Fast forward thinking

We have a flat, flexible structure that accelerates decision-making and encourages rapid knowledge exchange across our group. 

Introducing Global Risk Management



Global Risk Management is a group of companies, all belonging to the same ultimate owner, A/S United Shipping and Trading Company (USTC). 

USTC is a global group of companies and one of Denmarks largest. It is a significant owner of tankers and is actively engaged in the worldwide supply of fuel to the shipping market. 

Bunker Holding is the parent company of a group of companies specialising in the purchase, sale and supply of fuel and lube oil to ships as well as risk management and associated services. 



At Global Risk Management we have strong corporate values to help us maintain the highest ethical standards in all our financial and business practices.

Integrity and privacy

Our integrity is vital in preserving our most valuable asset - our reputation. We expect our people to conduct themselves in a manner that is above reproach.

We respect our clients' right to privacy and use information with appropriate discretion. Learn more about our commitment to your privacy.

Relationships built on personal trust

Our risk managers are open and responsive, and available with advice around the clock. Trust is central to our business. It's therefore vital that our clients trust us to be there when they need us.

Corporate responsibility

We are a member of the global community and behave as a responsible corporate citizen. We strive to contribute positively and actively to the communities where we do business.


Contact us today, we are looking forward to hearing from you:

+45 8838 0000 

Morten Elgkjær

Oil Risk Manager


How it works

Gathering data and identifying goals

Keeping fuel costs within a predictable range protects you from unexpected changes in the price of fuel.


Preparing and implementing your fuel price risk plan

Your Oil Risk Manager will suggest a range of tools to reduce your fuel price exposure, and work with you to formulate an overall fuel risk strategy.


Reviewing your plan with your Oil Risk Manager

An important part of the process is to regularly review the performance of your fuel price risk plan with your advisor.

Dennis Lysemose Andersen

Senior Oil Risk Manager