Fri 22 Nov 2024, 11:13 GMT | Updated: Fri 22 Nov 2024, 11:13 GMT

Martin Vorgod elevated to CEO of Global Risk Management


Vorgod, currently CCO at GRM, will officially step in as CEO on December 1, succeeding Peder Møller.


Martin Vorgod, CEO of Global Risk Management.
With a robust background in sales and commodity trading, Martin Vorgod is tasked with leading GRM into its next phase of growth. Image: Bunker Holding

Effective December 1, Martin Vorgod is due to take the helm as Chief Executive Officer (CEO) of fuel hedging firm Global Risk Management (GRM). Currently serving as the Chief Commercial Officer (CCO), Vorgod has been instrumental in driving the company's focus on enhancing its operations and fostering closer ties with maritime clients whilst embracing the green transition through innovative solutions in energy and emission certificates.

Vorgod’s leadership journey is backed by a wealth of experience in sales and commodity trading, particularly during his time as Global Head of FX Sales at Danske Bank. There, he played a pivotal role in the bank's commodity trading strategies and was noted for revitalising its foreign exchange trading operations while based in New York. His efforts reportedly contributed to establishing a strong corporate culture within the bank, further solidifying his reputation as a strategic and effective leader.

As CCO at GRM, Vorgod is said to have achieved commendable results, successfully securing new clients and strengthening existing partnerships. This track record positions him well for his upcoming role as CEO, where he aims to build on his extensive familiarity with the company and its operations. He will succeed Peder Møller, who is set to transition into the role of Chief Operating Officer (COO) at Bunker Holding Group.

With his appointment, Vorgod is tasked with steeting GRM towards future growth, focusing on innovative approaches and expanding its market presence in an increasingly competitive landscape.



Bebeka Logo. Bebeka seeks bunker trader for Groningen office  

Shipping cooperative advertises role supporting global fuel supply and energy transition.

Ahti Climate and ScanOcean logo side by side. ScanOcean launches biofuel pooling solution with Ahti Climate  

Bunker supplier targets FuelEU Maritime compliance with pool-in-pool arrangement for shipowners.

Everllence’s 21/31DF-M engine render. Everllence confirms ethanol operation on 21/31 four-stroke engine  

Engine builder says tests in Denmark validated fuel flexibility of methanol-capable platform.

COP24 Cairo, Egypt logo. Mediterranean states adopt roadmap for low-carbon shipping transition  

REMPEC welcomes decisions on emissions control areas and offshore pollution monitoring.

Control Union Spain Sustainable Bioenergy Standard (SBS) certified logo. Molgas secures bioenergy certification for biogas and biomethane  

Spanish energy company claims certification enables full supply chain traceability for customers.

Monjasa logo. Monjasa seeks supply bunker trader for Singapore operations  

Danish bunker supplier expands trading team in Asia's largest bunkering hub.

Jose Miguel Bermudez, bound4blue. Bound4blue secures $44m funding to scale suction sail production  

Wind propulsion specialist raises capital from maritime and climate investors to industrialise manufacturing capacity.

<i>Maya Cosulich</i> vessel. Landmark methanol-powered bunkering vessel departs shipyard  

World's first methanol-powered IMO II chemical bunker tanker begins operations after completion of construction phase.

Paul Pappaceno, Monjasa. Monjasa mourns death of senior trader Paul Pappaceno  

Marine fuel supplier to hold celebration of life for 39-year industry veteran.

<i>One Synergy</i> vessel. Imabari delivers 13,900-teu container ship with future-fuel readiness  

Japanese shipbuilder hands over One Synergy with methanol and ammonia conversion designs approved.