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Singapore: Sing Fuels appoints Sanket Naik as Managing Director

Sanket joined Sing Fuels in 2016 as a Credit Manager and has ‘immersed himself’ in all departments; will drive company to expand into areas like sustainability and biofuels.

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Singapore: Sing Fuels appoints Sanket Naik as Managing Director

Singapore-based provider of marine fuel solutions Sing Fuels on Saturday (7 December) said Sanket Naik, was recently promoted to Managing Director of Sing Fuels. 

The firm said Sanket joined Sing Fuels in 2016 as a Credit Manager. 

“He immersed himself across all departments, ranging from investment to business development, gaining a 360-degree understanding of the business and serving as a key driver of growth and success at Sing Fuels,” Sing Fuels said in a social media post. 

“As Managing Director, Sanket is poised to drive Sing Fuels 3.0, expanding into areas like sustainability and biofuels, ensuring we stay at the forefront of industry innovation.”

 

Photo credit: Sing Fuels
Published: 9 December, 2024

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Bunker Fuel

Viroque Energy completes its first physical bunker supply operation in Colombia

Significant milestone involved the logistics coordination and delivery of 416 mt of VLSFO to an international client in an operation in Cartagena de Indias, Colombia.

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Viroque Energy completes its first physical bunker supply operation in Colombia

Energy firm Viroque Energy, a new supplier for bunker services in South America, on Monday (13 January) said it successfully completed its first physical bunker supply operation in Cartagena de Indias, Colombia. 

The significant milestone involved the logistics coordination and delivery of 416 mt of Very Low Sulphur Fuel Oil (VLSFO) to an international client. 

The company said the operation reinforced its worldwide operational coverage and commitment as maritime industry suppliers in ‘one of Latin America’s most dynamic spots in terms of trading and commerce’.

“As part of our mission to provide high-quality marine fuels, this achievement reflects our dedication to supporting shipowners and maritime clients with efficient, high-quality, and reliable solutions tailored to their needs, now in America,” it said in a social media post. 

Viroque Energy’s portfolio includes VLSFO and Marine Gas Oil (MGO). 

Note: For inquiries or further details, contact [email protected].

 

Photo credit: Viroque Energy
Published: 15 January, 2025

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Alternative Fuels

Höegh Autoliners names LNG-powered RoRo ship “Höegh Sunlight” in China

Firm’s fourth Aurora Class newbuild “Höegh Sunlight” began its LNG-powered maiden voyage to Europe, fully loaded with Chinese cargo after a naming ceremony at Taicang Haitong Auto Terminal.

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Höegh Autoliners names LNG-powered RoRo ship before commencing first voyage

Höegh Autoliners on Tuesday (14 January) said its fourth Aurora Class newbuild, Höegh Sunlight, was named at a ceremony at Taicang Haitong Auto Terminal. 

The 9,100 CEU Höegh Sunlight commenced its LNG-powered maiden voyage to Europe, fully loaded with Chinese cargo, shortly after the fireworks. 

“We now have four of the world’s largest and most environmentally friendly car carriers sailing the seas,” the firm said in a social media post. 

“Today’s celebrations are not only marking the handover of a ship; they once again underline our relentless quest toward a greener future—and a transformed industry.”

Höegh Autoliners names LNG-powered RoRo ship “Höegh Sunlight” in China

The Höegh Sunlight will reduce carbon emissions by 58 percent per transported car compared to the current industry average. 

In 2027, when the first Aurora is powered entirely by clean ammonia, nearly all carbon emissions will be eliminated. 

CEO, Andreas Enger, said: “Taking delivery of four of the world’s largest and most environmentally friendly PCTCs within six months is a decisive step to renew the company and our industry. We are pleased to celebrate this milestone with customers and partners during her first cargo operation in Taicang.” 

COO, Sebjørn Dahl, said: “Never in our nearly 100-year history have we built so many vessels in one newbuild programme, such large vessels, so technically advanced, so green, and so many at the same time and at this speed. We are indeed an agile, bold, and professional team at Höegh Autoliners.”

 

Photo credit: Höegh Autoliners
Published: 15 January, 2025

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Business

Banle Group snags award at 2024 Valuable Capital Community Annual Selection

Firm was awarded the Most Creative Corporate Communication Award, recognising Banle Group’s innovative thinking and practices in corporate communication.

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RESIZED Essow on Pexels

Marine fuel logistics firm Banle Group recently announced that it has been awarded the Most Creative Corporate Communication Award at the 2024 Valuable Capital Community Annual Selection. 

The company said the award recognises Banle Group's innovative thinking and practices in corporate communication, showcasing the unique charm of the Group in brand building and market communication.

The Most Creative Corporate Communication Award is part of the annual selection organised by the Valuable Capital Community to acknowledge companies that demonstrate innovation and impact in corporate communication and brand building. 

The criteria for the selection include the creativity of communication content, the innovation of communication channels, and the impact of communication effectiveness. 

“Banle Group stood out with its excellent performance in digital communication, social media utilisation, brand storytelling, and interactive communication, earning widespread recognition,” the firm said. 

Banle Group prioritises communication with stakeholders by regularly hosting shareholder meetings, results announcement presentations and roadshows, as well as releasing corporate newsletters and updating the company website to ensure timely communication of the company's strategies and latest developments, fostering active engagement among stakeholders. 

Over the past year, Banle Group effectively delivered corporate information through a combination of online platforms and social media channels, enhancing brand exposure and interactivity. 

Mr. Teck Lim Chia, Chairman & CEO of Banle Group, said, "We are honored to receive the 'Most Creative Corporate Communication Award' at the 'Valuable Capital Community Annual Selection.' In terms of corporate governance, Banle Group has always adhered to the principles of transparency and responsibility, strengthening the corporate governance structure to ensure that all decisions and disclosures comply with international standards.”

“The Group understands that high quality corporate governance not only enhances the company's reputation but also builds trust and support among stakeholders. In the future, we will continue to deepen interactions with investors and other stakeholders, continuously enhance the brand's influence and market competitiveness.”

CBL International Limited, the listing vehicle of Banle, also recently announced it was awarded the Best Digital Investor Relations Award at the 8th China Excellence IR Awards.

In addition, Ms. Venus Zhao, Director of Investor Relations and Public Relations, was honoured with the Best Investor Relations Director award. 

Related: CBL International bags two awards at 8th China Excellence IR Awards

 

Photo credit: Essow on Pexels
Published: 15 January, 2025

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