Oilmar DMCC, a leading marine fuels trading and tanker operating company, has announced a major expansion with the establishment of new branch offices in London and Copenhagen. This strategic move underscores the company’s commitment to strengthening its presence in key European markets, further enhancing its service capabilities and operational reach.
Oilmar DMCC Boosting Presence in Europe
The new offices are expected to be fully operational by 2025, marking a significant milestone in Oilmar’s expansion strategy. By establishing a strong foothold in London and Copenhagen, Oilmar aims to better serve its clients and partners, optimizing its service offerings in the region. The expansion reflects Oilmar’s vision of becoming a leader in marine fuel trading, recognized for its reliability, innovation, and dedication to delivering exceptional trading solutions.
Yusif Mammadov, Chief Executive Officer of Oilmar DMCC, commented on the expansion “The opening of our offices in London and Copenhagen is a pivotal moment for Oilmar. This growth not only allows us to better connect with our clients and partners but also provides new opportunities for our dedicated team. We are excited to enhance our presence in these key markets, delivering unparalleled service and expanding our footprint in the marine fuel industry.”
Marine Fuels Trading: A Comprehensive Offering
Oilmar’s trading desk comprises specialized back-to-back traders with international coverage, providing expertise in marine fuels and lubricant trading. The trading team services a wide portfolio of vessels, including those operated by charterers, owners, and operators. With a focus on supply chain efficiency and trading operations, Oilmar’s analysts support deal management and customer engagement, ensuring a streamlined trading experience.
The company’s trading desk leverages advanced platforms and cutting-edge research tools to provide prompt offers and tailored services, enabling customers to make informed decisions. This expertise allows Oilmar to stand out as a preferred partner in marine fuels trading, delivering innovative solutions across its shipping portfolio.
Supply Chain Expertise and Risk Management
Oilmar’s proven track record of financial performance is bolstered by strong credit lines and partnerships with over 200 global suppliers. The company’s risk management framework ensures that every barrel traded is protected against price volatility, quality issues, and compliance risks, enhancing client trust and satisfaction. Oilmar’s trading desk is equipped to handle complex supply chain needs, offering efficient bunker management services and maximizing delivery capabilities.
Financial Growth and Market Performance
Oilmar DMCC has shown remarkable growth in its financial performance over recent years, with consolidated revenues reaching USD 1.37 billion in 2023. The company’s bunker trading volumes have also surged to over 1 million MT in 2023, reflecting increased market activity and expanded operations as the shipping sector recovers from the pandemic.
A Commitment to Employee Growth and Community
The company’s latest expansion also highlights its focus on creating career opportunities and fostering a positive workplace culture. As a certified Great Place To Work®, Oilmar DMCC emphasizes employee satisfaction and growth, aiming to attract talented professionals who share its commitment to collaboration and excellence.
Oilmar invites interested individuals to explore career opportunities through its website, encouraging talented professionals to join the company’s expanding team and contribute to its dynamic growth.
About Oilmar DMCC
Founded in November 2015, Oilmar DMCC specializes in the chartering and trading of petroleum products, operating across more than 60 countries. The company has seen rapid growth, particularly in the marine fuels trading sector, achieving a milestone gross revenue of over USD 1 billion in 2022. With a network of over five representative and marketing offices worldwide, Oilmar continues to expand its footprint in the global energy sector.
Vision: To become a leader in marine fuel trading, recognized for reliability, innovation, and fostering a thriving workplace.
Mission: To deliver exceptional marine fuel trading solutions through collaboration, commitment, and expertise, fostering lasting relationships with clients and employees alike.
With its expanded trading desk, advanced risk management capabilities, and a focus on sustainability, Oilmar DMCC is well-positioned for future growth. The company’s commitment to excellence, coupled with its innovative approach to marine fuel trading, sets a strong foundation for continued expansion in global markets.
Source Oilmar DMCC