Bunker Holding company acquires competitor from Glencore

Bunker Holding's bunker company KPI Bridge Oil acquires Glencore Oil's OceanConnect Marine. A CEO for the merged company has been found.

Søren Høll, the current CEO of KPI Bridge Oil, will continue as chief executive of the merged company KPI OceanConnect. | Photo: KPI Bridge Oil / PR

KPI Bridge Oil, part of the Bunker Holding group, acquires OceanConnect Marine, the companies inform in a press release.

The merger of the two companies into KPI OceanConnect will create one of the biggest bunker companies globally, the press release states. The combined company will hold 170 employees across 15 locations around the world.

Read the whole article

Get 14 days free access.
No credit card required.

Get full access for you and your coworkers.

Start a free company trial today

More from ShippingWatch

Azane Fuel Solutions was created during the pandemic using Teams

Azane Fuel Solutions was established in the middle of the pandemic. Digital meetings and planning over the phone proved no obstacles for top execs at Amon Maritime and Econnect Energy during the start-up. Now they have to set up bunkering terminals for ammonia in two and a half years.

DB Schenker defends carriers in red-hot container market

One of the major global customers, German DB Schenker, defends the quality offered by container lines in the exceedingly feverish market, which other freight forwards have criticized in strong terms. Even the high rates are in order, says the COO of Air & Ocean in an interview with ShippingWatch.

Further reading

Related articles

Trial banner

Latest news

See all jobs