Bunker One
- Company typePrivate
- Founded1980
- HeadquartersMiddelfart, Denmark
- Headcount101–250
- GTM typeB2B
- OfferingServices
Bunker One firmographics
Firmographics- Name
- Bunker One
- Legal name
- Bunker One A/S
- Website
- https://bunkerone.com
- Company type
- Private
- Founded year
- 1980
- Operating status
- Operating
- Headcount range
- 101–250 employees
- Ownership category
- akta.pro rank
Where Bunker One is headquartered
LocationHeadquarters
- HQ city
- Middelfart
- HQ country
- Denmark
- HQ region
- Europe
Offices13 records
Markets served
Bunker One business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Supply Chain, Operations, Infrastructure, Personnel, Marketing or Sales, Technology or R&D
Revenue model
- Marine Fuel Supply: Physical supply and delivery of marine fuels including VLSFO, MGO, HSFO, LNG, methanol, and biofuels. Revenue generated through product sales and delivery services at ports worldwide. Volume-based pricing with contracts and spot sales.
- Bunker Consultancy: Technical consultancy services including fuel quality advisory, compatibility testing, and compliance guidance for regulatory requirements.
- LNG Bunkering: Physical LNG supply operations in northwestern Europe, launched January 2025.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Other | Pay-as-you-go | Quote-based pricing for all marine fuel products |
Go-to-market motion1 record
Distribution channels3 records
Marketing channels4 records
Bunker One product offering
Product offeringCore offering
Bunker One is a global physical marine fuel supplier operating across 20+ locations worldwide. It supplies and delivers marine fuels (VLSFO, LSMGO, MGO, HSFO, LNG, ULSFO, biofuels, HVO, and methanol) and lubricants to commercial vessels via truck, barge, ex-pipe, and offshore supply methods. The company also provides bunkering consultancy, fuel quality advisory, and compliance guidance, delivering over 6 million metric tons of marine fuel annually.
Product overview
Bunker One is a global physical fuel supply network offering marine bunkering services across 20+ locations worldwide. The core offering centers on physical bunkering services with a diversified portfolio of fuel products including VLSFO, LSMGO, MGO, HSFO, LNG, ULSFO 0.10%, biofuels, HVO, and methanol. Services include consultancy, delivery (truck, ex pipe, barge, offshore), and the QHSE Management System. The company operates across North America, Latin America, Europe, Africa, and the Caribbean, with headquarters in Middelfart, Denmark.
Differentiator
Problem solved
Functional benefit
Products and services
- Physical Bunkering Services End-to-end physical marine fuel supply service covering vessel refueling via truck delivery, ex-pipe, barge, and offshore supply at berths, anchorages, and offshore locations worldwide. Delivered to commercial shipping operators, ferry operators, and naval/government vessels.
- VLSFO (Very Low Sulphur Fuel Oil) 0.5% sulphur compliant marine fuel meeting MARPOL Annex VI requirements, available across major bunkering ports for commercial vessels.
- LSMGO (Low Sulphur Marine Gas Oil) Low sulphur marine gas oil meeting ECA and global sulphur regulations for compliant vessel propulsion.
- MGO (Marine Gas Oil) Standard marine gas oil for vessel propulsion and auxiliary systems.
- HSFO (High Sulphur Fuel Oil) High sulphur fuel oil for vessels equipped with scrubber systems.
- LNG Bunkering Liquefied natural gas as an environmentally friendly marine fuel alternative, supplied in northwestern European ports for LNG-fueled vessels.
- ULSFO 0.10% Ultra low sulphur fuel oil with 0.10% maximum sulphur content for compliance in sulphur-controlled areas, offered across Northern Germany including the Weser River region.
- Biofuels Sustainable biofuel blends including B30, B100, and EN14214 FAME products for reduced carbon emissions, supplied to ferry and commercial operators.
- HVO (Hydrotreated Vegetable Oil) Fossil-free hydrotreated vegetable oil reducing CO2 emissions by up to 90%, used as a drop-in alternative marine fuel.
- Methanol Bunkering Alternative fuel option for methanol-ready vessels, available for barge and truck supply in Northern Europe, supported by methanol-ready bunker tanker MT NORE.
- Bunker Consultancy Services Expert advisory services helping customers select compliant fuel solutions, navigate regulatory requirements such as EU ETS and FuelEU Maritime, and optimize bunker strategies.
- Marine Lubricants Marine lubricants supplied alongside marine fuel products for vessel operators.
- nanO2 Fuel Combustion Catalyst Fuel combustion catalyst product enhancing marine fuel combustion efficiency, sold under exclusive rights via partnership with Purify Fuel.
Quantifiable outcome
- 6 million metric tons delivered annually
- +3 more outcomes
Companies that use Bunker One
Customer profileNamed customers5 records
Segments5 records
Ideal customer profiles4 records
Bunker One technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature2 records
Bunker One partnerships and signals
Strategic signalPartnerships
Eleven partnerships are on record, tiered core and minor.
- Element Alpha (NYH)coreFull acquisition of Element Alpha's NYH storage position in New York, effective March 1, 2025. Secures strategic foothold in U.S. bunkering market.
- Quay Energy SolutionscoreAcquisition of Quay Energy Solutions' UK marine fuel company assets, including strong supply network and loyal customers. Strengthens UK presence.
- AcelencoreStrategic partnership in Brazil covering multiple locations: Port of Itaqui, Sepetiba OPL, and Port of Salvador. Forecasts significant growth in annual bunker fuel sales. New bunkering operations at each location.
