What Groep De Wit does

Groep De Wit is a Belgian family-owned maritime services group headquartered at Asiadok-Oostkaai in Antwerp, founded in 1947 by Charles De Wit and now in its fourth generation of family leadership. The group operates six wholly-owned subsidiaries under Charles De Wit Holding NV: De Wit Bunkering NV (inland shipping fuel and water delivery), Belgian Trading & Bunkering BV (seagoing vessel bunkering in the FARAG region), De Wit Transport BV (niche liquid tank transport with four tank trucks), Nassau Scheepsbenodigdheden BV (ship supplies and chandlery retail from a 1,000+ m² shop), Nassau Technics NV (yacht maintenance and repair), and Antwerp Nautical Center (full-service offering for recreational boaters). The group runs an owned fleet of 15 bunkering ships serving inland waterways and major seagoing ports.

The core business is the physical delivery of marine fuels — gas oil, lubricating oil, AdBlue, alternative fuels including methanol, and drinking water — directly to vessels at berth or along waterways. Revenue is generated through transactional volume-based pricing typical of commodity fuel distribution, complemented by retail ship-supply sales, professional maintenance services, and tank transport fees. The company has begun positioning for the maritime energy transition with methanol deliveries to Port of Antwerp-Bruges (2024) and bulk AdBlue/AUS40 supply (2024), and added a digital ordering channel via the My De Wit Bunkering App (2023).

The go-to-market is B2B sales-led and direct, with field personnel — including ship captains — interacting with fleet operators during deliveries, supplemented by a professional website, downloadable brochures, and an events program (Antwerp Nautical Event). The stated revenue is €400 million, the group employs 75+ people, and customer segments span inland navigation operators, seagoing vessel operators, industrial clients (including Tereos and Port of Antwerp-Bruges), and pleasure-craft owners across Belgium and the wider ARA region. Management is led by Tim Peeters (CEO, appointed 2019), Peter De Wit (Managing Director), and Luc Eyckmans (CFO), with family members Ilse Sambaer (HR), Seppe De Wit (Project Management & Business Controller, joined 2024), and Wannes De Wit (joined 2025) in operational roles.

Name

Groep De Wit

Legal name

Groep De Wit

Website

https://groepdewit.com

Company type

Private

Founded year

1947

Operating status

Operating

Short description

Groep De Wit is a fourth-generation Belgian family-owned maritime group that supplies marine fuels, lubricants, alternative fuels, ship supplies, tank transport, and yacht maintenance to inland, seagoing, industrial, and pleasure-craft customers across Belgium and the ARA region. Founded 1947.

Ownership category

akta.pro rank

Product category

Marine Bunkering Services

NAICS

Petroleum Bulk Stations and Terminals (424710), Oil and Gas Extraction (2111), Marine Cargo Handling (48832), Marine Cargo Handling (488320)

SIC

Wholesale-Petroleum Bulk Stations & Terminals (5171), Water Transportation (4400)

akta.pro primary industry

Bunker Barge & Delivery Operations (STS, Safety, Scheduling) (TLAHAKAG)

akta.pro secondary industries

Conventional Marine Fuel Bunkering (HFO/VLSFO/MGO/ULSFO) (TLAHAKAA), Marine Bunkering & Port Fuel Supply (EUALAIAG), Marine Fueling & Engine Fluids Retail (Oil, Additives, Lubricants) (CRAMAIAK)

Keywords

• Marine fuel bunkering
• Ship chandlery supplies
• Tank transport services
• Yacht maintenance services
• Industrial lubricants

Headquarters

HQ city

Antwerp

HQ country

Belgium

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Supply Chain, Operations, Personnel, Marketing or Sales, Technology or R&D

Revenue model

1. Bunkering Services: Fuel delivery (gas oil, lube oil, AdBlue, alternative fuels, methanol, drinking water) to inland navigation, seagoing vessels, and industrial customers. Core revenue driver with own fleet of 15 ships.
2. Maritime Supplies Retail: Sale of ship supplies (rope, life vests, navigation equipment) to inland navigation and yachting sectors through Nassau Scheepsbenodigdheden.
3. Tank Transport: Niche liquid transport services via De Wit Transport, serving specialized tank shipping market.
4. Maintenance and Repair Services: Maintenance and repair services for yachting and own fleet of vessels through Nassau Technics and Antwerp Nautical Center.

