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Peninsula extends physical supply operations to Suez with licence from Egypt

Products to be offered are VLSFO, HSFO 3.5% and LSMGO – all according to ISO8217:2017 spec; this follows after firm received licence in February 2022.

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feature peninsula extends physical supply operations to suez with licence from egypt

Independent marine fuel supplier Peninsula on Wednesday (7 June) said the Egyptian Government and authorities have granted the firm a physical bunker supply licence to operate in Mediterranean Ports.  

Having been selected by the local authorities as one of the first international companies to be given a licence to function as a bunker supplier back in February 2022, Peninsula has commenced operations. The products to be offered are VLSFO, HSFO 3.5% and LSMGO – all according to ISO8217:2017 specification.   

The region has a natural advantage with optimal weather conditions all year round, and it sees over 20,000 vessels passing through the Suez Canal every year. 

“It therefore represents a natural extension of Peninsula’s existing physical supply hubs and adds further support for ships traversing the Mediterranean Sea,” the firm said. 

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“With professionals controlling each link of the supply chain, Peninsula is fully committed to provide its customers with quality products and service in keeping with its leading role in the global commodity market.”

John A. Bassadone, CEO of Peninsula, said: “We want to thank all the authorities and especially the Egyptian Government for this opportunity to operate in the Suez Canal. We have been working closely with them for over a year and a half to ensure that we are in a position to build the local bunker market beyond historical levels. Port Said’s has huge potential for growth, and we feel that our track record and dedication to quality, along with our growing network in the region, will create an attractive proposition.

The Egyptian government also granted Minerva Bunkering a licence for bunkering ships in the Egyptian ports.

Minerva Bunkering later 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.

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

Photo credit: Peninsula
Published: 8 June, 2023

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Biofuel

Singapore: Sea Oil Petroleum receives ISCC EU certification, mulls increasing product portfolio

‘Sea Oil seeks to do its part for climate change by giving options to support to our end users,’ says Steve Goh, Head of Trading.

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Singapore-based bunker trading firm Sea Oil Petroleum Pte Ltd (Sea Oil), a wholly owned subsidiary of Thailand-listed Sea Oil Public Company Limited, has received International Sustainability and Carbon Certification (ISCC) EU certification, learned Manifold Times.

ISCC EU is a certification scheme that verifies compliance with the sustainability criteria for biofuels and bioliquids within the European Union. It ensures that biomass and biofuels used in the EU meet specific environmental and social requirements, including greenhouse gas emission reductions and traceability throughout the supply chain.

The milestone, which took place on 22 May after two months of processing, was reflective of the company’s aim to expand its bunker fuel product offerings to clients seeking sustainable solutions, Steve Goh, Head of Trading at Sea Oil, told the bunkering publication.

“It is important for the bunkering sector to remain relevant, adapt, and play an active role in supporting shipping’s decarbonisation journey,” said Mr Goh while adding that, “this is in line with our group’s green initiative and sustainability drive.”

“As such, Sea Oil seeks to do its part for climate change by giving options to support to our end users.

“By achieving ISCC EU certification, Sea Oil will be in a better position to provide green marine fuel solutions to customers embarking on this journey towards net zero.”

Manifold Times in May reported Sea Oil welcoming a Senior Bunker Trader to its team.

The company started 2025 with an expanded team on both international and local fronts.

Sea Oil Petroleum may be reached at: [email protected]

Related: Singapore: Sea Oil Petroleum boosts Asia and international presence with new Senior Bunker Trader
Related: Singapore: Sea Oil Petroleum enters 2025 with international representatives, expanded team

 

Photo credit: Sea Oil Petroleum
Published: 10 July 2025

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Wind-assisted

Anemoi unveils state-of-the-art rotor sail production facility in China

Site boasts an annual production capacity of 250 Rotor Sails, and the option to expand further and store units for fast turnaround.

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Anemoi Rotor Sail production facility MT

Wind propulsion solutions provider Anemoi Marine Technologies on Tuesday (8 July) officially opened its new Rotor Sail production facility in China.

Strategically located on the banks of the Yangtze River, Anemoi’s facility is located in Jingjiang City, Jiangsu Province, within Daming Heavy Industry’s manufacturing base.

The facility provides direct access to port infrastructure, enabling seamless logistics for import, export, and delivery.

With barge transport available on-site, Rotor Sails can be transported efficiently and installed directly at nearby major shipyards, streamlining operations and minimising environmental impact.

“This is more than just a new site,” said Clare Urmston, CEO of Anemoi.

“It’s a fully integrated, end-to-end production hub where every stage, from steel fabrication and precision assembly to rigorous testing and quality assurance, is handled under one roof.

“That means faster turnaround, uncompromised quality, and complete oversight by our expert team, on site, from start to finish. Anemoi’s strategy is quality first and this site enables exactly that.”

With an annual production capacity of 250 Rotor Sails, and the option to expand further and store units for fast turnaround, the new site positions Anemoi to meet surging global demand and support its customers in achieving critical decarbonisation goals.

 

Photo credit: Anemoi Marine Technologies
Published: 10 July 2025

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Milestone

Global Energy Storage Group sells Rotterdam terminal to Tepsa, exits Dutch market

Chooses to sharpen its focus on growth in Asia, particularly its flagship terminal in Port Klang, Malaysia.

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Global Energy Storage Group (GES) on Wednesday (9 July) announced the completion of the sale of its terminal located in the Port of Rotterdam., marking its exit from the Dutch market.

The facility, which includes 212,000 m³ of tank storage and approximately 18 hectares of development land in the Europoort area, was sold to Tepsa, a European bulk liquid and gas storage operator.

The transaction represents a key milestone for GES as it continues to focus its resources on expanding its presence in the fast-growing Asian market, with particular emphasis on its strategic terminal at Port Klang, Malaysia.

It also ensures that the Rotterdam terminal is passed into the hands of a high-quality follow-on owner well positioned to take the asset forward. The transaction also delivers a strong return for GES’s shareholders.

“Part of the investment cycle is realising value from assets at the right time, and we’re confident this was the right moment for GES,” commented Peter Vucins, CEO of GES.

“We are now fully focused on growing our business in Asia, with Port Klang at the centre of that strategy. We extend our sincere thanks to the Rotterdam team and our customers for their support and for maintaining a safe, reliable, and forward-looking operation throughout our ownership.”

With the sale of the Rotterdam terminal, GES no longer holds assets in the Netherlands.

 

Photo credit: Global Energy Storage Group
Published: 10 July 2025

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