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.


Methanol bunker fuel delivery. World Fuel Services and West Coast Clean Fuels launch methanol bunkering across US ports  

First over-the-water methanol delivery completed in South Florida with Coast Guard-approved procedures.

Valerie Ahrens. Burando Energies appoints Valerie Ahrens as global head of methanol  

Ahrens brings more than 30 years of energy sector experience to the marine fuels supplier.

New Sea Generation (NSG) logo. New Sea Generation seeks junior bunker trader in Greece  

Greek bunker firm advertises role requiring commitment to demanding work schedule and operational responsibilities.

Person signing a document. IINO Lines secures sustainable shipping finance for methanol dual-fuel VLCC  

Japanese shipowner signs impact financing agreement with Mizuho Bank for alternative-fuel tanker.

Fluxys logo. Fluxys Belgium reports EUR74.9m profit as LNG flows surge and hydrogen infrastructure begins  

Belgian gas infrastructure operator’s 2025 net profit fell 8.8% amid hydrogen and CO₂ investments.

VPS logo. Shale oil components detected in Singapore marine fuel | VPS  

VPS testing identifies 90,000 mt of delivered VLSFO containing Estonian shale oil compounds.

Constantinos Capetanakis, Star Bulk. IBIA chair completes two-year term, citing expansion in regulatory engagement and membership  

Outgoing chair to remain on Global Board and lead Future Fuels and Bunker Buyers’ working groups.

Aerial view of a container vessel. LNG and methanol investments risk becoming 'dead ends' for shipping decarbonisation, UCL study finds  

Research warns transitional marine fuels may lock in fossil infrastructure rather than enabling an ammonia pathway.

Vitalii Protasov, GENA Solutions Oy. Protasov: Renewable fuel supply could meet shipping demand, but offtake agreements remain a barrier  

GENA Solutions CEO highlights project pipeline growth but warns regulatory uncertainty hampers investment decisions.

Frontier Venture vessel. Wah Kwong takes delivery of first LNG-ready LR2 tanker with Bureau Veritas SMART notation  

Frontier Venture is first in newbuild series to achieve Group 3 'augmented ship' capabilities.


↑  Back to Top