Thu 7 May 2020, 10:56 GMT

Bunker One channels 'entrepreneurial spirit' with expansions


Supply portfolio strengthened in US Gulf, Caribbean and West Africa.


Bunker One logo.
Image credit: Bunker Holding
Bunker One has announced the expansion of its supply portfolio in the US Gulf, Caribbean and West Africa.

In the US Gulf, the company is doubling its capacity on the water with the deployment of the MT Furuholmen. The new tanker joins the MT Barbarica, which began performing deliveries for Bunker One off the Texas and Louisiana coastlines back in October 2018.

In the Caribbean, meanwhile, Bunker One is strengthening its presence with the addition of the MT Lillo Swan, which is now stationed in Trinidad.

The MT Waltz is to also be repositioned to the Caribbean, Bunker One said.

Commenting on the news, Georgia Kounalakis, managing director of Bunker One (Gulf of Mexico), remarked: "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."

CEO Peter Zachariassen observed: "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 launched a supply operation in West Africa, and during the first few months the company says it "performed very well[,] experiencing strong commitment from its customers and business partners".

The company is now expanding its vessel portfolio further with the addition of the MT Enford, thereby taking the total number of tankers operating in the region to three.

All three tankers are said to be 'high-spec' and fully retrofitted as bunker vessels.

"With three 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," the supplier said.


NYK Line car carrier render. NYK begins one-year B100 biofuel trial on car carrier  

Japanese shipping company NYK Line launches continuous 100% biofuel trial to assess long-term operational safety.

Caroline Yang, Hong Lam Marine. IBIA names Caroline Yang as chair of Asia regional board  

Hong Lam Marine CEO takes over from Capt. Rahul Choudhuri in leadership transition at the bunkering association.

Koki Harada, MOL. MOL outlines biomethane strategy and calls for cross-sector collaboration at Asia renewable gas conference  

Japanese shipping company MOL presents its bio-LNG approach and decarbonisation pathway at industry forum.

Maritime Technologies Forum (MTF) logo. MTF issues safety management guidelines for wind-assisted propulsion systems  

New guidelines aim to help shipping companies integrate WAPS into safety management systems.

MSC Maria Renata vessel. Changhong International delivers LNG dual-fuel boxship to MSC 159 days ahead of schedule  

The 10,300-teu MSC Maria Renata is designed to meet ammonia-ready and methanol-ready requirements.

Birjo II vessel. Sunoil and BFT convert Dutch inland barge Birjo II to run on 100% biodiesel  

Dutch barge Birjo II has been converted to operate on B100, cutting CO₂ emissions by up to 90%.

Renewable and low-carbon methanol project pipeline chart as of May 2026. Global renewable methanol pipeline reaches 61.6 MMT as China construction accelerates  

Gena's latest tracker shows 282 projects in development, with China and Europe dominating the pipeline.

Steel-cutting ceremony for Green Handy vessel. ESL Shipping cuts steel on first methanol-powered Green Handy vessel in Nanjing  

Finnish dry bulk carrier begins construction of four new handysize ships in China.

CMA CGM Notre Dame vessel at Singapore Port. World’s largest LNG-powered container ship makes maiden Singapore call  

CMA CGM Notre Dame arrives in Singapore on her first Asia-Europe voyage.

Singapore waterfront skyline. Uni-Fuels seeks bunker trader in Singapore as Nasdaq-listed firm expands team  

Role includes managing end-to-end transactions, identifying opportunities and optimizing margins.