The launch of the new Caribbean operation comes after the restart of the Limetree Bay refinery in St Croix at the beginning of February.
‘I am very proud that Bunker One has been selected as the key physical supplier as it aligns perfectly with our expansion plans in the Caribbean. We strive to be our customers’ preferred bunkering partner, and the expansion underlines that this is not just a strategy; we execute!’ commented Bunker One CEO Peter Zachariassen.
The 12,551 DWT MT Desna Star has been added to the Bunker One fleet to support the St Croix operation. The vessel has a capacity of 10,000 metric tonnes (mt) of very low sulphur fuel oil (VLSFO) and 2,200 metric tonnes (mt) of low sulphur gasoil with high pumping rate capabilities. Bunker One will also offer an ex-pipe bunkering solution for vessel working cargo.
The expansion of Bunker One (STX) will be led by Georgia Kounalakis, Managing Director, Bunker One (Gulf of Mexico & Caribbean), and her team.
‘Bunker One has an established physical supply platform with a market reputation for high-quality customer service, performance and integrity throughout its operation. The St. Croix expansion provides us with an exceptional opportunity to further support our extensive customer portfolio with broad refuelling optionality for all shipping sectors while complementing our existing supply locations,’ said Kounalakis.
As previously reported by Bunkerspot, the Limetree Bay Refining facility began production and commercial sales of refined products. The refinery is capable of processing over 200,000 barrels of crude oil and other feedstocks per day.
Attempts to restart operations at the facility have faltered over the years since it was shuttered in 2012.
Limetree Bay successfully completed the acquisition of the facility in 2015 after it was put up for auction following the bankruptcy of Hovensa, a joint venture between Hess Corporation and Petroleos de Venezuela, earlier that year.