World News
Bunker Trader and Supplier The Hawks Opens Dubai Office
Thursday March 9, 2023
Maldives-based marine fuel trading firm and physical supplier The Hawks has opened a new office in Dubai.
The recently opened office will work both on trading and developing the company's physical supply operations in the Maldives, a company representative told Ship & Bunker this week.
"For now, it's five people [in the Dubai office], and we are trading back-to-back at the same time as developing our business in the Maldives, as we are a physical supplier there," the representative said.
The Hawks was founded in 2007 as a physical supplier in the Maldives. The firm currently has a fleet of five tankers and 14 barges of various sizes, as well as a fuel terminal at Thilafushi.
Key Bunker Prices More
| VLSFO | MGO | |||
|---|---|---|---|---|
| $/mt | +/- | $/mt | +/- | |
| Singapore | 571.00 | 1.50 | 685.50 | 5.50 |
| Rotterdam | 516.50 | 1.50 | 677.50 | 3.50 |
| Houston | 556.00 | 6.00 | 679.00 | 1.00 |
| Fujairah | 565.00 | 4.50 | 755.00 | 1.50 |
| Global 20 Ports Average | 589.00 | 3.00 | 764.50 | 3.50 |
| Global 4 Ports Average | 552.00 | 3.00 | 699.00 | 2.50 |
| Global Average Bunker Price | 635.50 | 1.00 | 811.50 | 11.00 |
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