Still going strong
Despite a most challenging year, the young yet ambitious Bunker One has managed to make steady headway by successfully expanding its market share and strengthening its physical operations.
“During a year characterised by a high degree of ambiguity, I am proud that we have managed to yield great results and deliver on our ambitions. Not only have we managed to expand our market share, but we have also tightened our relationship with our partners and clients and kept building our supply platform stronger and more solid,” says CEO of Bunker One, Peter Zachariassen.
To ensure seamless and flexible solutions for its clients, Bunker One assumed operation of the Port of Skaw oil terminal at the northern tip of Denmark in June last year. Soon after, the company strengthened its strategic foothold in Brazil by commencing offshore operations and further expanding into the Caribbean, firmly positioning it as the leading independent supplier in the region.
Appetite for growth and consolidation
From the very beginning, the US has been a key market for Bunker One. During the past year, Bunker One has strengthened its presence in the US through its newly established cargo brand Synergy Supply & Trading and bolstered the build-out of land-based offerings through Bunker One Land Fuel Services.
Now Bunker One has set its sights on East Africa with plans to set up a new physical supply. This deliberate move will provide ship owners with additional flexibility in the form of access to bunkering while staying within the main maritime trade routes between Asia and West Africa.
The high ambitions continue to build up momentum for Bunker One through tight collaboration with business partners with whom Bunker One is exploring market opportunities, synergies, and new solutions. Together with regional and global partners, Bunker One is also in the process of exploring more sustainable fuel types.
