Rotterdam. File Image / Pixabay

The following statement has been released to Ship & Bunker by Sunoco LP (Sunoco Marine Ltd) and Verde Marine Energy:

Sunoco LP, through its wholly owned subsidiary Sunoco Marine Ltd, has entered into a new commercial collaboration with Verde Marine Energy B.V. (VME), expanding Sunoco's marine fuel offering into the ARA and UK bunker markets. The collaboration combines Sunoco's established commercial presence across North America and the Caribbean with Verde's physical bunker supply capabilities and operational platform in Northern Europe. Verde Marine is backed by the maritime service provider and shipping conglomerate Vertom BV.

The agreement builds on a successful collaboration in the United States with Eleven Energy and creates a platform for the companies to expand their respective commercial reach, develop new markets and introduce additional products and supply locations to customers internationally.

Sunoco LP is a publicly listed US company and the largest independent fuel distributor in the Americas, with an extensive network of physical locations and an established customer base across the US, Canada, Caribbean and Central America, including significant marine-fuel activity and bunkering relationships. Sunoco is a physical supplier of marine fuels in Houston, Port Canaveral, Tampa, Port Everglades, Miami, Jamaica, St. Croix, Barbados, Guyana and numerous smaller markets. Sunoco delivers via truck, barge and pipeline depending on location.

The collaboration provides Sunoco with an established operational platform in the ARA and UK, while giving Verde access to Sunoco's scale, commercial reach and international customer network, creating a platform for further growth and expansion of the business. The collaboration intends to add barges, new products and ports to its client offerings.

Joe Tierney, Head of Trading and Director at VME said:

"We are excited to build on the momentum and success VME has achieved over the past two years with the backing of Vertom. The progress we have made has led to this strategic collaboration with Sunoco, which will accelerate the expansion of our supply network while further strengthening our sustainability and digitalization capabilities.

Chris Todd has been a key driver behind this agreement, and we look forward to working closely with Sunoco as we take the next step in Verde Marine Energy's growth. Our latest development in B100 supply has been positively received, and together with Sunoco we will enter new markets and offer new products."

Verde Marine Energy B.V. will remain fully operational under its existing structure. The collaboration with Sunoco provides the additional commercial platform and scale to support the next phase of Verde and Sunoco's growth in the ARA, UK and wider Northern European bunker markets. Verde and Sunoco plan to contact customers and vendors immediately with additional information and a planned go live date of Oct. 1, 2026.