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Peninsula Petroleum launches LNG bunkering business

Photo: Peninsula Petroleum John A. Bassadone.jpg
Peninsula’s ceo, John A. Bassadone,
Bunker supplier Peninsula Petroleum has launched an LNG bunkering business as a growing number of its customers take delivery of dual-fuelled vessels.

The setting up of an LNG supply business comes from the initial phase of its Global Sustainability Initiative and follows an 18-month consultation process.

Peninsula’s ceo, John A. Bassadone, said, “This is another major milestone in Peninsula’s evolution. We have built a team of very experienced individuals in the sustainability and LNG space who will drive Peninsula’s transition to a cleaner future.  Peninsula already has a wide-ranging presence across the maritime supply chain.  Initially we are using this expertise to progressively build an LNG bunkering proposition, which will benefit our customers globally.”

The appointment of Nacho de Miguel as head of Peninsula’s business development helped spearhead the move into LNG. “I am fortunate to have worked extensively in both bunkers and LNG therefore I welcomed the opportunity to bring this experience and knowledge to Peninsula as it develops its worldwide LNG supply business,” he said.

The move into LNG also follows a growing number of Peninsula’s customers who are starting to take delivery of dual-fuelled LNG powered vessels.

We are already in dialogue with multiple customers regarding their LNG strategies” stated Victor Morales, Peninsula’s global head of sales & marketing.  “We are fortunate to have deep relationships with many customers, either already operating LNG-powered vessels, or in the final stages of delivering new ships for service.  Building our LNG proposition around customer needs is a natural progression for us,

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