New staff joining Riverlake Nigeria
Riverlake Nigeria Limited, a subsidiary of the Riverlake Group, is very pleased to announce that effective from today Mr. Bello Tukur has joined our Lagos office as Chartering Director.
Bello Tukur has years of professional experience in the industry. His expertise in LPG, Oil tanker chartering, Shipbroking and ship management will contribute immensely to our business strategy in the local market.
The Riverlake Group welcomes this development as part our relentless commitment to building local capacity in our indigenous offices around the world, while ensuring continuous business growth and sustainability.
Please join us in welcoming Bello to Riverlake. We wish him the very best.
RIVERLAKE NIGERIA LTD
20 TASLIM ELIAS CLOSE, VICTORIA ISLAND LAGOS,
Tel : +234 80 888 54545
Email : Alakija@riverlake-nigeria.com
Email : email@example.com
Tel : +234 803 616 5619
Email : Tukur@riverlake-nigeria.com
Email : firstname.lastname@example.org
AFRICAN DESK / RIVERLAKE SHIPPING SA
26, RUE DU MONT-BLANC
Tel : +41 22 906 79 35
Email : email@example.com
STM Deutschland moved to Hamburg
Please be advised that effective 01 October 2015, STM Deutschland relocated its office to Hamburg.
New office address and telephone:
STM Deutschland GmbH
Tel : + 49 40 2109 12733
e-mail : firstname.lastname@example.org
E-mail and mobile telephone numbers remain unchanged.
International Petroleum Shipping and Freight Market
This CITAC training course, in partnership with Riverlake Shipping, will use numerous theoretical and practical workshops to examine in detail, international petroleum shipping and freight markets. It will explore the global and African situation and analyse key issues such as vessel selection, freight costs, risks involved in shipping petroleum products, the various benefits of working in the African market, and documentation.
The 4 day course will include:
- International Shipping Market
- How to charter?
- Charter-party contracts negotiation. What is the best charter-party?
- Freight invoices
- Demurrage - managing risks
- Maritime Regulation
Who should attend?
- Charterers, marketers, importers & exporters of oil products
- Shipowners and ship managers
- Distribution companies
- Finance institutions involved in cargo and stock financing
- Government energy regulators
To download the program, please follow this link :International_Petroleum_Shipping_Accra_October_2015.pdf
(Reuters, RTRS | News Wires, 05.08.2015) Europe Distillates-Diesel gains on demand rise, Rhine problems
Europe Distillates-Diesel gains on demand rise, Rhine problems
LONDON, Aug 5 (Reuters) - Diesel barge differentials in northwest Europe strengthened slightly on Wednesday as the recent decline in oil prices attracted buyers and due to transport delays along the Rhine.
The recent drop in crude and gasoil prices has once again led to an increased buying interest from end users for diesel and heating oil, which will go into storage, traders said.
"The flat price is supporting again though August still seems over supplied," a trader said.
Limited barge loading due to low Rhine river water levels WL-KAUB and reports of production problems at two German refineries created further supply concerns inland, traders said.
"Predicted rainfall in southern Germany during the weekend might give some relief to decreasing water levels, however we do not expect any major impact on the market as demand for barges is still strong," Riverlake Barging, a tanker barge broker, said in a report.
A standard 2,500-tonne barge was loading up to 1,100 tonnes due to the low water levels, they said.
Imports from the U.S. Gulf Coast are expected to reach 1 million tonnes in August, lower than initially expected.
However, together with around 800,000 tonnes expected to be imported from Asia and the Middle East and an additional 2 million tonnes from Russia, supply is expected to outstrip demand by around 500,000 tonnes in August, traders say.
Turkey's Tupras and Petrol Ofisi each tendered to buy one cargo of diesel for delivery in August, traders said.
- Barges of 0.1 percent gasoil traded at discounts of $14.25-$14.75 a tonne fob ARA to August Low Sulphur Gasoil futures LGOc1, in line with Tuesday's trades.
- No cargoes traded. Vitol offered two cargoes in the Mediterranean.
- One barge of 50 ppm gasoil traded at a discount of $4.50 a tonne fob ARA below August diesel futures.
- At 1547 GMT August ICE Low Sulphur Gasoil futures were $5.25 lower at $468 a tonne.
- The ICE gasoil crack LGO-LCO1=R was at $13.51 a barrel, down from $13.86 a barrel.
- The contango between the August and September contracts was unchanged at $2.75 a tonne.
