Global Fuel Supply moves from chartering to ownership with first vessel purchase

Global Fuel Supply (GFS) has acquired its first owned tanker, marking a milestone as the company transitions from chartered tonnage to formally becoming a shipowner.

Until now, GFS has operated through chartered tonnage, including the RLO Explorer. Ownership of a dedicated tanker enhances operational control and flexibility, supporting the company’s long-term commitment to the bunker and marine energy markets, particularly in West Africa, where GFS already has a well-established presence and active physical bunkering operations.

The vessel, currently named MV Atticus and scheduled to be renamed MV Blue Alliance, will enter dry dock in Dubai to undergo a series of technical upgrades prior to entering service under the Global Fuel Supply name. Among the planned upgrades include the installation of a mass flow meter (MFM), positioning the vessel to become the first MFM-equipped bunker vessel operating in Angola. The installation is intended to support accurate fuel measurement and enhance transparency in line with emerging industry standards.

In addition, the vessel will be fitted with a ballast water treatment system in compliance with international environmental regulations.  The dry dock programme will also include general technical and safety-related works to prepare the vessel for long-term service within Global Fuel Supply’s operational framework.

“This is a moment of great pride for our company,” said Bijan Shahbaz, COO and Founder of Global Fuel Supply. “I want to thank our entire team, as this achievement would not have been possible without their hard work and commitment. Becoming shipowners has always been part of our long-term vision, and this acquisition marks an important milestone as we close out 2025 and prepare for the next phase of our growth.”

For those directly involved in operations, the milestone carries both professional and personal significance.