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

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.



Christian Vandvig Finnerup, Dan-Bunkering. Dan-Bunkering appoints Christian Vandvig Finnerup as US managing director  

Finnerup transitions from Singapore role to lead American operations.

Hai Gang Wei Lai vessel. SIPG orders Wärtsilä systems for new LNG bunker vessel  

Shanghai International Port Group orders integrated cargo handling and fuel systems from Wärtsilä.

Chris Seide, Integr8 Fuels and William Kanavan, Pentarch Offshore Solutions. Integr8 Fuels signs MOU with Pentarch for bunker services at Port of Edrom  

Integr8 Fuels and Pentarch Offshore Solutions have signed an agreement to develop bunker fuel services.

Eagle Vellore vessel. MISC orders two LNG dual-fuel Suezmax tankers as part of fleet renewal  

Malaysian shipowner expands dual-fuel fleet with newbuilds backed by long-term charters.

Eunice Low, Oilmar DMCC. Oilmar DMCC appoints Eunice Low as marine fuels trader in Singapore  

Low joins firm's Singapore trading department with a decade of industry experience.

HMM container ship. HD Hyundai secures $1.46bn order for eight LNG dual-fuel container ships  

South Korean shipbuilder reports highest container ship order volume since 2007 supercycle.

Arctic black carbon emissions urgency graphic. Clean Arctic Alliance urges IMO action on black carbon after 'disappointing' COP30  

Environmental coalition calls for Arctic shipping fuel regulations ahead of December 5 deadline.

Egypt's Ministry of Petroleum and Mineral Resources and Suez Canal Authority MOU Signing Ceremony. Egypt's petroleum ministry and Suez Canal Authority sign MOU for LNG bunkering facility  

Ministry and canal authority to develop LNG supply station in Port Said.

Legend of the Seas main engine startup. Meyer Turku starts first main engine on Legend of the Seas cruise ship  

Finnish shipbuilder fires up Wärtsilä engine ahead of 2025 Royal Caribbean delivery.

Malik Energy Leadership Development Programme group photo. Malik Energy launches internal leadership development programme  

Marine fuel supplier rolls out training initiative for managers across its supply and energy divisions.