Americas News
SIBCON 2024: Minerva Bunkering Acquires Bomin Group
Global marine fuel supplier Minerva Bunkering has acquired Bomin Group from Mabanaft.
The acquisition will add to Minerva's supply footprint in the Americas, Minerva CEO Tyler Baron told Ship & Bunker at an event the company hosted in Singapore on Tuesday.
Mabanaft had acquired Bomin -- then Bominflot -- in 2011, combining it with its own bunkering unit, Matrix Marine Fuels, and creating what was reported at the time to be one of the world's top five marine fuels firms.
Bomin's scope of operations has significantly shrunk in the intervening years. The firm is now a physical supplier only in the Americas, covering Houston, Norfolk, Panama and Ecuador.
Of particular interest to Minerva among these locations will be Norfolk, where Minerva has existing operations, and Houston, where Minerva will now have a physical supply operation for the first time.
About Jack Jordan
Jack Jordan is the Managing Editor of Ship & Bunker, the world’s most read marine fuel-focused publication.
He is an experienced financial editor and reporter with a first-class degree in Arabic and Russian, a postgraduate diploma in newspaper journalism and several years' history of covering the oil and shipping industries and capital markets.
Jack is based in London, UK.
About Ship & Bunker
Ship & Bunker is the world's most read publication focused on the marine fuel markets. Completely independent, it is the leading industry authority providing comprehensive daily news, exclusive in-depth features and analysis, along with daily & historical bunker price indications.
To contact the editor responsible for this story email us at editor@shipandbunker.com
