This is a legacy page. Please click here to view the latest version.
Wed 7 Apr 2021, 11:14 GMT

Bunker One launches St. Croix supply operation


Company claims it is now the leading independent bunker supplier in the Caribbean.


Bunker One logo.
Image credit: Bunker Holding
Bunker One confirmed on Wednesday that it has commenced physical supply operations on the island of Saint Croix, US Virgin Islands.

St. Croix, a soon-to-be Caribbean hub with the recent restart of the ex-Hovensa deep conversion refinery, is strategically located along major shipping lanes servicing US crude import and export markets as well as the regional markets for fuel oil and refined petroleum products in the Caribbean and Latin America.

By extending its physical portfolio into St. Croix, Bunker One - which also delivers in Jamaican ports, off Trinidad and off Jamaica - claims that it is now the leading independent bunker supplier in the Caribbean.

Commenting on the latest development, Peter Zachariassen, CEO of Bunker One, said: "I am very proud that Bunker One has been selected as the key physical supplier [in St. Croix] as it aligns perfectly with our expansion plans in the Caribbean. We strive to be our customers' preferred bunkering partner, and the expansion underlines that this is not just a strategy; we execute!"

The 12,551-deadweight-tonne MT Desna Star - a highly specialized bunker tanker fully equipped for bunkering operations - has been added to Bunker One's fleet for the new operation.

The vessel has the capacity to store up to 10,000 metric tonnes of very-low-sulphur fuel oil (VLSFO) and 2,200 tonnes of low-sulphur marine gas oil (MGO), with high pumping rate capabilities designed to ensure efficient deliveries and effective operational turnaround.

Bunker One says it will also be providing an ex-pipe bunkering solution for ships working cargo.

Fuel deliveries in St. Croix will be led by Georgia Kounalakis, Managing Director, Bunker One (Gulf of Mexico & Caribbean), and her team of specialists with local knowledge and expertise.

"Bunker One has an established physical supply platform with a market reputation for high-quality customer service, performance and integrity throughout its operation. The St. Croix expansion provides us with an exceptional opportunity to further support our extensive customer portfolio with broad refuelling optionality for all shipping sectors while complementing our existing supply locations," Kounalakis explained.


Oilmar office in Dubai. Oilmar welcomes summer intern to Dubai branch  

Arpit Aryan will rotate across the bunker fuel trading, finance and operations departments.

Aerial view of the Dubai skyline. Oilmar takes on trading and finance intern in Dubai  

New intern to rotate across trading, operations and finance teams.

Seaspan and Maersk signing. Seaspan and Maersk deepen fleet efficiency collaboration with $75m upgrade programme  

Retrofit package for four 13,000-teu vessels includes installation of shaft generator to reduce auxiliary engine fuel consumption.

European Parliament building in Brussels. EU Parliament vote on soy biofuels could expose bloc to $5.6bn a year in trade sanctions  

MEPs reject regulation that would have phased out soy biofuels, risking WTO retaliation penalties.

Peninsula and Itochu logo. Peninsula and Itochu form joint venture to develop ammonia bunkering in Europe  

The two companies will initially focus on major European and Mediterranean port hubs.

Khushi Vakil, Flex Commodities. Flex Commodities appoints compliance analyst with Morgan Stanley background  

Dubai-based bunker trader hires onboarding specialist to bolster compliance team.

Lyla Pathfinder naming ceremony. NYK names eighth dual-fuel LPG carrier at Kawasaki Heavy Industries yard  

Lyla Pathfinder is capable of operating on both heavy fuel oil and LPG.

Verde Marine Energy and Eleven Energy logo. Verde Marine Energy and Eleven Energy formalise strategic collaboration  

Alliance combines physical supply capabilities with an expanding international trading business.

Laura DiBella, FMC. US Federal Maritime Commission chair to keynote IBIA Convention 2026 in New York  

Laura DiBella to address marine fuel industry leaders on regulation and market direction.

VPS logo. Longer drains, lower cost: The role of oil analysis of synthetic engine oils | Joe Star, VPS  

VPS recommends robust oil analysis programme for the safe extension of drain intervals.


↑  Back to Top