Peninsula Expands Physical Supply Network To Houston

462

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

  1. 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.
  2. Operational Timeline
    • Full operations are set to commence in December, delivering fresh supply options to the Houston area.
  3. 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.”
  4. 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.

Did you Subscribe to our daily newsletter?

It’s Free Click here to Subscribe!

Source: PENINSULA