Riyadh, Saudi Arabia — In a landmark move that reshapes the global marine fuel industry, Eleven Energy has officially launched, ushering in a new era of Saudi Arabia leadership in the international bunker market. Backed by the formidable resources of Eleven Ventures and steered by industry veterans and royalty alike, Eleven Energy stands as the first-ever Saudi-based global bunkering company — a pioneering initiative deeply aligned with the ambitions of Saudi Vision 2030.
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A Message from HRH Prince Abdulaziz bin Turki Al Saud
“His Royal Highness, Prince Abdulaziz bin Turki Al Saud, is extremely proud to announce the launch of Eleven Energy, a key division of Eleven Ventures, created to drive forward Saudi Arabia’s ambitions in the global marine fuel sector.”
As a member of Saudi Arabia’s royal family, HRH Prince Abdulaziz bin Turki Al Saud brings strategic vision, deep national commitment, and a strong passion for expanding the Kingdom’s influence in international markets. Under his leadership, Eleven Ventures is developing a diverse and forward-thinking portfolio, with Eleven Energy leading its marine fuels and bunker trading initiatives.
Chris Todd: Delivering Global Marine Fuel Expertise with Strategic Precision
Supporting this vision is Chris Todd, a widely respected figure in the marine fuels industry, who has worked within leading companies for over two decades. Chris brings extensive experience in building and managing global bunker trading operations, as well as large-scale physical bunker supply infrastructures across the world’s key maritime markets.
From his leadership roles at World Fuel Services, Chemoil, and GP Global, Todd has built an unrivaled network of global contacts. His deep operational insight and hands-on approach are expected to play a pivotal role in driving new opportunities and strategic exposure for the Kingdom in the worldwide bunker market — further reinforcing Eleven Energy’s reach, credibility, and competitive edge.
“I’m honored to join HRH Prince Abdulaziz bin Turki Al Saud in this historic venture,” said Chris Todd, Head of Global Trading at Eleven Energy. “Our shared mission is to create a high-performance, reliable, and globally connected bunkering partner that shipowners can trust — and to elevate Saudi Arabia as a serious force in the global marine fuels market.”
Saudi Arabia’s First Global Bunkering Brand: A New Chapter Begins
This launch represents more than a corporate milestone — it is a first in Saudi Arabia’s maritime history. Eleven Energy is not only the Kingdom’s inaugural bunkering brand with global operations, but also a symbol of its growing prowess in complex, high-value international markets.
A Partnership Forged in Trust
The partnership between HRH Prince Abdulaziz bin Turki Al Saud and Chris Todd is built on a foundation of trust, innovation, and ambition — an alliance that brings together royal strategic vision and world-class operational expertise. Together, they are igniting a new era for the Kingdom in international shipping and energy.
A Vision Rooted in National Pride, Built for Global Impact
As a key division of Eleven Ventures, Eleven Energy is setting new benchmarks for marine fuel supply by:
- Establishing a truly global service network spanning the world’s major ports;
- Providing financial assurance through its robust capital base and backing by Eleven Ventures;
- Delivering insight-driven fuel solutions via decades of combined industry experience;
- Operating out of Riyadh (HQ), Dammam, and Rotterdam, ensuring immediate regional and international presence.
The company’s emergence is deeply aligned with Saudi Vision 2030 — the Kingdom’s roadmap for economic diversification, innovation, and international influence. Eleven Energy is positioning itself not just as a supplier, but as a strategic partner for global shipping in an era demanding reliability, performance, and sustainable marine fuel solutions.
Rooted in the Kingdom’s maritime heritage, the Saudi-based bunkering company operates proudly from its headquarters in Riyadh, with trading offices in Dammam and Rotterdam. Eleven Energy is positioned at the strategic crossroads of East and West, poised to serve shipowners and operators across all major maritime hubs. The company’s mission is crystal clear: to power global shipping with confidence, offering reliable, efficient, and competitive marine fuel solutions wherever vessels may call.
Shaping the Future of Bunkering
Eleven Energy is now actively engaging with shipowners, charterers, oil majors, and fuel traders worldwide. With a growing global footprint and a commitment to excellence, the company invites maritime stakeholders to partner in shaping the next chapter of marine fuel supply.
About Eleven Energy
A division of Eleven Ventures, Eleven Energy is Saudi Arabia’s first global bunkering company, delivering innovative and secure marine fuel solutions across the world’s key ports. Backed by deep industry expertise and robust financial strength, the company is committed to powering global shipping with confidence, aligned with the Kingdom’s bold Vision 2030.
Source Eleven Energy