Thu 9 Feb 2017, 10:52 GMT

IBIA appoints Justin Murphy as new chief executive


Murphy to succeed Peter Hall as chief executive on 13th February.



The International Bunker Industry Association (IBIA) has named Justin Murphy as its new chief executive. He is due to begin his new role on Monday 13th February.

Prior to his appointment, Murphy was CEO at London-based Acuity Shipping Ltd, a company that helps ship owners and investors with strategies to boost the overall performance of their shipping investments.

Between 2013 and 2015, Murphy was CEO of Brightoil Shipping, Singapore, and Executive Director at HKSE-listed Brightoil Petroleum (Holdings) Ltd, an energy conglomerate with bunkering and ship owning divisions.

IBIA's new chief executive has also held director and board-level positions at several firms involved in shipping, including Teekay, AET, and a stint as head of shipping at Macquarie Bank.

Commenting on the appointment, Robin Meech, chairman of IBIA, said: "We selected Justin for his proven track record of developing and implementing strategic plans, driving growth and also his practical hands-on experience leading successful teams across commercial, operational and technical functions in the shipping sector."

Murphy remarked: "I'm joining IBIA at an exciting time in its history and look forward to continuing the great work of recent years by developing and growing IBIA's membership and influence across all segments of the bunker and shipping industry and associated service sectors"

Last November, Captain Peter Hall, the current chief executive of the association, announced his decision to retire. Hall said: "I am delighted we have found someone of Justin's calibre to continue IBIA's expansion and manage the increasing diversity the Association offers. Justin inherits a loyal and capable team and I wish him well in the future."


Methanol bunker fuel delivery. World Fuel Services and West Coast Clean Fuels launch methanol bunkering across US ports  

First over-the-water methanol delivery completed in South Florida with Coast Guard-approved procedures.

Valerie Ahrens. Burando Energies appoints Valerie Ahrens as global head of methanol  

Ahrens brings more than 30 years of energy sector experience to the marine fuels supplier.

New Sea Generation (NSG) logo. New Sea Generation seeks junior bunker trader in Greece  

Greek bunker firm advertises role requiring commitment to demanding work schedule and operational responsibilities.

Person signing a document. IINO Lines secures sustainable shipping finance for methanol dual-fuel VLCC  

Japanese shipowner signs impact financing agreement with Mizuho Bank for alternative-fuel tanker.

Fluxys logo. Fluxys Belgium reports EUR74.9m profit as LNG flows surge and hydrogen infrastructure begins  

Belgian gas infrastructure operator’s 2025 net profit fell 8.8% amid hydrogen and CO₂ investments.

VPS logo. Shale oil components detected in Singapore marine fuel | VPS  

VPS testing identifies 90,000 mt of delivered VLSFO containing Estonian shale oil compounds.

Constantinos Capetanakis, Star Bulk. IBIA chair completes two-year term, citing expansion in regulatory engagement and membership  

Outgoing chair to remain on Global Board and lead Future Fuels and Bunker Buyers’ working groups.

Aerial view of a container vessel. LNG and methanol investments risk becoming 'dead ends' for shipping decarbonisation, UCL study finds  

Research warns transitional marine fuels may lock in fossil infrastructure rather than enabling an ammonia pathway.

Vitalii Protasov, GENA Solutions Oy. Protasov: Renewable fuel supply could meet shipping demand, but offtake agreements remain a barrier  

GENA Solutions CEO highlights project pipeline growth but warns regulatory uncertainty hampers investment decisions.

Frontier Venture vessel. Wah Kwong takes delivery of first LNG-ready LR2 tanker with Bureau Veritas SMART notation  

Frontier Venture is first in newbuild series to achieve Group 3 'augmented ship' capabilities.