Uni-Fuels Strengthens Asian Market Presence with A New Office in Shanghai

Rhea-AI Summary

Uni-Fuels Holdings Limited (NASDAQ: UFG), a Singapore-based marine fuel solutions provider, has announced the opening of a new office in Shanghai's Lujiazui district through its subsidiary Uni-Fuels (Shanghai) Co., Ltd. This expansion follows the establishment of a Dubai office near Fujairah in April 2025.

The strategic location in Shanghai, home to the world's busiest container port, strengthens the company's Asian market presence and demonstrates its commitment to enhanced customer service. According to Alan Tan, Senior Vice President, Commercial, the expansion will enable more frequent face-to-face interactions with suppliers, facilitate quicker problem-solving, and support regional sourcing strategies.

The new office aims to provide customer-centric solutions, enhanced operational support, and access to real-time intelligence on fuel supply dynamics, regulatory changes, and emerging demand trends in the marine fuel sector.

Positive

• Strategic expansion into Shanghai, home to the world's busiest container port
• Recent establishment of Dubai office near Fujairah shows continued global expansion
• Enhanced local presence enables better customer service and supplier relationships
• Improved access to real-time market intelligence and regional sourcing opportunities

Negative

• None.

SINGAPORE, June 30, 2025 (GLOBE NEWSWIRE) -- Uni-Fuels Holdings Limited (NASDAQ: UFG), (“Uni-Fuels” or the “Company”), a global provider of marine fuel solutions headquartered in Singapore, today announced the opening of a new office in Shanghai. As part of the Company’s global expansion strategy, Uni-Fuels has also established an office in Dubai, located near Fujairah, in April.

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: investors@uni-fuels.com

FAQ

Where has Uni-Fuels (NASDAQ: UFG) opened its new office in Shanghai?

Uni-Fuels has opened its new office in the Lujiazui district of Shanghai through its subsidiary Uni-Fuels (Shanghai) Co., Ltd.

What is the significance of UFG's Shanghai office location for the company?

Shanghai is home to the world's busiest container port, making it a vital maritime hub that allows the company to better serve customers and access real-time market intelligence.

How many new offices has Uni-Fuels opened in 2025?

Uni-Fuels has opened two new offices in 2025: one in Shanghai and another in Dubai near Fujairah (opened in April).

What are the main benefits of UFG's new Shanghai office according to management?

According to management, benefits include enhanced customer service, closer supplier interactions, quicker problem-solving, stronger regional sourcing strategies, and better access to market intelligence.

Who is leading Uni-Fuels' Asian market expansion initiative?

Alan Tan, Senior Vice President, Commercial of Uni-Fuels, is overseeing the company's Asian market expansion.