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The USTC Group

Bunker Holding Group

About Bunker Holding Group

Still owned by
the founding family

Bunker Holding Group is the world’s leading company in bunker trading, supplying marine fuel, lubricants, and risk management solutions to the shipping industry. With operations in every major time zone and presence in over 1,500 ports, Bunker Holding ensures that vessels are fuelled wherever and whenever they need responsibly, efficiently, and seamlessly.

The business spans three core areas: bunker trading, risk management, and physical supply through Bunker One. Across every service, the focus remains clear: to deliver reliable, responsible, and seamless fuel solutions that keep global shipping in motion.

As the industry continues to evolve, Bunker Holding remains focused on enabling the future of fuel, guiding clients through change and complexity while delivering certainty across oceans.

Key Figures

Profit before tax from continuing operations
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USD million
Equity
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USD million
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Bunker Holding x USTC

The Legacy that
fuelled a Global Group

Bunker Holding has been a foundational part of the USTC Group’s journey, both historically and strategically. What began in 1981 as a small Danish bunkering business led by Torben Østergaard-Nielsen has grown into a global industry leader. In 1994, Bunker Holding was formally established to consolidate the Group’s bunker activities under one umbrella.

Since then, Bunker Holding has played a key role in USTC’s international expansion and remains the Group’s largest and most globally integrated business. From pioneering independent fuel trading in the 1980s to operating 66 offices worldwide today, Bunker Holding has not only shaped the market, but helped shape USTC into the Group it is today.

Still owned by the Østergaard family, Bunker Holding continues to operate with the same long-term commitment, entrepreneurial spirit, and independence that define USTC as a whole.

Bunker Holding around the World

Fueling world trade

With more than 1,500 employees representing over 50 nationalities, operations in 60 offices across 30 countries, and activity in more than 1,500 ports, Bunker Holding is USTC’s most globally integrated company and one of the leading marine fuel suppliers in the world.

Careers

Join Bunker Holding today

Bunker Holding is home to a dynamic global team of fuel traders, analysts, and specialists who help keep global shipping in motion. With offices based in every major trading hub from Middelfart to Singapore, Houston to Dubai, the company offers diverse career paths worldwide.

Whether you are a seasoned trader or looking to step into an international commercial role, Bunker Holding offers the environment to thrive.

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The USTC Group

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