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Swedish bunker supplier ScanOcean opens new branch office in Gothenburg

Firm appoints Lars Lövsund as its Business Development Manager who will mainly concentrate on delivering solutions for emission allowance sourcing for shipping companies and charterers.




RESIZED ScanOcean logo

Swedish bunker trader and physical supplier ScanOcean  on Tuesday (28 November) said it has opened a new branch office in Gothenburg, located at Klippan 3, and introduced new employees to its team.

The firm appointed Lars Lövsund as its Business Development Manager, who will be based at the new office, with a primary focus on developing the new business area Environmental Services. 

Lars will mainly concentrate on delivering transparent and tailor-made solutions for emission allowance sourcing for shipping companies and charterers.

“Lars Lövsund is an experienced shipping professional with over a decade of experience working at TSA Tanker Shipping and TSA Agency Sweden,” the firm said.

Jonatan Karlström, Managing Director of ScanOcean, said: “The Gothenburg area is at the heart of Swedish shipping, and having a presence there is crucial for the development of our business. We are thrilled to have Lars on board, bringing with him a wealth of knowledge and experience from TSA. With Lars joining the team, we will be even better equipped to navigate our business and create new and enhanced products and services for our customers.”

ScanOcean also welcomed Johan Wennerholm as our Back-office Manager, with a primary focus on streamlining internal processes. Johan comes to us with previous experience from Team Lines and Preem AB.

Lars Lövsund contact details: 

Tel: +46 76 529 68 33 
E-mail: [email protected] 
Skype: lovsund 

Branch office Gothenburg: 

ScanOcean AB 
Klippan 3 
SE- 414 51 Gothenburg

Related: ScanOcean, Neste launch new lower-emission DMA Gasoil for Swedish market

Photo credit: ScanOcean
Published: 1 December, 2023

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Bunker Fuel

Island Oil eyes Korean market with new Seoul office

New office marked the company’s latest expansion within Far East and Southeast Asia markets, following the opening of the company’s Hong Kong office last year.





TANIM MUNSHI on Unsplash

International marine fuel trading firm Island Oil on Monday (20 May) announced it has established an office in Seoul.

This marked the company’s latest expansion within the Far East and Southeast Asia markets, following the opening of the company’s Hong Kong office last year. 

Additionally, Island Oil has several years of established presence in Singapore, along with a representative office in Shanghai. 

Mr. Yongje (Jayden) Choi will be heading the Seoul office as Business Development Manager. 


Mr. Yongje (Jayden) Choi

“We welcome Jayden to the Island Oil family”, said Mr. Michell Kamphorst, Head of International Trading, Asia at Island Oil.  

“His expertise in the Korean market will provide an immediate impact as we inaugurate our Seoul office, marking another significant milestone in our Asia expansion.”

“Stepping into Island Oil, I am impressed by their dedication to maintaining a culture of dignity and respect for all team members, as well as their strong commitment to fairness and transparent communication”, said Choi.

“I am excited to be a part of Island Oil's journey towards greater growth and prosperity”, he concluded.

Note: Enquiries can be sent to Island Oil’s Seoul office via email at [email protected]

Related: Island Oil continues expansion into Chinese markets with new Hong Kong trading office
Related: Island Oil and Island Petroleum receive ISCC EU certification for bio bunker fuels


Photo credit: TANIM MUNSHI on Unsplash / Island Oil
Published: 21 May 2024

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Chimbusco Pan Nation completes B24 biofuel bunkering op for COSCO in Hong Kong

Firm supplied over 4,300 mt of ISCC-EU certified B24 high-sulphur marine biofuel to “COSCO NETHERLANDS”, a container vessel operated by COSCO on 13 May.





Manuel Hernández / MarineTraffic

Hong Kong-based marine fuel oil supplier Chimbusco Pan Nation Petro-chemical Co Ltd (CPN) on Thursday (16 May) said it completed the first B24 high-sulphur bio bunker fuel supply operation for COSCO Shipping Holdings Co., Ltd. (COSCO) in Hong Kong.

On 13 May, the firm supplied over 4,300 metric tonnes (mt) of ISCC-EU certified B24 high-sulphur marine biofuel to COSCO NETHERLANDS, a container vessel operated by COSCO.

