Peninsula, a leading global marine energy supplier, has announced its expansion into the Houston market and surrounding areas, marking a significant milestone in its growth strategy. The company’s re-entry into Houston is poised to strengthen its physical supply network and enhance service delivery for regional and global customers.
Key Highlights
- Strategic Leadership
- Based in Houston, Mike Parrent joins Peninsula as Physical Desk Manager, bringing extensive expertise in physical supply and market insights.
- Elisha Frank takes on the role of Operations Executive, ensuring seamless operational execution.
- Both leaders are recognized for their deep industry experience and trusted relationships with global customers.
- Operational Timeline
- Full operations are set to commence in December, delivering fresh supply options to the Houston area.
- Peninsula’s Hybrid Business Model
- The Houston expansion underscores Peninsula’s ability to integrate its physical supply capabilities with its reselling portfolio, providing optimized solutions tailored to diverse customer needs.
- John A. Bassadone, CEO of Peninsula, emphasized its commitment to quality and choice, stating: “It’s testament to Peninsula’s hybrid business model that we can work physical business alongside our reselling portfolio to optimise choice and quality for our global customer base.”
- Customer-Centric Approach
- The combination of global scale, local expertise, and regional focus positions the Peninsula to deliver exceptional value.
- Mike Parrent highlighted this synergy, saying: “The combination of Peninsula’s global scale and customer reach, combined with our expertise and insight, will bring significant value.”
Peninsula’s return to Houston signifies a renewed focus on enhancing physical supply in a key strategic market. This move is expected to provide customers with more flexible and reliable fuel supply options while reinforcing Peninsula’s reputation as a trusted partner in the marine energy sector.
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Source: PENINSULA
