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Minerva Bunkering completes first bunker fuel deliveries in Egypt

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Firm has launched supply operations in the Suez Canal and Egyptian ports with the completion of its first 10 bunker deliveries in Egypt including to Hafnia’s “MV Hafnia Azurite”.
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Independent bunker supplier Minerva Bunkering, on Wednesday (31 May) said it completed its first ten bunker deliveries in Egypt, including to Hafnia’s MV Hafnia Azurite and Cargill Ocean Transportation’s MV Gat Feeling. 

“Deliveries have been performed for vessels awaiting northbound and southbound canal transit convoys with no lost time taking bunkers. Minerva is licensed to operate in Suez Canal waiting anchorages and 12 Egyptian ports, including East and West Port Said, Alexandria, Damietta, Suez, and Sokhna,” it said in a statement. 

“With more than 23,000 vessels transiting the Suez Canal each year and significant additional vessel traffic calling domestic ports, Egypt represents one of the world’s most strategic maritime markets.  Bringing Minerva’s industry-leading physical supply chain, fuel quality performance, and operational excellence and will add significant value to the international shipping community and their vessels operating in Egyptian ports and waters,” said Minerva CEO Tyler Baron.

The new bunkering service has been developed in close cooperation with the Ministry of Petroleum, Suez Canal Authority, Suez Canal Economic Zone, EGPC, Ministry of Transportation, and all relevant port authorities.

Manifold Times previously reported Egypt awarding the first licence to international companies for bunkering ships in the Egyptian ports to Minerva Bunkering.

“Minerva’s objective is to empower our customers to lower their total cost of bunkers procurement.  Refuelling vessels while they await canal transits, thereby avoiding the costly deviation and lost time of a bunkers-only call, does just that,” Baron continued.

Minerva’s Egyptian service leverages its physical footprint in the Mediterranean and expanding presence in Saudi Arabian Red Sea ports to generate synergies and the ability to offer customers multi-port delivery optionality, the firm added. 

Related: Egypt awards its first bunkering licence for international firms to Minerva Bunkering
Related: Egypt: SCZone to launch bunkering service at East Port Said Port and Ain Sokhna Port

 

Photo credit: Minerva Bunkering
Published: 1 June, 2023

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