Danish bunker supplier Bunker One on Thursday (7 May) said it is strengthening its portfolio in the US Gulf, the Caribbean and West Africa to support customers and business partners and ensure security of supply
In its US Gulf operation, Bunker One will double its capacity on the water by deploying MT Furuholmen, it said.
This new tanker will join the existing MT Barbarica to support its US Gulf operation by focusing on a quick turnaround and high delivering rate.
In addition, Bunker One is expanding its presence in the Caribbean by the employment of MT Lillo Swan, which is now on station in Trinidad and the MT Waltz will be repositioned to the Caribbean business unit.
“Our core business is marine fuels – and we take pride in maintaining our high standards of operation which is of great importance to support and minimise our customers’ concerns these days as they navigate uncharted waters,” said Georgia Kounalakis, Managing Director of Bunker One (Gulf of Mexico).
“In a climate of uncertainty and tightening credit we are leveraging our strong liquidity and expanding our operational reach to meet our customers’ requirements,” adds Peter Zachariassen, CEO, Bunker One.
“The current downtrend in the market is not affecting our entrepreneurial spirit, and we continue to execute on our strategy for growth looking for more business opportunities at a global scale.”
Bunker One notes that it established itself in West Africa earlier this year, and during the first months in the new market, operations performed very well and the company reports strong commitment from its customers and business partners.
The company is now adding further to its portfolio of tankers in the region by employing the MT Enford, thereby operating three tankers in the region.
With three fully equipped and fully operational tankers in the area, Bunker One says it will cover major shipping lanes supplying vessels going East-West via the Horn in addition to the traffic in and around the West African Coast.
Photo credit: Bunker One
Published: 8 May, 2020
The COVID-19 pandemic continues to evolve and MPA is working closely with other agencies to monitor the situation, both globally and in Singapore, the port authority tells Manifold Times.
Caroline Yang, President of SSA, addresses issues earlier raised by players; including PMC No. 04, the seven-day restriction, contactless bunkering, sampling point, hose connection, and more.
IBIA Asia, ABIS, sources from Singapore’s bunkering and surveying companies, and an industry veteran share with Manifold Times the issues expected from MPA’s latest Covid-19 measures.
The top three positive movers in the 2020 bunker supplier list are Hong Lam Fuels Pte Ltd (+13); Chevron Singapore Pte Ltd (+12); and SK Energy International (+8), according to MPA list.
‘We will operate in the Singapore bunkering market from the Tokyo, with support from local staff at Sumitomo Corporation Singapore,’ source tells Manifold Times.
Changes include abolishing advance declaration of bunkers as dangerous cargo, reducing pilotage fees on vessels receiving bunkers, and a ‘whitelist’ system for bunker tankers.