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01-02-2016

Gibraltar Reports Increased Bunkering Activity in 2015

The Gibraltar Port Authority says the total number of ships calling at the port for bunkers and the quantity of fuel delivered both grew during 2015.

The Gibraltar Port Authority (GPA) Friday in an emailed press release announced that its annual performance review shows that the total number of ships calling at the port for bunkers and the quantity of fuel delivered both grew during 2015.

"Whilst early days, this trend reinforces Gibraltar's position as the Mediterranean's leading bunker port and its resilience as a centre of maritime excellence," said Bob Sanguinetti, CEO and Captain of the port.

While GPA did not reveal the absolute totals, it said cruise ships calling at the port increased by over 13 percent during the year, while superyacht calls increased by about 60 percent during 2015.

"The GPA is hopeful that superyachts will increase their stays in Gibraltar once the berthing on the external part of the new marina becomes available for use," stated the organisation.

The GPA adds that it will continue it efforts to promote the jurisdiction through a joint Financial Services-Port Marketing visit to Singapore and Hong Kong in April.

The trip will be headed by the Minister for Shipping, Albert Isola, and private sector representatives.

Commenting on the Port of Gibraltar's 2015 results, Isola said "I am delighted to see such a pivotal contributor to Gibraltar's economy grow from strength to strength, particularly at a time when neighbouring ports are reporting a slowdown in activity."

In October, Ship & Bunker reported that Her Majesty's Government of Gibraltar (HMGoG) had clarified that its plans for liquefied natural gas (LNG) bunkering mean it will not be taking place onshore, but rather by an offshore LNG bunkering vessel.


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