Singapore-based global energy trading company Sing Fuels on Tuesday (26 November) received the Enterprise 50 Awards for the second consecutive year, positioning it as among the Top 50 privately-held companies which have contributed to the economic development in Singapore and abroad.
The award is a recognition of the exceptional growth and business performance of the firm which provides bunker trading services, energy trading services and logistics services to ship owners, charterers and other players in the shipping community, says Sing Fuels.
“Sing Fuels’ experience and know-how has created value for its partners,” said Sonnich Thomsen, Managing Director, Bunkering.
“Going forward, we have key strategies in place to further expand our current offices, operations and products to better serve our partners’ requirements in a timely manner.”
Sing Fuels was founded in 2012 to offer bunker brokering services; it connected bunker fuel suppliers to ship owners and charterers who needed them.
The company quickly expanded internationally into foreign markets with representative offices and subsidiaries spread across Denmark, Taiwan, United Arab Emirates and United Kingdom, together with in-country traders in Greece, Russia, South Africa and Turkey.
“Within a few years, Sing Fuels had grown from a small operation to a company with a strong global network,” it noted.
“Armed with an outstanding trading team, strong relationships with partners and the capability to venture into new business sectors, Sing Fuels is on its way to fulfil its mission to be a Global Energy Trading Company.”
Sing Fuels is also the recipient of the Dun & Bradstreet Business Eminence Award.
Photo credit: Sing Fuels
Published: 29 November, 2019
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