Chemoil Energy Limited1 (Chemoil) is an integrated physical supplier of marine fuel products. Chemoil acts as a gas station for ships, providing fuelling services to its customers. The Company owns or leases terminal capacity for the storage and blending of fuels and barging facilities for the delivery of marine fuel, which allows for the integration of marine fuel delivery service in each of the markets that it serves.
Through its associated company, IPC (USA), Inc., Chemoil also markets jet fuel to United States and international commercial airlines in the United States and markets and sells gasoline and diesel fuel to independent retail stations and other customers, including delivery services and other industrial users. In June 2006, Chemoil acquired the remaining 50% equity interest in Chemoil Europe B.V. (formerly Allround Fuel Trading Chemoil B.V.). On August 31, 2006, the Company acquired Chemoil Corporation, a subsidiary.
|Industry||Crude Oil/Natural Gas|
|Address||Level 28, Three Pacific Place 1 Queen's Road East Hong Kong Hong Kong|
- September 30, 2008 -Chemoil eyes 50% of bunker market in India's Gulf of Kutch2 - SINGAPORE-LISTED marine fuel supplier Chemoil Energy aims to capture almost half the bunker market in India's Gulf of Kutch in the next five years, a senior executive told Reuters in an interview.