… by way of the Green Bank of Scotland
Twitter account @worldcorpo links to World Fuel Services Corporation.
World Fuel Services Corporation is a Fortune 100 company that is based in Miami, Florida. It provides marketing and financing of aviation, marine and ground transportation fuel products and related services to commercial and corporate aircraft, petroleum distributors and ships at more than 3,500 locations around the world.
In 1985, Paul Stebbins and Michael Kasbar founded Trans-Tec Services, Inc., a marine fuel brokerage company. 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.
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. Since 2008, the company has made a series of acquisitions in its principal field, and related fields such as the ground fuel market and energy management.
In 2013, the company was named as a co-defendant in various lawsuits as owner of Bakken formation light crude oil aboard a Montreal, Maine and Atlantic Railway train which derailed in Lac-Mégantic, Quebec on July 6, 2013, killing an estimated forty-seven people and destroying much of the community’s downtown.
|World Fuel Services Corporation|
|Traded as||NYSE: INT
S&P 400 Component
|Industry||Fuel & Energy|
|Headquarters||Miami, Florida, U.S.|
|Key people||Chairman and Chief Executive Officer: Michael J. Kasbar
Executive Vice President and Chief Financial Officer: Ira Birns
|Revenue||$30.4 Billion (2015)|
|Subsidiaries||Multiservice Corp, Carter Energy, U.S. Energy Services, Texor Petroleum, Western Petroleum, MH Aviation, Colt Aviation, AvCard, Tramp Oil, Norse Bunker, PetroAir, Ascent Aviation, MH Aviation, PAPCO, APP, Kinect Energy|
About WORLD FUEL SERVICES CORPORATION (NYSE:INT)
World Fuel Services Corporation is a fuel logistics, transaction management and payment processing company. The Company operates through three segments: aviation, marine and land. The aviation segment offers fuel and related services to commercial airlines second and third-tier airlines, cargo carriers, regional carriers, airports, fixed based operators, corporate fleets, fractional operators, private aircraft and military fleets. The marine segment offers fuel, lubricants, and related products and services to a base of marine customers, including international container and tanker fleets, commercial cruise lines, yachts and time-charter operators, the United States and foreign Governments, as well as other fuel suppliers. The land segment offers fuel, lubricants, and related products and services to petroleum distributors operating in the land transportation market, retail petroleum operators, and industrial, commercial, residential and government customers.
WORLD FUEL SERVICES CORPORATION (NYSE:INT) Recent Trading Information
WORLD FUEL SERVICES CORPORATION (NYSE:INT) closed its last trading session up +0.19 at 44.85 with 476,296 shares trading hands.
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