Press Releases

The merger of Bominflot, which will operate under the name Bomin in the future, and Matrix Marine, Mabanaft's subsidiary in the bunker business, represents an important step in the effort to combine the strengths of both companies on a sustainable and long-term basis.

For Mabanaft, this acquisition is a strategic step forward. On the one hand, the bunker business deals with transactions involving physical oil, where logistics and customer loyalty play an important role – thus this activity belongs to the strategic core competencies of Mabanaft. On the other hand, together with Bomin, the company has now acquired critical mass on the ship bunker market, and as a result will rank as one of the world’s largest bunker companies in the future. This is of great importance for those customers who operate on an international scale when it comes to their bunker needs.

The new organizational structure provides for a merger of the bunker activities of Bomin and Matrix Marine within the Bomin Group, which will be under the umbrella of Mabanaft. The individual companies will continue to operate market bunker under their existing names, which are well known.

The Managing Director of the Bomin Group is Peter Schreiber. Stefan Herde, Managing Director of Matrix Marine Holding, will also be a member of the management team of the Bomin Group.

Bomin is one of the leading independent bunker traders and suppliers with more than 35 years of experience. The business portfolio covers activities ranging from the supply of bunker fuels to lubricants, cargo trading and other services to the shipping industry. Operating around the globe with a staff of more than 300 in 36 offices worldwide, Bomin is organized into three regions, The Americas, Europe/Africa and Far/Middle East.   www.bomin.com

Matrix Marine, a subsidiary of Mabanaft, has been involved in the bunker business for almost 15 years. It has established itself as a leading independent supplier of bunker fuels and related services. Current locations are the US Gulf Coast, Singapore, Oman and India.   www.matrixmarine.com

Mabanaft is the trading division of Marquard & Bahls, Germany, a leading independent petroleum company, privately owned. The business encompasses the import and wholesale of petroleum products. Furthermore, the company is active in service stations, bunker services, heating-oil retail, lubricants, biofuels and biomass.
www.mabanaft.com