Endofa, an independent marine fuel supplier and bunker trader, informs it has named Lars Hoffmann as Chief Executive Officer.
Prior to joining Endofa, Hoffmann served as Chief Executive Officer for Shipping.dk. He also served on the board of the Danish Shipbrokers Association.
"We have known Lars for many years and always admired him for his accomplishments in shipping and his work for the Danish shipping industry," notes Endofa's Kenn Soendergaard. "His management skills will be vital as we continue our rapid growth."
Endofa completed its first year with a turnover of US$ 235-million between the company's offices in Houston and Dubai, more than doubling the organization's first-year turnover projections, Soendergaard says.
"I am looking forward to joining the esteemed Endofa team," says Hoffmann. "Although Endofa is a relatively young firm, its culture is strong. The potential and energy is there, however my immediate focus will be dedicated to the staff and the business in general."
Soendergaard continues, "Lars brings an edge on a management level and allows the partners to dedicate their love and attention to our core business. Plus, he has extensive contacts in the shipping, offshore and oil industries, all areas where Endofa is currently expanding."
The company adds that it currently has offices in Dubai, Houston and Nice, with plans to open additional offices in 2014.