Skip to main content

Vitol Marine Fuels acquires Singapore-based bunkering specialist

Published by , Editor
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

NNPC signs LNG agreements with Wison and SDP Services

In its efforts to further boost natural gas utilisation in the country and enhance Nigeria’s gas revenue, NNPC Ltd has signed two major agreements to deliver LNG to the domestic gas market and the international LNG market.

 
 

Embed article link: (copy the HTML code below):


 

This article has been tagged under the following:

LNG bunkering news