Trafigura Hires ex-Noble Crude Oil Trader
Trading house Trafigura has hired Dan Stirk, formerly a North Sea crude oil trader at commodity trader Noble Group, to join its crude desk, according to trading sources. Stirk started his new job this week, one of the sources said. He served as North Sea trader at Noble starting in July 2016, according to his LinkedIn page. The move comes after Chinese trader Unipec hired three former Noble employees to join its middle distillates desk in London. Reporting by Ahmad Ghaddar
Gunvor Hires BP's Former Top US Trader
house further expands in North American energy markets. Gunvor began building its U.S trading operations last year, expanding outside its core markets in Europe, Asia and Africa. The company initially focusing on refined products and natural gas but this year has hired several traders to launch a crude oil desk in Houston, Texas, and beefed up its Canadian trading desk. Garza will start in September as the new managing director for Gunvor USA, based in Houston, a Gunvor spokesman said. He will replace Francois Ostinelli, who will retire after helping set up Gunvor's U.S. operations and hiring
Oil Rises on Expected U.S. Inventory Decline
Weekly U.S. crude stocks seen down 1.7 mln barrels; Kuwait Petroleum committed to output cut. * OPEC deal compliance meeting set for Jan. 21-22 in Vienna * Saudi expected to lift Asian crude export prices - traders (Adds details on OPEC compliance meeting, updates prices) By Karolin Schaps LONDON, Jan 4 (Reuters) - Oil prices ticked higher on Wednesday on expectations that U.S. crude inventories are falling and signs that oil producers will stick to agreed output cuts that took effect this week. Global benchmark Brent crude futures were up 10 cents at
Kahn Joins Glander International Bunkering
Steven Kahn has joined Glander International Bunkering’s Dubai office as bunker and lubricant trader. Kahn previously worked in Dubai as a derivatives broker, trading, futures, options and swaps in the energy industry. Prior to this, he was a derivatives market maker in London. He has 10 years of experience brokering crude oil the regions of Singapore, Geneva, China and the U.K. In addition, Kahn holds an Honors degree in Economics and has completed both the NFA and Sll Commodity Derivatives/Financial Regulation exams.
Shell Nabs Sinochem Crude Trader for Singapore Desk
Royal Dutch Shell has hired a former manager in Sinochem's London office to help bolster its crude oil trading into the Chinese market, sources told Reuters. Zheng Qingpu, who worked as the deputy general manager for Sinochem in London, has joined the Shell crude oil trading desk in Singapore, the sources said. Major trading houses and independent oil firms are chasing qualified and well-connected staff for their Asia trading desks, spurred on by the opening up of China's oil imports to include independent refineries. Shell declined to comment on staff moves. Qingpu, who managed West African
KPI Bridge Oil Appoints Seattle Trader
KPI Bridge Oil, a global broker and trader in marine bunkers, marine lubricants and risk management products, has appointed Daniel Chin as a Bunker & Lubricant Trader at its Seattle Office. Having worked as an oil trader in Korea as well as in Singapore and Pakistan, Chin has advantageous knowledge of the maritime industry and its needs. Previous to his joining KPI Bridge Oil Seattle, Chin was a Junior Trader and Manager with Daewoo Shipbuilding and Marine Engineering (DSME).
Oil Heads for Third Straight Weekly Loss
Brent set for third yearly loss for first time; WTI-Brent spread recovers from 11-month low. Oil fell on Friday as bearish sentiment driven by oversupply rattled the market and was set to lead prices to a third straight weekly drop, the longest losing streak in four months. Global benchmark Brent crude traded down 24 cents at $36.82 a barrel at 1133 GMT. U.S. crude futures fell to a near seven-year low of $34.41 a barrel but later recovered to $34.51, down 44 cents on Thursday's close. The global supply glut that brought prices close to 11-year lows this week means Brent will post losses for
KPI Bridge Oil Promotes Bunker Trader
KPI Bridge Oil, a global broker and trader in marine bunkers, marine lubricants and risk management products, has promoted Mohammed Yasser Marzuq from Trainee to Bunker & Lubricant Trader at its New York Office, the company announced today. Mohammed, who has recently graduated from KPI Bridge Oil’s comprehensive in house Training & Development Program, said, “Working alongside the more senior traders at KPI Bridge Oil, I have learned a lot about how we take care of clients in this ever changing market.” Having previously worked at one of the shipping industry’s
KPI Bridge Oil Hires Lim
KPI Bridge Oil, a global trader and broker in marine fuels and lubricants, physical supply and specialist in marine risk management products, has announced the appointment of bunker and lubricant trader Brenda Lim at its Singapore office. Lim has more than six years’ experience in the industry, working as a dry bulk broker, in operations at a well-known shipping company and as a Bunker Trader for the past three years. She holds a Bachelor’s degree from The Singapore Institute of Management in Accounting and Finance.