- Red Sea BunkeringcoreStrategic alliance to create competitive bunker alternative in Djibouti. Bunker One provides global experience and supply chain; Red Sea Bunkering provides local operational expertise. Floating storage of 70,000-80,000 DWT. MT RED SEA 1, MT VER, and MT GSS perform bunkering operations. Products include VLSFO, HSFO, and MGO meeting ISO 2010 specifications.
- Vivo Energy MauritiuscorePartnership for Port Louis, Mauritius operations. Vivo Energy provides tank storage facilities (20,000 m3 capacity) and has been supplying marine fuels in Mauritius for over 70 years. Bunker One leases physical storage on land, ensuring constant flow of products.
- MolslinjenminorLong-term supply agreement for HVO biodiesel for Fanølinjen ferry route. Reduces CO2 emissions by up to 90 percent.
- Color LineminorBiofuel collaboration where Color Line's two passenger ferries ran on B100 biofuel for one month. Bunker One led supply and logistics.
- Sea Machine RoboticsminorSupply of green HVO-fuel to Nellie Bly, world's first fully autonomous vessel for maiden voyage around Denmark. Supports pioneering spirits in autonomous shipping.
- Uni-TankersminorM/T Amak Swan owned by Uni-Tankers and operated by Bunker Holding subsidiary Bunker One. Used for biofuel trials and delivery in Danish straits.
- MonjasaminorMonjasa handed over operation of Port of Skagen oil terminal to Bunker One. Terminal consists of 8 tanks with combined capacity of 42,000 m3.
- Unioil SupplyminorOperates Port of Skagen oil terminal under Bunker One's assumption of operations.
Scale indicators6 records
Recent moves20 records
Expansion highlights6 records
Bunker One competitors and assessment
Company assessmentDirect peers
- Monjasa: Denmark-based global independent bunker supplier operating tankers, barges, and storage across West Africa, Americas, Europe, and Asia. Direct competitor to Bunker One with similar independent physical supply model and overlapping geographies; notably transferred Port of Skagen terminal operations to Bunker One in 2020.
- Peninsula Petroleum: Singapore-headquartered independent physical marine fuel supplier with global bunker trading operations across major ports. Directly comparable to Bunker One as an independent bunker trader with similar multi-fuel portfolio and geographic diversification.
- KPI OceanConnect: Global bunker trading and marine fuel supplier operating across major shipping hubs, offering VLSFO, HSFO, MGO, biofuels, and LNG. Direct competitor to Bunker One with comparable physical supply capabilities and customer base across commercial shipping segments.
- GAC Bunker Fuels: Global bunker supplier within the GAC Group, providing marine fuel procurement, delivery, and quality services worldwide. Direct competitor with similar end-to-end bunker delivery model including alternative fuels and consultancy services.
- Concord Energy: Singapore-based global physical marine fuel supplier with operations across major bunker hubs. Comparable to Bunker One as an independent trader focused on physical delivery of conventional and alternative marine fuels.
- Integr8 Fuels: Independent global bunker trading house providing marine fuel procurement, quality management, and delivery services. Directly comparable to Bunker One as an independent broker/trader focused on commercial shipping customers worldwide.
Broad incumbents
- World Fuel Services: Large publicly-traded global fuel supplier with marine, aviation, and land segments, offering bunker fuel, lubricants, and energy solutions. Broader incumbent with overlapping marine fuel business but also serving aviation and land-based customers.
- Vitol Bunkers: Global commodities trader and energy supplier with substantial marine fuel operations as part of its broader oil trading portfolio. Overlapping bunker supply capability but operates as part of much larger trading and refining conglomerate.
- Trafigura Pte Ltd: Global commodities trading giant with marine fuel supply operations as part of its broader oil and metals trading business. Comparable in that it supplies marine fuels globally, but with significantly larger scale and broader commodity exposure.
Regional players
- Unioil Supply: Philippines-headquartered independent bunker supplier with focus on Asia-Pacific markets. Comparable business model to Bunker One as independent physical supplier; operates Port of Skagen terminal in partnership with Bunker One.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat6 records
Key risks1 record
Key highlights6 records
Customer concentration
Bunker One social profiles
Digital presenceBunker One compliance and trust
Trust signalCompliance5 records
Bunker One financial estimates
Financial estimateRevenue estimate
Valuation estimate
Bunker One leadership team
Management profileNumber of profiles
Profiles12 records
Bunker One subsidiaries and ownership
Company hierarchySubsidiaries8 records
Bunker One funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Bunker One M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Bunker One
What does Bunker One do?
Bunker One is a global physical marine fuel supplier operating across 20+ locations worldwide. It supplies and delivers marine fuels (VLSFO, LSMGO, MGO, HSFO, LNG, ULSFO, biofuels, HVO, and methanol) and lubricants to commercial vessels via truck, barge, ex-pipe, and offshore supply methods. The company also provides bunkering consultancy, fuel quality advisory, and compliance guidance, delivering over 6 million metric tons of marine fuel annually.
Is Bunker One a public or private company?
Bunker One is a private company. It is classified as corporate owned and is currently operating.
When was Bunker One founded?
Bunker One was founded in 1980. It employs 101 to 250 people.
Where is Bunker One based?
Bunker One is headquartered in Middelfart, Denmark, in the Europe region.
How does Bunker One make money?
Three revenue lines are on record. Marine Fuel Supply is the primary driver. The others are bunker Consultancy and LNG Bunkering.
Who are Bunker One's main competitors?
Direct peers on record are Monjasa, Peninsula Petroleum, KPI OceanConnect, GAC Bunker Fuels, Concord Energy and Integr8 Fuels. Broad incumbents are World Fuel Services, Vitol Bunkers and Trafigura Pte Ltd. Unioil Supply is listed as a regional player.
Does Bunker One have an API?
No public API is recorded for Bunker One.