Maritime service provider Kaeline Group, a subsidiary of Cyprus-based Fameline Holding Group, has acquired Netherlands-based bunkering firm Sea Bunkering International (SBI).
The development greatly increases Kaeline Group’s physical presence in the North European markets, says its Managing Director.
“SBI is an internationally recognised supplier of quality products, servicing clients across the globe,” said Adamos Seraphides.
“The skill set that this acquisition brings on board will strengthen our aim to increase Lubricant and Bunker volumes across all our brands and markets.
“The customer-centric approach of Dave Gregory, Iwan van der Leest, and their team, has built a loyal customer base that mirrors our personal approach within Kaeline Group Ltd.
“Finally, ‘SBI’ fits strategically with the objectives of Kaeline Group Ltd. We are excited in concluding the integration and we will continue with the company’s expansion.”
Kaeline Group has offices in Limassol, New Jersey, Singapore, Piraeus, Rotterdam, Hamburg, Dubai, and with the latest acquisition – Groningen.
Published: 24 January, 2018
Buyers can nominate deliveries on platform and plan operations together with suppliers following ‘one single truth’ concept with all players aware of what has been agreed when and by whom, says DNV spokesman.
Rotterdam’s intention to mandate the usage of MFMs goes down well with licensed bunker supplier VT Group; MFM providers supportive of move but stressed continuous monitoring is needed for optimum performance.
Cost of alternative bunker fuels, bunker operations and technology advancement are some considerations to be examined by the maritime industry, says Neo, director of SDE International Pte Ltd.
Kim Hyung Joon and Han Donghoon were planning to join the Singapore entities of Hartree Group - either Hartree Partners Singapore Pte Ltd or Hartree Marine Fuels - in October, discovered management.
‘When you think of Helmsman on the next occasion, think of us as lawyers with expertise in various fields. Come to us before a problem develops. It’s the process that matters,’ says Tang Chong Jun, Executive Director.
Bernard Chew was a former shareholder of MB Marine and was an authorised signatory of the company’s cheques at the material time, according to court documents obtained by Manifold Times.