World News
New Bunker Firm Sets up Shop
Wednesday October 9, 2019
Former Integr8 staffers have formed a new bunkering outfit under the aegis of the Borealis shipping group.
The company, Aurora Marine Fuels, is in the process of getting organised to meet the bunker fuel needs of its parent company's ships.
"The plan is to service the Borealis fleet," executive director Daniel Cheverall told Ship & Bunker. Two ex-colleagues -- David Raeburn and Sam Groves -- will be joining Cheverall shortly, he added.
Further down the line, the company, which will be based in London, hopes to expand beyond its core customer base.
The Borealis Maritime fleet comprises reefers, bulkers and tankers and the company has offices in London, Hamburg and Istanbul.
Key Bunker Prices More
| VLSFO | MGO | |||
|---|---|---|---|---|
| $/mt | +/- | $/mt | +/- | |
| Singapore | 647.50 | 1.00 | 770.00 | 3.50 |
| Rotterdam | 601.50 | 2.50 | 754.00 | 2.00 |
| Houston | 619.00 | 11.50 | 795.50 | 3.00 |
| Fujairah | 651.50 | 1.00 | 895.00 | 2.00 |
| Global 20 Ports Average | 664.00 | 1.50 | 856.50 | 2.00 |
| Global 4 Ports Average | 630.00 | 3.00 | 803.50 | 2.50 |
| Global Average Bunker Price | 718.00 | 0.50 | 914.50 | 0.50 |
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