Offshore energy industry logistics and service provider Peterson UK Limited has concluded a new long-term agreement with Associated British Ports (ABP) to establish a new operational and logistics base at the Port of Lowestoft.
The new agreement will see Peterson operate a wide range of warehouse, cargo and logistic services from the port, including fuel bunkering to support the oil & gas and renewable energy sectors being supplied from their Lowestoft Supply Base.
“We are delighted to establish a new operations base in the Port of Lowestoft. We have a strong track record in servicing the Southern North Sea from both the UK and Netherlands and the Port of Lowestoft is an ideal location from which to support our existing Southern North Sea customer base and potential new customers,” said Paul Smith, Peterson Business Manager East of England.
“Our move to Lowestoft has been supported by our major stakeholders and we look forward to continuing to work closely with ABP to establish a best in class facility.”
The move by Peterson comes at a time when the Port of Lowestoft is expanding its provision of services to the offshore energy industry, with recent investments by Scottish Power to develop their permanent operations and maintenance base.
The agreement will see increased activity in the port’s Inner Harbour and provides a further indication of positive business growth in the port.
“Our team has worked very hard with Peterson to conclude this agreement. We know that Peterson chose the Port of Lowestoft for its vessel handling capabilities and space to grow, as well as ABP’s commitment to continuing investment and the quality of the local management team,” said Andrew Harston, ABP Director Short Sea Ports.
"Peterson has an excellent reputation and our new agreement signifies the next stage of customer growth at the port. We are very proud that they have chosen ABP as their partner and we look forward to supporting their ambitions to develop and grow.”
Photo credit: Associated British Ports
Published: 8 January, 2019
Universal Alliance, BMS United, Digiland International, Goodwood Associates, Southernpec (Singapore), and Taigu Energy were involved in alleged circular fictitious trades of fuel oil during July 2015.
Bunker orders of ISO 8217:2010 spec LS 380 cSt 0.5% for Nord Gemini, Nord Titan, Ocean Rosemary, and Luzern were placed through global commodities trading and logistics house Trafigura Pte Ltd.
While Covid-19 concerns are important, Captain Rahul Choudhuri was quick to note this does not mean bunker fuel related issues have indeed disappeared from the shipping sector.
‘Therefore, representing the players of the Malaysian bunker industry, we sincerely hope that this matter can be refined and reconsidered immediately so that all parties benefit together,’ says communication.
Maureen Poh, a Director of Helmsman LLC, offers plain practical tips on the differences between US and EU Sanctions and shares some thoughts on what companies could do if they are potentially exposed to sanctioned entities.
‘We [Consort Bunkers] have the opinion that the bunker business in Singapore is not related to the widely reported earlier cargo commodity trading mishaps,’ company source tells Manifold Times.