Physical Bunker Supplier News

Physical bunker supplier arranged delivery of marine fuels to NATO navy ships in Poti, Georgia.Standing NATO Maritime Group Two (SNMG2) under the direction of Royal Navy Commodore Mike Utley, conducted a port visit in Poti, Georgia May 14 to May 17 with four ships from the group: Royal Navy destroyer HMS Duncan (flagship), Turkish frigate TCG Gemlik, Romanian frigate ROS Regele Ferdinand and Bulgarian frigate BGS Drazki.“In general, physical bunker supply in Georgian ports, available by tank trucks alongside berth.

Physical bunker supplier Monjasa has been active in the Panama Canal since 2011 and established a physical presence for operations and bunker trading in Panama City in 2015. Now one year after the official inauguration of the new locks of the expanded Panama Canal, Monjasa said it has seen supply volumes continually grow. “Since the opening of the new locks exactly a year ago, we have seen a positive development in the local bunker market,” said Rasmus Jacobsen, Managing Director for Monjasa Americas. “On a daily basis, we already see sicx ships passing through the new locks, and as the tonnage further increases, we expect this number will increase to eight1, 10, or possibly 12,” Jacobsen said.

Aegean Marine Petroleum Network Inc. has announced the launch of a new service center in Rostock, Germany that will serve all German Baltic Sea ports and Southern Scandinavian ports. The operations at Rostock will be managed by the existing team at OBAST Bunkering & Trading GmbH (OBAST), a physical bunker supplier and cargo oil trader. Under the terms of the agreement with OBAST, Aegean will acquire OBAST's existing share capital. E. Nikolas Tavlarios, President of Aegean Marine Petroleum Network, said, "We are pleased to announce the launch of our new service center in Rostock, which strengthens our existing presence in Germany and will enhance the flexibility and reach of our global marine fuel platform enabling us to better serve our customers around the world.

The total volume of the Panama bunker market has increased in recent years as price levels are becoming increasingly competitive to U.S. bunker hubs like Houston, New Orleans and New York. In 2015, reports indicate that approximately 5 percent of the global trade passes through the Panama Canal. And, in the light of this weekend’s historic opening of the new Panama locks, this percentage is expected to grow in the coming years, as an increased number of Post-Panamax containerships…

Oleum DWC-LLC is a new physical supplier focussing on supply of marine fuel and gas-oil offshore the West African coastline. All products; 380 cst, 180 cst and MGO are meeting full ISO:2010 specifications. “We will be operating a 'one-stop-shop' and we have full control of the entire supply chain. Oleum will control every aspect of the operation, from the sourcing and loading of our cargo to the actual delivery to the end user. Cargo is directly sourced from oil majors and transported in Major vetted tonnage to ensure that the quality will never be compromised…

Fratelli Cosulich has taken a further step in its strategy to become a fully fledged physical bunker supplier controlling the whole chain by taking delivery of the third of its new high capacity bunker tankers. The 6,500 dwt Emma Cosulich was delivered last week from China's Sopo shipyard at Zhengjiang and follows two similar vessels, the Maria Cosulich and the Teresa Cosulich, which are currently operating in the port of Singapore as bunker barges. Investment in the barges was the first step in extending control of the bunker chain. Currently Fratelli Cosulich is negotiating storage facilities in Singapore and plans to buy full cargoes of bunker fuel from Middle East producers.