Bunker prices at record highs having risen 679% over the last 7½ years. This year's price jump is bigger than during any previous event over the last decade.
The company saw pre-tax profits of $13.5 million for the 2021/22 financial year, it said in an emailed statement on Monday, down from $19.5 million the previous year.
KPI OceanConnect CEO Søren Høll discusses the firm's profits, its attitude to credit allocation and its plans for alternative fuels in an interview with Ship & Bunker.