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Bunker Holding Group News

24 Aug 2023

Four New Partners Join Silk Alliance Singapore

Source: Yara Clean Ammonia

The Silk Alliance continues to grow with the addition of Yara Clean Ammonia, the Methanol Institute, MPC Container Ships and the NUS Centre for Maritime Studies.The new partners join following the signing of a Memorandum of Understanding (MoU) between the Maritime and Port Authority of Singapore (MPA) and Lloyd’s Register (LR) Maritime Decarbonisation Hub for the Silk Alliance as they plan to support the proposed project aimed at the decarbonisation of a regional shipping corridor centred on the container trades.The Silk Alliance is focused on a regional fleet…

23 Jun 2023

Yara Clean Ammonia, Bunker Holding Team on Ammonia

Christoffer Berg Lassen and Murali Srinivasan. Image courtesy Bunker Holding/Yara Clean Ammonia

Yara Clean Ammonia (YCA) and Bunker Holding Group signed an MoU establishing the intention to collaborate to accelerate the development of the market for ammonia as a shipping fuel. This agreement connects two key elements of the supply chain needed to achieve the use of clean ammonia as a shipping fuel, namely a global supplier of clean ammonia and the largest bunker supplier today in terms of end users.This commitment will cover multiple global geographies and focus on serving first mover initiatives spanning different regions.Ammonia, a sustainable solution for maritime transport.

18 Feb 2022

REG and Bunker Holding Partner to Advance Marine Biodiesel Use

Bunker Holding’s physical bunker subsidiary, Bunker One, ran in 2021 a test run on the M/T Amak Swan, operating the tanker on a B30 biofuel blend which consists of a second-generation bio feedstock. (Photo: Renewable Energy Group)

Bunker trader and supplier Bunker Holding Group and renewable fuels producer and supplier Renewable Energy Group, Inc. are partnering to further develop the U.S. and EU marine markets for sustainable bio-based diesel.The collaboration agreement is initially focused on opportunities in North America and Europe, where trials of B20 and B30 are being run in high-traffic regions of both continents.For REG, this agreement continues its efforts to expand product offerings with further reach into the approximately 70 billion gallon…

07 Jul 2015

Bunker Holding Buys LQM

Bunker Holding Group (Bunker Holding), a global leader in the purchase, sale and supply of marine fuel with 54 offices in 27 countries, announced today the acquisition of LQM Petroleum Services Inc. (LQM). LQM is one of the largest international marine fuel oil brokers who handles approximately 10 million mts per year across ~250 customers worldwide. The Company has a strong presence in the United States with offices in New Jersey, Connecticut and Texas; as well as offices in London, Paris and Singapore. Bunker Holding Group CEO, Keld R. Demant said: “The acquisition of LQM is a logical step in Bunker Holding’s growth strategy and brings together two family-owned businesses with similar values and a long history of working well together”. “LQM is an excellent fit.

11 Dec 2014

Bunker Holding Adds Subsidiary Unioil Supply

The Bunker Holding Group has established a new subsidiary operating under the name Unioil Supply A/S. The physical setup, based in Aalborg, consists of professionals from the former OW Supply & Trading. The Danish-based Bunker Holding is the parent company of a group of companies specializing in the purchase, sale and supply of fuel and lube oil to ships as well as risk management and associated services. The group operates globally within the shipping business and is represented by 36 own companies worldwide, currently in 25 countries. As part of its strategy Bunker Holding has decided to enter the physical part of the bunker market.

15 Mar 2013

New Regional Credit Manager for Bunker Holding A/S

Linda Goh

Bunker Holding is pleased to announce that as from 1 January 2013 Linda Goh has been appointed as Regional Credit Manager - Asia. Linda has more than 14 years of experience in credit management and analysis in the Asian and global markets, whereof 12 years with Chevron. As evident from her title, Linda will focus on Asia and Pacific areas, and she will handle credit  applications and questions from all companies in the Bunker Holding Group concerning clients in these areas, covering from UAE to Australia.