News Today, 5 hours ago

Peninsula to start physical supply in Algoa Bay

South Africa
Port Elizabeth (Algoa Bay)
HSFO
VLSFO
Peninsula Petroleum

Global bunker supplier Peninsula has set up a physical supply operation in Algoa Bay in collaboration with South African bunker barge operator Linsen Nambi.

IMAGE: Port Elizabeth near Algoa Bay. Transnet. Getty Images
The supplier will start delivering HSFO and VLSFO from October, the press release said.

“Algoa Bay is an area that, crucially, enables vessels to bunker without berthing, significantly reducing waiting times and lowering costs. Together with our established presence in Mauritius, Algoa Bay allows us to create operational synergies across both markets”, Peninsula’s Regional Supply Manager for the Middle East and Africa Guillermo Cancela said.

Offshore supplies at Algoa Bay resumed in January this year after an almost 16-month suspension caused due a dispute over import duties, with new rules in place.

Last month, South Africa’s environment ministry introduced new restrictions on ship-to-ship bunkering aimed at safeguarding coastal ecosystems.

Peninsula said it has collaborated with a variety of local stakeholders to start the operations in Algoa Bay in compliance with new regulations.

By Nachiket Tekawade

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