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
Event welcomed over 1,100 attendees from 42 countries; delegates visited virtual booths about 4,800 times; while around 5,800 connections were made, according to data from organiser Informa.
Bunker suppliers and bunker craft operators may choose to carry out meter verification using either existing MIMO method OR with the use of a Master Meter.
Pai Kheng Pheng of Sentek Marine & Trading Pte Ltd on Thursday (8 October) was ordered remanded for a further week for investigations, AGC spokesperson informs Manifold Times.
INTERTANKO, BIMCO, SSA, IBIA Asia share what the technology brings to the waterfront, while operator Metcore International and manufacturer Endress+Hauser explain its benefits to the bunkering industry.
‘We still see circumstances where a product is ‘off-spec’ and the holder of the fuel is then trying to move it back ‘on-spec’ through the use of appropriate additive technology,’ says spokesman.
Captain Rahul Choudhuri, Managing Director AMEA at VPS, suggests a ban on the obsolete marine fuel quality standards of ISO 8217:2005 and 2012 which no longer apply to the shipping sector.