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Oilmar enters into a trade-credit insurance policy with trade credit insurer Euler Hermes

16 Jun 2021

UAE-based vessel operator Oilmar Shipping and Chartering on Tuesday (15 June) said it has entered into a trade-credit insurance policy with trade credit insurer Euler Hermes to ensure its customer portfolio is secured and protected.

“Credit Insurance Policy protects our trades, allowing us to further our business while increasing our capacity to explore trades into newer and larger markets,” said Head of Business Rakesh Sharma.

“Its major milestone for us especially for a growing division in a recovering market from COVID-19.”

Oilmar, which ventured into the bunker trading sector in 2020, appointed Neeraj Sisodia in the capacity of Credit Risk Manager to support its bunker trading desk.

The company’s bunker trading desk is headed by Maaz Ahmed.

Related: Oilmar Shipping and Chartering hires Credit Risk Manager to support bunker desk
Related: Oilmar appoints Maaz Ahmed Team Leader of newly established bunker trading desk
Related: Olimar Shipping forays into bunker trading amidst pandemic-related uncertainties

 

Photo credit: Oilmar Shipping and Chartering
Published: 16 June, 2021

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