Wrist Group Launch Marine Fuel Trading Firm in Singapore

by Ship & Bunker News Team
Friday September 28, 2012

Global ship services company Wrist Group today announced the launch of a new Singapore headquartered global trading company for marine fuels and lubricants.

Dynamic Oil Trading was launched "to meet the fast paced demands of the shipping industry," and will work with all aspects of the industry. building close relationships with ship owners, operators, brokers, traders, and suppliers, according to the emailed press release.

"This is a great opportunity to develop a world class organisation that goes back to the roots of bunkering," said Dynamic Oil Trading CEO Lars Møller.

"There is a niche for a company that is trusted by all entities of the shipping supply chain and operates within in a fast-paced, high energy environment to provide customers with products quickly and efficiently, no matter what the challenge,' he added.

The firm says it has strong financial backing, an experienced team of traders, and an ambitious growth strategy with plans for further expansion in Asia, Europe, and the Americas.

"Dynamic Oil Trading has been founded on a basic premise; to solve customers’ fuel and lubricant procurement demands, no matter how tough the challenge.  We have the financial strength, experience, contacts and the flexibility to do this," concluded Møller.