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Endofa, an independent marine fuel supplier and bunker trader, has named Lars Hoffmann [pictured] as chief executive officer (CEO).

Prior to joining Endofa, Hoffmann was CEO at Shipping.dk. He also served on the board of the Danish Shipbrokers Association.

"We have known Lars for many years and always admired him for his accomplishments in shipping and his work for the Danish shipping industry," noted Endofa partner Kenn Soendergaard. "His management skills will be vital as we continue our rapid growth."

Endofa completed its first year with a turnover of USD 235 million, achieved by the company's offices in Houston and Dubai, and more than doubling the organization’s first-year turnover projections.

Commenting on his appointment, Hoffmann said: "I am looking forward to joining the esteemed Endofa team. Although Endofa is a relatively young firm, its culture is strong. The potential and energy is there, however my immediate focus will be dedicated to the staff and the business in general."

Soendergaard added: "Lars brings an edge on a management level and allows the partners to dedicate their love and attention to our core business. Plus, he has extensive contacts in the shipping, offshore and oil industries, all areas where Endofa is currently expanding."

Endofa currently has offices in Dubai, Houston and Nice, with plans to open additional offices in 2014.

Hoffmann is due to join Endofa's Dubai office on May 1, 2014.