Bunker Holding company sees fierce competition after oil price plunge
2020 was a dramatic and tough year for bunker supplier Glander International Bunkering. The oil plunge created tailwinds for smaller players in particular, and Glander International Bunkering thus hopes for increasing oil prices in 2021, CEO tells ShippingWatch.
René Kofod-Olsen is V.Group's fourth CEO in just three years. The many changes have been a distraction and have led to several wrong decisions, he tells ShippingWatch. The mandate from the owner is to future-proof the company, and for this he is willing to make both selections and rejections.
Only 46 percent of Maersk's vessels arrive on time, which is a service level that Maersk, according to CCO Vincent Clerc, is "dismayed by", even if the industry reliability average is only around one in three ships.