Rotterdam-based global energy and commodities trading and distribution firm Vitol has appointed Ian Taylor has Chairman and Russell Hardy as Group CEO of the Vitol Group.
“Russell has 30 years’ experience in the oil industry. He joined Vitol in 1993 from BP and has held a number of trading and management roles in Singapore and London.,” says Vitol.
“He has been a member of the Executive Committee since 2007 and most recently was CEO EMEA with oversight of the company’s regional trading activity. Russell holds a Meng in Chemical Engineering from Imperial College, London.”
Vitol in January bought over the global oil business of Singapore-listed commodities trading firm Noble Group Limited for $400 million.
The company is expecting the 2020 sulphur cap to introduce issues for the global shipping sector.
Dubai-based Cockett Group, a 50:50 interest between Grindrod Limited and Vitol, has announced 19 new hires at various offices in the Americas, Europe, the Middle East and Asia in February.
Published: 19 March, 2018
Glander International Bunkering (Norway) AS seeking payment of USD 115,963.52 (not including contractual compensation and interests) from the vessel’s demise charterer, according to court documents.
“In TotalEnergies, we already have projects along the e-Fuel value chain, from green electricity and green / blue hydrogen to e-Fuel production that will be integrated along the marine fuels value chain in time to come,” shares Louise Tricoire.
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.