18/06/2020at 11:11

Bunker Holding subsidiary predicts increased consolidation in bunker business

The bunker industry could face increased consolidation after the corona pandemic and oil price collapse, says CEO of Glander International Bunkering, a subsidiary of Bunker Holding. The company finished 2019 with a surge in revenue and earnings.

by CHRISTIAN CARLSEN

The global pandemic and the collapse in oil prices could very well provide a further boost to consolidation in the bunker business, assesses bunker firm Glander International Bunkering, part of the Bunker Holding group.

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