- KPI OceanConnect appointed Dorthe Bendtsen as its CEO, confirming its commitment to inclusive leadership and operational excellence.
- KPI OceanConnect’s Alternative Fuels & Carbon Markets team expanded low-carbon fuel infrastructure with landmark HVO100 renewable diesel deliveries.
- KPI OceanConnect continued to drive innovation, being named among the 150 most innovative maritime companies in the world.
KPI OceanConnect, a leading global marine energy solutions provider, has today announced its financial results for the year 2024/2025, reflecting a year of strengthened market presence and further investment in the maritime industry’s energy transition. The company delivered close to 12 million metric tonnes of marine fuel with an increase in revenue to USD 5.7 billion. Earnings Before Tax was USD 9 million; a reduction due to investments in strategic initiatives and persistent downward pressure on margins, as well as generally challenging market conditions in most regions. Overall, the company is satisfied with the results, which reinforces its position as a trusted counterparty in a complex and evolving market.
This year, KPI OceanConnect appointed its former COO Dorthe Bendtsen as its permanent Chief Executive Officer. Her appointment reflects the company’s commitment to operational excellence, inclusive leadership and a strong focus on governance. Dorthe’s extensive qualifications and background in corporate governance has seen the company build significant capabilities needed to ensure a long term sustainable business designed to guide clients through current challenges such as decarbonisation, digitalisation, and regulatory change.
“We’ve sharpened our focus on delivering smarter, more efficient and cost-effective solutions to meet the industry’s evolving needs,” said Dorthe Bendtsen, CEO of KPI OceanConnect. “By putting people at the heart of our business, investing in the future structure of our organisation and building strong, values-driven partnerships, we’ve laid a solid foundation for long-term success.”
The company continued to invest in strategic partnerships and infrastructure to support the industry’s energy transition. KPI OceanConnect delivered the first waste-based HVO100 renewable diesel to cruise vessels in Asia-Pacific, and supported B24 and B30 biofuel deliveries in Singapore and Busan respectively, milestones in the practical application of new fuel solutions in real-world operations. The group’s biofuel supply network extends to more than 150 terminals worldwide, enabling tailored fuel strategies for clients across all major shipping sectors, including cruise, container, PCTC, bulk, and chemical carriers.
These efforts are underpinned by the company’s continued investment in the Alternative Fuels & Carbon Markets team of experts, led by Jesper Sørensen. With global regulations such as FuelEU Maritime and EU ETS driving demand for compliant fuel solutions, KPI OceanConnect continues to play a key role in shaping the energy strategies of shipowners around the world. “The maritime industry’s journey to a low-carbon future will take time but KPI OceanConnect is ready to lead it with integrity, insight, and a commitment to progress,” said Dorthe Bendtsen.
In the past year, KPI OceanConnect also opened a new office in Tokyo, its fifth in Asia. The move bolsters KPI OceanConnect’s ability to serve clients in the region, supporting local engagement in one of the industry’s most important markets.
KPI OceanConnect’s growing influence in the industry was also recognised with it again being named among the 150 most innovative maritime companies in the world by Thetius, highlighting its ongoing investment in new technologies, alternative fuel solutions, and inclusive business practices that deliver real-world value for partners and the wider sector.
Beyond its commercial activities, KPI OceanConnect’s annual “50for50” initiative raised USD 122,300 for local charities selected by employees across its global offices, reinforcing its belief that social responsibility and business success go hand in hand.
The business also launched its Beyond Boundaries initiative to discuss ways in which the shipping industry can tackle barriers to inclusion and support career development and representation for people from all backgrounds.
