Uni-Fuels Strengthens Asian Market Presence with A New Office in Shanghai
Centrally located in Lujiazui, the subsidiary Uni-Fuels (Shanghai) Co., Ltd., also known as Uni-Fuels Shanghai, marks a significant milestone for the Company, positioning it to meet the growing demand for reliable, sustainable marine fuel solutions across Asia. As home to the world's busiest container port, Shanghai serves as a vital maritime hub and gateway to global shipping. The establishment of this office reinforces the Company's commitment to supporting customers and working partners with local expertise and global standards.
Speaking on the Company's growing presence in Asia, Alan Tan, Senior Vice President, Commercial of Uni-Fuels, underscored, 'Calibrated efforts to expand our geographical footprint reflect the Company's dedication to being where our customers and suppliers operate. With this new office, we walk the talk of putting our customers first by leveraging expertise, enhanced operational reach and greater service responsiveness to better serve them. Our local team possesses a deep understanding of the Asian market, enabling us to respond nimbly to customers' needs and the evolving dynamics in our operating landscape.'
'Close geographic ties enable more frequent face-to-face interactions with suppliers, which facilitate quicker problem-solving and support regional sourcing strategies that bolster supply chain resilience. Customers can look forward to an expanded offering of customer-centric solutions, enhanced operational support, and a broader supply network across global shipping routes.'
'As a growing player in the bunker industry, Shanghai is an excellent platform to gain access to real-time intelligence on fuel supply dynamics, regulatory changes, and emerging demand trends that are essential for proactive and efficient fuel procurement,' added Mr. Tan.
Anchored in an ongoing expansion plan, Uni-Fuels is actively forging robust regional partnerships and deepening access in key marine fuel hubs. Moving ahead, the Company continues to play an integral role in the maritime value chain, shaping sustainable bunkering solutions and empowering ship operators with diverse, efficient fuel options that meet the needs of the nascent maritime sector.
About Uni-Fuels Holdings Limited
Uni-Fuels is a fast-growing global provider of marine fuel solutions, helping shipping companies optimize fuel procurement across all markets and time zones. Founded in 2021, Uni-Fuels has evolved from modest beginnings into a dynamic, forward-thinking company. Backed by a passionate team and a growing presence across multiple locations, it has forged trusted partnerships with customers, supporting them in achieving their operational objectives with confidence, from shore to shore.
For more information, visit www.uni-fuels.com.
Forward-Looking Statements
This press release contains 'forward-looking statements' within the meaning of the 'safe harbor' provisions of the Private Securities Litigation Reform Act of 1995. You can identify forward-looking statements by the fact that they do not relate strictly to historical or current facts. These statements may include words such as 'anticipate', 'estimate', 'expect', 'project', 'plan', 'intend', 'believe', 'may', 'will', 'should', 'can have', 'likely' and other words and terms of similar meaning. Forward-looking statements represent Uni-Fuels' current expectations regarding future events and are subject to known and unknown risks and uncertainties that could cause actual results to differ materially from those implied by the forward-looking statements. These statements are subject to uncertainties and risks including, but not limited to, the uncertainties related to market conditions and other factors discussed in the 'Risk Factors' section of the Company's annual report on Form 20-F filed with the SEC on April 22, 2025. For these reasons, among others, investors are cautioned not to place undue reliance upon any forward-looking statements in this press release. Additional factors are discussed in the Company's filings with the SEC, which are available for review at www.sec.gov. The Company undertakes no obligation to publicly revise these forward-looking statements to reflect events or circumstances that arise after the date hereof.
