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IBIA board elections for 2022 now open; 10 candidates competing for four vacancies

Members of IBIA are encouraged to vote for the candidates who in their opinion will make a meaningful contribution to the running of the Association.

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IBIA

Voting for the IBIA Board Elections 2022 is now open until 16 February, said the International Bunkering Industry Association (IBIA) on Tuesday (11 January).

This year, a total of 10 candidates are standing for election with four vacancies to fill.

Members of IBIA are encouraged to vote for the candidates who in their opinion will make a meaningful contribution to the running of the Association.

All paid up members of IBIA should have received a link that will enable them to vote.

The candidates in this year’s IBIA Board Elections are:

  • Anna Stefanou, Finance Manager , PMG HOLDING (based in United Kingdom)
  • Eugenia Benavides, Marine Fuels Director, Organizacion Terpel S.A (based in Colombia)
  • Jaime Ochoa, Owner and Manager, CI International Fuels SAS (based in Colombia)
  • John Phillips, Director and Co-Founder, Awyr Las Ltd (based in United Kingdom)
  • Kenneth Dam, Head of Bunkering, Trafigura – Director, TFG Marine (based in Switzerland)
  • Rajiv Servansingh, General Manager, State Trading Corporation (based in Mauritius)
  • Timothy Cosulich, CEO, Fratelli Cosulich Bunkers Pte Ltd (based in Singapore)
  • Tyler Baron, CEO, Minerva Bunkering (based in Switzerland)
  • Valeria Sessa, Managing Director, Reseaworld S.R.L. (based in Italy)
  • Wajdi Abdmessih, President, Seahawk Services (based in New Jersey, USA)

The electoral statements of the candidates are as follows:

Anna Stefanou

Career Details

Anna is currently Finance Manager of PMG HOLDING. Anna also holds position as Credit Manager and is part of Business Development team at PMG.

PMG HOLDING is a physical supplier of bunkers in Black Sea ports since 2002. PMG supplies all grades by barge in the Russian Black Sea and Kavkaz OPL. PMG is the incumbent supplier in all ports of Ukraine delivering by own fleet of bunkering tankers and trucks.

Anna started her career at Goldman Sachs and spent a decade in investment banking raising to the ranks of Vice President covering the CEE region before she joined PMG 6 years ago.

Anna was part of WISTA Ukraine, WISTA Cyprus and is currently part of WISTA UK.

Anna holds the following degrees:

BSc Economics from Warwick University

MSc Economics & Finance from Sorbonne University

MSc Finance from Imperial College London

Electoral Statement

As a woman manager and member of WISTA, my aim is to make the female voice heard in bunkering industry. I believe that my background in investment banking and experience in Goldman and Morgan Stanley prior to joining the Shipping Industry will bring yet another angle to the diverse IBIA board.

Eugenia Benavides

Career Details

Born in Barranquilla, Colombia, attended Marymount College of Virginia, USA and  Universidad del Norte, Colombia  earning  a bachelor’s degree in Business Administration and has a post-graduate degree in International Business Management (Univ Javeriana),Maritime Transportation and Port Legislation(Pronaval),  Maritime and Port affairs(CEPAL Chile) and  Administrative Skills(Univ Sergio Arboleda)

Since 1984, Eugenia has worked with major oil company Terpel, handling various positions, such as sales assistant, marketing director, operations, sales, commercial manager, and company’s legal representative  Currently she is the Director of Marine Fuels  and  has been an active member of various professional and community organizations such as ABSA, ACSA,  Marymount School Parents Association, GranAbastos, SACSA, Promitel, Transoccidente and today in  Actuar Famiempresas, Marymount Alumni Association, WISTA Colombia and IBIA and  participates  in SPE Colombia committee.

She has been a speaker-panelist  at the Bunker News Conference, Maritime week Americas  events  worldwide and has conducted various Basic Bunkering Courses in English and Spanish.

Electoral Statement

I am confident that my qualifications and enthusiasm make me an ideal candidate to the board. I am eager to actively participate in the decision-making process relevant to the global bunker community. I have the drive, energy, professional relationships, commitment and years of experience that will help promote IBIA worldwide.

Jamie Ochoa

Career Details

Owner and Manager of CI INTERNATIONAL FUELS, a company with 16 years in Colombia. CI International Fuels is a barges, tugs and trucks owner and Operator Company with services on Bunkering in Colombian’s Ports Board Member AMCHAM (Colombian American Chamber of Commerce) member of the U.S. Chamber Of Commerce.

Active participant, sponsor and speaker in multiple conferences such as IBIA, Maritime Weeks America, Platts, Mare Forum, Wisdom, Argus, Index, Petrospot among others.

