(EnergyAsia, August 2 2010, Monday) — Leading global bunker broker and trader KPI Bridge Oil Singapore Pte Ltd, a fully owned subsidiary of the London-based KPI Bridge Oil Group, has moved its offices to 1 Raffles Place in the heart of downtown Singapore.

Due to the steady growth and expansion of its bunker brokering and trading operations, the company has outgrown its previous facilities and has moved to a more central location.

KPI Bridge Oil Singapore said it expects to increase the size of its trading teams over the coming months.

Kelvin Yeo, KPI Bridge Oil Singapore’s managing director, said:

“The company has a strong reputation as a reliable and expert partner in the Asian bunkering market and has in recent years successfully established itself as one of the major players in Singapore. With 3,300 square feet of modern office facilities in central Singapore we have got the facilities to create a great working environment and platform for our trading teams and also suitably accommodate the planned future growth of the company.”

Jan Obel, KPI Bridge Oil Group’s CEO, said: “We are very pleased with the consistent strong performance and growth of the Singapore office and we’re continuing to look for more experienced traders to join the established teams. I believe that the Asian market offers great opportunities for growth and for the company to expand further in 2010 and beyond.”

With a strong maritime foundation dating back to 1971, KPI Bridge Oil Group has a global team of more than 65 experienced professionals, including more than 45 bunker brokers and traders.

The group supplies bunker and lube oil in over 2,800 ports worldwide for the international shipping industry, covering all major time zones 24 hours a day.