BUNKER INDEX :: Price Index, News and Directory Information for the Marine Fuel Industry



« News Home
:: Monthly Archive

News Topics
:: Air Pollution
:: Agreements & M&A's
:: Alternative Fuels
:: BunkerBlog
:: Cargoes & Storage
:: Company News
:: Efficiency, Costs & Charges
:: Environment
:: Events
:: Financial
:: Fuel Quality & Testing
:: Lubes & Additives
:: Oil Spills
:: People
:: Port News
:: Projects
:: Regulation, Legal
:: Services, Products,Technology
:: Statistics & Research
:: Vessels

Regional Archive
:: Americas
:: Asia/Oceania
:: Europe
:: M.East/Africa


BUNKER INDEX :: Price Index, News and Directory Information for the Marine Fuel Industry
Home » News



LQM acquires Ches Bunker Services, relocates Texas office

CEO: Deal 'reinforces our already strong brokerage presence in the Texas and US Gulf region'.



LQM's CEO, Morten Eggert, says the firm has moved to new premises in Texas to accommodate its growing staff requirements heading into 2020. Image credit: LQM Petroleum Services


Updated on 09 Aug 2018 10:53 GMT

US-headquartered bunker broking and trading specialist LQM Petroleum Services, LLC has announced the acquisition of Ches Bunker Services, LLC.

Commenting on the news, Morten Eggert, CEO of LQM, said: "The purchase of bunker brokerage Ches Bunker Services only reinforces our already strong brokerage presence in the Texas and US Gulf region. The staff at Ches have more than 30 years of experience on the supply and brokerage side of the bunker business."

Founded in 2015, Ches Bunker Services has been offering marine fuel broking solutions throughout the Americas. The company's managing director, Antonio Rosas, began working as a bunker manager for Venezuela's PDVSA back in 1990, where he managed the firm's bunker office in Caracas and also its sales operation in Rotterdam and Antwerp. Since then, he has gone on to serve as bunker manager for GAC in Houston and Senior Bunker Trader for Integr8 Fuels, also in Houston.

Last year, Ches Bunker Services joined forces with US-based oil products supplier and trader Novum Energy to offer marine fuel in Yabucoa, Puerto Rico.

Novum has been renting storage at the Buckeye oil terminal in Yabucoa and supplying 380 centistoke (cSt) fuel oil and 0.1% sulphur marine gasoil (MGO) via pipe, whilst Ches Bunker Services had been handling enquiries, acting as broker in the partnership.

Office relocation

Eggert also confirmed on Thursday that LQM has relocated to a new office in Boerne, Texas.

"LQM is expanding to a new office in Texas to accommodate their growing staff requirements heading into 2020," the CEO explained.

Antonio Rosas, now bunker broker/trader at LQM, is also based at the new Texas premises.

The office address is:

371 N. Main Street, Suite 202
Boerne, Texas 78006
United States

Other contact numbers and email addresses remain the same (below).

T +1 830 249 8201
F +1 830 249 0985
texas[at]lqm.com






Related Links:

LQM Petroleum Services, Inc.
United States

Latest News:

North America's first LNG bunker barge delivered
World Fuel Services claims enhanced client offering with launch of Falmouth jetty
Oil and fuel oil hedging market update
Sing Fuels adds bunker trader in Taiwan
Market increasingly focused on the upcoming US sanctions on Iranian oil
Top Ships' fuel-efficient 'Eco' tanker completes sea trials
Vopak and Maersk to launch 0.5%S bunkering facility in Rotterdam
Dan-Bunkering merges with Australia Bunkering
Oil and fuel oil hedging market update
SHI to build two bunker-saving LNGCs for Celsius Tankers
Oil slightly down on trade war and fears of economic slowdown
VPS issues flash point distillate alert for New York




Page Links:

Prices
Africa
Asia
Latin America
Middle East
North America
North Europe
South Europe
Index Summary
Price Highlights
Commentaries
Futures
Prices
Antwerp
Busan
Cape Town
Fujairah
Houston
Istanbul
Kaohsiung
Las Palmas
Maracaibo
New Orleans
Piraeus
Rio de Janeiro
Rotterdam
Santos
Singapore
News
Latest News
Blogs
Archive
Americas
Asia
Europe
Middle East
News
Air Pollution
Agreements & M&A's
Alternative Fuels
Cargoes & Storage
Efficiency, Costs & Charges
Environment
Events
Financial
Fuel Quality
Lubes & Additives
Oil Spills
People
Port News
Projects
Regulation/Legal
Services, Products, Technology
Statistics & Research
Vessels
Contact & Terms
Contact Us
Advertise
Terms & Conditions
Privacy Policy
Events
Upcoming Events