Our company in brief

Quick facts 

• Founded: 2004
• Employees (September 2009): 16 
• Headquarters: Middelfart, Denmark
• Managing Director: Torben Nordal Clausen
• Chairman of the Supervisory Board: Torben Oestergaard-Nielsen

Description

Global Risk Management is a leading provider of customised hedging solutions for the management of price risk on fuel expenses.

Combining in-depth knowledge of the oil market, finance and transport, we help clients protect their margins from the risk posed by notoriously volatile fuel prices.
 

Our primary client base

• Shipping
• Aviation
• Oil supply
• Industrial production, and
• Trucking / road haulage.

Company structure

We are part of the United Shipping and Trading Company (USTC), one of Denmark’s  largest companies.

A significant owner of tankers, USTC is also actively engaged in the worldwide supply of fuel to the shipping market, as well as door-to-door logistics solutions and IT services.

Employing over 750 people, USTC had an annual turnover exceeding $7.1 billion last year, and equity of more than $128 million.