FEATURE: Hafnia Sees Rising Interest in Bunker Buying Alliances
by Ship & Bunker News Team
Wednesday July 21, 2021 Peter Grunwaldt, Head of Bunkers in Hafnia. Image Credit: Hafnia Traditionally, shipowners and operators have acted alone to fuel their own vessels – that is, they buy their own bunkers regardless of the number of vessels they have or whether they have designated bunker buyers within their teams. The idea of buyers coming together to pool their buying resources is nothing new, and discussion on the matter saw particular recent attention in 2019 as part of the run up to IMO 2020, with the likes of
Hafnia among those publicly encouraging Owner / Operators to adopt such a strategy.
Bulgaria s Agria Group Holding increases 2020 cons net profit, revenue Author: Agria Group Holding. License: All rights reserved.
SOFIA (Bulgaria), February 24 (SeeNews) - Bulgarian farming group Agria Group Holding [BUL:A72] said that its consolidated net profit rose to 12.6 million levs ($7.8 million/6.4 million euro) in 2020 from 11.3 million levs in 2019, backed by higher revenue.
Agria Group Holding s revenue grew to 351 million levs last year from 323.7 million levs in 2019, the company said in an annual financial statement, published on Tuesday.
The company s expenses increased to 338.2 million levs from 312.3 million levs, mostly due to a rise in cost of goods sold.
The holding company and its units invested 786,000 euro in the purchase of farm land in 2020, 570,000 euro in the expansion and modernisation of its storage facilities, and 1.9 million euro in the purchase of agricultural machinery.