Greek marine fuel trader and broker Premium Bunkering has been shut down following the departure of its managing director, reports Ship & Bunker.
Premium bunkering shuts down
The firm has been closed now that its founder and managing director, Panayotis Bachtis, has taken up a new job running ZeroNorth’s Piraeus office, a representative told Ship & Bunker on Tuesday.
Bachtis founded the firm in 2015 with several former OW Bunker staff from Greece and elsewhere in the Mediterranean.
- The Greek bunker market took a sharp hit in 2020 with a significant reduction in bunker volumes from cruise and passenger vessels.
- This demand is unlikely to return until lockdown measures stymieing the tourism industry across Europe are eased.
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Source: Ship & Bunker
