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2012 November 30   16:33

Vitol to enter German bunker market

The Vitol Group (Vitol) has announced that from early December it is to start a new bunker supply service in Germany. Vitol Germany GmbH will supply bunker fuel and gas oil by barge in the port areas around Hamburg, Bremerhaven and Weser.

Product will be kept at terminals at Hamburg and Bremerhaven to facilitate prompt supplies, it said. "The highest quality service will be delivered on a 24/7 basis by manager Chris Venema and his experienced team Tim Boegel, Marko Dragojevic and Susanne Tennert," Vitol said in the press release.

Last month the Vitol revealed it had increased its credit facility by $782 million to a total of $6 billion.

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