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Petrol Bunkering & Trading to close Hamburg office

27 Apr 2017 06:39 GMT

Petrol Bunkering & Trading Germany is to cease operating from May 1.



Hamburg-based Petrol Bunkering & Trading Germany GmbH (PBT Germany) has announced that it will be ceasing operations from May 1.

Explaining the reason for the decision, PBT Germany said in a statement that after 40 years in the business, Rob Morelis - founder of Swiss bunker trading business Petrol Bunkering & Trading PBT Ltd (PBT) - "has decided to cut down [his] bunker activities".

Back in April 2012, PBT announced the launch of Petrol Bunkering & Trading Netherlands BV (PBT Netherlands) to handle the group's worldwide enquiries together with PBT Germany. The Groningen-based firm - which comprises co-owners Ed Freese and Evert Elema, and bunker trader Johan Bolhuis - acts as agent for PBT International NV, Netherlands Antilles.

In its latest statement, PBT Germany said both PBT Netherlands and PBT International "will continue their own business as separate entities".




Related Links:

Bunker firm launches Netherlands office
Petrol Bunkering & Trading Netherlands B.V.
Germany

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