New Bunker Supplier Industry Body Launches
by Ship & Bunker News Team
Wednesday April 28, 2021 A new industry body for bunker suppliers has been launched.
Robert Thompson, managing director of
UK-based
Marine Fuels Alliance (MFA) at Petrospot s online The new body will be a coming-together of small- and medium-sized suppliers , Thompson said. If we look after the market, I believe the market will look after us, he said. Most of us don t compete so why not work together? Membership of the organisation will be free for the first year, Thompson said. After that it will depend on the needs and demands of the members, and the funding will be agreed by the members, for the members, he added.
New Bunker Organisation To Support Broad Spectrum Of Physical Suppliers
A new bunker organisation is set to launch which aims to encourage greater collaboration between physical bunker suppliers, including small and medium-sized companies, and assist them in accessing the tools and resources required to improve standards and professionalism in the industry.
Founded by Propeller Fuels’ Managing Director Robert Thompson as a UK-based not-for-profit organisation, the Marine Fuels Alliance (MFA) has a tagline of ‘Making Connections’ and a mission statement of ‘Supports, Promotes and Connects’.
The new organisation will be led by representatives from several physical supply companies and supported by a global executive group made up of stakeholders from the physical supply industry.
BLUE s Adrian Tolson Paints Grim Picture of US Gulf Bunker Market
by Ship & Bunker News Team
Tuesday April 27, 2021 Bunker industry veteran US Gulf market last year in the wake of the COVID-19 pandemic. The Gulf Coast suffered, the depression increased and the margins became tougher and tougher, Tolson, director of consultancy
BLUE Insight, said at
Global Bunkering Summit on Tuesday. The problems for the market started with both local supply and demand being thrown into disarray by the pandemic a year ago, Tolson explained. COVID had two impacts for the Gulf Coast it had a massive disruption to refining in local refineries, and it also caused demand destruction, he said.