Customised hedging solutions company Global Risk Management on Thursday (2 July) announced that Kevin O’Reilly has joined the company as new Chief Commercial Officer (CCO) as of 1 July 2020.
O’Reilly has extensive experience within management as well as commodities sales and trading from positions in large international commodity and trading houses in among others New York and Shanghai, it said.
“I look forward to the close cooperation with Kevin and am confident that he will be a valuable addition to our company,” said Managing Director, Peder D. Møller.
“The fit to the position as CCO is excellent as Kevin has deep knowledge within commodities trading and sales as well as profound management experience.”
O’Reilly will primarily work out of the headquarters in Middelfart, Denmark, heading the sales and trading teams in our locations around the world, added the company.
Global Risk Management noted that it recently released its Annual Report which showed solid growth and increase in activities as the company is heading towards becoming an energy trading house.
New strategic initiatives will be implemented over the coming period; among others adding more products and services within cross-commodities, it concluded.
Photo credit: Global Risk Management
Published: 3 July, 2020
The top three positive movers in the 2020 bunker supplier list are Hong Lam Fuels Pte Ltd (+13); Chevron Singapore Pte Ltd (+12); and SK Energy International (+8), according to MPA list.
‘We will operate in the Singapore bunkering market from the Tokyo, with support from local staff at Sumitomo Corporation Singapore,’ source tells Manifold Times.
Changes include abolishing advance declaration of bunkers as dangerous cargo, reducing pilotage fees on vessels receiving bunkers, and a ‘whitelist’ system for bunker tankers.
Claim relates to deliveries of MGO to the vessels Pacific Diligence, Pacific Valkyrie, Pacific Defiance, Crest Alpha 1, and Pacific Warlock between March 2020 to April 2020.
3,490 mt of LSFO from Itochu Enex was lifted at Universal Terminal; the same bunker stem was bought by Global Marine Logistics and delivered by bunker tanker Juma to receiving vessel Kirana Nawa.
Representatives of Veritas Petroleum Services, Maersk, INTERTANKO, ElbOil Singapore, and SDE International provide insight from their respective fields of expertise on what lies ahead.