Bunker hedging company Global Risk Management (GRM) is putting the finishing touches to a new leadership team and strategy with the appointment of banker Kenneth Steengaard as chairman.
Steengaard will replace Keld Demant, who has been chairman since 2017. During that period, GRM, which is part of Danish tanker tycoon Torben Ostergaard-Nielsen’s United Shipping & Trading Co (USTC) group, has grown strongly.
