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  • Camilla Pedersen

    Corporate Communications Manager


    Strandvejen 5 5500 Middelfart Denmark
    +4560373921
    https://www.bunker-holding.com/press-release/

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    We were offered the opportunity to expand our physical presence in the US by acquiring the assets of Element Alpha’s NYH position and moving into New York, which is a very strategic move and a location that fits perfectly into our supply network.  We are excited to be integrating this operation into our US network and are pleased to offer this new bunkering optionality for our customers.
    Peter Zachariassen, CEO of Bunker One
    We want to ensure that we prepare the company for future growth and build a world-class organization – one that can manage the dynamics of our market. We have decided to divide the commercial responsibilities to adopt a more focused approach to both customers and operations. Our goal is to ensure that we can deliver the best service to our customers while maintaining oversight of our operations.
    Keld R. Demant, CEO Bunker Holding Group
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    CEO of Maersk Tankers joins the Board of Directors of Bunker Holding

    Danish USTC Group has appointed Tina Revsbech as new member of subsidiary company Bunker Holding’s Board of Directors. With more than three decades of extensive experience in the shipping industry, the Danish business profile is a solid match for the company’s Board.  Tina Revsbech has been CEO of Maersk Tankers since 2023, where she also spent the first 15 years of her career. Before rejoining Maersk Tankers, she served as CEO of BW Tankers and held senior leadership positions as Executive Vice President at Canada-based Fednav Limited, Senior Vice President at Torm, and Regional Sales

    CEO of Vestas Wind Systems appointed new Vice Chair of Bunker Holding

    Danish USTC Group has appointed Henrik Andersen as new Vice Chair of subsidiary company Bunker Holding’s Board of Directors. The appointment forms part of Bunker Holding’s continued development and will further strengthen the Board’s expertise through the addition of one of Denmark’s most prominent business leaders. Today, Henrik Andersen sits as Group President & CEO of Danish Vestas Wind Systems A/S. As former CEO of Hempel A/S and ISS A/S in Europe, the Middle East, and Africa, he joins the Board with extensive insight after more than 20 years of experience in international business.

    Bunker Holding delivers solid results in a complex and demanding market

    Bunker Holding delivered a strong performance in the financial year 2025/2026 despite continued uncertainty across global markets. The year was shaped by geopolitical developments, evolving trade flows, periods of heightened market volatility, and strong competition.These conditions were further amplified by developments in the Middle East, which added complexity across global energy markets and shipping routes. In response, Bunker Holding focused on getting closer to customers and understanding the different challenges faced across shipping segments. This enabled faster decision-making,

    Bunker Bunker Holding appoints new CEO

    After 27 years with Bunker Holding, Keld R. Demant is handing over the baton as CEO to Peder Møller, who will take up the role of Group CEO of the world’s leading bunker supplier.When Bunker Holding welcomes its new CEO on October 6, it will be someone with deep insight into the Group; 39-year-old Peder Møller. Since November 2024, he has been part of Bunker Holding’s executive management, where he is recognized as a strong and inclusive leader with solid execution skills and a proven track record. Bunker Holding has undergone a remarkable transformation over the past quarter of a

    Bunker One Acquires Element Alpha’s NYH Operation, Securing a Strategic Foothold in New York

    PRESS RELEASE Middelfart, 5 March 2025 Bunker One has taken a major strategic leap forward with the full acquisition of Element Alpha’s (NYH) storage position, effective as of March 1, 2025. This acquisition further solidifies Bunker One’s position in the U.S. bunkering market.Already a well-established physical supplier along the U.S. Gulf Coast, Bunker One USA, with this acquisition, will offer a seamless, full-spectrum supply of bunker fuels – with focus on HSFO - leveraging a time-chartered barge(s) and dedicated storage facility at IMTT for efficient deliveries. This

