Who We Are

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Focused on your stability

We believe effective risk management brings clarity and control in an unpredictable world.

Through our derivatives expertise and participation in global energy and emissions markets, we empower consumers and producers of energy commodities with expert risk management solutions to ensure budget stability in volatile commodity markets.

Our values

We serve our clients through our conduct and hold ourselves to the highest creative, intellectual, and ethical standards in everything that we do.

BUSINESS ACUMEN

We work hard to create long-term value to our clients and suppliers.

LEADERSHIP

We learn faster than the competition, and act with calm and consistency. 

DECENCY

We are proud, yet humble. We act professionally and we see value in all types of knowledge.

ONE GLOBAL TEAM

We work and act as one team. We create strong solutions that combine our individual strengths.

Preparing and implementing your energy price risk plan

We provide tailored hedging solutions to help manage energy price risk, with a focus on transparency and execution. As a result, our clients can generate greater economic certainty, despite volatile energy prices and focus on their other operations.

We care about our planet, and we will help the transition to cleaner energy use by developing risk management solutions for consumers of energy that support these new markets.

A solid structure

GRM is part of USTC, one of Denmark’s largest companies, and with roots tracing back to the 19th century.

USTC remains privately owned by the family that turned it into a global shipping company.

Today, USTC has offices in 38 countries and more than 4,300 employees. Our sister companies include Bunker Holding, the world’s leading bunkering company, and Uni-Tankers, a global tanker shipping company.

Our business principles reflect the strong values and ethics that have always marked their stewardship of the Group.

Organizational structure GRM

How it all started

01
Jan
2004

GRM is established

We began our journey.
01
Dec
2008

Singapore Branch

The Singapore branch office was established.
01
Jan
2013

New Headquarters

New headquarters in Middelfart.
01
Jan
2015

CPH Branch

The Copenhagen branch office was established.
01
Jan
2018

Singapore Entity

The Singapore branch office becomes its own entity.
01
Jan
2018

Investment Firm

We obtained a license to be an investment firm with the Danish FSA.
01
Jan
2019

Unitrading Power Branch

The Unitrading Power branch office was established.
01
Jan
2022

New Board of Directors

We appointed a new board of directors.
01
Jan
2024

New Executive Team

We introduced a new executive leadership team.


“I’ve always believed trading is a people’s game, and to make the right deal is often a matter of the right network, trust, and relations building.”

Martin Vorgod

CEO

“Because we are part of a global shipping group, we have real expertise in all aspects of
energy risk management for the global fleet.”

Jacob Nørgaard

CFO

Get a solution

Commercial segments

Commercial segments

Hedging solutions

Hedging solutions

Mission, vision & values

Mission vision and values

Commercial segments

Commercial segments

Hedging solutions

Hedging solutions

Mission, vision & values

Mission vision and values