World News
Sing Fuels Adds Board Member From UBS
Friday October 20, 2023
Global commodity trading firm Sing Fuels has added a new member to its board from Swiss lender UBS.
Vishal Rathee has joined the Sing Fuels board as a non-executive director as of this month, the company said in a LinkedIn post on Friday.
Rathee has worked for UBS since November 2021, serving currently as co-head of the firm's Asia-Pacific direct investment group and wealth management syndicate.
"With over 24 years of experience in investment banking, wealth management, and corporate strategy, Vishal's expertise will help drive growth, innovation, and sustainability at Sing Fuels," the company said in the post.
Sing Fuels was founded in 2012 and has offices in Singapore, Dubai, Greece, the UK and the US.
Key Bunker Prices More
| VLSFO | MGO | |||
|---|---|---|---|---|
| $/mt | +/- | $/mt | +/- | |
| Singapore | 602.50 | 13.50 | 676.00 | 10.00 |
| Rotterdam | 540.50 | 6.50 | 665.50 | 18.00 |
| Houston | 552.50 | 21.50 | 685.50 | 25.00 |
| Fujairah | 592.50 | 17.50 | 783.00 | 10.00 |
| Global 20 Ports Average | 615.00 | 12.00 | 757.00 | 15.00 |
| Global 4 Ports Average | 572.00 | 14.50 | 702.50 | 16.00 |
| Global Average Bunker Price | 653.00 | 9.50 | 824.50 | 9.50 |
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Oct 02The new hire was previously managing director of bunker trading firm Sing Fuels from March 2018 to this month. -
Oct 03The new hire was previously managing partner of Island Gulf Energy in Dubai from July 2016 to last month. -
Oct 02The new hire was previously a bunker trader for marine fuel trading firm Pacific Bunkers in Singapore from July 2012 to last month.