Independent marine energy supplier, Peninsula, has announced the expansion of its physical supply operations to South Africa.
Peninsula said in a statement on Tuesday that it would collaborate with local bunker barge operator, Linsen Nambi, to provide its services in Algoa Bay from October.
This marks the latest step in the expansion of the company, which also has a strong presence in Mauritius and Egypt as well as an intra-Africa reselling portfolio.
“Our expansion into Algoa Bay is testament to our commitment to providing consistent product availability and optionality to our global customer network,” said Peninsula CEO, John Bassadone.
“Linsen Nambi’s local expertise has been invaluable as we prepare to launch the operations, and we look forward to continued collaboration that paves the way for increased activity in South Africa.”
Peninsula Regional Supply Manager for the Middle East and Africa, Guillermo Cancela, said Algoa Bay enabled 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. By making key fuels available at these locations, we are opening doors for new opportunities and providing a reliable service to customers across the continent.”
The launch of Peninsula’s operations follows collaboration with local stakeholders to reestablish the region’s bunkering activities in line with the new regulation protocols, providing more options to ship operators working in the region.
Linsen Nambi CEO, Durand Naidoo, said the company’s entry into South Africa was a strong vote of confidence in the local bunkering industry, highlighting its long-term potential.
“The growth of Algoa Bay as a bunkering destination benefits the region and strengthens South Africa’s role in global shipping,” said Naidoo.
Peninsula operates as a physical distributor as well as a reseller of global marine fuel.
