Bunker revenue downhill at World Fuel Services

The world's largest bunker company experienced setbacks in the marine fuel sales during the second quarter as well as for the first six months of the year. However, the group's other two core businesses, aviation and onshore business, had big gains, shows the financial report.
Photo: Modelfoto/Colourbox
Photo: Modelfoto/Colourbox
BY OLE ANDERSEN

US company World Fuel Services, the world's largest bunker company, saw declines in the marine division in the second quarter 2016 as well as for the first half of the year. Revenue took a big dive in the first six months down to USD 3.1 billion from USD 5.1 billion in the same period last year.

Already a subscriber?Log in here

Read the whole article

Get access for 7 days for free. No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.

With your free trial you get:

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
  • Must be at least 8 characters, including three of: Uppercase, lowercase, numbers, symbols
    Must contain at least 2 characters
    Must contain at least 2 characters

    Get full access for you and your coworkers

    Start a free company trial today

    Share article

    Sign up for our newsletter

    Stay ahead of development by receiving our newsletter on the latest sector knowledge.

    Newsletter terms

    Front page now

    Further reading