The Bomin Group, a leading global physical supplier and trader of marine fuels, announced that it will close its offices in Athens and London.
The marine fuel supply chain is experiencing significant transition and change, in line with new regulations and added complexity. It is therefore critical that Bomin’s global infrastructure and resources are invested in the right areas to ensure it can meet the customers’ requirements. As part of this process the company has increased its physical infrastructure in key areas including Singapore and in Europe, in line with its value driven physical trader model.
In future, Bomin will not focus resources where there is no strategic alignment with its overall business strategy. As a result the company has taken the decision to close its operations in Athens and London. Existing customers in these regions will be serviced through Bomin’s global network.
Thomas Roller, Managing Director, Bomin Group, said: “In this new era for bunkering, success will be defined by investing resources in areas that drive growth, and in creating a strong and a robust infrastructure to meet ship owners’ increasing challenges in relation to the marine fuel supply chain. Therefore, it is critical for us to concentrate on operations that support our business model. We want Bomin to be the preferred partner of choice for fuel supply, founded on ensuring quality, integrity, and commercial responsibility, as well as respected for running a profitable and sustainable business.”
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.
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