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
With pandemic-related demand loss heavily concentrated in the transport fuel sector, the market for refined products next year will be smaller than 2015, states report.
Bergen Troll and Northern Skaggerrak have the capability to bunker a variety of fuels, including MGO, 3.5%S fuel oil, and 0.5%S fuel oil.
‘We have reviewed all the material in the case and we are surprised that formal charges have been pressed, particularly against Keld R. Demant,’ it said.
‘We must be clear on how fuel composition, pricing and performance measures are calculated,’ says Peter Keller, Chairman, SEA-LNG in a recent statement.
‘A significant proportion of Peninsula’s existing customer base lift bunkers in Skaw […] and look forward to adding genuine value to our clients,’ said Global Head of Sales.
Creditors will need to submit proofs to liquidators of Harley Marine Asia Pte. Ltd. on or before Wednesday (1 December).
Top three positive movers in 2021 were Hong Lam Fuels Pte Ltd (+14); Sirius Marine Pte Ltd (+12); and TFG Marine (+11); according to the latest data from the Maritime and Port Authority of Singapore.
Webinar will offer delegates insights on the prevention of operational issues when using VLSFOs, along with an update on biofuels and bunker fuel quality trends for 2021 and its forecast for the current year.
Heating VLSFOs to prevent cold flow issues causes issues related to distillate ageing, and there is a gentle balance to be maintained when handling the product.
Research into n-paraffin distribution of VLSFOs has shown that they not only differ from MGO, but significantly differ from each other as well, states bulletin.
Bunker Holding and Dan-Bunkering have decided not to appeal the city court ruling in the case where the companies were on trial for breaching EU sanctions against Syria, states USTC.
Poll shows market participants think Singapore’s future as a bunkering hub in the near term will be impacted most by growth in alternative bunker fuels and intensifying competition from other ports in Asia.
