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Bunkers International focuses on expansion

Paul Pappaceno joins US-based company as VP Business Development and Strategic Initiatives

Florida, US-based Bunkers International Corp says Paul Pappaceno is to join Bunkers International as Vice-President of Business Development and Strategic Initiatives with responsibility for helping to develop the company’s marine fuel business and other interests globally. , Formerly Vice-President of Bunker Trading at Asamar Inc Mr Pappaceno has over 23 years of experience in the bunker industry as a trader and bunker executive.

“We are very excited to have an executive of Mr. Pappaceno’s calibre join the firm,” said John Canal, CEO of Bunkers International. “He is well-respected throughout the industry, will have a strong positive impact, and will help us continue to expand our footprint domestically and internationally.”

 

“Bunkers International is a well-respected global brand”, said Mr. Pappaceno, “The company has the resources it needs, a great team, and is well-positioned for growth. I’m excited to be a part of that and I’m looking forward to helping the company succeed.”

 

Bunkers International has been expanding operations globally since 2000, creating new operations in Colombia, New York, the UK, Singapore, Turkey, Malta, and South Africa. The company has significantly increased its trading division, helping drive a six-fold increase in revenue in the past four years. With strong capitalization, a global customer base of thousands of ship operators, and supply operations on both coasts of Colombia, the company says it is well-positioned to serve the South American market.

 

Added 24 November 2010 in the category: Company Talk

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