- Diesel barges traded at discounts of $1-$1.25 a tonne fob ARA versus August diesel futures, compared with minus $1.25-$2 a tonne on Tuesday.
- There were no cargo trades. BP and Litasco offered three cargoes while Gunvor bid for one.
JET FUEL JET-BD-ARA
- Shell sold to Trafigura a cargo at a $15 premium fob Rotterdam to August ICE futures.
- No cargoes traded as there were no bids or offers.
FUEL OIL EURO/DIFF/FO
- Barges of high-sulphur fuel oil with 3.5 percent sulphur content traded at $248-$249.50 a tonne fob ARA, compared with $248.50-$250.50 a tonne on Tuesday.
Riverlake recruits Cook - Tradewinds online article -
Riverlake Group has recruited veteran broker Graham Cook to its fledgling dry cargo operation.
He joined the London office of the Geneva shipbroker from Icap on Wednesday, Riverlake has confirmed.
Cook has been in dry-cargo broking as both a principal and a competitive broker. He joined the Baltic Exchange back in 1981.
“We are pleased to announce that Graham Cook has joined our London dry broking team,” said managing director Jeremy Swales.
Cook’s main market segment is in the handy-ultramax market and has always worked in the London market.
Riverlake Group diversifyied into the dry sector late last year establishing the London office in October with Jeremy Swales recruited to run it.
He previously headed the London-based dry cargo desk of Braemar Seascope where he was closely involved in supramax, project and transhipment business.
The move marked a new era for Riverlake, which is better known for its involvement in the wet side of the shipbroking business.
Riverlake chief executive Marc Lecoanet said at the time that his company had handled some dry business but had been “waiting for the right opportunity” to expand into the sector.
“London fills a gap on the dry side and geographically [it is] a good place to be,” he told TradeWinds.
The new office is seeking to utilise Riverlake’s specialist knowledge of West Africa in an effort to develop its mini-capesize and long-term iron ore business.
Last summer Riverlake took over the business of Auriga International Maritime, a company specialising in cargoes of palm oil, ethanol, base oil and chemicals and run by William De’Ath.
Riverlake Barging Rotterdam is looking for a Broker
Riverlake Barging started its activities in 2011 and thanks to growth of our business, we are looking for a full-time
You will be responsible for negotiating and fixing spot cargoes on various routes within the inland tanker barge market. You will be in daily contact with our clients, such as oil & chemical companies, oil traders, and barge owners.
Negotiating and fixing spot cargoes on behalf of our clients
- Negotiating time-charters and contracts of affreightment on behalf of our clients
- Providing operational follow up of spot barge fixtures and contracts
- Collecting market information
- Expanding our customer base
The right candidate has minimum MBO level education or equivalent, preferably in a maritime or logistics environment. He or she should have provable commercial skills, have excellent written and oral communication skills as well as a professional knowledge of the Dutch, English and German languages, French is a pré. He or she should be a self-starter, ambitious and persistent. Knowledge of our customer’s industry in general (oil & chemicals) and inland barging in particular will give you an advantage. Minimum 3 to 5 years working experience in our industry is required.
We offer an interesting and challenging working environment. You will work in a small team where initiative and success is highly appreciated, encouraged and rewarded.
You can send your application (including resume) to Mr. Quirijn Bol, Riverlake Barging BV, Parklaan 46, 3016 BC in Rotterdam or alternatively use email: email@example.com.
See more on www.riverlakebarging.com
Riverlake opens a new office in Curacao
The Riverlake Group is excited to announce that it will enhance it sales efforts in the Caribbean region by opening an office in Curacao on 01/01/2015.
This new entity will be locally managed by Wilbert Versteeg, a partner and a director of Riverlake Solutions in Rotterdam.
This latest development enables Riverlake to further expand its worldwide business and presence.
You can contact:
Partner / Director
Riverlake Group CEO
The Riverlake Group is a shipping services company established in 1985. With offices in Geneva, Lagos, Rotterdam, Bremen, London and now Curacao, the group specializes in providing logistical and associated services for the oil, dry & gas industry worldwide.
Vsit us this week at Global Energy 2014 Stand 9 !
London, (S)Wales, is a new ‘dry colony’ for Riverlake’s expanding business - By Ship2Shore
The proactive Geneva-based shipbroker opens a branch office in the City devoted to the dry cargo sector by hiring the former boss of Braemar Seascope.
