FUEL SUPPLIER NOTES GROWTH IN SUSTAINABLE OPTIONS

Jul 10, 2026 | Marine fuel & lubricant news, Maritime business news

Marine energy solutions provider KPI OceanConnect has announced its financial results for the year 2025/2026, during which it delivered 13m tonnes of marine fuel, increasing revenue to US$ 6.2bn.

The results are thought to reflect a year of strong operational performance, business expansion and continued investment in supporting the maritime industry’s energy transition amid heightened volatility.

In January 2026, the company completed the integration of marine fuel company Baseblue, strengthening its global footprint, aligning regional teams more closely and enhancing ability to deliver consistent service and greater value to customers.

Dorthe Bendtsen, KPI OceanConnect CEO, said: “By integrating Baseblue, investing in our people and expanding both our advisory and digital capabilities, we have further enhanced our ability to help customers navigate market volatility, regulatory change and the practical realities of the energy transition. The results for the year reflect the strength of our partnerships, the dedication of our teams and the trust our customers place in us every day.”

In response to geopolitical and regulatory challenges over the past year, including the effective closure of the Strait of Hormuz, KPI OceanConnect continued to invest in the expertise, technology and capabilities required to support customers in developing fuel and compliance strategies aligned with their commercial and operational objectives. Through its alternative fuels and carbon markets team, the company expanded support for customers seeking guidance on biofuels, LNG, methanol, carbon compliance and FuelEU Maritime strategies. KPI OceanConnect saw growing demand for EU Allowance (EUA) trading and FuelEU pooling solutions, trading more than 2m EUAs during the year and helping 250 shipowners and operators identify practical and commercially viable pathways to compliance.

The company continued to leverage the strength of the Bunker Holding Group’s supply network, which provides access to biofuel solutions in more than 250 ports worldwide. This infrastructure enables customers to access lower-carbon fuel options where and when they need them, supporting both compliance and commercial objectives while helping prepare for the evolving regulatory landscape.

Bendtsen added: “The industry is operating in a period where energy, regulatory and geopolitical risks are increasingly interconnected. Our role is to help customers navigate these complexities by providing market insight, compliance expertise and access to a broad range of fuel and risk management solutions.”

Image: KPI OceanConnect CEO Dorthe Bendtsen (source: KPI OceanConnect)

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