IBIA Board Member

Winner of multiple national and international awards for the company: The Bizz Awards, Latin American Quality Institute – LAQI, International Star Award Geneva, Quality Summit Award, Business Merit Award – Universidad Simon Bolivar and as CEO of the company: The World Leader Business Person, Excellent in Quality Management, Excellent in Business Management, Master in Total Quality Administration, Master & Branding / Manager and Leader, Quality Assurance Manager Civil Engineer with a Master in Project Management

Electoral Statement

Throughout all the experience that gives 16 years in the market of the Caribbean and the Pacific makes it necessary for the new airs of IBIA board a professional that could represent the association interests with first-hand information about the behaviour of the market in our region.

John Phillips

Career Details

A long-time active IBIA member and a frequent presenter at IBIA and other industry events. John initially worked in port agency and tanker operations for Rowbotham Tankships, he later managed ship agency offices and operations for Graypen, Haven Marine Services and Furness Marine Services in South Wales, and Athens, and Kanoo in Saudi Arabia.  His skill sets beyond this included on/off hire surveys, ship vetting surveys, ship S&P, dry bulk and liner trades. After postgraduate studies at the University of Plymouth, John specialised in marine and bunker credit management. He managed teams for MRC/Lloyd’s List Intelligence, Ocean Intelligence (OI) and headed notable global bunker credit teams for physical suppliers & B2B traders. John has developed new ideas for bunker credit management, developed bunker credit policies and worked with teams rebuilding his original bunker credit model for universal usage, and introduced a number of key bunker market players to the excess of loss credit insurance concept.

Electoral Statement

Bunkers is undergoing rapid change both in terms of what is marine fuel and how we manage the business of supply. Now, more than ever broad thought processes are needed. My varied shipping background, without acting as trader or broker leaves me well positioned to challenge the status-quo, asking questions like ‘why’.

Kenneth Dam

Career Details

6 years in Monjasa

Started as trader and after one year I took over the Africa book taking it from 2 ships to 25 ships. In the last part of my time in Monjasa, I took over as European lead being responsible for 30 traders and 3 offices. Physical operations in UK Channel, Skaw and Baltics.

5 years in Trafigura

Started in Trafigura start Jan 2017 starting at the fuel desk being responsible for bunkering while assisting mainly the Africa Fuel desk. We started the project on either buying or setting up a bunkering company, and we started TFG start Jan 2020. Being Global head of Bunkering for Trafigura, I am also responsible for TFG setting on the board in all our companies. We are at current doing + 800 KT per month being physical in close to 30 locations.

Electoral Statement

I bring experience on physical bunkering to the board, and the board can have access to knowledge and knowhow not there today. My personal push for MFM in Rotterdam and Antwerp is a good example of the drive and energy; I bring to the table, which I will bring to the Ibia board as well.

Rajiv Servansingh

Career Details

During the past twenty years, I have directed and chaired a number of industry and Government institutions.

2001-2006: The Deputy Secretary General of the Mauritius Chamber of Commerce and Industry – an association of major economic operators in Mauritius

2006-2009: Regional Director for Board of Investments (Mauritius) based in Mumbai, India – Promoting investments in various economic sectors

2009-2021: Chairmanships:

2010-2012: Airport Terminal Operations Ltd, Mauritius

2010-2014: Competition Commission of Mauritius – Setting up the Competition Commission in Mauritius

2009-2021: Managing Director and Chairman MindAfrica Projects Ltd – A company set up by myself for promotion of investments from India to Africa through Mauritius Financial Centre

Chairman Mauritius Africa Fund – A Government agency promoting and facilitating Mauritius-Africa economic integration

I was an elected Member of Parliament in Mauritius from 1976-1982.

Electoral Statement

Coming from a State trading institution from a Small Island Developing economy in Africa, we feel that we can contribute a rather unique perspective to the deliberations of IBIA Board. Mauritius is emerging as an important regional Bunker Trading Hub building on its historical experience as an internationally trading nation.

Timothy Cosulich

 Career Details

Timothy worked as a Strategy Manager at PwC in London and Madrid and was the General Manager at AP Moller Maersk terminal business in the Netherlands. Since 2010 he is the CEO of his family business, Fratelli Cosulich. Tim holds an MBA from INSEAD and is the current Vice Chairman of IBIA, the Chairman of IBIA Asia Regional Board, and the Chairman of YPO Singapore.

He lives in Singapore, is married with two kids and is a passionate triathlete, having represented Italy at the Ironman World Championship in Hawaii.

Fratelli Cosulich is a diversified multinational Group, fully owned by the Cosulich family, now at its 7th generation. The Group started in 1857 as a shipowner and today operates out of 21 countries with revenues in excess of USD 1.5bn per year and over 1,200 employees. Main activities include ship agency, marine fuel trading and physical supply, manning, catering, yacht services, freight-forwarding, and ship owning.