B24 marine biofuel is a blend of 24% B100 biodiesel and marine fuel oil, which significantly contributes to reducing carbon emissions and promoting environmental sustainability.

“The B24 biofuel supply operations is an achievement that highlights CPN's dedication to sustainable development,” the firm said.

CPN said it has established a dedicated taskforce since 2021 to conduct research on alternative fuels, including marine biofuel, which aimed at contributing to a more sustainable shipping industry, and completed supplying B24 marine biofuel to more than ten ocean-going vessels. 

“Compared to conventional marine diesel, B100 biodiesel can reduce carbon emissions by at least 84%, showcasing significant potential for carbon reduction in the global shipping industry,” it added. 

Related: Yang Ming receives its first b24 bio bunker fuel delivery from Chimbusco Pan Nation
Related: Chimbusco Pan Nation completes B24 biofuel bunkering operation in Hong Kong
Related: Chimbusco Pan Nation completes first bio bunker fuel supply for boxship in Hong Kong

Disclaimer: The above article published by Manifold Times was sourced from China’s domestic market through a local correspondent. While considerable efforts have been taken to verify its accuracy through a professional translator and processed from sources believed to be reliable, no warranty is made regarding the accuracy, completeness and reliability of any information.


Photo credit: Manuel Hernández / MarineTraffic
Published: 17 May 2024

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Bunker Fuel

Banle Energy enters Mauritius market, marking first foray into African continent

Firm said expansion into Mauritius is a strategic move that will enable Banle to reach a wider audience and drive market penetration effectively, strengthening Group’s position in Asia-Pacific region.





Port Louis

Banle Energy International Limited, a Hong Kong subsidiary of marine fuel logistic company Banle Group, on Wednesday (15 May) announced its expansion into Mauritius, marking the company’s first foray into the African continent.

The firm said the expansion into Mauritius is a strategic move that will enable Banle to reach a wider audience and drive market penetration effectively, further strengthening the Group’s position as a leading marine fuel logistics provider in the Asia-Pacific region.

“The strategic move marks an expansion of Banle Group’s presence in a new continent and underscores its commitment to enhance the company’s regional presence and accelerates its growth trajectory,” it said in a statement. 

The company added that the port of Port Louis, where the bunkering service was arranged, serves as a vital gateway for trade and commerce in Mauritius. 

“It plays a crucial role in handling a substantial portion of the country’s imports and exports, facilitating both domestic and international trade connections with various destinations across the globe, enabling BANL to reach a wider audience and drive market penetration effectively.”

Teck Lim Chia, our Chairman and Chief Executive Officer, said: “We are excited to provide our first bunkering service in Mauritius. This milestone reinforces our dedication to delivering value for our stakeholders, including customers, partners, and shareholders. We are grateful to BYD for their unwavering support and trust in our bunkering services, and we look forward to exploring future opportunities in the African market.”

Manifold Times previously reported Tahra Sergeant, International Bunker Industry Association Board’s (IBIA) Regional Manager of Africa and Global Head Events, stating repercussions of geopolitical and strategic shifts are already evident in the changing bunkering volumes across various African ports. 

For instance, the closure of Algoa Bay resulted in an immediate spike in volumes at Port Louis and Walvis Bay, she said.

“Port Louis, in particular, saw its bunkering volume double, propelled by its competitive market and the presence of high-quality, low-cost VLSFO suppliers. This saturation and competitiveness are beneficial for keeping prices favourable for shipping companies and for Mauritius, enhancing its allure as a bunkering destination,” she added.

In March, TFG Marine, the global marine fuel supply and procurement joint venture between Trafigura Group Pte (Trafigura) and shipping firms Frontline and Golden Ocean, also launched its latest operation location in Port Louis, Mauritius, through a joint-venture with Mauritius bunkering company Groupe Roland Maurel (GRM).

Related: IBIA on navigating new waters: Africa’s role in global bunkering
Related: TFG Marine commences bunker supply operation in Port Louis
Related: Banle Group and Sinobunker meet to discuss trends and advancement in alternative bunker fuels
Related: Banle Energy participates in Tata Steel B24 bio bunker fuel voyage from Australia to India


Photo credit: Capt. Turboboss / MarineTraffic
Published: 16 May 2024

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