Ownership

Strategic support behind every move

Northflare Energy is fully owned by United Shipping & Trading Company (USTC), a long-established Danish family-owned group founded in 1876. We operate independently, backed by financial strength, long-term perspective and a legacy of international trading, shipping and logistics activities.

Backed by stability. Driven by ambition.

Our USTC ownership gives us the room and stability to keep developing as an ambitious biomass specialist and trusted partner in the energy landscape. It allows us to strengthen what makes us different, build where the market is moving and focus on the opportunities that will shape what comes next.

Part of USTC 

Part of a global powerhouse 

Being part of USTC represents more than ownership. It connects us to a global group of around 3,500 people across 130 offices – with specialist experience in trading, shipping, logistics, technology and risk.

  • Bunker Holding

    Bunker Holding operates globally within marine fuel trading, supply and risk management. Its international trading heritage adds another perspective to a group built around complex commodity markets and global trade.

  • Global Risk Management

    Global Risk Management specialises in energy price risk management and hedging, helping businesses manage exposure to volatile energy and commodity markets.

  • Uni-Tankers 

    Uni-Tankers is USTC’s tanker shipping business. Its experience in international shipping adds deep operational knowledge of moving products safely and efficiently across global markets.

  • SDK Freja 

    SDK FREJA provides shipping and logistics services across road, sea, air and warehousing. The company brings strong operational experience in moving goods across international markets.

  • Unit IT 

    Unit IT provides technology and digital expertise across the USTC business environment, supporting organisations operating in complex, international and data-driven markets.

  • Selected Car Group

    Selected Car Group operates within premium automotive leasing, investment and experiences, combining specialist market knowledge with a strong commercial focus.

A family-owned legacy. Backed by generations.

USTC is owned by the Østergaard family through their private holding and investment company Selfinvest. The family’s active involvement in strategy, boards and long-term group development helps create continuity – while each business stays responsible for its own market performance.

Ready to move
forward?

Whether you have a question, a specific supply need or a possible partnership in mind, tell us about it, and we’ll get back to you as soon as possible.

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