Fuel Oil News October 2018 | Page 11

In Conversation Taking strategic action FUEL OIL NEWS RECENTLY VISITED THE PORT OF BLYTH TO SEE THE GEOS GROUP’S TERMINAL FIRST HAND. SPECIALISTS IN MARINE GAS OIL SUPPLY AND DISTRIBUTION, THE GROUP IS NOW THE LARGEST INDEPENDENT MARINE FUEL SUPPLIER IN THE UK Keen to learn more about the company’s Sea Bunkering’s trading origins, and to discover what prompted the move into a physical fuel supply, editor Jane Raphael met with managing director Barry Newton and commercial director Adrian Proctor, both based at the company’s Henley-on-Thames head offi ce. Barry, who had previously worked with Phillips 66, joined Sea Bunkering in the city of Hull back in the 1990s with the emphasis fi rmly on oil trading. “In those pre-internet days selling marine fuel literally meant driving to the port to ask if anyone needed it! Whilst our fuel supply was then sourced through a network of physical suppliers,” explained Barry. “The biggest change to this market has been the internet which moved the industry from local to global – going into physical storage was an opportunity that we just had to take.” The Blyth terminal – wholly-owned by the Geos Group – was opened in 2015 in a port which had previously been without any fuel provision. The project was led and managed by Liz Winship who now works alongside the terminal’s operations manager, Norman Donaldson and three operatives. “From a strategic point of view, it is best that we control our own fuel stocks,” explained Adrian. “Having a physical footprint gives us far better fl exibility to meet customer demand and to be much more proactive on sales. Additionally, many of our customers work in environments where fuel is needed very quickly, particularly if another energy source fails.” Adrian Proctor (l) and Barry Newton at the Geos Group’s terminal in the Port of Blyth Working in partnership Partnerships are very important to the Geos Group – for several years the company has worked closely with energy logistics specialist, Peterson (UK) which has tanks at sites in Aberdeen, Lerwick, Heysham and Great Yarmouth. In addition to the above locations, Geos also stores fuel at Montrose and Peterhead, the latter being the largest fi shing port in Europe for landing white fi sh. Presently being revamped, the expectation is that much larger fi shing vessels will use Peterhead in the future. With its Humber refi nery well-positioned on the east coast, Phillips 66 is the Geos Group’s main fuel supplier. In January 2018 Geos also commenced marine deliveries for Phillips 66, with fuel distributor partner Par Petroleum undertaking road transportation. “Loading at Blyth, Par’s drivers know the contracts we’re working on and provide an excellent interface with customers,” added Adrian. With respect to shipping, the company has undertaken both short and long-term charters. Geos now utilises the Thun Grace, a 5,800 tonnes capacity coastal tanker operated by Thun Tankers which works across the east coast. From Great Yarmouth fuel is also delivered to the Thames and Shoreham. “Being a big fi xed cost, it was a major step to bring in a long-term vessel but the carrying capacity of this vessel suits our business, plus the crew are fantastic and very proactive,” said Adrian. Continued on page 12 Fuel Oil News | October 2018 11