Thu 15 Jul 2010 09:59

BP replaces fuel oil, marine fuels staff


Oil major replaces key staff on its fuel oil and marine fuels teams in Singapore.



BP has replaced key staff on its fuel oil and marine fuels teams based in Singapore.

The news follows a wave of resignations in recent weeks, which included former BP global fuel oil head Quek Chin Thean and ex-Asia team leader Edmund Lau. Other members of the trading team and support staff also left the oil major and are understood to be joining Brightoil Petroleum.

BP has appointed Marcus Cooper as new global fuel oil trading head. He was previously employed as the oil major's director of crude trading and was also in charge of BP's global gasoline trading operations in the United States.

The new head of BP's regional fuel oil desk is experienced trader Stephen Ng and the new leader of the Asia marine fuels division is Carlos Torres.

In addition to the three key appointments, BP has also moved two junior staff into the Asia fuel oil desk as traders, according to market sources.

BP is also understood to be looking to fill some of the remaining vacancies, particularly for its marine fuels section, which could include external appointments.

BP has been the leading supplier in Singapore for the past seven years. Bunker sales in Singapore - the world's leading bunker port - reached a new record of 36.5 million tonnes in 2009 and are on course to break through the 40 million tonne barrier this year following sales of 20 million tonnes during the first six months of 2010.

The oil major is estimated to have a market share of approximately 10 percent of marine fuel sales in the city-state. It has also been a key player in the fuel oil cargo trading market for more than a decade.


Brazil flag. Petrobras extends marine fuel advance sales period to 20 days  

Brazilian firm extends booking window for bunker purchases from 15 to 20 days.

Stream Marine Training logo. Stream Marine Training calls for fuel-specific safety standards  

Maritime training provider says generic alternative fuel guidelines are insufficient for crew safety.

Burando Energies appoints new board of directors. Burando Energies appoints new board to drive energy transition growth  

Rotterdam-based energy company forms four-member leadership team, including new CEO Ruben Blok.

Baleària’s fully electric intercontinental ferry. AYK Energy secures contract for world's first fully electric intercontinental ferries  

Battery provider to power Baleària's zero-emission ferries between Spain and Morocco.

Nacho de Miguel – Head of Alternative Fuels & Sustainability. Peninsula executive to speak at Americas LNG Summit panel on bunkering trends  

Nacho de Miguel will discuss global LNG bunkering developments at October conference in Louisiana.

Gasum’s LNG bunkering vessel Coralius. Gasum seeks sales manager for maritime LNG and LBG operations in Hamburg  

Nordic energy company recruits for German office to expand sustainable marine fuel business.

SEA-LNG highlights emissions reductions in LNG-powered shipping. SEA-LNG claims LNG emissions cuts ahead of IMO meeting  

Coalition says methane slip reductions and biomethane growth support decarbonisation pathway.

IPCO Power’s FID Improver. Goltens and IPCO Power partner on fuel system optimisation solutions  

Partnership combines homogenisation technology with global engineering services to help shipowners achieve efficiency gains.

Demonstration vessel REIMEI. Japanese consortium achieves 98% methane slip reduction in LNG vessel trials  

Mitsui O.S.K. Lines, Kanadevia, and Yanmar exceed target in onboard demonstration.

De Wit Bunkering obtains ISCC certification. De Wit Bunkering secures ISCC certification under RED III directive  

Dutch bunker supplier obtains renewable energy certification for traceable, sustainable fuel supply chain operations.





 Recommended