---

Bunker trading and broking firm, Norwegian Oil Trading AS, has announced that it has expanded its teams in Norway in Singapore.

The company has appointed Anders Agerberg as general manager of its Singapore office, Anders Kobbernagel as bunker broker in Norway, and Kaja Kjellesvik as risk and credit manager.

Commenting on the appointment of Anders Agerberg in an emailed statement, Norwegian Oil Trading said: "Anders has been in the bunkering industry since 2004 and has previously worked as Manager for OW Bunker Singapore. He has an extensive knowledge in the bunkering business and is well familiar in the Asian market. Anders has previously worked in the corporate banking sector in Europe."

In reference to the addition of Anders Kobbernagel, the Nøtterøy-headquartered firm said: "Anders has long-standing experience in the bunker industry and has previously worked as Fuel Procurement Manager in Eitzen Chemical AS in Copenhagen and as Bunker Trader in Cockett Marine Oil."

Regarding the hiring of Kaja Kjellesvik, Norwegian Oil Trading stated: "Kaja has shipping experience from Inge Stensland, Saga Forest Carriers Intl. AS, Ugland Brøvig Tankers Pte. Ltd and Western Bulk Pte. Ltd and has previously worked for Norwegian Oil Trading's office in Singapore since operation commenced in September 2013."

Norwegian Oil Trading is majority owned by Norway-based Hesnes Holding AS and Japanese firm NYK Trading Corporation.

On its website, the company says it sells over 1.2 million metric tonnes per year, carrying out more than 2,500 deliveries with an annual turnover exceeding $150 million.

In addition to trading and broking marine fuels, Norwegian Oil Trading also offers a risk management and marine lubricant sales service to clients.

In reference to its marine lubricant service, the company says on its website: "As prices for lubeoil are very much based on economies of scale, our relationship with NYK means that we are able to offer prices that match NYK's fleet prices and that are comparable to prices that a large ship management company would obtain for their fleet. In close cooperation with NYK, we are also able to provide expertise both on technical and operational matters."