Wed 12 Nov 2014, 08:26 GMT

IBIA offers support in wake of OW Bunker collapse


Association says it will be taking part in dialogue sessions led by the Maritime and Port Authority of Singapore (MPA) and is offering career support to those who have lost their jobs.



The International Bunker Industry Association (IBIA) has announced a series of measures to support companies and individuals impacted by last week’s collapse of OW Bunker.

In Singapore, IBIA says that it will be taking part in dialogue sessions led by the Maritime and Port Authority of Singapore (MPA) "to ensure continuing smooth bunker operations".

IBIA said that it was also ready to offer this service to other companies potentially impacted in European ports and that it is offering professional career support services to those individuals who have lost their jobs.

IBIA Chief Executive Peter Hall said: "This is an unprecedented occurrence and our thoughts are with the very large number of competent hardworking ex-employees now urgently in need of support and industry contact. It is important that dialogue is maintained across the supply chain and we are pleased to be able to support the Singapore bunkering community. We hope that our efforts will ensure an uninterrupted supply of bunkers. We are willing and able to act as local point of support in European ports as we are doing in Singapore."

"We are offering all ex-OW Bunker employees impacted by the situation free IBIA membership. This is a modest gesture, but will provide them with access to an independent forum where their details can be made rapidly available to others in the industry including employers who are picking up the business previously conducted by OW."


Mount Asahi vessel. CSSC delivers LNG dual-fuel bulker to Eastern Pacific nearly four months early  

210,000-tonne Mount Asahi handed over ahead of contract schedule.

Mount Vision vessel. New Times Shipbuilding delivers three LNG dual-fuel tankers in four days  

Chinese yard hands over one VLCC and two Aframax-size crude tankers within a single week.

Mercedes Pinto vessel TTS LNG bunkering. Baleària ferry completes LNG bunkering at regular berth in Las Palmas for first time  

LNG refuelling of Mercedes Pinto set to take place weekly without changing berth.

Baltic Timber vessel. Baltic Shipping Company takes delivery of wind-assisted hybrid coaster  

3,550-dwt vessel is fitted with Econowind VentoFoils and a battery package.

Pakistan flag. Vitol Bunkers launches first commercial bunkering service at Gwadar Port  

Company begins offering HSFO, VLSFO and LSMGO at the Pakistani deepwater port.

Port of Singapore. Trailing 3-month bunker sales fall to lowest since April 2025 in Singapore  

Bunker volume of 13.569m tonnes sold between April and June was worst result in 14 months.

Glander International Bunkering logo. Glander International Bunkering reports $23.4m pre-tax earnings amid volatile shipping markets  

Bunker trading company says new fuels volumes doubled over the past year, driven by client demand.

Aerial view of tanker vessel at sea. ISO-compliant fuels increasingly causing operational problems, Lloyd’s Register warns  

Latest FOBAS report finds fuel quality risk shifting beyond off-specification fuels.

Bioethanol bunkering at the Port of Santos. Bunker One completes Latin America’s first bioethanol bunkering of a deep-sea container vessel  

500,000-litre delivery at Santos marks a first for bioethanol as a marine fuel.

Maritime Technologies Forum (MTF) logo. MTF issues safety management guidelines for methanol-fuelled ships  

New MTF report offers recommendations for developing and strengthening safety management systems for methanol as a fuel.