30MAR2019 - NEWS - FESCO Bunker volume decrease in 2018

Russia's FESCO group revenue from bunkering services decreased by 1.9% down to 1.02 bn rubles, while EBITDA grew by 32.1% up to 0.04 bn rubles.

The 2018 bunkering volumes amounted to 72400 metric tonnes, a 5.5% decrease as compared to 2017.

As per the management bunkering operations were optimised to reflect the changes in the Bunkering Division's role, which now mainly revolves around providing bunkering services for the Group’s own fleet.

Published by Editor - www.Livebunkers.com at 30-Mar-2019 01:16:34 [UTC] , contact editor at editor@livebunkers.com