ShippingWatch

USTC strengthens board to increase growth in oil and ships

United Shipping & Trading Co Lts, headquartered at the shore of the Little Belt, has put in place a new board which will also control the auxiliary companies Bunker Holding and Uni-Tankers, USTC informs. One of the new board members is Klaus Nyborg who was previously with Pacific Basin.

One of the biggest companies in Denmark, United Shipping & Trading Co Ltd., strengthens its board. Moreover, the new board will also direct the auxiliary companies Bunker Holding and Uni-Tankers. The new board is composed to reflect the knowledge needed to further develop the parent company and the two shipping related companies in a difficult market, USTC informs.

In later years, USTC, active within oil bunkering, shipping and ship management, has grown to be the fourth biggest company in Denmark in 2012. The turnover for the latest accounting year reached USD 11.7 billion.

Already a subscriber? Log in.

Read the whole article

Get access for 14 days for free.
No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
An error has occured. Please try again later.

Get full access for you and your coworkers.

Start a free company trial today

More from ShippingWatch

Nina Østergaard Borris takes over as USTC's CEO

Danish billionaire Torben Østergaard-Nielsen passes the position as CEO of USTC to his daughter Nina Østergaard Borris. ”A joint decision by the ownership,” Østergaard-Nielsen tells newspaper.

Related articles

Latest news

See all jobs