Mon 17 Jul 2017 10:45

Peninsula Petroleum launches bunker supply operation in Barcelona


Supplier aims to take advantage of the 'significant supply gap in the market'.



Peninsula Petroleum has announced that it has launched a physical supply operation in Barcelona, after moving its 7,500-deadweight-tonne (dwt) bunker barge Alliance Spirit to the Mediterranean port.

Clarifying the reason for the decision, Peninsula explained that, despite Barcelona being one of Europe's busiest ports, it believes there is a seasonal shortfall in bunker supply capacity and that "an agile and innovative marine fuel supplier can offer new and valuable optionality to the significant marine traffic in the region".

Peninsula said the decision to start supplying in Barcelona had been made following "detailed market analysis" and ongoing conversations with its clients.

John Bassadone, CEO of Peninsula Petroleum, commented: "We believe that there is a significant supply gap in the market in Barcelona. With our flexible asset base and powerful commercial platform, we can offer bespoke solutions that create valuable optionality for our clients, saving them time and money.

"This move is part of a wider strategy of leveraging our asset base to provide regional optionality for our clients. By developing a powerful and flexible supply capability, we can provide innovative service not only in our traditional home ports of Gibraltar and Algeciras, but across the wider Western Mediterranean / Iberian Peninsula."

Peninsula's supply set-up in the Iberian Peninsula and North Africa now covers Barcelona, Malaga, Gibraltar, Algeciras and the Canary Islands.

Bunker Index previously revealed the launch of bunker barge deliveries at the port of Malaga - Spain's fifth-biggest cruise port - earlier this year, when Peninsula delivered marine fuel to the cruise ship Pullmantur Horizon on April 2.

The following month, Peninsula carried out a landmark bunker barge delivery to a non-cruise vessel in Malaga.

Image: Cruise vessels next to the World Trade Centre in Barcelona.


Lease agreement between Inter Terminals Sweden and the Port of Gothenburg, signed on July 1st. Pictured: Göran Eriksson, CEO of the Port of Gothenburg (left) and Johan Zettergren, Managing Director of Inter Terminals Sweden (right). New Gothenburg lease an opportunity to expand green portfolio: Inter Terminals  

Bunker terminal operator eyes tank conversion and construction projects for renewable products.

Map of US Gulf. Peninsula extends US Gulf operation offshore  

Supplier to focus on Galveston Offshore Lightering Area (GOLA) in strategy to serve growing client base.

The M/T Jutlandia Swan, operated by Uni-Tankers. Uni-Tankers vessel gets wind-assisted propulsion  

Fourth tanker sails with VentoFoil units as manufacturer says suction wing technology is gaining traction.

Port of Gothenburg Energy Port. Swedish biomethane bunkered in Gothenburg  

Test delivery performed by St1 and St1 Biokraft, who aim to become large-scale suppliers.

Image from Cockett Marine Oil presentation. Cockett to be closed down after 45 years  

End of an era as shareholders make decision based on 'non-core nature' of Cockett's business.

Petrobras logo. Petrobras confirms prompt availability of VLS B24 at Rio Grande  

Lead time for barge deliveries currently five days.

Opening of the IMO Marine Environment Protection Committee (MEPC), 83rd Session, April 7, 2025. IMO approves pricing mechanism based on GHG intensity thresholds  

Charges to be levied on ships that do not meet yearly GHG fuel intensity reduction targets.

Preemraff Göteborg, Preem's wholly owned refinery in Gothenburg, Sweden. VARO Energy expands renewable portfolio with Preem acquisition  

All-cash transaction expected to complete in the latter half of 2025.

Pictured: Biofuel is supplied to NYK Line's Noshiro Maru. The vessel tested biofuel for Tohoku Electric Power in a landmark first for Japan. NYK trials biofuel in milestone coal carrier test  

Vessel is used to test biofuel for domestic utility company.

Pictured (from left): H-Line Shipping CEO Seo Myungdeuk and HJSC CEO Yoo Sang-cheol at the contract signing ceremony for the construction of an 18,000-cbm LNG bunkering vessel. H-Line Shipping orders LNG bunkering vessel  

Vessel with 18,000-cbm capacity to run on both LNG and MDO.


↑  Back to Top