Suttons Tankers will not be seeking to renew its current contract for the supply of bulk sugar products with British Sugar Plc when its current contract expires later this year.
This was concluded following a review of Suttons UK activities and reflects the company’s desire to focus on its core business in the hazardous chemicals, gases and fuels sectors. It follows Suttons acquisition of Imperial Tankers in September 2014, which increased the Suttons ADR network fleet to in excess of 700 road tankers.
This decision will end an eight-year relationship between the two companies.
Michael Cundy, Managing Director at Suttons Tankers, said: ‘’We have valued the relationship with British Sugar over the last 8 years, it nevertheless serves in the best interests of the company to have a clear focus on developing our core activities in the hazardous chemicals, gases and fuels sectors. We have agreed to continue beyond the end of the contract to ensure British Sugar have time to find a suitable replacement.’’
Read the article online at: https://www.drybulkmagazine.com/dry-bulk/20062016/sutton-tankers-to-end-bulk-sugar-contract-with-british-sugar/