Press Releases

Singapore
May 18, 2017

Matrix Bharat Launches Physical Operations in Mumbai

Matrix Bharat Pte. Ltd. (MXB), a leading supplier of marine fuels in India, starts physical operations in Mumbai. In conjunction with this, MXB has commenced operations on Jawahar Dweep, an island off the south-eastern coast of Mumbai. This development strengthens the company’s position and creates the foundation for further growth.

MXB is a joint venture between Matrix Marine Fuels and Bharat Petroleum Corporation Ltd. (BPCL), one of India’s largest PSU (=state owned) oil refining and marketing companies.

The company will provide customers with physical products at Mumbai’s Outer Port Limits (OPL), servicing vessels that are waiting to berth, as well as vessels making bunker-only-calls. As well as maximizing efficiencies within the delivery process, vessels calling for marine fuel oil only will also benefit from paying reduced port charges.  

MXB will utilize BPCL’s total tank storage capacity of 72,000 mt, initially operating one tank storing 32,000 mt of fuel products, which is the largest in Mumbai. BPCL will also take responsibility for ensuring the highest standards in infrastructure, including storage tanks, product placing and pipeline delivery. This will further enhance MXB’s physical delivery services, and the ability to provide customers with a reliable supply of quality products with maximum efficiency.

Five bunker barges, ranging in size from 650 mt to 1,200 mt, will support the physical operations in Mumbai. Bunker barge loading at Jawahar Dweep will take place from Berth No. 2, where the pipeline is fitted with marine loading arms, which enables MXB to connect to the barge manifold in just 30 minutes, and has a flow rate of 850 mt per hour maximizing the speed of delivery. Bunker barge loading is also available 24 x 7 x 365, enabling MXB to undertake bunker deliveries in a shorter lead-time.

MXB will be able to provide customers with quality products, including IFO 380cst RMG 380 (ISO 8217:2005 and 2010), and are in discussions with BPCL to operate one storage tank with a capacity of 8,000 mt for marine gasoil (MGO) supply in the near future.

Commenting on the development, Ashok Sharma, India Head (Marketing Support & Supplies) MXB, said: “The launch of physical operations in Mumbai OPL is in line with our growth strategy, utilizing the storage and supply strengths of our joint venture companies, and providing customers with the best possible marine fuel products and services. Our focus is based on providing cost efficiencies for our customers, while ensuring the highest levels of supply, from order through to delivery. In addition to our operations in India, we are also able to provide services to other ports east of Suez, including Fujairah, Singapore and Sri Lanka.”

For more information related to bunkering at MXB’s operations in India, contact:

+91 75 06646380+91 75 06646180bunkersmatrixbharat.com


Matrix Bharat Pte. Ltd. (MXB) is a joint venture between Matrix Marine Fuels, a subsidiary of Mabanaft, and Bharat Petroleum Corporation Ltd. (BPCL), one of India’s largest PSU oil refining and marketing companies. The company offers physical delivery services in Singapore and India.   www.matrixbharat.com

Mabanaft GmbH & Co. KG is a subsidiary of Marquard & Bahls, a Hamburg-based family-owned company that operates in the fields of energy supply, trading and logistics. Mabanaft’s business encompasses the import and wholesale of petroleum products. Furthermore, the company is active in bunker services, end-consumer business, lubricants, and biofuels.   www.mabanaft.com 

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