ShippingWatch

Layoffs at Bunker Holding spur flood of rumors

Denmark's Bunker Holding is at the center of a flood of rumors in the international bunker industry after a round of layoffs on Friday. CEO Keld Demant presents the facts to ShippingWatch.

Photo: Pressefoto

A flood of rumors in the international bunker industry has hit Denmark's Bunker Holding, the world's second-largest bunker player following the collapse of OW Bunker.

The rumors emerged in relation to a round of layoffs at the bunker unit on Friday, as 30 oil traders were laid off. There are also intense rumors circulating in the industry claiming that Bunker Holding is facing pressure from payments that were not made on time.

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