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Peninsula Petroleum expands its presence in Europe with Skaw operations

Peninsula Petroleum expands its presence in Europe with Skaw operations

Peninsula Petroleum announced that its physical bunker supply operations in Skaw will begin soon.

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The new addition further extends the global network of Peninsula and enhances the ability of the group to provide consistent quality and service by fully managing its supply chain.

Skaw is a natural extension to the current physical supply hubs of the Peninsula around the Mediterranean and in Antwerp, Rotterdam, Amsterdam (ARA).

“Launching Skaw enables Peninsula to further strengthen these supply relationships and to offer increased flexibility and optionality to customers looking to refuel in Northern Europe. Strategically and operationally we see the move as a good fit for our global physical portfolio," said Alex Lyra, Peninsula’s Global Head of Supply & Trading.

Peninsula will initially operate two supply tankers in Skaw with a combined capacity of around 10,000 mt. Operations will be supported from storage in Gothenburg. ISO8217 compliant HSFO, VLSFO and LSGO will all be available from a go live date in February.

"As we continue to navigate the global pandemic and its impact, it’s our duty as a leading global supplier to support our customers where they need us and where we feel that we can provide a differentiated service. Expanding our regional supply network into Skaw is a great example of Peninsula seeking and finding client solutions which help them execute their bunker procurement strategy," commented John A. Bassadone, CEO of Peninsula

Maritime Business World 

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