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Overview of World Fuel Services Corp (INT)
World Fuel Services Corp, headquartered in Miami, Florida, is a leading global fuel logistics company specializing in the marketing, sale, and distribution of aviation, marine, and land fuel, along with related products and services. Operating across more than 8,000 locations in over 200 countries and territories, the company plays a critical role in ensuring seamless fuel supply chains for a diverse range of industries. Its comprehensive portfolio of services positions it as a vital partner in the global energy and transportation ecosystems.
Core Business Segments
Aviation Fuel Solutions
World Fuel Services provides fuel and logistics solutions to a wide array of aviation customers, including commercial airlines, cargo carriers, private aircraft operators, and fixed base operators (FBOs). Additionally, the company serves governmental entities in both the United States and abroad. By leveraging its extensive network and domain expertise, World Fuel Services ensures reliable fuel supply and optimized operations for its aviation clients, addressing the unique demands of the aviation industry.
Marine Fuel Logistics
The marine segment caters to international container and tanker fleets, cruise lines, and time-charter operators. World Fuel Services offers tailored solutions to meet the specific needs of its marine clients, including fuel procurement, delivery, and management. Its ability to operate in diverse geopolitical and environmental conditions underscores its expertise in navigating the complexities of the global marine fuel market.
Land Fuel Distribution
In the land sector, the company serves petroleum distributors, retail petroleum operators, and industrial, commercial, and governmental customers. By providing fuel products and related services, World Fuel Services supports critical infrastructure and operations across a wide range of industries. Its land fuel solutions are designed to enhance efficiency and reliability for its clients, ensuring uninterrupted operations in demanding environments.
Global Reach and Expertise
One of World Fuel Services' key differentiators is its expansive global footprint, which spans over 200 countries and territories. This extensive reach is supported by a team of market makers with deep domain expertise in fuel management. The company's ability to operate at scale, combined with its commitment to delivering tailored solutions, positions it as a trusted partner for customers with complex fuel needs.
Industry Significance
World Fuel Services operates at the intersection of energy logistics and transportation, providing critical infrastructure that supports global commerce. Its role in facilitating efficient fuel supply chains contributes to the operational success of its clients across aviation, marine, and land sectors. By delivering reliable and customized solutions, the company helps its customers navigate the challenges of a dynamic and competitive marketplace.
Competitive Landscape
In a highly competitive industry, World Fuel Services distinguishes itself through its integrated approach to fuel logistics, combining supply chain management, customer service, and sector-specific expertise. Key competitors likely include large integrated oil companies and specialized fuel logistics providers. The company's ability to adapt to market fluctuations and geopolitical risks further enhances its competitive positioning.
Conclusion
World Fuel Services Corp is a cornerstone of the global fuel logistics industry, providing essential services that enable the smooth operation of aviation, marine, and land transportation networks. Its extensive global reach, deep industry expertise, and commitment to tailored solutions make it a vital partner for businesses and governments worldwide. By addressing the unique challenges of its diverse customer base, World Fuel Services continues to play a pivotal role in the global energy and transportation sectors.
World Fuel Services Corporation (NYSE:INT) will host a conference call on April 27, 2023, at 5:00 p.m. Eastern Time, to discuss its first quarter results and forward-looking information. The company plans to release its first quarter results after market close on the same day. Participants can join via live webcast or phone after pre-registration. A replay will be available until May 11, 2023. Headquartered in Miami, Florida, World Fuel Services provides energy procurement and related services globally, covering industries such as aviation and marine. They manage transactions and payments for clients at over 8,000 locations in more than 200 countries. For further details, visit the company’s website.
World Fuel Services Corporation (NYSE:INT) has declared a quarterly cash dividend of $0.14 per share. This dividend is scheduled for payment on April 21, 2023 to shareholders of record as of April 6, 2023. Headquartered in Miami, Florida, World Fuel Services is a global energy management company that provides energy procurement advisory services and supply fulfillment, primarily in aviation, marine, and land transportation. The company operates over 8,000 locations across more than 200 countries worldwide.
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