demand comes a growing need for tankers to transport it.

In 2021, Brazil exported USD 30.7B in crude petroleum, making it the world’s 10th largest exporter. That same year, crude was the country’s 3rd most exported product.

The main destinations were China (USD 14.2B), United States (USD 3.1B), India (USD 2.23B), Chile (USD 1.98B), and Portugal (USD 1.66B).

“Tanker ships need to be handled with special expertise under local laws and the attention of port state control inspectors. GAC Brazil supports the petroleum trade with its leading shipping services at ports throughout the country and in-depth critical understanding of the region’s oil and gas sector,” it added. 

 

Photo credit: Shaah Shahidh on Unsplash
Published: 19 June, 2023

Continue Reading

Milestone

Singapore retains titles as Best Global Seaport and Best Seaport in Asia

Port of Singapore has been named the “Best Global Seaport” for the third consecutive year and the “Best Seaport in Asia” for the 35th time at the 2023 AFLAS Awards.

Admin

Published

on

By

Singapore retains titles as Best Global Seaport and Best Seaport in Asia

The Maritime and Port Authority of Singapore on Friday (29 September) said the Port of Singapore has been named the “Best Global Seaport” for the third consecutive year and the “Best Seaport in Asia” for the 35th time at the 2023 Asian Freight, Logistics and Supply Chain (AFLAS) Awards.

These accolades recognise the contributions by the Port of Singapore serving as a key node in the global supply chain, and Singapore’s leadership in driving maritime decarbonisation and transformation.

The annual AFLAS Awards is organised by freight and logistics publication, Asia Cargo News, to honour leading service providers in the supply chain community for demonstrating leadership as well as consistency in service quality, innovation, customer relationship management and reliability. Winners were determined by votes cast by readers of the publication.

singapore best seaport 2

Mr Chee Hong Tat, Acting Minister for Transport and Senior Minister of State for Finance, said: “Singapore is honoured to be named the Best Global Seaport and Best Seaport in Asia. These awards are the result of the shared effort and strong collaboration between the Government, industry, unions and workers. We will continue to grow our port as an efficient, sustainable, and trusted node in global supply chains.”

Mr Teo Eng Dih, Chief Executive of MPA, said: “These awards are testament to the partnership and collaboration between Maritime and Port Authority of Singapore (MPA) with industry and international partners, the research and enterprise community, as well as unions. MPA remains committed to fostering an environment that encourages enterprise, innovation, and talent development.”

“We will continue to work with our partners to enhance Singapore’s connectivity, advance digitalisation efforts, and accelerate the decarbonisation of international shipping in line with the 2023 IMO strategy on reduction of GHG emissions from ships.”

Photo credit: Maritime and Port Authority of Singapore 
Published: 29 September, 2023

Continue Reading

Employment

Melvin Lum appointed as KPI OceanConnect Global Accounts Commercial Director in Singapore 

Lum will take on the position of Commercial Director from Thomas Lee who was recently promoted to Head of APAC in a management restructure within KPI OceanConnect.

Admin

Published

on

By

Melvin Lum appointed as KPI OceanConnect Global Account Commercial Director in Singapore

Global marine energy solutions provider KPI OceanConnect on Thursday (28 September) announced the appointment of Melvin Lum as Commercial Director for its Global Accounts team in Singapore.

Lum will take on the position of Commercial Director from Thomas Lee who was recently promoted to Head of APAC in a management restructure within KPI OceanConnect. 

The Global Accounts team is an expert unit within KPI OceanConnect, specialised in providing long-term, tailored fuel strategy solutions to a portfolio of Key Accounts on a global scale. Dedicated regional teams located in London, Houston and Singapore work seamlessly across the world and around the clock to support their clients.

Lum joined KPI OceanConnect in 2021 as Senior Key Account manager and has made a significant contribution to the development of the team and optimisation of the daily operations of the unit in Singapore. Lum has vast experience across the supply chain and previously worked with TotalEnergies, Glencore and Global Energy Group prior to joining KPI OceanConnect.

Henrik Zederkof, Head of Global Accounts at KPI OceanConnect, said: "It is always a pleasure to witness the growth of our team members, and Melvin's progression is no exception. I have full confidence in Melvin's expertise, ability to lead the unit and dedication to his team. I look forward to seeing the progress of Melvin and his team, which will undoubtedly bring significant value to our numerous partners and the wider organisation.”

"Melvin will assume a pivotal role within the Global Accounts management team, leveraging his extensive experience in supply chain management and profound insight into emerging technologies. In his new role, Melvin will further enhance our team's skill set, aligning them with our ongoing objectives of supporting our partners in their green transition and digitalisation endeavours."

Melvin Lum, Commercial Director of KPI OceanConnect Global Accounts in Singapore, said: "I am very appreciative of the support and confidence from our management team as I take on this exciting new role. I am enthusiastic to work with the team as we continue to deliver an exceptional experience to our partners and stakeholders with dedication, innovation and passion."

Photo credit: KPI OceanConnect 
Published: 29 September, 2023

Continue Reading

Biofuel

TotalEnergies Marine Fuels renews ISCC EU certification for bio bunker fuel  

Firm’s operations teams in Singapore and Geneva successfully renewed its ISCC EU sustainability certification for the supply of biofuel bunkers, says Louise Tricoire, Vice President.

Admin

Published

on

By

TotalEnergies Marine Fuels renews ISCC EU certification for bio bunker fuel

Louise Tricoire, Vice President of TotalEnergies Marine Fuels recently said the firm’s operations teams in Singapore and Geneva successfully renewed its International Sustainability and Carbon Certification (ISCC) EU sustainability certification for the supply of biofuel bunkers.

“This means that TotalEnergies Marine Fuels can continue sourcing and supplying marine biofuels in accordance with EU renewable energy regulations ensuring the highest sustainability standards,” she said in a social media. 

“It's the third year in a row that we have successfully renewed this certification, after a deep and comprehensive audit which showed zero non-conformity.”

She added marine biofuels have grown in demand among shipping companies that want to cut greenhouse gas emissions immediately. 

“TotalEnergies Marine Fuels offers marine biofuels commercially in Singapore and we are starting in Europe. This certification enables us to accompany our customers in their decarbonisation journey with the best standard solutions available today.”

Photo credit: TotalEnergies Marine Fuels
Published: 29 September, 2023

Continue Reading
Advertisement

OUR INDUSTRY PARTNERS



Trending