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Enjet LLC - a US Gulf Coast company specializing in the marketing, blending and storage of carbon black feedstock oils, fuel oils, refinery feedstocks and marine fuels - has confirmed that it has closed down its bunkering business.

Speaking to Bunker Index, James Chick, fuel trader at Enjet, said that the company had decided to cease its bunkering activites because it was 'just not profitable', adding that it had stopped supplying marine fuels as of 24 February.

When asked if members of staff would be moving on to other areas of the business, Chick replied: "Yes, we all wear many hats so all is fine."

Houston-based Enjet LLC is an oil blending company with over thirty years of experience in the delivery of fuel oil and feedstocks to customers. It is affiliated with Apex Oil Company Inc.

The company has been operating as a supplier of 380 centistoke (cst) intermediate fuel oil, 180 cst and marine gas oil (MGO) at the port of Corpus Christi for several years.

After the North American Emission Control Area (ECA) came into force in August 2012, Enjet also began supplying low sulphur 380 cst with a maximum sulphur content of 1.00 percent m/m (10,000 ppm). The company effectively stopped quoting 180 cst prices in April 2013.

Enjet has an affiliated company terminal located in Galveston, Texas, which allows Enjet to store several different grades of fuel oil and feedstock with a combined inventory of 600,000 barrels for immediate shipment worldwide.

Enjet has another 1.400 million barrels of storage at leased terminals in Corpus Christi (PLX), New Orleans (Mount Airy), and Baton Rouge (Port Allen).

Enjet says it sources all of its blendstock and feedstock from long-term and spot supplies in the US (East Coast, Gulf Coast, and West Coast) and from international locations using product produced by most of the major and independent oil companies.

According to Enjet, over fifty percent of its sales are in the feedstock area for carbon black manufacturers, coke producers, and fluid catalytic crackers.

The company's main business lines following its exit from the bunkering business will be: carbon black oil feedstocks, high/low sulphur number 6 fuel oil, vacuum gas oil - refinery feedstocks, fuel oil blend components, technology services, tank farm management and natural gas.