This is a legacy page. Please click here to view the latest version.
Wed 1 Jun 2016 08:03

South Korea's KTB Oil joins KPI Bridge Oil Group


Newly named KPI Bridge Oil South Korea is headed up by Minah Kim.



KPI Bridge Oil, a global trader and broker of marine fuels, marine lubricants and risk management products, has announced that South Korean firm KTB Oil Corp has become a member of KPI Bridge Oil Group as of June 1, 2016.

In a statement, KPI Bridge Oil said: "The merger is part of the company's growth strategy for 2016 and will enhance KPI Bridge Oil's East Asian market leverage, complementing the group's long established Singapore presence."

The merger comes a year after the group's acquisition of Denmark-based Trumf Bunker - which recently became a fully fledged physical supplier - and the establishment of a new office in Greece in December.

Commenting on KTB's standing in the bunker market, KPI Bridge Oil stated: "KTB has earned a strong reputation in South Korea and the wider East Asian Market since its establishment by Minah Kim in 2006."

Minah Kim, KTB's managing director up until the merger, and managing director of newly named KPI Bridge Oil South Korea, remarked: "We are extremely pleased to join the KPI Bridge Oil group. Our experienced and professional team will benefit immensely from the increased capabilities and opportunities that comes with joining a strong global organisation which has an extensive network of partners around the world and is renowned for its efficient and people focussed organisation."

Carsten Ladekjaer, CEO of KPI Bridge Oil Group, commented: "The KPI Bridge Oil brand enjoys a sound reputation worldwide for its solid performance and excellent track record in servicing some of the world's finest shipping companies for more than 45 years. We are honoured to welcome the former KTB team into our group. This merger will further strengthen the KPI Bridge Oil brand in a consolidating market and it will position us even stronger to meet today's demands of the highest level of service from financially secure and safe counterparts."


Chart showing Singapore’s trailing 12-month bunker sales (TTM). Record-breaking 12-month bunker sales in Singapore hit 55.38m tonnes in August 2025  

Rolling 12-month bunker sales at the world’s largest bunkering hub reached an all-time high, underscoring a broader upward trajectory.

Illustration of the Explora V, Explora Journeys' fifth ship. Destinations revealed for 2027 launch of LNG-powered Explora V  

Fifth vessel in Explora Journeys fleet to make calls in Mediterranean, then travel east to Red Sea and Arabian Peninsula.

Yang Ming and Hanwha Ocean contract signing ceremony. Yang Ming orders seven LNG dual-fuel container ships from Hanwha Ocean  

Taiwanese shipping line contracts Korean shipbuilder for 16,000 TEU vessels with ammonia-ready capability.

Amogy and KBR sign MoU at Gastech 2025. Amogy partners with KBR to advance ammonia cracking catalysts for hydrogen production  

MoU focuses on evaluating ruthenium catalysts for offshore and industrial hydrogen applications.

Coral Energy, part of Anthony Veder's LNG carrier fleet. Anthony Veder and Gasum expand bio-LNG partnership for FuelEU Maritime compliance  

Two LNG carriers join Nordic energy company's compliance pool as surplus generators.

Illustration of Singapore's first floating LNG terminal. ABB wins contract to power Singapore's first floating LNG terminal  

FSRU will enable Singapore to boost its LNG importing capacity by 50 percent.

Bunker Partner homepage. Bunker Partner appoints trader in Dubai  

Marine fuel trading and broking company expands UAE team.

Fratelli Cosulich 2025 Bunker Meeting. Cosulich Marine Energy team meets in Monaco to discuss latest industry developments  

Members of Marine Energy division analysed strategies, methanol investments and evolving regulatory framework.

Monjasa MOST trainees. Monjasa trainee programme sees 97% surge in applications  

Marine fuel seller receives 1,530 applications for 2025, nearly double previous years.

Anothony Veder's ethylene carrier Coral Patula. Nissen Kaiun invests in wind-assist technology firm Econowind  

Investment highlights growing industry interest in fuel-neutral wind propulsion technologies.


↑  Back to Top