Bomin Group, a physical supplier and trader of marine fuels, on Tuesday announced that it has expanded its physical operations in
Singapore, the world's leading bunker port.
Since the start of October, Bomin has deployed four modern, double-hulled barges at the Asian city-state. In a statement, the bunker firm explained: "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."
Bomin says 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, remarked: "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."
Bomin was approved as a supplier of marine fuel by the Maritime and Port Authority of Singapore (MPA) in 1988. In the MPA's ranking of suppliers by volume in 2015,
Bomin Bunker Oil Pte Ltd was ranked 25th in a list of 59 suppliers in Singapore, up three places from the previous year. Matrix Marine Fuels Pte Ltd was ranked 46th, three places lower than in 2014.
Image: Bomin's office building at 83 Clemenceau Avenue, UE Square, Singapore.