Rjedkin Rejoins KPI Bridge Oil
KPI Bridge Oil, a global broker and trader in marine bunkers, marine lubricants and risk management products, sees Lana Rjedkin rejoin the New York office as a Bunker & Lubricant Broker/Trader. Rjedkin initially joined KPI Bridge Oil in 2007 and is a highly valued member of the team with her extensive experience in both bunkers and lubricants and fluency in Russian and Spanish. Rjedkin joined Unimarine which started off as a subsidiary of the KPI Bridge Oil Group, when it became a fully independent company in mid 2014 to head up the lubricant sales in the Americas.
KPI Bridge Oil Hires Petersen
KPI Bridge Oil, a global trader and broker in marine fuels, marine lubricants and risk management products, said it has appointed bunker and lubricant trader Anders Petersen in its Denmark office. Prior to joining the KPI Bridge Oil Group mid-2016, Anders spent two years working for a bunker trading firm headquartered in Dubai and he has also worked in Mumbai. Anders has extensive knowledge of the bunker industry and more specifically he has excellent knowledge of the UAE market.
KPI Bridge Oil Appoints Senior Trader
KPI Bridge Oil, a global trader and broker in marine fuels, marine lubricants and risk management products, has appointed a new Senior Bunker & Lubricant Trader, Dimitrios Bouzoukis, at its Athens office. Dimitrios, who brings with him over seven years experience of marine fuels and lubricants trading as well as extensive maritime expertise gained with MSC, P&O Nedlloyd and Maersk Line, will also function as team leader in this growing office. Dimitris whose first language is Greek, holds a BSc. in Physics & Science, is also fluent in English, French and Spanish. Jesper
KPI Bridge Oil Promotes Manassakis to Managing Director
KPI Bridge Oil, a leading global trader and broker in marine fuels, marine lubricants and risk management products, has announced the promotion of Michalis Manassakis to Managing Director of KPI Bridge Oil Greece as of July 1, 2016. Manassakis joined KPI Bridge Oil’s London office in 2011 as Bunker Trader and received a promotion to Team Leader in 2014 in recognition of his significant contribution to the development of the team. When Manassakis relocated to Greece in May 2016, he was promoted to Deputy Managing Director and Sales Manager at KPI Bridge Oil’s new office in
KPI Bridge Oil to Relocate, Promote Manassakis
KPI Bridge Oil, a leading global trader and broker in marine fuels, marine lubricants and risk management products, relocates Team Leader/Bunker Trader Michalis Manassakis to its Athens office with a promotion to Deputy Managing Director and Sales Manager. Manassakis has been with KPI Bridge Oil London for five years, during this time he has established himself in the Greek market and played a key role in developing KPI Bridge Oil’s presence in Greece which has lead to us opening a local office in Glyfada, Athens. Though Manassakis will continue to work closely with KPI Bridge
KPI Bridge Oil Names Emmett Managing Director in Singapore
KPI Bridge Oil, a global broker and trader in marine bunkers, marine lubricants and risk management products, has appointed Mark Emmett as Managing Director of its Singapore operations. Mark has more than 30 years experience in the Bunker and Shipping industries, the last 13 years being with KPI Bridge Oil in London. Carsten Ladekjaer, KPI Bridge Oil Group CEO said, "Mark is one of our most experienced Senior Traders and Managers who has a huge amount of technical, commercial and legal knowledge. With his proven track record and in-depth understanding of the bunker industry and our group
Dan-Bunkering Employs Barry as Bunker Trader
Dan-Bunkering (America) Inc. announced that Joseph Barry has been employed as Bunker Trader/Offshore Specialist as of January 4, 2016. Joseph Barry is originally from Ireland, and possesses extensive knowledge about the offshore oil and energy sector by virtue of his education and previous job. Joseph has joined the office in Houston, where he will have special focus in developing the company’s presence in the offshore market even further.
Dynamic Oil Trading Appoints New Bunker Trader
Dynamic Oil Trading, a global trading company for marine fuels and lubricants, announced the appointment of Nikita Miroshnik as a new bunker trader for its worldwide bunker trading team based in Singapore. According to Dynamic Oil Trading, Nikita Miroshnik brings considerable experience of working with suppliers and buyers in the Russian bunker market, which it said will be critical for customers, as more ship owners and operators are using Russian ports to bunker due to favorable prices. Prior to joining Dynamic Oil Trading Miroshnik worked for a marine fuel trader for two years across a