Insights & News

Bunker Holding posts best-ever annual result

Declares itself 'world's leading bunkering company' with pre-tax profit of $155.2m.

Glander International Bunkering posts 73% profit rise

Pre-tax earnings up to $27.3m as CEO warns of industry consolidation following Covid-19.

Glander International Bunkering adds Canden Marine Fuel Services to global network

Quebec firm to operate as Glander International Bunkering (Montreal) Ltd from June 1.

Hydrogen and ammonia the best long-term fuel options, say owners

Nearly 60% of shipowners surveyed see hydrogen and ammonia as the most attractive future fuels.

Brightoil signs Petrolimex debt settlement, seals $30m loan

Settlement reached over $30m owed to Petrolimex as China Huarong ups financing.

Maersk Ocean posts 25% profit growth despite higher bunker costs

Cost-cutting initiatives pay off amid Covid-19 impact.

Bunker One channels 'entrepreneurial spirit' with expansions

Supply portfolio strengthened in US Gulf, Caribbean and West Africa.

Nauticor performs first LNG ship-to-ship delivery to a product tanker in Germany

Operation also the first since Gasum takeover went through on April 30.

Project under way to assess ammonia as a marine fuel

Studies to evaluate the technical feasibility and safety risks of ammonia-fuelled ships.

Monjasa beats expectations with $26.5m profit

Higher sales volume offset by fall in average crude price.

World Fuel Services posts highest marine income since 2015

Despite drop in revenue and fourth consecutive annual decline in sales volume.

Maersk spent $476m less on bunkers in 2019

Fuel consumption and average price fell by 6.7% and 2.8%, respectively.

Linde deal speeds up growth strategy implementation: Gasum CEO

Acquisition described as 'important step in the development of the Nordic gas market'.

Singapore annual bunker sales fall to lowest level since 2015

Volume declines for second successive year at Asian port.

KPI Bridge Oil appoints managing director in Denmark

Former Dan-Bunkering trader joins another Bunker Holding business as MD.