Bunker trading companies will need to pay attention to their credit lines once the new sulfur limit on bunker fuel kicks in in nine months’ time, a senior bunker executive has said. Speaking on the sidelines of UAE bunker event, FUJCON, Glander International Bunkering CEO Carsten Ladekjær said companies need to ensure they have the…
Glander International Bunkering, a leading marine fuel and lubricant trading firm, has been selected as one of the UAE’s best workplaces after an independent analysis was conducted by Great Place to Work® Institute United Arab Emirates. This certification is based on direct feedback from employees, provided as part of an extensive and anonymous survey about…
NEW YORK (December 4, 2018) – Glander International Bunkering, a leading marine fuel and lubricant trading firm, has been shortlisted in the Corporate Social Responsibility – Diversified Program category for the upcoming S&P Global Platts Global Energy Awards. The 2018 winners will be announced on December 6 by S&P Global Platts, the leading global provider…
A harsh commercial environment for shipping and the bankruptcy of OW Bunker have certainly taken their toll on bunker trading companies. Carsten Ladekjær, CEO of Glander International Bunkering, tells Lesley Bankes- Hughes that while bunker sector consolidation is still an ongoing process, the role of the trader will increase in importance after the 2020 watershed.…
Glander International Bunkering, a leading marine fuel and lubricant trading firm, has now opened in Valencia, Spain. The Valencia office will be the company’s seventh office globally and third service point in Europe, serving clients in the Mediterranean and Spanish-speaking regions. As the new Managing Director of the Spain office, Hernan B. Ortiz has officially…
As many in the Shipping and Bunker industries continue to struggle with the “new market norms”, one positive from the increased pressure is that it is forcing people at all stages of the bunker supply chain to look more closely at who they are dealing with, Glander International Bunkering (GIB) CEO Carsten Ladekjaer has told…
The introduction of a 0.50% sulfur cap on marine fuel in 2020 will result in increased financial pressure on both Shipping and physical suppliers, a situation that will ultimately be to the benefit of large bunker traders, Glander International Bunkering (GIB) CEO Carsten Ladekjaer has told Ship & Bunker. “The IMO 2020 cap is the…
Glander International Bunkering, a leading marine fuel and lubricant trading firm, has internally promoted Bunker & Lubricant Traders in its Dubai office. Morten Langthjem, Sales Manager in Dubai, denotes that, “All traders are great assets to the group and their extensive expertise plays an integral role in the organisation’s success rate. It is with great…
* Bunker industry ripe for consolidation * Smaller players to come under pressure * Economies of scale, 2020 sulfur cap to drive industry M&A UAE-based Glander International Bunkering, the largest bunker trader and brokerage in the Middle East by sales, is targeting a 10%-15% year on year growth in bunker fuel sales through organic expansion…
Glander International Bunkering Mumbai has moved to a brand new office in Mumbai’s booming business district, Bandra Kurla Complex. The move is in line with the group’s quest to be closer to its customers and to this end the new office is centrally located in a business hub. Bandra Kurla Complex – popularly referred to…