ShippingWatch

Bunker Holding: The market cannot maintain the pace this year

Bunker Holding chief executive Keld R. Demant is pleased with the company's result in the past fiscal year. But competition is fierce and the battle continues on all fronts, he tells ShippingWatch.

Photo: Bunker Holding

After several bankruptcies in the bunker industry in recent years, with OW Bunker as the biggest collapse, things have now settled down, says Keld R. Demant, CEO of Bunker Holding, in an interview with ShippingWatch in relation to the company's annual report for 2015/2016.

However, this does not mean that the employees can relax at their desks. On the contrary, competition has intensified, and the low oil price has not made it easier in recent years.

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