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Tue 14 Jul 2015, 16:53 GMT

Endofa hires trading manager


Peter Grunwaldt to head up the firm's commercial trading department.

Bunker firm Endofa has appointed Peter Grunwaldt to head up its commercial trading department.

Grunwaldt is an experienced member of the shipping industry. Prior to joining Endofa, he was CEO of Russian bunker company Soyuz Bunkering Group and has also worked for Maersk and Glencore in a number of roles.

Grunwaldt began his shipping career in 1995 with A.P.Moller/Maersk, where he was assigned to Maersk Bunker Group in Copenhagen and he was responsible for the Mediterranean and Africa. Later, he was assigned to the role of purchasing 4-5 million metric tonnes of fuel per year for the group's Far East and Middle East portfolio.

In 2001, Grunwaldt transferred to Singapore to set up the Maersk Bunker purchasing office in the city-state, where he was responsible for a 5 million-metric-tonne-a-year portfolio.

In 2006, Grunwald worked as General Manager of Bunker Purchasing for ST Shipping, owned by the Glencore Group, where he established a physical purchasing desk for a fleet of over 200 tankers. He was also active in developing the firm's derivative transactions and hedging strategy.

Grunwald later went on to work as Director of Global Sales at Glencore-owned Chemoil.

Contact details for Endofa have been provided below.

Endofa DMCC
Phone +971 4 433 2620
Fax +971 4 447 3638
Email info@endofa.com

JBC 1, Office 2905, Cluster G
P.O. Box 478545
JLT, Dubai UAE

Appointment   Maersk   United Arab Emirates 
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