KPI OceanConnect

PIL announces first digital marine fuels deal completed outside Singapore

Global marine energy solutions provider and trader KPI OceanConnect, Singapore-based container line Pacific International Lines (PIL) and physical marine fuel supplier Bunker One have successfully completed their first live electronic marine fuel inventory statement for an overseas delivery through the Singapore Trade Data Exchange (SGTraDex).

PIL’s Singapore-flagged container vessel Kota Rakan was bunkered with Very Low Sulphur Fuel Oil (VLSFO) by Bunker One at the port of Lome in Togo, Africa,...

https://container-news.com/pil-announces-first-digital-marine-fuels-deal-completed-outside-singapore/

KPI OceanConnect launches ‘Women in Shipping’ initiative to drive awareness of inclusivity and sustainability

KPI OceanConnect launches ‘Women in Shipping’ initiative to drive awareness of inclusivity and sustainability

  • Research by KPI OceanConnect shows how a diverse workforce that is engaged and satisfied will be vital to addressing shipping’s decarbonisation journey.
  • An inclusive and supportive organisation drives innovation and dynamic thinking, which in turn stimulates working environments and empowers change.  
  • New initiative marks the first step of KPI OceanConnect’s journey to attract more...

https://allaboutshipping.co.uk/2022/03/07/kpi-oceanconnect-launches-women-in-shipping-initiative-to-drive-awareness-of-inclusivity-and-sustainability/

KPI OceanConnect launches future fuels division

KPI OceanConnect launches future fuels division

Alternative Fuels and Special Projects division will be led by veteran expert Bill Wakeling
  • Alternative Fuels and Special Projects division will be led by veteran expert Bill Wakeling.
  • Significantly expands KPI OceanConnect’s future fuels capabilities.
  • Will strengthen and enhance the sustainability of KPI OceanConnect’s supply chain.
LONDON, UK – July 26, 2021: KPI OceanConnect today announced the launch of its Alternative Fuels and Special...

https://allaboutshipping.co.uk/2021/07/26/kpi-oceanconnect-launches-future-fuels-division/

KPI OceanConnect’s commendable 2020-21 performance reinforces its position as a preferred and reliable bunkering partner for global shipping

KPI OceanConnect’s commendable 2020-21 performance reinforces its position as a preferred and reliable bunkering partner for global shipping

  • KPI OceanConnect reports increase in market share
  • The successful merger and integration of KPI Bridge Oil and OceanConnect enabled robust first consolidated results for KPI OceanConnect
  • KPI OceanConnect strengthened its partnerships and service offering during the transition to IMO 2020 and challenges of the pandemic
  • KPI OceanConnect expects its financial...

https://allaboutshipping.co.uk/2021/06/21/kpi-oceanconnects-commendable-2020-21-performance-reinforces-its-position-as-a-preferred-and-reliable-bunkering-partner-for-global-shipping/

KPI OceanConnect Gains 3-5% in Global Bunker Demand

KPI OceanConnect sees global bunker demand gain 3-5% this year, says an article on Ship and Bunker.

Gain in demand

KPI OceanConnect Sees Global Bunker Demand Gain 3-5% This Year. The firm expects to see demand 3-5% higher overall this year than in 2020, CEO Søren Høll told.

The market is likely to see much more pronounced year-on-year gains later in 2021 as shipping activity returns to levels much higher than those seen in the nadir of the pandemic last year.

Did you subscribe to our daily...

https://mfame.guru/kpi-oceanconnect-gains-3-5-in-global-bunker-demand/

KPI Oceanconnect Exhibits “Clear Hunger” for More Acquisitions

  • China’s bunker fuel market becoming more competitive
  • Liquidity pressure to spur industry consolidation globally
  • IMO 2020 transition paves way to expedite shipping’s decarbonization goals

Marine fuel sales worldwide in 2021 will likely grow by 3%-5% compared to 2019 as demand returns despite the challenges posed by the global coronavirus pandemic, with KPI OceanConnect poised to seek expansion opportunities worldwide, according to Soren Holl, CEO of KPI OceanConnect, reports Platts.

Competitive...

https://mfame.guru/kpi-oceanconnect-exhibits-clear-hunger-for-more-acquisitions/

Higher Oil Prices Leading To Bunker Quality Problems

Brokerage NSI has responded to KPI OceanConnect’s warning of higher oil prices leading to bunker quality problems this year, saying low margins are more likely to be the culprit, reports Ship & Bunker.

KPI OceanConnect CEO Comments

On Tuesday KPI OceanConnect CEO Soren Holl said some of the VLSFO quality problems anticipated before IMO 2020 might come to pass this year with oil prices recovering from their crash last March.

“There have been fewer quality issues than many analysts predicted, but...

https://mfame.guru/higher-oil-prices-leading-to-bunker-quality-problems/

KPI OceanConnect Warns of Bunker Quality Issues Amid Price Surge

  • Some of the bunker quality problems anticipated before the IMO 2020 transition may now come to pass as oil prices surge this year.
  • The collapse in demand for jet fuel and for road fuels caused by COVID-19 meant that some of these could have made their way into the marine fuel blending pool.

Bunker fuel quality problems may become more common this year as demand recovers for other transport fuels, writes George Collard for Argus Media quoting the trading firm KPI OceanConnect.

Dominant bunker...

https://mfame.guru/kpi-oceanconnect-warns-of-bunker-quality-issues-amid-price-surge/

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