Press

Danish shipping conglomerate United Shipping and Trading Company (USTC) continues to increase its shares in biomass market leader CM Biomass.

With an initial contribution of 50 million Danish kroner, the fund aims to support nature and restoration projects in Danish fjords.

The financial year 2023/24 has proven to be an "Annus Horribilis" for USTC, owned by the Østergaard family. The landslide at Nordic Waste and other isolated losses have resulted in a significant decline in earnings.

I januar 2024 annoncerede USTC-koncernen intentionen om at etablere en klimafond. Et særskilt formål for fonden var at donere 50 millioner kroner til borgerne i Ølst. Det bliver nu en realitet.

For første gang i koncernens knap 150 år lange historie er et selskab i USTC-koncernen nødsaget til at indlevere en konkursbegæring til skifteretten. Det sker på baggrund af en usædvanlig tragisk situation, som USTC om nogen er kede af og ville have ønsket anderledes.

As part of USTC’s ambitious growth strategy, Unit IT acquires the outsourcing division of one of Denmark's leading providers of fibre-optic broadband and IT sourcing, GlobalConnect, which currently services solutions for more than 30,000 B2B customers in the Nordics.

United Shipping & Trading Company (USTC) publishes their second sustainability report with a focus on setting conglomerate-wide standards.

New five-year strategy is set to guide the Danish, family-owned conglomerate United Shipping and Trading Company (USTC) on growth trajectory.

Following multiple years of growth and several major acquisitions, the Danish, family-owned conglomerate United Shipping & Trading Company (USTC) takes its next step in a strategic consolidation of its internal competencies with the hire of Søren Nørgaard as new Head of M&A.

Through a career that spans three decades, Jess Julin Ibsen has demonstrated impressive results in a number of leading positions at Danish and international companies. As of September 1st, he will take over as new CEO of the IT company Unit IT – a company in the USTC Group owned by the Østergaard family.

Despite geopolitical unrest, inflation, and volatile energy prices, family owned Selfinvest and its operating company USTC emerged with their best financial year to date. Strong results across all USTC companies have contributed to a record EBT of just above DKK 2.9 billion.

Two strong external profiles will step into the Global Risk Management (GRM) Board of Directors ...

Global Risk Management is now established on equal terms as Bunker Holding and USTC’s other companies directly under the USTC ownership.

CGO and co-owner of USTC, Mia Østergaard Rechnitzer, is at the forefront of bolstering and diversifying the boards; board now adds Jeppe Christiansen to its members.

Selfinvest, the Østergaard family office, and its operating company USTC announce their highest consolidated financial result to date...

USTC presents its first unified Sustainability Report, showing baselines and ambitions across the Group.

Unit IT kommer styrket ud af et år, der har været kendetegnet af opkøb i Østdanmark og tilvækst med mere end 75 nye medarbejdere...

Nina Østergaard Borris, co-owner and current COO of United Shipping and Trading Company (USTC), takes on new responsibilities...

CM Biomass doubles production capacity in the USA with new acquisition of the Mohegan Renewable Energy company...

The acquisition of IRT Logistics brings new colleagues and a strengthened business area for groupage transport between...

Unit IT's acquisition of solvo it marks the physical entry into Eastern Denmark for the rapidly growing IT company. The addition of...

CM Biomass, en af verdens største grossister af træpiller, har været på indkøb og føjer nu den danske træpilledivision fra...

Mia Østergaard Nielsen will return to the parent group when she takes over as Head of Corporate Governance at United Shipping and Trading Company (USTC)...

The tanker shipping company Uni-Tankers steers full steam ahead towards claiming their market-leading position in shipping...

As of October 1st, 2021, the Danish logistics operator FREJA Transport & Logistics A/S acquires 80% of the Norwegian company...

In recent years, Selfinvest has pursued a comprehensive growth strategy that will give the entire group more legs to lean on...

USTC announced today that it has acquired a majority stake in CM Biomass, the world’s largest independent wood pellet trading company...

USTC announced today that the Group has acquired BunkerEx with the objective to step up and streamline digitalisation activities...

Nina Østergaard Borris took on the role of COO for USTC in early 2020. Now she is taking the first steps in creating groupwide synergies...

Today FREJA Transport & Logistics Holding A/S and SDK A/S, owned by USTC, announced a merger that will consolidate...

Middelfart-based Selfinvest, which includes global group A/S United Shipping & Trading Company (USTC), can present a record...

The future of Torben Østergaard-Nielsen’s global shipping group United Shipping & Trading Company (USTC)...