Bomin to Exit Singapore and Antwerp Bunker Markets

Supplier of marine fuels, the Bomin Group, has decided to exit the bunker markets in Singapore and Antwerp ahead of the 2020 sulphur cap.

Following this move, the company will operate from Houston and Hamburg offices, serving its customers in all German ports, the US Gulf Coast, Panama, Norfolk, and Ecuador.

“The Bomin Group is in a transformation and restructuring process and intense competition and low margins characterize the situation in all major ports,” Jan Christensen, Managing Director of Bomin Group, said.

“We see many bunker companies making major adjustments to their operating models in preparation for IMO 2020.”

The company informed that the closure of operations in Singapore and Antwerp are scheduled to take place this year.

Share this article

Follow World Maritime News

In Depth>

Events>

<< Feb 2020 >>
MTWTFSS
27 28 29 30 31 1 2
3 4 5 6 7 8 9
10 11 12 13 14 15 16
17 18 19 20 21 22 23
24 25 26 27 28 29 1

The 9th Annual Event Green Shiptech China Congress 2020

The 9th Annual Event- Green Shiptech China Congress 2020 will be held on next…

read more >

Belgian Offshore Days 2020

During this event, a conference will be held with focus on “Increasing value by data driven innovation…

read more >

7th Annual Arctic Exchange

Every year the Exchange invites delegates from across the globe to come together to listen to key senior management teams…

read more >

World Future Ports Summit 2020

This event will bring together ports and maritime shipping professionals from global leading companies and authorities to discuss recent digital technologies…

read more >