Germany’s Bomin Group Opens Office to Supply Russia’s Far East Bunker Oil

Posted: May 6, 2015 in Econ 101, Free Trade, Sanctions on Russia Meaningless, Technology and Energy

SEE ALSO:  Gazprom Awards Germany’s PSI For Gas Transport In N.W. Russia


.

Bomin Launches Office for Far East Russia

May 5, 2015

The Bomin Group, a leading global physical supplier and trader of marine fuel oil, today announced that it has established a new office in Nakhodka, a port city on the Sea of Japan, to meet the growing demand for quality marine fuels and services across Far East Russia.

Through the office in Nakhodka, Bomin will provide customers with the full range of bunker fuel oil and gasoil across all ports along Russia’s Far East coast, sourced directly from local refineries and delivered by trusted suppliers. The company will also act as the exclusive bunker agent for vessels wishing to call for bunkers only, including arranging berth at one of the main terminals in Nakhodka on an exclusive basis thereby avoiding long waits, minimizing down time for customers and increasing efficiencies.

Bomin’s Far East Russia desk will be headed by Alexander Beliakov, an experienced bunker trader who joins the company from Nakhodka Portbunker Co. Ltd. Alexander Beliakov brings with him extensive experience of the local market and strong relationships with local suppliers, refineries and barging companies.

“Given the lower cost of fuels available at Russia’s Far East ports, we have been seeing a steady upward trend in demand for the full range of marine fuel and gasoil in the region,” said Susanna Lai, Managing Director, Bomin Hong Kong. “Establishing an office in the region is in line with our strategy to provide our customers with quality products and delivering solutions that save them both time and money.”

Thomas Johannsen, Managing Director Bomin Group, concluded: “We’re determined to ensure that, as a company, we develop in line with the changing needs of our customers. We want to continue providing flexible, reliable and value-added solutions that help our customers to meet the challenges they face in their daily operations.”

The Bomin Group has been active in the bunker business for more than 35 years via its subsidiaries and is one of the world’s leading independent suppliers and traders of bunker oil. The business portfolio covers activities ranging from the supply of bunker fuels to lubricants and other services to the shipping industry. The company operates around the globe with a staff of more than 300 in 38 offices worldwide. Bomin is 100 percent owned by Mabanaft.

Mabanaft GmbH & Co. KG is the trading division of Marquard & Bahls, Germany, a leading independent petroleum company, privately owned. The business encompasses the import and wholesale of petroleum products. Furthermore, the company is active in bunker services, service stations, heating-oil retail, lubricants and biofuels.

SOURCE: http://www.bomin.com/news/2015/bomin-launches-office-for-far-east-russia/

.

About Bormin Group

Bomin Deutschland GmbH & Co. KG engages in cargo trading and bunker fuels supply services for the shipping industry. It supplies bunker fuels and lubricants, including marine residual fuels and marine distillate fuels. The company offers services to the shipping industry; and slops disposal and logistics services. Its operations also include service stations, heating-oil retail, and biofuels and biomass. Bomin Deutschland GmbH & Co. KG was formerly known as Bominflot Bunkergesellschaft für Mineralöle mbH & Co. KG. As a result of the acquisition of Bominflot Bunkergesellschaft für Mineralöle mbH & Co. KG by Mabanaft GmbH & Co. KG, its name was changed. The company was founded in 1976 and is based in Hamburg, Germany

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s