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Peninsula Petroleum becomes a physical supplier in Malta

19 Dec 2018

Global integrated supplier of marine fuels Peninsula Petroleum on Tuesday announced it is commencing physical supply operations in Malta from late December 2018 with exclusive barges and reliable cargo sourcing.

“As 2018 draws to a close, we are proud to announce the addition of Malta to our portfolio,” says John Bassadone, CEO and founder of Peninsula Petroleum.

“We remain focused on increasing value and optionality to our customers through the development of our global physical supply network and integrated platform.”

Peninsula Petroleum has 19 international offices in the major shipping and bunkering hubs and provides a worldwide physical supply and reselling offering.

In aggregate, Peninsula delivers more than 15 million metric tonnes of marine fuels per year. 

“With 2020 comes great opportunity but also increased complexity surrounding availability of compliant fuels,” adds Bassadone.

“Malta is another location where our key strategic suppliers will continue to view Peninsula’s conservative model as the best off-take solution for their products.

“2018 has been another positive year for Peninsula putting us in an even stronger position. We would like to thank all of our stakeholders for their ongoing support, for us there is no greater endorsement of our business.”

Photo credit: Peninsula Petroleum
Published: 19 December, 2018

 

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