Maduro Holding Explained

Maduro Holding B.V.
Type:Private
Foundation:1837
Founders:Salomon Elias Levy (S.E.L.) Maduro
Num Employees:≈100
Industry:Shipping, Logistics, Real Estate, Tourism

Maduro Holding B.V. is the holding company of the Maduro Group, a Dutch Caribbean business with interests in shipping services, logistics, and real estate.

History

S.E.L. Maduro was founded in 1837 as a trading company between local Caribbean ports. Following the opening of the Panama Canal and the discovery of oil in the nearby Maracaibo Basin, the port of Willemstad became a regional energy hub. During World War II, Willemstad's port was the primary supplier of fuel to the Royal Air Force during the North African Campaign and it remains an important refining center.[1]

In 1916, Maduro and local financier Joseph Alvarez-Correa founded Maduro's Bank, the predecessor to Maduro & Curiel's Bank.[2]

External links

Notes and References

  1. News: Isla refinery, Curacao . vrcurassow.com . February 15, 2007 . August 10, 2012.
  2. News: MCB, Roots of Our Future . Curaçao Chamber of Commerce & Industry . December 11, 2002 . February 26, 2015.