The appointment of a list of new international profiles on the board of directors of the oil and shipping group, USTC, and its subsidiaries, is the culmination of nearly a year’s worth of intensive work to create frameworks for new growth in the already rapidly growing business. This is the statement given by Torben Østergaard-Nielsen, the sole proprietor of USTC whose headquarters are located in Middelfart.
The announcement of a strengthening of the top management came on Wednesday, just a few days after the largest company of the group, Bunker Holding, secured a capital base for the coming years with the help of a number of major banks and a new loan facility of 3.7 billion Danish kroner. Bunker Holding is one of the largest bunker companies in the world.
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