Denmark’s Dan-Bunkering is merging with South African marine fuel company Amoil as the industry continues to consolidate.

It will be the second South African merger for Dan-Bunkering, a unit of Bunker Holding: in May this year it joined forces with South African Bunkering & Trading (SABT).

Dan-Bunkering and Amoil both have more than 38 years of experience, the Danish firm said, and share other similarities that will create synergies.