Fri 10 Jul 2015 14:04

New barge for Turkish bunker supplier


Energy Petrol now has 11 vessels in service with an additional two under construction.



Turkish physical bunker supplier, Energy Petrol Shipping Trade Industry Inc., has confirmed the addition of its latest newbuild double-hulled 1750-deadweight-tonne (dwt) bunker barge, the MT Demre 6.

As a result of the addition, Energy Petrol now serves its clients with a total of 11 tankers, including the vessels MT Demre 2, MT Demre 3, MT Demre 4 and MT Demre 6. The MT Demre 2 and MT Demre 3 were constructed in 2013, whilst the 810-dwt MT Demre 4 was built in 2014.

The previously owned MT Demre 1, which was also built in 2013, was recently sold to a third party, as was the MT Demre 5 - a vessel that was only fully constructed a few months ago.

Energy Petrol also operates the Deniz M, which is said to be the biggest bunker barge in service in Istanbul. The 2001-built 3659-dwt vessel (previously named MT Safir) was acquired last year by the Turkish supplier to mainly carry out cargo replenishments.

The four MT Demre barges are able to carry intermediate fuel oil (IFO) and marine gas oil (MGO) at the same time.

An additional two newbuild vessels - the MT Demre 7 and MT Demre 8 - are currently under construction.

In a statement, Mustafa Muhtaroglu, founder and CEO, said that the company had achieved a "20 percent growth" during the first six months of 2015 and was "investing along with our growing business". It follows a statement in September, which said that the company had increased sales in Istanbul during the first half of 2014 - following a decline in the Istanbul bunker market between 2012 and 2013 - and its market share had risen to 15 percent.

Muhtaroglu also explained today that Energy Petrol's barge renewal programme was partly due to tanker regulations phasing out old tankers over time.

"We are proud of providing [a] high-quality, fast, efficient and very on-time service to our clients, and new barges will increase our performance," he added.


European Union member state flags. Danish Shipping calls for EU to invest ETS revenues in green marine fuel production  

Industry body welcomes Commission's sustainable transport plan but urges concrete action on funding.

Illustration of green fuel production for ships and aircraft. Transport & Environment welcomes STIP but warns action needed by 2026 to secure e-fuels leadership  

EU transport plan takes steps to boost green fuel production for ships and planes.

Graphic announcing release of DNV Maritime Nuclear Propulsion White Paper. DNV claims nuclear propulsion could offer viable route to maritime decarbonisation  

Classification society publishes white paper examining technological, regulatory, and commercial challenges facing nuclear-powered merchant vessels.

Signatories of European Nuclear Maritime Cooperation Declaration. European nuclear declaration signed for maritime decarbonisation  

Over 30 companies sign cooperation agreement to advance small modular reactor technologies for shipping.

Victrol Omega vessel. Peninsula operates Omega barge for fuel supply in Belgian North Sea  

Victrol vessel said to be the only estuary barge of its size serving Belgian North Sea ports.

Sonan Energy Panama logo with white background. Sonan Energy Panama unveils new logo as part of sustainable energy transition  

Bunker firm introduces redesigned brand identity reflecting shift towards cleaner energy solutions.

Niclas Mårtensson, CEO of Stena Line. Stena Line to acquire Wasaline ferry operations in Baltic Sea expansion  

Swedish ferry operator signs deal to take over Umeå–Vaasa route with bio-LNG-powered vessel.

Arriva Shipping vessel Norbris. Berg Propulsion secures second Arriva retrofit after 10% fuel savings confirmed  

Norwegian shipowner orders second propulsion upgrade following verified efficiency gains on general cargo vessel Norjarl.

Dorthe Bendtsen and Anders Grønborg. Bunker Holding to absorb Baseblue into KPI OceanConnect by April 2026  

Integration follows earlier Hong Kong merger and aims to streamline operations and strengthen regional teams.

Chimbusco Pan Nation (CPN) new logo. CPN unveils new brand identity after 34 years in marine fuel supply  

Hong Kong bunker supplier launches rebrand centered on 'continuous evolution' and sustainable fuel solutions.