The firm made an offer on a rival bunker company earlier this year, has been presented with a counter-offer and is now considering it, CEO Keld Demant tells Ship & Bunker.
The company is looking for candidates with five to seven years of bunker credit or relevant shipping experience, as well as proven experience in managing a team.
Burando Energies tells Ship & Bunker it has moved from supplying B30 to delivering B100 straight-run FAME residue stems to Teekay Tankers in the ARA hub.
The EU has unveiled its new sanctions package against Russia, cutting the oil price cap to $47.6/bbl and blacklisting over 100 more vessels, including for the first time an Indian refinery linked to Rosneft.
Paul Jrs. Rios Meza has joined the company as a marine fuel and lubricants trader in Dubai as of last month.Paul Jrs. Rios Meza has joined the company as a marine fuel and lubricants trader in Dubai as of last month
Ship & Bunker's latest forecast shows bunker prices falling through the end of 2026, with VLSFO averaging $547/mt in 2025 and holding below $500/mt next year.
The new global embedded finance program will use 129Knots's origination-to-distribution platform to allow eligible borrowers across the global marine fuel sector to access working capital financing lines.