News

Significant increase in sales volume

27.06.2007 - Hamburg:

For the Mabanaft group, 2006 was one of the best years ever. Both trading volumes and profits increased significantly beyond those of previous years. Overall sales volume increased to 20 million tons, a plus of 18 percent compared to 2005.

Mabanaft’s continuing success is based on its strong platform in northwestern Europe and its fast-growing international trading activities, combined with professional risk management and a focus on physical oil trading. A unique access to infrastructure allows Mabanaft to react flexibly and successfully to swiftly changing market conditions, as well as to customers’ individual needs.

In future, Mabanaft will continue to seek increasing the volume traded, widen its geographical spread and its product portfolio.

Mabanaft GmbH & Co. KG is the trading division of Marquard & Bahls AG, which is one of the largest privately owned oil companies. Through its subsidiaries and representative offices, Mabanaft is well positioned in all important regions worldwide. As the leading independent importer and wholesaler in northwestern Europe, the company is responsible for maintaining constant market liquidity. At the international level, Mabanaft is active as a cargo and barge trader.

For more information on Mabanaft and Marquard & Bahls, please visit www.mabanaft.com and www.mbholding.com.

For additional information on this press release, please contact:

Mabanaft GmbH & Co. KG
Dr. Christian Flach
Geschäftsführer
Tel.: +49-(0)40-370 04-0
Fax: +49-(0)40-370 04-352
e-Mail: Christian.Flach@mabanaft.com
Admiralitätstraße 55
20459 Hamburg
Germany