Sea Oil acquires bunker trading business of Pro Fuels

Bangkok-based bunker trading company Sea Oil has announced its Singapore subsidiary Sea Oil Petroleum has acquired Norwegian company Pro Fuels’ trading business and operations.

Pro Fuels, established in Norway in 2018, will be renamed Sea Oil Petroleum AS, and its employees will remain with the new company.

“Our growth has been steady as expected, and we have for a period now been looking for a solid partner to take our business to the next step. To find a partner, who believed in us, and want to support and further grow the business through the way we have been doing business for the last few years, was important to us,” said Kennet Bollerød, General Manager at Sea Oil Petroleum AS.

“I’m pleased to welcome the Norwegian team into our family. Their addition to the team will allow us to reach out to new markets which is an important part of Sea Oil’s expansion strategy,” said Koh Kuan Hua, director of Sea Oil Petroleum.

Jason Jiang

Jason is one of the most prolific writers on the diverse China shipping & logistics industry and his access to the major maritime players with business in China has proved an invaluable source of exclusives. Having been working at Asia Shipping Media since inception, Jason is the chief correspondent of Splash and associate editor of Maritime CEO magazine. Previously he had written for a host of titles including Supply Chain Asia, Cargo Facts and Air Cargo Week.
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