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A/S Global Risk Management has announced that its Singapore office is moving to new premises as of June 1st 2010 as part of its growth strategy in the region.

"Since we established the office more than one year ago, the client portfolio has increased and in order to ensure future growth possibilies we need larger premises”, said Sales Director Morten Rudebeck Henriksen [pictured].

Rudebeck, who was previously employed at the company's headquarters in Middelfart, Denmark, is heading Global Risk's office in Singapore.

“Singapore is a strategic centre for maritime business and we enjoy the proximity to both suppliers and clients”, said Rudebeck.

“It seems like the worldwide financial crisis is letting go of its grip and we see an increased optimism among our clients. We receive an increasing number of requests from companies wishing to eliminate worries about the volatile oil prices. In fact, we experienced a 300 percent increase in traded tonnes from November to December 2009,” Rudebeck added.

Global Risk helps customers develop their own fuel price risk strategy according to their own individual requirements. The company's main business segments are shipping, aviation, land transport and oil supply.

The new address of the company's Singapore branch is:

A/S Global Risk Management Ltd.
1 Raffles Place
#41-01A One Raffles Place
Singapore 048616
Telephone: +65 6438 4409
Fax: +65 6439 0856