Peninsula - Experts & Thought Leaders
Latest Peninsula news & announcements
Global marine energy supplier, Peninsula, has announced the expansion of its physical supply network into the Houston market and surrounding areas. Peninsula’s re-entry will be led by Houston-based Mike Parrent who joins Peninsula as Physical Desk Manager, and Elisha Frank as Operations Executive. Peninsula’s hybrid business model Both Mike and Elisha bring deep experience and are well-known to global customers for their knowledge and service delivery. Full operations will commence in December. John A. Bassadone, CEO of Peninsula, said: "We’re delighted to be back in the Houston area, offering fresh regional supply options. It’s testament to Peninsula’s hybrid business model that we can work physical business, alongside our reselling portfolio to optimise choice and quality for our global customer base." Peninsula’s global scale Mike Parrent said: "Elisha and I are excited to get regional physical supply flowing. The combination of Peninsula’s global scale and customer reach, combined with our expertise and insight, will bring significant value." He adds, "We’re confident that customers will put their trust in this formula and we’re proud to join Peninsula as the business continues to thrive and expand."
Peninsula, the global pioneer in marine energy solutions, is pleased to announce the successful biofuel bunkering of the containership - Yantian Express by its IMO II chemical tanker, Aalborg. The supply operation was carried out for Hapag-Lloyd in the Port of Barcelona. The 88,500 GT vessel received 2,200mt of B30 VLSFO. The sustainable biofuel used for this blend was ISCC EU-certified biodiesel derived from Used Cooking Oil (UCOME). Lower-carbon marine fuels The addition of the Aalborg to the Port of Barcelona facilitates the adoption of lower-carbon marine fuels in the Western Mediterranean. Peninsula's close working relationship with the Port of Barcelona and their encouragement of alternative fuels supply has meant that it supplies a range of bio blends and traditional fuels. These sustainable fuels are ISCC EU certified, allowing ship owners to comply with Fuel EU Maritime regulations, EU ETS reductions and to reduce their CII ratings. Conventional and alternative fuel solutions Victor Morales, Chief Commercial Officer at Peninsula, said, "We are proud to be offering a mix of conventional and alternative fuel solutions in the Port of Barcelona." He adds, "We have recently seen good demand for biofuels, and are delighted to supply Hapag-Lloyd, who are taking positive action to reduce their GHG emissions. Peninsula is providing a broad range of solutions, as we partner with forward-thinking shipping companies, like Hapag-Lloyd, on the road to net zero."
Peninsula, the global pioneer in marine energy solutions, is pleased to announce the successful LNG bunkering of the car carrier - Thor Highway by their LNG bunker vessel, Levante LNG. The supply operation was carried out for their customer - “K” LINE in Gibraltar. Thor Highway The Thor Highway, operated by “K” LINE, is a newly built LNG dual-fueled car carrier chartered by the company and was delivered in 2024. The vessel is part of “K” LINE’s continued commitment to lower carbon shipping solutions. Peninsula’s Tokyo office was integral in facilitating this deal through the strong relationship built with “K” LINE locally. The operation was carried out seamlessly by the LNGBV Levante LNG The operation was carried out seamlessly by the LNGBV Levante LNG, showcasing the Peninsula's evolving lower carbon fuel offering. The smooth delivery also highlights Gibraltar and its Port Authority’s ambition to make their Port a key hub for LNG bunkering in the Mediterranean. LNG bunkering solutions Peninsula’s Head of Sustainability and Alternative Fuels, Nacho de Miguel, said, "The LNG-powered vessel order book is looking very healthy over the coming years. This further validates our decision to develop LNG bunkering solutions in the early stages of the marine fuel transition." Nacho de Miguel adds, "Due to the ever-growing experience in supplies undertaken by our Alternative Fuels, Physical, and Reselling desks, we are constantly increasing our ability to better service our customers. “K” LINE’s trust in Peninsula for supplying the Thor Highway is a testament to our growing presence in the LNG space and our ability to service customers from across the globe." Marine energy transition Peninsula remains at the forefront of the marine energy transition, offering a range of lower carbon fuel options to meet the evolving needs of the global shipping community. The company’s investment in LNG infrastructure and technology ensures that vessels like the Thor Highway can operate more sustainably, contributing to the global effort to reduce GHG emissions.