June 27, 2025 — Galveston, Texas: Peninsula, the world’s leading independent marine energy supplier, has announced a significant expansion of its operations in the U.S. Gulf Coast, marking a new chapter in its global physical supply footprint. The company has Included offshore bunkering services with a strategic focus on the Galveston Offshore Lightering Area (GOLA), further strengthening its capabilities to serve the marine energy needs of vessels operating in this critical maritime hub.
This move demonstrates Peninsula’s commitment to providing high-quality, flexible, and sustainable marine fuel solutions across the Americas. With a deep understanding of regional demands and a customer-centric approach, the company is poised to deliver unmatched service reliability to a growing and diversified portfolio of clients.
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Operations Managed by Houston Physical Desk
The new offshore operation will be overseen by Peninsula’s experienced Houston Physical Desk, which brings deep regional expertise and a strong operational track record to the initiative. The supply chain will be supported by the MT Stenheim, a 16,626 DWT bunker tanker equipped to deliver a wide range of marine fuels including:
- HSFO380 (High Sulphur Fuel Oil)
- VLSFO 0.5% (Very Low Sulphur Fuel Oil)
- LSMGO (Low Sulphur Marine Gas Oil)
- Biofuels, reflecting Peninsula’s ongoing commitment to sustainable energy transition
Strategic and Operational Advantages
The new supply platform in GOLA offers a suite of benefits designed to enhance service efficiency and flexibility for customers:
- Port optionality: Seamless supply options between inshore locations like Houston and Port Arthur, and offshore via Galveston
- Market intelligence: Access to real-time data and regional insights to ensure competitive pricing and strategic supply planning
- Customer diversity: Tailored services for a wide spectrum of clients, including offshore segments and specialized vessel classes
Mike Parrent, U.S. Gulf Coast Physical Desk Manager at Peninsula, commented on the expansion;
“Our entry into the U.S. Gulf Coast market is a natural evolution of our global expansion strategy. With our experienced team, robust data insights, and flexible operations, we are well-positioned to deliver value and reliability to customers operating in one of the world’s most dynamic marine energy markets.”
Broader Gulf Reach
Beyond GOLA, Peninsula’s operational reach now extends to South Sabine and Offshore Corpus Christi, providing even broader bunkering coverage and logistical flexibility for shipowners and operators. Additionally, locations such as South West Pass and the LOOP terminal in Louisiana are within operational range and will be serviced based on client inquiries and navigational logistics.
Strengthening Global Supply Chain Leadership
This strategic U.S. Gulf Coast expansion further cements Peninsula’s status as a trusted global partner in marine fuel supply. With more than 25,000 deliveries annually across a wide network of international ports, Peninsula continues to raise the bar in reliability, efficiency, and sustainability.
About Peninsula
Peninsula is a global marine energy leader, supplying high-quality fuels to over 2,000 customers worldwide. With offices and operations in all major shipping hubs, the company supports its global fleet with seamless physical delivery, backed by a strong trading and risk management infrastructure.
Recent expansions into Abu Dhabi, Jebel Ali, and Houston highlight Peninsula’s continued commitment to strengthening its physical network. As a proponent of maritime decarbonization, the company is actively incorporating LNG and biofuels into its product offerings and continues to assess the viability of future alternative fuels to help clients meet sustainability targets.
Peninsula plays an active role in developing industry standards through participation in initiatives like ISO 8217, and remains aligned with evolving regulatory frameworks including FuelEU Maritime and the EU Emissions Trading System (EU ETS). – Peninsula – Energy Flowing
Source Peninsula