Electoral Statement

Having had the privilege to serve one term as IBIA Board Member and Vice Chairman, I wish to continue the good work that has been done so far to maintain IBIA as a prominent voice in the industry and to add value to its members through engagement and knowledge sharing

Tyler Baron

Career Details

Mr. Baron is the Chief Executive Officer of Minerva Bunkering, a leading marine fuels supplier and subsidiary of the Mercuria Energy Group.

Minerva serves customers in 150 ports worldwide, including 35 physical supply locations powered by the industry’s largest integrated supply chain and portfolio of bunkering dedicated fixed assets.

At Minerva, Mr. Baron has led an expansion of the physical supply network, the development of emissions management services for its customers, and the promotion of greater efficiency and transparency in the industry through the creation of the innovative Advanced Delivery Platform.

Prior to joining Minerva, Mr. Baron led the financial and operational restructuring of Aegean Marine Petroleum Network, Inc., later acquired by Mercuria.

Mr. Baron has two decades of experience in equity and debt capital markets, specializing in public and private investing across the energy and industrial landscape.

Mr. Baron graduated from the University of California at Berkeley.

Electoral Statement

The bunkering industry faces significant change driven by the secular trends of consolidation, digitalization, and energy transition.  From the perspective of leading Minerva’s strategy across each of these trends, I would be honored to contribute to IBIA’s voice as it guides the industry and its stakeholders forward.

Valeria Sessa

Career Details

I am Valeria Sessa, Managing Director of Reseaworld, an Italian female led trading and brokering marine fuel and oil company, based in Naples, and a recently opened branch in Greece, founded 5 years ago thanks to our family tradition.

I personally have 30 years of experience in the shipping sector, first on the side of Shipowners as head of a bunker and lubricant buying office and, since 2016, on the side of traders.

A family activity is always a guaranteed success when you trust the younger generation to steer the vessel in the right direction with trust and responsibility.

We take pride in our company culture that translates in culture of the sea, history and tradition that cannot be imitated.

I believe strongly in the importance of associations and I am consequently a proud member of IBIA, the Propellers Club of Naples and Assarmatori, Italian Red Cross, Wista and Confitarma.

Electoral Statement

I could contribute to the IBIA board with a point of view that concerns the buyer and the seller thanks to my past experience looking towards the future. It would be the greatest honour for me to represent the interests of the shipping industry and would appreciate your vote immensely.

Wajdi Abdmessih

Career Details

During my college years, I started working in Alexandria Petroleum Refinery. After graduating with a degree in Geology/Chemistry, I moved to the USA, studying computer science for two years. I became a laboratory chemist/It and petroleum surveyor in “ABS Oil testing Services,” analyzing fuel oil and petrochemical. Through the years, I occupied different positions from laboratory manager, Operation manager, branch manager, technical director to Global vice president of marine fuels.

In 2014 I founded “Seahawk Services” to provide independent Inspection and Certification services related to the sale and purchase of Oil and petrochemical cargo. Today, we own three laboratories in the USA and Singapore.

Trusted by many fuels suppliers and vessel owners/operators worldwide, in 2014, I blended/evaluated the  2015 ECA 0.10% sulfur fuels and in 2019, I blended/evaluated the 0.50% sulfur fuel, which began in January 2020.

I’m a Long-time member of IBIA, ASTM, CMA and involve as an expert witness in legal disputes of fuel quality.

Electoral Statement

With over 30 years of onhand experience in Marine fuel blending, testing, and inspection, I have the experience and the knowledge to work with all members to overcome today’s fuel challenge and strengthen our team to succeed tomorrow.

 

Photo credit and source: International Bunkering Industry Association
Published: 13 January, 2022

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Legal

Shell Singapore charged over Pulau Bukom oil leaks, reporting delays

Shell faces four charges under Singapore’s Prevention of Pollution of the Sea Act over two 2024 oil discharge incidents at its Pulau Bukom facility.

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2 MPA craft (left) supporting Shell craft in the clean up operations of the oil sheens taken on 28 Dec 9am

Shell Singapore has been charged over two incidents in 2024 involving oily mixtures discharged into Singapore waters from its facilities at Pulau Bukom, according to media reports on Tuesday (22 September). 

The company faces four charges under the Prevention of Pollution of the Sea Act, including allegations that it failed to report the discharges to the port master immediately. 

The first incident occurred on 20 October 2024, when approximately 40 metric tonnes (mt) of oily mixture was discharged through a hole in a pipeline at the Shell Singapore Energy and Chemicals Park at about 8am.

