Asia/Pacific News
Peninsula Petroleum Eyes Continued Growth in Singapore Market
After 10 years in the world's biggest bunkering port, Peninsula Petroleum today announced it is eyeing continued growth in the Singapore market, and has moved into new offices at Suntec City, Tower 2 to help support its growth ambitions.
"I'm delighted that we are ready to make this move and continue our Singapore based growth. The Singapore Government and the Maritime Port Authority has created a world class, pro-business environment that we are delighted to invest in, illustrated by the introduction of mass flow meters," said John Bassadone, CEO of Peninsula Petroleum.
"We hope to continue our organic growth in Singapore, but to also diversify our operations in keeping with Peninsula's global strategy of continuing to build a truly integrated bunker supply business."
In addition to its bunker supply & reselling capability, Peninsula noted its Singapore-based APAC HQ also includes its risk & credit management teams, operations specialists, and regional middle and back office teams working with clients across Asia.