Contact Information
For Investor Relations:
Uni-Fuels Holdings Ltd
Email: [email protected]
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
CNBC
14 minutes ago
- CNBC
Asia-Pacific markets set to open mostly higher as investors parse Fed's latest comments
Sunset scene of light trails traffic speeds through an intersection in Gangnam center business district of Seoul at Seoul city, South Korea Mongkol Chuewong | Moment | Getty Images Asia-Pacific markets are set to open mostly higher on Wednesday as investors digest the latest comments from U.S. Federal Reserve Chair Jerome Powell. Powell said Tuesday that the central bank would have already cut interest rates if it weren't for U.S. President Donald Trump's tariff initiatives. Japan's benchmark Nikkei 225 was set to open lower, with the futures contract in Chicago at 39,665 while its counterpart in Osaka last traded at 39,570, against the index's last close of 39,986.33. Australia's S&P/ASX 200 is set to open higher with futures tied to the benchmark at 8,558 compared to its last close of 8,541.1. Futures for Hong Kong's Hang Seng index stood at 24,170, higher than its last close of 24,072.28. U.S. stock futures were little changed early Asian hours after investors began the second half of the year with a reduced appetite for technology stocks. Overnight stateside, the three major averages closed mixed. The S&P 500 inched down 0.11% and closed at 6,198.01, while the Nasdaq Composite lost 0.82% to settle at 20,202.89. The blue-chip Dow was the outlier, gaining 400.17 points, or 0.91%, to end at 44,494.94. — CNBC's Sean Conlon and Tanaya Macheel contributed to this report. U.S. Federal Reserve Chair Jerome Powell walks to attend a press conference following the issuance of the Federal Open Market Committee's statement on interest rate policy in Washington, D.C., U.S., June 18, 2025. Kevin Mohatt | Reuters Although Federal Reserve Chair Jerome Powell said last week that he expects policymakers to remain on hold until there's more clarity on the impact of President Donald Trump's tariffs on prices, the central bank may look to cut interest rates if there's a downturn in the labor market. "Occam's razor suggests that inflation is already stuck above target, with risks to the upside from tariffs over the next several months," wrote economist Aditya Bhave in a Tuesday note. "The Fed might still cut rates this year if there is compelling evidence of labor market deterioration. But the lack of progress on inflation raises the bar for cuts." Additionally, Bhave anticipates there could be much more impact to the U.S. economy from tariffs ahead. "An optimistic take on the data would be that the pickup in goods inflation reflects some preemptive price hikes ahead of the tariffs," he continued. "Still, there is most likely a lot more tariff-driven inflation in the pipeline." — Sean Conlon
Bloomberg
28 minutes ago
- Bloomberg
Asia's Strong July Track Record to Be Put to Test by Tariff Risk
A seasonal lift for Asian equities in July may falter this year as tariff and macroeconomic concerns dampen sentiment. Markets are bracing for heightened volatility ahead of the July 9 deadline for countries to cut trade deals with the US. Uncertainty over the outcome of these negotiations may pose a hurdle for regional shares to maintain an average return of 1.36% for July — the second-best performing month of the year — over the past decade.
Business Wire
42 minutes ago
- Business Wire
Northern Trust Corporation announces 2025 Stress Capital Buffer and Intent to Increase Quarterly Common Stock Dividend by 7 percent
CHICAGO--(BUSINESS WIRE)--Northern Trust Corporation today commented on the results of the Federal Reserve's 2025 Comprehensive Capital Analysis and Review (CCAR). Northern Trust will propose an increase of $0.05/share to its quarterly cash dividend on common stock, subject to approval by its board of directors. 'The results of the Federal Reserve's annual CCAR stress tests have again confirmed the strength of our capital position and business model,' Chairman and Chief Executive Officer Michael O'Grady said. 'We continue to maintain robust capital levels and look forward to investing in our franchise and returning excess capital to shareholders, in line with our strategic priorities.' Based on the 2025 CCAR results, Northern Trust will be subject to a preliminary stress capital buffer (SCB) of 2.5 percent, which is the minimum SCB requirement under the applicable regulation and unchanged from the current level. The SCB will be effective from October 1, 2025, to September 30, 2026, and will equate to a minimum common equity tier 1 (CET1) ratio of 7 percent. Northern Trust evaluates its planned capital actions, inclusive of its quarterly cash dividend on common stock, at each quarterly board of directors meeting. At the July 2025 meeting, Northern Trust will propose an increase of $0.05/share to its quarterly cash dividend on common stock, subject to approval by its board of directors. Northern Trust will continue to take an opportunistic, considerate approach to common stock repurchases. About Northern Trust Northern Trust Corporation (Nasdaq: NTRS) is a leading provider of wealth management, asset servicing, asset management and banking to corporations, institutions, affluent families and individuals. Founded in Chicago in 1889, Northern Trust has a global presence with offices in 24 U.S. states and Washington, D.C., and across 22 locations in Canada, Europe, the Middle East and the Asia-Pacific region. As of March 31, 2025, Northern Trust had assets under custody/administration of US$16.9 trillion, and assets under management of US$1.6 trillion. For more than 135 years, Northern Trust has earned distinction as an industry leader for exceptional service, financial expertise, integrity and innovation. Visit us on Follow us on Instagram @northerntrustcompany or Northern Trust on LinkedIn. Northern Trust Corporation, Head Office: 50 South La Salle Street, Chicago, Illinois 60603 U.S.A., incorporated with limited liability in the U.S. Global legal and regulatory information can be found at
