About World Kinect Corporation Headquartered in Miami, Florida, World … Contact online >>
About World Kinect Corporation Headquartered in Miami, Florida, World
Delivering energy and fuel in more than 200 countries and territories around the
Tackle shifting priorities, evolving technologies, and changing regulation
Introducing World Kinect Corporation: formerly World Fuel Services. Learn
Reduce the cost and complexities of using multiple fuel and equipment providers.
World Kinect''s sustainability team offers decades of in-market experience across
At World Kinect, our comprehensive suite of sustainability services is designed to
Safeguard your business''s access to energy with World Kinect''s Energy Services.
At World Kinect, we''ve been delivering seamless energy solutions for over 35 years to commercial and industrial clients of all sizes. As a Fortune 100 company, we combine global reach with a robust energy supply chain and a comprehensive suite of products and services.
But our real competitive advantage lies in our global energy consultants and certified specialists, who empower customers every day to take control of their energy management and plan for a sustainable future.
Let us put our expertise to work for you. From electricity and natural gas procurement and price risk management to energy efficiency and renewable energy solutions, we can help your business to reduce costs, consumption and carbon emissions.
We combine global reach with a robust energy supply chain and a comprehensive range of products and services. A leading global energy distribution and management company, our 5,000+ global employees, serve 150,000+ customers each year, across 200+ countries and territories.
Our experts have the deepest knowledge and industry experience to help guide the way you plan, buy and manage the energy that powers your organization. Contact us today to discuss how we can help your business.
World Kinect Energy Services helps organizations like yours buy better and buy smarter - can you afford not to learn more?
From liquid fuel and natural gas to electricity and renewable energy, World Kinect Energy Services pulls together the networks and the expertise needed to supportyour business needs.
When it comes to powering your fleets and facilities, are you confident you are getting your money''s worth?
We develop innovative zero emission strategies, provide energy efficiency, regulatory compliance advice and full infrastructure feasibility.
World Kinect Energy Services is trusted by customers worldwide to deliver conventional and renewable liquid fuels, lubricants, electricity and natural gas.With 35 years of experience delivering on time and in full, we are there when you need us, where you need us. Today, we facilitate fuel, wind and solar power, along with sustainability services and data management for international brands and local businesses.A worry-free total energy solution starts by listening. Serving over 200+ countries and territories, our global and local energy experts get to know your business and deliver customized energy solutions. We can help you buy better and buy smarter.
World Kinect Corporation (WKC, World Kinect), formerly known as World Fuel Services Corporation, is an energy, commodities, and services company based in Doral, Florida. The company ranked No. 70 in the 2022 Fortune 500 list of the largest United States corporations.[2] WKC focuses on the marketing, trading, and financing of aviation, marine, building, and ground transportation energy commodities and related services. As of 2013, WKC also operates in natural gas and power.
The global leader in marine refueling, in 2018 WKC sold a record total of 21 billion gallons of fuel for $39.8 billion in revenue.[3]
World Kinect operates an asset light business model, which competitors have attempted to mimic.[4]
In 1984, Paul Stebbins and Michael Kasbar founded Trans-Tec Services, Inc., a marine fuel brokerage company.[5] It was headquartered in New York City. Over the next 10 years they grew the company and built a global network of offices. In 1995, Stebbins and Kasbar sold Trans-Tec to International Recovery Corporation, and the company was renamed World Fuel Services.[5]
International Recovery Corporation was founded in Miami in 1984 and went public on the New York Stock Exchange (NYSE:INT) in 1986. The company changed its name to World Fuel Services Corporation after acquiring Trans-Tec. Stebbins and Kasbar served as members of the board of directors and managed the marine business, prior to taking on the corporate positions they hold today.[6]
WFS was named as a co-defendant in various lawsuits since it had title to crude oil aboard a Montreal, Maine and Atlantic Railway train which derailed in Lac-Mégantic, Quebec on July 6, 2013, resulting in 47 deaths.[7] Prior to the accident, WFS had been lauded as the only firm which had grown faster than technology giant Apple across a ten-year span.[8]
In June 2023, the Company announced a rebrand, changing its name from World Fuel Services Corporation to World Kinect Corporation.[9] On June 16, 2023, after shareholders voted to approve the name change at the Company''s 2023 annual meeting, the Company began trading under the ticker symbol WKC.
Since 2010, World Kinect has made a series of transformational acquisitions in software, financial technology, natural gas, power, and energy management:[10]
Globally, World Kinect is composed of 185+ subsidiaries, primarily in the U.S., U.K., Singapore, Netherlands, Sweden, and Costa Rica.[21]
It has 150 offices with service in 190 countries.
World Kinect''s land-based customers include petroleum wholesalers and distributors, wind turbine operators, and industrial, commercial, residential and government customers. Through subsidiaries, it supplies over 5,000 retail gas stations across the US, UK, and Brazil. Kinect Energy, a global energy management division, offers commercial and industrials for power, natural gas, and water. Transaction management services include fuel card payment under the Multiservice subsidiary.
The marine segment offers bunkering for global maritime fleets, as well as lubricants and related products and services across 1,200 major seaports. Marine customers include international container and tanker fleets, commercial cruise lines, yachts, time-charter operators, off-shore oil and gas operations, car carriers, military fleets, U.S. and foreign governments, and other fuel suppliers.
About World kinect energy services
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