ShippingWatch

Earnings dip at World Fuel's bunker unit in 2017

US-based World Fuel Services booked a deficit on its bunker business after a large impairment and exits from several markets.

Photo: AP/Polfoto/Arkiv

A continued slowdown in shipping is the main reason behind a 16 percent slide in gross earnings in 2017 at US-based World Fuel Services, the world's biggest bunker company, according to the group's annual report.

World Fuel Services' three main activities are aviation, land-based businesses and the bunker business.

Read the whole article

Get 14 days free access.
No credit card required.

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
An error has occured. Please try again later.

Get full access for you and your coworkers.

Start a free company trial today

More from ShippingWatch

Norden reshuffles management and dials up growth ambitions

Norden establishes a new business structure and a new senior management team. This will entail increased growth in the carrier's tanker pool and investments in port logistics for an annual USD 20-40 million, CEO Jan Rindbo tells ShippingWatch.

Further reading

Related articles

Latest news

See all jobs