World News
New Houston and Singapore Hires for GAC Bunker Fuels
Dubai-based GAC Bunker Fuels Ltd. says it has hired two new traders in the US and Singapore.
Chris Brooks, who previously worked in bunker fuels procurement for Chevron and Bominflot for six years, joined the Houston office of the GAC Group's bunker trading subsidiary, while Casey Han was hired at the Singapore office.
"After a very fruitful year of steady growth during 2013, we felt the time was right to inject more bright young talent to further develop our business and deliver results for our clients" GAC Bunker Fuels Director Nicholas Browne.
"Chris and Casey are valuable additions to our international network."
Browne said last year that the company was adding new management functions to serve its growth and expansion strategy.
Dubai, UAE, headquartered GAC says it covers all regions and time zones throughout its offices in the USA, UK, Norway, Egypt, Sri Lanka, and Singapore.
Key Bunker Prices More
| VLSFO | MGO | |||
|---|---|---|---|---|
| $/mt | +/- | $/mt | +/- | |
| Houston | 595.00 | 0.50 | 767.00 | 4.50 |
| Singapore | 625.00 | 9.00 | 732.00 | 15.00 |
| Rotterdam | 577.50 | 3.50 | 739.50 | 1.00 |
| Fujairah | 628.50 | 4.00 | 878.50 | 11.00 |
| Global 20 Ports Average | 645.50 | 0.50 | 827.00 | 5.00 |
| Global 4 Ports Average | 606.50 | 0.50 | 779.50 | 0.50 |
| Global Average Bunker Price | 703.50 | 4.00 | 886.00 | 6.00 |
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