New Bunker Player Unicore Fuel Starts Operations in Singapore

by Ship & Bunker News Team
Tuesday July 1, 2014

Unicore Fuel Pte Ltd (Unicore Fuel), a new subsidiary of industry giant Bunker Holding Group, today has begun operations in Singapore, the Group has told Ship & Bunker.

"We are pleased to announce that Unicore Fuel Pte Ltd, incorporated in Singapore in March 2014, will officially commence business on the 1st of July," Bunker Holding wrote in an emailed statement.

"Unicore Fuel, a wholly owned subsidiary of the Danish Bunker Holding Group, will have its registered address at 8 Shenton Way, #49-01 AXA Tower, S068811.

"The Company will be engaged in the comprehensive coverage of procurement and sales of the various Bunker grades, including Exwharf trades and other related services; spanning the ports of Singapore, the Outer Port Limits [OPL], Tanjung Pelepas as well as Pasir Gudang."

Unicore Fuel already has 16 staff based at its offices in Singapore and is headed by Managing Director Ho Ting Teck, with Andrew Siew Yew Hoong as General Manager – Trading & Supply, according to the company's website.

Bunker Holding, itself part of A/S United Shipping & Trading Company, says it is the parent of 34 bunker companies operating in 24 countries world wide.