ShippingWatch

Bunker Holding reports significant decline during Covid-year

Bunker Holding, the world's largest bunker company, comes out of the Covid-year 2020/21 with a significantly lower profit, but the company increased its volumes and describes the development as "very satisfactory."

Bunker Holding CEO Keld Demant. | Photo: Bunker Holding/PR

Bunker Holding, the world's largest bunker company and part of Torben Østergaard-Nielsens USTC group, comes out of the covid-year 2020/21 with a significantly reduced profit.

The profit before tax thus lands at DKK 440 million (USD 70.4 million), a drop from just over DKK 1 billion in the previous financial year, the company writes in an announcement Wednesday.

Read the whole article

Get 14 days free access.
No credit card required.

An error has occured. Please try again later.

Get full access for you and your coworkers.

Start a free company trial today

More from ShippingWatch

Further reading

Related articles

Trial banner

Latest news

See all jobs