Gulf Petrochem Expands European Bunkering Division

 

The group’s deliveries will be carried out using a barge on an exclusive long-term charter named the Conveyer. The move will allow Gulf Petrochem Group to supply ISO compliant Gasoil to its customers at all ports and wharfs along the Thames and Medway.

 

Further, the group’s Rotterdam operations have added to its current fleet with the time charter of The Melbourne. The 4,200 dwt Gasoil barge, based in Rotterdam will allow the group to cater to the increased demand they have witnessed over recent months.

 

“The U.K. has always been a market we are extremely interested in and with us seizing the opportunity to supply physical on the Thames, shows how fast the group can mobilize when we see interesting areas of expansion,” said Chris Todd, Head of Bunkers (West of Suez).  “The Thames is our first in our U.K. portfolio and we expect to add to this over the coming months. With regards to the increase in fleet capacity in Rotterdam, this has been purely driven from a demand perspective so we can cater to our customer’s needs.”

 

Prerit Goel, Group Director at Gulf Petrochem Group, said, “Our experienced and dedicated team in the U.K. and Europe, supported by our global offices will continue to supply our customers with consistently high-quality products and customer service to match. We expect to grow our U.K. and overall European offering throughout 2017 and capitalize on favorable market conditions.”