World News
Endofa Expands into Europe
Houston based bunker supplier and trader Endofa today said in an emailed statement it has expand its presence into Europe through a partnership with bunker brokers VP Bunkers.
The new entity, Endofa-VP, has its offices located in Nice, France.
"Our promise to deliver Positive Energy to the shipping market and offshore industry is very much at the center of this new venture," said Kenn Soendergaard, Managing Partner, Endofa, who noted that both firms have been working closely on several projects.
"Our European activity climbed consistently throughout 2013.
"This is a win-win for both entities and our customers/suppliers as we work to expand Endofa-VP."
Endofa, who announced the start of its first physical supply operations at the end of 2012, in December 2013 jointly founded a new physical supply operation in West Africa with Dan-Bunkering.
VP Bunkers was established in 2010, according to its website.
Key Bunker Prices More
| VLSFO | MGO | |||
|---|---|---|---|---|
| $/mt | +/- | $/mt | +/- | |
| Houston | 628.50 | 7.50 | 812.50 | 1.50 |
| Singapore | 655.50 | 2.00 | 808.50 | 4.50 |
| Rotterdam | 619.00 | 0.00 | 789.00 | 8.00 |
| Fujairah | 653.50 | 4.50 | 900.00 | 2.50 |
| Global 20 Ports Average | 672.00 | 0.50 | 885.00 | 7.00 |
| Global 4 Ports Average | 639.00 | 2.50 | 827.50 | 2.00 |
| Global Average Bunker Price | 727.50 | 1.50 | 933.50 | 5.00 |
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