A new bunkering facility supplying marine gas oil (MGO) has now opened on the Thames. Operated by the marine division of Certas Energy, the Thames facility stores distillate marine fuel (DMA grade MGO with less than 0.1% sulphur).
The new bunkering facility can accommodate smaller vessels such as bunker barges, through to large vessels with fuel being delivered via truck or ex-pipe.
“In line with our growth plans, this Thames location is a tactical addition to Certas Energy’s marine fuel offering, enhancing our storage and supply portfolio,” said Gary Byers, general manager for Certas Energy Marine.
“With depots near every major British port, Certas Energy marine fuel customers can take advantage of our extensive and reliable delivery network, capable of covering all bunkering needs.”
“Certas Energy continuously monitor the whole of the market to ensure that we keep up to date,” said Varun Chhabria, head of marine and risk at Certas Energy.
“Currently bullish positioning is stretched, price momentum is fading and the forecasting fundamentals for the following months do suggest some peaks. With so many moving parts and with no surprise that OPEC has stepped back into market management mode, it has steered in a new era of growth within specific product lines for the oil industry.”