Mabanaft subsidiary Matrix Marine Fuels Pte Ltd has left the list of Singapore accredited bunker suppliers in May, according to a Maritime and Port Authority of Singapore (MPA) document.
The development follows the departure of Mabanaft’s fuel oil team and the Singapore branch of the Bomin Group, another Mabanaft subsidiary, from the republic in September 2018.
To date, the number of accredited bunker suppliers at Singapore port stands at 49.
Matrix Marine Fuels was ranked the 23rd largest bunker supplier at Singapore port by volume in 2018.
Mabanaft, the trading division of Hamburg-based independent energy supply, trading and logistics group Marquard & Bahls (M&B), which oversees operations of bunkering firms Bomin and Matrix Marine recorded ‘unsatisfactory’ bunkering results in 2017.
Related: Official: Bomin exits Singapore and Antwerp bunker markets
Related: Bomin to honour Singapore bunker contracts upon exit, says MD
Related: Bomin Singapore, Mabanaft fuel oil team allegedly exiting market
Related: MPA list reveals top bunker suppliers at Singapore port in 2018
Related: Mabanaft: ‘Unsatisfactory’ 2017 bunker results
Other Related: Somtrans Group acquires Bomin Belgium, enters bunkering market
Other related: Bomin closes Dubai office, appoints new MD
Published: 10 May, 2019
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