Business

KPI Bridge Oil announces several company developments

Firms welcomes four new traders to its team while announcing the relocation of staff to New York.

Published

8 years ago

June 1, 2018

Admin

International bunker trading firm KPI Bridge Oil has welcomed four new traders to its team while announcing the relocation of a staff to the New York office.

“Setting the right team, being agile and building close, long lasting relationships with our business partners is an integral part of our People First culture,” states Søren Høll, Group CEO.

“We have a rigorous recruitment process and I’m pleased to now officially welcome four exceptional new team members to our group. Each one brings with them distinct knowledge, skills and experience that will add value to our existing teams.

“Being part of a large group with global geographical reach offers our team members a unique opportunity to relocate according to their aspirations and needs. We encourage and support all team members to experience new regions and cultures and are excited that Cihan has decided to relocate to New York from Istanbul.”

The company developments are as follows:

Denmark- Mikkel Kristensen
Mikkel joins KPI Bridge Oil from the sales team at a well-known Danish wholesale company. Before that he spent over 3 years at an oil and energy company. He has also achieved Certification in Administration from Campus Vejle. Mikkel will primarily be focusing on servicing the Group’s European business partners.
Contact: +45 6037 5426

Istanbul- Eren ?nder
Eren joins KPI Bridge Oil from Petrol Ofisi, where he worked the past 3 ½ years as Territory and Sales Manager. Prior to this he spent 4 years at sea as a marine engineer and 2 years as chief engineer at a power plant. Eren graduated from Istanbul Technical University, Maritime Faculty, Marine Engineering Department in 2009.
Contact: +90 530 955 7521

London- Marc Cook
Marc joins KPI Bridge Oil London from a well-known trading group where he spent over 5 years working as a Bunker Trader. Marc started his career as a shipbroker, working for 3 years in a competitive broking house with primary focus on dry cargo. Marc brings a fresh approach and in-depth knowledge of numerous markets to the team.
Contact: +44 78 0286 5864

New York- Paul Martinez
Paul joins KPI Bridge Oil from Unimarine where he worked as Regional Sales Manager. Before that he worked as 2nd engineer at Pacific Drilling. Paul was awarded a Bachelor of Science in Marine Engineering and Shipyard Management from the United States Merchant Marine Academy in 2009. Paul has an excellent knowledge of marine lubricants and strong technical expertise.
Contact: +1 732 796 2989

New York- Cihan Birdogdu relocation
Cihan joined KPI Bridge Oil’s Istanbul office 5 years ago and has since contributed significantly to the team there. Before joining KPI Bridge Oil, Cihan spent 2 years as an import sales specialist for a global Shipping company. Cihan is fluent in English, Turkish and Russian.
Contact: +1 848 218 7760

Photo credit: KPI Bridge Oil
Published: 1 June, 2018

Business

Singapore: Notice of intended dividend issued for Parakou Shipping Pte Ltd

Creditors of the company will have to submit proof of debt to the liquidators of Parakou Shipping by 17 June, according to Government Gazette notice.

Published

7 hours ago

June 5, 2026

Admin

A notice to declare the intended dividend of Parakou Shipping Pte Ltd to its creditors has been posted on the Government Gazette on Wednesday (3 June).

The following are the details of the notice of intended dividend:

Name of Company : Parakou Shipping Pte Ltd (In Creditors’ Voluntary Liquidation)
Address of Registered Office : c/o KordaMentha, 50 Raffles Place, 25-01 Singapore Land Tower, Singapore 048623
Last Day of Receiving Proofs (if not already lodged): 17 June 2026
Name of Liquidator : Cameron Duncan
Address : c/o KordaMentha Pte Ltd, 50 Raffles Place, #25-01 Singapore Land Tower, Singapore 048623

Photo credit: steve pb from Pixabay
Published: 25 May, 2026

LNG Bunkering

Chinese firms form pact for 20,000 cbm LNG bunkering vessel project

CM Energy Tech, Seacon Shipping Group and China Merchants Heavy Industry (Jiangsu) signed a joint venture agreement for 1+1 20,000 cubic meter LNG bunkering vessels.

Published

7 hours ago

June 5, 2026

Admin

CM Energy Tech Co Ltd, Seacon Shipping Group Holdings Limited and China Merchants Heavy Industry (Jiangsu) Co Ltd on Tuesday (26 May) signed a joint venture agreement for the construction of 1+1 20,000 cubic meter liquefied natural gas (LNG) bunkering vessels.

The parties also signed a shipbuilding contract for the first vessel, which will be constructed by China Merchants Heavy Industry.

The project combines CM Energy Tech’s access to the China Merchants Group ecosystem, Seacon Shipping Group’s expertise in ship management and operations, and China Merchants Heavy Industry’s shipbuilding capabilities. The partners said the initiative is intended to address the shortage of large-capacity LNG bunkering vessels in the Chinese market.

The newbuild LNG bunkering vessel will feature dual C-type independent cargo tanks and is designed with a boil-off rate of just 0.16% per day. It will also be capable of delivering LNG at a bunkering rate of up to 2,000 cbm per hour, enabling efficient refuelling of large LNG-fuelled vessels.

The vessel will be powered by Wärtsilä dual-fuel engines and will comply with IMO Tier III emissions requirements. The first vessel is scheduled for delivery in 2028.

The three companies said they plan to further expand cooperation across the LNG value chain, strengthen their presence in the marine energy sector and provide customers with integrated LNG bunkering services focused on safety, operational efficiency and lower carbon emissions.

Photo credit: David Yu from Pixabay
Published: 5 June, 2026

Methanol

India’s Agastya inks green methanol offtake agreement with SAR Group

Agastya Green Fuels and SAR Group will work together to enable green methanol storage, bunkering, and marine fuel infrastructure across Sri Lanka.

Published

7 hours ago

June 5, 2026

Admin

India’s clean energy conglomerate Agastya Group on Wednesday (3 June) said Agastya Green Fuels signed a long-term green methanol offtake agreement with Sri Lankan bunker supplier SAR Maritime Agencies, a SAR Group company, for the supply of 250,000 metric tonnes (mt) per annum of EU RFNBO RED III Compliant green methanol.

Agastya said the agreement establishes one of the largest green methanol supply partnerships in the Indian Ocean Region and marked a major step toward creating a new green maritime energy corridor connecting India and Sri Lanka.

The green methanol will be supplied from the Agastya Green Fuels Hub at Mulapeta Port, Andhra Pradesh, India, where Agastya is developing a green methanol export-oriented facility with a planned investment of USD 6 billion over the next six years. The facility is expected to produce 1 million mt per annum.

“Through this partnership, Agastya Green Fuels and SAR Group will work together to enable green methanol storage, bunkering, and marine fuel infrastructure across Sri Lanka, positioning Colombo, Hambantota, and Trincomalee as future clean-fuel hubs for global shipping,” the company said in a social media post.

“The Indian Ocean is emerging as the world’s next green fuel corridor. Agastya Green Fuels intends to be at its center,” said Shashi K Reddy Arjula, Founder and Group CEO of Agastya.

Photo credit: CHUTTERSNAP on Unsplash
Published: 25 May, 2026