ShippingWatch

Founders lose millions on bunker company Endofa

Kenn Søndergaard and his wife Maria Theresa Lysgaard have lost millions on the bunker company Endofa.

The delivery and trade of ship fuel through bunker company Endofa has been a costly affair for the two founders, Kenn Søndergaard and his wife Maria Theresa Lysgaard.

From their base in Houston, Texas, Kenn Søndergaard and Maria Theresa Lysgaard founded the bunker company Endofa back in 2012 along with several partners, but the company has cost the two founders millions in the past two fiscal years. This is evident from the latest financial report from the company MTSL Holding A/S, where Maria Theresa Lysgaard - who is also registered as an executive in the company - is listed as the only owner with at least five percent of the capital.

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

Maersk rejects shippers' complaint in USD 180m dispute

U Shippers has no case in a contractual dispute reported to the US Federal Maritime Commission, Maersk writes in a response to the FMC. Moreover, the case should not even be a matter for the commission, the company says.

Further reading

Related articles

Latest news

See all jobs