Maduro Holding B.V. is the

holding company A holding company is a company whose primary business is holding a controlling interest in the securities of other companies. A holding company usually does not produce goods or services itself. Its purpose is to own shares of other companies ...

of the Maduro Group, a

Dutch Caribbean The Dutch Caribbean (historically known as the Dutch West Indies) are the territories, colonies, and countries, former and current, of the Dutch Empire and the Kingdom of the Netherlands in the Caribbean Sea. They are in the north and south-wes ...

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 The Panama Canal ( es, Canal de Panamá, link=no) is an artificial waterway in Panama that connects the Atlantic Ocean with the Pacific Ocean and divides North and South America. The canal cuts across the Isthmus of Panama and is a conduit ...

and the discovery of oil in the nearby

Maracaibo Basin The Maracaibo Basin, also known as Lake Maracaibo natural region, Lake Maracaibo depression or Lake Maracaibo Lowlands, is a foreland basin and one of the eight natural regions of Venezuela, found in the northwestern corner of Venezuela in South A ...

, the port of Willemstad became a regional energy hub. During

World War II World War II or the Second World War, often abbreviated as WWII or WW2, was a world war that lasted from 1939 to 1945. It involved the vast majority of the world's countries—including all of the great powers—forming two opposin ...

, Willemstad's port was the primary supplier of fuel to the

Royal Air Force The Royal Air Force (RAF) is the United Kingdom's air and space force. It was formed towards the end of the First World War on 1 April 1918, becoming the first independent air force in the world, by regrouping the Royal Flying Corps (RFC) and ...

during the North African Campaign and it remains an important refining center. In 1916, Maduro and local financier Joseph Alvarez-Correa founded Maduro's Bank, the predecessor to

Maduro & Curiel's Bank Maduro & Curiel's Bank (MCB) is a private Dutch Caribbean bank and financial services provider headquartered in Willemstad, Curaçao that operates 23 branches and specializes in insurance brokerage, consumer banking, trust, private banking and cor ...

External links

*Maduro Shipping Grou

*Maduro Trave

*Maduro Travel Arub

References

{{reflist Holding companies of Curaçao