The International Bunker and Industry Association (IBIA) on Wednesday (9 June) published a statement regarding the formation timeline of the organisation’s regional boards:
As a member-led organisation focused on the development and the improvement of the bunker industry, IBIA’s value is directly correlated to members’ engagement and to the value they bring.
We are privileged to have a very diverse membership base, that includes players regardless of their size, their location, and their specific type of activity within the bunker industry. All our members can contribute to the achievement of IBIA’s goals with their know-how, their particular expertise, and their initiatives.
One of the challenges of Global organisations like IBIA, that play an active role in global industries like shipping, is to be able to identify global trends, while not losing sight of local dynamics, that in the bunker world are incredibly relevant. With this challenge in mind, the IBIA Board of Directors embarked 2 years ago in a strategic review that brought us the creation of a structure based on a Global Board as well as 5 Regional Boards in Asia, Africa, Middle East, Europe, and Americas.
We have 1 active Interim Regional Board (Asia) with Africa, and Americas Interim Regional Boards being finalised by the end of 2021, and we plan to get the remaining two Regional Boards (Europe and Middle East) going in the next 12 – 18 months. These Interim Regional Boards will allow for growth and development within the regions, until such time as democratically elected Regional Boards are put in place.
Regional Boards comprise of 5 members, based in their respective regions, and focused on priorities such as liaising with local authorities, generate content and training relevant for local players, and organise regionally focused events. What is particularly interesting about Regional Boards is that they will follow a normal election process (similar to what happens for the Global Board) and the elected Regional Board Chairman, will automatically have a seat on the Global Board, hence ensuring regional representation when it comes to setting IBIA’s Global strategy.
Our call to action: Get involved and engaged. Take an active role in setting the direction that IBIA will follow and take the opportunity to do so by being part of a Regional Board, in the area where you are based. Our shared desire to have a positive impact on the bunker industry and to dedicate our time and effort to it is what makes IBIA special.
Timothy Cosulich
CEO, Fratelli Cosulich Group of Companies
IBIA Board Member and Vice Chairman
Photo credit: International Bunker and Industry Association
Published: 10 June, 2021
Vessel will be upgraded with battery power notation before commencing charter agreement with Volstad Maritime in first quarter of 2023, says company.
All creditors of the company should file their proof of debt with the liquidators who will be administering all affairs of the firm, says solicitors.
Knowledge from the masterclass organised by M.I.C.E Global in late July can be applied to transactions within the bunker tanker segment, shares Maureen Poh, Director of Helmsman LLC.
Development principally related to impact of global oil prices resulting in a constrained credit environment for the bunkering sector.
If fully adopted at MSC 106 in November, SOLAS amendments to prevent supply of marine fuels with a flashpoint of below 60°C are expected to be enforced from 1 January, 2026.
The 13,000 dwt dual-fuel container ship is being built by Jiangsu New Yangzi Shipbuilding Co and will be classed by French company Bureau Veritas.
Firm hopes to leverage partnership in Greece as a springboard to expand into neighbouring and overseas markets including Europe and China, says Robin Van Elderen, Regional Head Bunkers, Europe, Sing Fuels.
Singapore can help less developed countries in SouthEast Asia through ‘piloting and scaling fuels and technology as well as a leading hub for green finance’, said DNV Group President and CEO Remi Eriksen.
Octamar™ Ultra HF, Octamar™ Complete, and Octamar™ F35C were found to have improved the fuel economy while reducing exhaust gas and other emissions of marine engines in a series of trials, states report.
Disposal of evidence has resulted in Singapore not being able to provide full details to the United Nationals Panel of Experts which sought information regarding the case, says Ministry of Foreign Affairs.
‘We are proud to be amongst the first to show the successful steps taken by Singapore’s bunkering ecosystem to remain forward thinking and relevant,’ Choong Sheen Mao, Director of EMF, tells Manifold Times.
‘With the launch of a common data infrastructure, Kenoil aims to continue achieving an end to end visibility and transparency on the bunker data supply chain,’ states Kenoil Managing Director.
