World News
IBIA Reveals New Acting Board Members
The International Bunker Industry Association (IBIA) has announced its new acting board members, which takes effect April 1, 2017.
As planned and previously reported by Ship & Bunker, Captain Peter Hall has stepped down as IBIA CEO and following a handover period, is now officially replaced by Justin Murphy.
Other changes include the departure of John Stirling of World Fuel Services, and Steve Simms of Simms Showers LLP, although both will continue their involvement with IBIA's technical and legal working groups respectively.
Joining the board are Torm's Martin Laue Brodersen and Dilip Mody of India-based bunkering firm Global Fuels & Lubricants.
Starting 1 April, 2017, the acting board of IBIA will be:
Chairman: Robin Meech, Marine Energy and Consulting Ltd
Vice-Chairman: Michael Green, Intertek ShipCare
Hon Treasurer: Eugenia Benavides, Organizacion Terpel S.A.
Martin Laue Brodersen, Torm
Lim Teck Cheng, Hong Lam Marine PTE Ltd
Nigel Draffin, Consultant
Patrick Holloway, Webber Wentzel Attorneys
Dilip Mody, Global Fuels & Lubricants
Mustafa Muhtaroglu, Energy Petrol
Bob Sanguinetti, Port of Gibraltar
Henrik Zederkof, Dan-Bunkering
Key Bunker Prices More
| VLSFO | MGO | |||
|---|---|---|---|---|
| $/mt | +/- | $/mt | +/- | |
| Singapore | 649.50 | 2.00 | 778.50 | 8.50 |
| Rotterdam | 602.00 | 0.50 | 748.00 | 6.00 |
| Houston | 624.00 | 5.00 | 792.00 | 3.50 |
| Fujairah | 649.50 | 2.00 | 898.00 | 3.00 |
| Global 20 Ports Average | 662.00 | 2.00 | 855.00 | 1.50 |
| Global 4 Ports Average | 631.00 | 1.00 | 804.00 | 0.50 |
| Global Average Bunker Price | 717.50 | 0.50 | 913.50 | 1.00 |
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