We are pleased to announce that we are launching our new trading division which will be active in the trading of refined oil products in particular marine fuels and bunkers. The division will be led by Matthias Andreasen, who brings a wealth of trading experience.
“I am thrilled to be joining OceanEXL and spearheading the trading activities under the new division,” said Andreasen. “We have a strong team in place and are well-positioned to take advantage of the growing shipping activities and demand in the gulf region. I am confident that the new trading setup will be able to make a significant contribution to the success of OceanEXL as well as change the landscape of traditional trading allowing us to think differently, utilize technology, and trade more efficiently.”
The trading setup will be focusing on refined oil products with cargoes being traded in Africa, Europe, and the Middle East in particular. With a strong presence in marine fuels and bunkering market, and a physical setup that is already operational, we are well-placed to service local as well as international clients. Our physical bunker supply in all major UAE ports was launched on the 1st of January 2023 and the first deliveries are already completed.
Jesper Uhre Espensen, Partner at OceanEXL, commented on the launch of the new division
“The launch of the trading division is a major step forward for our company, and we believe it will provide us with a new platform for growth and expansion, while we can service our clients even better. We are confident that Matthias and his team will be able to leverage their expertise and experience to drive the division forward and deliver strong results.”
Parham Zamani, Partner at OceanEXL added:
“With a focus on long-term projects in niche markets we are truly able to supply markets that have long been overlooked and ignored while we are adding another branch to our supply chain, offering clients a wider range of services starting from buying or chartering the vessels to moving cargo and finally supplying the vessels”
OceanEXL will continue to be active in shipbroking which is the foundation of the company with trading activities to be carried out under OceanEXL Trading. OceanEXL is committed to providing its customers with the highest quality products and services, and the launch of the trading division is a testament to
that commitment. The company is excited to embark on this new journey and is confident that it will be a successful one.
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