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IBIA announces new board of directors

IBIA announced the appointment of Constantinos Capetanakis as Chairman, Adrian Tolson as Vice Chairman and Nigel Draffin as Honorary Treasurer.

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IBIA announces new board of directors

The International Bunker Industry Association (IBIA) on Wednesday (3 April) announced the newly elected leadership team to drive the Association’s strategic initiatives and represent the interests of its members globally.

Effective 1 April, the following individuals will serve as members of the IBIA Board of Directors.

“Please join IBIA in welcoming Constantinos Capetanakis, Adrian Tolson and Nigel Draffin to their officers’ roles,” IBIA said in a statement. 

Chair: Constantinos Capetanakis, Star Bulk

In 2014 Constantinos joined Star Bulk, serving as General Manager of a number of private vessels and subsequently as Executive Vice President – Control Director of the group’s procurement arm, Ship Procurement Services SA. Since 2019 Constantinos is serving as Star Bulk’s Bunker Director, responsible for bunkering procurement / strategy and Star Bulk’s cooperation with bunker industry stakeholders.

Vice Chair: Adrian Tolson, 2050 Marine Energy LLC

Adrian Tolson is the owner of 2050 Marine Energy and is widely recognised as one of the shipping industry’s leading marine energy experts. With more than 35 years of experience, he has both detailed knowledge and unique insight into the bunker supply chain and its many related infrastructure developments.

Hon Treasurer: Nigel Draffin, Consultant

Nigel Draffin, with a career starting at sea as an engineer for Shell in 1966 and transitioning ashore in 1979, has contributed extensively to the maritime and bunker industry. He’s a technical consultant with over 25 years of experience, a founder and former chairman (2012) and Treasurer (2022) of IBIA and was re-elected to the Board in 2023. Draffin has authored 13 books on Bunkering and Shipping and is an esteemed speaker at industry conferences.

Newly elected Board Members:

  • Ufuk Erinc, CEO, Unerco Petrol Urunleri Denizcilik ve Ticaret A.S
  • Deanna MacDonald, CEO, BunkerTrace Ltd (UK)
  • Maria Skipper Schwenn, Director of Regulatory and Public Affairs, Bunker Holding Group

Continuing Board Members:

  • Eugenia Benavides Buitrago, Marine Fuels Director, Terpel S.A.
  • Claudia Beumer, Owner, C4 fuel BV
  • Rahul Choudhuri, President of Strategic Partnerships, Veritas Petroleum Services (Asia) Pte Ltd
  • Timothy Cosulich, CEO, Fratelli Cosulich
  • Jeroen de Vos, Head of Quality, Peninsula
  • Colin Holloway, Global Head Technical, Cockett Marine Oil
  • Paul Maclons, Chair, AMSOL Board of Directors, African Marine Solutions Group (Pty) Ltd
  • Valeria Sessa, CEO, ReSeaWorld s.r.l
  • Anna Stefanou, Finance and Credit Manager, PMG Holding

Constantinos Capetanakis, said: “I am greatly honoured to be IBIA’s Chair and excited for the times ahead, being determined to lead the Association to further global growth and visibility throughout the entire shipping community”.

“This group of individuals bring a wealth of knowledge, experience, and dedication to their roles, and IBIA is confident that under their leadership, the Association will continue to flourish and advance the interests of the bunker industry worldwide,” the association added. 

Capetanakis recently updated Manifold Times in an exclusive interview on the changes he will be implementing for IBIA during his tenure as its new Chairman including IBIA’s plans to intensify cooperation with all partners in Singapore, China, Europe, the United States, Middle East, and more.

Related: Interview: IBIA to intensify all marine energy related stakeholder activities, says new Chairman

 

Photo credit: International Bunker Industry Association
Published: 4 April 2024

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Biofuel

Pinnacle Marine and Abo Shoten ink MoU for B100 trial in Singapore

Pinnacle will carry out a 1,000-hour B100 biodiesel trial on an aluminium harbour craft in Singapore; Abo Shoten will contribute funding to support construction and operational expenses of the trial vessel.

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Pinnacle Marine and Abo Shoten ink MoU for B100 trial in Singapore

Singapore-based shipbuilding firm Pinnacle Marine on Wednesday (13 November) said it signed a Memorandum of Understanding (MOU) with Abo Shoten, Ltd. to launch a collaborative research project centred on a full biodiesel (B100) trial.

Pinnacle will carry out a 1,000-hour B100 biodiesel trial on a 16-metre aluminium harbour craft within Singapore’s port waters. Other partners are NTU’s Maritime Energy & Sustainable Development Centre of Excellence (MESD), Weichai Singapore Pte Ltd, and China Classification Society.

“As part of the agreement, Abo Shoten will contribute funding to support the construction and operational expenses of the trial vessel,” Pinnacle said in a social media post. 

