Wrist Group Launches New Trading House

Press Release
Friday, September 28, 2012

Dynamic Oil Trading launched to meet the fast paced demands of the shipping industry – without limitations.

Wrist Group, one of the world’s leading ship services companies, has announced the launch of Dynamic Oil Trading, a new global trading company for marine fuels and lubricants.  Headquartered in Singapore, Dynamic Oil Trading will work with all aspects of the shipping industry, building close relationships with ship owners, operators, brokers, traders and suppliers.  The company is well financed and has an ambitious growth strategy with plans for further expansion in Asia, Europe and the Americas.
 
Dynamic Oil Trading is headed by Lars Møller, who has 16 years’ bunkering experience.  Commenting on the launch, Lars Møller, CEO, Dynamic Oil Trading, said:“This is a great opportunity to develop a world class organisation that goes back to the roots of bunkering.  There is a niche for a company that is trusted by all entities of the shipping supply chain and operates within in a fast-paced, high energy environment to provide customers with products quickly and efficiently, no matter what the challenge.”
 
Dynamic Oil Trading launches with an experienced team of traders and is actively looking for more recruits. The company has strong financial backing and can provide customers with:
 
•    All grades of fuel oil and lubricants sourced quickly and efficiently on a global basis
•    Competitively priced products and on good terms
•    Specialist fuels, lubricants and additives for the yacht industry
•    A diverse and professionally run risk management strategy for price and credit risk.

Møller concludes:“Dynamic Oil Trading has been founded on a basic premise; to solve customers’ fuel and lubricant procurement demands, no matter how tough the challenge.  We have the financial strength, experience, contacts and the flexibility to do this. We’re prepared to go the extra mile to get results; we can negotiate the most competitive prices and we can get products when and where they need them, anywhere in the world.”

 

Maritime Today


The Maritime Industry's original and most viewed E-News Service

Maritime Reporter April 2016 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Contracts

French PM: Aussie Subs to be built in Australia

French Prime Minister Manuel Valls said on Monday he was committed to building all of a new Australian submarine fleet in Australia, apparently contradicting the

Asia-N.Europe Box Rates Jump 170 pct

Shipping freight rates for transporting containers from ports in Asia to Northern Europe jumped 170 percent to $732 per 20-foot container (TEU) in the week ended on Friday,

NAT Acquires Four 150,000dwt Tankers

Nordic American Tankers Limited ("NAT" or the "Company") announced today that it has entered into an agreement to acquire four existing Suezmax sister vessels built in Japan at a world-class shipyard.

Finance

Pirates Switch to Kidnapping Crew as Oil Fetches Less

Pirate gangs in West Africa are switching to kidnapping sailors and demanding ransom rather than stealing oil cargoes as low oil prices have made crude harder to sell and less profitable,

Baltic Index Down for Third Straight Session

The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry bulk commodities, fell on Tuesday for the third straight session, as demand for bigger vessels weakened.

Kongsberg, DNV GL Partner to Reduce Training Costs

Kongsberg Maritime has entered a partnership with class society DNV GL to issue Product Certificates for Maritime Simulator Systems required by maritime training

Energy

Keppel Acquires LeTourneau

Keppel Offshore & Marine (Keppel O&M), through its wholly owned subsidiary, Keppel Offshore & Marine USA, Inc., has completed the acquisition of Cameron International

TOTE LNG Bunker Barge : Crew Training Program

GTT subsidiaries, GTT North America, Inc. and GTT Training Ltd, announce the award of the first contract of its kind for the development and implementation of a

MacGregor Launches Compact Pusnes RamWindlass

MacGregor, part of Cargotec, continues to add to its market-leading Pusnes product range and its latest introduction is a Pusnes RamWindlass. The new windlass is

Fuels & Lubes

WSS Offers ‘One Stop Shop’ Approach to Bunkering

Ship operators who rely on a myriad of companies for their global bunkering needs are wasting time, money and energy, with no guarantee of standardized quality of products and services,

Crowley Acquires Ace Fuels Assets in Anchorage

Anchorage-based Crowley Fuels yesterday completed an asset acquisition of the aviation fuels business of Ace Fuels, LLC, a fixed base operator (FBO) headquartered

Oil Rally is Not Just About Hedge Funds: Kemp

Oil prices are becoming dangerously overheated as speculators anticipate a rebalancing of supply and demand that has barely started, according to many oil analysts.

News

US Coast Guard to Unveil Historic Lifeboat

A ceremony unveiling a historic lifeboat as a new static display in Chatham, Mass. is scheduled for 11 a.m. Friday at U.S. Coast Guard Station Chatham.   The

Crane Upgrade for Jack-up Vessel Sea Installer

Major modification work will bring A2SEA-owned vessel into line with growing demands of offshore wind industry   Damen Shiprepair Amsterdam (DSAm), part of Damen Shiprepair & Conversion,

Oil Spill in Schuylkill River

The U.S. Coast Guard and partner agencies are responding Tuesday to an oil sheen in the Schuylkill River.   The Coast Guard received a report of a sheen on the

 
 
Maritime Careers / Shipboard Positions Maritime Contracts Maritime Standards Naval Architecture Offshore Oil Port Authority Salvage Ship Repair Ship Simulators Shipbuilding / Vessel Construction
rss | archive | history | articles | privacy | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.1166 sec (9 req/sec)