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Leading bunker supplier Chemoil has announced that it has hired John Phillips as Credit Manager in Singapore to spearhead Chemoil’s global credit management operations. The appointment aims to further strengthen the company’s robust financial and risk management strategy.

Mr Phillips was formerly Operations Manager at Lloyd’s Marine Intelligence Unit (Lloyd’s MIU), one of the world’s leading international maritime credit reporting agencies.

During his tenure at Lloyd’s MIU, he also held other positions including the role of Senior Analyst. He has 24 years of experience in the maritime industry, including time in ship & port agency management, tanker operations, ship vetting and shipbroking.

Prior to joining Lloyd’s MIU, John had worked in both Greece and Saudi Arabia.

Mr Jerome Lorenzo, Chief Financial Officer of Chemoil said: “John brings with him a wealth of maritime experience and professional credit management expertise that will help us to develop closer, more honest and open relationships with customers and partners, avert credit risks and strengthen our financial position and strategy.

"With global credit tightening to the core, minimizing risk exposures through accurate counter-party intelligence has never been more critical for marine fuel suppliers. As a progressive market leader and bunker supplier that is committed to protecting consistent financial performance, John’s appointment reaffirms Chemoil’s commitment to managing risk in a volatile climate.”

Mr Phillips holds a first class honors degree in Maritime Business with Maritime Law and an MSc in Port Management. He is a Fellow of the Institute of Chartered Shipbrokers, a Chartered Member of the Institute of Logistics & Transport, a member of the Energy Institute, a member of the Baltic Exchange, and a Visiting Research Fellow at University of Plymouth.