Riverlake Group of Switzerland has announced the opening of Riverlake Shipping Ltd, registered and based in London, which will concentrate on the dry cargo segment. “This latest development enables us to further deepen our market knowledge and expand worldwide business, particularly in relation to the dry segment” says the Geneva-based shipbroking house in its official statement.
The new branch office in Bishopsgsate, open for business as from today, is headed by Jeremy Swales, former director of Braemar Seascope PLC, and Baltic Exchange member since 1981, who has lived in various parts of the world (Copenhagen, Hong Kong, Sao Paulo to name a few) and travelled extensively over last 30 plus years and left Braemar Seascope last summer, after 7 years, in a time when a few more high level staff left this company’s branches from all over the world.
Apart from brief spells in a principal’s role, his main activities have been in the competitive market working closely with traders, mining companies and shipowners to develop their logistic strategies.
“We hired Jeremy Swales, a former director at Braemar and head desk of the dry, who at the time had created the desk for BSS where he used to run the handysize/handymax/panamax desk (10 brokers and 2 operations)” illustrates the reason of this bold initiative Marc Lecoanet, Riverlake Group CEO. “He is 56 and touched all aspects over his career from broker to principal. One of the reasons for him joining us is our unique model of maritime services which goes from shipping brokerage (seagoing and barging) to terminal project management to legal to bunkering to commercial management. There is a lot of cross selling to be done and our different offices in Switzerland, Africa, Germany, Holland and now London gives many options. We need experienced people to achieve this”.
Lecoanet confirmed they will develop the dry cargo segment exclusively from the City.
“We therefore created Riverlake Shipping Ltd and Jeremy will be the Managing Director; we are very keen to be implemented in London which is a major hub together with other places like Dubai, Geneva, Singapore, Houston. By doing so, we strengthen our market coverage. Dry is a segment which we never really went into until now as we concentrated on tanker chartering from Geneva but always had in mind that a day or another we would go for it. It’s only a matter of opportunity; we tried over the last 12 months some attempts with a couple of existing companies but did not find something fitting us. Jeremy is the right person and he has a fantastic name and reputation. Our intention is to gradually get more people in, although we will not rush but do things quietly, taking all the time needed to do things well and right. We have always tried to play long term and get people who adhere to our project of building up a group together, believing it is important to acquire the expertise of the UK based maritime industry, which is still very strong, despite its no longer the big center it used to be. There are many opportunities these days there, partly due to difficult market conditions; the dry sector is no exception. Being also there do not necessarily push people to systematically relocate and it also opens more doors for people to move from an office to another one and acquire experience”.
The Swiss boss declares his company’ strong intention, more generally, to continue developing the different entities of the group and get more people to join, starting from the good point of being a solid and united block at the helm. “We took over Auriga International business in June this year, specialising in cargoes of palm oil, ethanol, base oil and chemicals, having its head William De’Ath joining us to develop palms, lubes and biomass trading business inside our organization from now on. This is typically what we like doing: our intention is now to be stronger in the sale and purchase and we will focus on it in coming months. Important for us is that the owners of the group are all part of it; we do not have external shareholders and can do what we wish to do. If Riverlake was created in 1985, its only in 2001 that we took control of it and as from 2004 we started to go through various developments; we have therefore a pretty young history as such...” Lecoanet ends.
Riverlake branches out into dry bulk
Riverlake Group of Switzerland is diversifying into the dry sector.
The Geneva-based shipbroker has appointed 56-year-old Jeremy Swales to run a new dry bulk desk in London, which begins operations on Monday.
The move marks a new era for Riverlake, which is better known for its involvement in the wet side of the shipbroking business.
Swales, who until this week has been on gardening leave, previously headed the London-based dry cargo desk of Braemar Seascope where he was closely involved in supramax, project and transhipment business.
He left Braemar in the summer after seven years with the company.
Riverlake chief executive Marc Lecoanet says his company has handled some dry business but has been “waiting for the right opportunity” to expand into the sector.
“London fills a gap on the dry side and geographically [it is] a good place to be,” he said.
The new office will seek to utilise Riverlake’s specialist knowledge of West Africa in an effort to develop its mini-capesize and long-term iron ore business.
Three months ago, Riverlake took over the business of Auriga International Maritime, a company specialising in cargoes of palm oil, ethanol, base oil and chemicals and run by William De’Ath.
Ian Lewis - Tradewinds
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