Oilmar Shipping and Chartering DMCC on Monday (12 October) announced the appointment of Neeraj Sisodia in the capacity of Credit Risk Manager to support its bunker trading desk.
The tanker chartering house started its back-to-back bunker trading desk in September 2020 and recently hired Maaz Ahmed as Team Leader – Bunker Trading.
Sisodia has more than 20 years of experience in shipping and marine credit analysis and management, according to Oilmar.
He started his career with The Shipping Corporation of India Ltd as a deck cadet, and has worked with leading shipping companies such as the BW Group and later as a Marine Credit Analyst with companies such as Lloyd’s List Intelligence, Ocean Intelligence (S&P Global Platts) and Dynamar BV, and as Lead -Bunker Credit Management (Global) with the GP Global group.
Sisodia brings in a wealth of experience in credit analysis and credit risk management and is been tasked as a Credit Risk Manager in Dubai.
“I am really excited to begin a new journey in my career with the Oilmar group. I hope to utilise my experience and knowledge to build a strong credit management function to strengthen the bunkering venture and make it a success,” he says.
Neeraj Sisodia can be reached out on below details:
Tel: +971 4 443 08 19
Fax: +971 4 422 67 61
Mob: +91 77349 53353
Team Email: firstname.lastname@example.org
Photo credit: Oilmar
Published: 13 October, 2020
Program introduces periodic assessments, mass flow metering data analysis, and regular training for relevant key personnel to better handle the MFMS to ensure a high level of continuous operational competency.
U.S. Claims Register Summary recorded a total USD 833 million claim from a total 180 creditors against O.W. Bunker USA, according to the creditor list seen by Singapore bunkering publication Manifold Times.
Glencore purchased fuel through Straits Pinnacle which contracted supply from Unicious Energy. Contaminated HSFO was loaded at Khor Fakkan port and shipped to a FSU in Tanjong Pelepas, Malaysia to be further blended.
Individuals were employees of surveying companies engaged by Shell to inspect the volume of oil loaded onto the vessels which Shell supplied oil to; they allegedly accepted bribes totalling at least USD 213,000.
MPA preliminary investigations revealed that the affected marine fuel was supplied by Glencore Singapore Pte Ltd who later sold part of the same cargo to PetroChina International (Singapore) Pte Ltd.
‘MPA had immediately contacted the relevant bunker suppliers to take necessary steps to ensure that the relevant batch of fuel was no longer supplied. Further investigations are currently on-going,’ it informs.