Wed 18 May 2016 07:28

Cockett Marine Oil names new CEO


Cem Saral is to assume his new role on September 1, succeeding Karl Beeson.

Cockett Marine Oil has announced the appointment of Cem Saral to the role of Group Chief Executive Officer (CEO). He is due to assume the role on September 1, 2016, succeeding Karl Beeson, who will step down after 8 years as CEO of the group.

Saral joined Cockett Marine Oil on March 1, 2015, having spent three years working in the fuel oil trading team at Vitol, a 50 percent shareholder of Cockett Marine Oil. He has over 20 years' experience in the marine fuels supply chain and has held a number of positions in Europe, the Middle East, the US and the Far East.

Prior to joining Vitol, Saral was General Manager at Bakri Trading Co (Asia) Pte Ltd in Singapore between July 2010 and April 2012. He was also employed at Chemoil for 7 years, working as Director Sales & Marketing Asia Pacific for Marine Fuels between 2004 and 2007, and Trading Manager between 2007 and 2010.

Steve Brann and Murray Paul Grindrod, representing the group shareholders said: "We thank Karl for his outstanding contribution to the group and the profitable growth achieved during his tenure. Cem's appointment illustrates our commitment to building Cockett into a leading integrated provider of fuel products and services globally. We wish him all the best in the role."

Saral remarked: "I am looking forward to building on Karl's hard work and leading the group through this next exciting phase in its development."
Port of Gothenburg Energy Port. Swedish biomethane bunkered in Gothenburg  

Test delivery performed by St1 and St1 Biokraft, who aim to become large-scale suppliers.
Image from Cockett Marine Oil presentation. Cockett to be closed down after 45 years  

End of an era as shareholders make decision based on 'non-core nature' of Cockett's business.
Petrobras logo. Petrobras confirms prompt availability of VLS B24 at Rio Grande  

Lead time for barge deliveries currently five days.
Opening of the IMO Marine Environment Protection Committee (MEPC), 83rd Session, April 7, 2025. IMO approves pricing mechanism based on GHG intensity thresholds  

Charges to be levied on ships that do not meet yearly GHG fuel intensity reduction targets.
Preemraff Göteborg, Preem's wholly owned refinery in Gothenburg, Sweden. VARO Energy expands renewable portfolio with Preem acquisition  

All-cash transaction expected to complete in the latter half of 2025.
Pictured: Biofuel is supplied to NYK Line's Noshiro Maru. The vessel tested biofuel for Tohoku Electric Power in a landmark first for Japan. NYK trials biofuel in milestone coal carrier test  

Vessel is used to test biofuel for domestic utility company.
Pictured (from left): H-Line Shipping CEO Seo Myungdeuk and HJSC CEO Yoo Sang-cheol at the contract signing ceremony for the construction of an 18,000-cbm LNG bunkering vessel. H-Line Shipping orders LNG bunkering vessel  

Vessel with 18,000-cbm capacity to run on both LNG and MDO.
Stanley George, VPS Group Technical and Science Manager, VPS. How to engineer and manage green shipping fuels | Stanley George, VPS  

Effective management strategies and insights for evolving fuel use.
Sweden flag with water in background. Swedish government bans scrubber wastewater discharges  

Discharges from open-loop scrubbers to be prohibited in Swedish waters from July 2025.
The ME-LGIA test engine at MAN's Research Centre Copenhagen. MAN Energy Solutions achieves 100% load milestone for ammonia engine  

Latest tests validate fuel injection system throughout the entire load curve.

↑  Back to Top


 Related Links