Know Your Counterparty: Malik Group

by Ship & Bunker News Team
Wednesday May 6, 2026

Denmark-based Malik Group has a history in the bunker industry stretching back almost 40 years and encompasses two well-known brands: Malik Supply and Malik Energy.

Malik Supply A/S was founded in 1989 as an independent bunkering firm supplying fishing vessels in the North Atlantic before expanding into worldwide trading in 1991. In 2011, the company launched Nordic Marine Oil A/S as a subsidiary, taking over physical bunker supply in Denmark through a strategic partnership with Statoil Marine.

The company was rebranded as Malik Energy in 2023, and Malik Group was later established as the parent company of both entities.

Today, the group employs more than 100 people and is headquartered in Malik House in Aalborg, with offices in Fredericia, Donsö, Athens, and Dubai. The group’s four senior executives are all based in Aalborg: CEO Steen Møller, CCO Kristian Nielsen, COO Anders Jensen, and CFO Mikael Vestergaard Kristensen.

Malik Supply specializes in global marine energy trading and strategic sourcing, leveraging a network of more than 300 suppliers to ensure competitive pricing, disciplined risk management, and reliable supply across key trading regions.

The company places strong emphasis on compliance, counterparty due diligence, and structured trading processes, reflecting a long-standing commitment to transparency and responsible business practices. Malik Supply also engages in European Union Allowance (EUA) procurement for EU-ETS compliance and can assist with the opening and management of registry accounts.

Malik Energy A/S focuses on physical supply in Denmark, covering all Danish ports through a combination of barges, truck deliveries, and ex-pipe solutions, as well as six import terminals. The company holds both ISCC EU and ISCC Plus certifications for the handling of sustainable marine fuels and supplies ISCC-certified sustainable marine fuels as part of its physical portfolio.

The company operates a fully integrated management system covering quality, environment, and occupational health and safety, with ISO certification.

Malik Energy also operates an international chemicals capability with expertise in maritime urea solutions. Supported by a global network of producers and logistics partners, the team facilitates urea solution deliveries worldwide.

Malik Group released its first ESG report for 2024, highlighting a target to reduce the carbon intensity of its sold products by 6% by 2030. One of its new initiatives is the EcoBunkering concept introduced in 2025, under which the group’s own barges sail on certified biofuel.

The firm argues this demonstrates that practical steps matter more than statements, and that this approach supports the group’s ambition to cut greenhouse-gas intensity and help customers meet new maritime requirements.