Sign up
Log in Sign up
Wed 26 Nov 2014, 15:02 GMT

Global Risk Management confirms Head of Trading appointment


Mads Hemmingsen has over eight years' experience in trading financial derivatives.

A/S Global Risk Management has today confirmed the appointment of Mads Hemmingsen [pictured] as Head of Trading.

In an emailed statement, the company said: "Mads is 31 years old and comes from a position as teamlead in charge of the trading desk in a large European trading house. He has more than 8 years' extensive experience in trading financial derivatives."

Global Risk Management added: "Mads will be responsible for the trading desk in the company where he will streamline the trading processes and assist the Oil Risk Managers in their daily work with advising and selling customised fuel trading and risk management solutions."

Prior to joining Global Risk Management, Hemmingsen had been employed as fuel oil trader at GDF Suez Trading in Brussels since June 2011. Before that, he was fuel oil trader at Electrabel - a Belgium-based energy business and subsidiary of GDF Suez - between 2009 and 2011.

Hemmingsen also worked as commodity trader at Danish financial institution Jyske Bank A/S between 2006 and 2009.

"With the growing trading volume we are experiencing in Global Risk Management we see Mads' extensive knowledge of managing trading desks as a great advantage for our clients as well as ourselves," said Hans Erik Christensen, Managing Director at Global Risk Management.

Contact details for Mads Hemmingsen have been provided below.

Direct phone: +45 8838 0004
Mobile phone: +45 5070 0148
Email: mhe@unitrading.com

Please find below the contact details of A/S Global Risk Management Ltd.

Strandvejen 7
Middelfart DK-5500
Denmark

Telephone: +45 88 38 00 00
Email: hedging@global-riskmanagement.com
Website: www.global-riskmanagement.com

Illustration of balance scale with cargo ship and penalty block. FuelEU penalties spark contract disputes as first-year compliance costs emerge  

Shipowners and charterers negotiate biofuel handling, payment timing, and multiplier penalties under new regulations.
Marina Bay Sands, Singapore. Singapore tops first global container port ranking by DNV and Menon Economics  

The port leads across all five assessment pillars in inaugural industry report.
Jack Spyros Pringle, Lloyd’s Register. Marine fuel procurement becomes strategic imperative as regulatory pressures mount: LR  

Operators must adopt comprehensive fuel strategies amid supply constraints and compliance costs, says Lloyd's Register.
Xinfu124 ultra-large LNG carrier. Private Chinese shipbuilder plans to deliver eight dual-fuel boxships  

Yangzi Xinfu is fully booked until May 2029 and expected to post annual sales revenue exceeding $1.4 billion.
Østensjø Rederi newbuild tug render. Østensjø Rederi orders methanol-ready tug from Spanish shipyard  

Norwegian operator contracts Astilleros Gondán for vessel with diesel-electric hybrid propulsion system.
Bound4blue worker in safety gear. Bound4blue establishes China production base for wind propulsion systems  

Spanish wind propulsion firm targets Asian shipbuilding market with outsourced manufacturing network.
Alfa Laval and Hanwha Ocean Ecotech sign MoU. Alfa Laval and Hanwha Ocean Ecotech partner on ammonia fuel systems  

Collaboration aims to develop ammonia fuel technology for dual-fuel vessels in the Asian market.
Meg Dowling, Lloyd's Register. Nuclear-powered boxships could deliver $68m annual savings: Lloyd's Register  

Small modular reactors could eliminate fuel costs and carbon penalties while boosting cargo capacity, says report.
Minerva Bunkering and Autoridad Portuaria de Las Palmas (APLP) signing ceremony. Minerva Bunkering extends Las Palmas terminal concession by 15 years  

Bunker supplier adds barge capacity and explores new terminal for energy transition fuels.
Liam Blackmore, Lloyd's Register. Ammonia Energy Association releases gas detection whitepaper with Lloyd's Register input  

Lloyd's Register contributed expertise to new guidance on ammonia detection systems for the maritime sector.




 Recommended