Singapore: Dynamic Oil Trading, the newly launched global trading company for marine fuels and lubricants, yesterday announced a successful start to trading, since it commenced operations in October 2012. The company supplied more than 100,000 tonnes in November with further increases forecast for December and beyond.
"We're well capitalized and have strong financial backing, which means that we're good for business," said Lars Møller, CEO, Dynamic Oil Trading.
"Put simply, our customers and partners trust us. They know that we have the experience and knowledge having worked in the industry for many years, but they also know that we have significant liquidity. This means that we have great relationships with our suppliers and our customers know that we can offer them the best prices on the best terms, and just as importantly, get the job done quickly."
Since beginning operations, the majority of business has been conducted in Singapore, although the company is now using its global contacts and infrastructure to develop its customer base in other worldwide regions. [18/12/12]