13NOV2019 - NEWS - Peninsula plans to double VLSFO supply to 600,000 by year-end

Peninsula Petroleum said it plans to double deliveries of very low-sulfur fuel oil (VLSFO) to 600,000 tonnes by the year-end, just before new shipping rules take effect globally to restrict sulfur emissions. “To date we have delivered 300,000 tonnes of VLSFO in our physical supply ports of Gibraltar, Algeciras, Barcelona, Amsterdam-Rotterdam-Antwerp, Canary Islands, Malta, Panama, U.S. Gulf Coast and Los Angeles,” CEO John A. Bassadone said.

Peninsula has added seven new ships to comply with IMO2020.