Bomin Develops Physical Infrastructure in Singapore
The Bomin Group, a leading global physical supplier and trader of marine fuels, today announced that it has expanded its physical operations in Singapore, the world’s largest bunkering hub.
Since the beginning of October 2016, Bomin has deployed four modern, double- hulled barges in Singapore. All vessels have fast pumping rates, and can provide customers with a wide range of quality products. The vessels also have approved Coriolis Mass Flow Meters installed to ensure customers receive the quantity of products they order, as well as further speeding up the bunkering process.
While Bomin has been an MPA (Maritime and Port Authority of Singapore) approved supplier since 1988, the development of its physical infrastructure in the region will enable the company to deliver greater control of the end-to-end bunkering process, better integrating supply from the terminal to the customer jointly with its sister company, Matrix Marine Fuels Pte. Ltd.
Thomas Roller, Managing Director of Bomin Group, states: “The investment in developing our physical operations in Singapore comes at an important time for Bomin, as the bunkering sector is experiencing significant change. It is vital for us that we ensure our business is structured to seize the opportunities of a changing market, and to help our customers meet the new challenges that they face in relation to fuel supply. This means ensuring that all our operations, resources and infrastructure are geared towards delivering long-term and sustainable growth. Our investment in Singapore is an example of this.”
The Bomin Group has been active in the bunker business for almost 40 years via its subsidiaries and is one of the world’s leading independent suppliers and traders of marine fuels. The business portfolio covers activities ranging from the supply of bunker fuels to lubricants and other services to the shipping industry. The company operates around the globe with more than 300 employees in 30 offices worldwide. Bomin is 100 percent owned by Mabanaft.
Mabanaft GmbH & Co. KG is a subsidiary of Marquard & Bahls, a Hamburg-based family-owned company that operates in the fields of energy supply, trading and logistics. Mabanaft‘s business encompasses the import and wholesale of petroleum products. Furthermore, the company is active in bunker services, service stations, end-consumer business, lubricants and biofuels.
The products and services herein described in this press release are not endorsed by The Maritime Executive.