World News
Maersk Oil Trading Hires Fuel Oil Trader in Geneva
Friday June 14, 2024
Maersk Oil Trading, the bunker fuel arm of container and logistics firm AP Moller-Maersk, has hired a new fuel oil trader in Geneva.
Gonzalo Rivera Bonacasa has joined Maersk Oil Trading's Geneva office as a fuel oil trader as of this month, he said in an update to his LinkedIn profile on Thursday.
The new hire was previously a fuel oil trader for ExxonMobil from January 2022 to May of this year.
He had earlier worked for Repsol from 2016 to 2021, serving most recently as a heavy products trading analyst.
Maersk's ships consumed a total of 9.838 million mt of bunker fuel in 2023.
Key Bunker Prices More
| VLSFO | MGO | |||
|---|---|---|---|---|
| $/mt | +/- | $/mt | +/- | |
| Singapore | 613.50 | 2.00 | 748.00 | 2.50 |
| Rotterdam | 559.00 | 3.50 | 768.00 | 1.50 |
| Houston | 588.00 | 1.50 | 764.50 | 2.00 |
| Fujairah | 610.00 | 0.50 | 860.00 | 4.00 |
| Global 20 Ports Average | 627.00 | 0.50 | 814.50 | 5.50 |
| Global 4 Ports Average | 592.50 | 1.00 | 785.50 | 2.00 |
| Global Average Bunker Price | 672.00 | 0.50 | 875.50 | 3.00 |
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