Acquisition will enable firm to further strengthen its position in the Dutch and adjacent markets.
Bunker fuel contamination cases observed in ports have posed ‘significant problem’ for fuel buyers.
Stakeholders have looked into employing computer analysis technology to assist in work involved.
Changes business direction to be a fuel storage facility after scheduled closure of refinery in October.
Acquisition of Statoil Fuel and Retail Marine AS has been approved by the competition regulator in June, it says.
Purchases 8,200-dwt MT African Sprinter to continue bunker operations off Namibia in West Africa.
Claims 30% market share in the Russian bunker market of Northwestern Federal District.
To consolidate foothold on the shipping business in Nigeria and boost profitability, says spokeswoman.
Now looking for floating oil storage unit between 200,000 to 300,000 mt for further development.
Provides scrubber design, manufacture and installation processes under one roof for customer convenience.
