Services

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
Photo: AP/Polfoto/Arkiv
by OLE ANDERSEN

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.

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