This is a legacy page. Please click here to view the latest version.
Fri 24 Nov 2017, 11:28 GMT

Gulf Petrochem launches Africa trading desk in Rotterdam


Trading team comprises Gert and Yolanda Nell and Ngari Githitho.



Gulf Petrochem has launched a dedicated trading desk for Southern and Sub-Saharan Africa at its office in Rotterdam.

The new trading desk comprises three team members with more than 20 years' experience in the region: Ngari Githitho, Gert Nell and Yolanda Nell.

Githitho has been appointed as Trader - Petroleum Products, East Africa, and will report to Avik Ghosh, Global Head - Fuel Oil & Distillates.

Gert and Yolanda Nell have joined as bunker traders for South Africa. They will be reporting to Chris Todd, Head - Bunkering, West of Suez.

Commenting on the new trading team, Prerit Goel, Gulf Petrochem Group Director, said: "The addition of a dedicated Southern Africa and Sub-Saharan Africa trading desk will further support our global client base, providing them [with] informed insights into the trading dynamics of the region.

"The two regions have tremendous growth potential and are central to the new global trade links that are being fostered, especially with China's One Belt, One Road initiative. The regions have a strong role in meeting global demand for commodities and serve as a vibrant market for developed and developing nations in meeting their demand for raw materials."

Githitho previously served as a trader of middle distillates at MENA Energy DMCC, where he was involved in the physical oil trading of middle distillates both east and west of Suez.

"He has exposure to calculating arbitrage economics for East of Suez to West and vice versa, to take advantage of the spot opportunities arising," Gulf Petrochem explained.

Githitho also worked in trading and finance operations at MOGAS International Kenya Ltd, and was manager at the import letter of credit (LC) desk at Standard Chartered Bank.

Gert Nell previously served as general manager and bunker trader at both Bomin (Mauritius) Ltd and Bominflot South Africa.

"He successfully built the [Bomin] Sub-Sahara supply network, covering 25 new countries, 50 new ports and more than 500 supply contacts," Gulf Petroleum highlighted.

Yolanda Nell, meanwhile, was previously employed as a bunker trader at Bomin's Africa desk in London and Cape Town. In addition to trading, she was responsible for project support, compliance, legal and accounting structures, and worked as operational and administrative manager and accountant during a career spanning more than 15 years at Bomin/Bominflot.


Petrobras and Transpetro signing ceremony. Petrobras and Transpetro order 41 vessels worth $470m for fleet renewal  

Brazilian state oil companies contract gas carriers, barges and pushboats from domestic shipyards.

European Commission headquarters. EU proposes phase-out of high-risk biofuels from renewable energy targets by 2030  

Draft regulation sets linear reduction trajectory starting in 2024, with contribution reaching zero by end of decade.

Vessel with H2SITE ammonia cracking system. H2SITE launches Norwegian subsidiary to advance ammonia-to-power technology for maritime sector  

Spanish technology firm establishes Bergen hub to accelerate deployment of ammonia cracking systems for shipping.

CMA CGM Monte Cristo vessel. CMA CGM names 400th owned vessel as methanol-fuelled containership  

French shipping line reaches fleet ownership milestone with 15,000-teu dual-fuel methanol vessel.

Methanol bunkering operation at Yantian Port. Wah Kwong adds China’s first dual-fuel methanol bunkering vessel to managed fleet  

Da Qing 268 completed maiden operation at Shenzhen’s Yantian Port on 21 January.

Tomas Harju-Jeanty and Kalle Härkki. Sumitomo SHI FW licenses VTT syngas technology for sustainable fuels plants  

Agreement enables production of green methanol and SAF from biowaste for global gasification projects.

Hydromover 1.0 vessel. Yinson GreenTech launches upgraded electric cargo vessel in Singapore, expands to UAE  

Hydromover 2.0 offers increased energy storage capacity and can be fully recharged in under two hours, says designer.

Nildeep Dholakia, Island Oil. Island Oil appoints Nildeep Dholakia as senior trader in Dubai  

Marine fuel supplier expands Dubai team as part of regional growth strategy.

Wind-assisted LNG carrier AIP certification ceremony. Dalian Shipbuilding's wind-assisted LNG carrier design receives Bureau Veritas approval  

Design combines dual-fuel propulsion with foldable wing sails to cut emissions by 2,900 tonnes annually.

Dual naming ceremony of the GH Angelou and GH Christie vessels. Anglo-Eastern adds two methanol-ready Suezmax tankers to managed fleet  

GH Angelou and GH Christie were christened at HD Hyundai Samho Shipyard on 5 January.


↑  Back to Top