Another Greek bunker company is in trouble

Greek bunker company Macoil, a major player in the key Mediterranean ports of Gibraltar and Malta, has temporarily halted operations in the two ports, sources tell ShippingWatch. This happens a few months after competitor Agean Marine Petroleum found itself in serious problems.

Superyacht ud for Port of Gibraltar. Photo: Ritzau Scanpix/AP/David Parody

Bunker company Macoil, headquartered in Athens, has temporarily shut down its operations in the two major Mediterranean ports of Gibraltar and Malta, confirm sources with intimate knowledge of the industry to ShippingWatch.

According to Platts, the Greek company has till now been among the biggest players in the ports and has controlled half the market in Gibraltar and Malta as well as running bunker operations in Egypt.

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