A Global Bunker Company
Peninsula Petroleum commenced operations in 1996 when John A Bassadone identified an opportunity to commercialise the physical supply of bunkers in the port of Gibraltar. Expansion into Ceuta, the Canary Islands and Panama followed, but the Peninsula team’s dedication to customer service led its clients to request worldwide reselling services. The company’s global expansion of reselling offices commenced in 2001 and Peninsula continues to open new offices wherever we can add value to our customers as long as we can employ the best people to deliver this service.
Going Back to Our Roots
Peninsula Petroleum commenced operations as a physical supplier and our ‘supply DNA’ has surfaced again with the expansion of our supply operations into the ports of Houston, New Orleans, Barcelona, Malaga, Algeciras, ARA (Antwerp, Rotterdam, Amsterdam) and Los Angeles/Long Beach. In addition Peninsula has significantly expanded its supply operation in Panama (Balboa & Cristobal) to become the leading local supplier by volume. More recently, we have physical supply in the Canary Islands, Malta and in Tarragona.
Peninsula is not driven by market share or volume growth. These are simply the benefits of serving our customers to the best of our ability. Financial stability and security are vital components of any successful global bunkering operation and Peninsula is proud to feature the world’s leading commodity banks as finance partners and to have our debtor book fully credit insured. Risk awareness is part of the Peninsula culture and ensures that we are a rock solid counterparty for customers and suppliers alike.