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.


World Kinect Corporation logo. World Kinect marine segment posts record quarterly gross profit amid bunker price volatility  

Marine division delivers its best-ever quarterly result as the conflict in the Middle East drives bunker price swings.

Explora III vessel. Explora Journeys takes delivery of first LNG-powered ship in its fleet  

Explora III, delivered by Fincantieri in Genoa, marks the brand’s first LNG-fuelled vessel.

Patrick Ryan, Keyyong Hong and Jinyoung Cho. ABS grants approval in principle for nuclear-powered 15,000-teu containership concept  

The concept design, developed with two Korean research institutes, features a marine molten salt reactor.

Tsuneishi logo. T-SOL delivers first Japan-built methanol fuel supply system  

The system, which received ClassNK approval in principle in 2024, will be installed on a Kamsarmax bulk carrier.

Port of Rotterdam. Rotterdam records 0.4% rise in total throughput for H1 2026  

LNG throughput up 1.7% to 6.4m tonnes, with exports increase attributed partly to greater use of LNG as a marine fuel.

Steel-cutting ceremony of vessel with builder's hull no. S1151. Construction begins on LNG bunkering vessel for Shell  

Ceremony held for first of two 18,900-cbm vessels being built for Purus Marine.

Singapore skyline. Monjasa seeks supply trader in Singapore  

Role focused on developing and maintaining supplier relationships for the firm's back-to-back operations.

Panama City skyline. Monjasa hiring trader for Panama physical trading team  

Bunker firm looking for candidates with at least two years' experience in sales, trading, shipping, logistics, or similar commercial role.

CIMC SOE building. CIMC SOE and Sinopec Clean Energy sign contract for 12,000-cbm LNG bunkering vessel  

Vessel is scheduled for delivery in 2028 and will serve China’s coastal LNG bunkering network.

S-Oil B30 VLSFO supply launch. S-Oil begins supplying B30 VLSFO from Ulsan  

South Korean refiner S-Oil enters the bio-bunkering market with a vertically integrated Ulsan supply chain.


↑  Back to Top