Middelfart, Press release

Bunker One expands its fleet

Bunker One continues its ambitious growth strategy amid challenging times by strengthening its portfolio in the US Gulf, the Caribbean and West Africa to support customers and business partners and ensure security of supply
Bunker One expands its fleet

In our US Gulf operation, Bunker One will double its capacity on the water by deploying MT FURUHOLMEN. The new tanker will join the existing MT BARBARICA thus supporting the state of the art US Gulf operation by focusing on a quick turnaround and high delivering rate. Moreover, Bunker One is expanding our presence in the Caribbean by the employment of MT LILLO SWAN, which is now on station in Trinidad. Also, the MT Waltz will be repositioned to the Caribbean business unit.

Georgia Kounalakis, Managing Director of Bunker One (Gulf of Mexico) states: “Our core business is marine fuels - and we take pride in maintaining our high standards of operation which is of great importance to support and minimise our customers’ concerns these days as they navigate uncharted waters. Relationships matter at Bunker One and we are here to stay the course.”

The new expansions are a part of Bunker One’s overall strategy to increase its activities and investments around the globe.

Peter Zachariassen, CEO, Bunker One comments: “In a climate of uncertainty and tightening credit we are leveraging our strong liquidity and expanding our operational reach to meet our customers’ requirements. The current downtrend in the market is not effecting our entrepreneurial spirit, and we continue to execute on our strategy for growth looking for more business opportunities at a global scale.”

Building on West African expansion

Earlier this year Bunker One established itself in West Africa, and during the first months in the new market, the operation has performed very well experiencing strong commitment from its customers and business partners. The company is now adding further to its portfolio of tankers by employing the MT ENFORD, hereby operating three tankers in the region moving forward.

With 3 fully equipped and fully operational tankers in the area, Bunker One will cover the major shipping lanes supplying vessels going East-West via the Horn in addition to the traffic in and around the West African Coast. HSFO, VLSFO and MGO will be available on the full stretch of the African coast.

These additional high spec tankers are fully retrofitted as bunker vessels and perform with the highest standards of safety.

Further information please contact:

Peter Zachariassen, CEO, Bunker One Physical
Phone: +45 26 32 35 17
E-mail: pza@bunkerone.com

Posted on May 07, 2020

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