“This MOU aligns with Abo Shoten’s Sustainable Development Goals, which emphasise sustainable practices, maritime decarbonisation, and environmental stewardship - principles that closely align with Pinnacle’s commitment to sustainability.”

The MOU was formally signed by the CEOs, Mr. Ren Wada of Abo Shoten and Mr. Fabian Lim of Pinnacle Marine.

“We look forward to continued collaboration with our partner in advancing maritime decarbonisation, including the construction, delivery, and successful operation of this research harbour craft powered by B100 biodiesel in our port waters,” the firm added.

Manifold Times previously reported Pinnacle signing a Research Collaboration Agreement with NTU Maritime Energy & Sustainable Development Centre of Excellence (MESD), Weichai Singapore Pte Ltd, and the China Classification Society.

Related: Biodiesel sea trial to be conducted on harbour craft in Singapore

 

Photo credit: Pinnacle Marine
Published: 14 November, 2024

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Winding up

Singapore: Liquidators set creditors meeting for An Shun Shipping, Dai Hai Shipping

Meetings will be held via videoconference at 11am and 2pm (Singapore time) respectively on 27 November, according to Government Gazette notices.

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Meetings for creditors of An Shun Shipping Pte Ltd and Da Hai Shipping Pte Ltd, which is in liquidation, has been scheduled to take place on 27 November, according to several Government Gazette notices on Wednesday (13 November). 

The meetings will be held via videoconference at 11am and 2pm (Singapore time) respectively. 

The agenda of the meetings will be as follows:

  • To approve the Liquidator’s remuneration plus disbursements with applicable GST incurred in the period of the Company’s liquidation from 21 January 2022 to 30 September 2023; and
  • Any other business.

The details of the liquidators are as follows:

Yit Chee Wah
Liquidator
c/o One Raffles Quay
#27-10 South Tower
Singapore 048583

Note:

  1. Proxies to be used at the meeting must be lodged with FTI Consulting (Singapore) Pte Ltd, via email to [email protected] by 12:00 p.m. (Singapore time) on 26 November 2024. Secured creditors (unless they surrender their security) must give particulars, the date the security was received and its value if they wish to vote at the Meeting.
  2. The Meeting shall be held by videoconference only. Details of the videoconference will be provided to only those creditors, via email, who have registered their interest in attending the Meeting via videoconference.

 

Photo credit: Benjamin Child
Published: 14 November, 2024

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Ammonia

KR and partners to develop safety guidelines for ship-to-ship ammonia bunkering

KR, HD KSOE, HD HHI, KSS Line, and Liberian Registry will work together to develop standardised safety procedures that will set international benchmarks for ship-to-ship ammonia bunkering.

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KR and partners to develop safety guidelines for ship-to-ship ammonia bunkering

Classification society Korean Register (KR) on Wednesday (13 November) said it has formed a landmark partnership to develop the safety guidelines for ship-to-ship ammonia bunkering through a Memorandum of Understanding (MoU) with HD Korea Shipbuilding & Offshore Engineering (HD KSOE), HD Hyundai Heavy Industries (HD HHI), KSS Line, and the Liberian Registry.

As the demand for ammonia-fuelled vessels rises, the partnership aims to establish robust safety standards for STS ammonia bunkering, an efficient method for supplying fuel to ammonia-fuelled vessels. 

“The safe bunkering of alternative fuels, like ammonia, requires rigorous risk assessment and the establishment of controlled zones,” KR said in a statement. 

“While standards for LNG and methanol bunkering have already been defined through various international industry standards, ammonia currently lacks relevant guidelines, highlighting the urgent need for the partnership’s research.”

To address this industry need, the five organisations involved will work together to develop standardised safety procedures that will set international benchmarks for ship-to-ship ammonia bunkering.

As part of the initiative, HD KSOE will perform risk assessments aligned with international industry standards, while HD HHI and KSS Line will utilise their expertise and experience in alternative-fuel vessels and ammonia carriers to evaluate controlled zones and safety procedures for ammonia STS bunkering. 

KR will verify the compliance of these safety procedures and issue an Approval in Principle (AIP) certificate. The Liberian Registry, overseeing the world’s largest registered fleet, will further review the validity of these safety procedures.

KIM Yeontae, Executive Vice President of KR’s technical division, said: “With the expected rise in ammonia bunkering demand driven by the construction of more ammonia-fueled vessels, this collaborative effort to establish safety standards is highly significant.”

“Through this partnership, KR is committed to advancing ammonia fuel technology and supporting the industry’s decarbonisation efforts.”

KIM Jungsik, Managing Director of the Korea Office at the Liberian Registry, said, “Just as we observed with the initial adoption of LNG STS bunkering, it is critical to establish regulations and procedures for ammonia as well.”

“Our Innovation and Energy Transition team will thoroughly review the safety protocols and support the development of international standards.”

 

Photo credit: Korean Register
Published: 14 November, 2024

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