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INTERVIEW: Monjasa Sees Further Volumes Growth in 2021 After Record 2020
Apr 19, 2021 ... supplier Monjasa, which reported year-on-year bunker volumes growth in every month of 2020, is seeing further gains in market share this year but acknowledges weaker prospects for ...
Vitol Sees 'Business Opportunities' in Asian, Middle Eastern Bunker Markets
Apr 6, 2021 ... commodity trader Vitol plans to expand its presence in the Asian and Middle Eastern bunker markets, seeing 'business opportunities' in them while other oil markets falter in the face of the ...
NewOcean Energy Posts Profit Warning on Bunker Margin Slump
Mar 31, 2021 ... Holdings has issued a profit warning about its 2020 results after a slump in its earnings from the bunker market last year. "Due to the global pandemic of COVID-19, the slump in global oil prices ...
Bunker Holding Parent USTC Acquires Digital Brokerage BunkerEx
Mar 29, 2021 ... Shipping & Trading Company (USTC), the parent company of marine fuels conglomerate Bunker Holding, has acquired digital brokerage BunkerEx. A spokesman for USTC confirmed the news to ...
Bunker Holding Parent USTC Buys Wood Pellet Trading Firm
Mar 25, 2021 ... Shipping & Trading Company (USTC), the parent company of marine fuels conglomerate Bunker Holding, has bought a majority stake in a biomass trading firm. USTC has acquired 60% of CM ...
Malaysia's Techfast Holdings Reports $131 Million MGO Supply Deal
Mar 24, 2021 ... subsidiary of Malaysian manufacturing firm Techfast Holdings has signed a bunker supply deal worth as much as 540 million ringgit ($131 million). Techfast subsidiary Fast Energy has agreed to ...
Bunker Holding Subsidiary Unioil Moves on From Danish Armed Forces Supply Contract
Mar 19, 2021 ... Holding subsidiary Unioil has decided not to bid on this year's contract to supply the Danish armed forces, according to investigative business media company InsideBusiness. Unioil's ...
CMA CGM Sticks With Sharply Reduced Bunker Hedging
Mar 17, 2021 ... line CMA CGM, which sharply reduced its bunker hedging in advance of the IMO 2020 transition, has cut hedging slightly further for this year. By the end of 2018 the company had hedged ...
Malaysia's Techfast Holdings Reports $535 Million Bunker Supply Deal
Mar 16, 2021 ... subsidiary of Malaysian manufacturing firm Techfast Holdings has signed a bunker supply deal worth as much as 2.2 billion ringgit ($535 million). Techfast subsidiary Fast Energy has agreed to ...
PMG Holding Adds Bunker Trader in London
Mar 15, 2021 ... bunker supplier and marine fuel trader PMG Holding has added a new trader to its offices in the UK. Michael Armenakis has joined PMG's bunker sales and trading team in London effective ...
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