Business News Tue, 10 Jul 2018

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GOIL positions itself to upgrade staff knowledge on bunkering

Ghana will for the fifth time hold this year’s Africa Maritime Week on bunkering which is the fuelling of vessels from the 9th to 13th July 2018.

As a result, Ghana’s leading oil marketing company, GOIL, which is a key sponsor of the Africa Maritime Week says it is positioning itself to take advantage of the training opportunity the event offers to upgrade the knowledge of its staff in the bunkering business.

“Before the conference we are going to have two days of training on shipping and we having our staff participating because we always want to upgrade the knowledge of our staff in this specialized area.

Bunkering is so specialized that you don’t just allow people do it and therefore we always want to upgrade the knowledge of our staff so GOIL is heavily represented in the two day training program”, he said.

Speaking in an interview with Eye on Port, the Chief Operating Officer of GOIL, Alex Adzew said the intensive two-day course ahead of the Maritime week will examine bunker trading and sales, price risk management, fuel supply and bunkering operations and the far-reaching impact on global bunker markets of new emissions regulations.

“We will be discussing something on ethics in bunkering, we will also have the regulators coming through to give a presentation on some of the regulatory issues that involves bunkering”, the C.O.O of GOIL added.

He said the conference will also be looking at how both Tema and Takoradi Ports which currently undergoing expansion works to take advantage of the increasing shipping opportunities that will be available as a country.

Alex Adzew said GOIL’s marine gas oil tanks at the Port of Takoradi continue to provide quality fuel to vessels in a very safe and healthy environment.

“We did this because we want to give the ocean going vessels, oil traders and then those who are working on our oil fields the confidence that GOIL has an infrastructure that will enable them bunker their fuels hustle-free*”, he expressed.

He said GOIL’s bunkering prices are also very competitive along the major ports in West Africa in order to generate the needed revenue for the state.

“We are very, competitive in pricing”, he asserted.

Alex Adzew said discussions are under between GOIL and the Port Authority to put in place arrangements that will attract vessels along the West Africa coastline to call Ghana’s ports for bunkering services.

Source: Eye on Port

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