Skip to content

Montfort adds VLSFO to bunker fuel offerings in Fujairah market, starting 20 August

  • Published
  • by Admin
This comes after Montfort, as part of a consortium, acquired German firm Uniper’s United Arab Emirates-based crude oil processing and marine fuel trading business (Uniper Energy DMCC).
montfort

Global bunker supplier Montfort, a major supplier of bunker-grade high-sulphur fuel oil (HSFO) in Fujairah, on Tuesday (15 August) announced that Montfort’s bunkering business will be expanding its offerings in the Fujairah bunkering market starting August 20, 2023.

“As a successful provider of physical bunker supply in the region since 2021, we are now adding the supply of very low-sulphur fuel oils (VLSFO) to our portfolio,” it said in a social media post. 

“With the supply of IMO 2020-compliant VLSFO, our team will now be offering all grades of bunkering fuels (VLSFO, HSFO, and LSMGO) from facilities in Fujairah and Khor Fakkan.”

Montfort added it operates three refuelling barges, with a total supply capacity of 100,000 metric tonnes (mt) of marine fuels per month.

In addition to Fujairah, Montfort has bunkering operations in Singapore. In 2022, Montfort delivered over 955,000 mt of marine fuels worldwide.

Manifold Times previously reported German firm Uniper announcing it completed the sale of 100% of the shares in its United Arab Emirates-based crude oil processing and marine fuel trading business (Uniper Energy DMCC) to a consortium of Montfort Group and the Private Office of Sheikh Ahmed Dalmook Al Maktoum, following the fulfilment of conditions precedent and the receipt of regulatory approvals.

Argus Media previously said Uniper received bids in its tender to sell its subsidiary Uniper Energy.

Montfort was said to have offered the highest bid, according to market sources, with estimates in the $60mn-80mn range.

Related: Uniper completes sale of UAE-based bunker trading business Uniper Energy DMCC
Related: Uniper signs deal to divest its UAE-based bunker trading business to consortium
Related: Argus Media: Uniper concludes Fujairah bunker fuel refinery sale tender
Related: Uniper to divest Middle East bunkering business as condition for stabilisation package

 

Photo credit: Montfort
Published: 16 August, 2023