Go-to-market motion1 record

Distribution channels3 records

Marketing channels6 records

Core offering

Groep De Wit supplies marine fuels, lubricants, ship supplies, and technical services for inland vessels, seagoing ships, and pleasure craft. The group operates bunkering stations, inland tank transport, retail ship chandlery, and yacht maintenance services through six specialized subsidiaries serving maritime and industrial customers in Belgium and the surrounding region.

Product overview

Groep De Wit is a maritime group offering a diversified portfolio of products and services for inland shipping, seagoing shipping, and recreational yachting sectors. The portfolio includes De Wit Bunkering NV (fuel and drinking water supply to inland vessels and industry), Belgian Trading and Bunkering NV (seagoing vessel bunkering), De Wit Transport NV (specialized tank transport), Nassau Scheepsbenodigdheden NV (ship supplies retail), Nassau Technics NV (yacht maintenance and repair), and Antwerp Nautical Center (recreational boating services). The group functions as a one-stop-shop for innovative and efficient solutions in the maritime world, providing professional and flexible delivery of quality products and services.

Differentiator

Problem solved

Functional benefit

Brands

• My De Wit Bunkering App: Digital application for bunker ordering and management launched in 2023

Products and services

• De Wit Bunkering

Named customers4 records

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

One partnership is on record.

• TotalEnergiescoreStrategic or Co-development Partner · 1 January 2021Appointment of TotalEnergies distributor and Bart Van Stappen as representative in 2021. Distributor of TotalEnergies products including AdBlue and automotive fluids.

Scale indicators7 records

Recent moves11 records

Expansion highlights6 records

Direct peers

• GAC Bunker Fuels: Bunker trading and physical supply arm of GAC Group with strong presence in ARA and Mediterranean ports. Competes head-to-head with Belgian Trading & Bunkering for seagoing vessel customers in the same geographical corridor.
• Cockett Marine Group: Independent marine fuel and commodity trader with physical supply capabilities across major bunkering hubs. Competes with Groep De Wit in supplying seagoing vessels through brokered and direct bunker delivery arrangements.
• Den Hartog Logistics: Dutch-based liquid bulk road tanker operator serving the Benelux market. Directly comparable to De Wit Transport for niche inland tank transport of industrial liquids, chemicals, and fuels.
• Peninsula Petroleum: One of the largest independent bunker suppliers globally with significant ARA presence. Directly competes with Groep De Wit in physical marine fuel delivery to seagoing and inland operators using owned and chartered tonnage.

Broad incumbents

• Mabanaft (formerly Bomin Bunker): Major German bunker and fuel supplier within the Marquard & Bahls group, active throughout NW Europe. Direct overlap with Groep De Wit's seagoing fuel business and customer base in the ARA/FARAG hub.
• Bunker Holding: World's largest marine fuel supplier and physical bunker supplier operating a global network of barge fleets. Comparable to Groep De Wit as a large-scale, asset-based marine fuel distributor serving shipowners and operators across multiple regions.
• TotalEnergies Marine Fuels: Global marine fuels division of TotalEnergies — also Groep De Wit's distribution partner since 2021. Overlaps in conventional and alternative marine fuels globally; relevant as both supplier partner and indirect competitor in ARA.

Regional players

• Woudsend Watersport: Dutch/Benelux marine chandlery and watersport retail group serving inland and pleasure boating. Comparable to Nassau Scheepsbenodigdheden and Antwerp Nautical Center in the yachting and inland-navigation supplies segment.
• Varo Energy: Antwerp-based downstream energy company active in fuel refining, distribution, and retail across NW Europe. Overlaps with Groep De Wit's bunkering and AdBlue/AUS40 industrial fuel business from the same home market.

Emerging players

• KPI OceanConnect: Growing physical and trader bunker supplier with expanding ARA presence and a digital procurement platform. Adjacent in marine fuel distribution but competing on technology and pricing transparency versus Groep De Wit's traditional model.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/groepdw
• LinkedInlinkedin.com/company/groepdw
• Instagraminstagram.com/groepdw

Revenue estimate

Valuation estimate

Number of profiles

Profiles8 records

Subsidiaries7 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Groep De Wit