Sign up
Log in Sign up
Mon 20 Aug 2012, 09:22 GMT

Bunkers International gets go-ahead in Trinidad and Tobago


Government agrees to issue a marketing license to subsidiary Bunkers Oil Trinidad & Tobago Ltd.

Trinidad and Tobago's Energy Minister, Kevin Ramnarine [pictured], has said that the cabinet has agreed to issue a marketing license to Bunkers Oil Trinidad & Tobago Ltd.

Commenting on the news, Ramnarine said: "This will be a subsidiary of internationally renowned Bunkers International Corporation. This company will bunker vessels working for Oldendorf which is a German company which recently established a transshipment business in T&T. It is estimated that on an annual basis at least 125 ships will be bunkered in our waters arising out of this new business and we are advised that there is potential for up to 350 ships.”

Ramnarine also said that the cabinet had agreed that any fuel being purchased by Bunkers Oil Trinidad and Tobago Ltd. would need to be purchased from state owned Petrotrin.

"Any deviation from that would have to be agreed to by the Minster of Energy. This will result in additional revenue for Petrotrin and increased marketing share in the sale of refined products for bunkering. It also means the creation of jobs. It will lead to the creation of a regional bunkering hub in Trinidad and Tobago as the presence of Oldendorf and Bunkers International will attract additional tonnage through the Gulf of Paria," he added.

Atticus vessel. Global Fuel Supply acquires first bunker tanker  

Company transitions from chartering vessels to ship ownership with asset to be renamed MV Blue Alliance.
ABB Generations 2025 publication on smartphone. ABB publishes 2025 maritime insights on decarbonization and digitalization  

Technology firm compiles annual articles exploring energy efficiency, automation, and alternative fuels for the shipping industry.
ClassNK AiP handover ceremony for bulk carrier design. ClassNK grants approval for multi-fuel ready bulk carrier design by Oshima Shipbuilding  

Vessel design accommodates future conversion to ammonia, methanol, or LNG with carbon capture capability.
The Arctic and black carbon graphic. Four countries propose Arctic fuel measure to cut black carbon from shipping  

Proposal to IMO's PPR 13 meeting aims to establish fuel regulations under MARPOL Annex VI.
T&E chart 1. Spain, Norway and Denmark lead Europe's green shipping fuel production, study finds  

Regulatory uncertainty prevents most e-fuel projects from progressing beyond the planning stage, says analysis.
Charles Simon Edwin, Dan-Bunkering. Dan-Bunkering appoints Charles Simon Edwin as operations and compliance manager in Singapore  

Edwin transitions from sourcing role, bringing experience from physical supply operations and bunker trading.
Hamburg Express vessel. Hapag-Lloyd wins ZEMBA's second tender for e-methanol deployment  

Container line to deploy e-methanol on trans-oceanic route from 2027, abating 120,000 tonnes CO₂e.
Nuclear-powered multi-role icebreaker design render. RINA grants approval for Chinese nuclear-powered Arctic icebreaker design  

CSSC's multi-role vessel combines cargo transport and polar tourism with molten salt reactor propulsion.
Glander International Bunkering logo. Glander International Bunkering seeks two bunker traders for Singapore office  

Firm recruiting traders with 3-5 years of experience to join team in key Asian hub.
Hiring concept with puzzle pieces. Malik Supply seeks bunker trader for Fredericia office  

Danish company advertises role focusing on client portfolio development and energy product trading.




 Recommended