Bomin Group Winds Up Singapore Bunker Unit

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Global marine fuel supplier Bomin Group has finally wound up its Singapore bunkering unit, having shuttered its physical supply operation there more than two years ago, reports Ship & Bunker.

What Happened?

Bomin Bunker Oil Pte Ltd is going through voluntary liquidation, according to a notice posted in Singapore’s Government Gazette on Friday. Any creditors of the firm have a month to send their contact details to Bomin’s lawyers.

Bomin announced in September 2018 that it was exiting the Singapore market as part of a wider retreat from bunkering. Bomin was Singapore’s 15th largest bunker supplier by volume in 2017.

Parent company Mabanaft has also wound up a sister company to Bomin in the Singapore market, Matrix Marine Fuels.

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Source: Ship & Bunker