Business

Peninsula Petroleum expands physical bunker supply business operations to Skaw

‘A significant proportion of Peninsula’s existing customer base lift bunkers in Skaw […] and look forward to adding genuine value to our clients,’ said Global Head of Sales.

Published

5 years ago

January 26, 2021

Admin

Global integrated marine fuel supplier Peninsula Petroleum Group (PPG) on Monday (25 January) said it will shortly begin physical bunker supply operations in Skaw.

The latest addition further expands Peninsula’s global network and enhances the group’s ability to provide consistent quality and service through full control of its supply chain.

Skaw is a natural extension to Peninsula’s existing physical supply hubs across the Mediterranean and in Antwerp, Rotterdam, Amsterdam (ARA).

“A significant proportion of Peninsula’s existing customer base lift bunkers in Skaw,” said Victor Morales, Peninsula’s Global Head of Sales.

“With our reputation for customer focus and operational excellence we anticipate strong demand in the region and look forward to adding genuine value to our clients.”

“Launching Skaw enables Peninsula to further strengthen these supply relationships and to offer increased flexibility and optionality to customers looking to refuel in Northern Europe. Strategically and operationally we see the move as a good fit for our global physical portfolio” added Alex Lyra, Peninsula’s Global Head of Supply & Trading.

Peninsula said it will initially operate two supply tankers in Skaw with a combined capacity of around 10,000 mt. Operations will be supported from storage in Gothenburg. ISO8217 compliant HSFO, VLSFO and LSGO will all be available from a go live date in February.

“As we continue to navigate the global pandemic and its impact, it’s our duty as a leading global supplier to support our customers where they need us and where we feel that we can provide a differentiated service,” said John A. Bassadone, CEO of Peninsula.

“Expanding our regional supply network into Skaw is a great example of Peninsula seeking and finding client solutions which help them execute their bunker procurement strategy. 2021 will see further expansion for Peninsula, but we are very proud to enter Skaw and to bring our expertise to this exciting new market.”

Photo credit: Skaw Port
Published: 26 January, 2021

Alternative Fuels

Singapore-based ONE celebrates maiden voyage of methanol-and-ammonia ready boxship

Following the successful deployment of “ONE Singapore” and its sister vessels, “ONE Solidarity” will be deployed on the Mediterranean Pacific South 2 (MS2) service.

Published

2 days ago

July 3, 2026

Admin

Singapore-based ONE celebrates maiden voyage of methanol-and-ammonia ready boxship

Singapore-based container shipping company Ocean Network Express (ONE) on Thursday (3 July) said it celebrated the maiden voyage of containership ONE Solidarity as the ship made its first-ever arrival in Shekou, China.

“As one of our S-series methanol and ammonia ready container vessels, ONE Solidarity is another demonstration of ONE’s commitment to sustainable shipping,” the company said in a social media post.

Following the successful deployment of ONE Singapore and its sister vessels, ONE Solidarity will be deployed on the Mediterranean Pacific South 2 (MS2) service.

“Her deployment will boost our service capacity, ensuring faster, more reliable, and highly efficient shipping offerings across key global trade lanes,” the company added.

Photo credit: Ocean Network Express
Published: 3 July, 2026

Alternative Fuels

“Lucia Cosulich” enters final preparation ahead of bunkering operations

Following delivery of the ship in China, it will now enter the final preparation phase ahead of its next operational steps, strengthening Fratelli Cosulich’s ability to provide reliable bunkering solutions.

Published

2 days ago

July 3, 2026

Admin

“Lucia Cosulich” enters final preparation ahead of bunkering operations

Fratelli Cosulich Marine Energy on Thursday (2 July) celebrated the delivery of Lucia Cosulich at Taizhou Maple Leaf Shipyard in China.

The vessel is the second of four sister methanol-ready IMO II bunker tankers developed within the Group’s fleet expansion programme and follows the launching ceremony held on 2 May 2026.

Designed to support the Group’s bunkering operations and future fuel requirements, Lucia Cosulich is part of the new generation of vessels developed by Fratelli Cosulich Marine Energy to combine operational reliability, safety and fuel flexibility.

Lucia Cosulich will now enter the final preparation phase ahead of its next operational steps, further strengthening the Group’s ability to provide reliable bunkering solutions.

“We wish Lucia Cosulich and her crew fair winds on the next stage of her journey,” the company said.

Photo credit: Fratelli Cosulich
Published: 3 July, 2026

Business

Glencore backs FincoEnergies’ biofuel growth with majority stake acquisition

With Glencore’s support, FincoEnergies is well positioned to continue expanding its offerings in biofuels across multiple transport segments and to increase its presence in new geographies.

Published

2 days ago

July 3, 2026

Admin

Dutch biofuel supplier FincoEnergies on Thursday (2 July) announced the completion of global commodities trader Glencore’s acquisition of a majority stake in the company, forming a partnership with Coloured Finches.

FincoEnergies said its fuel distribution and logistics infrastructure, customer relationships and expertise in downstream fuel transportation will be complemented by Glencore’s global scale, sourcing capabilities and experience across the energy value chain.

With Glencore’s support, FincoEnergies added it is well positioned to continue expanding its offerings in biofuels and decarbonisation solutions across multiple transport segments and to increase its presence in new geographies.

Jan-Willem van der Velden, FincoEnergies CEO and Founder, said: “Today marks an exciting next step for FincoEnergies. Glencore already knows our business well, and this builds on years of collaboration, trust and shared ambition. With Glencore’s support and global reach behind us, we are in a strong position to continue growing our business and supporting our customers as demand for lower-carbon fuel solutions continues to evolve.”

Maxim Kolupaev, Head of Glencore Energy UK, said: “Glencore’s investment in FincoEnergies strengthens the presence of our business in Northwest Europe and creates a strong platform for future growth. We are looking forward to continuing to work closely with the FincoEnergies team and building on the successful relationship we have already developed together.”

Manifold Times previously reported FincoEnergies signing an agreement with Glencore for the acquisition of a majority shareholding in the FincoEnergies Group in a partnership with Coloured Finches.

Photo credit: FincoEnergies
Published: 3 July, 2026