The Group has been engaged in marketing and sales of marine bunkering in Shenzhen, PRC, since mid-July, 2008, it has grown to be the largest marine bunkering service provider in Shenzhen Port and its surrounding areas. The group expanded its marine bunkering service to Hong Kong, Shanghai, Ningbo and Singapore in 2009, and started operation in Zhoushan and Amsterdam-Rotterdam-Antwerp, the largest bunkering hub in Euope in January and May 2010 respectively.
To provide one-stop bunker supply service to our customers, who are mainly international liners, we have been focusing on global network mapping amongst the world’s major ports. Currently, we have operations in eleven ports worldwide, including Shenzhen, Shanghai, Ningbo, Zhoushan, Qingdao, Hong Kong, Singapore, Amsterdam-Rotterdam-Antwerp region, Tanjung Pelepas in Malaysia, New Orleans and Houston in the U.S..
The Group achieved an encouraging growth of bunker sales for the past 2 years. The marine bunkering business will continue to contribute a major proportion of the Group's revenue in the coming years. With the Group gaining recognition from existing and potential customers, together with clear development plans in place, the Group is confident that the marine bunkering business will deliver promising returns to the shareholders of the Group in the future.
Meanwhile, Brightoil has expanded its trading portfolio to a full spectrum of petroleum products, encompassing crude oil, middle and light distillates such as gasoil and others, so as to leverage on its existing resources and business network to widen the product lines and further enhance the overall profitability of the Group. It sets up offices in major trading locations in the world, including Singapore and Houston.
With the rapid development of mobile network and terminal equipment, and the changing lifestyle brought by the Internet, Brightoil has developed and launched a marine bunkering e-commerce platform to keep up with times, which enables customers to enjoy instant, convenient, efficient and transparent bunkering experience. Quote service for forward trades which synchronizes with international oil prices has been launched in August 2016, offering more competitive bunkering service to ship owners.