Shell is accused of reporting the incident to the port master at about 12.55pm, several hours after the discharge occurred. 

The second incident took place between 26 and 28 December 2024. An estimated 485kg to 956kg of oil mixture was discharged into Singapore waters from the same facility.

Shell is accused of failing to report the incident immediately, with notification to the port master made at about 11.50am on 26 December 2024, according to the charges.

Singapore’s pollution-prevention regulations require occupiers of such facilities to report oil or oily-mixture discharges into Singapore waters “without delay and to the fullest extent possible”.

Shell’s representative requested an eight-week adjournment at the 22 September hearing, citing the need to obtain internal instructions, appoint counsel and locate historical records. The company said the business associated with the incidents had been divested in 2025.

The case was adjourned to October. Shell is also facing prosecution by Singapore’s National Environment Agency over the same incidents.

Related: Shell reports up to 40 mt of slop leaked from pipeline into Singapore waters
Related: Singapore: No new oil sightings after recent pipeline leak and bunkering incidents
Related: Singapore: Clean-up of oil from Shell pipeline leak to be completed in days
Related: Singapore: Oil leak at Pulau Bukom stopped; cleanup of oil sheens completed

 

Photo credit: Maritime and Port Authority of Singapore
Published: 25 September, 2026

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Incident

MPA probes Singapore Strait collision involving fishing vessel, bulk carrier

MPA says there were no reported injuries among the crew of either vessel in the incident involving China-registered fishing vessel “Lu Qing Yuan Yu” and Panama-registered bulk carrier “First Margaux” .

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Panama-registered bulk carrier “First Margaux”

The Maritime and Port Authority of Singapore (MPA) on Tuesday (22 September) said it is investigating the incident involving the China-registered fishing vessel Lu Qing Yuan Yu and the Panama-registered bulk carrier First Margaux in the Singapore Strait on 17 September.

MPA said there were no reported injuries among the crew of either vessel or pollution arising from the incident and navigational traffic was not affected.

Videos circulating on social media showed the bulk carrier colliding with the fishing vessel.  

“The fishing vessel took on water during the incident but remained afloat and stable, with the crew taking measures to manage the situation onboard,” MPA said. 

The vessel was subsequently towed to Raffles Reserved Anchorage for assessment. 

Essential crew remained onboard to support the tow, while the Singapore Civil Defence Force supported the transfer of other crew to shore. 

MPA added it also issued navigational safety broadcasts to keep other vessels clear of the tow and escorted the vessel into port with a MPA craft.

 

Photo credit: MarineTraffic / Arnold Pohen
Published: 25 September, 2026

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Mass Flowmeter

TFG Marine deploys first MFM-equipped bunker barge in Jamaica

Bunker barge “Kingston Trader” is currently on its way to Jamaica following the successful installation of a Coriolis mass flow meter (MFM) system, certified to ISO 22192.

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TFG Marine deploys first MFM-equipped bunker barge in Jamaica

Global marine fuel supply and procurement firm TFG Marine on Thursday (24 September) said its bunker barge Kingston Trader is currently on its way to Jamaica following the successful installation of a Coriolis mass flow meter (MFM) system, certified to ISO 22192.

The company said the latest installation brings the proportion of TFG Marine’s fleet equipped with MFMs to approximately 88%, marking another step in the continued rollout of this technology across its global bunkering operations.

“The barge will operate in Jamaica through our local partnership with Scott Petroleum, becoming the first bunkering vessel in the region equipped with this technology and bringing greater accuracy, transparency and assurance to fuel measurement for customers across the Caribbean,” TFG Marine said in a social media post. 

“Together with Scott Petroleum, we look forward to working collaboratively with the Maritime Authority of Jamaica, the The Port Authority of Jamaica, Petrojam Limited and other stakeholders to share our experience of MFM technology, explore its wider benefits and support the continued development of bunkering standards across the region.” 

Manifold Times previously reported TFG Marine continuing to expand MFM technology across its US Gulf Coast bunker fleet with Buffalo B414 and Buffalo B304 being fitted with the equipment. 

Last year, TFG Marine announced it reached a key milestone in its global digitalisation programme with the installation of an ISO 22192-compliant MFM on the Buffalo 404, a barge on time charter from American bunker barge company Buffalo Marine Service Inc.

The installation was part of TFG Marine’s wider strategy to equip close to 90% of its global bunkering fleet with MFMs by 2026 as a commitment towards improving data integrity, streamlining operations and strengthening trust in marine fuel transactions.

Related: TFG Marine advances global MFM rollout with two US Gulf bunker barges
Related: TFG Marine installs first ISO-certified mass flow meter on US Gulf bunkering barge

 

Photo credit: TFG Marine
Published: 25 September, 2026

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