    Peder Møller appointed COO of Bunker Holding Group

    PRESS RELEASE Middelfart, Denmark. November 21, 2024 Effective December 1, 2024, Peder Møller will assume the role of Chief Operating Officer (COO) for Bunker Holding Group. He joins from his current position as CEO of the energy hedging company Global Risk Management (GRM). GRM was established as a sister company in 2004 when expertise in energy hedging was spun off from Bunker Holding Group into a separate entity. The two companies continue to maintain a close collaboration. As CEO of GRM since 2020, Peder Møller has successfully navigated a complex market environment during the

    Bunker Holding implements organizational changes to prepare for future growth

    To future-proof and gear the organization for the increase in complex market dynamics, Bunker Holding is restructuring its Executive Management and reaccelerating its ambitious commercial strategyThe purpose of the new structure is to better equip the Group to respond to an increasingly complex market which involves the separation of Bunker Holding’s sales and operations divisions. Not only will this separation lead to an increase in specialization within sales, sourcing, risk management, and physical supply, but it will ensure that Bunker Holding moves closer to customers and suppliers

    Bunker One launches physical LNG bunker supply

    Bunker One, Bunker Holding’s physical supply division, is set to launch LNG bunker supply in northwestern Europe as of January 2025.Building on its existing successful activities supplying alternative fuels, Bunker One is expanding its current fuels portfolio by adding physical LNG and mass balanced LBM (Liquefied Biomethane). Bunker One expects to be ready to commence first physical LNG deliveries in January 2025. The newly established entity Bunker One LNG BV will manage the physical LNG fuel portfolio, including last-mile delivery, and will be headed by Managing Director, Michael

    Glander International Bunkering and Cepsa join efforts to deliver biofuel to cruise lines in the Mediterranean

    Glander International Bunkering, a subsidiary of Bunker Holding, and Cepsa are now jointly facilitating the supply of second-generation HVO to cruise line vessels in the Mediterranean.Cepsa has completed four deliveries of HVO via Glander International Bunkering to a cruise ship at the Port of Barcelona since late June of this year. The second-generation biofuel is made from ISCC EU certified raw materials and can reduce CO2 emissions by up to 90% compared to conventional fuels throughout their life cycle. "We are thrilled to partner with Glander International Bunkering in its

    Bunker Holding emerges from challenging year with decent result

    In a year characterised by geopolitical unrest, macroeconomic shifts, and instability in the energy markets, Bunker Holding emerges from challenging year with a modest profit of USD 1.7 million.The financial year 2023/2024 stands out as a challenging year for Bunker Holding due to encountering geopolitical tensions, macroeconomic shifts, and mixed demands across shipping segments. In addition, by cause of unfavourable market conditions and political instability, Bunker Holding terminated its cargo activities in Africa that focused on non-maritime onshore customers. Despite these

    Bunker Holding Group hires new CIO to expand external solutions

    Bunker Holding Group puts new CIO Morten Gade Christensen in charge of the organisation’s IT department. With a strong background in fintech and energy industries, Morten Gade Christensen is set to expand on the Group’s external digital solutions. He supersedes the former CIO Peer Omann.Bunker Holding Group, the world’s largest supplier of bunker fuel for the shipping industry, is bringing a new chief information officer on board. Following former CIO Peer Omann’s seven years of building strong internal IT infrastructure, Bunker Holding Group’s new CIO is going to expand on the external

    Bunker Holding and NeoGreen Hydrogen Corp. sign MoU for green ammonia and synthetic fuels

    Bunker Holding and NeoGreen Hydrogen Corp. announce the signing of a Memorandum of Understanding to collaborate on the operations, logistics, and marketing of green ammonia and synthetic fuels across NeoGreen’s global project portfolio.With the EU’s FuelEU Maritime regulations due to enter into force in 2025 and the expectation of new IMO regulations in 2027, pressure is building on the shipping industry to prepare for a low-carbon future, with ammonia and e-methanol being two of the most likely future fuels for the industry. Valerie Ahrens, Senior Director of New Fuels and Carbon

