Uni-Fuels Holdings shares surge 18.85% intraday as company announces global expansion strategy through organic growth and acquisitions in maritime fuel market.

Uni-Fuels Holdings surged 18.85% intraday, driven by the company's announcement of a next-phase global expansion strategy to grow its maritime market business through organic growth and potential acquisitions, including new offices and operational initiatives. The company, a global maritime fuel solutions provider operating in key hubs like Dubai and Shanghai, supports shipowners in complying with decarbonization regulations such as the EU ETS and addressing diversified fuel demands.