165:. USTC holds a portfolio of activities that includes oil & energy, shipping & logistics, ship owning, risk management, car activities, IT, sustainable energy, and environment & recycling. The USTC Group is represented by more than 140 own offices in 40 countries and has more than 4,000 employees (2022). The largest company in the group is Bunker Holding, the world's leading company in bunker trading and the parent company of several autonomous bunker fuel companies around the world. Other USTC companies are SDK FREJA, Uni-Tankers, Selected Car Group, Unit IT and CM Biomass, among others.
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In 2022, a change in leadership took place, as Nina Ãstergaard Borris takes over as CEO of the USTC Group after her father, Mia Ãstergaard
Rechnitzer assumes the role as Chief Governance Officer, and Torben Ãstergaard-Nielsen steps up as working Chairman of the Board of the USTC Group.
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in 1876. In 1974, the company acquired the local shipbroker H. Sommer in
Middelfart. In 1978, Torben Ãstergaard-Nielsen, was appointed as new Managing Director of H. Sommer's Eftf. Shipping ApS and under his leadership the company diversified into bunker trading.
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In 2020, Torben Ãstergaard-Nielsen's two daughters became co-owners of the group. Nina Ãstergaard Borris and Mia Ãstergaard
Rechnitzer each received a 1/3 of the ownership of Selfinvest, the USTC Group's parent company.
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In 1981, Ãstergaard-Nielsen embarked on a process which has led to the transfer of bunker activities to independent subsidiaries around the world, now the backbone of Bunker
Holding A/S.
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and his two daughters, Nina Ãstergaard Borris and Mia Ãstergaard
Rechnitzer (the first financial step in the planned succession process was implemented in June 2020).
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USTC Group holds a turnover of 118.5 billion DKK and an equity of 4.3 billion DKK (2021/22). The group is owned by
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In 2013, USTC moved to its present head office, a fully restored turbine hall at
Turbinevej in Middelfart.
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S – founded in 2003 as
Outforce and merged with MindZet and it-Craft in 2019 as Unit IT
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Torben Ãstergaard-Nielsen and his two daughters, Nina Ãstergaard Borris and Mia Ãstergaard
Rechnitzer
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United
Shipping & Trading Company was founded as Julius Mortensen Shipping in
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In 1998, Torben Ãstergaard-Nielsen became sole owner of the USTC Group.
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Torben Ãstergaard-Nielsen (Chairman of the Board, founder)
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263:"History of United Shipping & Trading Company"
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385:Companies based in Middelfart Municipality
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151:United Shipping & Trading Company
28:United Shipping & Trading Company
390:Danish companies established in 1876
309:"USTC - Succession in place in USTC"
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380:Shipping companies of Denmark
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100:118,5 billion DKK (2021/22)
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334:"USTC changes leadership"
170:Torben Ãstergaard-Nielsen
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112:4.3 billion DKK (2021/22)
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242:CM Biomass Partners A/S
236:Global Risk Management
18:Global Risk Management
332:admin (2022-05-25).
126:Number of employees
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338:All About Shipping
212:Bunker Holding A/S
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16:(Redirected from
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363:Official website
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273:on 2016-03-18.
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107:Total equity
59:Headquarters
33:Company type
78:Area served
374:Categories
343:2023-02-28
318:2023-02-28
294:2012-10-23
249:References
230:Unit IT A/
182:Fredericia
159:Middelfart
88:Key people
64:Middelfart
288:"History"
82:Worldwide
45:Shipping
41:Industry
313:ustc.dk
267:ustc.dk
176:History
163:Denmark
135:Website
97:Revenue
70:Denmark
51:Founded
290:. USTC
130:4,000
117:Owner
155:USTC
140:ustc
54:1876
142:.dk
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