#None #Minerva Bunkering #Mauritania #Bunkering Services

Minerva Bunkering Expands Operations in West Africa

Minerva Bunkering, a leading global supplier of marine fuels, has recently commenced a new bunkering service in Mauritania, following the acquisition of a license from the National Hydrocarbons Commission (CNHY). This significant move is part of the company's strategy to expand its footprint in the West African region, which is witnessing a surge in maritime activities.

The new operation enhances Minerva's presence in Mauritania, particularly focusing on key maritime hubs such as Nouadhibou and Nouakchott. These locations enable the company to provide bunkering services not just to commercial vessels but also to a growing number of offshore oil and gas installations located in the region. This initiative marks a notable step for Minerva as it aims to become a vital player in a rapidly developing bunkering market.

According to Tyler Baron, CEO of Minerva Bunkering, “Establishing operations in Mauritania is in line with our strategic vision to enhance the supply network's efficiency. Our goal is to reduce our clients' overall bunkering costs while ensuring superior fuel quality and quantities.” The CEO further expressed excitement in extending this valuable proposition to the vessels operating in Mauritania's waters.

Mauritania is emerging as an attractive location for bunkering services, driven by a robust fishing fleet and increasing offshore oil and gas exploration activities, alongside regional trading ventures. With these dynamics, the demand for reliable and efficient marine fuel supply is expected to rise substantially.

Minerva Bunkering boasts the capability to source various grades of marine fuels, accommodating diverse viscosity requirements from its hub located in Las Palmas. This infrastructure empowers the company to maintain supply chain reliability, a crucial aspect in the highly competitive bunkering industry. The operation in Mauritania will leverage Minerva's existing fleet, which includes bunkering tankers such as MT Symi, MT Tethys, and MT Karpathos, to support these new activities.

Minerva Bunkering stands out as the largest physical supplier of marine fuels and related solutions globally, actively serving a vast network that encompasses more than 150 ports. The company excels in procuring products in bulk from a variety of sources, guaranteeing efficient delivery to its more than 750 active customers across various commercial shipping sectors. These include container ships, bulk carriers, cruise ships, tankers, and ferries, signifying a broad outreach across the maritime industry.

Minerva is wholly owned by the Mercuria Energy Group, one of the world’s leading privately-held energy and commodities entities. This relationship enhances Minerva's position and capabilities within the marine fuels sector, allowing the company to respond adeptly to evolving market demands.

As Minerva Bunkering launches this initiative, it highlights a commitment to fostering growth in the West African region by providing top-tier energy solutions optimized for its client's operational needs. With this new venture, the company is set to play an instrumental role in shaping the future of marine fuel provision in Mauritania, contributing to the overall development of the local maritime economy.