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

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.

This shows in the second quarter interim report released Thursday by stock exchange-listed World Fuel Services.

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