The Institute of Bunker Buyers and Consumers (IBBC) Tuesday said it remains “extremely concerned” about the outbreak of contaminated fuel, which originated in the US earlier this year, before spreading further afield to Panama Canal, Singapore and the far East.
“Many members have been affected, and the incidences have caused serious problems and difficult challenges to find solutions, as well as incurred significant cost in many cases,” it states.
“We call upon suppliers to above all remain constructive and work together with buyers, ship owners and operators to find a solution to this serious problem which is affecting a huge number of vessels.”
IBBC is a professional members’ association and business network for marine fuel purchasers to discuss marine fuel industry matters and developments in a social environment. No commercially sensitive information is shared.
The organisation was established in 2015 and is a sub-group of the International Bunker Industry Association (IBIA) since January 2017.
Published: 17 October, 2018
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