LNG Blog

Vitol Marine Fuels acquires Singapore-based bunkering specialist

Published by

LNG Industry,

Vitol Group has announced that its subsidiary Vitol Marine Fuels Pte Ltd has acquired 100% of Singapore-based bunkering specialist Sinanju Tankers Holdings.

Sinanju has been renamed Vitol Bunkers (S) Pte Ltd and, from today, all bunker deliveries will be carried out by Vitol Bunkers (S) Pte Ltd.

Through this acquisition, Vitol claims that it has acquired an expert bunker tanker manager and operator with extensive experience of physical bunker supplies in the port of Singapore – the world’s largest bunkering port – and a fleet of 15 modern Singapore flagged bunker tankers, including Singapore’s first and currently only LNG-powered dual-fuel bunker tanker, Marine Vicky.

Dato’ Kho Hui Meng, President and CEO of Vitol Asia, said: “With the acquired entity’s valuable expertise in bunker tanker operations and Vitol’s existing strength on the bunker oil supply side, Vitol Bunkers will be in a strong position to provide a high quality, seamless ‘end to end’ delivered bunker supply service in Singapore and internationally.”

Read the article online at: https://www.lngindustry.com/small-scale-lng/01042020/vitol-marine-fuels-acquires-singapore-based-bunkering-specialist/

You might also like

 STATS Group

In this webinar, Ismo Piirainen and David Whittle of Hexagon PPM will be discussing the digitalisation and digital transformation trends driving Industry 4.0, especially when it comes to fabrication. Register for free today »


During 1Q20, a record 72 ships were processed at the Zeebrugge terminal, including 55 ships involved in an LNG transshipment operation.


Source link

Show More

Related Articles

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button