A part of Watch Media

ShippingWatchMonday6 February 2023

  • Search
  • Log in
  • Carriers
  • Logistics
  • Regulation
  • Suppliers
  • Search
  • Log in
  • Latest
  • Search
  • Log in
  • Carriers
  • Logistics
  • Regulation
  • Suppliers
  • Offshore
  • Ports
04/07/2013at 12:56

Bunker Holding will grow 50 percent in five years

Bunker Holding has consciously lowered its growth, which is reflected in the annual report 2012/2013. But the growth plans are intact and the aim is to grow by 50 percent during the next five years, says the company's CEO to ShippingWatch.
Photo: Pressefoto
BY KATRINE GRØNVALD RAUN

In looking at the annual report 2012/2013, it's apparent that the growth has yet to materialize for Bunker Holding, which includes among other things the subsidiaries Dan-Bunkering and Global Risk Management, and is part of the USTC Group. The year's result was USD 48 million, versus USD 59.9 million the year before. Not surprising, says CEO Keld Demant to ShippingWatch. According to him, the company consciously lowered its speed as a consequence of the current conditions of the shipping market.

Already a subscriber?Log in here

Read the whole article

Get access for 14 days for free. No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.

With your free trial you get:

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
!
!
Must contain at least 6 characters

Get full access for you and your coworkers

Start a free company trial today

Related articles:

  • USTC saw revenues decline in tough market

    For subscribers

  • Uni-Tankers given green light to further acquisitions

  • USTC: We now match our major competitors

    For subscribers

Sign up for our newsletter

Stay ahead of development by receiving our newsletter on the latest sector knowledge.

!
Newsletter terms

Front page now

Foto: Scan Global
Logistics

Scan Global Logistics sold to private equity firm

Freight forwarder Scan Global Logistics gets a new owner only six months after the company decided to postpone sales plans.
  • Scan Global confirms possible change of ownership
  • Scan Global Logistics postpones planned change of ownership: "We are in no rush"

For subscribers

Photo: Jens Dresling
Suppliers

EU project aims to make marine fuels with green energy

For subscribers

Palle Laursen has spent almost his entire career at Maersk where he began as a maritime engineer in 1998. He now retires as chief of fleet. | Foto: Maersk
Container

Maersk's chief of fleet leaves after 25 years as reshuffling continues

For subscribers

Danish Scan Global has since 2016 been owned by US private equity firm AEA Investors. | Foto: Pr / Scan Global Logistics
Logistics

Scan Global confirms possible change of ownership

For subscribers

Lars Jensen is a shipping analyst and founder of consultancy Vespucci Maritime. In the future, he will write two opinion pieces for ShippingWatch a month. | Foto: Magnus Møller
Container

Opinion: Maersk and MSC heading for direct confrontation over customers

For subscribers

Foto: Uncredited/AP/Ritzau Scanpix
Tanker

New Russia sanctions could eventually leave Europe in drastic need of diesel

For subscribers

Further reading

Foto: Staff/Reuters/Ritzau Scanpix
Logistics

DSV sees one advantage of downturn: It will be cheaper to buy competitors

Acquisitions are decisive for growth at logistics group DSV, and with prospects of declining freight volumes, the prices of acquisitions will fall. DSV will use this to its advantage, according to CEO Jens Bjørn Andersen.

For subscribers

Foto: Uncredited/AP/Ritzau Scanpix
Tanker

New Russia sanctions could eventually leave Europe in drastic need of diesel

It will be difficult to replace the existing supply of Russian oil products when new EU sanctions come into force on Sunday, according to one broker. Hafnia predicts a strong market.

For subscribers

Palle Laursen has spent almost his entire career at Maersk where he began as a maritime engineer in 1998. He now retires as chief of fleet. | Foto: Maersk
Container

Maersk's chief of fleet leaves after 25 years as reshuffling continues

Palle Laursen leaves Maersk after 25 years in the company. Another leader is also out the door, as Vincent Clerc continues to put his stamp on the shipping giant.

For subscribers

Latest news

  • EU project aims to make marine fuels with green energy – 10:56
  • Scan Global Logistics sold to private equity firm – 08:50
  • Scan Global confirms possible change of ownership – 08:09
  • Freight rates out of China continue to plummet – 3 Feb
  • Ziton wins multi-year deal with German utility – 3 Feb
  • Euronav CEO defends decision to retain large dividend – 3 Feb
  • DSV denies savings plan but is attentive to costs – 3 Feb
  • DP World to construct large port terminal in India – 3 Feb
  • Maersk's chief of fleet leaves after 25 years as reshuffling continues – 3 Feb
  • Clarksons banks on offshore wind with new US office – 3 Feb
See all

Jobs

  • Vessel Manager Marine and QA

  • Fleet Manager

  • Senior Financial Controller

  • Senior Lead, Human Sustainability at Sea

  • Foundation Package Manager - Offshore wind industry

  • Ambitious employee for Shipping office wanted

  • Chartering Manager for Lauritzen Bulkers A/S

  • Copenhagen Shipping Company is hiring a skilled cargo broker

Jobs

  • Vessel Manager Marine and QA

  • Fleet Manager

  • Senior Financial Controller

  • Senior Lead, Human Sustainability at Sea

  • Foundation Package Manager - Offshore wind industry

  • Ambitious employee for Shipping office wanted

  • Chartering Manager for Lauritzen Bulkers A/S

  • Copenhagen Shipping Company is hiring a skilled cargo broker

See all jobs

Colophon

ShippingWatch
Search

Sections

  • Carriers
  • Logistics
  • Regulation
  • Suppliers
  • Offshore
  • Ports
  • Sitemap
  • RSS feeds

Editor

Tomas Kristiansen

tk@shippingwatch.dk

Tel.: +45 3330 8360

  • About ShippingWatch

Editor-in-chief

Anders Heering

Publisher

JP/Politiken Media Group Ltd

Advertising

annoncering@infowatch.dk

Tel.: +45 7077 7445

Advertising

Job Advertising

job@infowatch.dk

Tel.: +45 7077 7445

Jobs

Subscription

Try ShippingWatch or get an offer for a subscription meeting the exact needs of you or your company.

shippingwatch@infowatch.dk

Tel.: +45 7077 7445

Learn more about subscriptions here

Address

ShippingWatch

Rådhuspladsen 37

1785 Copenhagen K, Denmark

Tel.: +45 3330 8360

Guidelines

  • Privacy Policy

Copyright © ShippingWatch — All rights reserved

Microsoft is in the process of discontinuing Internet Explorer – and so are we.
For a better experience, we recommend using one of the following browsers.

Kind regards,
ShippingWatch

Google ChromeMozilla FirefoxMicrosoft Edge