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Dan-Bunkering continues to deliver strong results

Wednesday, 10 July 2024 | 00:00

Dan-Bunkering shows solid financial achievements and presents a strong EBT of USD 47 million and a revenue of USD 3.8 billion, delivering on robust financial results from the previous year.

Dan-Bunkering is proud to announce its 2023/2024 financial result with an EBT of USD 47 million, up from USD 46 million last financial year. Revenue reached USD 3.8 billion, which is Dan-Bunkering’s second highest revenue over the past five-year period, and with this year’s result Dan-Bunkering continues to build on strong financial performances of the past fiscal year.

DB1 Claus Bulch Klausen, CEO, Dan-Bunkering

“In a year characterised by geopolitical tensions and shifting demands across shipping segments, we are immensely proud of the results we have achieved. They are a testament to the great work from the teams around the world in navigating these challenges,” says Claus Bulch Klausen, CEO of Dan-Bunkering, and continues:

“The past financial year saw an increased focus on the transition towards decarbonisation. We have put increased effort into assisting our clients and suppliers in adapting to the recently implemented environmental regulations, such as the EU ETS scheme, and demands within for instance the alternative fuels space. We are therefore investing time and resources to assist our partners with finding the best way forward.”

Riding the next wave

In May 2023, Dan-Bunkering launched an ambitious strategy “Ride the Next Wave” and since its launch, Dan-Bunkering’s main focus has been on integrating and promoting this strategy and its core purpose: pioneering the next wave of fuel solutions.

Dan-Bunkering has invested in educating its employees on topics surrounding the transition towards decarbonisation and is constantly developing new initiatives creating added value for its business partners.

“At Dan-Bunkering, we have always embraced the pioneering spirit. Therefore, Ride The Next Wave which was partly initiated by changing dynamics within the maritime industry, customer demands, and an increasing emphasis on decarbonisation, is a journey that our employees have been eager to join. So far, the strategy has resulted in a pipeline of several initiatives, engaging the entire organisation,” says Claus Bulch Klausen.

Dan-Bunkering’s Annual Report will be submitted to the Danish Business Authority later in July, once it has been finally approved by the boards and shareholders.
Source: Dan-Bunkering

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