Uni-Fuels Holdings Ltd. (Uni-Fuels), a rapidly growing global provider of marine fuel solutions based in Singapore, has achieved a historic milestone by becoming the first marine fuel company from the country to be listed on Nasdaq under the ticker symbol UFG. This achievement underscores the company’s growth and leadership in the marine fuel sector.
The Nasdaq listing marks the beginning of a promising growth trajectory for Uni-Fuels. The company is committed to customer-centric innovation, sustainability, and maintaining its leadership in the marine fuel sector. Uni-Fuels is well-positioned to continue delivering smarter and more efficient solutions to the global shipping industry.
Uni-fuels Initial IPO Offering
Through its Initial Public Offering (IPO), Uni-Fuels raised $8.4 million by issuing 2.1 million Class A Ordinary Shares at $4.00 per share, demonstrating its increasing market influence. The listing marks a new phase for the company as a publicly traded entity focused on innovation and progress.
CEO Statement from Koh Kuan Hua
“We are incredibly proud to be the first Singapore-based marine fuel provider to be listed on Nasdaq,” said Koh Kuan Hua, CEO of Uni-Fuels. “This accomplishment reflects the dedication of our team and the confidence investors have in our business model and long-term vision.”
He added, “This listing will help us expand our global footprint, enhance our capabilities, establish new partnerships, and continue to provide high-quality marine fuel solutions worldwide.”
Koh emphasized, “As we transition into a publicly traded company, we remain committed to advancing our position as a fast-growing, innovative provider in the marine fuel sector. This IPO provides a strong foundation for long-term value creation for our shareholders.”
Focus on Sustainability and Customer-Centric Solutions
Uni-Fuels is not only committed to delivering top-tier fuel products but also offers tailored services to streamline fuel procurement for customers. These include agile pricing, transparent fuel management, trade credit options, and real-time market intelligence, all designed to enhance operational efficiency and financial clarity.
A major focus of Uni-Fuels is sustainability in the shipping industry. The company is actively working on alternative fuel solutions, such as ISCC-certified biofuels and carbon credits, in line with the International Maritime Organization’s (IMO) emissions reduction goals. By supporting sustainability, Uni-Fuels aids its customers in reducing their environmental footprint and achieving their carbon reduction targets.
About Uni-Fuels
Founded in 2021, Uni-Fuels has rapidly emerged as a leader in the marine fuel industry. The company specializes in optimizing fuel procurement through integrated supply logistics, offering a comprehensive range of marine fuels, including Very Low Sulphur Fuel Oil (VLSFO) and High Sulphur Fuel Oil (HSFO). Uni-Fuels is dedicated to providing tailored solutions and operational excellence, while also advancing sustainability initiatives that support the global shipping community.
Source Uni-Fuels Holdings Ltd.