Singapore-headquartered tanker operator Hafnia announced the official operational launch of Seascale Energy – a bunker procurement joint venture between Hafnia and partner Cargill.
The collaboration combines Hafnia’s Bunker Alliance with Cargill’s existing bunker business Pure Marine Fuels to create “one of the largest and most innovative marine fuel procurement platforms globally”.
Seascale Energy aims to set a new standard for marine fuel procurement by delivering considerable cost efficiencies, transparency, and access to sustainable fuel innovations.
By consolidating bunker purchasing volumes, the venture will secure even more competitive pricing and terms while providing tailored procurement solutions to meet its customers’ diverse needs. It will also offer an expanded global port network, giving customers a consistent, high-quality fuel supply worldwide.
Peter Grünwald, CEO of Seascale Energy, said: “Seascale Energy – the 50/50 joint venture between Cargill Pure Marine Fuels and the Hafnia Bunker Alliance is officially open for business.
“Since announcing the joint venture back in February, the market response has been overwhelmingly positive.
“Now it’s time to get started and hit the ground running – kicking off a new chapter with a combined alliance of like-minded customers focused on efficiency and transparency in bunker procurement,” he said in a social media post.
Over 25 team members from Cargill and Hafnia will operate under Seascale Energy from Singapore, Geneva, Copenhagen, and Houston.
One of them is Kasper Sorensen who announced starting a new position as Head of Marine Fuels Sourcing, East at Seascale Energy. He was previously the general manager of Hafnia Bunkers.
Source: Manifold Times