World News
Maersk Oil Trading Hires Head of Renewable Fuels
Maersk Oil Trading, the bunker supply unit of shipping giant AP Moller-Maersk, has hired its first head of renewable fuels.
Urszula Uszko will join the company's Copenhagen office as global head of renewable fuels from August 1, a spokesman told Ship & Bunker by email on Thursday.
Uszko was previously a biodiesel trader for BP in London.
Maersk Oil Trading arranges the bunker fuel needs of its parent company's fleet, as well as supplying fuel to third-party clients.
Maersk has committed this year to only ordering ships capable of running on zero-carbon fuels from now on, and has set a net-zero greenhouse gas target for itself by 2050. The company expects its first zero-carbon ship, a 2,000 TEU feeder vessel running on green methanol, to be operating by the end of 2023.
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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