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
Integr8 Fuel injunction varied by Singapore Court to allow former employees to start work at Hartree Group in December 2022 following failure to produce evidence on biofuels development plans.
Variability of sources can affect the stability and performance of biofuel bunkers produced from these feedstocks, in turn leading to difficulties in meeting regulations and industry standards, shares Bryan Quek.
Top three positive movers in 2022 were Bunker House Petroleum Pte Ltd (+7), Eastpoint International Marketing Pte Ltd (+5), and Eng Hua Company (Pte) Ltd (+6); newcomer Sinopec Fuel Oil (Singapore) gets 19th spot.
Livestock carrier also involved in earlier bunker claim with Glander International Bunkering due to remaining unpaid fuel bill of approximately USD 116,000, according to court documents obtained by Manifold Times.
A blend of standard MGO and biodiesel, MGO B20 is distributed at the company’s floating kiosk CNC 5 which is located off the buoy of West Coast Pier; PS Energy has been stamped with globally recognised ISCC.
Desmond Chong, Managing Director of Kenoil Group, informs on the company’s contribution towards the methanol bunkering value chain in a project to establish Asia’s green e-methanol plant in Singapore.