    Bunker Holding scales up biofuel availability to over 80 ports worldwide

    Bunker Holding, one of the world’s leading marine fuel suppliers, has now secured biofuel availability in more than 80 ports around the world, catering to last mile delivery. With the recent adoption of the FuelEU Maritime regulation, the entering into force of the IMO CII, and the inclusion of shipping in the EU ETS just around the corner, the Group is ready to help clients with the optimal solutions to reduce their GHG emissions.As the demand for lower carbon fuels is on the rise, Bunker Holding and its subsidiaries are doing their utmost to ensure clients the necessary accessibility to

    Focus on sustainable transition: Bunker Holding launches new ESG report

    Bunker Holding, the world’s largest supplier of marine fuels, publishes second ESG report showcasing targets and progress on ESG action points. The new report pinpoints that industry partnerships, know-how build-up, and strong systems are at the top of the agenda when moving towards a transparent and compliant future industry.For the second consecutive year, Bunker Holding, the world’s largest supplier of marine fuel and lubricants, has published an ESG-report showcasing the company’s commitments and progress on environmental, social, and governance issues. At the forefront of Bunker

    Bunker Holding Group manages new record result in volatile year

    One year into a new Group strategy, and during a year of geopolitical turmoil, high inflation, and heavy sanctions across the industry, Bunker Holding Group delivers an excellent annual result of USD 222.7 million in earnings before tax, more than doubling the previous year’s record-setting result.Raising the revenue by 7.6 percent to USD 17.8 billion, Bunker Holding Group, the world’s leading supplier of marine fuels and lubricants, breaks the previous year’s record results. With an EBT of USD 222.7 million, Bunker Holding Group more than doubles its EBT year-on-year. Delivering this

    Yara Clean Ammonia and Bunker Holding sign an MoU to cooperate in developing the market for ammonia as a shipping fuel

    The two companies signed a Memorandum of Understanding to explore opportunities to work together to accelerate plans to supply the shipping industry with ammonia as a fuel. The collaboration will focus on exploring opportunities to supply clean ammonia as a marine fuel to first movers in the shipping industry along key trade routes and bunkering ports in various geographical regions.Yara Clean Ammonia (YCA) and Bunker Holding Group signed an MoU establishing the intention to collaborate to accelerate the development of the market for clean ammonia as a shipping fuel. This agreement connects

    Bunker Holding bolsters its position in the green transition with two new strong additions to the Group

    Bunker Holding is strengthening its position within new fuels and environmental public affairs with the appointment of Manja Ostertag as Head of Biofuels and Maria Skipper Schwenn as Director of Environmental Regulatory and Public Affairs, thus supporting the Group’s efforts in the green transition.Both Maria Skipper Schwenn and Manja Ostertag have elaborate experience from their past roles in shipping and new fuels, respectively, and both have been collaborating closely with industry players in making progress on carbon reduction initiatives. While Maria Skipper Schwenn will drive

    Bunker Holding Group secures record-breaking credit facility

    Bunker Holding Group, the world’s leading maritime service provider, enters new bank credit facilities of USD 1.11bn and increases its funding framework by 33 percent from USD 2.4bn to USD 3.2bn. The new bank syndicate reflects Bunker Holding Group’s global reach with the addition of large international banks.Bunker Holding Group, the world’s largest bunkering company, lands an unsecured committed bank credit facility of USD 1.11bn based on an international bank syndicate. In addition, the Group’s overall funding framework has been raised to USD 3.2bn, an increase by 33 percent compared to

    Bunker Holding Staffs up on Diversity, Equality, and Inclusion with new CSR hire

    Bunker Holding, the world’s leading bunker supplier, hires new Corporate Social Responsibility Consultant to support the Group’s newly presented ESG agenda.Former Senior Bunker Trader at Bunker Holding subsidiary Dan-Bunkering Claire-Celine Bausager will take on a new role as Bunker Holding’s new Corporate Social Responsibility (CSR) Consultant effective December 1st, 2022. She will thus support the Group’s efforts to drive positive change within diversity, equality, and inclusion and employee health and safety across the entire Group. “We are very excited to have Claire-Celine join

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