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Global Ship Lease secures $268m facility for debt refinancing
by Jason Jiang
Friday, September 20, 2019

UK-based containership charter owner Global Ship Lease (GSL) has agreed a new syndicated $268m credit facility with a number of commercial lenders including Credit Agricole Corporate and Investment Bank, ABN AMRO Bank, CIT Bank, Hellenic Bank and Siemens Financial Services. The company will use the proceeds from $230m of first tranche refinancing to repay five […]

Weekly Bunker: MGO differential narrows
by Ishaan Hemnani
Friday, September 20, 2019

What a crazy week. November Brent hit highs of $69 before ‘stabilising’ around $64.50. Unsurprisingly this caused huge swings in the bunker market, with delivered bunkers in Singapore hitting highs of over $580 on Tuesday. At this point MGO was at $616, meaning the cost to switch to MGO was only $33. HSFO still remains […]

Dynagas LNG Partners secures $675m refinancing
by Jason Jiang
Friday, September 20, 2019

George Procopiou-led Dynagas LNG Partners has secured a syndicated loan of $675m from a group of international banks. The credit facility will be secured by mortgages on the partnership’s entire fleet of six LNG carriers. The loan, together with extra cash, will be utilised to repay the all partnership’s existing debt of $720m in total. […]

Borealis Finance acquires panamax boxship from Thomas Schulte
by Jason Jiang
Friday, September 20, 2019

Christoph Toepfer-led Borealis Finance has announced the acquisition of 2012-built 4,249 teu containership . The Chinese-built vessel was acquired from German owner Thomas Schulte for a price of $10.9m. MSI values the vessel at . The vessel is Borealis Finance’s first purchase this year, having sold three panamax boxships since May. Borealis Finance currently owns […]

Major Shipping Groups Air Fresh Concerns Over IMO2020 Enforcement
by Ship Bunker
Thursday, September 19, 2019

WSC says reports some nations may willful not enforce are "disturbing".

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Clipper Oil is a worldwide wholesaler of marine fuels and lubricant oils specializing in supplying vessels throughout the Pacific Ocean. Operating internationally from our headquarters in San Diego, California, USA, we serve the bunkering needs of all sectors of the marine market. This includes fishing fleets, ocean-going yachts, cruise ships, cargo ships, military/government/research vessels, and power plants.

Clipper-Shipyard-SupplyClipper Oil’s predecessor, Tuna Clipper Marine, was founded in 1956 by George Alameda and Lou Brito, two pioneers in the tuna fishing industry. Tuna Clipper Marine’s first supply location was in San Diego, California, USA where they serviced the local fishing fleet.

Established in 1985, Clipper Oil was formed to serve the needs of marine customers in the Western Pacific as vessels shifted their operations from San Diego. Clipper Oil has been a proven supplier of quality marine fuels, lubricants, and services to the maritime community for over 25 years, serving many ports throughout the Pacific Ocean. We maintain warehouses in Pago Pago, American Samoa; Majuro, Marshall Islands; and Pohnpei, Federated States of Micronesia. We also have operations in the Eastern Pacific in Balboa/Rodman, Panama and Manta, Ecuador. We supply marine vessels and service stations with fuel, lubricant oil, salt, and ammonia. We also supply our customer’s vessels with bunkers at high-seas through various high-seas fuel tankers in all areas of the Pacific Ocean.

The Tuna Clipper Marine Pier
in San Diego Bay (1980).
Throughout the years, Clipper Oil has grown from a small marine distributor in San Diego to a worldwide supplier of marine fuels and lubricants. Clipper Oil offers a broad diversity of products and services and are active buyers and suppliers of petroleum products. It is this combination that gives us the edge in market intelligence needed to develop the best possible pricing for our clients.

Our daily monitoring of both the current and future oil market enables our customers to take advantage of market pricing on an immediate basis. This enables Clipper Oil to provide the best current and long term pricing for our customers.

Clipper Oil supplying the USCG Rush ex.
pipeline at the fuel dock
in Pago Pago, American Samoa (2013).
Clipper Oil offers the following to our customers:

All of the products we supply meet international specifications and conform to all local regulations.

With our many years of experience in the marine sector, Clipper Oil understands the attention to detail and operational performance vessels require during each port of call.

As a proven reliable and reputable supplier of marine fuel and lubricants, we welcome the opportunity to meet your vessel's needs. Please contact us for all of your marine energy and petroleum needs.

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