Mon 26 Apr 2010, 11:33 GMT

OW Bunker appoints trader in Shanghai


Leading bunker player appoints bunker trader on the back of 'significant and sustained growth' within the region.



OW Bunker, one of the world’s leading suppliers and traders of marine fuel, has today announced the appointment of Fiona Zhao as a bunker trader for its Shanghai operation.

The move comes on the back of significant and sustained growth within the region, OW Bunker said.

Ms Zhao, 26, has a BA from Shanghai Maritime University, and three years of experience of working in the marine industry for a number of leading Chinese shipping companies.

Her role at OW Bunker will encompass servicing key local and international clients, as well as supporting wider group activities in the mainland Chinese market.

OW Bunker originally established its Shanghai branch in 2005, operating as a trader representing the group in the Chinese market, providing all grades of bunker fuel oil and lubricants.

The company has significantly expanded its footprint within Asia, with offices in South Korea, Singapore and Hong Kong, providing physical supplies as well as global trading and risk management services.

Commenting on the appointment, Martin Haxholdt, Branch Manager, OW Bunker Shanghai, said: “Central to our continued success is the quality and calibre of the people that we have in our team, and I am delighted that Fiona has joined the business. Her experience of the shipping industry, and her local knowledge will add real value to how we work with our customers; ensuring that we deliver a world class service, as well as setting new benchmarks for excellence.”

"The sustained growth within the region has created significant opportunities both on a local and international level. It is critical that we continue to demonstrate to customers the value that we can deliver to their organizations, by increasing their operational efficiency through the quick procurement of quality fuels, as well as improving profitability through the implementation of effective risk management and hedging strategies,” Haxholdt added.


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