Oil & Energy - Geneva, Geneva, Switzerland
Global One Energy is active in the market of oil and gas products, where customer satisfaction and fast execution are paramount. Our main products are LPG, High Sulphur Gasoil as well as Fuel Oil. Our market is mainly concentrated in the Mediterranean Sea, the Red Sea, the GCC countries and the Indian Ocean. Through our Clearing House partners, our company has the ability to manage price risk related to trading through multiple paper instruments.Continuing its expansion momentum, Gloen is building on its current network in Africa to establish solid businesses in preparation to set up its base in West Africa to boost its LPG business through its various activities.We are operating various size LPG Carriers in long lease, in order to cover our needs in LPG transportation. For other products, we use vessels hired on the spot market. To achieve those operations, we work with professionals partners in the shipping market such as brokers, agents, insurance companies etc.At present, Gloen is pursuing the integration of its LPG transportation business through the creation of a fleet of market competitive LPG carriers.Despite having a substantial equity, our company is in the continuing process of securing additional funds for trade finance operations. Our prime financial partners are banks, but we also use private equity partners for the financing of our trading operations.Having accounts and credit facilities with various major banks in Switzerland and Singapore, we are always increasing our financial capabilities through cooperation with trade finance leading banks.
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